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StephanieVanbryce

06/26/13 8:11 PM

#205744 RE: F6 #205743

SNOWDEN: A Ron Paul man and a short-seller

This is Page TWO of this [ http://arstechnica.com/tech-policy/2013/06/exclusive-in-2009-ed-snowden-said-leakers-should-be-shot-then-he-became-one/2/ ] Snowden of course goes by "TheTrueHOOHAH"



If Snowden was getting comfortable in Geneva, he was fully at home in #arsificial. In a departure from his nearly 800 posts in other Ars forums, here he spoke bluntly on matters of state. In the months following the 2008 election, he discussed his embrace of a return to the gold standard and his admiration of its highest-profile champion.

In his more hyperbolic moments, Snowden spoke about the fall of the dollar in near-apocalyptic terms. "It seems like the USD and GBP are both likely to go the way of the zimbabwe dollar," he suggested in March 2009. "Especially with that cockbag bernanke deciding to magically print 1.2T more dollars."

< User9> haha did you see ron paul at the latest bailout hearings

< User9> he brought up the gold standard

< TheTrueHOOHA> He's so dreamy.

< User9> asked if there had been any discussion about that

< TheTrueHOOHA> Got a link?

< User9> no

< User10> Ahh gold standard.. it'll never happen, harder to manipulate.

< TheTrueHOOHA> That's kind of a selling point.

< User10> No it's not

< User11> hahahahhahaah you actually like the gold standard
you dumb baby

< TheTrueHOOHA> I suppose if you're a fan of runaway inflation and leverage schemes, that's true.

His social views veered libertarian, too. In a February 2009 chat, Snowden said that while he "never had anything to do with drugs," the marijuana farming that was conducted openly in some parts of Australia "reflects positively on the country... +1 for personal freedoms."

Later in the same chat, Snowden made a joke that may have been telling. He suggests that the US government was engaged in domestic spying even back then.

Snowden wrote: "Too bad the [Australian] government is luddite technophobes... USA FUCK YEAH... WE LOVE THAT TECHNOLOGY SHIT. HELPS US SPY ON OUR CITIZENS BETTER."

The high unemployment rate that was on the way for the US didn't phase Snowden; those wringing their hands and seeking conventional Keynesian solutions seemed softheaded to him. Obama was "planning to devalue the currency absolutely as fast as theoretically possible," he wrote. Rising unemployment was a mere "correction," a "necessary part of capitalism."

< User12> how then do you deal with 12% unemployment

< TheTrueHOOHA> can't have it both way.
Almost everyone was self-employed prior to 1900. Why is 12% employment so terrifying?

< TheTrueHOOHA> that's nothing.

< User12> we'll see what happens. im tired of trying to predict how this will all turn out
it's a huge fucking mess

< TheTrueHOOHA> short selling FTW. :D

Short-selling, as it happens, wasn't just a quip for Snowden. In the end of 2008, with the world economy in a tailspin, stock trades consumed a great deal of his attention. In November of that year, Snowden complained that he "lost $20,000 in october alone," but he was confident that short-selling was the way to get it back. "I made $1200 today on ultrashort etfs," he wrote later that day. "only $18800 to go before I make up my losses for the year."

And he didn't just love shorting stocks; he loved defending the practice online as well. Snowden relished the intellectual combat in defending a trading practice he knew was controversial, but he was convinced it was vital and ethical.

< User13> Dow 6000 here we come..

< User14> what's it at now? 7800s?

< User13> 7997 I think

< User13> I wouldn't be surprised to see the Dow hit 6xxx numbers... I figure that's as low as it goes, of course it may flatline there for a while.

< User15> pray for 5;s

< User16> why?

< TheTrueHOOHA> because then i'll be filthy fucking rich

The next month:

< TheTrueHOOHA> HAHAHAHAHAHAHA. Money, bitches!

< TheTrueHOOHA> I just want to point out that all of you bottom callers were wrong, and I, in fact, was right. That is all.

< User17> ??

< TheTrueHOOHA> Stock market. Fake rally earlier today, then it had a heart attack in the final hour.

During the election, Snowden suggested he could support Obama if he were somehow to join forces with his opponent, John McCain. Snowden saw McCain as an "excellent leader" and "a guy with real values," unlike Bush. But he wasn't dreading an Obama presidency. "We need an idealist first and foremost," he wrote. "Hillary Clinton, I think, would be a pox on the country."

Once Obama took office, Snowden groaned about his policies with increasing frequency. Fears that Obama might revive an assault weapons ban didn't sit well with him as a defender of the Second Amendment. Another sticking point was social security. Snowden was an individualist, even when it was unpopular; he saw little need for a safety net.

< TheTrueHOOHA> save money? cut this social security bullshit

< User11> hahahayes

< User18> Yeah! Fuck old people!

< User11> social security is bullshit

< User11> let's just toss old people out in the street

< User18> Old people could move in with [User11].

< User11> NOOO

< User11> they smell funny

< TheTrueHOOHA> Somehow, our society managed to make it hundreds of years without social security just fine

< TheTrueHOOHA> you fucking retards

< TheTrueHOOHA> Magically the world changed after the new deal, and old people became made of glass

< TheTrueHOOHA> yeah, that makes sense

< User11> wow

< User11> you are just so fucking stupid

< TheTrueHOOHA> yeah, [User11]. and you're quite a gem

< User19> TheTrueHOOHA: and magically, life expectancy has doubled in the last 100 years.funny how that works.

< TheTrueHOOHA> [User19], you don't think modern medicine has something to do with that? no? it's social security? wow. I guess I missed that.

< User11> hurr wait a second, life expectancy has shot up in recent times along with the dissolution of the communal family unit in exchange for the nuclear family

< User11> gee i guess we might need to create a safety net for the sudden glut of helpless elderly????

< TheTrueHOOHA> they wouldn't be fucking helpless if you weren't sending them fucking checks to sit on their ass and lay in hospitals all day

< User11> you are so goddamned stupd*pid

< User11> PUT OLD PEOPLE TO WORK IN THE FIELDS

< TheTrueHOOHA> my grandmother is eighty fucking three this year, and you know what? she still supports herself working as a goddamned hairdresser

< User11> [other user] no after all these years, i can tell when TTH is just being stupid (it's always)

< TheTrueHOOHA> she doesn't approve of social security, either

< User11> TheTrueHOOHA: wow i love how your one data point is all the evidence we need

< User11> i for one am convined

< TheTrueHOOHA> maybe when you grow up and actually pay taxes, you'll understand, [User11].

AND you need to read Page ONE!, What an entitled little shit! how on earth do you raise someone like this? . . Really it must take a good deal of effort. I will go read Page Three now ... ;)
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fuagf

06/27/13 1:49 AM

#205747 RE: F6 #205743

lol .. interesting, eh .. thanks.