Stock Market crashes almost 500 points yesterday, "Hello" Democrat Joe...."Hello" sky high unemployment!!! "Hello" Biden/Harris dying economy!!!

[Erik Latranyi]

How naive of FReepers to celebrate this.

First, stock market declines hurt citizens.

Second, the stock market has done well under most Democratic administrations because of all the crony capitalism taking place.

So, celebrating a one-day decline is no different than the ANTIFA crowd celebrating the big drops under Trump (which recovered).

Don’t be as stupid as the leftists.

[Eleutheria5]

I wonder when the double-digit inflation will kick in.

[Oshkalaboomboom]

How would running a stock up - against short selling hedge funds - cause the market to crash?

Because the trading isn't just limited to Gamestop and the trades are coming so fast and furious that they want to call a halt to some of the stocks.

[Psalm 73]

"The nation is moving straight into open revolt."

Excellent synopsis of current events - thanks!

[Psalm 73]

"...but they have lost control and they know it."

Reminds me of the tail end of "Atlas Shrugged".

[Guenevere]

Yep!

[mewzilla]

Can someone please explain to me WTH Deep State suddenly has a mad-on for short sellers?!

[mewzilla]

“I’m as mad as hell, and I’m not going to take this anymore!”

Howard Beale

[bankwalker]

Profitable positions must be unexpectedly liquidated to cover the game stop losses. These positions would normally be held and liquidated according to a planned schedule.

[cba123]

China owns the factories now.

Not Atlas. China.

Lots, and lots of factories which were once American were SOLD TO CHINA.

Atlas is ancient, irrelevant history.

Kaput.

[Alberta's Child]

How would running a stock up - against short selling hedge funds - cause the market to crash?

It makes investors very nervous about holding shares of companies that may have no real value at all.

[kelly4c]

Bkmk

[mewzilla]

Value is relative.

If it weren’t, the stock market couldn’t exist.

This is really about control.

[mewzilla]

It’s not about value.

It’s about who gets to determine value.

If that’s what I wanted, I’d’ve invested with the ChiComs.

[central_va]

Shorting stocks should be illegal IMO. If not illegal then they have to short physical stocks and prove they have the stock in their inventory.

[Alberta's Child]

Whatever. The point is this: When investors read major news stories like this about a frenzied run-up in the price of a stock, they have a natural tendency to question whether the market for that stock — AS WELL AS OTHERS — is about to collapse.

[mewzilla]

I rather think that’s the intention, don’t you?

[sauropod]

Who cares if RINO McCarthy (Backstabber-CA) meets with Trump. He’s as useful as mammaries on a bull.

Didn’t McCarthy throw Trump under the bus after the 6th of Jan? Primary his butt.

Trump shouldn’t bother.

[mewzilla]

Meanwhile, just ran across this...

Biden White House Warns It Won't Allow Questions From Conservative Media

I'm betting FBN won't exist in its current form much longer.

[WWG1WWA]

An excellent summation, DesertRhino.