With the elite financial class being increasingly exposed over the past 72 hours; and with the collusion between Big Tech and Wall Street in the public spotlight; and knowing the elite Washington DC establishment is a part of that entire corrupt system; and with millions of Americans more able to accept the scale of the issues; perhaps this is a moment to remind ourselves how the BIG CLUB works to deceive under false pretense.
Washington DC is part of the corrupt Wall Street, K-Street, Big Bank, and BIG TECH system. Everything within that system is self-serving and done deliberately with the intent to maintain a particular status for the people within it. This is the moment of opportunity to expose just how the DeceptiCons trick us… this is information and dot-connecting that created The Last Refuge. This is the bitter pill that needs to be swallowed.
Everything from within the DC system is designed to lie to you. Accept that and you begin to realize how events are NEVER what they appear on the surface.
The owner of the New York Stock Exchange (NYSE) is Jeffrey Sprecher. Remember the position of Senate Majority Leader Mitch McConnell in regards to Senator Loeffler? Well, Mr. Sprecher is the husband of former Senator Kelly Loeffler.
Kelly Loeffler’s seat was purchased by their elite status and position. Why would a billionaire run for an elected office paying a few hundred thousand?
Majority Leader Mitch McConnell positioned Loeffler with committee assignments based on that status of influence and affluence.
Jeffrey Sprecher and Kelly Loeffler entered politics for their elite interests.
The ruse of the DecptiCons is always that a motive to the benefit of the republic lies behind their candidacy. This is the same ruse that lay behind Mitt Romney, another DeceptiCon. There are no purely altruistic motives behind these politicians, particularly in the Senate.
Their motives are all about status, power and greed. They are not representatives of the people; they are representative of their own elite fellowship and interests, and this crosses both parties. Everything else is chaff and countermeasures to ensure their position.
That is the brutal and uncomfortable reality to accept. The entire system is corrupt.
The swamp is deep and filled with DeceptiCons who will strike at any given moment once they attain a useful position. President Trump went to Georgia to campaign for Senator Kelly Loeffler. Simultaneous to President Trump’s visible support, Loeffler’s husband Jeffrey Sprecher, owner of the New York Stock Exchange (NYSE), announced the NYSE will not blacklist Chinese telecommunications firms outlined in Trump’s executive order.
Background: On November 12, 2020, President Trump signed an executive order prohibiting American companies and individuals from owning shares in any of the 31 Chinese companies previously listed as enabling the People’s Liberation Army, effective Jan 11, 2021. Three telecommunications companies China Mobile Ltd., China Telecom Corp Ltd., China Unicom Hong Kong Ltd., were targeted.
Literally as President Trump was traveling to Georgia to rally in support of Senator Loeffler, the NYSE –owned by Loeffler’s husband– announced they would not delist the Chinese companies:
CNBC – The New York Stock Exchange said it no longer plans to delist three Chinese telecommunications giants.
In a late Monday statement, the NYSE said it dropped the plans after “further consultation with relevant regulatory authorities in connection with Office of Foreign Assets Control.”
[…] The exchange had originally planned to drop those listings in order to comply with an executive order that President Donald Trump signed in November. That order sought to bar American companies and individuals from investing in firms that the Trump administration alleged aid the Chinese military.
That ban is set to take effect Monday, a little more than a week before President-elect Joe Biden is set to to be inaugurated. (link)
Via Axios: “NYSE spokesperson Farrell Kramer declined to comment on what had changed in relation to compliance with the executive order. But Kramer referred Axios to a stock exchange statement saying that “in light of further consultation” it no longer intends to move forward with the delisting action.” (link)
Senator Kelly Loeffler and husband Jeffrey Sprecher, owner of NYSE
Kelly Loeffler was appointed by Georgia Governor Kemp because Loeffler is married to Jeffrey Sprecher; a GOPe party insider, mega-donor, and multi-millionaire CEO of the Intercontinental Exchange (ICE).
Jeffrey Sprecher is the founder and CEO of ICE, which now owns the New York Stock Exchange. Kelly Loeffler’s company, the financial platform Bakkt, is a subsidiary of the Intercontinental Exchange.
Corrupt as hell. All of it. Insider party schemes, combined with Deep Swamp politics and personal influence peddling for financial interests. The familiar network of personal financial benefit. In 2012 Mrs Loeffler donated $750,000 to Mitt Romney’s Super PAC.
Political connections is why Kelly Loeffler was selected by Governor Kemp, and that same pay-to-play political network is exactly why Nikki Haley originally endorsed her and campaigned for her in the 2020 election.
I have ZERO doubt Loeffler’s husband will be providing considerable financial payments to Nikki Haley in her run for the presidency. Transparent swamp dealing.
