Freedom Of Speech. The First Amendment For A Reason.
The stock market is nothing but a casino for the predator class 1%!
Quote from RedHatPirate on May 20, 2024, 11:02 pmThe elites, and I'm talking about the billionaire class and hedge funds that truly rule the world, use the stock market as their own private casino. All they care about is beating each other. It really doesn't matter to them if they win or lose, it's a game. When Buffett loses half a billion in an afternoon, he probably laughs and congratulates whoever beat him on the trade. But who's money is he really gambling with. Surely he doesn't have a vault with 137 billion in it, so where does that money come from? It comes from millions of American's pensions. Is comes from servicemembers retirements. Teachers 401K. When the stock market crashes this year (and it will), what happens to the value of your retirement fund? It just poof, vanishes? No. Wake up. Where does that value go? Its a system designed to steal hard working peoples money, and it works perfectly. When you buy a share of a company, do you think you own it? Its an IOU from Cede and co. They own it all man. Its simply a vessel to transfer wealth from the poor to the rich.
The elites, and I'm talking about the billionaire class and hedge funds that truly rule the world, use the stock market as their own private casino. All they care about is beating each other. It really doesn't matter to them if they win or lose, it's a game. When Buffett loses half a billion in an afternoon, he probably laughs and congratulates whoever beat him on the trade. But who's money is he really gambling with. Surely he doesn't have a vault with 137 billion in it, so where does that money come from? It comes from millions of American's pensions. Is comes from servicemembers retirements. Teachers 401K. When the stock market crashes this year (and it will), what happens to the value of your retirement fund? It just poof, vanishes? No. Wake up. Where does that value go? Its a system designed to steal hard working peoples money, and it works perfectly. When you buy a share of a company, do you think you own it? Its an IOU from Cede and co. They own it all man. Its simply a vessel to transfer wealth from the poor to the rich.
Quote from Nick on May 20, 2024, 11:05 pmThis is why I keep all my money in gold, silver and weed. lol I agree, the average person can never beat the market and the average person will get poorer and poorer until we are all slaves.
This is why I keep all my money in gold, silver and weed. lol I agree, the average person can never beat the market and the average person will get poorer and poorer until we are all slaves.
Quote from RedHatPirate on May 20, 2024, 11:10 pmWe already are, but not for the reasons you think.
We already are, but not for the reasons you think.
Quote from P Ditto on May 21, 2024, 8:33 amOur church just lost money in an investment. Luckily we didn't put too much money in there, but a member told us to buy Gamestop when it was at 48.00 a share, and that the banks were going to have to buy it back at a really high price. But now it's way down and I don't think it's coming back. We only lost 2000.00, but there's definitely something going on. Our church board is not happy with all of us that were in favor of the investment.
Our church just lost money in an investment. Luckily we didn't put too much money in there, but a member told us to buy Gamestop when it was at 48.00 a share, and that the banks were going to have to buy it back at a really high price. But now it's way down and I don't think it's coming back. We only lost 2000.00, but there's definitely something going on. Our church board is not happy with all of us that were in favor of the investment.
Quote from RedHatPirate on May 21, 2024, 9:02 amThey should have been forced to. They changes the rules of the game, and the SEC turned a blind eye.
They should have been forced to. They changes the rules of the game, and the SEC turned a blind eye.