A thread for Democrats Only
POSTED BY: THGRRI
UPDATED: Sunday, September 6, 2026 15:36
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Perhaps Jayneztown is a Christian Indonesian.
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The Code of Capital, How the Law Creates Wealth and Inequality
by Katharina Pistor, Princeton University Press
Free download at https://libgen.unblockit.pw/search.php?req=Katharina+Pistor
The book points to how America got into a mess, at first slowly, then faster:
In Adam Smith’s account, the lack of institutional certainty in foreign places was the invisible hand that drove merchants back home, where they would invariably share some of their spoils with their community. For the merchants, this presented itself as a massive institutional failure, which greatly increased their costs of doing business and reduced their private gains. If institutions could be streamlined around the globe, business would become more predictable and the merchants could simply dispense with the invisible hand and keep their spoils for themselves.
Building the legal infrastructure for global commerce has taken, for the most part, one of two forms: the harmonization of laws in different countries and states, and the recognition and enforcement of foreign law. The latter has been much more successful in protecting capital globally, but it did require that countries adapted their own conflict-of-law rules to ensure that private choice and autonomy would prevail over public concerns.
Asset holders are not interested in sharing their spoils; they will take legal protection where they can find it, and if they find it on foreign shores, they have little reason for returning home, where, as Adam Smith suggested, they would invariably share some of their gains with their home base. They are not even interested in the rule of law as such, only to the extent that it advances their own interests. Often, the same asset holders who only recently waged a battle to have their private rights fully protected by law will then seek exemptions from those very rules, when they realize that these rules might also be used against them.
Examples abound; recall that English landlords first fought for priority rights over the commoners. After they had effectively excluded the commoners, they used their title to raise debt finance and mortgaged their land to creditors. However, when creditors tried to seize their property to recover the value of the loans they had extended to them, they cried foul and turned to lawyers and to courts for help. The lawyers helped them to protect their family wealth behind the legal veil of the trust and thereby to immunize it from their personal creditors; and the courts recognized and enforced these new boundaries, keeping creditors at bay. In doing so, they prolonged land’s status for a few decades as the most important source of wealth. It took a major economic depression to redraw these boundaries in law and to empower creditors to fully enforce the mortgages they had obtained.
Creditors soon learned to play the same game. They lobbied hard for creditors priority rights over unsecured creditors, although they faced considerable push-back from entrepreneurs who convinced the English parliament that insolvency was not necessarily evidence of their immorality, but just as likely, of bad luck. Indeed, persons that qualified as “traders” received special treatment in bankruptcy. Unlike the paupers, who were imprisoned for failing to pay their debt, bankruptcy offered a cleansing process for “traders”, whereby they could rid themselves of past obligations.
The latest champions of debt finance, the derivative traders of our own time, similarly demanded and obtained exemptions from general bankruptcy rules to ensure that they could re-position their portfolio at any time, even if this put other creditors at risk. The last thing any creditor wants is a run on the debtor’s assets —— unless of course she gets there first, which is what bankruptcy safe harbors are all about. They allow creditors of privileged assets to net out their claims before any other, including secured, creditors get their share, while everybody else has to yield to the automatic stay.
It is not difficult to understand why asset holders mig
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Quote:
Originally posted by JAYNEZTOWN:
One of WSHIMAY's re-occuring nightmares, a White Blonde haired KKK Ayran Nordic Terrorists is possibly out there, making threats to kill America, others say its a Mexican Mongrel Manuel Flores, of El Paso, he was arrested and charged with transmitting threatening communication, a guy like 6IXSTRINGJACK might say he was an alien terrorist criminal and video threat to kill 'at least 200' black people is out there. So which political camp gets to decide who or what he is a Zambo or a White or is he Brownish or Mestizo, of course others might call it Righwing White Terror others say its a Mulatto immigrant. Without all the politics, race politics and spinning can they at least some to an agreement that death threats and terrorist is wrong and criminal?
There was also a mass stabbing in Britbong by some jihad...maybe we're not sure because the politically correct BBC news which polices the wrongthinker has decided to call this mass murder jihad man an 'Asian'
Do Right, Be Right. :)
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Trump Is Promising Four More Years of Strife
He can’t run on accomplishments. So he’s running on violence and fear.
