superior? bah!

whether the impetus for survival be cooperative or competitive, native cultures around the world and throughout history have been made extinct through attrition, disease and assimilation

to me, the question of why must be added to the what, who and how

h. sapiens of that time also knew how to live in harmony with nature... you see, the population of the entire earth, until the advent of agriculture, didn't break 1 million souls

if you don't like the implied speciesism, we can fast-forward a couple of decamillenium and look at what happened to europe's 'white indians' - do we mourn aspects of lost cultures and societies like those of the belgics, franks, jutes, picts, celts, angles, saxons, frisians, etc?

what happened to them? who did it? why did it happen?

did native american tribes engage in the same sort of behavior? yes, of course they did - they knew war, they knew rape, they knew genocide -- we can play a game if you like: name a common era tribal culture, and i'll do my best to discover which less successful tribes they dominated to extinction or complete assimilation

@longde

People e.g. engineering the Paypal backend contribute more to society than people e.g. doing simple tasks that would be easy to automate. California doesn't automate some areas like agriculture that the most efficient countries in Europe and Asia automate because we have so much more uneducable labor than those countries have.

More students going to college relative to 1985 doesn't mean more useful workers in society, it means more students studying dumb, easy areas of study. Silicon Valley always has a shortage of talented 21st century workers, regardless of the incredible compensation we offer.

Famine is a lack of successful agriculture - faster dripping from the bottom.
People aren't starving in lush fields and full employment.

Those where agriculture is succcessful it's no where near saturated or 100% efficient and waste and consumption has no controls on it what so ever.

Of course "the world" can handle more people.

It will create pressure for find and use food better. It will probably also force people to leave areas where food can't be grown to sustain them. All creatures migrate - it's national boarders which are unnatural.

This video is also mis-leading in saying the birth rate remains the same. In all countries which build a larger middle class the birth rate drops considerably. Most of Asia is well on the way to developing out of this '10 children per family' model.

@Creature

I think that argument is cherry picking the least social upper class jobs and comparing them against the most social lower class jobs.

There are just as many non-social low-end jobs as their are social low-end jobs... construction workers, dish washers, agriculture workers, factory workers, warehouse workers, delivery drivers... all non-social jobs.

However, if the difference really is just that upper class jobs are less social by nature, than the scientists are merely measuring a gap between social and non-social jobs, rather than some quality about being rich itself. So the study would more accurately be called: "Manual laborers and some rich people have less empathy than wealthy salesmen and some poor people."

I honestly dislike this pascalwageresque risk assessment argument. To me its as simple as:
a)There is overwhelming evidence supporting anthropogenic climate change.
b)Outcome of higher Co2 levels is complex and difficult to ascertain. - This, I feel, is the major sticking point.

I don't buy the end of the world scare stories. The history of life on this planet suggests its capable of surviving a very different atmosphere and abrupt changes. I also think Humans will find a way to adapt. I do however believe that changes over very short periods of time will result in quite profound levels of suffering. Land will be lost to the sea, dramatic changes in weather will ruin agriculture. Many species of plant and animal will likely die out. The last couple of centuries already looks like a mass extinction event. Humanity will be stressed, resource wars will occur with more frequency and ferocity. The developing world will be hit hardest, but the west will become less comfortable.

To me its just whether we collectively choose to inconvenience ourselves now, or suffer later. Given the wests lack of leadership and the general apathy of the population I think its probably going to be the latter. You can all me Malthus.

On topic, there needs to be a better ability to measure and monitor OTC derivative contracts, but I think generally people who sorely blame speculators don't understand how markets work.

Everything ultimately has a fundamental value, if speculators are taking excessive amounts of positions expecting the price to go up, ultimately it will rise far beyond levels determined by supply and demand for the physical good and these speculators will stand to lose in their derivative position.

What is their incentive to inflate prices if they know that this will happen? Why not simply attempt to predict the market price accurately, whether it is trending up or down? Now obviously bubbles happen and what the video says about property investors heading into food commodities may well be true, but that is precisely why shorters have a role in the market to push the price down if it gets over-inflated.

