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Dilbert Explains HFT
h/t @RameshnSwamy
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I still love the Dilbert comic strip. He pegs it every time.
Brilliant!
Brilliant!
And Dogbert is the persona of "Unvarnished Truth".
No doubt, best comic since Leeman.
Scott Adams finding a second wind.
everytime i eat fiber, i get the diarrhea!!
Makes it hard to be teh ghey, huh?
Try a few cups of coffee and then wash that down with a little corn chowder.
That was a lot of words to explain HFT. Allow me to concisely explain it: theft.
tHeFT
Nah, man, its simpler than that even. I offer to buy something from you at price X. A millisecond later I change my mind. One millisecond after that I never wanted to buy it in the first place.
And to think 'Indian giving' acquired a negative connotation. I can only imagine how HFT will be viewed in due time.
That's raycisss!
"Indian Giving" is misunderstood. A gift was given with the expectation of some future implied behavior between the two parties. When the receiving party violated those terms, the gift was recalled. It is a contract of sorts, and the receiver broke the terms. Kind of a metaphor for Indian treaties in general, world wide. We have all been programmed.
If it requires reciprocation it isn't a gift.
WHAT? THEFT? No way - Holder and the Department of Justice just disovered the guy in England that was manipulating the markets from his bedroom in his parents' house. He caused the "flash crash", you know.
Everything was fine and honest with the markets until that guy started messing with them.
Now, drink your Kool-Aid and go back to watching TV.
sHaFT
Magic beans for everyone......
succinct!
HFT ( a vehicle to mask Insider trading )
we need MOAR muppets!
Automated stock jobbing.
HFT is easy to compute. Note the ASK price the second your market order goes in and the difference is the payment that HFT collects when your order is filled. Note I trade positions with only limit orders…
One of the most important books I have ever read involves the great German hyperinflation of 1922/23. It is titled, The Great Inflation," and is by William Guttmann.
In it one can be exposed to how the printing of fiat not only raises prices, but destroys a society at all levels. One can also learn that the lies the thieves tell are the same as today.
A quote related to speculation during the German hyperinflation, one of many, is this:
"Many enterprises had passed into the control of speculators, experts in manipulating stocks, shares and money rather than in running a factory. And even skilled managers were corrupted by the ease of making a speculative profit." p.196
Sound familiar?!
It goes on to discuss how even maids and servants would speculate, but only for a a couple of hours, as the markets were too risky to "bet" for longer. HFT by all.
Liberty is a demand. tyranny is submission.
Guillotines: "A cut of a bankster in time saves nine; Americans."
To a different degree supporting housing bubbles in all the ways of 2005 also raises prices and destroys a society at all levels too.
-
- Housing Inflation
- Property Tax Inflation
- Home Insurance Inflation
- Banking Fees Inflation
- Loss of nearly Risk Free CD Interest or Savings Account Interest
I've started drinking, but will think more on your words above.
Late Edit: Yeah, your Quote nails the current USA!!
"Many enterprises had passed into the control of speculators,..."
Asymmetric War on entities who have bonds or stocks on Wall Street or other Exchanges... and against you if YOU HAVE DEBT(You become a living Profit Center).
Books are written about historic market crashes, market manipulations, and economic disasters. The authors seek to expose wrong-doings and wrong-doers. But those who want to get rich quick use these books as "how to" manuals, not as statements of what not to do.
Guillotines: "A cut of a bankster in time saves nine; Americans."
LOL - that WILL be stolen!
The U.S. is the most corrupt country on the face of the earth.
Oh, how far we have fallen!
Sad days for Amerika.
With respect, but a nation and country are not the same thing.
A nation is the government over a country, and a country is a people and the land they inhabit.
The US (DC US) is the criminal, Unconstitutional, and Zionist controlled nation that is occupying the American country and oppressing the American people. Of course, their crimes against the American people are in addition to their murdering and plundering of wast parts of the world for wealth and profits for Zion.
To better differentiate the two, the American country, and the DC US nation, one could do worse than watching the videos of the standoff at the Bundy Ranch. Waco, 1993. Ruby Ridge.
Liberty is a demand. Tyranny is submission.
I think you're splitting hairs. Both a Nation and a Country are made up of the same thing: People.
And people are as free or enslaved as they choose to be -- at the personal and collective level.
A People deserve their leaders and their fate, for Democracy is not for the Dumb, Lazy, Uninformed, Scared or Disorganized. They are allowed and encouraged to be these things in a totalitarian regime, where its rulers are Informed (if not always intelligent), Organized, Ruthless and Relentless. IOW... they embody the very attributes we (supposedly) admire or look for in an American executive.
None of us really know Democracy beyond local, county government.
