Stocks were a type of restraining device historically used as a form of punishment and public shaming. Evidence suggests their use dates back to Ancient Greece, as described in Solon's law code. The stocks involved confining a person's feet, and the duration of confinement could be determined by the court or authority imposing the punishment.
US stock markets, including the S&P 500 and Nasdaq, are experiencing declines as investors react to surging Treasury yields and increasing oil prices caused by geopolitical tensions in the Middle East.
In 1989, the town of Dermott, Arkansas, enacted a curfew law that stipulated punishments including jail time for offenders and time in the stocks for the offender's parents. However, the city quickly remitted the punishment due to lacking a set of stocks and allocated funds for their construction.
In 2012, in Colombia, Alfreda Blanco Basilio and Luis Martinez were placed in stocks by the Sampues tribe because of Basilio's adultery. Basilio spent 72 hours barefoot in the stocks for her offense.
In 2016, the British town of Thame gained international attention with a proposal to construct stocks for hire and charitable events. Councillor David Bretherton suggested using the stocks for fundraising activities, such as having people donate money to tickle the feet of those in the stocks. The stocks were not intended for punishment, but rather for entertainment purposes.
In 2020, during the COVID-19 pandemic, police in Chinu, Colombia, placed residents who violated quarantine orders in stocks for a few hours as a form of punishment.
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