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There are high-ranking government officials openly insider trading without any investigations. We have a woman who's been sentenced for sexual trafficking of mi

There are high-ranking government officials openly insider trading without any investigations. We have a woman who's been sentenced for sexual trafficking of minors to virtually "nobody in particular". We now have multiple massive crypto scams go completely over everyone's head because it's "internet nerd money". This complete inaction on behalf of authorities is really starting to feel like any actual wrongdoing assumed by a normal person is just a whacky conspiracy theory that gets swept under the rug because nobody is getting punished for anything when the trail seemingly leads to "the establishment" or whatever you might call it. I mean, I feel a little kooky just typing all of this out.

SoftTalker 4y ago
It's always been this way. You just never knew it because it wasn't covered by the very narrow view of the world that the legacy news media presented.
- revolvingocelot 4y ago
  No, it hasn't always been this way. The "legacy news media" itself hasn't always been this way: 40 years ago, 50 or so companies controlled 90% of American media. Now, 6 companies control 90% of American media. "This is extremely dangerous to our democracy," just like all the newscasters simultaneously say on all the different channels at once. [0] It's always been the case that Power tends to do whatever it wants, but Power is usually polite to other Powerful entities. When enough of them are at the same table, they tend to keep their elbows tucked in, but when it's too centralized people start talking about lebensraum. [0] https://www.youtube.com/watch?v=ZggCipbiHwE https://www.youtube.com/watch?v=ZggCipbiHwE
- aeternum 4y ago
  Yes, and if anyone doubts it I'd recommend "Confessions of a Wall Street Analyst". A retired analyst/trader really lays out how much insider trading there was back in the 90s even when things were supposedly regulated.

SoftTalker 4y ago

It's always been this way. You just never knew it because it wasn't covered by the very narrow view of the world that the legacy news media presented.

revolvingocelot 4y ago
No, it hasn't always been this way. The "legacy news media" itself hasn't always been this way: 40 years ago, 50 or so companies controlled 90% of American media. Now, 6 companies control 90% of American media. "This is extremely dangerous to our democracy," just like all the newscasters simultaneously say on all the different channels at once. [0] It's always been the case that Power tends to do whatever it wants, but Power is usually polite to other Powerful entities. When enough of them are at the same table, they tend to keep their elbows tucked in, but when it's too centralized people start talking about lebensraum. [0] https://www.youtube.com/watch?v=ZggCipbiHwE https://www.youtube.com/watch?v=ZggCipbiHwE
aeternum 4y ago
Yes, and if anyone doubts it I'd recommend "Confessions of a Wall Street Analyst". A retired analyst/trader really lays out how much insider trading there was back in the 90s even when things were supposedly regulated.