Yes, Jeffrey Sprecher owns the largest stock exchange in the world: the New York Stock Exchange with more than 2,400 listed companies and a market capitalization of about $22.9 trillion….. There are Always Trillions at Stake.
How does any ‘normal’ American fight something this deep and entrenched? We can never win the rigged game unless all of us work together to make life unpleasant for their schemes. Not sure if it can be done really.
the lawsuits and bipartisan outrage ,at least for now, may be interesting. as you expect, the swamps actions lead to the whitehouse.
First things first, and this is by example.
We don’t need to adhere to the law. We don’t need to accept executive orders put in place by the Commander in Chief. We don’t need to hold fair elections. We don’t need a free press. We don’t need to petition the government. We don’t need to exercise our 1st amendment rights. We don’t need to protect ourselves with our 5th amendment rights.
We only need to take orders from our stinkin’ betters.
Right. Let’s see how long that lasts. I give it 90 days.
And the saddest part is that this may be the plan. Pelosi called up 25000 National Guard troops due to an insurrection that only happened in her head. Imagine what the feral gub’t could do with a real rebellion. And the message was sent loud and clear. Disagree and get stomped.
Did that message stop our founders? And when it comes to men in uniforms, this won’t be another Kent State. The Pentagon just might have problems of its own, especially in an age when youngsters have been conditioned to not believe in America or any unifying principle other than their own self esteem.
Pelosi has to keep up with her many evil distractions. Her son is on the laptops doing the same wicked sins Biden’s son is.
I did not know that
I actually think they want us to get violent so they can take our guns. They plan an attack on the 2nd amendment.
They’re being so crazy and revealing their corruption so much, they just might find it’s THEIR base that gets unruly.
Referencing my comment above, we don’t need a 2nd amendment, and my cold, dead fingers may end up being a testament to that.
This ain’t no joking matter, folks. Turn off the Super Bowl and get up out of your Lazy Boys. We are living in interesting times.
i don’t see our military firing on us. the corruption in the government agencies is in the open. the soldiers see it. imho.
our military is volunteer. most were raised right, know what their oath means. and they know trump and america was handed a crap sandwich.
Gary, since you are so sure, you can count on me to be ‘behind’ you every step of the way. 😉
I couldn’t resist, that one wrote itself. lol
OK, how many of the things happening now did you foresee a year ago?
Unfortunately, our military stood by and watched enemies within, aided by foreign enemies, steal last year’s election. They effectively aided and abetted the coup.
no they didn’t . they had no part in the election.
I think your right, they are looking for justification to send the military after us, which is why are doing alot more on “domestic terrorists” but its not just the 2nd, it is any sort of descent. We have fully entered communist rule in the United States
Of course, that is why the left trolls were on most of the conservative blogs and news outlets urging people to” get their guns, start acting like this is not right, don’t just talk about it. ” They hoped the people at the people in DC would all riot once Antifa and the BLM got in there to urge them on. They did not. There were others distributed thru out the massive gathering in DC trying to get them to physically attack buildings and monuments. Alinsky’s Rules for Radicals calls for the creation of chaos and lawlessness. It creates an atmosphere of fear and people turn more to the government to control the violence. That is what they want. They want you to turn to them for protection from all these terrible Trump people….who, by the way, did not riot or cause an issue. That is the game plan.
a draft initiated by the dems will really help them with the younger vote.
Much as I hate to say it, I think you do need the /s tag now. We’ve been infiltrated!
The Socialists in our Government aka Demonrats, feel they have enough graduates from the Public Schools of Re-Education. This has emboldened them to the point where they can come out of their proverbial closets!. Very Scary!
The difference between a fortified compound and a ghetto is mainly a matter of perspective.
If they’re smart enough to realize it, those guardsmen are a Sword of Damocles.
(Their actions indicate that they’re not.)
It would be very interesting to see what would happen if 75 million of us stopped paying taxes. I know they would make examples of 1000 patriots, just as they are now with people that just went to the Jan 6 rally, not just the ones who went in.
For starters, we need to dig out some of the roots starting with Ronna (mitt’s niece) McDaniel. We need a MAGA chair who will give us MAGA candidates to choose from. We should never have to “hold our nose.” to choose between evil and more evil.
After All He Did for the Republican Party and Her, Chair Ronna McDaniel Won’t Back a Trump Presidential Run in 2024 at This Time
https://www.thegatewaypundit.com/2021/01/republican-party-chair-ronna-mcdaniel-wont-back-trump-presidential-run-2024-time/
Doesn’t matter. Ronna helped GOP commit suicide.
