At 9.50pm AEDT yesterday, there was a sudden spike in trading on the oil and S&P 500 futures market.
6.50am New York time is an unusual time for a rush on trades on West Texas Intermediate May futures.
But it showed that all of a sudden, a substantial sum of money was bet on oil prices dropping and the stock market rising.
The stock market is such a goddamn pyramid scheme. The only reason it hasn’t full on collapsed is because the people running the scam get bailed by US tax payers every time it breaks. Nevermind that they tricked us into tying our retirements into the continuous survival of this casino in a trench coat.
Yes, we fucking know.
Most corrupt administration ever
And it’s not even fucking close. The gall of it.
The most blatantly corrupt. They literally do not care if their corruption is on full display to the world.
I think they actually revel in it. Like, “look what we can get away with and you’re not going to do shit about it”
They seem like exactly the kind of evil that has to push the bounds of human depravity just to prove to themselves how privileged and powerful they truly are.
Like with those Epstein files we aren’t talking about as much since we’re waiting to see if this is WW3 – you have a variety of powerful people who are probably not pedophiles in the mental illness sense, but they fuck teenagers because it’s a combination of forbidden fruit and domination/control and half a dozen other things that stimulate their dark triad brains.
Because they know the American people won’t stop them.
iran seem smart they seen trump say the same lies with ukrane then russia would attack ukrane hard. like who side is trump on.
“Traders”… oh that’s strange, they misspelled traitors
Those two words sound the same in many American accents, right?
Very similar, yes
Did you say “bets”? Wait nevermind, if you know the outcome it’s not a bet.
It’s really remarkable how blatantly corrupt a government can be. Well, not really, because it’s just the logical consequence of the fact that even the most serious crimes go unpunished in the U.S.
What’s almost funny is that so many U.S. citizens still insist they live in a country governed by the rule of law. I have no idea how they can still believe that, given what happens there every single day.
But then it’s not funny anymore, because the consequences for the whole world are so dire.
We now live in a country of Contract Law. If you manage to get someone to sign a contract and fuck them over then you are golden within the US court system. If you want justice or a fair settlement against a corporation … that is like a legal unicorn when it happens.
Only the most serious crimes go unpunished. The little people get abused, killed, or just disappeared for doing things like protecting each other.
I have been saying for months the laws are dead. The social contract has been incinerated. Our nation is dead, irrecoverable.
Never say never. In 1986, it was utterly unthinkable that the dictator of my country (Romania) would ever be overthrown. 3 years later, he fails a mad scramble to get out of the country and ends up being executed.
Might not be visible now, might not be for years, but there’s always possibility.
If that were to happen, the laws that govern this nation would need rewritten entirely. The regulations that govern business need rewritten. The foundations of our social contract must be renegotiated.
I don’t want to live in a nation populated by Nazis or their supporters. If there is no punishment for them, the nation remains dead permanently. Nazi Germany did not go far enough in punishing the perpetrators. Japan did not go far enough in punishing the perpetrators.
I don’t think it is safe for society to allow them to simply duck their heads and be folded back in. These are dangerous, selfish, hateful people who will do everything in their power to undermine society and to teach their children to do so after them for decades after this.
Everything happening now is directly trackable to the civil war and the sabotaged/failed reconstruction that allowed hatred, racism and resentment to fester. It was never dealt with in government, in fact, the government often encouraged it.
I do not want to repeat history. I want a society of people who want to be a part of that society. Not forced into it by exploitation and coercion. I don’t want society to be more akin to a back alley mugging where most of us are unable to leave, despite desperately wanting to.
I fully agree with your goals (last paragraph). Literally all I was disagreeing with was the finality of it, that your country is permanently wrecked. It is currently wrecked, but nothing is fully permanent, and with enough time (talking a decade at an absolute minimum, more likely multiple decades) and people commiting real effort, this is fixable.
We have different meanings of the word country, is all
The United States is dead. The people where it once stood could make a good society again, it will just not be anything like the one before.
