Thank you Baker.
"This Is For You, Dad":RedditorShares Heartbreaking Reason For Destroying Short-Sellers In WSB Raids
by Tyler Durden - Friday, Jan 29, 2021 - 12:43
As a new class of activist investors harness the power of crowdsourcing to crush short-sellers betting on the demise of ailing companies, a David vs. Goliath narrative quickly emerged (now with sympathetic billionaires joining the cause).
$1 Mil doesn’t seem enough, I’ll be buying $10 Mil $GME instead tonight from Asia when market opens! It’s time to unite & squeeze out those greedy hedge funds! Wallstreetbets, 4 billion Asian community & 20 mil $TRX community supports u! Let’s do this! 💪🏻@WSBChairman @wsbmod pic.twitter.com/d494a77RNq
— Justin Sun🌞 (@justinsuntron) January 29, 2021
As these retail investors band together over Reddit's 'Wall Street Bets' forum and other platforms to crush hedge funds by triggering short-squeezes - some turning meager savings accounts into six-figure positions - several have shared very personal stories of just why they're doing this.
One such user, a Redditor who goes by the name Space-Peanut, has a very personal reason for tossing their match onto the pyre.
Read below (emphasis ours):
This is for you, Dad.
''I remember when the housing collapse sent a torpedo through my family. My father's concrete company collapsed almost overnight. My father lost his home. My uncle lost his home. I remember my brother helping my father count pocket change on our kitchen table. That was all the money he had left in the world. While this was happening in my home, I saw hedge funders literally drinking champagne as they looked down on the Occupy Wall Street protestors. I will never forget that.
My Father never recovered from that blow. He fell deeper and deeper into alcoholism and exists now as a shell of his former self, waiting for death.''
''This is all the money I have and I'd rather lose it all than give them what they need to destroy me.'' Taking money from me won't hurt me, because i don't value it at all. I'll burn it all down just to spite them.
''This is for you, Dad.''
https://www.zerohedge.com/personal-finance/you-dad-redditor-shares-heartbreaking-reason-destroying-short-sellers-wsb-raids
Chinese Bombers Carried Out "Simulated Attack" On USS Roosevelt Carrier Near Taiwan
by Tyler Durden - Friday, Jan 29, 2021 - 14:12
Tensions spiked in the South China Sea and near Taiwan over this past weekend and have continued boiling since, after Chinese PLA aircraft made repeat in incursions into Taiwan's claimed airspace. In response Taiwan's Air Force scrambled jets in its own 'show of strength' deterrence message, and with the US aircraft carrier USS Roosevelt in the region, China's Defense Ministry subsequently warned Taipei on Thursday that"independence means war".
A new report in FT that broke overnight now reveals that the Sunday incident was even more alarming for the prospect of direct conflict than previously thought. FT cites unnamed intelligence sources to report that "Chinese military aircraft simulated missile attacks on a nearby US aircraft carrier during an incursion into Taiwan’s air defense zone three days after Joe Biden’s inauguration, according to intelligence from the US and its allies."
We earlier noted that on Sunday Taiwan reported a huge PLA aerial incursion for the second straight day, on Sunday counting well over a dozen fighter jets that included six J-10 fighters, four J-16s, two SU-30s, a Y-8 reconnaissance aircraft and two Y-8 anti-submarine aircraft. They were apparently escorting Chinese H-6 long range bombers. "Airborne alert sorties had been tasked, radio warnings issued and air defense missile systems deployed to monitor the activity," Taiwan's defense ministry had said.
The FT report adds more previously unknown context to the incident:
People familiar with intelligence collected by the US and its allies said the bombers and some of the fighter aircraft involved were ''conducting an exercise that used a group of US Navy vessels led by the carrier USS Theodore Roosevelt in the same area as a simulated target.''
Pilots of H-6 bombers ''could be heard in cockpit conversations confirming orders for the simulated targeting and release of anti-ship missiles against the carrier, the people said.''
As the US carrier group observed the inbound Chinese bombers from below, there's little doubt that "fingers were on the trigger" in preparation to respond if all hell broke loose.
Theodore Roosevelt steams into the South China Seahttps://t.co/yI2Wczrj4T pic.twitter.com/hBniTbIQIK
— Navy Times (@NavyTimes) January 26, 2021
An analyst at Taiwan's Institute for National Defense and Security Research cited in the new FT report, Su Tzu-yun, underscored the PLA aircraft are precisely capable of delivering devastating anti-ship missiles.
"The Su-30 [fighters] can carry Kh-31 anti-ship missiles, and the H-6 bombers and J-16 fighters can both carry YJ anti-ship missiles," said the analyst.
"All three aircraft are clearly a display of threat against surface ships," he added.
There's also little doubt that President Biden has been briefed, and the incident will prove an immense hurdle when it comes to the administration's expressed hopes of improving relations with China following Trump's long-running pressure campaign against Beijing.
This is quite possibly the biggest single act of escalation to date, despite multiple "close calls" and encounters over the past two years in the South China Sea.
https://www.zerohedge.com/geopolitical/chinese-bombers-carried-out-simulated-attack-uss-roosevelt-carrier-south-china-sea
Democrats Introduce Bill To 'Massively Expand' Mail-In Voting
by Tyler Durden - Friday, Jan 29, 2021 - 14:30
Authored by Tom Ozimek via The Epoch Times (emphasis ours),
Democrat lawmakers on Thursday introduced a bill dubbed the “Vote at Home Act,” which seeks to “massively expand vote-at-home ballot access,” enacting automatic voter registration and providing voters with pre-paid ballot envelopes.
