when your average investor is having an unseen tax applied to his transactions
which is what HFT is: an unfair tax by those who can afford the screamiest servers, the closest fibre optic connection, and the scariest code. it renders the idea of a fair marketplace a lie
the solution is easy: queue all trades on a heart beat
once every second, once ever three seconds, once a millisecond... whatever is agreed upon, all trades are queued up and then released on this schedule, and no one or nothing can surpass it
there are many complex unfair problems in life. but this is one with an easy solution. the problem is no finding the willpower to enact the change. as with many problems in american civil and political life, the will to do the right thing is polluted by the plutocrat's money
freedom is not something you fight for once and then retire. it requires constant maintenance, generation after generation. there's always some angle some asshole is trying to work, where they benefit and everyone else loses. people don't really get that
are you saying someone purposefully made zombie tales to numb us to food rioters?
no. it's not purposeful, it's unconscious effort by filmmaker, who feels something but doesn't know why, and audience, who gets excited, and doesn't know why
the truth is simply that the subconscious knows more than you. it feels things out subjectively. it doesn't speak, it just operates on a lizard level of base emotions. the subconscious knows what a zombie movie really means, it quickens the heart because it sees what is coming. even though the rest of you doesn't get it. yet
this is like saying explosive alone don't demolish the bridge, that you need a match. nice way to rationalize away the dominant fucking factor deciding the makeup of your government making important decisions about your life to your detriment and the benefit of some plutocrats
"concentration camps were in the UK, US, Japan, Russia as well as Germany"
uh... the germans had extermination camps for the purpose of mass murder of millions. other countries had internment camps. small difference (as in, a sarcastic way of saying really fucking huge difference)
i'm not excusing the usa's treatment of japanese americans, for example. but i am saying equating camps like those in the same breath with germany's killing machine is pretty lame. the germans were purposefully engaged in the systematic extermination of a race of people. all the other guys were committing various brutal and vile crimes of war. again, it's not excusing the other guys, it's just to note that what germany was doing was uniquely and especially evil, above and beyond
you could bring up european colonist's treatment of native americans, or stalin's soviet atrocities, but now we are leaving the realm of world war ii
yes, the world is an awesome place when you bury yourself in hate and recrimination and resentment. the idea is to learn from history, not be trapped in it. i said it once, i'll say it again: find a country without a black stain and you will have a point. until them you are a useless whiner. everything you wrote tells us more about your own failed mentality than actual reality
nothing you said refutes what i said. nothing you said supports the ridiculous idea of yours that britain's current riches is something they stole from a country they colonized over a century ago
just admit that one country is poor and another is rich because of a particular country's values. nothing more. nothing less. history matters not one damn bit. any country anywhere can adapt better values (or lose them) and therefore get richer (or poorer)
it is not a zero sum game, where one country is rich because another is poor because it had material stolen from it a long time ago. nothing stops a country, any country, from adapting better values and becoming as rich as the richest country, if not richer. example: korea. example: china. wanna-be-example: dubai
in fact, i will go so far as to say this: the mentality of your lame blame-game is a good example of the kind of bad values that keeps a country poor. blame yourself for your lot in life. then you finally get ahead in life
but spend your whole time blaming someone else for your lot in life, you just sit and rot, stewing in hate and recrimination. that useless thinking creates no riches. if the way you think is an example of the way people think in a country you think is poor because of what britain did over one hundred years ago, then we have found the real reason why this country is poor
people have values and principles. if they believe in these values and principles, they enforce them. what happens next is world history, and a contest between values and principles plays out. the strongest values and principles win. these strongest values and principles are known to you as unicorns and ponies
if you took all of the economic spoils of the colonial era, of all of the european nations together, it would be a drop in the bucket of today's economy
additionally, this wealth dissipated very quickly over one or two generations. world war i and ii pretty much wasted it all, and then some
no: britain owes its current economic standing to its social values and political institutions that make current business ventures possible
economic might is a sum of current economic efforts and interests, and the values of the country. history means absolutely nothing. really. it is why a country like korea can go from poor farmers to world leader in a generation or two. same with china. country A is rich now because if its institutions and values. country B is poor now because of inept and corrupt government and a society that does not value the kind of work required to create riches
the sheikhs in dubai understand this, that is why they are trying their darnedest to turn oil wealth into permanent structural changes in society and government, because they know the gravy train won't last forever. and when oil dries up, they will be back to herding camels in the sand if they don't have societies and government institutions in place that value and protect the kind of attributes a country needs to succeed
if you took all of the bank accounts in britain and gave them to a poor basket case country, that money in the poor basket case country would dissipate in a matter of years, and britain would be back to being a rich country in a few years as well. due to the good/ bad political institutions and the good/ bad social values of both countries. money isn't some concrete thing that sits in a bank account, money and economics is about an engine with a constant flow of effort and production. if the engine stops, or if the attributes to the engine don't exist, or the engine is clogged and sputters, there is only poverty. history matters NOTHING on that score
but i suppose you believe that country A had wealth X, and britain came and stole X, and now X sits now in london forever. so country A will always be poor now and britain has money X from 200 years ago as its sole representation of riches. this is how it seems you think economics works. you are some sort of simpleton aren't you?
