[ExI] Efficiency of algorithmic trading

[Mr Jones]

On Fri, Apr 29, 2011 at 1:48 PM, Jones Murphy <morphy at alumni.caltech.edu>wrote:

> Mr. Jones, your name is impressive, but your argument is not. If what
> you're saying is true, how do you explain the dramatic redistribution
> of wealth from rich to poor which occurred from FDR-Carter(scroll down
> to see the graph of the % of America's wealth held by the top 1%):
>
> http://extremeinequality.org/?page_id=8


To which I direct you here.
http://www.stanford.edu/group/scspi/cgi-bin/facts.php


>
>
> And do you seriously believe that Bernie Sanders, Dennis Kucinich and
> the Progressive Caucus(about 30% of Dems) are just like the Dems on
> their right, or even worse the Republicans?
>

There are a few who're worth their weight, but most politicians are
incompetent at best; most tend towards Sociopath.  Those few (Kucinich et
al) are often ineffectual against said moneyed interests (Koch bros, AIPAC,
Big Corps, etc).


>
> 2011/4/29 Mr Jones <mrjones2020 at gmail.com>:
> > On Fri, Apr 29, 2011 at 9:32 AM, Stefano Vaj <stefano.vaj at gmail.com>
> wrote:
> >>
> >> But if the system allows for its being played, or even worse for being
> >> played *legally*, I also suspect that what is wrong is the system. The
> >> rest is simply the mechanics of theory of games and Darwinism at play.
> >
> > What's wrong is the ones making the 'laws' are in the pockets of those
> > who've been winning the 'game' for decades/centuries. Laws/policy no
> longer
> > reflect what's in the best interest of individuals at large, but what's
> in
> > the best interest of the winners, and their government puppets
> > (election/re-election).
> > What we have is a plutocracy of republicrats.
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