Sen. Ron Wyden (D-Ore.) and Rep. Earl Blumenauer (D-Ore.) introduced the bill (pdf), saying in a press release that the legislation is meant to “fight voter suppression.”
“Our democracy is stronger when every American can vote, without standing in ridiculous lines or having to take time off work or school to exercise their Constitutional rights,” Wyden said in a statement.
The initiative stands in contrast to a bill introduced by Republicans several weeks ago, which seeks to tighten voter registration verifications and narrow rules for when and how mail-in ballots can be accepted, in a bid to strengthen the integrity of federal elections.
The Democrat lawmakers said the introduction of the bill was encouraged by what they described as “the successful expansion of voting at home and by mail in the November 2020 election,” in which almost 50 percent of voters cast ballots by mail, a record high in federal races.
“Last year we saw a widespread expansion of vote-at-home access as a safe and secure way to participate during the COVID-19 pandemic,” Blumenauer said in a statement. “We should continue to make voting easier, not harder. This important bill would strengthen and clarify the right to vote at home, the most secure and convenient way for voters to exercise the franchise.”
Critics of expanding vote-by-mail initiatives have warned of the increased potential for voter fraud, allegations of which were front and center in the contested presidential election, with President Donald Trump, members of his legal team, and supporters, making numerous claims that amounted to the charge that the election was stolen.
Peter Navarro, who served as an adviser to Trump, concluded in a sweeping report on the integrity of the 2020 election that the allegations of irregularities, including outright voter fraud, were serious enough to warrant an urgent probe and substantial enough to potentially overturn the results.
State election officials, the Justice Department, and others rejected the notion that there was widespread voter fraud in the November election.
The Democrats’ “Vote at Home Act” stipulates a range of actions that would expand vote by mail in federal elections.
“All registered voters would receive ballots in the mail weeks before Election Day, allowing them to carefully research candidates and issues well ahead of Election Day to inform their vote,” the press release states.
The bill would also grant all registered voters nationwide the ability to cast their ballots by mail or at ballot drop boxes. The act also calls for increased funding for the U.S. Postal Service to cover costs associated with processing ballots.
“This would allow states to save money by transitioning away from polling stations and reduce a major barrier for voters with the federal government absorbing the cost associated with USPS delivery,” the press release notes.
Under the provisions of the bill, states would also be required to automatically register voters when they provide identifying information to the state motor vehicle authority. Voters who do not want to remain registered would be given three weeks to opt out.
The House Republican bill, meanwhile, called the “Save Democracy Act,” seeks to create baseline protections against election irregularities and voter fraud during elections.
The GOP initiative seeks to prevent automatic voter registration for federal elections, prohibits states from sending out unrequested absentee ballots, and calls for a ban on using public ballot collection boxes.
Rep. Jim Banks (R-Ind.), said in a press statement, “This bill will restore the public’s trust that their vote is counted and their voice is heard.”
https://www.zerohedge.com/political/democrats-introduce-bill-massively-expand-mail-voting
>thus endeth elections in america.
That is the end game
Nancy Pelosi called called the Capital "The Temple of Democracy"
>50507
>“Our democracy is stronger when every American can vote
The founders warned against "democracy"
We are a Republic
The word "democracy" does not occur even once in
The Declaration Of Independence
The Articles of Confederation
The Constitution Of The United States Of America
"Democracy" is the road to ruin, murder and suicide.
Facebook Bans "Robinhood Stock Traders Group" With 157,000 Members
by Tyler Durden - Friday, Jan 29, 2021 - 15:47
Authored by Paul Joseph Watson via Summit News,
Facebook has banned a group called ‘Robinhood stock traders’ that had 157,000 members, with its founder suggesting the group had been targeted by “major institutions.”
The group has no formal affiliation with the stock trading app of the name same that froze stock purchases for GameStop yesterday, prompting widespread complaints from its users.
The group’s 23-year-old founder Alan Tran told Reuters that the social media giant removed the page citing “adult sexual exploitation,” but provided no further reasoning for the ban.
According to Tran, who also heads up his own investment group, HaiKhuu Trading, bots may have flagged the page because of the use of the term “gain porn,” which is a phrase relating to stock purchases and has no actual sexual connotation.
Earlier this month, the group was also listed as a “dangerous organization,” but this label was subsequently removed by Facebook and the page was restored.
“The major institutions are attempting to silence our community. We are positively impacting people’s lives and they are attacking our group because we are more powerful than them,” Tran wrote in a Facebook post, arguing “there is power in masses.”
Tran has now set up a replacement page, although he expects that to be deleted too, saying Facebook is “not a free platform.”
Earlier this week, a Discord server used by the WallStreetBets community, the Reddit forum responsible for the populist-driven surge in Gamestop stocks, was banned with Discord alleging that it had contained “hate speech.”
As we explain in the video below, Big Tech companies are abusing the “hate speech” label to shut down communications, with many asserting that this is merely an excuse to censor content harmful to hedge fund billionaires.
https://summit.news/2021/01/29/facebook-bans-robinhood-stock-traders-group-with-157000-members/
https://www.zerohedge.com/technology/facebook-bans-robinhood-stock-traders-group-157000-members
Is this in a previousnotable?
Democrats Introduce Bill To 'Massively Expand' Mail-In Voting
https://www.zerohedge.com/political/democrats-introduce-bill-massively-expand-mail-voting
https://www.theepochtimes.com/democrats-introduce-bill-to-massively-expand-mail-in-voting_3676994.html