9
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Fraudulent system. (lemmy.whynotdrs.org)
583
15
8
12
9
Buying a house (lemmy.whynotdrs.org)
578
15
[-] MozooZ@lemmy.whynotdrs.org 11 points 11 months ago

A network and regime such as "Wall Street" is most definitely not historically or contemporarily known to commit crimes. They defintiely aren't habitual offenders. No way.

/s just in case.

11
  1. Real fine$ for FTDs [NO "margin call" waivers at NSCC's whim]
  2. Mandatory Buy-In
  3. If Buy-In fails, raise offer$ until it closes
  4. Suspend & close accounts of brokers who FTD
  5. Create criminal law for BDs who harm #HouseholdInvestors
  6. Give power back to states @NASAA
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(if you don't have an X account, this is a silly photoshop of the GTA VI trailer with an airplane flying a banner that reads "KEN GRIFFIN LIED")

It's true, though, ya know. Ken Griffin did -- in mother fucking fact -- lie to Congress and the American and World people.

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Not so smurt (lemmy.whynotdrs.org)
[-] MozooZ@lemmy.whynotdrs.org 15 points 11 months ago* (last edited 11 months ago)

I'm pretty sure all of those are real headlines (came across a completely 'shopped NYT headline and writer on X lately - take this as a reminder!) - the last one is real, at least: https://www.theatlantic.com/ideas/archive/2023/12/inflation-prices-buying-habits/676191/

INFLATION IS YOUR FAULT If people are so mad about high prices, why do they keep buying so many expensive things?

By Annie Lowrey

[-] MozooZ@lemmy.whynotdrs.org 11 points 11 months ago* (last edited 11 months ago)

Ugh, man, I know how you feel and don't necessarily disagree. Bit annoying.

When it comes to this, though, from a historical standpoint and more contemporary standpoint, "Wall Street" has most definitely proven to be filled with individuals and organizations, very possible literal psychopaths in aggregate - who are able to lobby government and propagandize on levels humanity has never seen before. There's never been more money (and power and influence) in fewer hands than right now within the larger Wall Street complex.

This post doesn't do a very good job at making it clear the point: which is if you/your family/friends/etc... hold stocks or retirement funds with a brokerage/retirement fund - those shares are not, unequivocally, in your own name and you do not own them. Full stop.

It's what's known as "street name" ownership: https://www.sec.gov/answers/street.htm which results in gaping loopholes making theft and fraud extremely easy for those interested in that sort of thing.

[-] MozooZ@lemmy.whynotdrs.org 15 points 11 months ago

Notice the last two points from the Reddit TOS and how that relates to this issue.

[-] MozooZ@lemmy.whynotdrs.org 15 points 1 year ago* (last edited 1 year ago)

Fwiw, the OP of that post is, from my experience, very interested in seeing this community and WhyDRS.org and DRSGME.org succeed. As well, they have legitimate issue with Superstonk decay, though are level-headed and diplomatic.

[-] MozooZ@lemmy.whynotdrs.org 10 points 1 year ago* (last edited 1 year ago)

While I do certainly agree there's something to be said for your perspective on terms of "cult," if we're being intellectually honest, the same could be said about "regular" and "normal" investors with respect to the larger Wall Street network and regime and the associated power and propaganda.

"Greed is good!" .. "Trickle-down economics, m'boy!" .. "Pull yourself up by your bootstraps!!!!!!"

Not a priori bad, per se, but never before in the history of humankind has there been more power and money and influence concentrated in one place as there is now within what we call "Wall Street."

Forget GameStop!!1!

The sheer fact of the matter is if you or someone you know has stock with a broker (e.g. TD Ameritrade, Fidelity, Robinhood, etc ..) you do not actually own that stock (see #1 from the TL;DR here for multiple citations, including from the SEC, NASDAQ, and FINRA).

Such lack of knowledge - widespread and unknown to the vast majority of people in the planet, though being fundamentally important to (fair, free market) ownership and investing - speaks volumes about the larger issue and issues the people on this Lemmy instance are interested in.

I'd definitely encourage a more open mind, for what that's worth, respectfully speaking.

[-] MozooZ@lemmy.whynotdrs.org 14 points 1 year ago

I've said it before and will say it again (and again): the fact the Superstonk mods don't create a lemmy instance andor talk about lemmy AND make the word "lemmy" auto-bot-deleted tells us everything we need to know.

What a disgrace. What a shame.

[-] MozooZ@lemmy.whynotdrs.org 13 points 1 year ago

Unfortunately reddit and superstonk are completely corrupted.

[-] MozooZ@lemmy.whynotdrs.org 13 points 1 year ago* (last edited 1 year ago)

The facts of the matter are:

  1. If you own stocks with a brokerage (Robinhood, Fidelity, TD Ameritrade, etc...) and/or have a 401k, you - unequivocally - do NOT own that stock . (see here and here and here)

  2. The non-ownership of stocks by “retail” / household investors equates to major, current (i.e. happening right now) fraud and manipulation in the stock market - which itself equates to theft of middle-class and lower-class wealth - and to a large degree, nationality instability and international instability (to put it lightly). (see here and here)

  3. Corporate voting mechanisms (i.e. “vote on company policy changes with shares”) have been rendered completely fraudulent and a sham due to larger Wall Street’s ability to create counterfeit shares and vote with those shares through convoluted loopholes and confidence trickery - equating to Wall Street psychopaths creating policy for the largest companies and one major HOW to “corporations having too much power.” (see here)

  4. Never, in all of human history, has there been more power, money, and influence concentrated in one place as there is on Wall Street right now - and help is needed to bring to light their crimes.

[-] MozooZ@lemmy.whynotdrs.org 12 points 1 year ago* (last edited 1 year ago)

Haha, yep.

There's never before - in all of market history - been more shares of one company directly registered with the Direct Registration System than currently with GME.

More shares of GameStop are directly registered than Microsoft, Amazon, and Apple combined - equating to, arguably, more long-term holders and an investor-base more... invested than any other company in market history. It's truly monumental one way or another.

You should probably forget all about it, though. If you don't want to forget about, https://WhyDRS.org is a good starting point to learn more.

[-] MozooZ@lemmy.whynotdrs.org 14 points 1 year ago

DMing people on reddit will make a big difference.

[-] MozooZ@lemmy.whynotdrs.org 11 points 1 year ago

It will get bigger. (that's what ... he said?)

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MozooZ

joined 1 year ago