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Trump pardons convicted Binance founder

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Re: Trump pardons convicted Binance founder

#981

Post by herbst »

tb_technical wrote: post #941
deaux wrote: post #886

Earlier quoted context omitted.

It already no longer is.

Depends on your metrics of "dominant country" tbh. In terms of GDP the US is leading. In terms of purchasing power parity China is leading. In terms of military prowess the US is superior, if you believe their advertised weapons capabilities. That being said, if we believed what countries said about their own weapons, then Russia has a number of world ending superweapons - clearly they're the leader here /s. If you b…

The dollar is going down and down, even if it is a reserve currency it's not used like that anymore right now. Change your POV the situation is horrible

Re: Trump pardons convicted Binance founder

#982

Post by nickserv »

jazzyjackson wrote: post #972
tb_technical wrote: post #941

Earlier quoted context omitted.

Depends on your metrics of "dominant country" tbh. In terms of GDP the US is leading. In terms of purchasing power parity China is leading. In terms of military prowess the US is superior, if you believe their advertised weapons capabilities. That being said, if we believed what countries said about their own weapons, then Russia has a number of world ending superweapons - clearly they're the leader here /s. If you b…

> The dollar is still the primary reserve currency (for now) It really worries me that the US president is heavily invested in crypto schemes, since he and his family would benefit with the crash of the dollar. It is the conflict of interest to end all conflicts of interest

The idea I believe is to make a USD-pegged crypto the new reserve currency.

Re: Trump pardons convicted Binance founder

#983

Post by AtlasBarfed »

courseofaction wrote: post #953
tb_technical wrote: post #941

Earlier quoted context omitted.

Depends on your metrics of "dominant country" tbh. In terms of GDP the US is leading. In terms of purchasing power parity China is leading. In terms of military prowess the US is superior, if you believe their advertised weapons capabilities. That being said, if we believed what countries said about their own weapons, then Russia has a number of world ending superweapons - clearly they're the leader here /s. If you b…

America has very little manufacturing capacity, has lost its edge in batteries and power generation, and is soon to be behind on computing. They're politically fractured, losing all their allies, and no longer have a sustainable military advantage. If they decide to flex their aging muscles against China, they will be outproduced, and can't win in a single decisive blow unless they want to initiate a surprise full nu…

China doesn't have the resources to win a war.

The Malacca straits are to easily blockaded. China needs food imports and energy imports no matter how much alternative energy they build.

No, you can't truck or train it in over land.

They are still facing a massive demographic bomb. They're becoming increasingly authoritarian, which will begin to restrict their production efficiency. They may have a financial bomb as well.

Don't make the mistake that you think that India and Russia are going to be close allies of China.

Russia has extensive territories that China considers theirs historically. Likewise, India and China dispute many territorial issues.

Re: Trump pardons convicted Binance founder

#985

Post by opello »

hiddencost wrote: post #769
opello wrote: post #759

Earlier quoted context omitted.

Is there a place for a logical counter-point in there not having been charges against people responsible for the 2008 financial crisis? It seems like a selective enforcement of rules or consequences in both situations to me.

They should be charged too. Every conviction for financial crimes is an incredibly hard fought victory, because this country runs on fraud. Your argument is why we should treasure CZs conviction and seek many many many more like it.

This was part of my point and a nuance I appreciate as well, and that the pardon resonates for me with the apparent lack of charges for those responsible for the financial crisis.

Re: Trump pardons convicted Binance founder

#986

Post by opello »

lawn wrote: post #829
opello wrote: post #759

Earlier quoted context omitted.

Is there a place for a logical counter-point in there not having been charges against people responsible for the 2008 financial crisis? It seems like a selective enforcement of rules or consequences in both situations to me.

The right thing to do is to prosecute the responsible for 2008, not to pardon people responsible for other crimes...

Yes, exactly, and yet I don't think there has been much in the way of charges brought against those responsible for fraudulently rating the securities.

Re: Trump pardons convicted Binance founder

#987

Post by opello »

yihtserns wrote: post #881
opello wrote: post #759

Earlier quoted context omitted.

Is there a place for a logical counter-point in there not having been charges against people responsible for the 2008 financial crisis? It seems like a selective enforcement of rules or consequences in both situations to me.

Those people responsible for the 2008 financial crisis yet not charged, they should be charged with breaking what law?

Some form of fraud for misrepresenting the risk that the mortgages that were bundled together, seems like the obvious answer. But I'm not a forensic accountant or someone with the nuanced legal understanding to define a charge here. Do you think there was no crime in the actions taken by either the banks or the rating agencies? No failure of fiduciary responsibility?

Re: Trump pardons convicted Binance founder

#988

Post by opello »

hackyhacky wrote: post #766
opello wrote: post #759

Earlier quoted context omitted.

Is there a place for a logical counter-point in there not having been charges against people responsible for the 2008 financial crisis? It seems like a selective enforcement of rules or consequences in both situations to me.

Your argument is a non sequitur. You are saying in essence: "Someone, somewhere, under totally different circumstances was not prosecuted. Therefore, this particular prosecution is selective prosecution, and therefore inappropriate." By that logic, we should just stop prosecuting crimes altogether, on the logic that we are unable to prosecute all crimes consistently.

There wasn't an argument per se, but an attempt to point out a possibly, similarly politically-influenced miscarriage of justice.

It may be a non sequitur to suggest that the pardon of one convicted financial criminal is similar to the lack of convictions in another likely financial crime context, but it seemed germane and parallel to me.

Re: Trump pardons convicted Binance founder

#989

Post by replwoacause »

jazzyjackson wrote: post #972
tb_technical wrote: post #941

Earlier quoted context omitted.

Depends on your metrics of "dominant country" tbh. In terms of GDP the US is leading. In terms of purchasing power parity China is leading. In terms of military prowess the US is superior, if you believe their advertised weapons capabilities. That being said, if we believed what countries said about their own weapons, then Russia has a number of world ending superweapons - clearly they're the leader here /s. If you b…

> The dollar is still the primary reserve currency (for now) It really worries me that the US president is heavily invested in crypto schemes, since he and his family would benefit with the crash of the dollar. It is the conflict of interest to end all conflicts of interest

It worries me that the president is a malignant narcissist conman who lies pathologically and has replaced morality with loyalty in the US government.

Re: Trump pardons convicted Binance founder

#990

Post by user205738 »

Yizahi wrote: post #904
actionfromafar wrote: post #563

Earlier quoted context omitted.

The way this is going, the President won’t need using any pardon powers, because the judges will all ask the President what the judgement should be in advance. And the prosecutors will ask who to prosecute. Finally only fair justice!

This is by the way literally word for word official statements of the ruzzian officials. The conviction rates in ruzzian courts are above 99% every year and the official explanation is that the prosecutors and police are so amazing and great, that only real criminals make it to the court. :)

in principle, this is true, if the case does not have a reliable basis, then it will not go to court. If we take this into account, then the magic numbers of 99% will disappear.

These are not only criminal cases, but also administrative and civil law relations.

in principle, there was no need to discuss this at all, usually those who do not understand the legal system and who have never been to court, cry about 99%.

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