7 ms·
People have had enough, it's not just WSB anymore. The community of retail investors in GME is far beyond WSB. It's people that are frustrated with the 1% getti
by Beefin 6y ago
People have had enough, it's not just WSB anymore. The community of retail investors in GME is far beyond WSB. It's people that are frustrated with the 1% getting bailed out time and time again and them not seeing a dime at their tax dollar expense.
- willis936 6y agoOccupy Wall Street was just 10 years ago. It was the longest demonstration in a lifetime. Nothing changed. How did nothing change? What message does this send?
- swiley 6y agoThe reason nothing changed with OWS is because they couldn't voice a clear message. Everyone knows they're being defrauded but the fraud is complex and difficult to communicate so instead you have this disorganized protest that amounts to very little change.
- willis936 6y agoTax the rich. Distribute the wealth that was stolen from the backs of the workers. It wasn’t said clearly because we were living in a post 9/11 era where uttering words like “socialism” was still unpopular. Enough is enough. The only thing keeping the guillotines from coming out is a thriving middle class. Oh wait, that’s been stolen. It badly needs fixing and fast.
- deleted 6y ago[deleted]
- tiborsaas 6y agoInvesting in stocks/crypto for average people with little to zero experience was not nearly as simple as today compared to 10 years ago.
- luxuryballs 6y agoThat sitting around playing drums and smoking doesn’t accomplish anything productive.
- willis936 6y agoThat’s called being civil. Would you prefer they instead break the law to have their voices heard? Do you want wall street suits to fear for their life?
- minikites 6y ago>Do you want wall street suits to fear for their life? Ideally yes, the rest of us are a missed paycheck or major health problem away from becoming homeless and there's no mathematical reason it has to be this way, it's just how we've structured our society.
- djbebs 6y agoAnd now you see the necessity of violence to advance political goals.
- willis936 6y agoI’ll see it only after a liberal party controls the executive and legislative branch in the absence of a filibuster failing to implement meaningful change.
- 6y ago
- leetcrew 6y ago> How did nothing change? What message does this send? nothing changed because camping out in a park for a few months without making any actionable, specific demands as a group is not a good tactic for effecting change. BLM was a bit more specific with their demands and have already received a few (if token) concessions.
- Clubber 6y agoThe only way things will change, I'm convinced, is for everybody to vote out the incumbent every time. Occupy Wall Street didn't work, riots and looting wealthy areas didn't work, raiding the capitol building didn't work. The corruption is dug in. Voting out the incumbent breaks all these decades long (multi-generational?) relationships with the elites. They will probably reform the relationships to a degree the first time, but if congressional membership dramatically changes every 2 years, those relationships will weaken over time. To whomever disagrees, please help me understand your reasoning.
- pjc50 6y agoThe lesson from Trump is that blindly going against the incumbent may simply replace them with somebody less competent and more corrupt.
- Clubber 6y agoSo then we just have to live with a police state and a corrupt government that redistributes wealth up? I mean I don't see an alternative. We're in a really bad place.
- dna_polymerase 6y agoI too hold money at a stock brokerage just in case a revolution starts.
- ghaff 6y agoSo they're going to show Wall Street who's boss by gambling away their grocery money? (Some will make out but I suspect the vast majority will lose big--money at least some can't really afford to lose.) I have trouble conjuring up a lot of sympathy but that's almost certainly uncharitable as I'm sure there will be stories of serious individual loss.
- ryandward 6y agoNobody is gambling money away. The sentiment is that they are knowingly _throwing_ it away to send a message.
- duxup 6y agoAre we talking about cutting your own nose off to spite someone else's face?
- dx87 6y agoIs that any different to taking a day off work to go to a protest? Both situations have you losing money in order to bring issues to light. Same with union workers going on strike.
- duxup 6y agoExcept if I were to protest it is focused on that one employer / hits them. Meanwhile this financial system is hardly just a monolithic monster and plenty of big institutions will make money too. I think the populist ideas / results around this are all weirdly misguided.
- antoniuschan99 6y agoCitron mainly is one focus for sure. I'm sure someone knows why Melvin Capital is targeted.
- fairity 6y ago