/r/wsb autists taking on a wallstreet hedgefund. Elon musk involved as always / wallstreetbets / gamestop - Gamergate 2: financial boogaloo

[Pixy]

Pretty much same experience here. I do have to wonder at the age of some people here, and if they remember or lived through all the 9/11 fuckery, or witnessed the insane dwindling of personal freedoms/rights and general privileges society afforded you in as little as 20 years go.

The ultimate question of "Why?" to me is unknowable and ultimately meaningless or pointless. From a pragmatic standpoint: I know what they're currently doing, what they have done, and what they plan to do, and that's enough for me to create larger abstractions on future plans.

Major conflicts have always resulted in restrictions of freedom. Passports were borne out of wartime measures in the 20th century, for example, and now they're required for any form of international travel.

 

[Donny Cheese]

Power, and money for what? What are they going to do with it? What happens afterwards? What's the end goal?

The end goal has always been a rat race for more power and money. If reading through this thread hasn't showcased that these "elites" are doing everything in they can to make more money which grants them more power, all the while claiming that the common man is evil when their own tactics are used against them, and have to cheat and use government money to stay afloat after their own arrogance dooms them ask yourself this, why did they go so far? why did they doom themselves with such an unmanageable lust that this whole fiasco blew up to historical levels? the answer is a tale as old as time greed nothing more, nothing less.

Asking questions about the world around us = childish thing
This is one of the lamest thing i have ever read on this site, because most of the people (including kids , teens , adults, old people, etc. ) are very curious and very eager to discover new things about this world .

The issue (at least for me) isn't about asking questions it's about thinking that others are going to far in their own thinking despite numerous similarities throughout history of elites using their wealth fueled power to skirt around the rules and gradually implement more and more rules for the peasants to follow that grant them even more control over the general populace.

Like spasticus is saying their is a limit to what you can learn by simply asking. Why? However I take that to mean you should also ask questions that cut to the heart of your doubts rather than only repeating why over and over again, as knowing the exact reasons why anyone does anything is only truly known by themselves and (most likely) the ones closest to them, however we can make a guess at what their end goals were/continue to be by looking at their actions both past and present, just know that ultimately the goals are what is focused on the most, with the means coming into question when the morals don't match up.

Besides even when these people start posting the wildest of conspiracy theories, it's clown world anything could happen, at least, it has so far. It doesn't make them any better, it just becomes more bizarre when some turn out to hold some truth to them.

 

[Bloody bunny]

I really, really hope Pocahontas gets this through. It would expose the total hypocrisy of these cunts.

And it will redpill more people than anything else imo.

Now we know who he works for and it’s not us.

 

[Revo]

Louis made a new yt video today called "How PR failings lead people to assume the worst: Robinhood's screwup encouraged a populist revolt"

 

[Dogfacefuke]

HOW FUCKING DARE ANYONE OUT THERE MAKE FUN OF JEWS, AFTER ALL THEY'VE BEEN THROUGH!!!

THEY LOVE THIER MONEY!!!! THEY WENT THROUGH A PEDO COURT! THEY FUCKED 2 FUCKING KIDS! JEWS HUSBANDS TURNED OUT TO BE TRANNYS AND NOW THEY ARE GOING TO CONGRESS!!!! ALL YOU PEOPLE CARE ABOUT IS FEEDERS AND WHITE SUPREMISCITS!!!

JEWS ARE HUMANSSSSS!!!!!!!!!!

 

[Dafuqisdis?]

Don't know if this has been posted yet but I got a laugh out of it.

 

[wtfNeedSignUp]

If we go philosphical until the next chapter, how I see the current social dynamic is that the ultra rich want to reduce class mobility as far as possible and limit the occurences of it to the "correct" people who share their politics. They have ridiculous government connection and employ journos in outright propoganda and scare tactics. The average person on the street just wants his Marvel film and plastic goods and while not necessarily believe the media, he will still go along what they say since being an informed person takes time that isn't spent consooming.
Any drastic measurement by the Biden administration is likely to end in blood. The man that has nothing to lose might be the most dangerous, but the man who finally had something only for it being snatched away is a close second. It will be a government stamp on cementing an economical aristocracy.

 

[LurkTrawl]

Tl;dr: Covid lockdowns weren't put in place to purposefully kill retail and the middle class.

Except they were. It perhaps didn't start out as that but it's been how many weeks since "two weeks to flatten the curve"?

