Current Affairs The Conservative Party

[Kurt.]

When your elderly parents can’t afford to heat their homes whilst illegal immigrants are being put up in 5 star hotels, you have every right to feel angry.

When your children can’t get a place at your local school, because the children of illegal immigrants are being given priority, you have every right to feel angry.

When your 20 something Son or Daughter can’t get a foot on the property ladder, because illegal immigrants are being given priority in the housing queue, you have every right to feel angry.

When you can’t get a GP or hospital appointment, because of the huge waiting lists, due to the number of illegal immigrants who are also in the queue, you have every right to feel angry.

It is not racist to complain about illegal immigration, it is realist.

Britain is full.

When you don’t understand that an illegal immigrant gets none of the above you have stated it makes you look rather stupid to be honest.

 

[ChesterBlue]

Nothing to do with the stock market. It’s the bond market, the government debt market. Keep an eye on that US 10 year yield, it’ll keep rising until something big breaks. And then what? Then we will see which path we are on. Deflation or hyper inflation.
Anyway I’m off

I literally used to work in credit derivs, so I do have some understanding of this. The debt markets are always over leveraged and aren’t trading under a massively different concept to the stock markets.

Even take a basic CDS trade, if you trade that speculatively you are literally betting on whether a nation or company defaults - if you’re right you get the payout for the trade but you have bet on a country or a company to fail, that means people lose their entire livelihoods at minimum, all the while the big banks will be pressuring companies/governments where they will benefit from a default due to holding short positions against it.

How on Earth can a system where this is allowed be a net positive? And stocks are no different with short-selling etc

 

[orchard]

Still can’t believe that people still don’t realise that these politicians of supposedly differing shades on the political spectrum are all working for the same bosses.

"Both the right and left wings belong to the vulture pecking at my innards."

 

[DuuuncanHadaPigeon]

With respect I don’t think I do, for someone to have such strong feelings about something that’s not directly affected them is strange don’t you think ? It was a simple enough question which he’s avoiding answering.

No it's not strange. There are a lot of things that don't directly affect you that you can have strong feelings about. The war in Ukraine does not directly affect me but I have strong feelings about it.

 

[Kurt.]

No it's not strange. There are a lot of things that don't directly affect you that you can have strong feelings about. The war in Ukraine does not directly affect me but I have strong feelings about it.

I don’t disagree … but I guarantee you that illegal immigration has not directly nor indirectly had an impact on the person in question

 

[edge]

CAN YOU DIIIGGGGGGG IT

I will have her a fight the useless peice of crap.
Don't normally hit woman but she is a member of this government so its fair game .
To make it fair she can have Mogg as well.

 

[DuuuncanHadaPigeon]

I don’t disagree … but I guarantee you that illegal immigration has not directly nor indirectly had an impact on the person in question

but as I've said it's completely irrelevant if it has or not! Anyway, it doesn't really matter, I'm not disagreeing with you just suggesting you frame the argument better.

 

[DuuuncanHadaPigeon]

I literally used to work in credit derivs, so I do have some understanding of this. The debt markets are always over leveraged and aren’t trading under a massively different concept to the stock markets.

Even take a basic CDS trade, if you trade that speculatively you are literally betting on whether a nation or company defaults - if you’re right you get the payout for the trade but you have bet on a country or a company to fail, that means people lose their entire livelihoods at minimum, all the while the big banks will be pressuring companies/governments where they will benefit from a default due to holding short positions against it.

How on Earth can a system where this is allowed be a net positive? And stocks are no different with short-selling etc

What if you identify a fraudulent or corrupt company that are going to go bust anyway, why is it bad for me to put on my fluffy slippers and short them

 

[Kurt.]

but as I've said it's completely irrelevant if it has or not! Anyway, it doesn't really matter, I'm not disagreeing with you just suggesting you frame the argument better.

I just wish people would understand the terminology they use to base their argument on

 

[Rita_Poon]

When you don’t understand that an illegal immigrant gets none of the above you have stated it makes you look rather stupid to be honest.

Who got removed a day and a half ago and suddenly this cosmic viewist is alive n kickin?

