"makes billions of dollars in trades a day via sophisticated algorithmic trading models"
Whats the point of this again?
Does the entire finance industry do anything to benefit the "general effort" ?
people say "ooh yes they look after our pensions , help our savings grow" . well thats pretty short sighted . that is not seeing the big picture , thats only necessary because of the finance industry / system.
They dont CREATE anything , just tweak the system to wring money out . nothing useful is produced.
Therefore WE are doing their share of the actual work, and they are living like rock stars .
'oh we "stimulate" the economy and create jobs..' bullshit
People look at money as the be all and end all ,and lose sight of the fact that everything we have has to be built, worked for and created by people. Money is just a way of measuring that -therefore getting money for free is cheating. Its giving the finger to everyone else and saying "fuck you , i'm going to sit here in the sun, whilst the rest of you do the work".
And yet the more money you get, and therefore the more time and energy you have managed to con other people out of, the more respected you are.
If you can find the Mitchell & Webb sketch:
Job justification hearings: Currency speculator
That kinda sums it up.
It'll all change when I come to power .....
Biting the hand that feeds IT
