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Tudor Jones "Why we need to rethink capitalism"
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[PARTIALQUOTE="game, post: 4111742, member: 442354"]Q: Who are you going to vote for in the presidential election?
Paul Tudor Jones: I think the biggest issue facing America, unequivocally, is campaign finance reform. When you sit down and talk about gun control or charter schools ...............[/QUOTE]
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I like PT Jones+ his Jack Schwager Top Trader interviews; but to blame fine groups like the NRA or common sense people who respect the 2nd ammedment is plain silly + wrong.Even Democrat james carville said gun control is a ''loser '' issue for Dems. Thanks
PS I took up for PT Jones when the elites- FEDS raided his farm;strict liability law on migratory birds......................................................................Typical way too complex federal law-micro-management
Paul Tudor Jones: I think the biggest issue facing America, unequivocally, is campaign finance reform. When you sit down and talk about gun control or charter schools ...............[/QUOTE]
%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
I like PT Jones+ his Jack Schwager Top Trader interviews; but to blame fine groups like the NRA or common sense people who respect the 2nd ammedment is plain silly + wrong.Even Democrat james carville said gun control is a ''loser '' issue for Dems. Thanks
PS I took up for PT Jones when the elites- FEDS raided his farm;strict liability law on migratory birds......................................................................Typical way too complex federal law-micro-management
Exactly. It's in fashion nowadays for billionaires to start a "foundation". Otherwise they seem to get bored. According to reports he hardly ever spends actual time with any poor or homeless. Be my guest and drink that koolade. But talking as Mr. GREED about social inequality is outright bullshit. Talking and spending 0.2% of one's wealth always seems to impress more than actually working in the trenches.
And please don't make suggestions about topics I never said or meant. I never claimed anyone has to give anything to anyone else. but what I suggested was that it is disingenuous to play carer for the needy at one time without actually spending FaceTime. Then playing a bit politician in Florida and when that gets boring talking on TED about the world's social inequality.I respect Tudor Jones for attempting to do the right thing. And how he does it is entirely his own choice of course. but I cannot help to feel weird seeing him standing on the social inequality podest as someone who fully used and abused a capitalist system that is designed to keep those born into fortune on top and those at the bottom exactly where they were born into. The American dream of equality and equal chances is a huge hoax I think we can all agree on that. But hey I guess it comes down to this:
Do you prefer Mother Theresa who may have saved 10000 kids or Paul Tudor Jones who may support 100000 poor? I choose the former for true heart and conviction and a lifetime of selfless service.
"Do you prefer Mother Theresa who may have saved 10000 kids or Paul Tudor Jones who may support 100000 poor? I choose the former for true heart and conviction and a lifetime of selfless service."Exactly. It's in fashion nowadays for billionaires to start a "foundation". Otherwise they seem to get bored. According to reports he hardly ever spends actual time with any poor or homeless. Be my guest and drink that koolade. But talking as Mr. GREED about social inequality is outright bullshit. Talking and spending 0.2% of one's wealth always seems to impress more than actually working in the trenches.
And please don't make suggestions about topics I never said or meant. I never claimed anyone has to give anything to anyone else. but what I suggested was that it is disingenuous to play carer for the needy at one time without actually spending FaceTime. Then playing a bit politician in Florida and when that gets boring talking on TED about the world's social inequality.I respect Tudor Jones for attempting to do the right thing. And how he does it is entirely his own choice of course. but I cannot help to feel weird seeing him standing on the social inequality podest as someone who fully used and abused a capitalist system that is designed to keep those born into fortune on top and those at the bottom exactly where they were born into. The American dream of equality and equal chances is a huge hoax I think we can all agree on that. But hey I guess it comes down to this:
Do you prefer Mother Theresa who may have saved 10000 kids or Paul Tudor Jones who may support 100000 poor? I choose the former for true heart and conviction and a lifetime of selfless service.
"According to reports he hardly ever spends actual time with any poor or homeless."
this is the kind of nonsense that you speak to an innocent woman half of your age or an elderly professor speaking to a doe eye female freshman or a radical leftie trying to jump the bones of a clueless female.
by your logic let the other 90000 starve or live a life diminished by disease .
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let the other 90000 starve or live a life diminished by disease by your logic.
My thought also, I suspect the extra 90000 who will get help have a different opinion than Volpunter.
I noticed he also managed to include an anal sex reference, we'd been spared at least 5 posts, but one can't hold too much hope with Voly.
Mate, what's so wrong with you ?
I am happy Paul is catching on and speaks out. Wonderful, unfortunately, corruption is merely a symptom IMO. It is related to elitism and equity.
http://www.elitetrader.com/et/index...izing-pattern-for-the-world-look-like.223229/
As Einstein once said - If I had an hour to solve a problem, I would spend 55 minutes thinking about the problem, and 5 minutes thinking about solutions.
I have had some thoughts since that thread about IMO what the new pattern would look like. Elitism out, unfettered internet in, political correctness out, fractional reserve banking - DOUBLE OUT, war out, entitlement - limited, ownership - limited, population much less, etc. I still struggle with the precise problem but I do still maintain - What happens to one, happens to us all. Mankind will learn that lesson or mankind will die trying to learn it IMO.
http://www.elitetrader.com/et/index...izing-pattern-for-the-world-look-like.223229/
As Einstein once said - If I had an hour to solve a problem, I would spend 55 minutes thinking about the problem, and 5 minutes thinking about solutions.
