Excellent way to ruin a barrel and the bedding of the barrel and the stock lol...

Sorry to be the little grey raincloud on this Hate The Hedges party, but you might want to understand the implications of what just happened

Y'know that fund that's getting all attention, Melvin Capital? Yeah, fuck them, right? Fuckin' shorters all shortin' and shit -- they played, they paid!

There's a reason they were bailed out and with all due haste.

Here's the issue: they were VERY good at the shorting game. So good that they actually had to turn away business. They made money like horses makes shit. When clients couldn't get in at Melvin, they went elsewhere. That opened the door to a lot of other firms basically mirroring exactly what MC was doing, which included shorting the fuck outta GME.

Fuck those guys too, right? It's their money, so why should I care?

Let's go back a few year, shall we, to the glorious chapter in finance and economics that was the 2008 Crash. Remember when Paulson lost his shit because he realized that in about 36 hours, the basic system called Western Capitalism was going to shit the bed; the bedroom; the whole house and pretty much every surface above the ocean within a planetary radius? This is sorta like that. Only worse.

The thing about short squeezes is that the losses can be infinite, and that's exactly why WallStreetBets did what they did. They knew if they bought and held -- diamond hands -- the stock would have to rise as the shorters had to cover their bets. Melvin Capital and a shit-ton of other, smaller firms had to do that and ran out of liquidity long before GME was even at $50. For every share of stock they shorted, they need to cough up another share at a higher value -- and they HAD to actually have the higher-priced share.

And here's where things get VERY ugly.

Shorting GME was such a sure thing that a huge number of shorts were placed. In fact, more shares of GME were shorted than actually existed. Oops. But hey, SURE THING, BABY and what's the worst that can happen?

Yeeeah, y'see where this is going now?

So these firms, not only are they broke, they don't have the shares, either. They need to come up with shares, pronto, at any price, because contractual obligations are a motherfucker in the finance world. But again, more shorts than there are shares and the people who have the shares, WSB and 4chan's /biz/, aren't letting them go. The longer they hold, the higher the price will go as short after short faces having to cough up the shares they borrowed.

A lot of people are about to lose a LOT of money -- the kinda losses that have so many zeros attached that looking at the number bores the eyes.

Back to 2008: the reason the whole world almost started Mad Max LARPing back then is that a narrow number of highly-important financial institutions were a wee bit thin on liquidity because they were having to pay it out by the boatload. That's bad. What would be better is if risk were more distributed, and how could that little plan POSSIBLY go wrong? Maybe a Black Swan event involving a huge amount of money that needs to be paid out by all of them due to this annoying bird.

That's where we are now, but no one even remotely knows what that figure is going to be. Again, (potentially) infinite losses multiplied by 150% times the number of shares actually available, multiplied by the dogshit risk factor on the loans and the leveraged payouts -- your best case scenario might be a loss of about $500 billion. Someone has to come up with that money, be it the Fed or other banks/investors, but that latter group has to come up with the money themselves, which is generally accomplished by selling profitable holdings. We all know what happens when a lot of people have to sell, right?

I always wanted to live in interesting times, thus proving what an utter fuckwit I am.

Very cool, but that whole "get up with the sun, go to bed when it sets" has to be very latitude dependent. Dead of winter here, we only get about 7-8 hours of sunlight, so I can't get 16 hours of sleep each day.

Your video, Bed Bugs Scuttle Out of Headphone Jack, has made it into the Top 15 New Videos listing. Congratulations on your achievement. For your contribution you have been awarded 1 Power Point.

A super spreader event for a new covid variant 452r which seems to be more easily transmitted The hospital currently has the highest covid patient to bed ratio of all the hospitals in Santa Clara County at 57%.

https://www.mercurynews.com/2021/01/18/rising-covid-19-variant-found-in-kaiser-outbreak-in-san-jose/

Look up to see how the hospitals in your area are doing (united states by county)
https://www.npr.org/sections/health-shots/2020/12/09/944379919/new-data-reveal-which-hospitals-are-dangerously-full-is-yours#lookup

Sorry @oritteropo I know this is very off topic from the video, but i just can't help myself when it comes to all things covid.

I figure you have all the answers, can you explain why, when covid vaccines are in ridiculously short supply and billions of taxpayer's dollars were handed over to help speed up production of vaccines in America, why are those vaccines being sold to Europe in numbers that may dwarf the amount available to America and at 3/4 the price?
America is by far the worst per capita at controlling the virus, why are we giving away our one shot at stopping it? Why didn't we insist on every American getting the vaccine before it could be sent elsewhere? So much for America First I guess.


