What has been demonstrated by the mods of that subreddit is a pattern of persistent censorship...
Deserves repeating...
The fact the mods there don't set-up a Lemmy instance and ban the use of the word "Lemmy" tells you/us all we need to know.
@lemmy.whynotdrs.org
What has been demonstrated by the mods of that subreddit is a pattern of persistent censorship...
Deserves repeating...
The fact the mods there don't set-up a Lemmy instance and ban the use of the word "Lemmy" tells you/us all we need to know.
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.
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/...
INFLATION IS YOUR FAULT If people are so mad about high prices, why do they keep buying so many expensive things?
By Annie Lowrey
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.
Well, while there may be some truth to that, the unadulterated larger truth of the matter is that the world-wide Wall Street network and regime is - without a fucking doubt - a far bigger and more powerful cult with mantras of "greed is good!" and "pull yourself up by your bootstraps, kiddo!"
The amount of power and money and propaganda associated with the Wall Street regime and network is more than any other in the entire history of humankind.
That you mock and ~chastise people who are working against (which is, again, the larger truth of the matter) is telling of your basic character and education... and quite disappointing. My guess is your grandparents would be ashamed of your behaviour.
The facts of the matter are:
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)
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)
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)
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.
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.
The sheer fact of the matter is that the larger Wall Street network is undoubtedly corrupted and there are loopholes among loopholes among loopholes made possible through both lobbying power and sheer human imperfection in crafting regulation.
That which is the GameStop shareholder collective, as it were, have educated many of themselves and others during the process. One such educational aspect being: if someone holds shares/stocks with a broker, they - unequivocally - do not actually own those shares. As such, those shares can and. very, very, very likely are and will be used in such a fashion as to, ostensibly, siphon wealth from holders in convoluted and, even, simple functions of the market.
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.
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."
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.
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.
Not sure, exactly. One mod said it's too buggy, basically. Though, considering how much they complain about the big Reddit Mods and so on and so forth and talk a big game when it comes to transparency and so on, it's 100% reasonable, as well as entirely prudent and important - even vital - to have a (more) decentralized (you know, "web3" -esque), federated platform to discuss the whole GameStop thing.
The fact that they censor the word "Lemmy" and other hinting towards it from anyone tells you everything you need to know.
thanks for using Leebra!
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