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US special forces soldier arrested after allegedly winning $400k on Maduro raid

cnn.com

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Re: US special forces soldier arrested after allegedly winning $400k on Maduro raid

#271

Post by psychoslave »

nandomrumber wrote: post #192
wraptile wrote: post #184

Earlier quoted context omitted.

At this point insider trading issue has run away so hard I don't see how it can be tamed without revolutionary frameworks. If we look at crypto then I'm not sure we want to live in a world where insider trading is normalized either so we ought to start working on these new frameworks as soon as possible but nobody seems to care.

> without revolutionary frameworks I’d argue that the level of corruption we’re seeing, not just in the USA but all over the Western world, hasn’t risen to a level that warrants revolutionary action. > nobody seems to care And it would seem that the masses tend to agree. We are much much better off tolerating this level of corruption than we would be attempting a revolution. Ultimately, it doesn’t matter how fat the…

>We are much much better off tolerating this level of corruption than we would be attempting a revolution.

There is no we to prevent any revolution occurring once corruption or "mere" wealth distribution unsustainable discrepancy are passing some thresholds, after which it simply will feedbackloop exponentially.

Pauperization that allows some party to have chip exploitable labour too frightened to have strong collective claims is also building the social structure of bloody revolution as masses feel like rushing into brutality is the only viable left option.

Re: US special forces soldier arrested after allegedly winning $400k on Maduro raid

#272

Post by rectang »

b112 wrote: post #259
Fricken wrote: post #257

Earlier quoted context omitted.

Tulsa once had what was known as Black Wall Street. There were too many successful black men, so 1921 in the whites massacred everybody. They even brought in planes and dropped bombs. https://en.wikipedia.org/wiki/Tulsa_race_massacre

[flagged]

The broader theme of antagonism to Black success motivating the thoroughness of the destruction is a common observation about Tulsa.

Re: US special forces soldier arrested after allegedly winning $400k on Maduro raid

#273

Post by xienze »

pbkompasz wrote: post #240
looksjjhg wrote: post #177

That’s hilarious … so he’s arrested and put on trial and all the senate and congress are doing the exact same and free? lol

I like how when people talk about corruption they think about Nancy Pelosi or some other congressman/senator making couple million $ on the stock market over their entire careers due to insider trading. Just last week Trump made a bet of around $1B on the price of oil going down before doing a fake announcement.

> I like how when people talk about corruption they think about Nancy Pelosi or some other congressman/senator making couple million $ on the stock market over their entire careers due to insider trading

So, two things. First, she's made quite a bit more than a few million dollars. Second, she's been an example of being a "suspiciously good trader" for years and years and years. Has anything happened to her? Republicans talk about her and do nothing about it. Democrats say it's a conspiracy theory. The behavior has quite clearly been normalized.

Re: US special forces soldier arrested after allegedly winning $400k on Maduro raid

#274

Post by Luker88 »

Solving insider trading is fundamentally impossible due to the burden of proof.

However I am convinced that forcing people to keep their shares for even just one week would stabilize the markets enough to make insider trading much more obvious (and easier to prosecute). It would also force a shift on perspectives more on the long run, instead of focusing on immediate speculation.

This was a prediction market, not a proper market trade, and I am glad I live in a country where that is outlawed. This is untaxed, unregulated gambling.

Re: US special forces soldier arrested after allegedly winning $400k on Maduro raid

#277

Post by samsari »

Frieren wrote: post #219
looksjjhg wrote: post #177

That’s hilarious … so he’s arrested and put on trial and all the senate and congress are doing the exact same and free? lol

Only aristocrats can play that game. The soldier is being punished for doing something not allowed for his class status. This is how a caste system works. People is not judged based on their actions but their relationship to power.

You're almost right, but "class" and "caste" are not synonyms and cannot be used interchangeably.

Re: US special forces soldier arrested after allegedly winning $400k on Maduro raid

#278

Post by xienze »

selcuka wrote: post #145
notepad0x90 wrote: post #141

Earlier quoted context omitted.

did he leak the information, or just speculate on it? is it leaking classified info when pentagon officials order lots of pizza and thus inform the world that a military operation is being planned?

"A military operation is being planned" is very different from "Maduro will be kidnapped in the next x hours". "Pentagon planning a military operation" is not exactly classified information as it is safe to assume that Pentagon is always planning a military operation.

> "A military operation is being planned" is very different from "Maduro will be kidnapped in the next x hours".

IIRC, the bet was on "Nicolas Maduro out?":

> If Nicolás Maduro leaves office before February 1, 2026, then the market resolves to Yes.

So the bet wasn't specifically "Nicolas Maduro kidnapped?" or even "Nicolas Maduro out by January 3rd?" And IIRC there was a lot of Trump saber rattling about Venezuela in the days before, hence the creation of the bet. I could absolutely see a plausible way to link these publicly-available pieces of information into a winning bet:

* Trump talking tough about Venezuela

* Spike in DC pizza activity on January 2nd

Re: US special forces soldier arrested after allegedly winning $400k on Maduro raid

#279

Post by JonChesterfield »

Luker88 wrote: post #274

Solving insider trading is fundamentally impossible due to the burden of proof. However I am convinced that forcing people to keep their shares for even just one week would stabilize the markets enough to make insider trading much more obvious (and easier to prosecute). It would also force a shift on perspectives more on the long run, instead of focusing on immediate speculation. This was a prediction market, not a p…

It would do nothing. You'd get an increase in derivatives volume with the same underlying effect.

Re: US special forces soldier arrested after allegedly winning $400k on Maduro raid

#280

Post by markus_zhang »

pbkompasz wrote: post #240
looksjjhg wrote: post #177

That’s hilarious … so he’s arrested and put on trial and all the senate and congress are doing the exact same and free? lol

I like how when people talk about corruption they think about Nancy Pelosi or some other congressman/senator making couple million $ on the stock market over their entire careers due to insider trading. Just last week Trump made a bet of around $1B on the price of oil going down before doing a fake announcement.

I think corruption happens long ago before Trump. I’m thinking more on the inequality of wealth and how a smaller percentage of people takes a bigger share of the wealth since I don’t know when. Trump is in fact the symptom of that corruption and part of the reason people elected him. But he definitely makes it worse especially in his second presidency.

Nowadays super riches run the show and even the illusion of democracy is gone.

Another thought: many political elites are probably waiting and pushing for Trump to fail to take over. It is us who are going to suffer.

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