Rump is quite old and has health problems, he can’t have many years left. Meanwhile this has all the appearance of a personality cult, with no obvious successors: we can’t afford hope it all falls apart and we can begin to recover
American culture created Trump.
When he’s gone, the rot will remain until your Nazis are sufficiently afraid or sufficiently dead.
I have no idea how they can still believe that, given what happens there every single day.
They don’t know. The sort of info they get either leaves out such things or twists them in a way that makes MAGA look good.
And if something still gets through it can be dismissed as “probably fake, created by haters”.
But all this is - well, I’d be too optimistic if I said “crumbling”, but it’s becoming so transparent here and there that even (some of) those propaganda-fed thought-resistant fools can see it.
Outright unashamed corruption.
And it has gotta be pretty obvious which trades are likely insider trading. So SEC could likely trivially prosecute them - and I assume it is blatantly illegal.
But I assume that Trump has also corrupted the SEC.
You are correct. Under the latest Trump administration the SEC has been focused on deregulation.
The Biden administration had already been allowing p2p crypto under the Howey test. So literally everything Trump has deregulated is scams and insider trading.
Every single one of those trades is, by law, tied to a name, US address, and Tax ID Number, and tracked on a massive system called CAT/CAIS.
The SEC absolutely has that info.
Trump was invited on a news program many years ago to be the pro corruption side of a debate. And did not disappoint. He doesn’t hide who he is I suppose.
Yeah but these days they’re just doing full mask-off extra-corrupt just-pay-me-bitch corruption.
Like paying $1bn to the “board of peace” of which Trump is the supreme chairperson eternal ?
I bet that group is working hard around the clock on the Iran problem …
Right ?
… right ?
Yeah, I mean it’s in the name. When things aren’t peaceful this dynamic team of diplomatic masterminds goes to work.
It’s one thing for someone inside to profit off their insider knowledge.
It’s a whole 'nother level of evil to make announcements and decisions based on the profits you can make.I would say it’s an extremely blurred line, not a clear difference.
From the perspective of citizens entrusting elected leaders with massive powers they should be considered identical.
They are using war, killing and injuring countless innocent people, just to steer their investments. It’s Market Manipulation at it’s most global, most evil level, with billions of dollars being manufactured out of thin air when a bet was won. The money wasn’t earned. It didn’t come from selling a product. It was phantom money created out of thin air when a bet was won.
It’s almost as if all the lives, and limbs, and property of all the people who have been bombed have been transmutated by MAGA alchemists into profits.
it’s almost as if global markets should see the US markets as rogue and cut off their value. treating all US stocks as void.
would solve the problem overnight.
That would create a much larger problem.
When we get a Democratic government back, and they sue trump for all the insider trading and stock market manipulation he has done, they need to take all the money he gained as the fine. Plus jail time.
I just checked and civil statute of limitations is five years. Criminal six. There’s hope at least, even if I’m similarly cynical.
I really hope there are people left keeping track of these things, is the only thing. By noon there will be something else awful, by design, that makes us all forget about this.
Zero chance of happening. I’d love to be proven wrong, though.
I’m so tired of not being wrong.
Yeah sometimes I wish I never learned about history and political science
I’ll take all the Trump family and ass-kissers with jail time and loss of the money they looted
hey how does it usually go for Fiat currencies based entirely upon the whims of a dying despot
is that a sell
I hope you weren’t holding fiat currency to appreciate!
I wish I had business acumen like they do.
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I appreciate the sentiment, but fuck off with the AI garbage
Here’s my own human-made attempt.
So much better
That’s a million times better than that abomination above.
😅
Fuck ai. It took an absurd amount of water and electricity to make that generic looking shit.
😚
What’s wrong? Chat gpt didn’t have a more clever retort for ya? Better go burn down a rainforest to check.
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Man chat gpt nailed this burn /s
Jackass
😘
On behalf of pigs, no thanks. Trump is a disgusting human, not a pig.
Also, this pig looks way too healthy.
