WE LIVE IN A CORRUPT FINANCIAL SYSTEM
BACKED BY A COMPLICIT GOVERNMENT
After watching two self righteous billionaire assholes complain about how unfair the #GME short squeeze is, I was reminded of this scene from the Big Short.
BACKED BY A COMPLICIT GOVERNMENT
After watching two self righteous billionaire assholes complain about how unfair the #GME short squeeze is, I was reminded of this scene from the Big Short.
https://twitter.com/joelkatz/status/1354866773103759360
As @JoelKatz tweeted,☝️Leon Cooperman was on discussing how, under normal circumstances, the smart money is on the big time short sellers because of how knowledgeable they must be before going short on a company as opposed to us mere individual speculators. Just when I thought
no one could be any more pompous or arrogant, the Chairman of Interactive Brokers, Thomas Peterffy, was interviewed as to why @IBKR cut off individual traders from buying #GME, #AMC and other stocks. This pompous jerk actually said "We froze the ability to buy these stocks for
now because they should only buy stocks because they think the companies are doing well." He said that GME is worth no more than $17 and its ridiculous to be over $200. He claimed that they had to protect themselves from potentially unlimited losses. He will ALLOW those stocks to
be purchased again when the market is back to normal and at prices the stocks should be. When I thought that I couldn’t get any more pissed off, I read this tweet from @biancoresearch about Peterffy’s appearance on Bloomberg. The REGULATORS agree with the BROKERS?
https://twitter.com/biancoresearch/status/1354893124410216449
Are you f***g kidding me? There is only one regulating body he could be talking about - the @SEC_News! @HesterPeirce if the Peterffys of the world are protecting the hedge funds, and the SEC agrees with them, whose looking out for us? That’s why we choose DeFi and Crypto!
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