Monopoly Gets Rid of the Jail Space
It's true! The new versions of the classic board game Monopoly will be getting rid of the pesky, old-school idea that monopolists, or capitalists should ever go to jail.
http://abcnews.go.com/blogs/extras/2013/07/25/instant-index-monopoly-game-getting-rid-of-jail/
They claim that it helps to speed the game up. I think it just brings the game up to date. What child of this century would ever be able to relate to the idea that "job creators" would ever go to prison?
Consider the case of Goldman Sachs, and their aluminum shuffle to inflate the cost of commodities and profit billions.
http://www.usnews.com/opinion/blogs/economic-intelligence/2013/07/24/how-goldman-sachs-and-wall-street-manipulate-alumnimum-and-other-commodities
"Supply bottlenecks in bank-owned warehouses are only one part of the story. Banks are central players in the financialization of commodity markets, the treatment of physical commodities as purely financial assets to be manipulated for trading and investment purposes, rather than inputs for the real economy.
The original purpose of markets in commodities and commodity derivatives was to ensure steady prices and consistent availability for real-economy users of commodities. But the selling of commodities as an inflation hedge and a retirement asset (over $440 billion in investor money has poured into commodity investment funds since 2004, as opposed to just $25 billion into equity funds) has transformed these markets, increasing price levels and price volatility, and opening up many opportunities for manipulation."
John Oliver of The Daily Show with John Stewart masterfully put it all in perspective last night:
http://www.rawstory.com/rs/2013/07/26/john-oliver-lambastes-goldman-sachs-for-screwing-america-without-fear-of-jail/
Video of the full section can be found at the end of the article.
It's just not illegal. It should be. It leaks much needed resources out of our fragile present-day economy for the sole profit of a few investors. But the law says that a certain volume of the aluminum just has to leave the warehouse every so often. So you shuffle the product from warehouse to warehouse, create a bottleneck, and delay the delivery, thus driving the price up, just a little. It's all a little complicated to explain, but follow along. You'll love it.
American law. It's amazing. We still believe that it's created to give us all "equal justice, under the law". And psychics and preachers still make millions. America, what a scam. Like I said before, " If crime doesn't pay, you're doing it wrong." Alphonse Capone was an amateur.
http://abcnews.go.com/blogs/extras/2013/07/25/instant-index-monopoly-game-getting-rid-of-jail/
They claim that it helps to speed the game up. I think it just brings the game up to date. What child of this century would ever be able to relate to the idea that "job creators" would ever go to prison?
Consider the case of Goldman Sachs, and their aluminum shuffle to inflate the cost of commodities and profit billions.
http://www.usnews.com/opinion/blogs/economic-intelligence/2013/07/24/how-goldman-sachs-and-wall-street-manipulate-alumnimum-and-other-commodities
"Supply bottlenecks in bank-owned warehouses are only one part of the story. Banks are central players in the financialization of commodity markets, the treatment of physical commodities as purely financial assets to be manipulated for trading and investment purposes, rather than inputs for the real economy.
The original purpose of markets in commodities and commodity derivatives was to ensure steady prices and consistent availability for real-economy users of commodities. But the selling of commodities as an inflation hedge and a retirement asset (over $440 billion in investor money has poured into commodity investment funds since 2004, as opposed to just $25 billion into equity funds) has transformed these markets, increasing price levels and price volatility, and opening up many opportunities for manipulation."
John Oliver of The Daily Show with John Stewart masterfully put it all in perspective last night:
http://www.rawstory.com/rs/2013/07/26/john-oliver-lambastes-goldman-sachs-for-screwing-america-without-fear-of-jail/
Video of the full section can be found at the end of the article.
It's just not illegal. It should be. It leaks much needed resources out of our fragile present-day economy for the sole profit of a few investors. But the law says that a certain volume of the aluminum just has to leave the warehouse every so often. So you shuffle the product from warehouse to warehouse, create a bottleneck, and delay the delivery, thus driving the price up, just a little. It's all a little complicated to explain, but follow along. You'll love it.
American law. It's amazing. We still believe that it's created to give us all "equal justice, under the law". And psychics and preachers still make millions. America, what a scam. Like I said before, " If crime doesn't pay, you're doing it wrong." Alphonse Capone was an amateur.
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