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The Gamestop Short Squeeze in 4 Minutes

StukaFox says...

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.

Let's talk about Trump's accomplishments...

newtboy says...

Oh fuck, Bobby...20 lies to debunk? You suck.

1) and how many lost?...tens of millions
2) citation needed, and even if true, there are many more unemployed too, there are more of us. What you neglect is that there are more trying to work because it’s impossible to live on one average income and even children have to work to pay the family bills
3) citation needed, and lost how many millions? The net has been a loss of manufacturing, most of his gains never materialized
4) for one quarter after declining at the fastest rate in history for two. If I drop you off a 100’ cliff yesterday, then lift you up by 6’ today, I still made your position much worse even though it’s incredibly better than yesterday when you were falling...I don't get kudos for picking you up after stomping you into the dirt.
5) economic growth the quarter before reduced by what was it, >30%? That’s still a loss, dummy. See #4
6) new unemployment claims hit 50year highs for 3 quarters before, and new rules take many unemployed off the list so it looks better for Donny. The unemployment rate is still historically high
7)average household income has decreased. Rich became much richer, poor became poorer. Average Americans saw a loss in income
8 ) already discussed unemployment, you’re misstating or obfuscating the whole picture
9) anyone suspected of being undocumented is removed from the list....not an honest number by far
10) more fake numbers
11) more fake numbers
12) more fake numbers
13) more fake numbers
14) more fake numbers

Here’s the real data, notice only three states weren’t in the worst unemployment position ever last year.... https://www.bls.gov/web/laus/lauhsthl.htm
Also note not a single one is at it’s historic low unemployment, and most saw record high unemployment rates for most of 2020.
I give him credit, at the beginning of 2020, before he screwed it all up with his failures over the Trump pandemic, about 1/3 of states were near record unemployment by the newer standards. I have to wonder how much of those gains were due to changing g the criteria for counting the unemployed.
When you drop your victim in a 100’ hole you don’t get kudos for throwing them a 6’ ladder
15) you mean thrown out of the programs, there’s more need than anytime since the Great Depression. It's incredibly dishonest to make qualifying for assistance far more difficult, then use the lower numbers of people who qualify as proof you improved conditions. Utter bullshit.
16) they’ve pledged that before. Call me when they graduate, until then it’s another empty promise
17) citation? Probably a Trump speech talking point
18) it was Christmas...they ALWAYS surge in Dec, usually by a ton more than this year. Let’s see the yearly number for 2020. I don’t believe for a second it was better than 2019...citation? Oops, looked it up, declined, didn’t go up. I think you’re looking at predictions for December, they were WAY below predictions.

US Retail Sales Unexpectedly Drop in December
US retail trade fell 0.7 percent from a month earlier in December 2020, following a revised 1.4 percent decline in November and compared with market expectations of a flat reading. That was also the third consecutive month of decline in consumption, amid record COVID-19 infections, high unemployment levels and lack of government's support. Receipts declined at electronics & appliance stores (-4.9 percent vs -8.3 percent in November), restaurants and bars (-4.5 percent vs -3.6 percent), food & beverage stores (-1.4 percent vs 1.5 percent), general merchandise stores (-1.2 percent vs -1.3 percent), sporting goods, hobby, musical instrument & books stores (-0.8 percent vs -1.7 percent), and furniture stores (-0.6 percent vs -2.1 percent). In addition, online trade slumped 5.8 percent, accelerating from a 1.6 percent decrease in the previous month.

19) not for people making less than millions a year, our tax cuts were minimal, temporary, and unnoticeable. What’s the debt now? He cut revenue and increased spending....thanks to failing to deal with COVID, it’s likely he doubled the debt. What was the low estimate, >$6trillion in unplanned off the budget socialist handouts to fix his lack of a public pandemic plan. This year the debt is going to outpace gdp....the deficit was up by 35% BEFORE the Trump recession.
$300 billion didn't leave...that number was the total high estimate of businesses that said they were moving off shore because they didn't want to pay taxes or said they would move back...if you believe him...and it was only for one quarter, a one time gain at a cost of >$1.2 trillion per year In lost tax revenue. Great plan. It was a one time thing, and much of that business left anyway within the year. GM plant? Foxconn? Harley Davidson? How much of that claimed $300 Billion was based on promises that never materialized?

