The Biden administration is now threatening states into enforcing mask mandates with mob tactics. Wisconsin was going to repeal theirs until they found out the Biden Admin would strip funding from feeding starving people in their state. It’s pure evil.
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For my economics friends
Milton Friedman in 1980:
"The view that government's role is to serve as an umpire to prevent individuals from coercing one another was replaced by the view that government's role is to serve as a parent charged with the duty of coercing some to aid others."
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Originally posted by Unregistered View PostCitadel paid yellen 800k the past two years, You think she is going to crack down on them. Biden brought in more sewer rats into the swamp after claiming to be high and mighty and moral. First his crooked family, now his crooked cabinet.
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Originally posted by Unregistered View PostIt’s very clear that RobinhoodApp and Hedge Funds like Citadel are saying we’ll take our chances with class action lawsuits and white collar crimes and paying people off to stay out of prison rather than their firms going bankrupt
One of the hedge fund losers is already in serious trouble needing a bailout yesterday
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Originally posted by Unregistered View PostRobinhood is done- who would continue to trade on a platform that can shut you down on a whim?
One of the hedge fund losers is already in serious trouble needing a bailout yesterday
Investigate
Fines & prison
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Originally posted by Unregistered View Posthis admin is all ex wall street- no builders just takers
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This is Joe’s first full week and already the corruption. Yellen should resign. She can’t oversee a RobinhoodApp investigation. GOP you are not off the hook. We see how many of you voted to confirm Yellen.
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Originally posted by Unregistered View PostOf course RobinhoodApp is done. CEO knew that yesterday morning when he stopped allowing trades. The question is, who forced him or coercing him to blow up the company. His actions were suicide and he knew it.
Investigate
Fines & prison
I love the fact that the little guy is sticking it to the man, but robinhood should have never permitted margin purchases on this stock and is now paying a very serious price.
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Originally posted by Unregistered View PostI do not agree with what robinhood did, but there is a reckoning. Many individual buyers of Gamestop do so on margin (borrow money from robinhood to purchase shares). Right now Gamestop is through the roof, but then the bubble will burst as it is not trading anywhere close to intrinsic value. The stock will drop and all of these day traders will start to sell and then the price will collapse. Soon after the margin calls from Robinhood will begin. As their customers default, robinhood will be left holding the bag. Robinhood will take the loss and be forced to collect from 1,000s of little guys that they call their customers, but after this, former customers.
I love the fact that the little guy is sticking it to the man, but robinhood should have never permitted margin purchases on this stock and is now paying a very serious price.
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I have said repeatedly that I would pit the stupidity of Los Angeles up against any region in the world.
I will go a step further today after seeing that the health department is banning television. Los Angeles is the single stupidest region anywhere on earth.
No TV’s allowed to be turned on in restaurants.
ScIeNcE
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Originally posted by Unregistered View PostFor my economics friends
Milton Friedman in 1980:
"The view that government's role is to serve as an umpire to prevent individuals from coercing one another was replaced by the view that government's role is to serve as a parent charged with the duty of coercing some to aid others."
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Unregistered
Originally posted by Unregistered View PostI do not agree with what robinhood did, but there is a reckoning. Many individual buyers of Gamestop do so on margin (borrow money from robinhood to purchase shares). Right now Gamestop is through the roof, but then the bubble will burst as it is not trading anywhere close to intrinsic value. The stock will drop and all of these day traders will start to sell and then the price will collapse. Soon after the margin calls from Robinhood will begin. As their customers default, robinhood will be left holding the bag. Robinhood will take the loss and be forced to collect from 1,000s of little guys that they call their customers, but after this, former customers.
I love the fact that the little guy is sticking it to the man, but robinhood should have never permitted margin purchases on this stock and is now paying a very serious price.
If RobinhoodApp can’t vet their customers (make sure they are credit worthy) then they should be put out of business. For God sake they are in the financial market and can’t run a credit report. Don’t let Joe smith on margin, must have $$$$ to cover
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Originally posted by Unregistered View PostMany of those day traders don't know how to manage a crisis. They've been emboldened by a market that keeps going up (Covid aside). Professional traders now know what's going on and have more experience with highs and lows. Still it's disturbing how prices can be manipulated by just a few people. Its legalized gambling but a huge crash can destroy people's life savings who aren't ent the ones gambling
Typical elite who thinks he should save you from yourself
Personal responsibility dumb azz
These people you are worried about above are the same ones who take a cash advance on their credit card to go to Foxwoods. You can’t & should not try to fix stupid. Stupid always finds a way.
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Engaging in the financial market of your own free will is dangerous to your portfolio comrade, we will now reduce your risk against your will. <- Same energy as mask mandates and economic shutdown orders. Do we see it yet? Take off the mask and open up your store. These people are terrified of us. Good!
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