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Bill O'Reilly Flips Out -Hip Hop Remix |
| Bill O\\\'Reilly flips out -- the Rap / Hip Hop Remix! http://www.fuckenthingsucks.com | |
| Date: 2010-07-01 08:14:24 - Added by: KMC | |
| Views: 739 - Votes: 0 - Rating: 0 | |
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MSNBC's Dylan Ratigan: Stock market an obviously corrupt fraud |
| From the Raw Story: MSNBC?s Ratigan: Stock market an ?obviously corrupt? fraud By Daniel Tencer Wednesday, June 30th, 2010 -- 10:05 pm submit to reddit Stumble This! 179Share 22diggsdigg dylanratigan MSNBCs Ratigan: Stock market an obviously corrupt fraud On his afternoon show Tuesday, MSNBC host Dylan Ratigan explained why he believes the usual explanations given in the media for why the stock market went up or down on a given day are nonsense. \"Seventy percent of the volume [of trades on the stock market] is computers that are run by the banks playing ping pong with stocks for 10 seconds at at time,\" Ratigan said. \"The stock market at this point, which used to be a reflection of the future value of actual businesses in this country, has been turned by our government and our banks into little more than a paper shredding facility [about which] we can make up reasons why it goes up and down,\" Ratigan said. \"But when the computers ... at the banks are controlling the action, most everything else is kind of silly.\" Ratigan concluded that it\'s time to create an \"alternative investment structure\" that would allow people to invest their money without putting it \"into the obviously corrupt stock market in this country.\" Ratigan was referring to the relatively new phenomenon known as high-frequency trading: High-speed computer programs that are able to \"peek\" at stock trades less than a second before the trades are made. If the computer sees that a trade about to be made will raise the price of a particular stock, it can purchase the stock in the split-second before that trade is made. Story continues below... Many market observers say this \"games\" the entire stock market in favor of the large banks that practice high-frequency trading. Indeed, there is evidence that HFT has made the large investment banks much more profitable. As Ratigan mentioned, HFT is estimated to account for 70 percent of all the trading on the New York Stock Exchange. Mike Konczal at the Atlantic offers an analogy for high-frequency trading: Imagine if eBay had a rule where you could cancel your bid within 1 second. I put up some stuff on ebay, and you place a bid for it. Then I place a bid that is higher than the current bid to see if that becomes the new highest bid. If it is, I cancel it within milliseconds. Remember, I don\'t want to buy the product -- I just want to drive the price higher! This is similar to what critics of HFT think is going on; HFT is able to ping prices with bids that exist for only milliseconds to see how much other buyers are willing to pay to squeeze out the maximum profit. On May 6, 2010, when the Dow Jones unexpectedly plunged nearly 1,000 points, some observers blamed the sudden collapse -- which saw some companies\' shares plummet to nearly zero within seconds -- on high-frequency trading. Among those advocating that theory was Larry Leibowitz, COO of NYSE Euronext. But some other observers argued that the HFT programs had nothing to do with it, because they were shut down when the market panic set in. Among the leading voices opposing HFT is Sen. Chuck Schumer (D-NY), who last year called for restrictions on the practice. ?The hallmark of our markets are that they are open and above board and the little guy has as much of a chance as the big guy,? Schumer told the New York Times. ?This takes a dagger to the heart of that concept.? Earlier this month, the Commodity Futures Trading Commission announced that it\'s looking into placing restrictions on high-frequency trading. The following video was broadcast on MSNBC\'s The Dylan Ratigan Show, June 29, 2010, and was uploaded to YouTube by MoxNews. | |
| Date: 2010-07-01 07:40:49 - Added by: KMC | |
| Views: 804 - Votes: 5 - Rating: 5 | |
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Police Held G20 Protesters 20 Hours Without Water |
| Date: 2010-07-01 06:39:00 - Added by: KMC | |
| Views: 755 - Votes: 0 - Rating: 0 | |
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G20 Toronto Police Rape Threats + Strip Searched - Amy Miller |
| g20injustice | 29 June 2010 --- SEE THIS --- 0:57 ----------------- http://www.g20i.com --------------- ----------WHY IS this being IGNORED!!-------- Independent journalist Amy Miller speaks to media outside the Alternative Media Centre on Harbord Ave. on Monday. ---------------------------------------------------------------------- http://www.winnipegsun.com/news/g20/2... http://www.thestar.com/news/gta/artic... Personal Accounts: http://www.thestar.com/news/gta/toron... SEE THIS: http://www.thelinknewspaper.ca/articl... | |
| Date: 2010-07-01 06:22:43 - Added by: KMC | |
| Views: 772 - Votes: 1 - Rating: 5 | |
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CrossTalk on Freedom of Speech: I, Terrorist |
| RussiaToday | 30 June 2010 | 25 minutes In this edition of Peter Lavelle\\\\\\\\\\\\\\\'s CrossTalk, he asks his guest how to balance free speech while furthering peace efforts with groups deemed to be terrorists. | |
| Date: 2010-07-01 05:26:15 - Added by: KMC | |
| Views: 746 - Votes: 1 - Rating: 5 | |
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Death by Robot: Remote control wars |
| AlJazeeraEnglish | 29 Jun 2010 | Rated: TV-Y | 22 minutes On Tuesday\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\'s Riz Khan we look at the de-humanisation of war as robot combat gathers momentum, and we explore the legal implications of the latest advances in military technology. | |
| Date: 2010-07-01 05:05:12 - Added by: KMC | |
| Views: 755 - Votes: 0 - Rating: 0 | |
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The Horrible Truth About FADs: The End of Tuna in sight |
| GreenpeaceAustralia | 29 June 2010 | 1:50 http://www.greenpeace.org.au || | |
| Date: 2010-07-01 04:50:05 - Added by: KMC | |
| Views: 780 - Votes: 0 - Rating: 0 | |
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World News From The Middle East: Turkish & Israeli cooling relations |
| linktv | 29 June 2010 | 26 minutes Mosaic needs your support! http://www.linktv.org/contribute Mosaic is a Peabody Award-winning daily compilation of television news reports from the Middle East, including Egypt, Lebanon, Israel, Syria, the Palestinian Authority, Iraq and Iran. Produced for Link TV by Jamal Dajani. | |
| Date: 2010-07-01 01:54:14 - Added by: KMC | |
| Views: 775 - Votes: 0 - Rating: 0 | |
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VIRAL VIDEO: Police wait for Protesters to finish singing Canadian National Anthem & then charge |
| 27 June 2010 | 0:31 Peaceful G20 protest at Queen and Spadina. Full version: http://www.vimeo.com/12903946 | |
| Date: 2010-06-30 07:48:21 - Added by: KMC | |
| Views: 813 - Votes: 1 - Rating: 5 | |
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Prebunk'd! Media Repeat Already-Disproven Kagan Myths |
| mediamatters4america | 30 June 2010 | 2:14 http://mediamatters.org/sea... | |
| Date: 2010-06-30 06:22:17 - Added by: KMC | |
| Views: 747 - Votes: 0 - Rating: 0 | |
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