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Cal Carpenter

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Gender: Female
Hometown: Michigan
Member since: Thu Oct 18, 2007, 01:12 PM
Number of posts: 4,959

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Martin Shkreli is a sacrificial wolf

That's what I said to my spouse this morning. I'll use the words of Ian Welsh to expand on the thought, as he is far more eloquent than I:

"Securities arrests don’t happen by accident, and they don’t happen just because someone has committed securities fraud. There is so much securities fraud that practically anyone involved the markets beyond the retail investor level could be charged with something. Many investigations are ongoing at any given time, only a few can or will be prosecuted and prosecuting someone as rich as Shkreli is always a political decision.

This is a message.

Rook the proles as much as you want, but don’t scream it to the world. We have a good thing going here, sonny, and we don’t tolerate people who might wreck it.


Despite his cartoon villain behaviour, Shkrell is far from the worst CEO in America.

Billionaires may do as they please. The only rule is “don’t destroy the game”."

http://www.ianwelsh.net/martin-shkreli-arrested-for-securities-fraud/


I'm happy to see some semblance of justice in this case, but he's like the one cockroach you see vs the hundreds scurrying behind the walls...
Posted by Cal Carpenter | Thu Dec 17, 2015, 12:25 PM (30 replies)

Why are white people expats when the rest of us are immigrants?

Why are white people expats when the rest of us are immigrants?
Surely any person going to work outside their country is an expatriate? But no, the word exclusively applies to white people
by Mawuna Remarque Koutonin

In the lexicon of human migration there are still hierarchical words, created with the purpose of putting white people above everyone else. One of those remnants is the word “expat”.

What is an expat? And who is an expat? According to Wikipedia, “an expatriate (often shortened to expat) is a person temporarily or permanently residing in a country other than that of the person’s upbringing. The word comes from the Latin terms ex (‘out of’) and patria (‘country, fatherland’)”.

Defined that way, you should expect that any person going to work outside of his or her country for a period of time would be an expat, regardless of his skin colour or country. But that is not the case in reality; expat is a term reserved exclusively for western white people going to work abroad.

Africans are immigrants. Arabs are immigrants. Asians are immigrants. However, Europeans are expats because they can’t be at the same level as other ethnicities. They are superior. Immigrants is a term set aside for ‘inferior races’.


----snip----

http://www.theguardian.com/global-development-professionals-network/2015/mar/13/white-people-expats-immigrants-migration?CMP=share_btn_tw
Posted by Cal Carpenter | Fri Mar 13, 2015, 06:41 PM (23 replies)
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