Biden administration to begin totalitarian crackdown on $GME squeezers

SEC is all about protecting the hedge funds.

They're already being called white supremacists and Gamergaters on CNN, they'll be terrorists tomorrow.

Ridiculous given how most of the vocal people involved with this is are die-hard, outspoken progressives 🙄

Robinhood sells users data to citadel who bailed out melvin capital who was shorting Gamestop. Connect the dots. Obvious market manipulation happening. Gamestop, nokia and blackberry should sue robinhood for preventing people from buying more stock.

No surprise. Even Elizabeth Warren is siding with the Hedge funds.

Serfs should remain serfs, it seems, and both parties generally seem to be ok with that. Bloodsucking vampires who donate to campaigns are safe.

The SEC is looking into it to attack the small investors, not to see if RH or the funds did anything wrong.

Always attacking the little guy.

Here's the source of the White House rumor.

Treasury Secretary Janet Yellen received $810,00

☝ Psaki had absolute jackshit to say about it. Couldn't even deflect smoothly. CJ is beyond disgusted.

Psaki is a cunt. We got rid of one shit administration in the name of protecting our rights, but this one was just the lesser of two evils.

You know, taking Wall Street to court is hard. That's why I passed on it.

I don’t trust either one of theses groups. Can you imagine if your stock advisor was anonymous? That seems like a bad idea. Reddit is a breeding ground of covert operations. This whole thing stinks.

The hedge funds are evil though. And DL has been one of the rare corners of Internet that the hedgers haven’t bought yet.

That we know of.

OP do you have a link?

I think this being turned into a weapon to beat the President with.

Link request for r2. Can’t wait to see this.

If it was on a show you need to at least attribute a quote and a name of the person who said it.

Are we just supposed to trust your interpretation?

r12 It's up to him whether he deserves it or not.

As always he could take the reins, uphold the law, negotiate fairly between the parties, come up with a workable solution, advocate for Wall Street reform, do the types of things his voters expect from him.

There is no way for this to end well for Biden if the squeezers don't get their money.

If he allows the crackdown to happen he's OVER.

R12 A link for what? There's a link in the OP and many links in the thread already.

Folksy politicians want us to build wealth over generations. Financial speculation is for the billionaire super-PAC funders only.

The little people should keep their heads down and obey.

The SEC is going to attack the Subreddit’s founder and small investors who actually made some money from this.

Robinhood and the hedge funds are safe.

R16 they don’t want “US” to build wealth at all. They want corporate slaves who scrape by.

True, R17.

We’re just fodder.

Serfs.

R17 Summed it up.

This helps me understand some of the popular rage among us.

This response is scary.

The unfairness—media, government, tech, etc. are all against the Redditors.

Discord

Robinhood

CNBC

SEC and White House

Robinhood reportedly will allow limited buying of the unlisted stocks again this morning.

R3 has pretty much got it right.

I can't find R2's claim of an alleged mention on CNN of the WSB redditors also being Gamergaters, but Hilary Sargent has pointed out multiple examples of how some of the WSB folks are also the far-right 8kun type of antisemites.

There is absolutely overlap between the two groups. No one knows how much overlap yet, but there is. You don't have to go far on any social media platform to see the guys joining in against the hedge fund companies saying they're doing it because of some far-right antisemitic belief. Lots of their usernames on Twitter are things like "Bear_Jew" or "JewSwell" or "CryptoJewGold1."

I don't understand any of this...

R24 Ha! Lol. So predictable.

There's absolutely no evidence that the Biden admin has stepped in and told Robinhood et al. to break the law in order to protect some hedge funds. The only people who say this has happened are the same people who say the Biden admin is just as evil as the Trump admin. OP is also the one saying the Biden admin has taken away our freedom of speech, so consider the source on this one.

Yellin has a lot of baggage . This won't end well .

Where’s Saint Trump & Saint Mnuchin on this? The exact opposite is what is just & honest.

This is an loose thread of financial fuckery exposed on a trading platform- a setup that if pulled hard enough, enough times or taught to enough people (or to AI with an algorithm) could cost trillions or devastate the economy because it’s exposing the market is rigged . You can expect to see some very clever knitting by officials to seal it right back up.

[quote]could cost trillions or devastate the economy because it’s exposing the market is rigged

And ruin everyone's 401k and pension plan. Between Social Security being messed up and the market being rigged, we really don't have a chance to retire, do we?

And THIS is the type of thing AOC and Ilhan Omar go after. This is the "radical" progressive left a lot of you assholes attack. This is the kind of thing they want to end - the unchecked greed on Wall Street.

Yet we have complete imbeciles who think they are the left's version of a right-wing caucus of terrorists.

[quote]And THIS is the type of thing AOC

AOC lost all credibility when she claimed Ted Cruz tried to murder her. She is cray-cray on steroids.

R33

Fuck off deplorable white supremacist.

R33 is the type who if a stabbing occurs in Europe will have no problem blaming any Muslim no where near it, yet someone who has actively supported Trump's evil at every turn and enabled the lies about the election, apparently bares no responsibility for the threats of a favorite target of the right for years now. The insurrectionists literally name him.

You're a fucking a idiot, R33

bears*

They're all evil! Where's my $2,000 check?!

[quote] And DL has been one of the rare corners of Internet that the hedgers haven’t bought yet.

Don't be so sure. Expect to see more posts like R27.

Not surprised. All the Robinhood users who filed SEC complaints essentially tattled on themselves. Of course the government is going to side with the hedge funds and crush the little guys.

R37 It will be spent bailing hedge funds out, and you have no recourse to stop it.

Press Secretary Jen Psaki's brother, Jeffrey Psaki, is a Portfolio Manager for Citadel and has worked there since 2017.

This is getting strange.

R41

Yikes

Jen Psaki is a cunt

R41, that's just the coastal upper-middle class milieu - everyone works somewhere connected to something. One's brother can work at Citadel, the other at the SEC, etc.

R44 you’re that easy to dismiss that? Why?

R45, because if you went to the right prep schools, you learn that you can't be super corrupt. It's just something you learn; you understand that there are consequences, you will indeed be found out, etc. You learn the professional world is full of dangers, places where you can do the wrong thing and destroy yourself.

They went to the right prep schools.

OP is a fat, ugly Trump's shit-licking, QAnon Cunt Troll who has been barking about the Biden Administration's failure since day one. Pathetic.

Oh fuck off r47. People like you who think of political parties as football teams that must be rooted for or against in all things are so tiresome.

This is purely swamp, and any Republican administration would be doing the exact same thing. The problem with the DC swamp is that it’s immovable.

Well, in my country what they did is totally illegal so i can't call that a totalitarian move

They’re trying to shade and posture it as illegal but in a way wealthy people can still do it.

R49 The trades they made are legal here, and matching Reddit comments with stock trades with the intent of charging people with crimes is unheard of here.

R45, because this is how white people keep people out of power for all their talk of “equality.” To distract us from the status quo.

R47 is an obvious PR flack.