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.

You took me as safe
That was your first mistake
Who said I was safe

The other night I watched the Oscars
And the roster of the only yellow men were all statues
We a quarter of the population
There’s a room of fuckin’ 1 percenters laughing at you
Fuck a bamboo ceiling, guess I gotta play the villain
ODB up at the Grammys on the mic
Like “Wu-Tang is for the children!”
Bruce Jenner is woman
OJ was acquitted
Kim K is a hero
The sky is the limit, any minute now
They gonna let an Asian brotha’ get a lead role
Shots fired I'm a reload, never saw this side of Chino
He was always quiet keeping to himself
Never messed with anybody else
That's the Jonathan that we know

Seems so safe, till one day things go cray
I swear if things don’t change
My actions can’t be blamed, (STAND UP!)
And now you gotta duck!
You know you never gave a fuck!
I came to get my cut! (fuck you, pay me)
You know I never gave a fuck!

I ain't never heard of none y’all fools
I can do whatever every one of y’all do
If I never get a chance
You might see the homie show up on the 5 o’ clock news
You ain't never seen a yellow boy wild’n yellow boy shinin’ , Sound the alarm I got news
Go ahead and pro-file em’ I ain't pro-violence
Shhhhh, silence is how yellow boys move
Its been the same ol’ thang, I swear the game don’t change
What you talking bout there ain't no space
Guess i gotta go and make more space
You know I’m cool as a motherfucker
Chillin’ in the cut hella quiet with the loud pack
Since I’m a cool motherfucker
You think everything is safe till I ask you where the safe at!

Seems so safe, till one day things go cray
I swear if things don’t change
My actions can’t be blamed, (STAND UP!)
And now you gotta duck!
You know you never gave a fuck!
I came to get my cut! (fuck you, pay me)
You know I never gave a fuck!

You took me as safe
That was your first mistake
Who said I was safe

I'll say it again.... "Fuck you, pay me"

@scheherazade
bingo!

the courts are a racket.
ideals and principles are all well and good,full of fluffy bunnies and rainbows but the hard facts are that the,ironically named "justice system" ,is simply a money extraction machine.

its business,with little or nothing to do with actual truth or justice.

its a pay to win system.
you have the cash?
well here is your fine and have a nice day.
you're broke?
fuck you...pay me.
no job?
fuck you..pay me.
cant pay?
fine i have a nice little cell where we get a kickback for your time spent and just for a nice,good kick in the balls..we are going to charge you for everything and double it for privileges,because we have a 20 year contract with the local privately owned prison and we guaranteed 90% occupancy.

what did people think was going to happen with all the austerity going around? the roads still need to be maintained.cops need to be paid,schools need to open,water needs to be treated and rich people/corporations sure as fuck dont wanna pay for any of that bullshit..so fuck you poor people!

welcome to the grinding machine that is your local courthouse!

fuck you and have a nice day!

if any video deserved the dark tag this would be it.
not too far off on the child-support deal either.
the courts do not care how or where you get the money,their basic philosophy is "fuck you..pay me".

and the money you do pay does not count toward any form of government subsistence either.
so no food stamps,medicare,medicaid...nothing..fuck you..pay me.

you are responsible for daycare,even though she has government subsidized,so she can go to work but you cant afford the insurance on your 15 yr old car.
that sucks buddy but fuck you..pay me.

she finds out you are moonlighting as a teacher at night school and hauls you into court where the judge promptly takes 100% of your earnings from that second job siting the "needs of the children" where-as you were just trying to make grocery money.
life is unfair...fuck you..pay me.

your visitation is revoked because she complained that your studio flat was in a "bad neighborhood" but refuses to honor the 2 hrs a week your are allowed by court order to see your son.who then turns around and tries to have your parental rights taken due to "negligence".
and all you get for all your letters to the judge is a "cease and desist" order.
fuck you...pay me.

every week a certain amount is collected from my check and every month it is sent to tallahasee and then distributed to an undisclosed recipient.like clockwork this money has never failed to make its rounds to a once young boy who will soon be graduating high school.

i am awaiting the day for a knock on my door to be greeted by a face i once knew many years ago.a round a cherubic face and he will say: thanks for nothing...fuck you dad.
*quality

That's great, but now they've got this idiot as a partner for life. And they need to come up with his beer whenever he wants it, no matter what! Beer truck broke down? FUCK YOU, PAY ME. Recession? FUCK YOU, PAY ME. Place got hit by lightning, huh? FUCK YOU, PAY ME.

And finally, when all the beer is gone, you light a match.