What are the crimes with no victims?

[her209]

How does one go from this to this?

 

[JS80]

Originally posted by: Tom

Originally posted by: JS80

Originally posted by: Tom

Originally posted by: JS80

Originally posted by: Tom

Originally posted by: DaWhim
beside inside trading, can anyone think of one?

how is that a victimless crime ?

There is no victim in insider trading. The law is there to prevent rampant speculation and prevent cheats from pretending to have insider information. Also the whole "fair" thing.

The point of insider trading is to profit on the information. That means somebody is losing money they should not have lost. That is a victim.

Explain to me who loses money when I buy a stock today and sell it for more money tomorrow.

Do you think the economy is zero sum? Do you realize the money supply increases? How do you think wealth is created? So everytime I get my paycheck I'm taking away from someone else? How old are you?

The person you sold it to. Unless he can find someone else to sell it to for more, which may or may not happen.

Wealth is not created by selling and buying stocks. LOL !!! Wealth is created either by the harvesting of natural resources, or by adding value through some sort of work.

Dude you are wrong. there are 3 ways to creating wealth: 1) Adding value, 2) Speculation (READ: STOCKSSS), 3) Innovation

How do you do think stocks are up since the 1930s with new companies going IPO every year?

By investing, we increase the overall wealth of an economy. As companies compete, they increase productivity and develop products that can make our lives better. Don't confuse investing and creating wealth with gambling's zero-sum game.

 

[Chompman]

Originally posted by: Cooler

Originally posted by: Eghck
"Skateboarding is not a crime"

it is in some places. I have seen signs that say no Skateboarding.

Would assume it's private property and either the noise or them jumping with the boards on rails and such damages them.

 

[MaxDSP]

Originally posted by: Looney
Smoking pot.

:thumbsup::thumbsup::thumbsup::thumbsup::thumbsup::thumbsup:

 

[Chompman]

Originally posted by: her209
How does one go from this to this?

Isn't it a great age to live in?

When science can do this... 😛

 

[Skunkwourk]

Originally posted by: Chompman

Originally posted by: Cooler

Originally posted by: Eghck
"Skateboarding is not a crime"

it is in some places. I have seen signs that say no Skateboarding.

Would assume it's private property and either the noise or them jumping with the boards on rails and such damages them.

Well thats just trespassing right?, but I just wrote that cause I've seen quite of few bumper stickers saying it...

 

[Chompman]

Originally posted by: Eghck

Originally posted by: Chompman

Originally posted by: Cooler

Originally posted by: Eghck
"Skateboarding is not a crime"

it is in some places. I have seen signs that say no Skateboarding.

Would assume it's private property and either the noise or them jumping with the boards on rails and such damages them.

Well thats just trespassing right?, but I just wrote that cause I've seen quite of few bumper stickers saying it...

I would assume they don't like kids flying by people on their skateboards... 😛

 

[Tom]

Originally posted by: JS80

Originally posted by: Tom

Originally posted by: JS80

Originally posted by: Tom

Originally posted by: JS80

Originally posted by: Tom

Originally posted by: DaWhim
beside inside trading, can anyone think of one?

how is that a victimless crime ?

There is no victim in insider trading. The law is there to prevent rampant speculation and prevent cheats from pretending to have insider information. Also the whole "fair" thing.

The point of insider trading is to profit on the information. That means somebody is losing money they should not have lost. That is a victim.

Explain to me who loses money when I buy a stock today and sell it for more money tomorrow.

Do you think the economy is zero sum? Do you realize the money supply increases? How do you think wealth is created? So everytime I get my paycheck I'm taking away from someone else? How old are you?

The person you sold it to. Unless he can find someone else to sell it to for more, which may or may not happen.

Wealth is not created by selling and buying stocks. LOL !!! Wealth is created either by the harvesting of natural resources, or by adding value through some sort of work.

Dude you are wrong. there are 3 ways to creating wealth: 1) Adding value, 2) Speculation (READ: STOCKSSS), 3) Innovation

How do you do think stocks are up since the 1930s with new companies going IPO every year?

Innovation is the same thing as adding value. Speculation does not create wealth. It might make one person wealthy, but at the expense of someone else.

A stock can increase in real value, but only because it's a piece of an enterprise that is doing something that creates real wealth, which is either harvesting something that already exists, or adding value to something by doing some kind of work.

