You utter fuckwit.

(not you, Morhaus, the dude in the video).

What exactly do you think happens to the people and funds holding those shorts? They have to pay the difference. They are contractually obligated to pay up -- period.

Everyone involved in the short was probably broke long before GME even hit $50. But, as we all learned from Goodfellas, "Fuck you, pay me!"

They're broke and on the hook for shit-tons of money. Guess where they're going to get that money? By selling solid assets. They're gonna dump everything they have to make up for the short loss. Who's holding the shares that're about to start tanking? The funds 401ks are invested in because they have to hold solid, reliable assets. The same funds people are relying on for their futures. These are the people who'll REALLY get fucked by this. If you've got a long enough timeline, hopefully, you'll get your money back (although at a loss of compounded value). If you're 65 and looking at your golden years through a lens of 20%+ returns, you're about to find out what happens when an irrational market decides to return to sanity.

Those are the first order effects. The second order effects range from the merely worrying to the outright fucking terrifying. There's a reason Goldman sent out its little missive last night after Mark Cuban pulled his stunt. This isn't just playing with fire, this is sitting in a room full of gasoline while Skippy, The Face-Ripper Ape On Meth, goes berserk with a blowtorch. God help us if this triggers some latent long-tail event.

The good news is that the idiocy of the crowds has apparently decided to dump GME in favor of silver. GME tanking will be bad, but mostly to people who should pay the price for dabbling magic they didn't understand. GME dumping will be good if you're worried about 2008 repeating itself, only without the whole "not letting AIG" fail thing.

People do not understand how fragile and insanely-interconnected the markets are, and how easily the whole goddamn thing could be brought down. We never solved the problems of 2008, we just dumped money on them; we never solved the underlying issues that lead to the Temper Tantrum of December 2018; and we sure the fuck didn't fix the fundamental issue that almost brought the whole show down on September 17 of 2019. And all this was before Covid. There's a reason I went all-in on bonds back in August and that Warren Buffet is sitting on a mountain of cash, and this is pretty much it.

So yeah, congrats to the little guy and all that shit, but don't think for a second that people at the top are going to be the ones who pay.

I think it's yer Goodfellas soundin' voice dat's freekin' 'em out, eh?

2 more comments have been lost in the ether at this killed duplicate.

This video has been seconded as a duplicate; transferring votes to the original video and killing this dupe - dupeof seconded with isdupe by cricket.

*dupeof=http://videosift.com/video/Bill-Burr-Emotionally-on-Goodfellas

This video has been nominated as a duplicate of this video by chicchorea. If this nomination is seconded with *isdupe, the video will be killed and its votes transferred to the original.

Goodfellas = *quality

It has a character in it played (expertly) by joe pesci that is a volatile psychopath who likes to tease people into thinking he's lost his rag. So you get a lot of stand-off type situations where you just don't know whether the guy is joking or not, and even if he is joking you don't know if he's going to kill them as part of the joke.

I think the point being that there are classic, seminal films that have similar plot devices in, so it doesn't mean this film will suck. However, johnny depp is not joe pesci and this is not goodfellas.

I also recommend you to watch that film if you haven't.

Sagemind and artician's comments are also in reference to Goodfellas.

Rather than tell you why it's relevant you should stop reading this sift before someone spoils it for you, and go watch one of the greatest movies ever made

You're talking like someone who's never seen Goodfellas.

Old and fat now....but Taxi Driver DeNiro? Even Goodfellas DeNiro...shiiiiiiiiittt.

>> ^Quboid:

>> ^ant:
Citizen Kane put me to sleep, Godfather was decent but not my type of flick, Star Wars movie was good, etc.

Citizen Kane was a chore, I only watched it because, well, people like this guy. I didn't notice anything special about it at all. I can only assume that the clever, innovative stuff it did has been repeated in every other movie I've seen so I'm accustomed to it. Maybe if I'd only seen pre-Kane movies before seeing it, it would blow my mind.


You've got it exactly right, after Citizen Kane movies were changed forever. The non-linear way the story was told had never been tried, and the camera and lighting were used in completely innovative ways. Hell, in one scene when Welles couldn't get the camera angle that he wanted he grabbed a pickaxe and shovel and dug a deep hole in the middle of the set in which to place the camera!

Truth is though, my favorite Orson Welles movie is "Touch of Evil" with Janet Leigh, Charlton Heston and Welles himself playing one of the most disgusting villains ever portrayed on film. The opening shot alone is a masterpiece, an uncut tracking and crane shot that goes for more than 3 minutes. Fantastic stuff.

Check out the opening scene here... http://videosift.com/video/Opening-shot-to-Touch-of-Evil

No director has ever surpassed this scene... Altman made a great effort in "The Player" and Scorsese came close in "Goodfellas", but still not quite.

