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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

#511

Post by Aunche »

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…

MAGA propaganda is so effective that it got those who never believed in the economic utility of the stock market to begin with to call for revolution to preserve the integrity of the market.

The cost of insider trading mostly get passed to the rich. The reason why insider trading is illegal isn't that it's particularly morally wrong as much as it disincentivizes participation in the markets.

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

#512

Post by maerF0x0 »

int32_64 wrote: post #67

It 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 get your point, but at least he wasn't betting against it and his team!

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

#513

Post by cucumber3732842 »

simonh wrote: post #424
argomo wrote: post #392

Earlier quoted context omitted.

A military coup in the U.S. is imaginable, which probably explains some of the top brass purges (until recently, where it's probably an attempt to deflect blame for the massive Iran fuck up). Putin did it better; he kept the military weak and aggressively managed the risk via the FSB.

I don't think it's plausible, but an authoritarian president invoking emergency powers and deploying military and paramilitary forces to exert control on the streets is, on the basis it's already going on at a limited scale. All it takes is for that scale to gradually dial up over time until the frog's cooked. The problem you have is these elected kings. Not just any king, pretty specifically the majority of the powe…

>The problem you have is these elected kings. Not just any king, pretty specifically the majority of the powers enjoyed by George III in the 1790s. The fact that you still have this, unreformed over 200 years later and still think that somehow your constitutional system is modern, is a matter for despair. Get yourselves a proper parliamentary system, with maybe a head of state as a figurehead.

What a poorly thought out and questionably motivated take. It will no doubt be well received here.

In any case, reconstructing out legislature to copy european stuff isn't gonna change anything if the legislature still sees fit to vest so much power in the executive.

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

#514

Post by mwigdahl »

simonh wrote: post #424
argomo wrote: post #392

Earlier quoted context omitted.

A military coup in the U.S. is imaginable, which probably explains some of the top brass purges (until recently, where it's probably an attempt to deflect blame for the massive Iran fuck up). Putin did it better; he kept the military weak and aggressively managed the risk via the FSB.

I don't think it's plausible, but an authoritarian president invoking emergency powers and deploying military and paramilitary forces to exert control on the streets is, on the basis it's already going on at a limited scale. All it takes is for that scale to gradually dial up over time until the frog's cooked. The problem you have is these elected kings. Not just any king, pretty specifically the majority of the powe…

Your main point is valid, but I'd argue it's less the power of the President and more the two-party system and the weakness of Congress that is the root of many American governance problems. Executive power has grown in the vacuum of Congressional impotence.

As far as reforms, we need more to be sure, but there's at least the 22nd Amendment, formalizing the two-term tradition that Washington initiated and FDR abrogated into a hard limit, that means Trump can't legally keep power past 2028.

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

#515

Post by rithdmc »

Pay08 wrote: post #503
rithdmc wrote: post #388

Earlier quoted context omitted.

Why do people assume revolutionary action must be violent? Emmeline Pankhurst will want to have words with them.

Have you seen people?

> You really need to read up on your history.

https://news.ycombinator.com/item?id=47888542

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

#517

Post by akmiller »

ghtbircshotbe wrote: post #437

Many people here are talking about how more powerful people are also corrupt and are getting away with it. All corruption is bad. This soldier put the life of everyone on the mission in danger by doing this.

The issue is that the people enforcing this have made a huge amount of money doing the same thing, but with a full on war!

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

#518

Post by FpUser »

_alternator_ wrote: post #492
regularization wrote: post #488

Corruption means something legitimate is happening that can be corrupted. Maduro was president of a sovereign country. A bunch of kidnappers and murderers invaded the building he was in in Caracas, murdered everyone in the room, then kidnapped him and his wife. What's the "mission"? To pop up in some room and slaughter everyone in it, then kidnap his wife and him? In order to help steal the resources, billions of dol…

I get this sentiment, but I'll just make the classic "two wrongs don't make a right" rebuttal.

Problem is that only one kind of wrongs being chased. It is systemic and erodes trust

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

#519

Post by CGMthrowaway »

ghtbircshotbe wrote: post #437

Many people here are talking about how more powerful people are also corrupt and are getting away with it. All corruption is bad. This soldier put the life of everyone on the mission in danger by doing this.

They didn't make the bet until after the raid - but before the announcement. Surely they endangered people, perhaps more and different people than simply those on the mission

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

#520

Post by mpalczewski »

regularization wrote: post #488

Corruption means something legitimate is happening that can be corrupted. Maduro was president of a sovereign country. A bunch of kidnappers and murderers invaded the building he was in in Caracas, murdered everyone in the room, then kidnapped him and his wife. What's the "mission"? To pop up in some room and slaughter everyone in it, then kidnap his wife and him? In order to help steal the resources, billions of dol…

> Maduro was president of a sovereign country.

It's funny how we accept the importance given to that statement. when he's just some dude who took control of a country and gave himself that title. As if the social construction means anything in this situation.

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