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Someone could become US president riding this public sentiment. Let's see if it decays in 4 years...
by 0-_-0 6y ago
Someone could become US president riding this public sentiment. Let's see if it decays in 4 years...
- thinkingemote 6y agoThey could use a catchy slogan like "drain the swamp"...
- chc 6y agoI think there are a couple of other recent presidential hopefuls who centered their messages much more around reducing the structural power of billionaires and large corporations.
- RcouF1uZ4gsC 6y ago> who centered their messages much more around reducing the structural power of billionaires and large corporations. The problem is that there is a segment of the American voters who believe that if the current billionaires and large corporations would quit screwing them, they would become the billionaires and owners of the large corporations. As such they are all for screwing over the current crop of billionaires, but don’t want long lasting reduction in the structural power of billionaires.
- deleted 6y ago[deleted]
- lamontcg 6y agoSir, this is a site run by an investment fund, I'm afraid you've stepped a bit out of line there.
- AWildC182 6y agoThis platform is far from an impartial place. People need to remember the reason this site exists...
- chkaloon 6y agoI've heard it said that Americans all think they are potential millionaires and billionaires that have temporarily hit a down patch. That's why democratic socialism will never fly here except for isolated programs.
- wtfiswiththis 6y agoSir, how dare you discuss taxing money I haven't earned yet and will likely never earn in my lifetime.
- neltnerb 6y ago"Socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires." John Steinbeck
- ryandrake 6y agoReminds me of an article I keep in my bookmarks from a long time ago, which is probably still true today: 39% of Americans think they are in the top 1% or that they will one day be [1]. They don't want to be mean to the rich because they think they are rich or will soon be among them. 1: https://www.nytimes.com/2003/01/12/opinion/the-triumph-of-hope-over-self-interest.html https://www.nytimes.com/2003/01/12/opinion/the-triumph-of-ho...
- AWildC182 6y agoAnd further, nobody outside of the extreme of the extremists actually wants to eliminate the potential for achieving a "wealthy" status. People will always be able to achieve high levels of success. The argument is that we need to pick a point where amassing so much wealth can start to be deemed anti social and start to taper things off there. There is basically nothing you can buy with ten or eleven digits that you can't buy with nine, except entire corporations and countries and absolutely no individual needs that power or the prospect of that power to be fulfilled in life.
- partiallypro 6y agoIf you through Trump was bad, just wait until a competent version shows up
- ghufran_syed 6y agoI expect pompeo or haley to feature prominently in that role in 2024 unless Trump himself screws things up for republicans by trying to make a comeback
- TheOtherHobbes 6y agoAwful as Google is, I'd still trust it more than anything with Mercer's fingerprints on it. (Which is barely at all. But still.) As for 2024 - it is obvious now that the only way the GOP can win another election is by dismantling democracy. There is no chance whatsoever that the GOP can win again without wilfully disenfranchising tens of millions of voters. In spite of the bot mob on Twitter trying to create the impression there's some kind of enraged far right majority agitating for representation, the reality is the numbers just aren't there for a clean win. So that is what is happening now. 2020 is the last chance for the far right, and they know that - which is why they intend to take the shot well before 2024.
- ImprovedSilence 6y ago>> As for 2024 - it is obvious now that the only way the GOP can win another election is by dismantling democracy. I don't think that's true. There are plenty of moderates in the the swing sates that voted for Biden but would be more than willing to jump on the bandwagon for someone who is seen as a moderate conservative and making the right promises. The trick is getting that candidate through the primaries if the scene looks like 2016, where the hard hard right will gather around the one nut job, and the other 5 establishment republicans will be indistinguishable.
- flukus 6y ago> The trick is getting that candidate through the primaries if the scene looks like 2016, After Trumpists, tea partiers and evangelicals it will be interesting to see what happens next. The latter two groups seemed happy to align with trump despite not sharing their core values, maybe the trumpists will stick with whatever the next group is.
- karmasimida 6y ago> could become US president riding this public sentiment It already happened 4 years ago.
- alisonkisk 6y agoThat was the sarcastic joke.
- lostmsu 6y agoMost jokes are half-true here, sadly.
- TeMPOraL 6y agoGiven that 2021 is gearing up to become even weirder than 2020, it wouldn't surprise me if the next president was WallStreetBets' own /u/DeepFuckingValue...
- crawfordcomeaux 6y agoI'd be down for asking someone from WallStreeBets to be my runningmate. Why DeepFuckingValue?
- aallen90 6y agoThat user took a strong position in GME before this all went down, and is still holding.
- ryandrake 6y agoI believe if you go back in the user's posting history, he has posted screenshots of having a position in the stock over more than the past year--before the pandemic even started.
- mrep 6y agoHe is the one that posted the initial GME due diligence (DD) last year. Started with 50k in stocks and options, was valued at 48 million yesterday and 33 today and been posting updates basically everyday recently [0]. He did cash out 13 million yesterday. [0]: https://old.reddit.com/user/DeepFuckingValue https://old.reddit.com/user/DeepFuckingValue
- pixl97 6y agoThings I should have done. 1. Bought bitcoin when it was worthless 2. Followed DFV's footsteps when I watched him go in GME options around a year ago.
- TeMPOraL 6y agoI don't know whether he orchestrated this or it grew out organically, but he's essentially the Jesus of WSB now. Most of what he seems to be doing is holding lots of GME and posting day-by-day updates (he lost some 14 million USD on GME yesterday, but is still millions in the positive) - but that galvanizes the community.
- r00fus 6y agoThe last one who did was great at playing lip service but gave the wealthy & big banks a $1T payout via tax cut. Hopefully this sentiment results in structural change instead.
- Fjolsvith 6y agoScary to think that after four years of solid market gains it could implode because of retail investors getting angry.
- rorykoehler 6y agoIt's imploding because hedge funds are taking crazy risk on and then illegally trying to weasel their way out of the losses they have coming.