The husband of a friend was supposed to be partner in charge of all the oil business audits for
Arthur Anderson in Houston, but the managing partner of that office ordered him hands off of
Enron and he apparently didn't suspect the reason until it was too late.

Remember, Enron was a SCREAMING BUY until it wasn't.
Average investors CANNOT MOVE the market. They can (Robin Hood) band together against shorts.
But what happened? The companies UNWOUND their trades.

The corruption in the markets is on full display. Just like people selling MILLIONS of Ounces of Gold "paper" (contracts) in the same 5 minute window is not normal. It is pure price manipulation. Now it is happening in OIL to prevent longs from getting their profit. How do we know... Well, they RAISED the margin requirements for holding Long Oil Futures. Hmmm. Forcing SMALL traders to exit. Usually for a loss they can SEE on their screens.

I've worked inside the industry and left quickly. Dark Pools of sell/buy orders.
Deals done OUTSIDE The market, but after the market, the trades are entered as an ADJUSTMENT.
Watch some of theses tocks at 3:59, volume was 12Million shares. at 4pm (or close), suddenly 36 Million shares traded without affecting price.

The government is about to pull a fast one on ALL of that JUICY 401(k) and IRA money.
Right now, they are encouraging ROTH Conversions so much...
That I fear that we will see them TAX ROTH withdrawals.

Finally, we cannot even follow the trades of Buffet. He is allowed to buy directly from the company with special deals. He loans them money, and gets "options" to buy their stock below market.
WHEN they recover, he is golden. If they do not, he is a creditor and not a shareholder.

Only Congress can consistently make money in the markets... LOL

The Lake America line is a great set-up for Donald Ducks.

Porter Wagoner should be in the gang greeting Dolly.

Agree completely. Changing the lake's name is a waste of attention. Donald Ducks though? Hilarious!

Thanks. As to meeting, I'm in upstate NY.

"If what you do causes substantial harm to another without their consent, that violates their rights. You have forced harm on them."

Amen

Would love to have a coffee (or beer) with you sometime.

And as ironically so much for the sacred lib cow of diversity for a viewing American public.

I really enjoyed reading this article. It was entertaining and on point. Its market savvy is a good lesson for us all. The side note is how AI can lie to us as humans lie to the data base it mines for answers to our queries.

...and the Land-O-Lakes Indian girl got thrown under the bus, too. Bummer!

It would be funnier if the car were "doing" actual donuts.

Statistically, the healthiest and longest-lived people in the US are the Amish, who refuse to use the medical industry at all. I do not think this is a coincidence.

The lesson we should have learned from COVID and especially from its so-called vaccines is that the medical industry is not about making or keeping you healthy. It is to develop and spread diseases so that it can get paid for treating them, over as long a time as possible. (It also has plenty of "scientists" like Bill Gates who would like to see most of the world dead.) The Wuhan facility was and is a bio-weapons lab, and we're lucky that COVID got accidentally released before it was made as potent as the developers intended.

Rand advocated reason, logic, and the scientific method. None of which is the same thing as accepting whatever the credentialed class tells us as fact. The environmental movement should have already taught us for all time never to trust organizations like the State Science Institute.

The genus Homo is the only known species to have developed tools that have impacted their evolutionary path. From the chipped and sharpened spearheads of Homo Habilis, to the development of controlled fire by Homo Erectus, onto the conversion of the pottery wheel to a tool of transportation by Homo Sapiens, the effect was to make the individual physically stronger and more productive. When I was young, household appliances were marketed as “labor saving” devices. But the possibility exists that, if labor saving devices become so widespread that the need for physical labor disappears entirely, the Human race might become physically weaker.

The same applies to the intellectual realm. From the proto-abacus of the Mesopotamians to Charles Babbage's Analytical Engine (Ada Lovelace was the first programmer) and onto AI, the individual was enabled to expand their knowledge of myriad fields of inquiry to almost godlike levels. But the comparison to the physical realm above holds. It’s possible for Humans to become so dependent on Machine learning computers that they lose their creativity, curiosity, and imagination. They might be consigned to the fate of the Eloi in G. H. Wells The Time Machine.

As to evolution, it is impossible to do a statistical analysis with a population of one. Hence no one has developed a Universal Theory of Evolutionary Appearance and Extinction. We may well be on the verge of extinction. We may be remembered as the first species to have created our replacement species viz. Homo Machina.

As to the Brit royalty - mccannon said it best - we settled that one about 250 yrs ago!

THAT is an apt simile! Well said '73.....

Convertible

No, it's simple. If what you do causes substantial harm to another without their consent, that violates their rights. You have forced harm on them.

We affect others in many ways, but few of those are substantial. Meanwhile, we have lots of intended, voluntary interactions that we benefit from immensely.

It seems to me you are arguing for the notion that doing anything anytime anywhere is an act of violating someone's rights in one fashion or another. I don't buy it.

R.I.P. Dolly! I don't give a tinker's dam about whiny Brit royalty - that was settled around here 250 years ago. Donald ducks are a hoot, but I want to keep the name "Ontario". If I recall correctly it is an Iroquois name given to that body of water long before the White man showed up and it means "sparkling waters". It isn't named after the Canadian province of Ontario and, as far as I know, the province may have been named after the lake. I figure Trump meant to spoof the Canadian government and is humorous, but the spoof has gone far enough. Disclosure: I live on the southern shore of Lake Ontario. Thank you again, OUC, for a great start to my Sunday!

Yes, there is a difference between murder and manslaughter, for instance. But both are rights-violations.

That's my point. Say you infect someone and make them sick. If you meant to do so, that's especially bad, but that you did so is a rights violation whether you meant to or not.

Perhaps you may have to pay my medical bills, but the law understands the difference between accident and malicious intent (usually). If you intentionally ran me over you would likely get charged with a criminal act and serve time above the financial restitution.

Grippy tires won't help when the front end gets lite. Zora Duntov once said that the '63 Corvette had just enough lift to be a bad airplane. ]i[
.

Reminds me of how cold it got and you had to sleep with 3 dogs to keep from freezing to death. I least that's what I heard.

There's a website that gives the location of the cameras. Not sure if it's just Flock or all brands
Just Google it.

All good and they hit the two major News highlights of the week. The only other highlight could be the Venezuela oil deal unless Trump made another score today.