The current GOP is dead, Pres Trump needs to take it over, not create a 3rd party
Ronna was just reappointed, she should have been audited and probably prosecuted. Where’s all that money raised for/by Trump and the fight for our most recent election? It was of spent on lawyers, PR or a war room to help Trump and downballot candidates get a fair accounting from this election. Where’s the money, Ronna?
Not just Ronna, it is every GOP chair in every state.
Every GOP Chair needs to go NOW, and it is this year that they can be voted out.
BUT, the GOP makes the rules, and in most states only those most loyal Republicans can vote for who their GOP chair will be. Outsiders — grass roots voters — are not allowed, and are not invited to those meetings.
We need to find out where they are, when they will be taking place, and stand outside and scream like the leftists do.
Oh wait, the Republican weasels are using covid as an excuse as much as the dems are, so there won’t be any “convention” to show up at after all.
Until you get control of the machines AND the judges,it is a waste of time peace.
You just saw it being done.
I think what you mean, though, is “How does any normal American “win”. The key is in this word “confidence”. I can assure you that when people lose confidence in something, whether rightly or wrongly, it falls apart. And that is why Trump was so desperately fought by the system. Every lie out of the media’s ugly kisser was an effort to destroy confidence in Trump.
The decepticon moves against the Gamestop crowd was real desperado stuff. In doing what they did, they just injured themselves badly, because they basically exposed of their own game. And now that they have, the veneer of confidence has been breached. The ship ran aground, and the lies litter the beach. Who would have confidence in that?
It’s the beginning of the end.
Right, Margot. The news tonight that “regulators” were looking into how “amateur investors” were causing short-selling hedge funds to lose money by driving up “over-valued” stocks, was certainly a basis for anyone with any insight or investments in the stock market to realize the media is owned by hedge funds – predators whose business model involves colluding to place bets that over-valued securities will fall, and then “helping” investors to lose confidence in them by trashing them in the media through paid media placements.
I’m pretty sure nobody likes hedge funds. And George Soros is their founding father. So the hidden puppet strings become grossly obvious levers and control wires that only those in a Mamet trance can pretend not to see.
And those “amateur investors,” are apparently a bunch of smart young Democrats with money to invest who’ve figured out that sometimes the companies that hedge funds short aren’t the losers they’re being portrayed as. And this whole thing with Robin Hood, apparently their favored free trading app, prohibiting buying of this crazy Game stock, in order, it appears, to protect the hedge funds from further losses due to further rises in the stock, is just hilarious. Those young day traders become part of the Rebel Alliance.
And there is ground to believe that Fusion GPS’s business model, when they’re not working for political operatives to influence elections, is to work for investors seeking to influence the prices of securities, including hedge funds.
I didn’t know that. Thanks for the tip!
They had a post some time ago in CTH that indicated that the “private contractors” who were using government systems to spy on Trump were also using it to gain stock market insights.
“Those young day traders become part of the Rebel Alliance.”
Indeed they did. This is very exciting. Stevie Cohen suffers from back pain, so much so he need special chairs and pillows to be comfortable. I’ll bet he’s huffing muscle relaxers by the dozen right about now. Couldn’t happen to a nicer guy.
They will try to accuse these day traders of whst the hedge funds were doing ; manipulating the stock prices, in orxer to profit.
Lets see, the day traders were investing in the company, hoping the stock would go up, which is what most PEOPLE (think JURIES) think of, when they think of investing in stocks,….
The Hedge funds, however were “short selling”, investing or “betting” that the stocks would go DOWN, and by their large investment in that position, actually driving the stock price down,…like a “self-fullfilling prophecy”.
Oh, I’d LOVE to be the defence lawyer, defending these day traders,…
The predatory shark pools called “hedge funds” are so un-American by their very nature . . . they do not deserve a place at OUR table . . . they seek to benefit by destroying . . .
absolute perfidy
And, not to mention in this case they hedged 140%…more than existed. That’s illegal. And, I believe they didn’t have the cover money to buy out if needed. Also, illegal.
The movie Trading Places keeps popping into my mind.
Thanks to this mess I finally understand what’s going on in that movie. I think some of the explanation part got left on the cutting room floor. Now it all makes perfect sense!!
I remember when the Stock market crashed during a Presidential election. Many of us lost a big chunk of our retirement funds. I believed then and still believe that the Dems were involved so their guy would get in. Everyone thought I was a conspiracy nut. Seeing what they have done for the past few years I am now sure of it. Especially now that we know how easily the Stock market can be manipulated.
Thank you for this explanation.
Let it be so!
‘Cjzak’ What a great question.
We can make anybody uncomfortable with 80+ million disenfranchised, American voters.
We are 45% of the consumers in the world. No big corp., and no Army can match that.
