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  1. 1 point
    Okay, I get your point. The shorting has turned 10 shares into 11. The extra share disappears when the position is closed. The extra share is artificial and potentially very dangerous to the shorter. He has to buy a real share to cover. --Brant
  2. 1 point
    Exactly. They thought that they had the road cleared, permanent dominion on the horizon. And then Trump was elected. Ellen
  3. 1 point
    More crap from CNN. Crap has become the CNN default so unless it's gone through a crap filter it's crap. --Brant
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  5. 1 point
    Brant, I don't think Rand would have understood meme culture on the Internet. She might have since I don't channel her. My crystal ball broke down a few years ago and I have had a hell of a time getting it to work again. But the real world and the fictional AS world Rand lived in was full of gatekeepers. So her entire perception of human society was one where nobody had roaming freedom--they always had to ask permission if they strayed off permitted roaming paths. At Rand's time, fully free roaming was something that existed in the past, not in the present. But in the world today, because of the Internet, free roaming is making a comeback. The rule of thumb is to sin first, then then ask for forgiveness later, rather than ask first for permission. (This got longer than I intended, so I added some headings to make it easier to read. I could improve the headings and elaborate more on each item, but this is just a post on the Internet... ) The real destroyer That inversion--not any specific ideology--is what has destroyed people in high castles (real and metaphorical). Objectivism as its own avenger against those who do not adhere to an ideological purity baseline only works in a world full of gatekeepers. How can you tell a person he or she is doomed without Objectivism when they carry access to most of mankind's knowledge in their pockets? But that fact doesn't make Objectivism--or any other set of formalized ideals--obsolete. It only makes their spread and adherence different than before. Out in the meme and Internet world, Objectivism really has become an avenging angel against the bad guys, but it now happens in a form totally different than the way Rand promoted her ideas--that is, Objectivism has become a cultural pillar in that independent thinkers take from it what they resonate with and use that part in their own lives. People could do this before the Internet, but that process was culturally insignificant. Back then, they could only get Objectivism from the culture in the slices and slants the gatekeepers portioned out. And man, did power corrupt. Look at the mess the ARI folks did rewriting Rand's own words and history because they wanted to control access. Even Rand herself did her gatekeeping fudges, for one example, when she went through We The Living to take out some of the Nietzsche she no longer agreed with, then said she didn't do that and dared anyone to say she did. How Objectivism is spread and used Today, people basically say, "Who gives a crap?" If one person is acting too authoritarian, people get their information from another. As I said, they take from Objectivism what they can get behind according to their values, not any values handed down from on high. Then they show and comment on what they believe and think, and how that is working for them. Others get to opine and interact. In other words, there is a total cultural saturation of discussion, high-fives, bickering, and so on. We can call this living Objectivism, not just being instructed on it from insiders. Lots and lots and lots of people do it this way all over the world--and that hogs the attention time away from the orthodox gatekeeper folks. After all, each person only has 24 hours each day. And here's a corollary social reality for ya', people prefer to talk to those they know rather than gatekeepers. What's more, in this way, Objectivism has become far more powerful politically and culturally than it ever was in the pure state controlled by insiders. That means it is decentralized no matter how much gatekeepers and gatekeeper wannabes howl. Unless humankind destroys the Internet, gatekeepers are never coming back as the main model of packaging and spreading ideas. Not even the tech giants are able to keep political agenda censorship alive, and, man, are they trying. Purity If anyone wants pure Rand the way she wrote it and said it, they can get that. If they want to belong to an insider group around Objectivism, they can get that, too. And if they want to check Rand's own premises or apply her thinking in ways she never imagined, and do it all publicly, they can get that all over the place. They can get Objectivism in any form they wish. Their minds are their own so they get to choose, not have gatekeepers choose for them. That doesn't mean Rand and her more ortho disciples do not have any control. They can