Secondly, are you enjoying the #walk away movement that is gaining speed with more republican politicians coming out daily to denounce their party and joining Democrats? It's just like that totally fake movement you talked about in 2018, but this time it's republicans walking away, and this time it's real people from the top down, not stock photos and faked profiles. "Destroy the gop" isn't just a white supremacists rant, it's what happened when they got in bed with Trump 4 years ago.

Bwaaahahahaha!
This stupid hoax has failed miserably, but another succeeded brilliantly.....and it was fucking Borat!!!

You want to trot out some faked files from random computers to try smear Biden...and are outraged that no one believes it (maybe shouldn't have destroyed your credibility by lying constantly)....but Borat comes out tomorrow where we will all see Guliani flirt with someone introduced as a 15 year old, go alone with her to her room for drinks, ask for her phone number and home address, grab her ass repeatedly, flirting shamelessly the whole time, then lie down and start touching himself in front of her only to be stopped by Borat who barges in and tells Giuliani to stop, she's too old for him....he admits it all happened but claims he was just tucking in his shirt (just ignore all the flirting and invitations for private meetings, the groping, the lying down on the bed, the movements in his pants, and the embarrassment when he was caught).

More real pedophilia in Trump's inner circle. First, decades of picking up YOUNG girls with his best friend Epstein, then he intentionally chose a well known incestuous lawyer.
Now he's also proven to be another pedophile too, not with fake Russian photo shop, but professional multi camera video. Streaming tomorrow. Enjoy!

Republicans, the party of pedophiles and incest (let's not forget Giuliani also married his young cousin).

I've said it before and I will say it again. Regardless of death bed wishes and/or the election, the sitting President has the right to nominate a SCOTUS pick. Note, I said nominate, not confirm. That is the job of the Senate.

Even if (likely when, it seems) Trump loses, until the end of his term he is able to nominate a SCOTUS pick. Obama was allowed to pick Merrick Garland, but the Senate was Republican. They chose to not confirm him. Even after Trump was elected, Obama could have picked a person for SCOTUS. The Senate would have made the confirmation decision.

In this case, the Senate leans Republican, so the pick will likely be confirmed. It might not be what some people want, but it is legal.

Lol, more trumpets lies caught and shut down....so much for your "I'm black and I'm voting for Trump" scam. Twitter just tossed all their accounts because, surprise surprise, they weren't actually black people, they were trolls and bots set up to push a ridiculous scam message that black people love trump and you should too.

It's looking possible for dems to take 10 Senate seats, and the Republican party will just evaporate in failure like everyone who's ever gotten into bed with Trump. ROTFLMAHS!

Sorry sunshine.....not really sorry though.

Those numbers also don't take into account that once ICU beds aren't available, the mortality rate jumps exponentially higher....like five to seven times higher.

Stop posting this unscientific propaganda, pedophilia supporter.

Notice not one reference on any of his "data" because he likely made it up like he usually does.

His data doesn't match any verified data either, and his graphs are intentionally confusing, including individual states and countries in a completely unscientific propaganda graph, some countries with populations in the 70-80000 range. My guess is it's improperly presented this way to hide how bad America has done, with well over half the slots being US states and many of the remaining countries having tiny populations and third world conditions. This is the superstition side of the argument, not science based or scientific at all.

We have >200000 deaths with just over 2% infected. Herd immunity takes 70-80% being infected and a stable virus that won't mutate enough to erase immunity. That's a minimum of 7-8 MILLION Americans dead and p to 21-24 million permanently disabled if we have 1.6 million ICU beds....hint, we don't, so multiply the deaths by 4-7 but lower the disabled numbers, they'll die instead. So far, there's no study that shows herd immunity is even possible, since this virus mutates every few months it's unlikely. I think sacrificing millions - 60 million or more to find out is outrageously insane.

Use real, verified data, we are at best 8th worst (only 7 countries have more deaths per 100000 and 8th highest death rate per infection too). Just look at India, with 4 times the US population, just over 1 million fewer cases than the US, and way less than half the deaths....IN FUCKING INDIA.

https://www.statista.com/statistics/1104709/coronavirus-deaths-worldwide-per-million-inhabitants/

https://www.npr.org/sections/goatsandsoda/2020/08/05/899365887/charts-how-the-u-s-ranks-on-covid-19-deaths-per-capita-and-by-case-count

Because our population is so large, that puts us at number one in total deaths with 4% of the population but 25% of deaths....so > 6 times the global average per capita and the most reported deaths by far.

