The Rabbit Hole | Page 261 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Peering down the algorithmic trading rabbit hole 11 replies

Badgers Bolt hole 39 replies

Different Charting software: Hole in charts? 0 replies

Pipbuilder's hole 2 replies

Black Hole Trading 0 replies

Attachments: The Rabbit Hole
Exit Attachments

The Rabbit Hole

  • #5,201
  • Jun 19, 2017 12:51am Jun 19, 2017 12:51am
Quoting Mingary
{quote} Tell that to the mother with 3 kids who works 3 part time jobs, is she not self-reliant enough for you ? And, yes most of them are WHITE !.. yes, tell that to the "working poor" - a condition created by your capitalism
Self reliance is important but responsibility is even more important. Capitalism didn't make the woman pregnant
  • #5,202
  • Jun 19, 2017 12:55am Jun 19, 2017 12:55am
Quoting Magog
{quote} The Met have responed already LOL {image}
OK on that note I am outta here!
  • #5,203
  • Jun 19, 2017 12:58am Jun 19, 2017 12:58am
Quoting Mingary
{quote} Tell that to the mother with 3 kids who works 3 part time jobs, is she not self-reliant enough for you ? And, yes most of them are WHITE !.. yes, tell that to the "working poor" - a condition created by your capitalism
Maybe she works 3 jobs bc mass immigration has pushed wages down to a level where one job no longer pays enough.
Mass immigration is primarily a consequence of socialist policies to increse the Labour vote, not capitalism.
Nothing strengthens authority so much as silence
  • #5,204
  • Jun 19, 2017 1:48am Jun 19, 2017 1:48am
Quoting Mingary
{quote} Tell that to the mother with 3 kids who works 3 part time jobs, is she not self-reliant enough for you ? And, yes most of them are WHITE !.. yes, tell that to the "working poor" - a condition created by your capitalism
Again, nothing to do with capitalism. Here we have the best welfare in the world. The mother and 3 kids would be well looked after. She would be supplemented with tax credits if she is working. I don't think any of us here have a problem with helping those who fall on genuine hard times. Firstly, it takes two to tango and the father should bear responsibility, but let's assume she lost her husband. No problem whatsoever in helping her.

Where I have a real issue is that along with the most generous welfare system in the world, we naturally attract spongers, not just our own, but the world's. Why do you think they risk life and limb hanging onto the underside of a Eurostar train to get into the UK? Or risk death crossing the Med in a dinghy and then again hiding in a refrigerated lorry? Happens very regularly.

The problem is that sponging has become a lifestyle choice for many and they vote Corbyn so they can get more. They are in for themselves to grab as much as they can. They have no desire to work or to better themselves in any way. We have generations for whom this is a "career" choice. They deliberately get fat, so get more money on long term disability. Then they also get given a car (it's their human rights), a nice BMW, not just a three wheeler cripple wagon! So, there are plenty of incentives for many to take this lifestyle choice! If Corbyn ever got into power, that would be it. There would probably never be another election, since the hard left are so disdainful of democracy. It would take us a couple of years of spending, then we would truly become a banana republic.
  • #5,205
  • Edited 2:22am Jun 19, 2017 1:49am | Edited 2:22am
Quoting Mingary
{quote} Tell that to the mother with 3 kids who works 3 part time jobs, is she not self-reliant enough for you ? And, yes most of them are WHITE !.. yes, tell that to the "working poor" - a condition created by your capitalism
Did Capitalism create the 'working poor'? People of this level of poverty don't exist in other societies? You are taking a lot for granted lol.

'Three questions that destroys most of the arguments on the left. 1) Compared to what? 2) At what cost? 3) What hard evidence do you have?' - Sowell
  • #5,206
  • Jun 19, 2017 1:52am Jun 19, 2017 1:52am
Quoting jen101
{quote} Again, nothing to do with capitalism. Here we have the best welfare in the world. The mother and 3 kids would be well looked after. She would be supplemented with tax credits if she is working. I don't think any of us here have a problem with helping those who fall on genuine hard times. Firstly, it takes two to tango and the father should bear responsibility, but let's assume she lost her husband. No problem whatsoever in helping her. Where I have a real issue is that along with the most generous welfare system in the world, we naturally...