You know when the video talks about hedge funds betting in price falls? What they conveniently omit to mention is taking these contracts puts downward pressure on prices.

Furthermore, whether high or low food prices hurt people in developing economies depends on who you're talking about. People living in country areas who rely on farming for their livelihood tend to gain from higher prices, urban dwellers tend to lose from it.

Demand and supply is also quite obviously driving increases in prices regardless of what you believe about speculation.

1) As developing countries have become wealthier they've shifted from a grain/rice diet to a more meat reliant diet, which is far more agriculturally intensive.

2) It's pretty self evident that weather instability has increased worldwide which destabilises prices.

3) Increased use in bio-fuels both in the US and Europe has taken up supply and pushed up prices.

4) All of these factors have in several cases resulted in countries establishing temporary trade barriers which in itself push up prices.

Point is, it's easy (and not entirely rational) to blame speculators but analysing all the factors at play (which this video brushes off) paints a far more complex picture.

The point about global warming is that all the available evidence shows that:
1. It is happening
2. It is man-made.

Why is that a problem? well, because we dont know what the consequences could be, we dont know how to stop the rising temperature or if theres a limit or if or when we can reverse the trend.

All of the above could happen, or it might not, some of it may not be due to GW and some of it may be. The fact is that we are messing with earths ecosystem, which is the very reason we are here in the first place. We grew up and evolved as a species on this planet, under these conditions, how will a rapid(geologically rapid 100-200 years) change in climate affect us as a species? how will it affect millions of other species? How will it affect weather? viruses? diseases? deserts? forests?

We don't know

Thats the point. some of the above are possible consequences of global warming*.

*or some denialist pulled it out of their ass and put it on the web so that other denialists could impress us all with their extensive lists.

>> ^quantumushroom:

Enviro-statist alarmists claim that all of the following have been (or will be) caused by global warming.

