Name:	MartiniMan -	Reply
Subject:	Revolution in the markets
Date:	1/28/2021 9:40:20 AM

Not sure if any of you have been following the GameStop brouhaha that is going on right now.  Here's the executive summary.  Melvin Capital (a hedge fund that makes billions shorting stocks and screwing retail investors) had a huge short position in GameStop.  They were betting the stock would go down and by taking such a huge short position (140%) they manipulate the market, drive the price down and then make a huge windfall at the expense of ordinary investors.

Apparently a group of retail investors on a Reddit forum banded together to buy GameStop and drive the price up from a low of $6/share to $340 per share which cost Melvin Capital almost $13B and forced them to be bailed out by some investor to the tune of almost $3B.  And so what we have right now is collective outrage from the hedge fund billionaires calling for regulation.  So once a collective of small investors are beating them at their own game they are whining for govt regulation to save their cash cow.  As Charles Payne put it so well on Fox Business News no one was complaining when Melvin Capital was trying to destroy GameStop with their massive short which would screw over retail investors.  But suddenly when the retail investors band together to beat them at their own game they are up in arms.

I can assure you the lobbyists are right now knocking down the doors in Congress and the WH to stop ordinary investors from beating them at their own game.  And they will likely succeed. And this is not a partisan thing....I can assure you they are after every member of Congress and would have been after the Trump admin if he was still in office.  This is how they rig the system, use their influence with the Fed'l govt to keep their gravy train going at the expense of you and me.

Name:	Shortbus -	Reply
Subject:	Revolution in the markets
Date:	1/28/2021 10:06:34 AM (updated 1/28/2021 10:10:40 AM)

And if we organize politically in the same fashion, we can implement change in the same way.

This is why free speech is now domestic terrorism.

Funny   sometimes the only way to beat a criminal is to be a criminal.

Watch silver next.  The metals have the most abused naked shorts.

Name:	Talullahhound -	Reply
Subject:	Revolution in the markets
Date:	1/28/2021 9:30:45 PM

It's been interesting to watch, for sure.  Funny thing - when you have a racket, you get upset if anyone else turns your racket on you.

Name:	Shortbus -	Reply
Subject:	Revolution in the markets
Date:	1/28/2021 10:23:04 PM

As I said.....................

https://www.wnd.com/2021/01/4888545/?utm_source=Email&utm_medium=wnd-breaking&utm_campaign=breaking&utm_content=breaking&ats_es=8f0f31e51307de3cf7a69311bae87aa2

Name:	MartiniMan -	Reply
Subject:	The plot thickens
Date:	1/29/2021 10:36:24 AM

Apparently Janet Yellen was on the phone all day with various firms about this, including some of the trading platforms that stopped allowing the purchase of GameStop shares.  Said Yellen was paid $800,000 in speaking fees by Citadel, one of the hedge funds crushed by this short squeeze.

This is how it works folks.  They work in a regulatory agency for a while.  Then when they got booted by a new adminstration they work private sector and get paid millions in fees.  Then they go back to work in a regulatory agency with a new, friendly administration and the firms that paid them millions start to cash in on their investment.  And you wonder why I believe in a limited Federal govt and subsidiarity?  This kind of corruption is SOP and we are the ones that have to pay the price.  No wonder Trump rescinded his order on lobbying.  He must have learned this is how the game is played in DC and everyone wants to cash in.  It's a reward system to buy loyalty and fealty.  

Name:	Shortbus -	Reply
Subject:	The plot thickens thickener
Date:	1/29/2021 6:37:03 PM

https://www.zerohedge.com/markets/major-bank-publishes-list-shorts-will-surge-next