We have to stick together. Not like a cult, but individual free Americans. The elite can’t compete with that economic power. That is why the uniparty must destroy us. Why would Congress insist they have 25,000 military in DC, during this peaceful transition.
These morons are actually buying their own bullshlt.
It occurs to me that some of us could give the Wall Street Bets crowd a little help. Many of them are doing this with nothing more than $600.00 stimmy checks. I’d pony up a little jack (like $100.00) for one of those folks, if they’d deploy it into the market to keep doing what they’re doing. No other questions asked. It’s theirs to put toward the effort. I’d consider it money well spent.
Buy a share of Game Stop (ticker GME) tomorrow morning for best results in helping to bring down the decepticons.
I don’t think there’s any available. I might do Nokia, though. I still have and use the mobile phone I purchased from them back in 2005.
Same here. They could set up a Venmo to take donations.
Then the Feds would step in and make up some BS charge.
The creator of the Reddit forum at the center of the ongoing stock market frenzy called the recent coordinated strategy to pump ailing stocks like GameStop and AMC a “train wreck.”
from the New York Post…..Jan 28, 2021
https://nypost.com/2021/01/28/reddit-wallstreetbets-creator-calls-gamestop-surge-a-train-wreck/
Don’t worry, these kids aren’t having down
The populace, no matter their politics, has to join forces to fight the corruption. French Rev type stuff. We could used Mark Twain right about now, George Carlin, Lenny Bruce. They could tour the country with one aim in mind.
Where are the Bernie Bros? Silent?
Stop buying on Amazon for starters!
I have NEVER made a purchase on it in my entire life.
But, I advise you to stop using it!
Stop buying Chinese goods at Walmart.
Etc.
In theory a legal battle against these malevolent entities could be waged and likely won IF we had a fair and impartial system of justice which of course…..
think about what we Americans did the past several days with game stop. A bunch of “normal” Americans got together and really destroyed the hedge funds short positions. Just think what we could do to these elitists if we banded together?
The system is too corrupt to be fixed, it has to be starved of its ability to produce cash.
Unfortunately they just print more cash.
Information is leaking out about the DC cabal. Trump must have known of Loefler’s duplicity and the only reason why he campaigned for her was because he needed to keep one half of Congress red.
I feel positive that he knew/knows what the whole ball of wax is about. Many people commented on the atypical shift in his normal energy down in GA. I felt as though he could barely stand the sight of her.
It can, but it will hurt evryone.
Simple really.
Stop feeding the beast.
There are so many ways, but here’s just one:
Cut the power.
Apparently, we fight it 4-8-10-12-16-24-30 dollars at a time. Over and over again. Until they give up.
We can’t, thats why it’s setup this way, at this point I see only one way to correct this situation. Unless of course we accept the subjugation of we the people.
To Sundance’s point 90% are all the same, left, right and in between and the whole thing has become a soap opera. They all play off each other and in the end they all win as we loose.
Some gamers just showed you the way! If we pay attention we can so it!
Trump’s photo looks like he’s gonna heave, as well he should.
I think he’s trying hard not to bust a gut.
When this is all over they won’t be able to show their faces when they walk down the street.
Appears to be happening…
They have to come out of the castle, sooner or later.
As we speak, my rino senator from Kansas is extolling the wonderfulness of importing cheap labor from South Africa. Really.
https://www.facebook.com/jerrymoran/
There are a lot of South African farm workers in Montana as well.
It’s hard to find farm workers in that part of the country, and the farms keep getting bigger and bigger just to get by. The family farms that are left don’t have enough kids to work the farms, and they all leave when they grow up.
No one wants that life anymore, we’ve gone lazy. My father in law is one of the young farmers in his area, and he’s 65.
There are a lot of SA workers who used to work for white SA farmers, and look what happened to those farmers.
Merrick Garland wants former Facebook Lawyer to head DOJ anti-trust division
https://conspatriots.com/merrick-garland-wants-former-facebook-lawyer-to-lead-doj-antitrust-division/
Sure, didn’t Baker leave FBI in disgrace to head to FB or Twitter? Revolving door of conflicts of interest.
Un-stinkin-believeable. Peter Strzok’s wife, Melissa Hodgman, was elevated to Acting Director of the Division of Enforcement at the SEC last week.
https://www.marketwatch.com/press-release/melissa-hodgman-named-acting-director-of-division-of-enforcement-2021-01-22
It’s a big club and they are ALL in it!!
“Nuke it from space. It’s the only way to be sure”.
