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Mystery jump in oil trading ahead of Trump post draws scrutiny

bbc.com

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Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#241

Post by XorNot »

Jcampuzano2 wrote: post #57
andix wrote: post #41

Earlier quoted context omitted.

Donald Trump has one big advantage over many other members of the administration: He will be long dead before the justice system can act on him. Also something to keep in mind in the future: Old people have no reason to fear prison, they will die before they can get convicted.

Partly why I'm against anybody over retirement age taking office even if it is a heavy handed approach and could be seen as age discrimination. The odds are too low of anybody getting meaningfully punished while they get to openly setup their entire family for generations using means and information not available to any normal citizen. And while not guaranteed they are statistically more likely to suffer age related…

Probably the best age limit argument I've heard really: whatever retirement and pension age is, for public office that's the limit.

It's nice and clear, has obvious motivation and obvious sourcing.

Also obvious incentives: e.g. after your political career you will live with the system you helped build.

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#242

Post by fhdkweig »

Jcampuzano2 wrote: post #84
rvz wrote: post #37

Earlier quoted context omitted.

Sure, we should ban all insider trading of any kind; including people in congress which have done this repeatedly without any consequences.

They should be banned from trading or accepting any money whatsoever and be forced to divest from all assets. And then to compensate they should be paid more in terms of salary, even if that salary seems absurdly large it would be less than most of them gain from the insider info they use to make deals. Take the median income, multiply it by 5-10 and thats their salary.

There could also be a requirement for them to buy and hold (for a predetermined length of time) broad index funds that match the US Total Stocks and US Total Bond markets. They would only make money if the US as a whole makes money. It would certainly help with aligning motivations.

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#243

Post by XorNot »

vidarh wrote: post #126
Jcampuzano2 wrote: post #84

Earlier quoted context omitted.

They should be banned from trading or accepting any money whatsoever and be forced to divest from all assets. And then to compensate they should be paid more in terms of salary, even if that salary seems absurdly large it would be less than most of them gain from the insider info they use to make deals. Take the median income, multiply it by 5-10 and thats their salary.

The problem is that it is still to make vague promises of future income to buy them. E.g. speaking fees.

Making better the enemy of best is a sure path to failure.

"Speaking fees" and deferred income are very different from being able to bank the profits tomorrow morning.

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#244

Post by acdha »

whamlastxmas wrote: post #167
acdha wrote: post #132

Earlier quoted context omitted.

It’s not different because of who’s doing it but due to scale: creating news which steers markets is worse than trading based on insider information, and there’s a scale question as well (billions versus millions). I want them both prosecuted but in terms of priorities I’d favor the police going after armed robbers over porch thieves.

I think this sort of thinking is why we have people who continue to vote against their own self interests. The fact is we really don't have enough information to make meaningful conclusions about which party is causing more harm with insider trading. It would take a team of accountants and lawyers years to confidently measure this. A random individual isn't going to assess this well. But because people confidently dr…

> what largely democrat controlled corporate news media tells them

If you believe this, ask why and which side benefits from you being so misinformed. There’s a reason why the right-wing spends billions of dollars and encouraging people to blame “both sides” is a key part of it.

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#245

Post by ck2 »

but the real crime

this war will most certainly still be going on by the end of 2026

and at that point will have cost half a trillion dollars

US oil producers are THRILLED at these prices (as well as Russia)

he can't just end the war, not only his call anymore

if US leaves the strait no oil will ever get through

and there are 150 tankers currently waiting, maybe forever

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#246

Post by lepset »

KK7NIL wrote: post #221
lepset wrote: post #154

Earlier quoted context omitted.

Yes I am asserting that, there is no proven evidence she was. Congressional stock trading is legal.

There's no "proven evidence" (whatever that means) that people in the Trump administration are insider trading either, yet we can see some very suspicious ripples in the market. Pelosi was even more obvious as we know all of her trades, their timing and her outrageous outperformance during that period.

Trump is out here running crypto rug pull grifts as the president to enrich himself and his family while holding office. This hand wringing about Nancy Pelosi is just slopulism. She just invested in SF tech companies and they happened to do well.

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#247

Post by ngruhn »

password54321 wrote: post #201
inaros wrote: post #100

Earlier quoted context omitted.

>> The war should not be won. it should be ended before everyone loses. My analysis and my comment I linked to agrees. And that is a strategic victory for Iran, Russia, China and a defeat for Israel, and the US. The worst will be the Gulf States hostages of their dueling stock pile of defense missiles running out...to which they will have to queue for, with US DOD at the front of the queue.

>a defeat for Israel False, Israel has used the whole war to take over Lebanon almost silently from mass media attention. They are about to annex a part of it.

They are at war because Hezbollah attacked... again.

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#248

Post by malfist »

soperj wrote: post #151
unyttigfjelltol wrote: post #133

Earlier quoted context omitted.

I think you’re just seeing the logic of US defense by offense, and the reason why the excursion was launched as it was three weeks ago. If you step back, in 1979 Iran launched a revolution that had an avowed goal of “death to America”. If the Iranians play the kinetic scenario to the bitter end, they simply are demonstrating this was not mere poetry and there never was any other off-ramp, just tactically deciding at…

> If you step back, in 1979 Iran launched a revolution that had an avowed goal of “death to America”. If the Iranians play the kinetic scenario to the bitter end, they simply are demonstrating this was not mere poetry and there never was any other off-ramp, just tactically deciding at what relative strength these two systems will collide. Step back further and you see that they were overthrowing a dictator that the U…

If you take a step back even further, perhaps you don't bomb a girls school three times because someone 47 years ago said something mean about your country and then never followed up.

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#249

Post by malfist »

unyttigfjelltol wrote: post #133
saidnooneever wrote: post #80

Earlier quoted context omitted.

if a ground invasion goes they will destroy oil trade and everyone is screwed. The war should not be won. it should be ended before everyone loses.

I think you’re just seeing the logic of US defense by offense, and the reason why the excursion was launched as it was three weeks ago. If you step back, in 1979 Iran launched a revolution that had an avowed goal of “death to America”. If the Iranians play the kinetic scenario to the bitter end, they simply are demonstrating this was not mere poetry and there never was any other off-ramp, just tactically deciding at…

Which country is engaging in antisocial behaviors again? I can't keep it straight. Is it the country that started an unprovoked war or the country defending themselves?

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#250

Post by ngruhn »

metabagel wrote: post #195
cmrdporcupine wrote: post #108

Earlier quoted context omitted.

and the parties that initiated it know that. they actually have no interest in geo-strategic goals. they are interested only in selfish commercial ones. The US is an oil exporting country and the people pulling the puppet strings of the dominant party in power directly benefit from high oil prices. Further, oligarchical political-economic structures also benefit from "chaos is a ladder" scenarios where their privileg…

I don't think so. I think Trump just thought it would be easy and with no repercussions.

This. That man is not playing 4D chess. His only superpower is such blatant disregard for norms that he can do stuff everyone assumed is impossible.
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