The buying and selling of the stock, by itself, does not create wealth.

 

[RichardE]

Originally posted by: DaWhim
beside inside trading, can anyone think of one?

Victims of inside trading are the people who buy the stocks you know are going to crash that you sold them.

Along the same lines of a car dealer who sells you a car he knows is going to break down in a week.

 

[ElFenix]

Originally posted by: JS80

Originally posted by: Tom

Originally posted by: DaWhim
beside inside trading, can anyone think of one?

how is that a victimless crime ?

There is no victim in insider trading. The law is there to prevent rampant speculation and prevent cheats from pretending to have insider information. Also the whole "fair" thing.

when you're purchasing from your own shareholder based on information that you know and they don't there sure as hell is. you've just breached your fiduciary duty to them!

 

[mercanucaribe]

Originally posted by: RichardE

Originally posted by: DaWhim
beside inside trading, can anyone think of one?

Victims of inside trading are the people who buy the stocks you know are going to crash that you sold them.

Along the same lines of a car dealer who sells you a car he knows is going to break down in a week.

:thumbsup:

 

[JS80]

Originally posted by: ElFenix

Originally posted by: JS80

Originally posted by: Tom

Originally posted by: DaWhim
beside inside trading, can anyone think of one?

how is that a victimless crime ?

There is no victim in insider trading. The law is there to prevent rampant speculation and prevent cheats from pretending to have insider information. Also the whole "fair" thing.

when you're purchasing from your own shareholder based on information that you know and they don't there sure as hell is. you've just breached your fiduciary duty to them!

You purchase stocks from market makers...

 

[Slimline]

Originally posted by: Mo0o
Prostitution done safely?

Prostitution is not illegal. It is the transfer of money for sexual deeds. I.e solicitation for sex. Least up here in Canada....

 

[JS80]

Originally posted by: mercanucaribe

Originally posted by: RichardE

Originally posted by: DaWhim
beside inside trading, can anyone think of one?

Victims of inside trading are the people who buy the stocks you know are going to crash that you sold them.

Along the same lines of a car dealer who sells you a car he knows is going to break down in a week.

:thumbsup:

When you sell your stock, you don't sell to an individual, you sell them to a market maker. Individuals shareholders are not direcly affected by someone who sells with insider knowledge.

I've come to a revelation that most of you are ignorant on not only just the technical and operating details of the stock market, you are ignorant on financial matters (including economics) as a whole. I feel like I'm trying to teach a mentally retarded person multiplications. I will try to ignore most of your ignorant posts on financial matters going forward.

 

[Slimline]

Originally posted by: her209
How does one go from this to this?

With a boob job

 

[Itchrelief]

Originally posted by: JS80

Originally posted by: mercanucaribe

Originally posted by: RichardE

Originally posted by: DaWhim
beside inside trading, can anyone think of one?

Victims of inside trading are the people who buy the stocks you know are going to crash that you sold them.

Along the same lines of a car dealer who sells you a car he knows is going to break down in a week.

:thumbsup:

When you sell your stock, you don't sell to an individual, you sell them to a market maker. Individuals shareholders are not direcly affected by someone who sells with insider knowledge.

I've come to a revelation that most of you are ignorant on not only just the technical and operating details of the stock market, you are ignorant on financial matters (including economics) as a whole. I feel like I'm trying to teach a mentally retarded person multiplications. I will try to ignore most of your ignorant posts on financial matters going forward.

Is not the market maker an entity? Is it not possible to have a victim that is not an individual?

It just seems to me you really really want to do some insider trading.

 

[Baked]

There's always a victim, be it yourself or some poor soul.

 

[Kadarin]

A true victimless crime would be breaking a law that is based only on enforcing a moral standard.

 

[DaWhim]

Originally posted by: Itchrelief

Originally posted by: JS80

Originally posted by: mercanucaribe

Originally posted by: RichardE

Originally posted by: DaWhim
beside inside trading, can anyone think of one?

Victims of inside trading are the people who buy the stocks you know are going to crash that you sold them.

Along the same lines of a car dealer who sells you a car he knows is going to break down in a week.

:thumbsup:

When you sell your stock, you don't sell to an individual, you sell them to a market maker. Individuals shareholders are not direcly affected by someone who sells with insider knowledge.