Ripley Deplorable
Notice: they never share a name. Not in the several links between politics and media, between politics and finance, and politics and politics. Make it as hard as possible to see all the connections.
that gal seems to just keep moving on up –
she received a really nice promotion back in October 2016
You Can’t Make This Up: Disgraced Former FBI Agent Peter Strzok’s Wife, Melissa Hodgman, Named Acting Director of the Division of Enforcement for the SEC
https://www.thegatewaypundit.com/2021/01/cant-make-disgraced-former-fbi-agent-peter-strzoks-wife-melissa-hodgman-named-acting-director-division-enforcement-sec/
Well, I hope some dedicated Senators and Congresspersons will call her and her husband to testify, under penalty of perjury, about her various roles, and her husband’s, and her and his meetings with the Obama White House relating to MidYear Exam, Crossfire Hurricane, Strzok’s review of the Weiner laptop, and her promotion within the SEC in the middle of it all.
And her going after Patrick Byrne’s Overstock.com. Perhaps Patrick could be invited to testify as well? Sort that all out on prime time.
https://nypost.com/2019/09/18/overstocks-ex-ceo-patrick-byrne-sells-all-of-his-shares/
QUOTE FROM THE 9/18/2019 ARTICLE:
“They leaked that they were going to Bazoomba [destroy] our digital dividend. Once that started getting back to me, I realized this: Whenever I have had any question about whether the SEC would or would not do something totally outrageous in order to hurt our company to benefit their clients on Wall Street, they never let me down: they always did the evil thing.”
As The Post reported Tuesday, Byrne had put the company’s short sellers in a bind before banks like JPMorgan and Morgan Stanley came to the rescue.
END QUOTE
Nope, McConnell deliberately passed majority over to Chuck, and Biden admin will get WHOEVER they ask for, confirmed.
And hard to say which is worse, the lefty loo loos who have absolutely NO experience for the position they are being appointed to, or the ones like Kerry, with a BUNCH of experience, all BAD.
WHAT a compare and contrast, the most productive admin in history, followed by the most incompetent.
Dutchman, how many will know of their incompetence? The media will report glowing tributes of the XIden administration’s accomplishments daily.
Competence only gets in the way. These people, top on down, will do as they’re told. That’s their qualification.
She knows what those texts say that Weissman and his star chamber goons deleted. “Keep her happy,” Deep State says.
I think Ethics is only applicable to some of the R’s.
Gamestop is MUCH MUCH BIGGER than most people understand. If the vigilantes keep buying and refuse to sell their shares it could take down
ALL OF IT…the entire financial system.
This is a MUST read…this is not some little game. These kids might have the big banks by the balls and they know it
Thanks, spoogels. This is fun!!!!!
Thanks, Spoogles. Great insight for an old buy-and-hold investor who just tries to keep up. But as I posted above, this should reveal to the young and restless Robin Hood crowd that the media, the Congress and the regulators are owned by hedge funds.
But I do think the market is grossly overvalued.
The paranoid in me wonders whether this incident is part of a larger plot. If the result is regulations that protect “professional hedge funds” against “uninformed retail traders, then I’ll need my own behavioral health medications.
Seem to recall Mr. Trump talking about hedge fund guys. This was when he was campaigning back in 2015. He said that hedge fund managers were pretty much useless people. Didn’t produce a product, but….”moved paper around”.
And, that’s exactly what they do. And, as we just found out, they move make-believe paper too. When caught…they just close the store and blame the customer for wanting too much product.
The only company that doesn’t like customers wanting products is a company that has no real product to sell but already took your money.
Here is a good thread explaining the history –
Here’s the tread on UnrollThread so everyone can read it without giving clicks/revenue to Twitter: https://unrollthread.com/t/1354547622133051393/
5h·
A post claiming to be from a Robinhood employee that has gone viral on Reddit alleges that the White House put pressure on the broker to halt buying of GameStop shares.
https://summit.news/2021/01/28/viral-reddit-post-from-robinhood-insider-claims-white-house-pressured-broker-to-block-buying-of-gamestop-shares/
Here too
https://breaking911.com/bombshell-allegation-man-claims-to-be-robinhood-employee-says-the-white-house-pressured-halt-of-gamestop-trading/
It is time for each “little guy/gal” investor to get out of Wall Street and into “hard goods.” I remember the Johnson spending on Medicare, NASA, Vietnam, The War on Poverty and the Great Society which made enormous inflation to follow. Then came the Carter 23% interest rates. Now the Democrats are out with more of the same. Get everything paid off, inflation proof as much of life as possible and learn a few good, barterable skills. Canning and gardening could be very useful in the future.
Why is it that one of the things constantly advised is to “… get everything paid off?” As if we owe the banks anything when the system is going to implode anyway. I say, rather than give you money to the banks, use it to do your other recommendations and to hell with the banks. Let them take it in the shorts for once. Time for TARP to be on the side of the citizen and not TBTF.
