General Discussion

jaxexpat

(7,794 posts)

31. Shorting the market is a legitimate investment strategy.

Wed Apr 6, 2022, 09:18 AM

Apr 2022

Performing an illegal act to cause the downfall of a corporation is a different matter altogether. It's a crime, white-collar though it may be.

The day when it's a universal expectation of prosecution with speedy trial and appropriate sentencing for all white-collar crimes is when we begin to get our democracy back.

Here's some of my "favorite" white-collar crimes, not in any particular order. Which is your favorite? Did I miss yours?

money laundering
price fixing
insider trading
opaque government contract award
military recruiting
student loans
tax evasion
tax sheltering
bribery
extortion
gerrymandering
public lottery skimming
political campaign lying
broadcast news/opinion lying
broadcast opinion labeled as news
ignoring and/or violating OSHA regulated statutes
frivolous lawsuits
monopoly of any kind (except the game)
first amendment misinterpretation
second amendment misinterpretation
televangelism
tax free status for churches of any faith, even atheism
the book of revelations

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

70 replies

= new reply since forum marked as read

Highlight:

The one question that can no longer be ignored: [View all] kentuck Apr 2022 OP

in a corporate oligarchy that owns both courts ananda Apr 2022 #1

If that is true, how relevant is the Democratic Party? kentuck Apr 2022 #2

So true Farmer-Rick Apr 2022 #10

But we must keep "crimes" in perspective. kentuck Apr 2022 #12

Bernie was convicted because he stole money from rich people, gab13by13 Apr 2022 #17

Bernie's crime was he stole money DENVERPOPS Apr 2022 #52

It doesn't look good for this country... BlueJac Apr 2022 #3

That's the most important question that needs to be answered, the future of the country depends on it Rhiannon12866 Apr 2022 #4

I am not optimistic HAB911 Apr 2022 #5

Unfortunately in America, there are several people who are either LuckyCharms Apr 2022 #6

Good post. I learned something new today. dixiechiken1 Apr 2022 #18

Thanks, dixiechiken1 and LuckyCharms Apr 2022 #22

Yup, luv me some Little Feat! 👍😊 dixiechiken1 Apr 2022 #24

Me too! Especially when Lowell George was alive. LuckyCharms Apr 2022 #27

Shorting the market is a legitimate investment strategy. jaxexpat Apr 2022 #31

Yes, that's the point I was attempting to convey about shorting... LuckyCharms Apr 2022 #42

The SEC is a family of foxes guarding the family henhouse. jaxexpat Apr 2022 #43

I agree with everything you said here. LuckyCharms Apr 2022 #44

Praying with you dwayneb Apr 2022 #59

Yes, it's an important question. llmart Apr 2022 #7

I agree with you llmart, slightlv Apr 2022 #29

Great and thought filled post. llmart Apr 2022 #45

It's too bad liberalgunwilltravel Apr 2022 #8

The only legal way to do it is with the US Tax Code... kentuck Apr 2022 #11

A wise man who is routinely bashed here, gab13by13 Apr 2022 #19

They are indeed The Wizard Apr 2022 #51

also Bernie. Grasswire2 Apr 2022 #65

He always says Bill Clinton and Democrats are neoliberal without mentioning that betsuni Apr 2022 #69

Don't assume they're not The Wizard Apr 2022 #49

Over forty years ago I asked myself that question. gibraltar72 Apr 2022 #9

I see depressingly little evidence to the contrary. Paladin Apr 2022 #13

+1 n/t area51 Apr 2022 #57

The answer is, the rich and powerful have always been above the law Mr. Ected Apr 2022 #14

I'm gonna start using that question when talking to Rs KS Toronado Apr 2022 #15

Those are exquisite questions. jaxexpat Apr 2022 #32

LOL, No they won't get huffy and stalk off KS Toronado Apr 2022 #35

I asked a Trump jihadist The Wizard Apr 2022 #50

Never understimate the power of propaganda (nt) dwayneb Apr 2022 #60

That was the premise of the Magna Carta Wednesdays Apr 2022 #16

Until proven otherwise Ferrets are Cool Apr 2022 #20

It is just not true and has not been true for a long time. The Jungle 1 Apr 2022 #21

In this country... kairos12 Apr 2022 #23

I have observed in my 73 years here there are two solids: Magoo48 Apr 2022 #25

All true dwayneb Apr 2022 #61

The rich and powerful have always been immune to our laws SoonerPride Apr 2022 #26

Not totally immune. When the rich and powerful piss off enough of their fellow... Silent3 Apr 2022 #28

The "law and order" party is above the law IronLionZion Apr 2022 #30

Is the question about theory or practice? SYFROYH Apr 2022 #33

As some have noted, it has always been theoretical.. kentuck Apr 2022 #34

That question has been answered in large part, over the years. Caliman73 Apr 2022 #36

True... The rich and powerful have always been above the law... Ohio Joe Apr 2022 #37

Ohio Joe...Great post! kentuck Apr 2022 #38

Thanks for the post. NT SmallFry Apr 2022 #41

Thank you for all that info. True Blue American Apr 2022 #68

Clearly LOTS inthewind21 Apr 2022 #39

I would put forward the thought that we have been arguing this question non-stop for generations. SmallFry Apr 2022 #40

Interesting comment. kentuck Apr 2022 #46

The experiment will continue. SmallFry Apr 2022 #47

I wish I were certain... kentuck Apr 2022 #48

That is hopeful thinking dwayneb Apr 2022 #62

There is no guarantee. kentuck Apr 2022 #67

The Bush/Cheney regime answered that question for me. CaptainTruth Apr 2022 #53

+1 important question grantcart Apr 2022 #54

Lots of people are above the law. qwlauren35 Apr 2022 #55

This message was self-deleted by its author cayugafalls Apr 2022 #56

I have two words that describe our mess moniss Apr 2022 #58

Clearly many people are above the law. onecaliberal Apr 2022 #63

What an excellent thread! Thanks to all. yonder Apr 2022 #64

what part has the strategy "Look forward, not back" played in this mess? Grasswire2 Apr 2022 #66

Laws are for people with no money! Emile Apr 2022 #70