I've come to a revelation that most of you are ignorant on not only just the technical and operating details of the stock market, you are ignorant on financial matters (including economics) as a whole. I feel like I'm trying to teach a mentally retarded person multiplications. I will try to ignore most of your ignorant posts on financial matters going forward.

Is not the market maker an entity? Is it not possible to have a victim that is not an individual?

It just seems to me you really really want to do some insider trading.

JS80 is right.

I make this thread is because a "victimless" crime is the main arguement used in the first lawsuit on insider trading. there is no victim, but the guy still got jailed for 2 years. it was back in 1966. the guy made 11 millions in two years using insider information.

I just want to see if there is other victimless crime.

 

[OhioState]

Originally posted by: dxkj
Kicking a dog in the head until it is dead is also a victimless crime.

Animals arent human so cant be considered a victim.

wow .... all i can say is :evil:

 

[OhioState]

Originally posted by: her209
How does one go from this to this?

dude after seeing this i want to commit one of the other "crimes" detailed in this thread.

 

[RichardE]

Originally posted by: JS80

Originally posted by: mercanucaribe

Originally posted by: RichardE

Originally posted by: DaWhim
beside inside trading, can anyone think of one?

Victims of inside trading are the people who buy the stocks you know are going to crash that you sold them.

Along the same lines of a car dealer who sells you a car he knows is going to break down in a week.

:thumbsup:

When you sell your stock, you don't sell to an individual, you sell them to a market maker. Individuals shareholders are not direcly affected by someone who sells with insider knowledge.

I've come to a revelation that most of you are ignorant on not only just the technical and operating details of the stock market, you are ignorant on financial matters (including economics) as a whole. I feel like I'm trying to teach a mentally retarded person multiplications. I will try to ignore most of your ignorant posts on financial matters going forward.

Ive come to the conclusion you are ignorant of what it is to rip people off, and you have no ethics. If you sell something, and someone buys it, and you know it is going to be devalued, and going to crash, you see nothing wrong with that? Do you sell used cars for a living? You would make a fortune. The fact is, when you drop your stock, that you have inside knowlegde of, you are selling to someone else, who doesn't. Yes you sell it through a market, but you are still selling it, whereas the person who buys it, from you, or from the market, does not have the knowledge. Again, since you seem to be missing the point here, it is like a used car salesman, who sells you a car he knows is going to break down. I can tell you I know enough about stocks and trading from trading my own stocks, to know that yes indeed, inside trader has victims. If you fail to realise this, you lack ethics, which I suppose will get you ahead in the business world.

 

[RichardE]

http://www.osc.gov.on.ca/About/Speeches/sp_20040423_db-3cs-security-law.pdf

There is a good ethics speech for you.

 

[TheShiz]

Originally posted by: dxkj

Originally posted by: Rainsford

Originally posted by: Bartolo
umm, every crime has a victim, but some crimes that have victims are not punishable in some jurisdictions, such as downloading music in Canada

I don't know, smoking weed is illegal in the US and many other places, yet I'd be hard pressed to think of the victim there. Unless of course the victim is also the criminal, but that's not really what we're talking about here.

EXACTLY! The pot users is the victim in this case. Thats why it is illegal, the gov't trying to protect us from ourselves.

the ban on pot is NOT at all because the gov't is trying to protect us, how can you say that when something which has proven to be much more deadly (alcohol) is perfectly legal.

 

[RichardE]

Originally posted by: TheShiz

Originally posted by: dxkj

Originally posted by: Rainsford

Originally posted by: Bartolo
umm, every crime has a victim, but some crimes that have victims are not punishable in some jurisdictions, such as downloading music in Canada

I don't know, smoking weed is illegal in the US and many other places, yet I'd be hard pressed to think of the victim there. Unless of course the victim is also the criminal, but that's not really what we're talking about here.

EXACTLY! The pot users is the victim in this case. Thats why it is illegal, the gov't trying to protect us from ourselves.

the ban on pot is NOT at all because the gov't is trying to protect us, how can you say that when something which has proven to be much more deadly (alcohol) is perfectly legal.

I think he is just stating that this is the governments position. Have you seen the government related propoghanda to pot over the last 60 years? They make it seem worse than crack at times, and still keep that mentality.