20) not most small businesses, only those making what was it, >$500000 a year? That’s not most “small businesses “....and that tax rate is temporary, phased out completely after 10 years, corporate tax rates and rates for billionaires is permanent.

You must ignore or fake all economic data from 2020 to make these claims, and even then they would be dishonest exaggeration based on baseless claims from a constant liar.

Not one point you made is honest...that’s why you can’t provide references or citations, you would be embarrassed to admit it all came straight from Don the con’s lying mouth and not organizations that professionally study these claims.

bobknight33 said:

@newtboy ...LEARN

(20 Dishonest claims)

bobknight33 (Member Profile)

JiggaJonson says...

What's up your ass? Nazi facebook got shunned and grandpa hitler wannabe got kicked off social media?

Hey, look,




I'm sorry you got duped.
But that doesn't give anyone the right to do what they did.
LETS BE CLEAR
People forced their way into the capitol building through violence. They hung up a noose https://www.snopes.com/fact-check/noose-hung-outside-capitol/ and when inside the building they were chanting 'FIGHT FOR TRUMP FIGHT FOR TRUMP FIGHT FOR TRUMP' until the president tweeted about Mike Pence's disloyalty, then they started with "WHERE IS PENCE, WHERE IS PENCE?

If you know anyone who was at the rally and stormed the capitol, please contact the FBI
https://www.fbi.gov/contact-us/field-offices/washingtondc/news/press-releases/fbi-seeking-information-related-to-violent-activity-at-the-us-capitol-bu
ilding
https://preview.tinyurl.com/yyq8xcba (link is too long)

They are wanted as person's of interest, suspected of terrorism.
https://www.foxnews.com/politics/capitol-rioters-prison-trump-executive-order-federal (link is too long) copy+paste

$50k for anyone associated with the pipe bombs https://www.npr.org/sections/congress-electoral-college-tally-live-updates/2021/01/08/954845870/u-s-capitol-flag-will-fly-at-half-staff-fbi-issues-rew
ard-over-pipe-bombs


------------##########------------
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Look, I believe that you believe what you're saying, okay?

Let me make one last red rover talk with you, maybe you'll come on back to reality.
------------##########------------
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Here's the argument for Georgia, laid out in point by point sections


1.--------------------------------
Do you know any Trump supporters who don't trust the election?

From 2018 so before the current bullshit; though it's worth pointing out that Trump also claims that the 2016 election that he fucking won was a fraud.

"Results from a new Grinnell College National Poll give insights into which citizens lack confidence in the November 2018 election. As it turns out, white conservatives, despite accusations of election fraud from President Trump and several outspoken conservative leaders, are neither the only groups concerned about the accuracy of the 2018 vote count nor the groups most concerned. The poll’s results also uncover how a lack of confidence in the vote count is linked with voter turnout "
https://bit.ly/2VooAMS

I would argue that's contributed to a suppression of turnout. See also # 10 on my list here.


2.--------------------------------

https://apps.npr.org/elections20-interactive/#/house

The democrats lost a chunk of seats in the house of reps.
Flip flip flip flip flip flip
All that, all the Democrat plot to steal the election? That's some 7d chess right there. Secret dem plot = elect republicans. (it's the same ticket as the presidential vote) Can't trust people who voted Republican? Is that it? Throw those votes out?


3.-------------------------------
Arguing a that a technicality should disqualify votes doesn't mean that Americans' vote count is inaccurate. And if those votes' certification is invalid, why did Republican senators and Congress people from those states take their offices on Jan 2nd?

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>They are voted in on the same ballot that the vote for president is cast on. <<<<<<<<<<<<<<< <<<<<<<<<<<<<<<<<< <<<<<<<<<<<<<<<<<<<<<<<<<<
If they genuinely think and believe it was a scam, why did they show up to Washington and take office on the basis of so-called fraudulent ballots? If those ballots are frauds, what are those Republicans doing seated in those congressional seats?

Also, if that rule change is so bad, and absentee ballots are so fraudulent and can't be trusted, why did the Republican party in that state send a absentee ballot to every Republican who voted in the last election? You'd have to throw out ~700,000 republican votes as well. Don't their votes count?


4.-------------------------------

Mitt Romney is an absolute asshole and he supports policy i strongly disagree with, but at least he's honest and seems to speak with an appeal to integrity. I think I saw his outrage at his own party spilling out of his head during the objection hearing.

But he's been an R his whole life? Cant be trusted?