Agricultural land increase, Africa devastated, African aid threatened, air pressure changes, Alaska reshaped, allergies increase, Alps melting, Amazon a desert, American dream end, amphibians breeding earlier (or not), ancient forests dramatically changed, Antarctic grass flourishes, anxiety, algal blooms, Arctic bogs melt, Asthma, atmospheric defiance, atmospheric circulation modified, avalanches reduced, avalanches increased, bananas destroyed, bananas grow, better beer, big melt faster, billion dollar research projects, billions of deaths, bird distributions change, birds return early, blackbirds stop singing, blizzards, blue mussels return, boredom, Britain Siberian, British gardens change, bubonic plague, budget increases, building season extension, bushfires, business opportunities, business risks, butterflies move north.
Cardiac arrest, caterpillar biomass shift, challenges and opportunities, Cholera, civil unrest, cloud increase, cloud stripping, cod go south, cold climate creatures survive, cold spells (Australia), computer models, conferences, coral bleaching, coral reefs dying, coral reefs grow, coral reefs shrink , cold spells, cost of trillions, crumbling roads, buildings and sewage systems, cyclones (Australia), damages equivalent to $200 billion, Dengue hemorrhagic fever, dermatitis, desert advance, desert life threatened, desert retreat, destruction of the environment, diarrhoea, disappearance of coastal cities, diseases move north, Dolomites collapse, drought, drowning people, ducks and geese decline, dust bowl in the corn belt.
Early spring, earlier pollen season, Earth biodiversity crisis, Earth dying, Earth even hotter, Earth light dimming, Earth lopsided, Earth melting, Earth morbid fever, Earth on fast track, Earth past point of no return, Earth slowing down, Earth spinning out of control, Earth to explode, earth upside down, Earth wobbling, earthquakes, El NiZo intensification, erosion, emerging infections, encephalitis, Europe simultaneously baking and freezing, evolution accelerating, expansion of university climate groups, extinctions (human, civilisation, logic, Inuit, smallest butterfly, cod, ladybirds, bats, pandas, pikas, polar bears, pigmy possums, gorillas, koalas, walrus, whales, frogs, toads, turtles, orang-utan, elephants, tigers, plants, salmon, trout, wild flowers, woodlice, penguins, a million species, half of all animal and plant species, less, not polar bears), experts muzzled, extreme changes to California.
Famine, farmers go under, figurehead sacked, fish catches drop, fish catches rise, fish stocks decline, five million illnesses, floods, Florida economic decline, food poisoning, food prices rise, food security threat (SA), footpath erosion, forest decline, forest expansion, frosts, fungi invasion, Garden of Eden wilts, genetic diversity decline, gene pools slashed, glacial retreat, glacial growth, glacier wrapped, global cooling, global dimming, glowing clouds, Gore omnipresence, grandstanding, grasslands wetter, Great Barrier Reef 95% dead, Great Lakes drop, greening of the North, Gulf Stream failure, habitat loss, Hantavirus pulmonary syndrome, harvest increase, harvest shrinkage, hay fever epidemic, hazardous waste sites breached, heat waves, hibernation ends too soon, hibernation ends too late, high court debates, human fertility reduced, human health improvement, human health risk, hurricanes, hydropower problems, hyperthermia deaths.
Ice sheet growth, ice sheet shrinkage, inclement weather, infrastructure failure (Canada), Inuit displacement, Inuit poisoned, Inuit suing, industry threatened, infectious diseases, insurance premium rises, invasion of midges, island disappears, islands sinking, itchier poison ivy, jellyfish explosion, Kew Gardens taxed, krill decline, lake and stream productivity decline, landslides, landslides of ice at 140 mph, lawsuits increase, lawsuit successful, lawyers’ income increased (surprise, surprise!), lightning related insurance claims, little response in the atmosphere, Lyme disease.
Malaria, malnutrition, Maple syrup shortage, marine diseases, marine food chain decimated, marine dead zone, Meaching (end of the world), megacryometeors, Melanoma, methane emissions from plants, methane burps, melting permafrost, Middle Kingdom convulses, migration, migration difficult (birds), microbes to decompose soil carbon more rapidly, more bad air days, more research needed, mountain (Everest) shrinking, mountains break up, mountains taller, mudslides, next ice age, Nile delta damaged, no effect in India, nuclear plants bloom, oaks move north, ocean acidification, outdoor hockey threatened, oyster diseases, ozone loss, ozone repair slowed, ozone rise.
Pacific dead zone, personal carbon rationing, pest outbreaks, pests increase, phenology shifts, plankton blooms, plankton destabilised, plankton loss, plant viruses, plants march north, polar bears aggressive, polar bears cannibalistic, polar bears drowning, polar bears starve, polar tours scrapped, psychosocial disturbances, railroad tracks deformed, rainfall increase, rainfall reduction, refugees, reindeer larger, release of ancient frozen viruses, resorts disappear, rice yields crash, rift on Capitol Hill, rioting and nuclear war, rivers raised, rivers dry up, rockfalls, rocky peaks crack apart, roof of the world a desert, Ross river disease.
Salinity reduction, salinity increase, Salmonella, salmon stronger, sea level rise, sea level rise faster, sex change, sharks booming, shrinking ponds, ski resorts threatened, slow death, smog, snowfall increase, snowfall reduction, societal collapse, songbirds change eating habits, sour grapes, spiders invade Scotland, squid population explosion, squirrels reproduce earlier, spectacular orchids, stormwater drains stressed.
Taxes, tectonic plate movement, terrorism, ticks move northward (Sweden), tides rise, tourism increase, trade winds weakened, tree beetle attacks, tree foliage increase (UK), tree growth slowed, trees could return to Antarctic, trees less colourful, trees more colourful, tropics expansion, tropopause raised, tsunamis, turtles lay earlier, UK Katrina, Venice flooded, volcanic eruptions.
Walrus pups orphaned, war, wars over water, water bills double, water supply unreliability, water scarcity (20% of increase), water stress, weather out of its mind, weather patterns awry, weeds, Western aid cancelled out, West Nile fever, whales move north, wheat yields crushed in Australia, white Christmas dream ends, wildfires, wind shift, wind reduced, wine - harm to Australian industry, wine industry damage (California), wine industry disaster (US), wine - more English, wine -German boon, wine - no more French , winters in Britain colder, wolves eat more moose, wolves eat less, workers laid off, World bankruptcy, World in crisis, Yellow fever.