Jesus fucking christ, take your fucking meds, and calm your asses down.

Nah I'll skip my daily bluepill, thanks.

 

[Dogfacefuke]

Nah I'll skip my daily bluepill, thanks.

Pass em to me bro

 

[he who has thus come/gone]

I don't mean to constantly be quoting 1984, since it's such a boomer reference (huxley was closer to the mark in america's future too), but since it was already brought up, here's a great quote from O'Brien on why the elites want power:

O'Brien: "Power is inflicting pain and humiliation. Power is in tearing human minds to pieces and putting them together again in new shapes of your own choosing."
"Power is not a means; it is an end. One does not establish a dictatorship in order to safeguard a revolution; one makes the revolution in order to establish the dictatorship. The object of persecution is persecution. The object of torture is torture. The object of power is power."

A rough quote from Seneca: "The nature of power is to constantly seek more power."

There's no stopping these vultures. At least not by relying on goodwill.

 

[Shroom King]

Looks like RobinHood isn't just selling shares without consent, they're forcibly selling customer's call options out from under them.

View attachment 1881341
View attachment 1881343

For those who don't know the terminology, a call option is a contract you can buy that gives you the option to buy stock at a specific price, by some future date. If you don't exercise the option by its expiration, you lose the little bit of money you paid to have it; if you do exercise the option, you pay cash for the shares and get the shares at that price. You can also sell the contract itself to someone else before it expires.

The first guy basically had the option to buy 100 shares of GME at $115 while the price was around $300... and before he could choose to buy the shares, RobinHood forcibly sold the contract out of his account.

I'm tripling down on RH taking the other side of customer trades, or enabling Citadel to do so (who is now panicking). But that fucking CEO will probably come on and moan again about the clearing house not having enough shares to meet these contracts. This level of theft is fucking gross.

The people at Robinhood that are doing this shit and selling people's shares at the bottom of the price dip without consent NEED TO FUCKING HANG.

We should kill you for being a rule lawyer

I am not the bad guy here, POOP ASS.

 

[DeadFish]

There this book you guys ought to check out.

Its titled "Free lunch By David cay johnson"
It was writen during the post Clinton era.
Despite being dated it still relevant to whats happening to today.

Its about how the rich use their wealth to weaponize the goverment in their favor. Seems like not much has changed. In fact its gotten worse.


Also for those wishing to do minecraft?

I leave you with this quote:
When it gets down to having to use violence, then you are playing the system’s game. The establishment will irritate you – pull your beard, flick your face – to make you fight. Because once they’ve got you violent, then they know how to handle you. The only thing they don’t know how to handle is non-violence and humor.

John Lennon.

Nothing turns the authority of a tryant into mush quicker then said power being made into a mockery.

Thats why this "hold the line" stuff is working. Its fun, its funny, its non violent but it gets them where it hurts.

Remember the end goal is to "provoke, disrupt, delay, and deny".
Pranks and this gamestock thing can achieve these same ends just as well (if not better) then actual violence.

The reason its better then actual violence is cause it provokes the narcissistic egos of the elite into violence.


The prank makes you look fun and harmless and their reaction to it makes them look like overbearing, crazed and out of control assholes. It gets them to give up their legitimacy and support fast

Take care and good luck

 

[Elwood P. Dowd]

If we go philosphical until the next chapter, how I see the current social dynamic is that the ultra rich want to reduce class mobility as far as possible and limit the occurences of it to the "correct" people who share their politics.

A bit like China through the 19th century where somebody poor could rise up only through passing a series of civil service exams. Which, IIRC included "correct" interpretations of Confucius and Lao Tzu. Back to the rice paddies otherwise, peasant. Makes a depressing amount of sense in a non-conspiratard sense when you think about it.

Spoiler: off-topic

'Course it didn't always work, even in China. A dude who failed the exams had a nervous breakdown went on to declare himself Jesus' younger brother, seized control of a huge territory and was actually able to bring an army to Beijing itself and briefly lay siege. The Taiping Rebellion might be my favorite forgotten bit of history. Hong Xiuquan, was basically a Chinese Brigham Young, up to and including the polygamy thing. His mistake was trying to confront the TPTB rather than sneaking off the desert like the Mormons did, so he ultimately got crushed. The Taiping Rebellion makes for interesting reading if you're into that kind of thing.

