Wallstreets response

anotherdaymusic

Well-Known Member
It doesnt matter where they protest, the voices are being heard, and it is only getting more extreme. The revolution is coming, Fuck the banks. They fuck us.
 

Johnny Retro

Well-Known Member
It doesnt matter where they protest, the voices are being heard, and it is only getting more extreme. The revolution is coming, Fuck the banks. They fuck us.
I agree, the banks did fuck people over. But so did the rating agency's. And so did people's own ignorance. You can't think something is right when you make 50k a year and your buying a 750k house. The math just does not add up.
 

UncleBuck

Well-Known Member
Thank you for finally proving your ignorance to what goes on at the Chicago Mercantile Exchange. And even the NYSE for that matter. THEY DIDN'T TRADE THE JUNK MORTGAGES AT THE EXCHANGE. IT WAS THE BANKS. Do you not see the difference? These idiots are protesting at the exchanges where NONE of these instrument were traded at.
So please, do some more research and educate yourself on what really happend.
so are you saying the exchange in chicago never dealt with a single derivative?

the title of this thread is "wallstreets [sic] response" and the first post specifically referenced the "i am the 99%" theme that has been going on.

i could still indict what they do on the more narrow issue of the exchange if you would like.

do you want me to start bringing up example of example of them speculating on commodities or futures, SPECIFICALLY at the chicago exchange, or do you want to simply give up and admit that a lot of what goes on there is in no way moral, ethical, or honest?

your call.
 

RyanTheRhino

Well-Known Member
It doesnt matter where they protest, the voices are being heard, and it is only getting more extreme. The revolution is coming, Fuck the banks. They fuck us.
They fuck you because you are the group of people that click ok before "reading the terms"

I didn't know any better so give me money
 

Johnny Retro

Well-Known Member
so are you saying the exchange in chicago never dealt with a single derivative?

the title of this thread is "wallstreets [sic] response" and the first post specifically referenced the "i am the 99%" theme that has been going on.

i could still indict what they do on the more narrow issue of the exchange if you would like.

do you want me to start bringing up example of example of them speculating on commodities or futures, SPECIFICALLY at the chicago exchange, or do you want to simply give up and admit that a lot of what goes on there is in no way moral, ethical, or honest?

your call.
Yes, that IS what goes on at the exchange, speculation with ones OWN money. Where is the problem in that? Who are they screwing over? HOW is that not moral? And derivatives are traded there, but not the ones you are thinking about. You would have never known what any of this stuff was if it wasn't for the BANKS offering the junk mortgages. So then you assume EVERYTHING associated with 'wallstreet' is a scam. Which goes back to my example before with the gateway theory.

Oh and btw, commodities traded there are futures.
 

UncleBuck

Well-Known Member
Yes, that IS what goes on at the exchange, speculation with ones OWN money. Where is the problem in that? Who are they screwing over? HOW is that not moral?

Oh and btw, commodities traded there are futures.
are you sure about that?

i'll give you one final chance to answer my question, which you have repeatedly ignored as it would cause you cognitive dissonance to answer:

is what goes on there honest, moral, and ethical?

you can answer yes or no. if you try to sidestep again, i have no problem marching out example after example after example of exactly what goes at at the chicago mercantile exchange.

your move.
 

Johnny Retro

Well-Known Member
are you sure about that?

i'll give you one final chance to answer my question, which you have repeatedly ignored as it would cause you cognitive dissonance to answer:

is what goes on there honest, moral, and ethical?

you can answer yes or no. if you try to sidestep again, i have no problem marching out example after example after example of exactly what goes at at the chicago mercantile exchange.

your move.
YES. There were times in the 70's when the fed's came in and bunked some guys for insider trading, i think it happened in the 80's too. So sure, they don't have a squeaky clean record. But who does. Name 1 field of business that has a squeaky clean record. Even the RED CROSS has had allegations of people stealing funds.

Please, march on
 

UncleBuck

Well-Known Member
YES. There were times in the 70's when the fed's came in and bunked some guys for insider trading, i think it happened in the 80's too. So sure, they don't have a squeaky clean record. But who does. Name 1 field of business that has a squeaky clean record.