Enviro-statist alarmists claim that all of the following have been (or will be) caused by global warming.


Agricultural land increase, Africa devastated, African aid threatened, air pressure changes, Alaska reshaped, allergies increase, Alps melting, Amazon a desert, American dream end, amphibians breeding earlier (or not), ancient forests dramatically changed, Antarctic grass flourishes, anxiety, algal blooms, Arctic bogs melt, Asthma, atmospheric defiance, atmospheric circulation modified, avalanches reduced, avalanches increased, bananas destroyed, bananas grow, better beer, big melt faster, billion dollar research projects, billions of deaths, bird distributions change, birds return early, blackbirds stop singing, blizzards, blue mussels return, boredom, Britain Siberian, British gardens change, bubonic plague, budget increases, building season extension, bushfires, business opportunities, business risks, butterflies move north.

Cardiac arrest, caterpillar biomass shift, challenges and opportunities, Cholera, civil unrest, cloud increase, cloud stripping, cod go south, cold climate creatures survive, cold spells (Australia), computer models, conferences, coral bleaching, coral reefs dying, coral reefs grow, coral reefs shrink , cold spells, cost of trillions, crumbling roads, buildings and sewage systems, cyclones (Australia), damages equivalent to $200 billion, Dengue hemorrhagic fever, dermatitis, desert advance, desert life threatened, desert retreat, destruction of the environment, diarrhoea, disappearance of coastal cities, diseases move north, Dolomites collapse, drought, drowning people, ducks and geese decline, dust bowl in the corn belt.

Early spring, earlier pollen season, Earth biodiversity crisis, Earth dying, Earth even hotter, Earth light dimming, Earth lopsided, Earth melting, Earth morbid fever, Earth on fast track, Earth past point of no return, Earth slowing down, Earth spinning out of control, Earth to explode, earth upside down, Earth wobbling, earthquakes, El NiZo intensification, erosion, emerging infections, encephalitis, Europe simultaneously baking and freezing, evolution accelerating, expansion of university climate groups, extinctions (human, civilisation, logic, Inuit, smallest butterfly, cod, ladybirds, bats, pandas, pikas, polar bears, pigmy possums, gorillas, koalas, walrus, whales, frogs, toads, turtles, orang-utan, elephants, tigers, plants, salmon, trout, wild flowers, woodlice, penguins, a million species, half of all animal and plant species, less, not polar bears), experts muzzled, extreme changes to California.

Famine, farmers go under, figurehead sacked, fish catches drop, fish catches rise, fish stocks decline, five million illnesses, floods, Florida economic decline, food poisoning, food prices rise, food security threat (SA), footpath erosion, forest decline, forest expansion, frosts, fungi invasion, Garden of Eden wilts, genetic diversity decline, gene pools slashed, glacial retreat, glacial growth, glacier wrapped, global cooling, global dimming, glowing clouds, Gore omnipresence, grandstanding, grasslands wetter, Great Barrier Reef 95% dead, Great Lakes drop, greening of the North, Gulf Stream failure, habitat loss, Hantavirus pulmonary syndrome, harvest increase, harvest shrinkage, hay fever epidemic, hazardous waste sites breached, heat waves, hibernation ends too soon, hibernation ends too late, high court debates, human fertility reduced, human health improvement, human health risk, hurricanes, hydropower problems, hyperthermia deaths.

Ice sheet growth, ice sheet shrinkage, inclement weather, infrastructure failure (Canada), Inuit displacement, Inuit poisoned, Inuit suing, industry threatened, infectious diseases, insurance premium rises, invasion of midges, island disappears, islands sinking, itchier poison ivy, jellyfish explosion, Kew Gardens taxed, krill decline, lake and stream productivity decline, landslides, landslides of ice at 140 mph, lawsuits increase, lawsuit successful, lawyers’ income increased (surprise, surprise!), lightning related insurance claims, little response in the atmosphere, Lyme disease.

