If you are in the top 10% of the income distribution,

and you are a Rightwing Free Market Libertarian

(you want *zero* government enforced wealth redistribution)

the probability you are motivated by real ideological conviction is low...

...the probability you are motivated by sheer self interest is high.
People are not trustworthy witnesses as to what their own motivations are.
If you ask a rich person who wants zero government enforced wealth redistribution (Socialism) why they want this, they are likely to give you Free Market Libertarian rhetoric about some 'Non-Agression Principle'.
The truth is much simpler; they care a lot more about their ability to NOT pay taxes, than they do about poor people's ability to access free stuff in the form of government services.
Debates about Wealth Redistribution/Socialism

have nothing to do with Ideology,

and everything to do with Self Interest.

**Zero Sum Conflict Over Finite Resources**
It is in the best interest of The Poor for the Government to do Generous Wealth Redistribution, and to fund it by placing taxes on The Rich.
It is in the best interest of The Rich for the Government to do Minimal (Ideally Zero) Wealth Redistribution, so they don't have to pay taxes to fund it.
Leftwing Socialist Ideology and Rightwing Libertarian Ideology are just post hoc rationalizations manufactured to help justify the interests of The Poor and The Rich, respectively.
It's not really about Ideology.

It's about Interests and Greed

**Zero Sum Conflict Over Finite Resources**
CAVEAT:

It is a *Negative Sum Game* (bad for everyone), if there is Wealth Redistribution/Socialism funded by Government Deficit Spending.
Sooner or later, the Government's Debts will become enormous, and the country will either go bankrupt, or the government will print a bunch of money to pay off its debts (thereby causing hyperinflation).
In either case (Government Bankruptcy OR Hyperinflation) it means economic catastrophe, for 100% of the population, both rich and poor.
EXAMPLES:

Time Period: 1990 - 2020

Rich People Winning (Low Taxes, Little Wealth Redistribution): SINGAPORE

Poor People Winning (High Taxes, Generous Wealth Redistribution): DENMARK
DISASTER, Government Deficit Spending Leading To Economic Catastrophe For Everyone, Both Rich And Poor: VENEZUELA

More from Trading

12 TRADING SETUPS used by professional traders:🧵

Collaborated with @niki_poojary

Here's what you'll learn in this thread:

1. Capture Overnight Theta Decay
2. Trading Opening Range Breakouts
3. Reversal Trading Setups
4. Selling strangles and straddles in Bank Nifty
6. NR4 + IB
7. NR 21-Vwap Strategy

Let's dive in ↓

1/ STBT option Selling (Positional Setup):

The setup uses price action to sell options for overnight theta decay.

Check Bank Nifty at 3:15 everyday.

Sell directional credit spreads with capped


@jigspatel1988 2/ Selling Strangles in Bank Nifty based on Open Interest Data

Don't trade till 9:45 Am.

Identify the highest OI on puts and calls.

Check combined premium and put a stop on individual


@jigspatel1988 3/ Open Drive (Intraday)

This is an opening range breakout setup with a few conditions.

To be used when the market opens above yesterday's day high

or Below yesterday's day's

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12 TRADING SETUPS which experts are using.

These setups I found from the following 4 accounts:

1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4. @DillikiBiili

Share for the benefit of everyone.

Here are the setups from @Pathik_Trader Sir first.

1. Open Drive (Intraday Setup explained)


Bactesting results of Open Drive


2. Two Price Action setups to get good long side trade for intraday.

1. PDC Acts as Support
2. PDH Acts as


Example of PDC/PDH Setup given
The entire discussion around Facebook’s disclosures of what happened in 2016 is very frustrating. No exec stopped any investigations, but there were a lot of heated discussions about what to publish and when.


In the spring and summer of 2016, as reported by the Times, activity we traced to GRU was reported to the FBI. This was the standard model of interaction companies used for nation-state attacks against likely US targeted.

In the Spring of 2017, after a deep dive into the Fake News phenomena, the security team wanted to publish an update that covered what we had learned. At this point, we didn’t have any advertising content or the big IRA cluster, but we did know about the GRU model.

This report when through dozens of edits as different equities were represented. I did not have any meetings with Sheryl on the paper, but I can’t speak to whether she was in the loop with my higher-ups.

In the end, the difficult question of attribution was settled by us pointing to the DNI report instead of saying Russia or GRU directly. In my pre-briefs with members of Congress, I made it clear that we believed this action was GRU.
Trump is gonna let the Mueller investigation end all on it's own. It's obvious. All the hysteria of the past 2 weeks about his supposed impending firing of Mueller was a distraction. He was never going to fire Mueller and he's not going to


Mueller's officially end his investigation all on his own and he's gonna say he found no evidence of Trump campaign/Russian collusion during the 2016 election.

Democrats & DNC Media are going to LITERALLY have nothing coherent to say in response to that.

Mueller's team was 100% partisan.

That's why it's brilliant. NOBODY will be able to claim this team of partisan Democrats didn't go the EXTRA 20 MILES looking for ANY evidence they could find of Trump campaign/Russian collusion during the 2016 election

They looked high.

They looked low.

They looked underneath every rock, behind every tree, into every bush.

And they found...NOTHING.

Those saying Mueller will file obstruction charges against Trump: laughable.

What documents did Trump tell the Mueller team it couldn't have? What witnesses were withheld and never interviewed?

THERE WEREN'T ANY.

Mueller got full 100% cooperation as the record will show.