Fail Bobski. Only the most uneducated rubes fall for this ridiculous nonsense.

Our health care system was stretched beyond it's limits with under 2% of Americans infected over a 9 month period, and even so 200000 died (likely more), some from lack of access to hospitals because they had zero beds available in entire states.
His plan is now to allow 35-40 times that many people to get infected in the next few years, which would lead to 7.3 million dead if we could give them the same treatment and mortality rate, but we simply cannot. 15-20% need ICU beds and equipment, in Trump's plan 9/10 won't get it at best, all those people will die, bringing the mortality rate up to as high as 20% +-.

.70 (expected minimum effective infection rate) x 350000000(population) x .20 (probable mortality rate without ICU care) = likely 49 MILLION +- expected dead if all goes to plan under Trump's herd mentality plan....an apt name since he's lining up Americans and sending us to the killing floors.

So somewhere between an optimistic 7.3 million and a pessimistic 49 million dead sacrificed Americans is his best idea (he knows tested widespread vaccines are years off and only good until the virus mutates, which it has already), plus any collateral damage from no functional health care and other factors. I can't fathom where this 3 million number that's being tossed around comes from, it seems insanely optimistic and not based in reality.

https://www.scribd.com/doc/316341058/Donald-Trump-Jeffrey-Epstein-Rape-Lawsuit-and-Affidavits#from_embed



"Trump had known Defendant Epstein for seven years (New York, 10/28/02), and knew that

Plaintiff was then just 13 years old. Exhs. A and B.

10. Defendant Trump initiated sexual contact with Plaintiff at four different parties.

On the fourth and final sexual encounter with Defendant Trump, Defendant Trump tied Plaintiff

to a bed, exposed himself to Plaintiff, and then proceeded to forcibly rape Plaintiff. During the

course of this savage sexual attack, Plaintiff loudly pleaded with Defendant Trump to stop but

with no effect. Defendant Trump responded to Plaintiff’s pleas by violently striking Plaintiff in

the face with his open hand and screaming that he would do whatever he wanted. Exhs. A and

B.

11. Immediately following this rape, Defendant Trump threatened Plaintiff that, were

she ever to reveal any of the details of the sexual and physical abuse of her by Defendant Trump,

Plaintiff and her family would be physically harmed if not killed."


"On the second occasion involving Defendant Epstein, Defendant Epstein forced himself upon me and proceeded to rape me anally and vaginally despite my loud pleas to stop. Defendant Epstein then attempted to strike me about the head with his closed fists while he angrily screamed at me that he, Defendant Epstein, should have been the one who took my virginity, not Defendant Trump, before I finally managed to break away from Defendant Epstein."


@bobknight33 remember, this is only one of 35 different allegations, many of them in court now https://en.wikipedia.org/wiki/Donald_Trump_sexual_misconduct_allegations

Assault weapon bans. Effectively making illegal the most common rifle in the country (ar15) - even though it's statistically tiny in terms of gun killings.
(~450 people killed per year with all forms of rifle. Only some of that is ar15. That's the ~same amount of people as what die yearly from falling out of bed.)

Suppressor bans. Illegalizing an item that has been statistically as good as nonexistent in firearm crimes.

Banning DIY non-commercial firearms. Illegalizing firearms that have been statistically as good as nonexistent in firearm crimes.

Banning Private Sales (aka gunshow loophole). Effectively banning transfers between family and friends. Even though nearly all illegal arms are acquired by straw purchase at conventional stores by girlfriends.
And commercial sellers at gun shows have to do background checks anyways - this is much ado about old geezers trading collectible wild west / ww2 / antique shit.

Nearly all people are killed by pistols. Nobody is calling for a pistol ban. It makes things like an AWB look like a disingenuous effort - because you can pass all sorts of non-pistol-banning gun control laws and there will be no effect on gun death stats. Meaning you can just make more and more stuff illegal forever so long as you save what really matters (pistols) for last.

Between city, county, state, federal, existing gun laws are fat like an encyclopedia. Most people, unless they are 'gun folk', don't even realize the ways you can go to jail. Put a vertical grip in a pistol and posted it to instagram? Enjoy your time with the ATF. 10 years and $100k, assuming you're lax enough to not hire a lawyer to knock it down a bit. Literally volumes of ways to go to jail for shit you wouldn't even imagine would matter.

Many things people complain about aren't even a thing. Like complaining about buying guns online (you can't, not without an FFL involved), or crazy people buying guns (they can't, unless they've yet to be caught doing crazy shit).

Too many laws as it is. Erase a bunch first.

-scheherazade