Yes, so different than how we were taught. I am debt free, own two modest homes, nice car, a rental unit, and have investments. All by living below my means, and not using my house as an ATM.
NOW, I get no interest, for 12 years, because these a-holew can stop spending my money, impoverishing my neighbors, drugging my children, bankrupting my company…Until everything I sacrificed for is worth nothing.
God curse their souls, preferably sooner rather than later.
One of two approaches, max out credit, to move to independance, and HOPE you time it right, so you can stiff the creditors when “it all collapses”,…..
OR, make yourself immune to the economy, regardless what happens.
Difference between a “Survivalist” (you just KNOW the stuff is gonna hit the fan, any minute!)
And a “prepper” (No, because I DON’T know whats going to happen, I try to prepare. The only constant in the Universe is change, but predictions are dufficult,…especially about the FUTURE!)
Got out of credit, YEARS ago, have comfortable lifestyle, less than $2000/mo overhead.
Wouldn’t have known about 2008 “meltdown” if I hadn’t read about it.
Similar to the Amish, with the great depression…..
Fresh air, clean water, great horizons, but most of all PEACE OF MIND; Priceless!
EXC: Biden Treasury Sec Yellen Paid by Chinese Communist Party-Linked Group
In addition to personal ties, Caixin also has financial ties to the Chinese Communist Party.
In 2019 the media company attempted to raise up to $200 million, according to Reuters.
Revealed in the group’s financial were its primary backers: “tech giant Tencent Holdings Ltd and investment firm China Media Capital (CMC).”
The State Department’s Bureau of International Security and Nonproliferation has described Tencent as a “tool of the Chinese government,” noting the company has “no meaningful ability to tell the Chinese Communist Party ‘no’ if officials decide to ask for their assistance.”
It provides “a foundation of technology-facilitated surveillance and social control” as part of the CCP’s broader crusade “to shape the world consistent with its authoritarian model,” the report added.
https://thenationalpulse.com/exclusive/yellen-spoke-at-chinese-media-org/
If you have any “smart appliances” you may want to disable or replace them. From a Nest thermostat to child’s room webcam to an internet connected refrigerator; get rid of them all
Pretty sure AOC hates Ted Cruz just because he’s Spanish. Hey AOC, stop being racist!
AOC is a reactionary moron. If she had been smart she could have said, “While I’m happy to work with Republicans to root out corruption on Wall St, could they send me someone who doesn’t reek of rank oily opportunism? Husband of Goldman Sachs managing director should sit this one out.”
Serious question. The IQ of AOC is closer to the average 5th grader or 8 grader?
What can be done? The
“OCCUPY” is going to return. There is a left/right populist alignment for the time being. We should ebmrace and resist the urge to start political tiffs with our leftists counterparts. A UNITED anti-establishment coalition is much stronger. For five minutes let’s step out of our corporate masters’ divide and conquor game and stick it to the man. There will be plenty of time to divide Berlin in half…
Conmunist are NOT Left, that is an ILLUSION.
Conmunists want control; McConnell and Schumer are BOTH Conmunists.
Divide and conquer is their strategy, and they have various tactics to achieve it.
Left vs right, D vs R, Conservative vs liberal, black vs white vs latino vs asian, christian vs jew vs moslem, ….it doesn’t MATTER what they use to divide us, as long as they have us opposing each other, we are not uniting against THEM.
THATS why conmunist policies inevitably lead to shortages; nothing to get people fighting each other, than fighting over food, to feed your family, or energy to keep them from freesing, or jobs to pay for such neccesities.
Its ALL a CON, and UNITY is the answer.
Has something changed in the small print since I got the heck out of the manipulated market?
Several years ago, I had money in Dendreon. The company is private now but it was a NASDQ biotech start-up trying to get its flagship biologic cancer therapeutic through the FDA.
The hedgies were having a party. A bunch of us were meeting up on the Investor Village DNDN board. One month, the short interest was way too near the equivalent of the entire float. We bought more and held on tight expecting to see the mother of all short squeezes. We went into the weekend without seeing a good many of the options settle. That’s when we found out that in certain situations those options can be closed out for a cash price without locating the shares needed to cover. The other thing we learned was that in unusual circumstances, options trades can be settled over the weekend while the markets are closed.
It’s a casino and retail players are the patsies.
Because the players are the rule-makers. Those in DC make the rules and their family members/friends are in the market taking advantage of the protections and cover.
It’s why when I read that they are investigating how amateurs colluded to squeeze the market I just laughed. No, what happened was that a bunch of individuals exercised their right to purchase stock on the open market. More and more bought and they were winning. But, because of that the rats were losing and those reats needed protection from the mob. The mob stepped in and stopped the trading. Just like they stopped vote counting on election night.