I have had some thoughts since that thread about IMO what the new pattern would look like. Elitism out, unfettered internet in, political correctness out, fractional reserve banking - DOUBLE OUT, war out, entitlement - limited, ownership - limited, population much less, etc. I still struggle with the precise problem but I do still maintain - What happens to one, happens to us all. Mankind will learn that lesson or mankind will die trying to learn it IMO.
Why are you stalking me in pretty much every thread I participate?
That aside maybe you want to consider why one was awarded the Nobel price of peace and inspired millions while the other goes down in the history books as a great trader. The funny thing is that most of the wealthy in general make perfectly legitimate life choices but later on realize that they have advanced men kind in little or no way,and here comes the bizarre part, but suddenly in their advance age think they can change course and shower a few millions on some of the poor and truly believe they have made a meaningful contribution to human kind in relatively larger ways than those who sacrificed their lives and efforts to support others in need Throughout their lives. I am glad that the ultimate judge is who looks at the true intentions and heart and not at how some try to make a name for themselves after they realized that their billions bore them to death.
I respect others differ in their assessment and while they probably laude everything Paul Tudor Jones does or says I respectfully disagree.
That aside maybe you want to consider why one was awarded the Nobel price of peace and inspired millions while the other goes down in the history books as a great trader. The funny thing is that most of the wealthy in general make perfectly legitimate life choices but later on realize that they have advanced men kind in little or no way,and here comes the bizarre part, but suddenly in their advance age think they can change course and shower a few millions on some of the poor and truly believe they have made a meaningful contribution to human kind in relatively larger ways than those who sacrificed their lives and efforts to support others in need Throughout their lives. I am glad that the ultimate judge is who looks at the true intentions and heart and not at how some try to make a name for themselves after they realized that their billions bore them to death.
I respect others differ in their assessment and while they probably laude everything Paul Tudor Jones does or says I respectfully disagree.
My thought also, I suspect the extra 90000 who will get help have a different opinion than Volpunter.
I noticed he also managed to include an anal sex reference, we'd been spared at least 5 posts, but one can't hold too much hope with Voly.
Mate, what's so wrong with you ?
otherwise, trying to "rethink" capitalism is like trying to rethink sex or childbirth. It's kind of natural. Every now and then someone like Karl Marx tries to come up with some kind of unnatural alternative, and it just leaves the victims scratching their head saying, "I must be just a dumb peasant, because I don't get it." You gotta go to college for at least 4 years and preferably more to understand the alternative to capitalism.
When it comes to the alternative, most never make it past, "Someone else has more and it's not fair." vs Capitalism where a few make it to, "Someone else has more, and I should learn from them how to also have more."
When it comes to the alternative, most never make it past, "Someone else has more and it's not fair." vs Capitalism where a few make it to, "Someone else has more, and I should learn from them how to also have more."
All laudable thoughts...unfortunately spending 40 years buying and selling securities as one's only pursuit in life and now going public and speaking about inequality while the same person joyfully took advantage the system affords to capitalist while offering a close to nonexistent safety and security net to the masses is beyond my understanding. But hey...doing a TED is in. If you want to belong then you do as your cirules tell you regardless of true motive. Sorry I just don't buy some hedge fund manager turned philanthropist Story. It's like Ken Griffin or S. Cohen quitting and going to Africa. Won't happen...it's others who made it their life pursuit to make this world a little better place. And it's funny how the same people who preached to their disciples to stick to their guns pretend to now make a 180.
I am happy Paul is catching on and speaks out. Wonderful, unfortunately, corruption is merely a symptom IMO. It is related to elitism and equity.
http://www.elitetrader.com/et/index...izing-pattern-for-the-world-look-like.223229/
As Einstein once said - If I had an hour to solve a problem, I would spend 55 minutes thinking about the problem, and 5 minutes thinking about solutions.
I have had some thoughts since that thread about IMO what the new pattern would look like. Elitism out, unfettered internet in, political correctness out, fractional reserve banking - DOUBLE OUT, war out, entitlement - limited, ownership - limited, population much less, etc. I still struggle with the precise problem but I do still maintain - What happens to one, happens to us all. Mankind will learn that lesson or mankind will die trying to learn it IMO.
Why are you stalking me in pretty much every thread I participate?
You are again getting lose with facts, but I'm no longer surprised.
My post above was the first time I adressed you or one of your posts this week.
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volp.. is pulling a sleigh of hands with numbers as he is prone to do on every thread.Why are you stalking me in pretty much every thread I participate?
That aside maybe you want to consider why one was awarded the Nobel price of peace and inspired millions while the other goes down in the history books as a great trader. The funny thing is that most of the wealthy in general make perfectly legitimate life choices but later on realize that they have advanced men kind in little or no way,and here comes the bizarre part, but suddenly in their advance age think they can change course and shower a few millions on some of the poor and truly believe they have made a meaningful contribution to human kind in relatively larger ways than those who sacrificed their lives and efforts to support others in need Throughout their lives. I am glad that the ultimate judge is who looks at the true intentions and heart and not at how some try to make a name for themselves after they realized that their billions bore them to death.
I respect others differ in their assessment and while they probably laude everything Paul Tudor Jones does or says I respectfully disagree.
"and shower a few millions on some of the poor "
1. a few million dollars is a large number depending how it is distributed. lend it to budding entrepreneurs all over the world inc. the US there will be a multiplier effect beyond imagination.
in any case we are talking about much larger sums of money.