Please, march on
everyone in my family and my wife's family has a squeaky clean record of doing business.

in fact, if the workers at the apartments my father-in-law runs come in under budget for the year, the extra money is distributed to them as bonuses.

if i have loyal customers, i give them breaks for loyalty.

do you honestly think that whoever wrote that sociopathic, narcissistic letter in the OP would do the same?

LOL!

i extend this practice by frequenting locally-owned and operated businesses whenever possible. sure, i could save $1.50 on a bag of soil by going to a large chain packed with chinese-made shit, but instead i go to larsen farm and garden.

and no, corruption, immoral practices, fraud and abuse are not limited to "a few episodes in the 70's and 80's".

basic research shows that they put many onion farmers out of business in the 50's when they got their hands on onion futures. eisenhower even signed an act of law in response to the incident.

more recently: http://www.fbi.gov/chicago/press-releases/2011/cg021611.htm

this is par for the course for the greedy scumbags who feel they are above the law and somehow just plain better than their fellow human beings. the letter in the OP reeks of it.

and you are defending them :clap:

well done.
 

Johnny Retro

Well-Known Member
Exactly, won't even admit to what you do cause you KNOW i could dig up a few articles myself.

Hey, i heard Mexican drug cartels are bringing over pounds of weed and killing thousands of people, there-for YOU are doing it also. See how that works ;)

And yes the CME is honest. SOME traders that come through arn't, see the difference?

Oh, and i don't watch fox news. I watch CNBC during the day, and some CNN at night
 

UncleBuck

Well-Known Member
Exactly, won't even admit to what you do cause you KNOW i could dig up a few articles myself.

Hey, i heard Mexican drug cartels are bringing over pounds of weed and killing thousands of people, there-for YOU are doing it also. See how that works ;)
the cartel is one entity, my home grown operation is an entirely other. the CME is all one entity.

does not apply.

And yes the CME is honest. SOME traders that come through arn't, see the difference?
i had no idea driving farmers out of business, insider trading, ripping off thousands of people out of millions of dollars, and then being unashamed about it and writing sociopathic letters was your definition of honest.

most times, when people massively fuck up and get caught in ridiculous scams, they issue an apology or admit they fucked up. they don't wrote "i'm better than you" letters and post them like it's something to be proud of.

see the difference?
 

Johnny Retro

Well-Known Member
The CME is one entity, the traders are NOT.
The CME HELPS farmers AND consumers by negotiating prices on crops for the future. So if there is a drought we arn't paying $10 for an ear of corn. And if they have an oversupply of corn that year they arn't shafted on prices. In fact, futures keep alot of farmers in business. Hence "futures". Again, go do some research on what futures are.

You keep avoiding the question, buck, what is it that YOU do?

Also, since you are supporting the protests you are also supporting anti semitism. This guy is, so you must to. Because the protesters are all "one entity" right? http://www.youtube.com/watch?v=Iurg7A6MKH0&feature=related

And only about 5% of the population at the CME could be considered "the 1%" Many of the guys are barley making 70k a year.
 

UncleBuck

Well-Known Member
The CME is one entity, the traders are NOT.
Also, since you are supporting the protests you are also supporting anti semitism. This guy is, so you must to. Because the protesters are all "one entity" right? http://www.youtube.com/watch?v=Iurg7A6MKH0&feature=related
wow, you make it too easy.

so, the CME is composed of separate entities (traders) but the protesters all count as one entity? :dunce:

and where did i say i support the protest? i simply detest the asshole who wrote that sociopathic letter, as if he had so much to be proud of.

The CME HELPS farmers AND consumers by negotiating prices on crops for the future. So if there is a drought we arn't paying $10 for an ear of corn. And if they have an oversupply of corn that year they arn't shafted on prices. In fact, futures keep alot of farmers in business. Hence "futures". Again, go do some research on what futures are.
look up the onion futures act, then take your head and slam it into the nearest hard surface. repeatedly.

You keep avoiding the question, buck, what is it that YOU do?
i already told you in post 32. i grow pretty flowers.

And only about 5% of the population at the CME could be considered "the 1%" Many of the guys are barley making 70k a year.
you've gone from trying to ignore the question about whether what went on there was moral, ethical and honest, then tried to say that what went on there was moral, ethical and honest, and now you have vacillated to rationalizing what percentage of what goes on there is moral, ethical, and honest.

that is called losing the argument, just slower. that's fine with me, enjoy prolonging your pain in taking a losing position.
 

