closeupready replied to the topic Bed Bath & Beyond, AMC rally with GameStop as little investors squeeze hedge funds in more stocks in the forum General Discussion 6 hours ago
Even though they almost certainly knew this risk was part of what they were doing. Someone who knows better, please correct me if I’m wrong.
closeupready replied to the topic Waking from a Four-Year Fever Dream to Find US Global Power Gone in the forum General Discussion 6 hours ago
When empires decline and fall, they seldom collapse in the sort of sudden apocalypse portrayed in a monumental series of paintings entitled “The Course of Empire” by another denizen of the Catskill Mountains, the renowned artist Thomas Cole. His 1836 painting in that series, now appropriately enough hung at the Smithsonian Museum in Was…
closeupready replied to the topic What the new dynamic between Redditors and Wall Street reveals about the stock market in 2021 in the forum General Discussion 9 hours ago
If I’ve got this correct, it seems like the perilous deadline for hedge funds who are shorting GME is on Friday, is that correct? Options are expiring then, or something? I don’t understand options or how they are exercised, to be honest.
I probably shouldn’t have said the Ottoman’s because I don’t honestly know much more than that about how their subjects felt about them as rulers.
But I can stand solidly behind the other examples.
in the USSR. Or the Ottoman Empire. Or the British Empire of which America was once part.
Empire works for the 1%, NOT for the 99%. It has always been this way.
But have no doubt: when Washington’s global dominion finally ends, there will be painful daily reminders of what such a loss of power means for Americans in every walk of life. As a h…
closeupready replied to the topic What the new dynamic between Redditors and Wall Street reveals about the stock market in 2021 in the forum General Discussion 11 hours ago
There are CNBC/Bloomberg news segments on Youtube that explain that the rise of “retail trading” (i.e., Robin Hood or Charles Schwab investors) led to the downfall of Wall Street trading which – at one time – formed a significant part of revenue for Wall Street banks. Calling Morgan Stanley and placing an order used to cost a fee (whatever it…[Read more]
closeupready replied to the topic GameStop soars nearly 70%, trading briefly halted amid epic short squeeze (#1 shorted stock) in the forum General Discussion 1 day ago
GME has been popular on Robin Hood, but I don’t usually watch it, though in light of this short-squeeze development, I’ve looked at it every couple days. I just looked at it now after reading your post.
LOL! More than doubled … it almost tripled, when considering post-market trading. That is, it closed at about $87/share yesterday, and…[Read more]
Though I agree with your points 1 through 3. Cheers.
I mean, he has a gig with Rolling Stone, and bestselling books, and gets called on as a liberal pundit by mainstream media programs.
I like a lot of his views on stuff that we have gotten wrong, but the idea that the debt itself isn’t the big problem is an idea that comes from a place of privilege.
The outstanding student debt of $1.6…[Read more]
While I think public service should be something everyone should do and cherish, there should be no technical obligation to do it in exchange for getting a higher education.
closeupready replied to the topic Biden Urged to Fire Entire Postal Service Board for Complicity in 'Devastating Arson' by Trump and DeJoy in the forum General Discussion 1 day ago
I’m done with it. I opt to get paperless bills via email. But yeah, they have a responsibility to do a job in exchange for a paycheck and a pension.
closeupready replied to the topic #ByeDone & the Dems in General are so F*cking Pathetic in the forum General Discussion 1 day ago
I mean, it’s mostly on Biden, of course, but it’s also on Sirota and Bernie and AOC – because none of them needs or will get a $2,000 check to help with the rent. They are ALL multi-millionaires, or in AOC’s case, she gets that her path to personal riches lies in corruption, and the only thing barring her way is herself, if she chooses to do the…[Read more]
closeupready replied to the topic For the Corporate Press, It’s All the Spin That’s Fit to Print ~Sirota in the forum General Discussion 1 day ago
If he scores a point for genuine democracy, great, but I will have to find out about it from someone posting it here or maybe on Jimmy Dore or Glenn Greenwald would write a column about it, because I would NEVER follow what someone like Sirota says or thinks.
Because the topic concerns Democrats, not Ivy League students.
So then let me ask you to answer the question, Ohio, how stupid are the Democrats?
My point was, they aren’t stupid or spineless or any other of the usual excuses Vichy dems and their sycophants bring up when the question is asked, “how can they be so stupid?” To the contrary,…[Read more]
99% are millionaires. If they are stupid, tell me how they got rich.
By virtue of the power of the US, their federal seats are some of the most powerful, lucrative jobs on Earth. They work a part-time year. They enjoy 4-star, gold-plated health care. They command $75,000 per hour (for the most junior members) and up for merely making a speech…[Read more]
I sometimes do a sort of Socratic line of questioning, not only to get specifics, but to get everyone thinking more about … stuff. 🙂
Was going to go off on a tangential discussion about FATCA, but I’ll save it for another time.
closeupready replied to the topic Trump needs 'a lot of cash quickly befre his assets are seized in the forum General Discussion 2 days ago
hold off on collecting for a while. He might even get a gig on Fox or something.
It’s a small club, and you and I ain’t in it.
Why can’t things go on like this, and even accelerate? Things ARE going on like this. And there are plenty of examples in history of rich countries turning poor, middle classes disappearing entirely. If they can take it all, they WILL take it all. Nothing is currently stopping them from doing that. Certainly not empathy or ethics.
On a side…[Read more]
If the purpose of federal taxation is to give a national currency value, then that’s all North Korea would need to do – raise taxes.
Asking this question honestly. If you can help me understand your point, I’d appreciate it, because there’s a part of your argument that sounds Pizzagate-ish. That is, “I don’t HAVE to make sense because IT’S ALL…[Read more]
Not even kidding on that, sadly.
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