Looks like someone rediscovered Dan Hurley's book. I see they put nicotine on their wishlist, which is pretty stupid

Adderall is a phenethylamine class psychostimulant. It's 75% dextroamphetamine and 25% levoamphetamine.

Otherwise known as "speed". And yes, it's a short term cognitive enhancer, with some pretty negative long term effects. They used to give it to fighter pilots, and now the pilots tend to traffic in it themselves. They call them "go pills".

You are generally much better off taking things like caffeine, ocetam, piracetam, donepezil (aricept) or ergoloid (hydergine). if you absolutely feel the need to boost your IQ score for the duration of the drug, but they tend to have decreasing effects over time, and there's a ramp-down effect when you quit taking them, as your own neurotransmitters recover (if they do). Similar to long term pot use, they can reduce the overall available neurotransmitters naturally present, permanently altering your overall brain chemistry. Usually for the worse, if you aren't taking them as a means of treating an underlying condition.

Obviously, there no accounting for people who are going to try to tweak their brain chemistry anyway.

Thousands of them, trained by some very serious, very passionate people who don't even begin to fit the cartoon caricature description of cops who fake drug busts

How many is a "number," relative to the all day, every day work these dogs and their handlers do?

I didn't say anything of the sort. I said that all traffic stops are already considered arrests in some states. If you get pulled over for speeding, or broken tail light, or whatever, you are legally under arrest until the officer releases you on your own recognizance.

Ideally you try to make specific actions illegal. However, crooks are clever, and there are far more possible combinations of circumstance than the law can spell out.

Consider this. Should it be legal to swing a bat? Right now, it is legal to swing a bat with the intention of hitting a ball; it is illegal to swing a bat with the intention of hitting a person. I don't think there is any way around that.

Yes. He's charged "with one count of wire fraud, 10 counts of commodities fraud, 10 counts of commodities manipulation, and one count of “spoofing,” a practice of bidding or offering with the intent to cancel the bid or offer before execution."

Quit exaggerating; it was only a 600 point slide. That's only $180,000,000,000, or 5.5% of the 30 most important companies in the U.S..

Actually, I'm surprised the guy is still alive; they must be hoping to recover some of the money before they off him.

It wouldn't be, if spoofing weren't a crime. The US could have simply not made it a crime in this case and then it wouldn't be "blatantly illegal" for small traders to do.

And notice how the problem is due to poor market design. Instead of fixing markets so that it isn't possible to "cancel before execution", they implement ridiculous rules and laws instead.

Consider this analogy. How many people here think it's a good idea to modify US law just to protect the *IAA business models? So why is it acceptable to modify US law just to protect stock market business models?

"Spoofing" is a silly activity to make a crime. There are two reasons. First, any book order that you place has a chance of being bought. Thus, it doesn't matter if you "spoof" or not, it's something you can be called on and you have to honor the book order you placed. Second, it's very easy to conceal intent to spoof, especially with a computer program. Just don't brag about it in email while the feds are listening in.

It sounds like this guy got caught merely because he was the target of an investigation for something else and they found something to extradite him with in the emails they were reading. It'll be interesting to see if this actually goes to court and if some "parallel construction" happens.

My view is that spoofing should be quite legal and the authorities should be completely uninterested in it. The reason is that there are a lot of crappy traders out there, both human and computer. Spoofing is one of many ways to stress test these traders and weed out the ones who shouldn't be anywhere near a market.

That's stupid. You only need to delay settlement by seconds, force the buyer to hold for 6 minutes, and the HFT system is broken.

Or you could levy a truly minimal transaction tax, even processing fee for orders executed in than 250ms from offer to buy to re-offer... Maybe.

But thinking you should force holding stock for days means you need to suspend trading when any news breaks. Which halts the market.

Just slow HFT by milliseconds.

Oh, and audit brokers. If they persist in offering stock they actually don't have, perhaps that's a problem? This whole episode sounds like NASDAQ, except they seem to have the stock.

Unless, of course, they already exist. The problem with this field is both that we don't have any experience with it and much of it will remain secret. The biggest players are the national or supernational governments and they won't necessarily keep you informed of the state of the art.

Incorrect.

Military bases are not subject to normal law, they are operated under the UCMJ. The detention camp is a military prison located on the grounds of a U.S. Naval base, which was established as a coaling and naval station under the Cuban-American treaty of 1903. The U.S. leases it from Cuba for $4,085/year, and has since 1934 (prior to that, back to 1903, it was $2,000/year).

In this case, the Federal government derives its authority from treaty, not from the Constitution.

The same problem exists with gun control, abortion, and a hundred other subjects...

Too often, the extreme sides prevent any rational conversation from happening.

bad luck Brian:
posts first post
every other post in the discussion is also a FIRST post.

Is it moral? No.

That doesn't address the issue of "should you do it?"

Using the example: "Would you kill one innocent 10 year old girl if it saved 100 random stranger's lives?"

Does your answer change if you know the girl? If it is your daughter? If it is 100 million random strangers rather than just 100?

I would argue that killing the girl is always immoral, but I would understand why some people would do it.

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Humans are able to do some really, really crappy things. Read up on the murder of babies by the Nazis in the concentration camps, it is evil. (the Nazis don't have the exclusive rights to that brand of evil, go back to the Romans, they did plenty of it)

So you think that dogs that have been mis-trained into being incorrect about detecting something are ... being abused? What, their self esteem will end up really low, and that's abuse, to you? What are you talkign about?