some day, certain loudmouthed useless assholes will learn to judge nations as they currently behave, not as they behaved in ancient colonial or cold war history
let's put it this way: in the era of the british empire, whatever nation you are proud of, was doing nasty things you should be ashamed of. i know this for a certainty, because there exists no nation on this planet without a black stain on its past
therefore, randomly picking a dark era and judging a country entirely from that just makes you a useless asshole. because on the measure of a nation's past nasty behavior, all nations suck in this world
how about what the british actually think today, and their actual policy today? how about judging them on that?
i'm going to hide my name and lurk on internet forums and cast mindless negativity and hateful judgments at anyone who proposes anything concrete or positive in the world, without knowing anything about the person or what they are doing
what do you think? because i think a person like that is awesome
the fruits of your labors are made possible by, and are protected by, a certain set of ideals
it should not be legal that you be engaged in a business which actively undermines those ideals
you should have your business punished, fined, shut down, or, at best, you, asshole, should have to relocate your business to the kind of country that would use your products against you. if they don't like that idea, maybe they shouldn't be pedaling their products to tyrants
there is a line, that any company will face, when engaging in business in foreign lands with bad attitudes about fundamental human freedoms
if you cross that line, i, and others in your home country, will not forget it, and will not let you get off the hook for your championing of profits over principles that made your riches possible in the first place
Slashdot Mirror
mod parent up
pause. think. then post
civilization is not the turn based game to compare it to
this is
when your average investor is having an unseen tax applied to his transactions
which is what HFT is: an unfair tax by those who can afford the screamiest servers, the closest fibre optic connection, and the scariest code. it renders the idea of a fair marketplace a lie
the solution is easy: queue all trades on a heart beat
once every second, once ever three seconds, once a millisecond... whatever is agreed upon, all trades are queued up and then released on this schedule, and no one or nothing can surpass it
there are many complex unfair problems in life. but this is one with an easy solution. the problem is no finding the willpower to enact the change. as with many problems in american civil and political life, the will to do the right thing is polluted by the plutocrat's money
Gratuitum usum Google Vertere vos facit frigus
freedom is not something you fight for once and then retire. it requires constant maintenance, generation after generation. there's always some angle some asshole is trying to work, where they benefit and everyone else loses. people don't really get that
are you saying someone purposefully made zombie tales to numb us to food rioters?
no. it's not purposeful, it's unconscious effort by filmmaker, who feels something but doesn't know why, and audience, who gets excited, and doesn't know why
the truth is simply that the subconscious knows more than you. it feels things out subjectively. it doesn't speak, it just operates on a lizard level of base emotions. the subconscious knows what a zombie movie really means, it quickens the heart because it sees what is coming. even though the rest of you doesn't get it. yet
Necessity has no law.
this is like saying explosive alone don't demolish the bridge, that you need a match. nice way to rationalize away the dominant fucking factor deciding the makeup of your government making important decisions about your life to your detriment and the benefit of some plutocrats
right. blame the victim, the citizen, for the wolves. you're awesome dude
what you said doesn't mean anything
in reality, the guy with the most money can dominate the media channels and bury the better guy with lies and smears
this is a problem that isn't solved with pithy platitudes. it requires hard work
but i fear the american people will be thrust into poverty before any will get off their asses and care
or mafia, or narcotraffickers, or NAMBLA, or KKK, or worst of all... SOCIALIST EUROPE
but seriously, exactly: china can drop a couple billion on our political process and it is not legal to find that out
doesn't anybody have a problem with that?!
why aren't people up in arms over this? it is such an outrage how egregiously our government has been completely defiled by money
your rights don't matter. your livelihood doesn't matter. somebody with a large wad of cash FROM ANYWHERE gets service from your government
hell no
SECRET SOURCES OF MONEY that need not be revealed
does that really feel like something that should be part of your country? democrat, republican, anyone?
where is the outrage about that?