The rules don’t apply to them and they have no problem showing the world. They don’t expect anyone to come to hold them accountable. And no one will hear about it because the same people run the media. Disgusting.
It’s a bit hard to take that our guy campaigned for that tool and said he loved her. UGH.
Talk about Americans having bad choices, a crazy Marxist v. a tool for the rulers of the universe.
I am not savvy in this stuff, But why are they short selling Gamestop? Why them and does all this now help Gamestop or make things worse for them they seem to be getting lots of free publicity out of this and has Gamestop commented on any of this?
I am certainly not a pro at this or even good at it. but it appears to me Gamestop was just a target, a way to make money. They do it all time– they can drive a company out of business by driving their stock price down (affecting their loans and access to capital) and all the while making big money. They dont care that the people hurt are real people. They just get in their hired car after work and go to their multimillion dollar penthouse and plan the trip to the Hamptons house for the weekend. (Meanwhile doing coke)
Since they are well connected due to their money, the government has stepped in to try to rescue them — and this time it is OBVIOUS to everyone. But not the first time this has all happened. Recall every stock market “crash” where you lost money? It was the rich guys raking all the chips off the table.
I certianly dont know the answer here. I am 73, time horizon not long.
They were shorting Gamestop because the hedge fund guys believed, in my opinion, a rather flawed analysis of the company. They reasoned that with other places like Amazon, Walmart, Target and others selling game consoles just like Gamestop and with the consoles themselves having their own digital stores to download games, that people would stop going into Gamestop because they could get what they wanted elsewhere. In short, they thought Gamestop was an outdated business model.
It was an incredibly flawed analysis because it failed to take into account Gamestop’s customer base. There’s a reason why people shop there. For some, it’s because they offer really good deals on used games, for others its not wanting to wait 2+ days for their new Xbox or Playstation to arrive only to discover it was damaged during shipping. Gamestop’s financial’s aren’t the greatest, but they are solid, more than enough to cover their debts.
Gamestop itself hasn’t said a peep about all this and honestly, I can’t blame them. The people putting pressure on the hedge fund guys likely are the same people that make up their customer base. There’s no way they want to upset them. At the same time, the SEC and other powers that be are wanting to protect the hedge fund guys. So, they are caught in the middle. Analysts have gone out there and said the company should put out a statement that at a bare minimum says “Hey, we have no idea what’s driving this, we have no control over it and we’re not saying one way or the other whether people should buy our stock”, but that’s kinda pointless. Everybody already knows that and statements that just point out the obvious do nothing but annoy people on all sides.
Make no mistake though, the stock will crash at some point but I’d bet that it won’t go lower than the $20 or so it was trading at before all this started.
I am a gamer. And what you mention about GameStop is true. The one thing that doesn’t show up on the spreadsheets- gamers went to GameStop to interact with other gamers. Young, old, man, woman, weirdo, not so weirdo, etc. The model still worked because people still want to interact in real life with others with similar interests.
And, why would GameStop comment? They want their stock bought. It provides capital. Capital for a company that was and is still financially sound. They have cash on hand to pay all debts. This run on buying is good for them. Good for those who bought previously. And good for their own board. The only people losing are the hedgies, and they are losing big. So here comes all other swamp creatures to their rescue.
Question: when a hedge fund targets a company’s stock with this short-sell tactic do they try to do it furtively or is it broadly known within the investment community?
Most times it is not broadly announced. Hedge funds write monthly letters to their investors discussing the portfolio holdings and shorts are usually written as “Short position A, short position B”, etc.
No worries everyone. God has a way of dealing with these people. Although they might be ridiculously wealthy, they are obviously not happy. Hence their constant pursuit of ways to protect the wealth that they already know does not make the happy. And they think people addicted to crack have problems.
Hunter Biden is one of them, and he’s a crackhead. I’m sure there are a lot more of then in our “ruling class.”
Remember, these people with all of their power, can be stripped of it by us. Their last rigged election just happened. It is up to us to make sure of that. If we can take to the task of each doing what we can locally, the federal crap will take care of itself. This last election proved that all politics are first and foremost….local.
The Deep Street
remember when sundance brought up the possibilty that the scum who comey allowed to access the NSA data base were using it for financial gain? i have no doubt.
No, but a GREAT QUESTION!