On Saturday night in Tulsa, Oklahoma, President Donald Trump tried to relaunch his reelection campaign. This was his chance, after the onslaught of the novel coronavirus and three months without a campaign rally, to tell Americans what he would do in a second term. The election, he argued, was about defeating an array of enemies: anarchists, journalists, Democrats, and “millions and millions of illegal aliens.” But the common theme was enmity itself. Trump can’t run on four more years of prosperity. So he’s running on four more years of strife.
At the rally, Trump shrugged off the 120,000 Americans killed by the virus, joking that he preferred to test fewer people so fewer infections would be found. He said he had shaken hands with children in the arena. This was no big deal, he opined, because if a kid got sick, he’d “recover in about 15 minutes.” Critics “always blame a president,” Trump scoffed. “Other than all of the horrible, horrible death,” he concluded, “people are going to say, ‘Man, this guy is doing a good job.’ ”
Instead of talking about his accomplishments, Trump devoted his speech to skewering people he didn’t like. He called them “sadistic,” “vicious,” “hateful,” and “sinister.” He ridiculed an unnamed government employee, labeling him a “dumb son of a bitch.” Trump encouraged the crowd to boo reporters in the arena, calling them “the most dishonest people anywhere on earth.” He denounced athletes who knelt for the national anthem. He claimed that anarchists were really Democrats: “Democrat, all Democrat. Everything I tell you is Democrat.”
More at https://slate.com/news-and-politics/2020/06/trump-tulsa-rally-campaign
-enemies-fear.html
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
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T 
Deep state describes dedicated, educated professionals. 
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Trump could have killed Obama for treason, if only . . . Obama better worry about what happens in Trump’s second term, because he wants Obama dead, dead, dead.
Trump for months has publicly accused Obama of committing crimes, but has repeatedly declined to say which crimes in particular when asked by reporters. But speaking with CBN News in an interview that aired Monday, Trump offered, without evidence, that Obama had committed treason.
"It's treason," Trump said. "Look, when I came out a long time ago, I said they've been spying on my campaign. I said they've been taping, and that was in quotes, meaning a modern day version of taping, it's all the same thing. But a modern day version. But they've been spying on my campaign."
Expanding on his unfounded claim Monday, Trump went on to say that members of the Obama administration could have been executed for their alleged crimes.
"If it was the opposite, two years ago, 25 people would have been convicted and they would be sent to jail for 50 years. And by the way, if it were 100 years ago, or 50 years ago, they would have been executed, but we're in a different time," he said.
"We're in a different time. You understand what I mean by that. They spied on the opposing party's campaign and we caught them." Trump continued, "I just hope I get tremendous evangelical Christian support."
In reality, there is no evidence that the Obama committed any acts that reach the definition of treason. Under the Constitution, treason is narrowly defined: "Treason against the United States, shall consist only in levying War against them, or in adhering to their Enemies, giving them Aid and Comfort."
More at www.cnn.com/2020/06/22/politics/trump-obama-treason-claim/index.html
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
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More dumb shit posted by Second today. Must be a day that ends in day.
Do Right, Be Right. :)
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Quote:Trump said he'd execute Obama for treason. He said it on the Christian Broadcasting Network. He will say "Just Kidding" if anyone asks him about it in all seriousness. Trump is nuts.
Originally posted by 6IXSTRINGJACK:
More dumb shit posted by Second today. Must be a day that ends in day.
Do Right, Be Right. :)
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
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Quote:
Originally posted by second:
Trump is nuts.
Do Right, Be Right. :)
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Trump is as nuts as the Joker.
6ix, remember your favorite movie, Joker? AURaptor claimed Joker was an "unreliable narrator" and that makes him blameless. Maybe no killings happened in the movie. It was all in Joker's imagination. Trump has an imagination, too. Like the Joker, Trump could be, in the eyes of his voters, the ultimate unreliable narrator/President, in his words and works. Unreliable narrator is not a good excuse for a President. That unreliability makes him full of blame, an overflowing toilet of blame, for all nonsense coming out of his mouth about executing Obama for treason.
www.fireflyfans.net/mthread.aspx?bid=36&tid=63327&mid=1094502#
1094502
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
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