Malaria, malnutrition, Maple syrup shortage, marine diseases, marine food chain decimated, marine dead zone, Meaching (end of the world), megacryometeors, Melanoma, methane emissions from plants, methane burps, melting permafrost, Middle Kingdom convulses, migration, migration difficult (birds), microbes to decompose soil carbon more rapidly, more bad air days, more research needed, mountain (Everest) shrinking, mountains break up, mountains taller, mudslides, next ice age, Nile delta damaged, no effect in India, nuclear plants bloom, oaks move north, ocean acidification, outdoor hockey threatened, oyster diseases, ozone loss, ozone repair slowed, ozone rise.

Pacific dead zone, personal carbon rationing, pest outbreaks, pests increase, phenology shifts, plankton blooms, plankton destabilised, plankton loss, plant viruses, plants march north, polar bears aggressive, polar bears cannibalistic, polar bears drowning, polar bears starve, polar tours scrapped, psychosocial disturbances, railroad tracks deformed, rainfall increase, rainfall reduction, refugees, reindeer larger, release of ancient frozen viruses, resorts disappear, rice yields crash, rift on Capitol Hill, rioting and nuclear war, rivers raised, rivers dry up, rockfalls, rocky peaks crack apart, roof of the world a desert, Ross river disease.

Salinity reduction, salinity increase, Salmonella, salmon stronger, sea level rise, sea level rise faster, sex change, sharks booming, shrinking ponds, ski resorts threatened, slow death, smog, snowfall increase, snowfall reduction, societal collapse, songbirds change eating habits, sour grapes, spiders invade Scotland, squid population explosion, squirrels reproduce earlier, spectacular orchids, stormwater drains stressed.

Taxes, tectonic plate movement, terrorism, ticks move northward (Sweden), tides rise, tourism increase, trade winds weakened, tree beetle attacks, tree foliage increase (UK), tree growth slowed, trees could return to Antarctic, trees less colourful, trees more colourful, tropics expansion, tropopause raised, tsunamis, turtles lay earlier, UK Katrina, Venice flooded, volcanic eruptions.

Walrus pups orphaned, war, wars over water, water bills double, water supply unreliability, water scarcity (20% of increase), water stress, weather out of its mind, weather patterns awry, weeds, Western aid cancelled out, West Nile fever, whales move north, wheat yields crushed in Australia, white Christmas dream ends, wildfires, wind shift, wind reduced, wine - harm to Australian industry, wine industry damage (California), wine industry disaster (US), wine - more English, wine -German boon, wine - no more French , winters in Britain colder, wolves eat more moose, wolves eat less, workers laid off, World bankruptcy, World in crisis, Yellow fever.

@Lawdeedaw We're 14 Trillion in debt; FEMA does not even make up 1% of that, to help people who have been befallen by unforseen disasters. Farm subsidies make up many times what is spent on FEMA every year, and actually do create a chronic dependency on the government and distort the agricultural market.

To be such a constitutionalist, what part of "..... insure domestic Tranquility, provide for the common defence, promote the general Welfare,..... " does he not understand? If helping people in a sudden natural disaster is not promoting domestic tranquility and general welfare of citizens, then what, pray tell, the hell is?

Helping people whose homes have been destroyed by a hurricane or tornado is creating dependency? What a selfish fuck he is.

I often wonder about that and fast food. Maybe you've heard of the cheeseburger bill before, maybe not. And while Super Size Me seemed a bit exaggerated at times the results he was getting from his doctor were SCARY. And while things like cigarettes and alcohol come with warnings from the surgeon general, fast food, in spite of the evidence that it's horrible for you, is protected by the aforementioned bill AND the public is under-educated about how dangerous it really is.

It's just a matter of time before we move on to soylent green for the masses. Oh wait...

In reply to this comment by peggedbea:
the cost of food isn't high enough yet. historically, people are generally complacent with letting the ruling class do whatever as long as they can afford food and expect a reasonably brighter future. i wonder if part of the reason we subsidize agriculture is to keep food prices artificially low longer to avoid social unrest. and then there's fast food. which consistently remains cheap. my paranoid brain is starting to formulate fast food as social control conspiracies. also, google holodomor. and think about monsanto.

i think we've all given up on the "brighter future" part... and food prices keep fluctuating.. it's coming though, don't worry. the rest of us will join you soon. as soon as we can no longer afford a mcrib. >> ^rottenseed:

Why isn't USAmerica rioting? I am. It's just me though.

