More Trader Hate

I think if we had the opportunity to describe people or have their writings read by humans from centuries ago they would arrive at some (to us) comical conclusions. For instance, I am pretty sure that if some Renaissance poet read the populist press releases of today they would consider our politicians to be noble authors, opining that someone like Bart Chilton was Shakespearean in thought and prose, for using terms like "cheetah" to describe high frequency traders.

After all, those same high frequency traders would likely be thought of as some sort of thieving marauders wearing black hoods with gouged out eye holes waving maces and perhaps a jungle cat's skinned coat adorned for added fearsomeness while marauding the villagers. Disappointment, I am sure would envelop our time traveler when he realized at last, that the Chiltons were the "cheetahs" and the wild cats themselves, a bunch of timid computer nerds undistinguishable in his day from lowly mathematicians and scientists. The sharpest minds which over centuries of evolution found their way from societies outskirts to her highest fiscal pinnacles.

Yeah, so I felt like talking some shit today. Sue me. Sometimes the only way I can make sense of the inept era we are all unwillingly or unwittingly a part of, is to make it out to be a game. An experimental joke run by some advanced beings to see how we will react to living on a rock run by heads of stone with vision of blind men and sense of parasites.

I have said just about everything I could about trading and regulation. I would like to think that I am smart and eloquent and can add something to the discussion. If I were to buy my own bullshit, however, I would be committing the carnal sin of just plain skull fucking myself. The reality is that when the walls fall down it is usually those who have acquired the most, that lose it the quickest.

I completely understand the need for regulation and I have always been for rational amounts of it. But registering every single market participant with a bar code and making every trade visible to oversight creates a market that is far more dangerous and easy to rig than anything we have today.

The more I look at the idiots protesting and the idiot regulators egging them on, the more I can't help but to think our incompetent friends in government are looking forward to a day when they too can "run with the cheetahs". Sadly, there will be about as much left of actual markets at that point as there will of my imaginary time traveling observer.