11 karma · joined May 5, 2012
The big guys know all this, only they were hoping to short, make a profit, and then reinvest down the road when things picked back up, making even more money. WSB just capitalized on their strategy and now that they are losing, they are throwing a fit.
Does anyone know the law well enough to know if this is indeed a violation of any statutes?
They have manipulated markets through various institutions and making knowledge so hard to come by without going into massive debt in order to maintain their elevated status.
In their arrogance though, they thought they could reverse the trend of the democratization of their power to the masses, and have literally tried to move heaven and earth in order to remain in power and reverse the trend.
My curious position is I think they are realizing that the trend is irreversible, that power eventually will always diffuse to the masses eventually as no system is perfect, there will always be leaky abstractions, and I have no doubt they have a nuclear option in their back pockets to try and quell the massive shift of power that seems inevitable at this point. Question is, what is that nuclear option?
Women who choose to wear hijabs aren't without consequences even in western societies because they have social reprocusions levied against them if the don't wear hijabs. It isn't like they are truly free to make that decision.