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fun with words

FunwithwordsThe Washington Post’s Mensa Invitational once again invited readers to take any word from the dictionary, alter it by adding,  subtracting, or changing one letter, and supply a new definition.   Here are the winners:

1. Cashtration (n.): The act of buying a house, which renders the  subject financially impotent for an indefinite period of time.

2. Ignoranus : A person who’s both stupid and an asshole.

3. Intaxicaton : Euphoria at getting a tax refund, which lasts until you  realize it was your money to start with.

4. Reintarnation : Coming back to life as a  hillbilly.

5. Bozone ( n.): The substance surrounding stupid people that stops bright ideas from penetrating. The bozone layer, unfortunately, shows little sign of breaking down in the near future.

6. Foreploy : Any misrepresentation about  yourself for the purpose of getting laid. (more…)

The Stock Market Is An "Attractive Nuisance" And Should Be Closed

Submitted by Charles Hugh Smith from Of Two Minds

The Stock Market Is An “Attractive Nuisance” And Should Be Closed

The dark pool of parasitic scum known as the stock market is an “attractive nuisance” that should be shut down.

In tort law, an attractive nuisance is any potentially hazardous object or condition that is likely to attract the naive and unwary, i.e. children.

A classic example is an abandoned swimming pool half-filled with fetid water.

Since many stock market investors are demonstrably naive about the risks and unwary of the dangers posed by the stock market (the proof of this is that they remain invested in the market), it is but a slight extrapolation of the attractive nuisance doctrine to declare the stock market is clearly an “attractive nuisance” and should be closed immediately.

Is this really a legal stretch? Consider the conditions that characterize an attractive nuisance. I have edited these to pertain to the stock market and investors:

1. The market is one in which the Powers That Be (the exchanges, the Central State, the central bank, et al., the effective “owners” of the stock market) know or have reason to know that brainwashed or ill-informed investors are likely to risk their money in.

2. The market is one of which the Powers That Be know or have reason to know (and fully realize or should realize) will involve an unreasonable risk of financial loss or ruin to such investors.

3. The investors, because of their consumption of officially sanctioned propaganda and misrepresentation of market risk and return, do not discover or realize the risk involved in placing money in the stock market. (more…)