I don't think you're that far off. That seems like a reasonable hypothesis. Another thing that comes into play are our affordable "luxuries". Cable TV, microwaves, dishwashers, heating/AC...these things are now things that we risk by protesting/revolting. Why go outside and get shot at when we can watch Cosby reruns for hours on end?>> ^peggedbea:

the cost of food isn't high enough yet. historically, people are generally complacent with letting the ruling class do whatever as long as they can afford food and expect a reasonably brighter future. i wonder if part of the reason we subsidize agriculture is to keep food prices artificially low longer to avoid social unrest. and then there's fast food. which consistently remains cheap. my paranoid brain is starting to formulate fast food as social control conspiracies. also, google holodomor. and think about monsanto.
i think we've all given up on the "brighter future" part... and food prices keep fluctuating.. it's coming though, don't worry. the rest of us will join you soon. as soon as we can no longer afford a mcrib. >> ^rottenseed:
Why isn't USAmerica rioting? I am. It's just me though.

the cost of food isn't high enough yet. historically, people are generally complacent with letting the ruling class do whatever as long as they can afford food and expect a reasonably brighter future. i wonder if part of the reason we subsidize agriculture is to keep food prices artificially low longer to avoid social unrest. and then there's fast food. which consistently remains cheap. my paranoid brain is starting to formulate fast food as social control conspiracies. also, google holodomor. and think about monsanto.

i think we've all given up on the "brighter future" part... and food prices keep fluctuating.. it's coming though, don't worry. the rest of us will join you soon. as soon as we can no longer afford a mcrib. >> ^rottenseed:

Why isn't USAmerica rioting? I am. It's just me though.

@NetRunner

The 10% unemployment rate is a fiction... it doesn't include hidden unemployment that doesn't get counted in the official government statistics: people who want work but have stopped looking, and people who have part-time jobs but want full-time jobs. Also, people living off of disability payments soars during economic downturns because they tend to work when it's easy to find a job, but rely on the government when it's difficult to get a job.

In general, working to counter a fictional alien threat isn't as comparatively inefficient as it sounds, because our economy is already a fiction... many people have jobs that don't really need to be done, but we figure we might as well pay them for it anyway. For example, the US doesn't use labor-saving agricultural innovations that are used in other parts of the world because we have endless supplies of workers who can't easily be trained to do 21st century work.

In Silicon Valley, the unemployment rate is about as low as possible because the world can never have enough talented 21st century workers.

@westy

Yes nearly every business tries to game the system that's the point of capitalism and that's why it will always fail ( im not on about simply ballencing your books and deprecaiting assets and playing that sytem , evan though that is gamed in the same way) I'm on about the system at large , surely you can see the difference between a butcher and a company that offers high interest loans to desperate people , when instead of offering the loan the ethical thing would be for them to tell them to contact citizens advice ?

I don't think capitalism (by which I mean a regulated but moderately free market) will fail as (at least so far) it's provided the best manner of funneling people's naturally selfish/nepotistic tendencies in a productive way.

Let's be clear here, generally brokers were responsible for writing subprime loans with botched (or outright false) assessments of income and capacity to pay. These brokers were essentially gaming the investment banks (like Bear Sterns) into buying fraudulent securitised loans. Bear Sterns along with Lehman Brothers didn't survive and many other banks got taken over. There was clear motivation for them to perform more due diligence and they paid for their mistakes by going bankrupt or being taken over. The credit rating agencies and the insurers who backed CDOs also had poor judgement. My point is, the people who benefited from writing these bad loans weren't the banks.

thats the piont im making , you can have companies that game the system but also privde a service but the people that have caused this economic crisis are people that are at the pinicale of gaming the system and do not care to provide a service and purely participate to game the system purely exist to make money at whatever cost to society.

They're not gaming the system if they're going bankrupt. You know as well as I do that banks borrow money from those with savings and selectively lend them out to generally good investments thus creating economic growth and jobs. Let's not get carried away with populism here.

luckily we have people that are ethical and don't just think of the profit bottom line , but in general you will see that a good proportion of those successful at business and profiting are ones that couldn't give a shit about other people or there effect on the environment.

