Death Penalty For Financial Crimes (0) by ___HELL___

4:59 CET

sort of breaking news to me at least, didnt know they did that in China

jonesy filter wrong

Death Penalty For Financial Crimes (7*/7) by ___HELL___

ye i noticed xD

my previous roommate was a chinese economist doing his phd; apparently it's the most noble profession over there. he knew all kinds of things (heidegger, for one), and was probably the most 1337. x)

considering that they take business very seriously, and considering the "party" mentality etc, it's probably a kind of treason over there x)

maybe!

heidegger was a philosopher not an economist ...

that's why i was impressed, he knew the stuff i was learning in philosophy as well as whatever the hell i didn't understand in economy

hey you're the guy who gave me the philosophy book, you know i know this! xD

hehe, yeah I know :-)
btw, I read your journal, congrats to your bachelor in philosophy.
I see you commenced playing the piano, what a coincidence, I began playing the piano too, about 8 months ago I started, it is a lot of fun, I can already play small pieces from bach and mozart, my aim is to play the moonlight sonata one day.
Anyway, good luck in your new studys in physics!

Physics is the last place I'd recommend a philosopher (CPL) to turn lest he wants to destroy any remaining realism/sanity he has left (if any).

Philosophy probably took the last bits of sanity from him I guess,
so physics can't harm him anymore in this regard :-)

piano lessons at its best: http://www.youtube.com/watch?v=z3zYg2M0qxE

And a Nazi, as well.

jonesy alert didn't go off, don't know why.

probably title too long.

Also maybe because journal posts display the first lines of the post, so you at least subconsciously noticed the "jonesy filter wrong"

Unless in Forum view of course in which case: Kudos, your jonsey detector seems to be perfectly calibrated

not sure if you are being sarcastic, but journals have the poster right next to them in the "latest threads" list. it's what I was trying to get at with "title too long".

wow. i cant even imagine what they would do to blankfein or geithner

I never stop /facepalming to people who get frauded in investment hoaxes like these.

If the best in the world, like George Soros, can get at tops 10% annual profit, you don't think an alarm bell would start ringing when someone nobody's ever heard of promises profits of 100-300%.

Yeah, lol@UK

problem is in the current state of affairs, the 300% profits can be achieved, but only by the select few, at the expense of us all. let government backstop you and corner the market on everything, sweet deal

does this apply also to admins here when they don't wanna refund the bets?

nope, we use the other part of the Chinese judicial system.
The one for people who ask too many question or have the wrong opinions ;<

racist scum.

you're gonna get planed.

or something

Step 1: Find a healthy, competitive industry that is delivering good value for a fair price. This is called a "Growth Opportunity," or an "Undermonetized Industry."

Step 2: Spend $1B to buy most of the competitors. This is called an "Industry Roll-up" or "Industry Consolidation."

Step 3: Fire nearly everyone and raise prices to generate mega-profits for a few years. This is called "Finding Efficiencies" and "Synergistic Growth."

Step 4: Once you get your $1B back and then some, sell the carcass and repeat in a new industry. This is called, "Exploring Adjacent Markets" and "Finding New Growth Horizons."

http://www.dailykos.com/storyonly/2009/12/20/...iness-Book

Or not.

well, that probably isnt prohibited by any law. sure isnt right though in a sense of competition, and should be regulated

we have a lot of flaws in our financial system. there are regulations on normal citizens, on the rich, but not the super rich. there are some individuals or corporations so wealthy that they make up a good portion of the financial system, thus also influencing it to their advantage

now we could

a) create an avalanche of new laws and regulations on practices of these kinds
b) do nothing
c) go the probably hardest way and start to think if this isnt perhaps related to fiat money via the central banking system, fractional reserve banking, and all the other crazy financial instruments and practices that make frauds like this possible in the first place by enabling said individuals to use capital of those dimensions. noone can tell me that this kind of fraud could have happened on a gold standard. also one has to take a closer look at regulatory agencies like the SEC and CFTC which stand idly by while markets are manipulated in broad daylight and monopoly laws are basically broken everywhere


anyway, our world today couldnt be more orwellian

- we must fight a continuous war to achieve peace
- let's give the nobel peace prize to someone who currently conducts the biggest war on the planet
- we must take on more debt to get us out of a financial crisis caused by too much debt
- the more we spy on you and restrict your freedoms the more likely it is you are terrorists
- co² (which is one of THE vital parts for plant and animal/human life) is bad for the planet
- we are the forefront against co² and we just produced 41000t of co² (the annual co² output of morocco) in the 3, 4 days we met in copenhagen

i think if only 50 years ago you'd tell a normal citizen the things that are going on today, and tell him it's commonly accepted, he'd never believe you. but in 50 years of slow, incremental changes in that direction, we have now accepted this kind of sick behavior and are willing to let it continue, and worsen