We have a Military Republic at the National Level. And only a few really want a Democracy at the National Level. Maybe I would try it by holding up a simplified and streamlined Federal Government Structure without an IRS, without a HUD, without a Department of Education, without International Assistance Program give-aways, get rid of the CIA, NSA, DHS & State Department. Flat Tax or Fair tax. Standardized Financial Instruments. Break Up FED & TBTF Wall Street Banks.
What other choices do we have?
- Republics
- Syndicated Anarchy
- Democracy
- Social Democracy
- Fascism, Tyranny, Dictatorship, Totalitarianism, Plutocracy
- Monarchy
Probably we could make these models work if we got the Mafia and Corruption out of it. Shrink Federal Power. Term Limits of like 4 years for everything. Money out of Politics.
I met an immigrant working in a Middle Eastern Restaurant and he said "All Governments are like the G.W.B. government".
Maybe he is right.
Go back to the US Constitution and the Republic it put in place and we could end the corruption for a short time again. Like you say I guess. take the Powerful and remove their power, limit their power, limit their banking power.
Just about any form of government would work as long as you have a simple rule. At the end of each year, the richest .01%, maximum, are executed. Of course you would have to include some sort of differentiation mechanism to ensure that it only applies when there is a significant disparity between the .01% and everyone else.
"I think you're splitting hairs."
I am actually splitting the people from the tyranny.
Liberty is a demand. Tyranny is submission.
I like your distinction here.
I'm partial to the Video "Welcome to the Reservation".
It is always odd to me that Successful people, leaders in the community, men of obvious stature often are unapologetic about US History, the Land Grabs, the Westward Movement, the use of abusive work practices to build railroads, the breaking of treaties with indigenous peoples, the genocide of indigenous peoples, and in modern US Wars like Vietnam, Kosovo, Panama, Gulf War I, Iraqi War.
It is just Odd that Patriarchs in the USA still believe in US Efforts in World Wars that surely prolonged the diseases, dying, crippling, and fighting.
- Indoctrination?
- Propaganda?
- Greed in wanting to be Exceptional, wanting to accept world power,
- Pride in wanting to the USA Raised to High Status
- Envy of Countries with Royalty
- Desolation from suffering years of poverty, sand storm, stock market crash, scandalous Banking Trust, and a Great Depression?
Is mankind worth saving if all people bought the "Con" for their own reasons found in their own hearts.
Or is the Eb and Flow of Human Effort always a cycle of winning till defeat and collapse of a government & culture.
That sounds good, kchrisc, but our country has lost it's soul.
Moral relativism runs rampant. There is no objective right or wrong any longer... what's right for you may not be what's right for me. Many schools are teaching this as an integral part of their curriculum.
I'm required to take mandatory ethics classes in my profession and in one the "teacher" was practically a non-stop commercial for Starbucks. We were told how they didn't use styrofoam so they could protect the environment, and recycled and hired people of every sexual persuasion and so on, and how great all of this was and how their stock prices were shooting through the roof because of all of this.
None of that had a darned thing to do with the insurance profession, but I figured I'd put up with it, get my credits and go. At some point though, she touched on a nerve and one of the brokers asked her:
"But if someone kicked in the door to this room and started gunning everyone of us down with a machine gun, don't you think that would be wrong?"
Her reply echoed what some teacher said he had discovered about the curriculum at a school he used to teach at when he was called out of retirement by a principle who needed a substitute in a bad way...
"Well maybe you might thing that terrorist was doing something wrong, and I might think that it is wrong, but you can't impose your values on someone else, and maybe he thought he had a good reason for killing all of us and you shouldn't be trying to impose your values on him."
What a contrast to the America the French prince (sorry I forgot his name) wrote about back in the 1800s. He had come to study our culture to try and figure out the reason for what the Europeans considered the American miracle.
His conclusion was that the country had a very strong moral fabric. That there were many churches and they were full... that everyone seemed to help out neighbors in need and so on.
Now we have people killing strangers for their tennis shoes, rolling gun battles on our streets and highways, some 50% of our children born into single parent families, employers having trouble hiring people who can pass drug tests while many millions are on government welfare or foodstamps.
It's true that the government caused much of this moral decay, but the people allowed it and we're starting to pay the price. We probably haven't come up with the full downpayment yet, but payment will be extracted and we can no longer pretend that the people are virtuous, that it's just that darned government causing all of the problems.
As Pogo famously said, "We have found the enemy, and he is us."
Alexis de Tocqueville?
Yes.
Yes, that's who it was.
Thanks DriveBy.
Can't help but recall the old proverb:
"When people stop beliving in God, they'll believe anything.".
I could list THOUSANDS of examples.
And people wonder why I haven't taken up arms.
For who & what?
Might better avoid telling Martin Armstrong this - lol.