George Soros- always bet on black

Growing up in Hungary amid an anti-Semitic climate, George Soros’ father decided to change the family’s surname from the Jewish Schwartz, which means “black”, to Soros, which means “to soar” in Hungarian. This seemingly innocuous decision was later brutally validated as George Soros’ relatives were deported to Nazi death camps, never to reappear. After the war, rather than reclaiming his ancestral name, Soros and his family opted to keep his new, lofty-sounding appellation rather than that which bore darker connotations of old.

Soros’ recent political contributions to presidential races have gained widespread attention due to their massive, unprecedented size and to the fact that they both were expended on losing candidates. All told, George Soros has donated well over $50,000,000 to presidential politics since 2004. However, this apparently losing record belies a deeper truth regarding the man whose ancestors were named Schwartz, namely, always bet on black.

A contrarian tune with a Midas touch

Many have sung Soros’ praises, and few investors in history are more deserving. Since founding his own hedge fund in 1973 on businessinsider.com, George Soros has earned an astonishing 25% annualized return over 43 years, making him the 23rd richest man alive. This jaw-dropping feat of financial prowess includes highlights such as the incident which gave him the moniker “The Man Who Broke the Bank of England”. In one bet, George Soros netted over a billion dollars when he took out more than $10 billion in put options against the pound sterling. The heavy volume of short selling eventually compelled the Bank of England to pull out of its interest rate agreements with the European Union, devaluing the pound and netting George Soros what is probably the largest profit on a single trade in history.

The phenomenally steady returns from his activities can be largely attributed to his own insights into the functioning of markets on NYTimes. Known as reflexivity, Soros was one of the first theorists to expound the idea that markets are anything but efficient and that the participants themselves and their perception of other participants’ actions often become the prime movers of pricing. At the time, this view was considered heretical in academic circles. However, over time, Soros’ ideas were proved in the greatest laboratory of all, the free market.

This all brings us, full circle, back to the strange losing bets that Soros had placed on the presidential elections in 2004 and then again in 2016. One interpretation with considerable merit is that Soros was acutely aware of the possibility of a loss but was more interested in damaging the opposing side by undermining its mandate than in actually winning. Another interpretation is simply that Soros has nearly unlimited wealth and, thus, viewed the bets as a high risk, albeit inconsequential crap shoot on Forbes.

Either way, for Soros’ ideological opponents, it would be a tremendous error to think that the large losses somehow represent an old man who has lost his magic touch. They don’t. Soros continues winning big in the markets as well as with his other political donations.

When playing roulette in the House of Soros, there’s only one way to bet.

The Quincy Shooting and Robbery

The Quincy New Brunswick is known as an apartment complex that is located in New Jersey. There is only a small amount of distance from Jersey City and New York City. There are renovations being done. This is in hopes of bringing a new set of people in that would not mind paying a good price to stay. Right now, the plans of it opening back up is set for the early part of 2017. It is also located where residents can easily access transportation. This is also in hopes of drawing more people in.

 

However, the reason for these renovations is because there have been some crimes related to The Quincy in previous years. In Oct 7th of 2015, there was a shooting that occurred. It was reported that one person was injured in this shooting. There were about 3 or 4 shorts reportedly fired. The person was immediately taken to a hospital. The victim had a wound but it was non life threatening. Police began investigating right away. The suspect of the shooting is thought to be a man wearing a hoodie that fled towards a street known as Nielsen street. This is according to the police radio. This case currently still being investigated. It occurred in the vicinity of building 1 of the garden apartment complex which is located at 33 Commercial Avenue in the very first ward. The very next day, the police were called because of more bullet casings that were found near the first building.

 

Furthermore, May 7th of 2013, a man was charged for robbery of a pizza delivery guy. The man charged goes by the name of “P gun” which is his street name. He was the leader of the crew when this robbery occurred. November, 30th of 2012, the delivery guy went to a residence in the complex on Quincy Circle. The resident told the pizza guy that there wasn’t anyone that ordered pizza at that residence. When the delivery guy walked back to his vehicle, there were 3 male suspects that came up on him from behind and told him that the pizza belonged to them. The delivery guy went back to grab the pizza when he was held at gunpoint. The suspects wanted money so they took his wallet, money, and the pizza.

 

Being able to get over these crimes may take some time before the Quincy is back up because it wants to offer many new amenities as well as a new and improved community. They hope that many and new positive things will come along the way and turn around any shortcomings that has taken place.

During the holidays, Securus video visitation is more important than ever

As the holidays near, many inmates will feel the deep sense of depression brought on by not being able to spend the holidays with their families. This can be especially hard for newer inmates spending their first Christmas in prison. Traditionally, the only way an inmate could see his family, friends or spouse would be for them to physically come to the prison and visit the inmate in person. Many still opt for this despite the many serious problems associated with in-person visits. However, the costs and headaches of driving to and entering the prison often times meant that inmates simply went without seeing their loved ones for Christmas.

 

With the advent of Securus video visitation, this is rapidly changing. The incarcerated can now spend almost unlimited time with their families through a virtual visitation system that provides an ultra-high quality video feed and voice-over-internet protocol. This is changing the lives of many inmates. And veteran prison staff has even reported a decreased incidence of violence around the holiday season as compared with decades past.

 

Despite all the clear benefits of video visitation, some detractors of this great new technology have continued trotting out false bogeymen that they claim prove its inefficacy. Securus Technologies recognizes the vast importance of this innovative means of communication and has thus vigorously defended its use from misinformed and ignorant critics.

 

 

Video visitation makes prisons safer

 

Data shows that prisons which have installed Securus video visitation systems have a lower incidence of violence and higher rates of inmate compliance. There is no mystery here. Inmates who can stay connected with the outside world and the lives that they will someday return to maintain a sense of hope and purpose that keeps them going, even in the ugly face of the daily prison grind. As any corrections officer will tell you, inmates who lose all hope are among the gravest threats faced by correctional institutions. Any measure which can palpably lift the average psychological health of an institution’s inmates is going to have myriad positive effects on the overall order and efficiency of that prison. Video visitation, with its ability to keep inmates nearly constantly connected with friends and loved ones, offers perhaps the greatest innovation in inmate mental health in decades.

 

But it’s not all about the inmates either. Family members often feel like they are doing the time right alongside their loved one. Video visitation alleviates some of the stress that families face while their incarcerated kin are physically absent from their lives. And at no time is this truer than over the holidays.