if money from who knows where can influence our politics, i don't know why this story should elicit 1/10th of the concern
if it comes from who knows where, it might as well go who knows where
"concentration camps were in the UK, US, Japan, Russia as well as Germany"
uh... the germans had extermination camps for the purpose of mass murder of millions. other countries had internment camps. small difference (as in, a sarcastic way of saying really fucking huge difference)
i'm not excusing the usa's treatment of japanese americans, for example. but i am saying equating camps like those in the same breath with germany's killing machine is pretty lame. the germans were purposefully engaged in the systematic extermination of a race of people. all the other guys were committing various brutal and vile crimes of war. again, it's not excusing the other guys, it's just to note that what germany was doing was uniquely and especially evil, above and beyond
you could bring up european colonist's treatment of native americans, or stalin's soviet atrocities, but now we are leaving the realm of world war ii
yes, the world is an awesome place when you bury yourself in hate and recrimination and resentment. the idea is to learn from history, not be trapped in it. i said it once, i'll say it again: find a country without a black stain and you will have a point. until them you are a useless whiner. everything you wrote tells us more about your own failed mentality than actual reality
nothing you said refutes what i said. nothing you said supports the ridiculous idea of yours that britain's current riches is something they stole from a country they colonized over a century ago
just admit that one country is poor and another is rich because of a particular country's values. nothing more. nothing less. history matters not one damn bit. any country anywhere can adapt better values (or lose them) and therefore get richer (or poorer)
it is not a zero sum game, where one country is rich because another is poor because it had material stolen from it a long time ago. nothing stops a country, any country, from adapting better values and becoming as rich as the richest country, if not richer. example: korea. example: china. wanna-be-example: dubai
in fact, i will go so far as to say this: the mentality of your lame blame-game is a good example of the kind of bad values that keeps a country poor. blame yourself for your lot in life. then you finally get ahead in life
but spend your whole time blaming someone else for your lot in life, you just sit and rot, stewing in hate and recrimination. that useless thinking creates no riches. if the way you think is an example of the way people think in a country you think is poor because of what britain did over one hundred years ago, then we have found the real reason why this country is poor
So which "home country" should a multinational corporation be beholden to?
the proper question in today's world is what multinational corporation should your home country be beholden to?
i say this with sadness, not snark
people have values and principles. if they believe in these values and principles, they enforce them. what happens next is world history, and a contest between values and principles plays out. the strongest values and principles win. these strongest values and principles are known to you as unicorns and ponies
if you took all of the economic spoils of the colonial era, of all of the european nations together, it would be a drop in the bucket of today's economy
additionally, this wealth dissipated very quickly over one or two generations. world war i and ii pretty much wasted it all, and then some
no: britain owes its current economic standing to its social values and political institutions that make current business ventures possible
economic might is a sum of current economic efforts and interests, and the values of the country. history means absolutely nothing. really. it is why a country like korea can go from poor farmers to world leader in a generation or two. same with china. country A is rich now because if its institutions and values. country B is poor now because of inept and corrupt government and a society that does not value the kind of work required to create riches
the sheikhs in dubai understand this, that is why they are trying their darnedest to turn oil wealth into permanent structural changes in society and government, because they know the gravy train won't last forever. and when oil dries up, they will be back to herding camels in the sand if they don't have societies and government institutions in place that value and protect the kind of attributes a country needs to succeed
if you took all of the bank accounts in britain and gave them to a poor basket case country, that money in the poor basket case country would dissipate in a matter of years, and britain would be back to being a rich country in a few years as well. due to the good/ bad political institutions and the good/ bad social values of both countries. money isn't some concrete thing that sits in a bank account, money and economics is about an engine with a constant flow of effort and production. if the engine stops, or if the attributes to the engine don't exist, or the engine is clogged and sputters, there is only poverty. history matters NOTHING on that score
but i suppose you believe that country A had wealth X, and britain came and stole X, and now X sits now in london forever. so country A will always be poor now and britain has money X from 200 years ago as its sole representation of riches. this is how it seems you think economics works. you are some sort of simpleton aren't you?
some day, certain loudmouthed useless assholes will learn to judge nations as they currently behave, not as they behaved in ancient colonial or cold war history
let's put it this way: in the era of the british empire, whatever nation you are proud of, was doing nasty things you should be ashamed of. i know this for a certainty, because there exists no nation on this planet without a black stain on its past
therefore, randomly picking a dark era and judging a country entirely from that just makes you a useless asshole. because on the measure of a nation's past nasty behavior, all nations suck in this world
how about what the british actually think today, and their actual policy today? how about judging them on that?
i know: crazy, wacky idea
i'm going to hide my name and lurk on internet forums and cast mindless negativity and hateful judgments at anyone who proposes anything concrete or positive in the world, without knowing anything about the person or what they are doing
what do you think? because i think a person like that is awesome
the fruits of your labors are made possible by, and are protected by, a certain set of ideals
it should not be legal that you be engaged in a business which actively undermines those ideals
you should have your business punished, fined, shut down, or, at best, you, asshole, should have to relocate your business to the kind of country that would use your products against you. if they don't like that idea, maybe they shouldn't be pedaling their products to tyrants
there is a line, that any company will face, when engaging in business in foreign lands with bad attitudes about fundamental human freedoms
if you cross that line, i, and others in your home country, will not forget it, and will not let you get off the hook for your championing of profits over principles that made your riches possible in the first place
eye bleach futures
rather than dependent on the socialist corporate welfare supplied by our government
oh wait, i'm sorry, such condemnation only applies to poor people
don't worry, on december 21st everyone can stop worrying about everything