Still, bet that in retrospect they wish they'd just passed him.

 

[Lone MacReady]

The prank makes you look fun and harmless and their reaction to it makes them look like overbearing, crazed and out of control assholes. It gets them to give up their legitimacy and support fast

I've seen proof of that in just the last 48 hours alone. Cunts like Pelosi talking about regulating shit, billionaires pissing themselves and throwing 2nd grader-tier tantrums, and the WallStreet industrial complex bending itself into a pretzel to keep the plebs from participating in the acts they've gotten away with for decades. They are pushing the public's patience, have been for a long time, we were well overdue for some kind of rebellion.

 

[Friend computer]

I've seen proof of that in just the last 48 hours alone. Cunts like Pelosi talking about regulating shit, billionaires pissing themselves and throwing 2nd grader-tier tantrums, and the WallStreet industrial complex bending itself into a pretzel to keep the plebs from participating in the acts they've gotten away with for decades. They are pushing the public's patience, have been for a long time, we were well overdue for some kind of rebellion.

Whats funny to me, that I dont know enough about the stock market to participate still know the two most important rules.

Dont bet what you cant afford to lose, and dont put all your eggs in one basket.

And now they are throwing temper tantrums because of it.

 

[DeadFish]

I've seen proof of that in just the last 48 hours alone. Cunts like Pelosi talking about regulating shit, billionaires pissing themselves and throwing 2nd grader-tier tantrums, and the WallStreet industrial complex bending itself into a pretzel to keep the plebs from participating in the acts they've gotten away with for decades. They are pushing the public's patience, have been for a long time, we were well overdue for some kind of rebellion.

Yeah we re in the situation of trying to get the other side to spill blood first.

The elites main source of power is the media and the media provokes people into violence. The more violent they can get the other side the more sound bites they can use to beat you with.

Humor denies them this.

Humor can provoke them into violence all the while making you look like the good guy.

If the elites can be provoked (via a joke) into slaughtering an entire orphanage type of violence then its game over for them.

Once again any tactics ought to:
"Provoke, disrupt, delay and deny"
and as non violently as possible.

Do that and you'll win

 

[Gay_Frog]

A bit like China through the 19th century where somebody poor could rise up only through passing a series of civil service exams. [/SPOILER]

Well it still happen but instead of going to a job you go to university, so a worse version. See the national test and that city that is made for the students to make them study, and see almost all of them are from peasant families.

 

[Garm]

I like the "we can stay retarded longer than they can stay solvent" meme as much as the next GME-hodling shitposter. But there's a mathematical question behind that joke, and the resolution of the short squeeze:

Does Melvin/Citadel actually have the money to backstop?

Everybody assumes "no", because shorts are supposed to have infinite loss potential. But if you roll the positions as you acquire gleanings of stock, and pay off the earliest expiring shorts, and bully your counterparties into accepting delayed payment to meet the timings, you can keep it going forever... provided you have a lot of money.

But could they have that kind of money available to bail out the entire system? Is it possible for the system to have that much cash on hand to keep itself going?

Just gonna leave this here. No reason, felt doomed, might delete later..

View attachment 1882147

I doubt they have that money on hand. These people are addicts. They had that money spent before they had it.

The GameStop thing disrupted their plans. It is an unexpected expense at the worst possible time.

Unless they did the smart thing and kept some liquidity. But since they are screaming the worst word known to their kind (REGULATION) they probably don't.

 

[Tour of Italy]

Add this to this list of things I love about this whole ordeal:

The amount of buzz and solidarity this is creating proves that our massive anti-establishment social tensions were not Trump’s fault and they will not go away with him. Anyone who still thinks he was the illness and not just a symptom is having a rude awakening; and we get to watch it in real time as they scramble to spin this.

Grab the popcorn.

 

[EyelessMC]

Forgive me, but I just don't have proper mindset for it.
I'm not rich, and I just don't have the mind of someone who is. I understand wanting money, and power, but I just don't see what they can't already do with the amount they already have.

Even removing the potential conspiracy perspective, this exact phrase being uttered sincerely by anyone in relation to anything Wall Street and/or government does is absurd

Yeah, they could rule over us 1984-style, but what's the fun in that?

Please tell me this is just you RPing

Don't know if this has been posted yet but I got a laugh out of it.

View attachment 1882603

Nothing brings everyone together like a nice cozy bonfire with money snakes as the kindling