And in case anyone forgets what Socialism in the UK looks like, here is a reminder:-

Under the Socialist Labour government the mid-1970s had witnessed the strikes and power shutdowns of the three-day week (rolling blackouts), a stock-market crash, a secondary banking crisis, tough credit controls and the humiliation of its begging mission to the IMF for a loan. Britain is a tragedy Henry Kissinger, the US Secretary of State, lamented to President Gerald Ford, it has sunk to begging, borrowing, stealing. Under Socialist Labour, Britain was mired in defeatism, fatalism and negativity with the IMF loan under the Callaghan administration making Britain an international laughing stock. 30 per cent of the workforce were in the public sector.

Nurses and ambulance drivers were on strike. Old peoples homes and schools were closing. The railways were not running. The electricians union marked the approach of Christmas 1978 by taking both BBC One and BBC Two off the air. The country was left with just ITV, to watch (the electricians waited until August 1979 to switch off ITV for 75 days), 30 per cent of the workforce were in the public sector.

More seriously, rubbish was piling high in the streets, creating a health hazard. The most potent metaphor of national decay was in Liverpool. There, a factory was being turned over to storage space for the dead because members of the GMWU union were picketing the cemeteries. Contingency plans were made to bury the citys rotting corpses at sea.

By the decades end, inflation was running at 25%, in 1979, the top tax rate was a pernicious 98%; the bottom rate was 65%. Businesses were hit by corporation tax at 52 per cent. Talent voted with its feet, bringing the expression brain drain into vogue.

References - 'Bang!: A History of Britain in the 1980s by Graham Stewart, BBC, Telegraph, WSJ
  • #5,207
  • Jun 19, 2017 2:04am Jun 19, 2017 2:04am
Quoting Devauxt
{quote} And in case anyone forgets what Socialism in the UK looks like, here is a reminder:- Under the Socialist Labour government the mid-1970s had witnessed the strikes and power shutdowns of the three-day week (rolling blackouts), a stock-market crash, a secondary banking crisis, tough credit controls and the humiliation of its begging mission to the IMF for a loan. Britain is a tragedy Henry Kissinger, the US Secretary of State, lamented to President Gerald Ford, it has sunk to begging, borrowing, stealing. Under Socialist Labour, Britain was...
I've still got the candles.
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
  • #5,208
  • Jun 19, 2017 2:06am Jun 19, 2017 2:06am
Quoting Bones
.... Also gas pipes were just installed ,apparently fire boxed in the staircase ,but not along the floors which I already seen photos ,lots of reports blue flames were talking mains pressure gas not like in your home after the meter....
You don't get blue flames from gas unless it is pre-mixed with air. Blue flames just as likely to come from copper or other elements getting very hot.

I agree with your general theme of how all the construction should have been fire-safe.
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
  • #5,209
  • Jun 19, 2017 2:07am Jun 19, 2017 2:07am
Some good news to start the week.....

The night before the formal start of Brexit talks, the U.K. put out a preview of its negotiators’ main message: “We are leaving the European Union.”

Shocker!

http://www.politico.eu/article/uks-midnight-message-to-eu-were-outta-here/
Nothing strengthens authority so much as silence
  • #5,210
  • Jun 19, 2017 2:37am Jun 19, 2017 2:37am
#FinsburyPark (https://twitter.com/hashtag/FinsburyPark?src=hash)

#SkyNews (https://twitter.com/hashtag/SkyNews?src=hash) pointing out he was a "white man"

I've never heard them describe other terrorists by skin colour.
Nothing strengthens authority so much as silence
  • #5,211
  • Jun 19, 2017 2:46am Jun 19, 2017 2:46am
Quoting Magog
#FinsburyPark (https://twitter.com/hashtag/FinsburyPark?src=hash) #SkyNews (https://twitter.com/hashtag/SkyNews?src=hash) pointing out he was a "white man" I've never heard them describe other terrorists by skin colour.
They said the most recent Islamic attack in London was men of 'Mediterranean origin'
  • #5,212
  • Edited 3:43am Jun 19, 2017 3:25am | Edited 3:43am
Quoting verv
{quote} They said the most recent Islamic attack in London was men of 'Mediterranean origin'
Whatever that means? - Italians/Spanish/Greeks/French are all Mediterranean - Never describe the terrorists as black or Asian tho coz that'd be racist.
Nothing strengthens authority so much as silence
  • #5,213
  • Edited 3:56am Jun 19, 2017 3:42am | Edited 3:56am
More good news...From Mar but I assume it still applies

BRITAIN could carry on trading with the EU without any tariffs for 10 years if a free trade deal has not been reached after the Brexit negotiations.

http://www.express.co.uk/news/politics/783900/Britain-secret-Brexit-10-year-tariff-free-trade-deal-negotiations
Nothing strengthens authority so much as silence
  • #5,214
  • Jun 19, 2017 4:40am Jun 19, 2017 4:40am
Quoting Magog
{quote} https://www.youtube.com/watch?v=jmADevZPh4U
Now that is very interesting.