That would be the Secretary of States for the most part, starting with this one here, Maggie Toulouse Oliver of New Mexico, also the PRESIDENT of NASS, the National Association of Secretaries of State, and it was preplanned. The EAC was in on it. AP was in on it. And MORE.
https://www.eac.gov/news/2020/10/19/eac-host-roundtable-discussion-election-night-reporting-2020-election
Just like the AP was always going to call the election. That was always the plan. Once they called it then anyone who bucked their proclamation and dissented with their proclamation would be deemed a threat to national security, and must be removed from the mainstream. Canceled.
https://www.eac.gov/sites/default/files/partners/EI_ISAC_Reporting_Misinformation_Sheet102820.pdf
I believe it was all set up by THIS:
Statement by Secretary Jeh Johnson on the Designation of Election Infrastructure as a Critical Infrastructure Subsector
Release Date: January 6, 2017
https://www.dhs.gov/news/2017/01/06/statement-secretary-johnson-designation-election-infrastructure-critical
Which oddly coincides with the exact same date four years later when Delusional Joe will be INSTALLED by all of these SAME CROOKED MECHANISMS, and the offices that they led to like CISA.
https://www.cisa.gov/rumorcontrol
That also happens to be the same exact day that President Elect TRUMP Is being set up by sleazebag FBI DIRECTOR James Comey with the ILLUSION of a RUSSIAN PEE PEE TAPE.
The 1st of many insurance policies, including Jeh Johnson’s apparently.
I remember thinking that having to endorse Kelly Loeffler was a true low point for our VSG. I have a question, though, admitting a lack of understanding w/respect to financial issues. What does all of this mean for those of us who will have only a 401K to rely on for retirement? My own account did very well these past 4 years. Now I am thinking perhaps I need to work several more years (was hoping to retire at 66).
Thanks to anyone who responds. Love and gratefulness to Sundance.
This is why I did not vote in Georgia’s Senate run-off besides the fact that the election rigging was so obviously pre-planned here. Just take a look at what happened in our courts prior to the election to see how Democrats and Republicans worked together to make any court challenge an already settled question. This is what we are up against:
https://wtop.com/national/2020/10/with-time-short-judge-mulls-georgia-voting-system-changes/
And as far as Romney goes this explains a lot:
https://www.politico.com/story/2017/06/09/joe-biden-mitt-romney-senate-donor-conference-hillary-clinton-239383
Economic slavery is baked into the way we deal with each other. An employer cannot pay the employee equal or more than the retail value of the product or service rendered. Since the majority of consumers are employees there will never be enough money in the system to buy the accumulated inventory. If the inventory is not sold at a profit the business goes bankrupt and the employees lose their jobs. Hence, in order to keep this economic model afloat someone(employee or employer) in the arrangement has to borrow the money. That is where the FED Reserve steps into the equation. The FED creates money out of thin air to service the infinite debt necessary to keep this economic model afloat, but in the process ends up making debt slaves out of everyone. I can’t see how the above can be solved without destroying the incentive of making a profit. Nevertheless…
Now, if every person born is given 1 share of every business that produces GDP, and those shares can never be sold or bought, then the money spent on goods and services by everyone would return back to the consumer in the form of a dividend for the rest of their life, and that would help distribute the entire wealth of a country evenly among its people. Companies would still compete for market share and the best ideas would still win in the market place, but the stock market as we know it would no longer exist. Companies will only be able to create 1 free share for every person legally born in the country they operate in. Companies would still have elected CEO’s and a board to decide how profits will be used.
The basic premise of the above idea is to distribute risk and wealth evenly, and provide a basic income to all people in the system for their entire life, and preserve the benefits of competition in the market, and to hand ownership of a counties economic engine over to the people.
Do I get to keep all the shares and transfer them to my survivors when I die? Do I get voting rights with my shares? Shares of stock are sold to provide capital to the company. How does this system of stock ownership provide capital? Etc. etc. etc. ad infinitum. Not betting on any rational answers–typical pipe dream stuff. No facts, experience, or anything else but smoke behind it.
Now get legislation that corporations are not “persons,” but just juridical/financial entities, such that they do not have Constitutional rights and cannot engage in political contributions or action; then we’ll maybe get somewhere.
The stock market used to reflect an expanding economy. That was more than two decades ago, back when monetary policy believed in removing the punch when the party got going
Sellers took profits and buyers invested and took their place in the belief growth discounted to the present represented a fair return.
The stock market became a zero sum game some time ago. That means there is now a loser for every winner.
This is why the hedge funds are being hunted because that is where the money is. Willie Sutton would be smiling and nodding in approval.
Stock Exchange is mirror image of our government rulers
I cannot say what I wish for them!
on the recent Election Day a 1b 2015 bitcoin wallet transaction was recorded.
Imagine a billion dollars utilized to maximize losses against the oligarchs!
“Why would a billionaire run for an elected office paying a few hundred thousand?” Well, could be for the same reason VSGDJT ran. The key is discerning which ones, regardless of $$$ already in their pockets, are stepping up only to step on us or to lead us up.
Flabbergasting…. wth do we do?
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