The difference between the butcher and a large financial institution is size. If this was a national specialty chain business, you can bet that they would be lobbying their congressman and receiving favors and payouts. Don't get me wrong, I'm not for crony capitalism and I understand that banks weild considerable leverage over the economy and politicians. They should be more regulated commensurate to their significance and intractability with the economy, particularly shadow banking system (securitisation of loans and credit derivatives) should be regulated to prevent crises. This is a failure of regulation though, not a failure of banking in general. As I mentioned, every large industry/corporate body curries favors.

"Either way they are both pretty beneficial to a functioning economy"

so the bankers that turned a blind eye to the toxit assits were beneficail to the econimy ?

how about the lobiests and deregulation that made it possable ?
what about the real estate agents that knew the people they were selling the houses to could not maintain the mortgage?

What about the marketeers that designed the sales materail to obscure the mortgage rates to hide the fact that they would increase and specifcaly designed the brouchers and trained the sales teams to exploit unknowlageable people ?

No they weren't and many of their businesses went out of business. These are all issues of regulation. Corporations (as opposed to say partnerships) are by legal design geared towards maximising profit. If you come in with expectations that any corporation will not do this, you are making flawed assumptions.

"hedge funds don't gamble shares, they trade them based on discrepancies between actual price and fundamentals"

Defanitoin of Gambling from Wikipedia - "Gambling is the wagering of money or something of material value (referred to as "the stakes") on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods."

something doesn't have to have unfavourable odds to be considered gambling for example there are many professional gamblers that make a living of horse betting , and in that exact same way there are many people that profestinaly gamble on the stock market , and I would argue that they are themselfs not providing a use to socity. I would however contrast that against sum-one that invests in a company because that company is doing good or employs many people or is developing beneficial technpligy.

the problem is in general capitalism in its current form is fucked , and i belive we need to move towards something that is what I would describe as a

"democratic socialist capitalist system" where we have as free a market as possable and that is achived through democratic regulation guided by socialist princapels. so you try to give every citizen as equal a chance as possible at having free will and succeeding in what they want to do.

the current system allows the top 10% fantastic freedom and chances but at the expense of the majorty of people.

It's not a wager of value, it's a transfer of value. Which is critically what makes it different from gambling. If you have agricultural produce and you want to hedge the risk that your harvest will go down in value when it comes to fruition, it's typically an investment bank/hedge fund/commercial bank that takes the counterparty position. Without someone taking that counterparty position, you couldn't eliminate your risk of a fall in prices. If someone buys a newly listed share of your company, they're contributing to your capacity to invest and pay wages. During the process of gambling before someone is declared the winner, there is no value being created. That's a pretty crucial difference. The main point is though that banking creates value, hopefully I've already illustrated that beforehand.

I don't disagree with what you're saying at the end, but as far as I'm concerned you should be resentful towards campaign finance rules. Instead, it's like trying to treat the symptom not the cause.

dannym3141:

Claiming that people should stop burning fossil fuels would HEAVILY dent the income of just about every country because of how much tax they can charge from it. Britain's economy is almost based on fossil fuel tax. How can you possibly argue that they are a politically influenced source over fossil fuel use when they criticise such a money earner?

Politics aside, fossil fuels remain the cheapest, most abundant source of energy, and new supplies of it are being discovered all the time. I never said people should stop burning them.

I hesitate to even mention that "science" as a global community is above reproach in ways that hardly anything else can be due to the method of a scientist. If you are not performing science for truth and discovery, you are not a scientist, so you're not part of the community anymore. That's why it's above reproach. I'm sure you'll argue with me about that, but i know that you'd argue about the time of day if you were proven to be wrong.

I'm not arguing, but I am astonished you would believe scientists are above politics (and reproach), not because the scientific method is flawed, but because scientists are fallible humans with their own beliefs and interests. As W. Pennypacker said in so many words, governments reward scientists which confirm a pre-determined outcome (like secondhand smoke killing 100 billion people a year). Junk science is real; it may not be everywhere, but it's out there. And not just "the oil companies" which have "scientitians" in their corner.

