tag:blogger.com,1999:blog-32487323.post7844320420262024469..comments2023-12-25T03:15:00.044-08:00Comments on Rants From The Rookery: From markets to mathellroonhttp://www.blogger.com/profile/11335409429673647381noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-32487323.post-683220800901311362012-08-15T19:03:14.625-07:002012-08-15T19:03:14.625-07:00Arggh. Ok, we need banksters to realize they are ...Arggh. Ok, we need banksters to realize they are killing the golden goose by strangling the middle class and the poor... no. <br /><br />Um.. I have it!! We need to clone Bernie Sanders and Elizabeth Warren and vote them into office in every branch of government! Only then will we get some people with intelligence into government....<br /><br />*sigh*...ellroonhttps://www.blogger.com/profile/11335409429673647381noreply@blogger.comtag:blogger.com,1999:blog-32487323.post-16888848342358993942012-08-14T20:27:04.351-07:002012-08-14T20:27:04.351-07:00And who will pull the plug? Banksters cannot contr...And who will pull the plug? Banksters cannot control themselves; therefore, they are controlled by (among other entities) the Fed, and who are the Fed but banksters, and who appoints the various Fed boards but banksters (supposedly to keep them independent of political control), etc. <i>ad nauseam</i>. Read Dean Baker's excellent short online book, <a href="http://www.cepr.net/index.php/publications/books/the-end-of-loser-liberalism" rel="nofollow">The End of Loser Liberalism</a> for a good summary of why and how we keep getting hammered by the anti-regulation banksters. It's going to be a tough road, and probably a long one.<br /><br />(Google is <b>LENGTHENING</b> the "dark" part of the CAPTCHA text, damn them!)Steve Bateshttps://www.blogger.com/profile/07587223243120009776noreply@blogger.comtag:blogger.com,1999:blog-32487323.post-70990783518318808152012-08-13T23:15:50.719-07:002012-08-13T23:15:50.719-07:00Their weird 'computer' formulas that allow...Their weird 'computer' formulas that allow them to whiz through trades in milliseconds need to stop. Banksters cannot regulate themselves, and they lose control when they see large piles of money. So pull the damned plug and make them go back to trading by telegraph. Or by horse.ellroonhttps://www.blogger.com/profile/11335409429673647381noreply@blogger.comtag:blogger.com,1999:blog-32487323.post-79556134705569335132012-08-13T20:27:47.337-07:002012-08-13T20:27:47.337-07:00Re: the animated GIF... I've read that the lar...Re: the animated GIF... I've read that the large trading firms have direct connections from their computers to the exchange computers, possibly even co-located to maximize transfer rates, so they can trade literally a thousand times faster than the fastest human on any kind of manual connection over the internet. <br /><br />Again, based on what I've read, on their own computers, the trading firms run proprietary software that (apparently, no one knows for sure) performs the equivalent of a trade per millisecond, but apparently they have the privilege of canceling a trade within a similarly short time... having noted the reaction of the market to the tentative trade.<br /><br />Now I'm talking through my hat, here, because nobody except the financial companies' executives (and of course programmers) really know. But the actual trades appear to flicker through the exchange computers at speeds imperceptible to the eye on a chart like the one you linked to. <br /><br />They can do it. We can't. Even if we regularly invest, we can't. It's a privilege for the MOTU, the 1%, the elite. Don't expect that we will have it anytime soon.Steve Bateshttps://www.blogger.com/profile/07587223243120009776noreply@blogger.com