Why doesn't the American government just ban guns?
Hey there!I have done gun debates at school… And let me tell you this, right from the gecko. Don’t join the hate gun club. Here’s a general, brief statement of a ten page essay that I wrote. I will leave a link to the essay if you want to read it.1 - Funny you mention China because last I heard was numerous mass STABBINGS in China. Where men with knives would walk into a kindergarden classroom, stab the teachers, children, etc… Funny how the media doesn’t point that out. ESPECIALLY since it happened close to the date of the Sandy Hook shooting.2 - Taking away guns reduces our chance of fighting back against the government if it say, is deciding to turn into a dictatorship… *cough* *cough* China *cough* *cough* Don’t even get me started on the horrendous human rights violation in China and no one can do anything because guess what? They get sent to camps where they get harvested for organs… WITH GUNS THAT THE GOVERNMENT HAVE!3 - Researchers have shown that shootings happen not because guns are evil, but of mental health issues. Sandy Hook and numerous other shootings are by people who have grown from a horrendous childhood (Sandy Hook kid was bullied intensely by his peers) or an extremist (2016 shooting in a gay club by you know, straight guys). So ban guns and ignore the problem or should we say cut off part of a cancer and let it grow back?4 - Its way better to train people in gun usage, like a police course 101, but less intensive and more friendly. Research have shown that VIOLENT teens who have gone through martial arts programs are calmer and more productive members of society. Going back to number 3, what was it about mental health?5 - Guns are a great self defense tool. You might say, “Guns are evil.” But picture your sixteen year old beautiful daughter in the house when burglars invade. Would you rather come home and comfort your daughter for defending the house or would you rather come home, find her naked and gang raped? Your choice. (Yeah, I know, damsel in distress and all that, sorry feminists!)To me the hate gun club is just, horrendously… Wrong. If the people would just spend two seconds doing research, they would find a better long term solution. Pretending that gun don’t exist doesn’t make it disappear, it is there, and it can be used for good…Thanks with much respect,Kent ZhengGun, Harder or Easier to Get? - Kent Zheng
Why do some people hate investment banking? Why do so many people hate investment bankers?
Public consensus is that investment bankers make extraordinary profits from seemingly non constructive work. Whereas an outsider can see the broad utility in, say, a carpenter, musicians, teachers, and so on, investment banking can look like a means of making money from the labours of others, without physically doing anything. The disparity between the perceived contribution and the perceived rewards creates a sense of enormous injustice. Investment banking rarely gets much positive press either. We hear when it goes wrong - say Bernie Madoff [1], or the 2008 Financial Crisis - but not say when it fuels the growth of pension funds or the western world for the best part of a century [2]. Contributing to this sense of injustice is the seeming amoral and capricious role the markets themselves play in everyday lives. They may be broadly efficient, but they certainly don't appear to be fair (in the mainstream sense): companies are whimsically merged and thousands let go from their jobs, for instance. Modern capitalism is a complex dynamic system that takes serious effort to understand and risk to profit from. We need smart investment to fuel the incredible market growth behind so much we now take for granted. However these realities are not part of the public consciousness, and the public don't value them. I don't expect they ever will. [1] http://en.wikipedia.org/wiki/Ber...[2] http://observationsandnotes.blog...
How do Islamic banks make money if they can't charge interest because of shari'a?
I've taken loans from Islamic and non-Islamic banks. They all make money, but differently.Let's say you want to buy a car for $10,000, over 5 years.Non-Islamic bankThe bank says: $10,000 compounded on a Monthly basis over the course of 5 years at a 4% interest rate would be worth: $12,210. They tell you let's make the monthly payment $200.They calculate the interest every month. Your first payment would be fully interest, your last one would have no interest in it.During the loan you can:Delay a payment (only interest for that is added to the loan, the 5 years increases)Take more money on the same loan (Refinance)Pay partially or fully.During the loan the bank can:Increase the interest rate (in some places, without telling you, and you keep paying the same $200 monthly but the 5 years increases)If the rate increases, or any payment is delayed you will pay more than $12,210.The loan is for $10,000 with interest payments monthly. You don't know if it will finish on the exact date.Islamic bankThe bank says I will buy the car for $10,000 , would you buy it for $15,000? (I say 15 for simpler calculations, it's usually just a little higher than a non-Islamic bank). We don't call it interest, it's profit.If you say yes they will buy it. You still have the option to refuse buying it from the bank.The $15,000 will be split into 60 payments of $250.During the loan you can't:Delay a payment (you have to pay it)Take more money on the same loan (Refinance), you can take a new loan.Pay partially.During the loan the bank can:Force you to pay a payment.If you fully pay an Islamic loan before it's completion, most Islamic banks would pay you an "early repayment reward", which would reduce their profit.The loan is for $15,000 with NO interest payments. You know the exact date when it will finish.
Why do Asians immigrate to America?
Many Asian places are VERY crouded, especially Japan and there is lots of open space in America. Or some times they probably think that America is awesome because it is totally different then Asia.
How do investment banks monitor their employees' personal trading accounts? Also, what are legitimate ways to avoid this disclosure?
In the US, you are required by law to tell your broker that you work in a bank, and the broker will send your employer a complete list of trades for both you and anyone you live with. Also if you plan to do stock trades, you will need to get preclearance from a 800 number. You call them up and they say yes or no.There are no legitimate ways of avoiding disclosure. They are really serious about this and if they catch you with an account that you didn't report, or if you make a single trade that you didn't pre-clear, you are likely to get instantly fired. Also, you don't know what they know. It is highly unlikely that you will be allowed to do causal stock option trading. You will have to hold any position for at least 30 days, and you cannot short, which means that you will not likely be able to hold a put option. Also, you do not know if you have insider information. Insider information is a catch-22 because you may have insider information and not know it. For example, when I ran back testing, I had to do this with real trade data, and even seeing the names of the companies that we were doing trades with caused me to be "tainted."When you call up compliance, you tell them the trade that you want to make. If they say no, then won't tell you why, the person on the phone probably doesn't want to know why, and you don't want to know why.As far as why you are forced to go through this, you get a large salary and bonus, and having to give up the right to personally trade is one reason that you get your large salary and bonus.