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So much for the “Free” Market

Posted on 1/28/21 at 12:45 pm
Posted by pevetohead
lurking behind sonic
Member since Apr 2017
2602 posts
Posted on 1/28/21 at 12:45 pm
I would love nothing more to see these rich cocksuckers head on a spike


(My lawyer advised me to say this post is all figurative, of course)
Posted by Chillini
Member since Sep 2012
3153 posts
Posted on 1/28/21 at 12:47 pm to
Kind of funny that this is uniting right and left even if only temporary.
Posted by Frac the world
The Centennial State
Member since Oct 2014
16786 posts
Posted on 1/28/21 at 12:47 pm to
The entire system is rigged against us peasants.

Amazing thing is how they’re doing it so out in the open now and even so, nothing will happen to them.
Posted by JColtF
Lake Charles, LA
Member since Aug 2008
4749 posts
Posted on 1/28/21 at 1:11 pm to
What did I miss?
Posted by kingbob
Sorrento, LA
Member since Nov 2010
67074 posts
Posted on 1/28/21 at 1:18 pm to
Big hedgefunds place massive shorts on Gamestock and other retail companies.

Reddit shitposters call their bluff buy en-masse buying up gamestop and other retail stocks that are being shorted, causing the price to massively spike.

Hedgefunds lose $90 billion + dollars and are forced to sell shares of other companies to cover disastrous losses.

Trading platforms like Robinhood start zero-ing out shitposter investor accounts and preventing users from buying gamestop and other stocks that were being shorted.

Hedgefunds get a bailout.
Posted by sugar71
NOLA
Member since Jun 2012
9967 posts
Posted on 1/28/21 at 1:18 pm to
quote:

I would love nothing more to see these rich cocksuckers head on a spike
The left is accused of hating/ resenting the rich.
Posted by 3nOut
Central Texas, TX
Member since Jan 2013
28872 posts
Posted on 1/28/21 at 1:21 pm to
quote:

Hedgefunds get a bailout.



that's an interesting concept as well. they didn't get a bailout from the government, but a private company stopping the stock from moving from it's platform (RobinHood.)

i think it's chicken shite, but free market responded to something in the free market it didn't like.

i'm all about the smaller guys kicking the HF in the nuts, don't get me wrong. but an interesting case study of the free market fighting for survival against the free market.
Posted by kingbob
Sorrento, LA
Member since Nov 2010
67074 posts
Posted on 1/28/21 at 1:25 pm to
Don’t worry, right now it’s other private companies giving the bailout, but the government should be along shortly to prop them up and make all the shitposters into criminals.
Posted by Andychapman13
Member since Jun 2016
2728 posts
Posted on 1/28/21 at 1:26 pm to
quote:

Kind of funny that this is uniting right and left even if only temporary.

The left doesn’t ever actually do anything about the shot they talk though. I mean they had you thinking the first thing they’d do for sure was decriminalize weed and crickets on that!
Posted by 3nOut
Central Texas, TX
Member since Jan 2013
28872 posts
Posted on 1/28/21 at 1:31 pm to
quote:

Don’t worry, right now it’s other private companies giving the bailout, but the government should be along shortly to prop them up and make all the shitposters into criminals.



oh agreed. i completely expect the government and Fed to bail out the HFs that get screwed here if the neckbeards can withstand the storm.

i'm cheering for them, but cheering for them the way i cheer for Northern Alabama to beat Bama.
Posted by Pecker
Rocky Top
Member since May 2015
16674 posts
Posted on 1/28/21 at 1:32 pm to
People on the right have been worshipping those "cocksuckers" for decades
Posted by pevetohead
lurking behind sonic
Member since Apr 2017
2602 posts
Posted on 1/28/21 at 1:33 pm to
quote:

The left is accused of hating/ resenting the rich.


And the left is correct on this, and the right have finally woke up. The rich have destroyed this country with their recklessness to the point of no repair. To the point where your children’s future is a scary place directly because of the frickery of the rich destroying our economy and getting bailed out by the people they have fricked over. And they keep getting away with it and suffer zero consequences. It’s time the people fight back.
Posted by BiteMe2020
Texas
Member since Nov 2020
7284 posts
Posted on 1/28/21 at 1:40 pm to
quote:

People on the right have been worshipping those "cocksuckers" for decades


I don't have a whole lot against short traders.

They made a bad bet this time. Better luck next time.

But don't bail them out, for Pete's sake.
Posted by Chillini
Member since Sep 2012
3153 posts
Posted on 1/28/21 at 1:40 pm to
quote:

The left doesn’t ever actually do anything about the shot they talk though. I mean they had you thinking the first thing they’d do for sure was decriminalize weed and crickets on that!

For just one thread can we give all the other stuff a rest. Both parties lie to win office. We choose the lesser of the evils based on our own ideals and values. But for one topic at one time we all agree.
Posted by 3nOut
Central Texas, TX
Member since Jan 2013
28872 posts
Posted on 1/28/21 at 1:47 pm to
quote:

People on the right have been worshipping those "cocksuckers" for decades





not wanting the people who are disproportionately taxed to get taxed even more is not worshipping cocksuckers.

eff the rich. most of them are assholes who live in a bubble. but i'm not stupid enough to not realize that most of them will pay more taxes in a quarter most of us will in a life time.
This post was edited on 1/28/21 at 1:49 pm
Posted by David_DJS
Member since Aug 2005
17886 posts
Posted on 1/28/21 at 1:48 pm to
quote:

Kind of funny that this is uniting right and left even if only temporary.

It's temporary only because there is an abundance of useful idiots on the Right and the Left that still don't understand what's going on - this is a class war being waged by the uber-wealthy/connected against the rest of us, and so far the aggressors have been masterful in dividing its foes.
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