 

[ChesterBlue]

What if you identify a fraudulent or corrupt company that are going to go bust anyway, why is it bad for me to put on my fluffy slippers and short them

Well, for a start, you can’t as a individual, even a very rich individual would not be able to get a ISDA.

Second, most companies do fraud and corruption to a level. Why do you think Amazon and Apple pay barely any tax, or how do you think oil companies get drilling contracts?

And thirdly, let’s say it does fail and you get the money. Sure the company was bad, but is that going to hurt the execs? No. The shareholders? Not massively. The standard employees who have no say over the bad practices? Yes, they’ll lose their pensions, and livelihoods.

Don’t get me wrong, I despise big corporate and don’t like to see any big corps cornering markets - but I definitely don’t want to see their employees who are effectively wage slaves lose everything because of the company’s cock-ups and some Wall Street scumbags.

 

[DuuuncanHadaPigeon]

Well, for a start, you can’t as a individual, even a very rich individual would not be able to get a ISDA.

Second, most companies do fraud and corruption to a level. Why do you think Amazon and Apple pay barely any tax, or how do you think oil companies get drilling contracts?

And thirdly, let’s say it does fail and you get the money. Sure the company was bad, but is that going to hurt the execs? No. The shareholders? Not massively. The standard employees who have no say over the bad practices? Yes, they’ll lose their pensions, and livelihoods.

Don’t get me wrong, I despise big corporate and don’t like to see any big corps cornering markets - but I definitely don’t want to see their employees who are effectively wage slaves lose everything because of the company’s cock-ups and some Wall Street scumbags.

have you just rewatched the big short or something? I do not need an ISDA to short a stock lol

Amazon avoiding tax is not fraudulent it is perfectly legal, I don't agree with it but one of the biggest companies in the world isn't pulling a tax scam

If you know a company to be fraudulent and will eventually fail, well, don't look a gift horse in the mouth.

 

[ChesterBlue]

have you just rewatched the big short or something? I do not need an ISDA to short a stock lol

Amazon avoiding tax is not fraudulent it is perfectly legal, I don't agree with it but one of the biggest companies in the world isn't pulling a tax scam

If you know a company to be fraudulent and will eventually fail, well, don't look a gift horse in the mouth.

Again, I was specifically referencing debt markets which are often traded either as bonds, or OTC derivatives. I don’t need to watch the big short as I’ve had the misfortune of having worked with derivatives for the past 5/6 years (however that movie does a pretty good job of explaining them.)

Just because something is legal doesn’t mean it’s not fraudulent any further than if you are specifically saying it’s not *illegal*. What Amazon and apple do may be legal, but they are still effectively defrauding governments and states out of billions they should owe them. Additionally if you’re using Amazon as a example there is this:

FTC Sues Amazon for Illegally Maintaining Monopoly Power

The Federal Trade Commission and 17 state attorneys general today sued Amazon.com, Inc.

www.ftc.gov

Also if you “know a company to be fraudulent” then technically you would be breaking the law and committing insider trading yourself if you are acting on information which is not publicly available, and if it is publicly available then you’ll likely be too late to the party anyway.

 

[DuuuncanHadaPigeon]

Again, I was specifically referencing debt markets which are often traded either as bonds, or OTC derivatives. I don’t need to watch the big short as I’ve had the misfortune of having worked with derivatives for the past 5/6 years (however that movie does a pretty good job of explaining them.)

Just because something is legal doesn’t mean it’s not fraudulent any further than if you are specifically saying it’s not *illegal*. What Amazon and apple do may be legal, but they are still effectively defrauding governments and states out of billions they should owe them. Additionally if you’re using Amazon as a example there is this:

FTC Sues Amazon for Illegally Maintaining Monopoly Power

The Federal Trade Commission and 17 state attorneys general today sued Amazon.com, Inc.

www.ftc.gov

Also if you “know a company to be fraudulent” then technically you would be breaking the law and committing insider trading yourself if you are acting on information which is not publicly available, and if it is publicly available then you’ll likely be too late to the party anyway.

Tell me the difference between stupid and illegal and i'll have my wife's brother arrested

 

[peteblue]

I will have her a fight the useless peice of crap.
Don't normally hit woman but she is a member of this government so its fair game .
To make it fair she can have Mogg as well.

Tbh Edge, Mordaunt would batter you……