The NYSE once had a designated area for the "loan crowd", those wanting to short-sale, with the WSJ publishing loan rates and stock (back when they were a financial publication). The years following Black Tuesday saw the loan crowd's mysterious disappearance from the floor, presumably to stave off Federal prohibition as many blamed shorting for the '29 crash1. What emerged is the decentralized market for short stock we know today.
The rumor I actually heard was that NYSE officials disallowed the gathering under threat of FBI harassment; however, in seeking to verify this that doesn't seem to be the case.
Apparently there's also a seedier underbelly of investing. Demand has included not merely monetary exchange, but drugs and sex as well.
Showing posts with label History. Show all posts
Showing posts with label History. Show all posts
16 January 2011
05 December 2010
Science vs. Faith, Subterfuge?
We all heard it commonly said, or said frequently science the main producer of knowledge has replaced the role in explaining the world that faith previously held. And there are a whole host of discussions on this topic.
My contention is if anything it's a later development of what drove and continues to drive the abandonment of religious faith: the problem of evil coupled with the silence of God. Ignoring the silence of God...
The allegedly poor design of the universe was evidence of God's piss-poor design qualities, and such a blasphemous sentiment was the reason troubled followed these folks around.
The defenses of God's goodness though took the form of arguing that in fact the world was much better designed than we give it credit for, something Copernican astronomy and Newtonian physics readily attested too. Their depiction of God though, argued against His interfering with the natural order, which in turn especially shifted the blame from God to an inevitable consequence of the natural order, when those predisposed to question God's goodness were forced by science to readily accede.
What this did though was strengthen a deistic impulse, one which is felt by even the most fundamental of religious observers. Even those who still interpret spectacular natural evils (acts of God) are loathe to do such with common incidents.
My contention is if anything it's a later development of what drove and continues to drive the abandonment of religious faith: the problem of evil coupled with the silence of God. Ignoring the silence of God...
The allegedly poor design of the universe was evidence of God's piss-poor design qualities, and such a blasphemous sentiment was the reason troubled followed these folks around.
The defenses of God's goodness though took the form of arguing that in fact the world was much better designed than we give it credit for, something Copernican astronomy and Newtonian physics readily attested too. Their depiction of God though, argued against His interfering with the natural order, which in turn especially shifted the blame from God to an inevitable consequence of the natural order, when those predisposed to question God's goodness were forced by science to readily accede.
What this did though was strengthen a deistic impulse, one which is felt by even the most fundamental of religious observers. Even those who still interpret spectacular natural evils (acts of God) are loathe to do such with common incidents.
27 July 2010
Stagger Lee II
If you didn't vote in the previous poll, which I know you didn't, please do so. I mean come on, I know I don't have that many readers and encourage you guys to skip my posts, but no one? Sure, I'm typically sharing music on here for the egotistical gratification of disseminating lower-class culture to you unsuspecting folks, but this is like a poll and all, with a stated future climax and minimal investment of time and effort on my part, so that probably indicates I'm curious about something and need y'alls participation to satiate that curiosity.
Phase II:
Skip to the 1 minute mark. The next two contain profanity.
A white Stagger Lee? Now that's whitewashing.
If you guys aren't gonna do your civic duty and vote, you'll have to go find Stagger Lee songs on your own. Hmph!
(Hopefully in messing with the HTML, I didn't sever the link between the buttons and their results.).
Phase II:
Skip to the 1 minute mark. The next two contain profanity.
A white Stagger Lee? Now that's whitewashing.
If you guys aren't gonna do your civic duty and vote, you'll have to go find Stagger Lee songs on your own. Hmph!
(Hopefully in messing with the HTML, I didn't sever the link between the buttons and their results.).
16 July 2010
Stagger Lee
Alright, so what's the best Stagger Lee song? With those that participate, we'll choose from the best finalists.
27 December 2008
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