Gamestop stonks revolution

[Cunt]

This stonks thing ran a flag up the pole. Observe who salutes it.

[Joe]

So that's what Twitter was a-titter about today. Typical Wall Street assholes - they're all anti-regulation, unfettered free market fans until they take a loss, then they want a bailout.

I hope those redditors sold near the top.

They aren't.

They are holding spitefully, and Joe, there is kind of a deep well of spite against the TWSA's

It's almost like all the political factions are aligned on this one.

Or like it's a hilarious trap to catch gullible people who read too much into stock market fulgurations.

Man, it must be nice to be able to blow money like that, just to tweak the masters of the universe.

[Cunt]

Man, it must be nice to be able to blow money like that, just to tweak the masters of the universe.

Many have already lost 'everything', so are just burning their last bits on this pyre.

I once heard 'don't get into a pissing contest with a guy wearing a raincoat'.

[Cunt]

I guess it isn't fair to attack those brave, selfless hedge-fund operators.

https://www.forbes.com/sites/johntamny/ ... 3adc7973cf

Please keep this in mind as pundits make their silly arguments about GameStop’s price action signaling a shift of power away from hedge funds, and back to the little guy. Such a view isn’t true, plus it ignores the heroics of short sellers. They’re in truth price givers, and the economy couldn’t function without them.

[Joe]

I guess it isn't fair to attack those brave, selfless hedge-fund operators.

https://www.forbes.com/sites/johntamny/ ... 3adc7973cf

Please keep this in mind as pundits make their silly arguments about GameStop’s price action signaling a shift of power away from hedge funds, and back to the little guy. Such a view isn’t true, plus it ignores the heroics of short sellers. They’re in truth price givers, and the economy couldn’t function without them.

Well, starting the article by praising John Paulsen doesn't do anything for his argument with me. I know Paulsen was praised as the foresighted guy who saw that mortgage backed securities and their credit default swap hedges were a doomsday machine, but where's the virtue in seeing an economic meltdown coming and making billions of dollars on it instead of, I don't know, warning everybody?

That's no hero. That's a vulture!

[Cunt]

OOoooohhhh!
SOMEone is getting a strongly worded letter.


I am absolutely unfit to offer financial advice, so I won't. I'll even spoiler this inspiring image...

Trigger Warning!!!1! :

...of me heading off to get into the stock market!

[laklak]

It's a thing of beauty, the little man standing up to the politico/financial/industrial machine. Beautiful but doomed. Watch what happens next, how the Gummint (Little Man Democrats though they be) pulls Wall Street's cock out of it's collective ass and licks it clean. Their masters are calling - we cannot have the filthy masses fucking with real money. They'll charge the redditors with some trumped-up (no pun intended har) bullshit like insider trading or conspiracy.

But it begins.

[L'Emmerdeur]

That's no hero. That's a vulture!

Poetic and apt, but too kind. I'd say he belongs more in the suborder Ixodida:

[Cunt]

It's a thing of beauty, the little man standing up to the politico/financial/industrial machine. Beautiful but doomed. Watch what happens next, how the Gummint (Little Man Democrats though they be) pulls Wall Street's cock out of it's collective ass and licks it clean. Their masters are calling - we cannot have the filthy masses fucking with real money. They'll charge the redditors with some trumped-up (no pun intended har) bullshit like insider trading or conspiracy.

But it begins.

It will be claimed criminal, whatever the cost.

Can't have regular people tugging at the levers.

[laklak]

The first thing the SEC will do is ban fractional share sales, which will put a lot of stocks out of reach for small investors. Then they'll charge a couple of high profile reddit traders with conspiracy.

Fucking asshole fascists. Burn them all. If you thought your Democrats were any better than the GOP, watch this space. True Colors gonna shine through.

[Hermit]

The first thing the SEC will do is ban fractional share sales, which will put a lot of stocks out of reach for small investors. Then they'll charge a couple of high profile reddit traders with conspiracy.

Fucking asshole fascists. Burn them all. If you thought your Democrats were any better than the GOP, watch this space. True Colors gonna shine through.

The SEC is staffed by Democrats? And whoever "they" are have all been appointed by them too? Next thing you'll tell us the entire justice system has been stacked by them too. Laklak, your prejudice is blinding you to reality. Get help.

[Seabass]

The first thing the SEC will do is ban fractional share sales, which will put a lot of stocks out of reach for small investors. Then they'll charge a couple of high profile reddit traders with conspiracy.

Fucking asshole fascists. Burn them all. If you thought your Democrats were any better than the GOP, watch this space. True Colors gonna shine through.

The Dems aren't fascist, they're neoliberal. When I call MAGA a fascist movement, I don't do so to be mean, I do it because it is accurate.