control the fact and form of their notion of the pure version of Objectivism. They just no longer control other individuals by doing that. All they have in order to enforce their form is their own little in-group. They can keep the independents out. Big deal. So what? The only thing that accomplishes out in reality is it makes them feel good. Humankind in general doesn't care and doesn't want in. As for the rest, these ortho insiders have to persuade--and persuade on a public platform in competition with a whole lot of different individual takes on Objectivism. There's no way to shut other folks down anymore. They lost control of what they should have never controlled in the first place. Also, so long as there is an Internet, there will be memes and other communication forms to wreak havoc on control freaks, authoritarians and even copyright laws. (I'm not against copyright laws, I'm for them. But I don't like it when they are used as weapons for mind control.) Freedom There's another word for all this. Freedom. Objectivism, which includes freedom in it's set of ideals and principles, now has to exist in a world that is much more free than when Rand created her works. In other words, Objectivism now has to co-exist with freedom in reality, not just in the preaching of it. That means Objectivism will live or die on its merits, and that means, on the value it provides to individuals, not on the protection and enticements of gatekeepers. Insiders will never admit it, but they fear such freedom will kill Objectivism. I don't. I see Objectivism alive and well and growing--inside the minds and lives of individuals of all kinds of different persuasions. It's not growing much inside authoritarian structures (which are becoming more irrelevant each day), but it's going gangbusters inside the individuals out in the real world. For an easy example that is well-known, even the now-leftie Silicon Valley upended everything humans knew, and many of the prime movers did it fueled by Objectivism. In that form, I say, "Long live Objectivism!" It will, too. Live long... Michael
  6. 1 point
    A stock is an asset. --Brant
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    Tony, I, for one, do not feel any disillusionment, frustrated or otherwise, for not being able to influence politics and voters based on ideas I gleaned from Objectivism. I (we) helped elect Donald Trump to the presidency and he embodies the essence of a man who rationally deals with reality to produce top quality products and has stamped his name on the entire world--all before he was president. He did it without war-profiteering, too. That's about as Randian as it gets. Rather than feel frustrated, I feel proud. Just look what he is doing for (and with) America. Rand has her hand in this. And so do I. And so do you. Wear it with pride. You deserve it. Michael
  8. 1 point
    Nice rant, Wolfo, but there is no federal debt. All that "debt" is in spent dollars which are from a sovereign (fiat) currency. If your trillion buck T-bill has matured the US Treasury will give you another--roll it over--or credit your account with a trillion dollars. Just-by-pushing-a-button. Because of inflation you don't preserve wealth in any fiat currency but in assets. --Branto
  9. 1 point
    Oooh, 'folks like yourself who see only' blah. This is gibberish to me, Adam. You have no argument, just apparent prejudice. I would ask you to flesh out your gibberish, but I don't think you can. I don't think you can connect your brief angry meta-analysis to facts. Such is bigotry and ignorance and pretension to knowledge. That you cannot seem to understand the horrors of war in Syria that have led to the 'hordes' leaving, there is no rational fruit to discussion with you. As if some unknown-to-you actor has whipped up an invasion. Pitiful prejudice and irrationality to my eyes. This is no good, Tony. You seem uninterested in challenges to the propaganda of the video. So be it. I shouldn't bother with trying to reason along with you as long as you ignore the import of my previous remarks entirely. As you seem to assume "both rates [will] remain steady" in succeeding generations, I can't get purchase on shared cognitive ground ... But, maybe this is the crux: you do not know how many children a second-generation French Muslim woman will have. You haven't tried to research this question, instead falling back on 'surmises.' That may indicate something important about the way you think on this issue -- in terms of Them, of collectives, of innate Muslim fecundity, a fecundity that cannot be and is not influenced by the societies in which they make their homes. What other facts need? You haven't given any facts. I am wondering if I should file you with Jerry as supporting "They are breeding like flies" and believing the ugly alarmism of ISLAM TAKING OVER EUROPE ! This thread should have been lodged in the Garbage Pile, in my opinion. Ignorance, prejudice and bigotry are not what I associate with Objectivist Living.