So the Saudis are starting to head for the dollar-exit.....
So the Chinese are building a gold-mountain to support their status.....
So Russia (and China) are trying to avoid a war ... is the CIA in NK doing its damnedest to poke KJU in the eye? ...this is suddenly making sense.

A massive collapse in the US$ would certainly help DT in bringing back American jobs, the local industry would positively boom!
Resource-wise I believe USA Inc. needs only only iron ore, but that is a guess on my part.
A collapsing US$ would remove a significant chunk of the oil market, shale companies would do very well .... no wonder the Saudis have been cosying-up to the Chinese.

What they would do about the rampant inflation that has so long been touted by the doomsters. Ultimately the US government could just sit back and pay its debt coupon with more US$, now even easier to come by. The pain at home would intense, I wonder who is working on the blame strategy for that?
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
  • #5,215
  • Jun 19, 2017 4:43am Jun 19, 2017 4:43am
Quoting DrManhatten
{quote} OK on that note I am outta here!
Oh yeah!
Nationalistophobia!
I bet the inventor has already earned their pay-rise on that one word alone!
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
  • #5,216
  • Jun 19, 2017 4:56am Jun 19, 2017 4:56am
Quoting DrManhatten
{quote} Blah, blah, blah blah! Tell that to the same people who made their own choices in life but refuse to take any responsibility for their own actions or for their choices. Pulling out the white guilt card? That is a pathetic argument if I ever heard one! Try again! Virtue signal much? {image}
Social Darwinism is alive and well
Hint: "making the right choice" is like ... "natural selection" (:
Enjoy your smugness ..
  • #5,217
  • Jun 19, 2017 5:04am Jun 19, 2017 5:04am
Quoting jen101
{quote} Again, nothing to do with capitalism. Here we have the best welfare in the world. The mother and 3 kids would be well looked after. She would be supplemented with tax credits if she is working. I don't think any of us here have a problem with helping those who fall on genuine hard times. Firstly, it takes two to tango and the father should bear responsibility, but let's assume she lost her husband. No problem whatsoever in helping her. Where I have a real issue is that along with the most generous welfare system in the world, we naturally...
I agree. Some people do need help and they should get help, those who abuse the system should be paraded around town walking the walk of shame
  • #5,218
  • Jun 19, 2017 5:05am Jun 19, 2017 5:05am
Quoting Exodus
{quote} Now that is very interesting. So the Saudis are starting to head for the dollar-exit..... So the Chinese are building a gold-mountain to support their status..... So Russia (and China) are trying to avoid a war ... is the CIA in NK doing its damnedest to poke KJU in the eye? ...this is suddenly making sense. A massive collapse in the US$ would certainly help DT in bringing back American jobs, the local industry would positively boom! Resource-wise I believe USA Inc. needs only only iron ore, but that is a guess on my part. A collapsing US$...
Can you ever remember a time when the dollar wasn't on the verge of collapsing?
  • #5,219
  • Edited 5:55am Jun 19, 2017 5:06am | Edited 5:55am
Quoting Mingary
{quote} I agree. Some people do need help and they should get help, those who abuse the system should be paraded around town walking the walk of shame
What do you define as abuse?

Better still, who would you single out for abusing the system?
  • #5,220
  • Jun 19, 2017 5:18am Jun 19, 2017 5:18am
Quoting Exodus
{quote} Now that is very interesting. So the Saudis are starting to head for the dollar-exit..... So the Chinese are building a gold-mountain to support their status..... So Russia (and China) are trying to avoid a war ... is the CIA in NK doing its damnedest to poke KJU in the eye? ...this is suddenly making sense. A massive collapse in the US$ would certainly help DT in bringing back American jobs, the local industry would positively boom! Resource-wise I believe USA Inc. needs only only iron ore, but that is a guess on my part. A collapsing US$...
Yeah the doomsters have been predicting the end of the petrodollar for years but it ain't happened......yet.
Remember all reserve currencies in the past have eventually collapsed and I don't see why it should be different this time.
I think this is the main driver behind all the rhetoric around Iran/Russia/Syria war drums- that would give them something to blame but they can't start it, they need to provoke someone first and it doesn't matter who.
Nothing strengthens authority so much as silence
24 traders viewing now