Neoliberalism

Neoliberalism or neo-liberalism is the 20th-century resurgence of 19th-century ideas associated with economic liberalism and free-market capitalism. It is generally associated with policies of economic liberalization, including privatization, deregulation, globalization, free trade, austerity and reductions in government spending in order to increase the role of the private sector in the economy and society; however, the defining features of neoliberalism in both thought and practice have been the subject of substantial scholarly debate. In policymaking, neoliberalism was part of a paradigm shift away from the prevailing Keynesian economic consensus that existed prior to the persistent stagflation of the 1970s.
https://en.wikipedia.org/wiki/Neoliberalism

Fascism

In his 1995 essay "Ur-Fascism", cultural theorist Umberto Eco lists fourteen general properties of fascist ideology. He argues that it is not possible to organise these into a coherent system, but that "it is enough that one of them be present to allow fascism to coagulate around it". He uses the term "Ur-fascism" as a generic description of different historical forms of fascism. The fourteen properties are as follows:

1. "The Cult of Tradition", characterized by cultural syncretism, even at the risk of internal contradiction. When all truth has already been revealed by Tradition, no new learning can occur, only further interpretation and refinement.
2. "The Rejection of modernism", which views the rationalistic development of Western culture since the Enlightenment as a descent into depravity. Eco distinguishes this from a rejection of superficial technological advancement, as many fascist regimes cite their industrial potency as proof of the vitality of their system.
3. "The Cult of Action for Action's Sake", which dictates that action is of value in itself, and should be taken without intellectual reflection. This, says Eco, is connected with anti-intellectualism and irrationalism, and often manifests in attacks on modern culture and science.
4. "Disagreement Is Treason" – Fascism devalues intellectual discourse and critical reasoning as barriers to action, as well as out of fear that such analysis will expose the contradictions embodied in a syncretistic faith.
5. "Fear of Difference", which fascism seeks to exploit and exacerbate, often in the form of racism or an appeal against foreigners and immigrants.
6. "Appeal to a Frustrated Middle Class", fearing economic pressure from the demands and aspirations of lower social groups.
7. "Obsession with a Plot" and the hyping-up of an enemy threat. This often combines an appeal to xenophobia with a fear of disloyalty and sabotage from marginalized groups living within the society (such as the German elite's 'fear' of the 1930s Jewish populace's businesses and well-doings; see also anti-Semitism). Eco also cites Pat Robertson's book The New World Order as a prominent example of a plot obsession.
8. Fascist societies rhetorically cast their enemies as "at the same time too strong and too weak." On the one hand, fascists play up the power of certain disfavored elites to encourage in their followers a sense of grievance and humiliation. On the other hand, fascist leaders point to the decadence of those elites as proof of their ultimate feebleness in the face of an overwhelming popular will.
9. "Pacifism is Trafficking with the Enemy" because "Life is Permanent Warfare" – there must always be an enemy to fight. Both fascist Germany under Hitler and Italy under Mussolini worked first to organize and clean up their respective countries and then build the war machines that they later intended to and did use, despite Germany being under restrictions of the Versailles treaty to not build a military force. This principle leads to a fundamental contradiction within fascism: the incompatibility of ultimate triumph with perpetual war.
10. "Contempt for the Weak", which is uncomfortably married to a chauvinistic popular elitism, in which every member of society is superior to outsiders by virtue of belonging to the in-group. Eco sees in these attitudes the root of a deep tension in the fundamentally hierarchical structure of fascist polities, as they encourage leaders to despise their underlings, up to the ultimate Leader who holds the whole country in contempt for having allowed him to overtake it by force.
11. "Everybody is Educated to Become a Hero", which leads to the embrace of a cult of death. As Eco observes, "[t]he Ur-Fascist hero is impatient to die. In his impatience, he more frequently sends other people to death."
12. "Machismo", which sublimates the difficult work of permanent war and heroism into the sexual sphere. Fascists thus hold "both disdain for women and intolerance and condemnation of nonstandard sexual habits, from chastity to homosexuality."
13. "Selective Populism" – The People, conceived monolithically, have a Common Will, distinct from and superior to the viewpoint of any individual. As no mass of people can ever be truly unanimous, the Leader holds himself out as the interpreter of the popular will (though truly he dictates it). Fascists use this concept to delegitimize democratic institutions they accuse of "no longer represent[ing] the Voice of the People."
14. "Newspeak" – Fascism employs and promotes an impoverished vocabulary in order to limit critical reasoning.

https://en.wikipedia.org/wiki/Definitio ... mberto_Eco

[laklak]

Neoliberal, Fascist, what's the fucking difference on the ground? The rich get richer, the poor get poorer, the rich get community service, the poor get life sentences.

I'm not the one who needs help here, hermit, it's all y'all who cannot see past your noses. The SEC is staffed by career bureaucrats in place over multiple administrations, they are the very definition of Deep State.

[Hermit]

Oh. The Deep State.

You've been slipping for a while now, laklak. Welcome to the Marjorie Taylor Greene team.

[Cunt]

Hermit, you are absolutely right. There is no problem more authoritarian bureaucracies can't solve!