Another thing, gang. Over the last few years, global warming hysteria has been relentless. It's the alarmists who declared, "The debate is over." There was even one smug a-hole who compared "climate deniers" to Holocaust deniers. Classy! There was the faked data scandal. These are not the actions of scientists confident in their conclusions. Yet the lazy media continues to back the alarmists without question.

100 storylines blaming climate change as the problem:

1. The deaths of Aspen trees in the West
2. Incredible shrinking sheep
3. Caribbean coral deaths
4. Eskimos forced to leave their village
5. Disappearing lake in Chile
6. Early heat wave in Vietnam
7. Malaria and water-borne diseases in Africa
8. Invasion of jellyfish in the Mediterranean
9. Break in the Arctic Ice Shelf
10. Monsoons in India
11. Birds laying their eggs early
12. 160,000 deaths a year
13. 315,000 deaths a year
14. 300,000 deaths a year
15. Decline in snowpack in the West
16. Deaths of walruses in Alaska
17. Hunger in Nepal
18. The appearance of oxygen-starved dead zones in the oceans
19. Surge in fatal shark attacks
20. Increasing number of typhoid cases in the Philippines
21. Boy Scout tornado deaths
22. Rise in asthma and hayfever
23. Duller fall foliage in 2007
24. Floods in Jakarta
25. Radical ecological shift in the North Sea
26. Snowfall in Baghdad
27. Western tree deaths
28. Diminishing desert resources
29. Pine beetles
30. Swedish beetles
31. Severe acne
32. Global conflict
33. Crash of Air France 447
34. Black Hawk Down incident
35. Amphibians breeding earlier
36. Flesh-eating disease
37. Global cooling
38. Bird strikes on US Airways 1549
39. Beer tastes different
40. Cougar attacks in Alberta
41. Suicide of farmers in Australia
42. Squirrels reproduce earlier
43. Monkeys moving to Great Rift Valley in Kenya
44. Confusion of migrating birds
45. Bigger tuna fish
46. Water shortages in Las Vegas
47. Worldwide hunger
48. Longer days
49. Earth spinning faster
50. Gender balance of crocodiles
51. Skin cancer deaths in UK
52. Increase in kidney stones in India
53. Penguin chicks frozen by global warming
54. Deaths of Minnesota moose
55. Increased threat of HIV/AIDS in developing countries
56. Increase of wasps in Alaska
57. Killer stingrays off British coasts
58. All societal collapses since the beginning of time
59. Bigger spiders
60. Increase in size of giant squid
61. Increase of orchids in UK
62. Collapse of gingerbread houses in Sweden
63. Cow infertility
64. Conflict in Darfur
65. Bluetongue outbreak in UK cows
66. Worldwide wars
67. Insomnia of children worried about global warming
68. Anxiety problems for people worried about climate change
69. Migration of cockroaches
70. Taller mountains due to melting glaciers
71. Drowning of four polar bears
72. UFO sightings in the UK
73. Hurricane Katrina
74. Greener mountains in Sweden
75. Decreased maple in maple trees
76. Cold wave in India
77. Worse traffic in LA because immigrants moving north
78. Increase in heart attacks and strokes
79. Rise in insurance premiums
80. Invasion of European species of earthworm in UK
81. Cold spells in Australia
82. Increase in crime
83. Boiling oceans
84. Grizzly deaths
85. Dengue fever
86. Lack of monsoons
87. Caterpillars devouring 45 towns in Liberia
88. Acid rain recovery
89. Global wheat shortage; food price hikes
90. Extinction of 13 species in Bangladesh
91. Changes in swan migration patterns in Siberia
92. The early arrival of Turkey’s endangered caretta carettas
93. Radical North Sea shift
94. Heroin addiction
95. Plant species climbing up mountains
96. Deadly fires in Australia
97. Droughts in Australia
98. The demise of California’s agriculture by the end of the century
99. Tsunami in South East Asia
100. Fashion victim: the death of the winter wardrobe


Do you really expect free people to surrender to THIS?