I guess the rest can now bet on whether he will:
1. Apply for a presidential pardon.
2. Get it.
US special forces soldier arrested after allegedly winning $400k on Maduro raid
321–330 of 816 posts
Re: US special forces soldier arrested after allegedly winning $400k on Maduro raid
#322I 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…
Which is also horrifying if you think about it for more than a second.
"Want something to happen? Bet a lot of money that it won't" goes both ways. "Want to make money and have power over missile systems? Bet, and then make something happen."
Re: US special forces soldier arrested after allegedly winning $400k on Maduro raid
#323That’s hilarious … so he’s arrested and put on trial and all the senate and congress are doing the exact same and free? lol
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.
> but nobody seems to care.
Very few people feel impacted by that. If you consider bombing Iran was going to happen anyway because distractions are needed, the money made by the whale that consistently predicts the movements of the current administration is a relatively small thing compared to starting a war for no good reason.
One possible solution is to make all trades public and traceable to the person who made the decision and the people who benefit from that.
Re: US special forces soldier arrested after allegedly winning $400k on Maduro raid
#324Since 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 4 - Wire Fraud
I almost always see this charge. Seems too strong as law
Re: US special forces soldier arrested after allegedly winning $400k on Maduro raid
#325That’s hilarious … so he’s arrested and put on trial and all the senate and congress are doing the exact same and free? lol
Already known to the classic Roman people:
"Quod licet Iovi, non licet bovi" [1]
[1]: https://de.wikipedia.org/wiki/Quod_licet_Iovi,_non_licet_bov...
Re: US special forces soldier arrested after allegedly winning $400k on Maduro raid
#326Earlier 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…
I think they meant revolutionary as in new and novel
Re: US special forces soldier arrested after allegedly winning $400k on Maduro raid
#327Earlier 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…
> hasn’t risen to a level that warrants revolutionary action.
A certain amount of corruption is normal - as Doctorow pointed out, all complex ecosystems evolve parasites. It's much better to have a democracy with some corruption than a police state that enforces its laws perfectly.
Now, when people realise the current state of their democracy and how it reflects the needs of the people, then they'll start considering bringing out the guillotines.
Re: US special forces soldier arrested after allegedly winning $400k on Maduro raid
#328Since 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 4 - Wire Fraud I almost always see this charge. Seems too strong as law
Wire fraud is simply the crime of committing a crime over wire. It just always doubles the counts and intensifies the punishment. Same goes for Count 5.
Re: US special forces soldier arrested after allegedly winning $400k on Maduro raid
#329It seems like it would be highly demoralizing to US soldiers that they are prosecuted for betting on the outcomes of the battles they are risking their lives for but those insider trading commanding them aren't.
I just couldn't, in good conscience, keep bombing childrens schools under such demoralising conditions. On the flip side: who if not me and my precision guided munitions, will protect America (and freedom) from the clear and present danger of 8 year old iranian girls.
truly so sad how the troops must feel
Re: US special forces soldier arrested after allegedly winning $400k on Maduro raid
#330Wilhoit’s Law
“Conservatism consists of exactly one proposition …There must be in-groups whom the law protects but does not bind, alongside out-groups whom the law binds but does not protect.”
Albeit wrongly attributed. [1]
[1]: https://slate.com/business/2022/06/wilhoits-law-conservative...