  10. 1 point
    Those guys are crookeder than a dog's hind leg and lower than a snake's belly and they deserve a kick in the ass so hard that they gotta clear their throat to fart. From: http://www.theunderg...ter-dictionary/ --- begin quote --- The Official Bankster Dictionary In the underground world of banking, doing wrong means doing right, up is down, and left is right. I happened to stumble upon a secret version of the Bankster’s Dictionary the other day when I was visiting a bank. I’ve posted some of the terms below that were contained in the Bankster’s Dictionary to help you understand bankster language. US Federal Reserve = European controlled private bank. Central Bank = Counterfeiting Ring Leader Criminal Underworld Currency Counterfeiters = Competitors that must be arrested and jailed. Savings Account = Devaluation Account, Cash Advance for Gambling Division Gambling = Banking Primary Business Line Fraud = Banking Secondary Business Line Las Vegas, Macau, Atlantic City = Model for running business operations. Inflation = Currency Devaluation through anti-free market manipulation of interest rates. Fractional Reserve System = Fractional Expansion Citizen Bankruptcy System, BSE (Biggest Scam Ever) Futures Markets = Manipulation Casino, SkyNet Three-Card Monte Scam Pablo Escobar, Joaquín ‘El Chapo’ Guzmán, The Ochoa Hermanos, Yakuza = Cash Cows El Subcomandante Marcos aka Delegado Zero = Anti-poverty activist that must be wacked and shut up Independent Media = Terrorist Mass Media = Allies Allen Stanford, Bernie Madoff = Occasional Patsies and Necessary Fall Guys to appease the public’s ire at us. Stock Markets = Manipulation Casino, SkyNet Three-Card Monte Scam Commercial Investment Firm Rating of “Buy” and Hold” = Contrarian Indicator to SELL! Commercial Investment Firm Rating of “Sell” = Contrarian Indicator to “BUY!” Barbarous Relic = USD, Euro, Yen Beta = Empty Statistic meant to impress naïve investors Loan = Usury USD, Euro, Yen, etc. = Fantasy Digital Idea made real by banksters to control humanity Women’s Liberation Movement = Expansion of Tax Base from only men to men AND women Income Taxes = Wealth Transfer from citizens to owners of central banks. Gold = Bankster Kryptonite Silver = Bankster Kryptonite Truth = Banker Kyrptonite Lies & Deception = Bankster Standard M.O. Free Markets = Fairytale story like Santa Claus, Easter Bunny and Tooth Fairy to be taught in business schools worldwide. Drug Lords and Underground Crime Syndicates = Provider of global banking liquidity and huge year-end bonuses Parasite = Favorite insect Capitalism = Dead system that was killed by Central Banking but false scapegoat we can blame when we cause economic crashes and despair Miscellaneous Charges = Small Monthly Charges to siphon off money from bank accounts that customers will never notice or complain about Computer = Vehicle to rig all stock markets and commodity markets with HFT programs that execute trades not possible if executed by humans and if executed in a clear and transparent market. Boom = Unsustainable price distortions caused by interest-rate manipulation and market rigging. Bust = Opportunity to make money twice as quickly as in a boom! Market Crash = Engineered event to ensure the peasants will never accumulate enough wealth to rebel against us. Rising Markets on Mondays or Tuesdays into OpEx Fridays: Ruse to sucker more people to go long in order to fleece them by the time Friday arrives. Declining Markets on Mondays or Tuesdays into OpEx Fridays: Ruse to sucker more people to go short in order to fleece them by the time Friday arrives. Presidents and PMs = Best puppet and marionette allies to be rewarded handsomely after they leave office (see Tony Blair and the current POTUS) Superior Judges, SCOTUS = Made Men War = Double Bonus! Opportunity to devalue money at faster rate than during peace time and opportunity to accumulate more wealth from interest charged on war appropriations. Universities, Colleges and MBA programs = Re-education camps to indoctrinate students into fairytales of non-existent free markets, non-existent capitalism, and lies about how stock markets, real estate markets and economic cycles really work. Economic Journals and University Tenure = Carrot dangled in front of economic professors to ensure that they repeat to the world the “official” party line. Key Economic Indicators = False manipulated statistics designed to dumb down citizens into believing economy is recovering even as we increase their economic suffering Ben Bernarnke = Shakespearean clown. Conspiracy = Best Word to Discredit Truth about the global monetary system when the truth somehow escapes our censorship algorithms and makes it to the mainstream media we control. Machiavelli = Role Model Ivy League Schools = Indoctrination Camps for media representatives and professors we will send to brainwash other global regions into believing our propaganda CNBC = The Cartoon Network. Goldman Sachs = Rookie Farm Camp for global criminal banking syndicate. World Bank & IMF = Banks used by Western countries to impose crushing debt on developing nations to stunt their growth. Bailout = Transfer of Wealth from citizens to us. TBTF = Lie used to ensure we can perpetuate fraud. Quantitative Easing = Currency Devaluation. Fiat Currency = Worst Possible Idea Propaganda = Daily Financial News Feed Compartamentalization = Process to keep good people working as cogs in the machine within the banking industry ignorant of the fact that they are inflicting massive harm upon society. If others of you have had the good fortune to stumble across this secret Bankster Dictionary like me, please feel free to post more Bankster glossary terms below. --- end quote ---