Mitch McConnel is like a RPG character that someone dumped all the skill points into "fuck these rules, I'm getting my way" He will do anything, cast off nearly any rule to advance republican politics. He is against this. No one, only one man can be trusted ???

Mike pence is the most republican motherfucker around, and he does not endorse this, which party are you with?



5.------------------------------

The senators objecting were right the cases didn't progress to a hearing, and were all "without standing" or were unable to even make a claim, with Rudy going into court and when the judge flatly asks him if he's suing for fraud,
'is this a fraud case ? '

>>>>>>>>>>>>>RUDY - "NO"
"No we do not"
( O_O) ?

The judge explains that maybe he did allege fraud at some point, but not in the paper work he filed currently in front of the judge. (EVEN JUDGE JUDY DON'T ALLOW THAT SHIT)

WOULD YOU LIKE THE AUDIO OF THAT?
https://www.c-span.org/video/?c4925496/user-clip-alleging-fraud

Finally, after some linguistic dancing, the judge revisits the topic, bookending that clip. ”Does the Amended complaint include fraud with particularity ?"

>>>>>>>>>>>>RUDY - "NO YOUR HONOR"



6.-------------------------------------------

So all of my
X Y Z cant be trusted?
Add McConnel and Pence



7.------------------------------------------

Maybe you are taking trump literally, not seriously? You're supposed to do "seriously, not literally" i've heard. Maybe he seriously won the election...
...but not literally, actually, or in-fact.



8.------------------------------------------

So only one man can be trusted? Only one man with the power? He used to hint at not conceding, now he's hinting at no more elections.

is that the way of a democracy or a republic? NO MORE ELECTIONS, THEY CANT BE TRUSTED UNLESS I WIN
???What good are elections? Why would we need those? They're all stolen anyway right ?



9.------------------------------------------

The states that made a difference and flipped from red to blue. Red, they were already red. Red as in Republicans won previous elections there and we're in charge of the local government and election boards in each case.
REPUBLICANS CERTIFIED EACH OF THOSE STATES.
HENCE THE FLIPPING,
THEY CERTIFIED IN DECEMBER,
BEFORE THEIR REPLACEMENTS ARRIVED.


10.-----------------------------------------

Democrats have been doing the work of flipping Georgia for 30 years, for democrats, that's how they flipped the state.

[The Daily] The Georgia Runoffs, Part 1: ‘We Are Black Diamonds.’ #theDaily
https://podcastaddict.com/episode/117319937 via @PodcastAddict

They interview Stacy Abraham's here^ and she speaks at length about the decades long process to flip Georgia, and all the fundraising they did during that time

There is also a sister episode where republican campaign officials are interviewed and they discuss how they are not prepared in Georgia because they thought that state was a lock, still they could have pulled it off, but voter turnout was being suppressed because people were being told it was a fraud. There is a telling moment where the two R senators up for election in Georgia are on stage but the crowd just keeps chanting TRUMP TRUMP TRUMP to the point that they are unable to speak to the crowd
[The Daily] The Georgia Runoffs, Part 2: ‘I Have Zero Confidence in My Vote’ #theDaily
https://podcastaddict.com/episode/117362059 via @PodcastAddict

>>>>>>>>>>>Notable,
the interviewer tries and tries but can't find a republican who will say they have confidence in their vote at the Georgia rally.


>>>>>>>>>Finally<<<<<<<<< >>>>>>>>>Finally<<<<<<<<< >>>>>>>>>Finally<<<<<<<<< >>>>>>>>>Finally<<<<<<<<< >>>>>>>>>Finally<<<<<<<<<
"To all of those who have asked, I will not be going to the Inauguration on January 20th."

— Donald J. Trump (@realDonaldTrump) January 8, 2021

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Come on.

Stop.

It's over.

You're defending people who planted pipe bombs in the capitol building of the United States of America.

It doesn't matter how you cut it, that!

THAT!

Is NOT right.








Edit: And we're actually a mixture of both a republic and a democracy. There are regular instances on the people voting on laws directly.

Whatever happens, I hope Republicans keep doing what they're doing, because they are losing every election since trump and then some ...shithead.

bobknight33 said:

Hey shit head

We live in a REPUBLIC not a DEMOCRACY

Voter cheated very little
Election fraud was great and led to febel man put in White house.

Poll workers were not allowed to do their job.

Religion and Magic

S*ck My D*ck 2020

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