I agree with you in principle but s**t man, relax. It's only the internets. >> ^jackhalfaprayer:

argumentum ad hominem. it's not my job to do better; it's rockstar's job to do better. we weren't talking about me or anyone else until you changed the subject. i'd say that bethesda has been doing better open world games since the mid-to-late 90's, konami's silent hill series has been better at telling stories (read: making one feel like playing through a movie, which rockstar wishes they could accomplish), and just about any third-person game from tomb raider to max payne has a better 3-rd person targeting system than that broken-ass excuse rockstar has been trying to fix for 10 iterations or so. so pretty much everything that GTA has been mashing up into a huge meaningless sandbox of drivel has been done before in a less broken fashion, with more variety, less linearity, less repetitive gameplay, and without falling back on hopelessly cliche, hackneyed mafioso stereotypes and slipshod driving mechanics.
but if you wanted to give me money to write a game and pay some programmers and artists and designers, absolutely! i'd be happy to present to you a game that is better than anything rockstar has produced to date. until then, fanboy, defend this mediocre studio with some actual points instead an ad hominem logical fallacy... or just stfu about what i or anyone else should be doing better than rockstar. rockstar puts out unoriginal crap with semi-impressive tech and people like you eat it up, bloat their egos, and line the pockets of corporate lackeys that are afraid to do anything new with an old IP. there's better work out there. you must not hear about it because it's not mentioned in your gamepro subscription. so go preorder this re-hash bullshit, and rest ignorant of the knowledge that people like you are destroying this industry, and this community, by buying into the hype machine of some fake gangster-sim crap with nothing new to offer since version III. and don't tell me that I should put up with it because there's nothing better out there, wtf sort of defense is that?
>> ^Yogi:
>> ^jackhalfaprayer:
GTA III was the last time there was any innovation in this series. I'm tired of sandbox missions with a half-assed organized crime drama throughline. I'd rather watch Goodfellas or something where there's real writing and acting. Rockstar games are overhyped and underdeveloped.

You...or ANYONE do better. Seriously we've seen other sandbox games try and fail...this is like criticizing WoW for being what it is. Do something better or accept that this is as good as it gets right now and shut up.

argumentum ad hominem. it's not my job to do better; it's rockstar's job to do better. we weren't talking about me or anyone else until you changed the subject. i'd say that bethesda has been doing better open world games since the mid-to-late 90's, konami's silent hill series has been better at telling stories (read: making one feel like playing through a movie, which rockstar wishes they could accomplish), and just about any third-person game from tomb raider to max payne has a better 3-rd person targeting system than that broken-ass excuse rockstar has been trying to fix for 10 iterations or so. so pretty much everything that GTA has been mashing up into a huge meaningless sandbox of drivel has been done before in a less broken fashion, with more variety, less linearity, less repetitive gameplay, and without falling back on hopelessly cliche, hackneyed mafioso stereotypes and slipshod driving mechanics.

but if you wanted to give me money to write a game and pay some programmers and artists and designers, absolutely! i'd be happy to present to you a game that is better than anything rockstar has produced to date. until then, fanboy, defend this mediocre studio with some actual points instead an ad hominem logical fallacy... or just stfu about what i or anyone else should be doing better than rockstar. rockstar puts out unoriginal crap with semi-impressive tech and people like you eat it up, bloat their egos, and line the pockets of corporate lackeys that are afraid to do anything new with an old IP. there's better work out there. you must not hear about it because it's not mentioned in your gamepro subscription. so go preorder this re-hash bullshit, and rest ignorant of the knowledge that people like you are destroying this industry, and this community, by buying into the hype machine of some fake gangster-sim crap with nothing new to offer since version III. and don't tell me that I should put up with it because there's nothing better out there, wtf sort of defense is that?

>> ^Yogi:

>> ^jackhalfaprayer:
GTA III was the last time there was any innovation in this series. I'm tired of sandbox missions with a half-assed organized crime drama throughline. I'd rather watch Goodfellas or something where there's real writing and acting. Rockstar games are overhyped and underdeveloped.

You...or ANYONE do better. Seriously we've seen other sandbox games try and fail...this is like criticizing WoW for being what it is. Do something better or accept that this is as good as it gets right now and shut up.

>> ^jackhalfaprayer:

GTA III was the last time there was any innovation in this series. I'm tired of sandbox missions with a half-assed organized crime drama throughline. I'd rather watch Goodfellas or something where there's real writing and acting. Rockstar games are overhyped and underdeveloped.


You...or ANYONE do better. Seriously we've seen other sandbox games try and fail...this is like criticizing WoW for being what it is. Do something better or accept that this is as good as it gets right now and shut up.