Johnny Retro

Well-Known Member
wow, you make it too easy.

so, the CME is composed of separate entities (traders) but the protesters all count as one entity? :dunce:

and where did i say i support the protest? i simply detest the asshole who wrote that sociopathic letter, as if he had so much to be proud of.



look up the onion futures act, then take your head and slam it into the nearest hard surface. repeatedly.



i already told you in post 32. i grow pretty flowers.



you've gone from trying to ignore the question about whether what went on there was moral, ethical and honest, then tried to say that what went on there was moral, ethical and honest, and now you have vacillated to rationalizing what percentage of what goes on there is moral, ethical, and honest.

that is called losing the argument, just slower. that's fine with me, enjoy prolonging your pain in taking a losing position.
I was pointing out the fact that you thought traders at the CME are all one entity, hence my use of quotes :dunce: So there-for i was using it against you. Guess that one flew right over your head, LOL

You used the "slamming" something against my head last night, your responses are getting very repetitive and boring. And also immature. Showing your true colors here

You keep on bringing up onion futures when they haven't been in existence for 55 years. Tell me why there are still feeder cattle, live cattle, corn, oats, soybeans, wheat, cotten, cocoa, sugar, and coffee futures, if all they do is rip off the farmer? Some real intelligent thinking right there :dunce:

And yes, go on to believe you "won" an argument on the internet. Congrats man! The second someone starts the "im right your wrong" is the second you know you've won. lmao

And YOU keep ignoring my question on what you do. My hunch is that your "industry" isn't squeaky clean either. lol double standards are fun arn't they?

Your welcome for the education tonight.
 

UncleBuck

Well-Known Member
I was pointing out the fact that you thought traders at the CME are all one entity, hence my use of quotes :dunce: So there-for i was using it against you. Guess that one flew right over your head, LOL
i never said the traders at the CME were all one entity, i said the CME itself was one entity. so i guess you just wasted your breath.

You used the "slamming" something against my head last night, your responses are getting very repetitive and boring.
i prefer 'consistent'. and if i am overly 'consistent', it is because it bears repeating.

You keep on bringing up onion futures when they haven't been in existence for 55 years. Tell me why there are still feeder cattle, live cattle, corn, oats, soybeans, wheat, cotten, cocoa, sugar, and coffee futures, if all they do is rip off the farmer? Some real intelligent thinking right there :dunce:
no mention of derivatives and credit default swaps? why not?

And yes, go on to believe you "won" an argument on the internet. Congrats man! The second someone starts the "im right your wrong" is the second you know you've won. lmao
you mean like you did in post 11, before i had to recap the debate to get you up to speed? :dunce:

And YOU keep ignoring my question on what you do. My hunch is that your "industry" isn't squeaky clean either. lol double standards are fun arn't they?
i have already told you twice. i am not responsible for your lack of reading comprehension and/or willful ignorance.

Your welcome for the education tonight.
*you're

as in, YOU ARE not even worth debating, and i am not even going to bother.

have fun lauding the sociopaths who are proud of their massive greed.
 

Johnny Retro

Well-Known Member
i never said the traders at the CME were all one entity, i said the CME itself was one entity. so i guess you just wasted your breath.



i prefer 'consistent'. and if i am overly 'consistent', it is because it bears repeating.



no mention of derivatives and credit default swaps? why not?



you mean like you did in post 11, before i had to recap the debate to get you up to speed? :dunce:



i have already told you twice. i am not responsible for your lack of reading comprehension and/or willful ignorance.



*you're

as in, YOU ARE not even worth debating, and i am not even going to bother.

have fun lauding the sociopaths who are proud of their massive greed.
I also didnt mention bonds, treasury notes, emini nasdaq, emini s&p, emini dow, and currencys. Because that wasn't the argument. And if you fail to see that, well, you simply don't know what YOU'RE arguing now.
So you "grow pretty flowers" are you saying all you do is grow and sell weed, man YOU'RE a stand up guy. You are helping the economy a lot! You pay taxes on that money? Your credibility is slowly shrinking here.
And please, direct me that post where i said i won the argument. quote it for me please. I would LOVE to see where i said that. me calliing you out for not backing up your argument is not me saying i "won"
 
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