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

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

#291
post #259

Earlier quoted context omitted.

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Well, I am also having trouble with stating it as a fact, that the reason was they were too wealthy. Might have played a role later, but that is not clear to me from what is stated on wiki:

"The massacre began during Memorial Day weekend after 19-year-old Dick Rowland, a black shoeshiner, was accused of assaulting Sarah Page, a white 21-year-old elevator operator in the nearby Drexel Building.[25] He was arrested and rumors spread that he was to be lynched. Several hundred white residents assembled outside the courthouse, appearing to have the makings of a lynch mob. A group of approximately 50–60 black men, armed with rifles and shotguns, arrived at the jail to support the sheriff and his deputies in defending Rowland from the mob. Having seen the armed black men, some of the whites who had been at the courthouse went home for their own guns. There are conflicting reports about the exact time and nature of the incident, or incidents, that immediately precipitated the massacre.

According to the 2001 Commission, "As the black men were leaving, a white man attempted to disarm a tall, African American World War I veteran. A struggle ensued, and a shot rang out." Then, according to the sheriff, "all hell broke loose."[26] The two groups shot at each other until midnight when the group of black men was greatly outnumbered and forced to retreat to Greenwood."

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

#292

There are a lot of (rightly) critical comments here about the imbalance between prosecutions of high-ups taking bets and the grunts (in this case though, a senior-ranking soldier). But it seems to me that the closer to the frontline you go, the betrayal is even worse; if the story is true, then these are his friends and comrades he is endangering for financial gain - its not just an abstract risk argued away by simpl…

Do we have any evidence of higher-ups making bets?

People with a lot of money have certainly been making bets (plenty of recent news items on that), but I think the point being raised by others is that it's suspicious that only the lower orders have so far apparently been pursued.

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

#293
post #236
post #42

Since this is relevant to many HN comments, copy-pasted the charges from the pdf indictment in the linked page: Count 1 - Unlawful Use of Confidential Government Information for Personal Gain Count 2 - Theft of Nonpublic Government Information Count 3 - Commodities Fraud Count 4 - Wire Fraud Count 5 - Engaging in a Monetary Transaction in Property Derived from Specified Unlawful Activity

> Count 5 - Engaging in a Monetary Transaction in Property Derived from Specified Unlawful Activity For a moment there I read this as the unlawful activity was Maduro's arrest, and someone made money on that fact.

Maduro's kidnapping was unlawful.

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

#294

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…

> Ultimately, it doesn’t matter how fat the fat cats are so long as the general population’s standard of living doesn't go backwards too far too fast.

Worker's compensation in real terms has been almost flat for the last 50 years, 50 years which have seen the largest increase in productivity in recorded history by far. I'm surprised this is still not enough to you.

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

#296

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

Yes. This is Trump signaling that insider trading is for actual insiders only.

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

#297

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 too wonder why "Nancy Pelosi" has become basically synonymous with Congress insider trading when she's not even close to the top of the list among congresspeople.

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

#298

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.

We, today, are better not attempting revolution because revolutions are painful. But we are also on a downward slope which will eventually reach below a threshold where 2 things happen: their* life will be much worse off than any revolution, but also they will no longer be able to mount a revolution.

I've lived through a violent revolution. Not knowing what's happening, not knowing what tomorrow brings, while getting shot at are all terrifying. I can genuinely say that most of what came after was better. A few paid a high price for the several generations that came after to mostly have it better.

I am not advocating revolution, just doing what it takes to change course. Even voting appropriately could do it.

*I say they because it might not happen in our lifetime. But we are selling our kids' futures for our current comfort. They'll be the ones really paying our debt.

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

#299

I was under the impression that insider influence was the point of these systems? Want something to happen? Bet a lot of money that it won't, pulling the market forces towards the action you want. It goes from "taking out a hit" to "betting that someone will live to next Thursday". It's such an obvious outcome of these systems that I was operating on the assumption that it was the actual point. So maybe the thing thi…

“Super markets trade money for food. An obvious outcome is that someone without money will shoot the employees to steal food. Therefore the purpose of supermarkets is to facilitate murder”
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