"We do not have to visit a madhouse to find disordered minds;
our planet is the mental institution of the universe.”
- Johann Wolfgang von Goethe
So, we rise from the rubble...
Sunday, January 31, 2021
"It May Be..."
"It may be when we no longer know what to do, we have
come to our real work,And that when we no longer know
what way to go, we have begun our real journey."
- Wendell Berry
"Nonconformity and the Normalcy Bias"
"Nonconformity and the Normalcy Bias"
By Julian Wash
"Today I would like to return to your awareness an aspect of the Human condition that surrenders to a curious state called “normal.” Normal is a cultivated space, fashioned from how we see ourselves and how we’d like others to see us. It’s a weighted measure, balancing self-appraisal against the opinions and judgment of others. It is a dynamic state, subject to change depending on which way society pulls the levers on public opinion and the laws that govern social order. But most of all, normal is an assumed state of cooperation and expectation.
A scant sixty years ago, in the so-called “Bible belt” region of the Deep South, it was considered “normal” to require African Americans to sit in the back of a bus. One can therefore surmise that it must have taken an “abnormal” few to observe and recognize this as wrong. Those that voiced opposition were labeled sympathizers, resistors, agitators and radicals. And those were the nicer words. Of course now it is normal to honor these nonconformists for their courageous efforts in spear-heading the civil rights movement. So you see, “normal” is anything but what it claims to be.
In the following paragraphs we will reexamine the state of normal to see what purpose it serves, if any at all. What is normal now was not necessarily normal yesterday. And what is normal for you may not be normal for me. At any rate, normal is one of the dumbest terms to ever curse the planet. Normally I would not write on such a topic, but I thought I’d make this special exception. After all, it is normal for me to do the unexpected.
Normal This: That’s what I think of normal. The term is a tool. Those who acquiesce to its narrow and ephemeral parameters might also be considered “tools.” Does one seek normalcy because they desire this brand of conformity? If so, then what is their more noble purpose? Is it to go on mirroring and repeating everything they have been told? This regurgitation is what some might call normal - but I call it being complacent and undiscovered. Surely all people have a novel vibration that they wish to share or at least discover within themselves. So why do they insist on merely towing the line and wearing blinders? One could persuasively argue they have little choice. The normal need to earn a living and bucking the system is not the way to do it. So they play along to get along - and many will surrender their hearts ambition for the lure of a paycheck.
Were you ever given the choice to see the world as you like? Probably not. The world as we know it was engineered into our awareness from the moment we uttered our first words. Sad to think perhaps some will never know the feeling of abnormal. A good conformist would never entertain such dirty thoughts anyway. But on the contrary, to label someone as “normal” strikes me as offensive indeed. Normal tells me that one doesn’t really understand their unique place in this world. There is nothing normal about normal. Normal is a conformity stress that can skew and shape the best of us into docile, compliant and mindless little servants. It’s a dead end. There is no need to explore further once normalcy has been achieved.
Yes, we’re all encouraged to operate within templates of normalcy. We go to school, get married, buy a house and hope for normal kids. We work our normal jobs and attend church and maybe, if we’re lucky, we’ll have the time and means to take up something truly meaningful and normal - like golf. And just as we begin to get the ever-so slightest inkling of this elusive and artificial state called normal, it’s time for us to retire or to check out of this world all together. You see, on the eighteenth hole we may indeed start asking ourselves what sinking that put was really all about. And though one may take delight in saying they played under par, I can’t help but wonder if the ball somehow played the player and not the other way around. But I’ve digressed.
That which we regard as normal is anything but. The “normal” I see takes the form of an elaborate maze cut though a corn field. We’re not allowed to peak over the stalks because then we might realize it’s all just a game. That would ruin it for you and everyone else. And we’re not allowed to shuck an ear because we might realize the corn is too perfect to be in a natural or organic state. There is something profoundly disturbing about that which is too perfect in this land of normal.
Lies Taste Good: The term “normal” follows us everywhere we go. Our doctor might say our lab test results were normal. They might also say our blood pressure is normal. Well those are the words we want to hear. Normal is good. Abnormal is bad, very bad. I was once told I had abnormally high cholesterol levels and that it was likely a “genetic” anomaly. Surely I was a walking heart attack and I was only in my early twenties. Blood thinners were recommended as were statin drugs. A genetic anomaly indeed and so I thought to do some research.
Turns out I had elderly relatives with the same condition. They took nothing for it and yet they were otherwise healthy and in their eighties. And so I chose to take nothing for my condition. My basis for normal was therefore quite different than the medical assessment. I questioned the well-meaning entity with the white coat and germ laden stethoscope. That was not the normal thing for me to do. I did not take his advice. All these years later, I’m so happy I didn’t. The very latest research now shows higher cholesterol might actually be a good indicator, whereas very low cholesterol could be a serious cause for concern. I take zero medications. Is that normal?
The normal person’s modus of operandi is to never challenge the status-quo. Eat lies like they were made of candy. Believe what we are told about JFK, 9/11, GMO’s, flu vaccinations, fluoridated water and a whole host of other yummy little fictions. Do not ask about “false flag” invasions, chemtrails, printed paper currency, or whether the “Federal” Reserve is indeed federal. Ask not these questions. Remain in this insulated cocoon called normalcy and it will protect you. Step outside of normalcy and expect to be mowed down by flag waving, Bible thumping, hypnotized, zombified lynch mobs that would swear to you that they are the normal ones. Yes, they will call you a kook - or worse. After all, that’s what they called Rosa Parks, Dr. King and so many other prominent and benevolent people of great courage and strength. If this is what being a “kook” is all about then count me in. It’s the sort of company I’d like to keep anyway.
Then there’s the normal behavior thing. A schoolteacher might tell the parents of little Johnny or Amy that their child is behaving normally in class and has a healthy and normal attitude. You should be proud. Your child is normal. What! Why would I find this so disturbing? Did the school suck away the defining aspect that made this child unique as an individual? Perhaps I would ask the teacher if they would mind defining what is meant by normal. Then I would ask if Albert Einstein was normal, if perhaps Nikola Tesla was normal, if Mother Teresa was normal, if Mahatma Gandhi was normal, if Leonardo da Vinci was normal… and anyway I think I’ve made my point. So why would I want little Johnny or Amy to be your little normal? No thank you. Class dismissed!
I understand that some may think I’m taking this whole “normal” thing out of context. I assure you I am not. Unlike the more inert and discretionary term of “typical,” normal belies an acceptable assumption of truth or fact. When the Fukushima Daiichi nuclear power plant radiation levels were spiking during the early months of the tsunami disaster, governmental agencies were compelled to redefine what “normal” meant in terms of radiation exposure. Their solution was to simply raise the old level to a much higher one and called it safe. So now people in the Fukushima Prefecture could breathe a deep sigh of relief and relax after being told that radiation levels had been restored to normal. The “typical” readings were way off from where they had been, of course - but “normal” had been redefined to satisfy immediate concerns. Can you see why I don’t care much for that word?
Where Do We Go From Here? There’s a road less traveled that beckons those who seek higher truth. It can be a lonely road indeed. The nonconformist takes the long way home and questions all things along the path. In doing so, they may often feel lost and vulnerable at times. But as their journey continues, they begin to acquire great wisdom. They will question all things synthetic in nature. They will question government and how it controls the masses. They will question organized religion and how it culls the population. They will question education and how is syncopates the minds of children. They will question mass media and its dubious exploitations. So where does the road go from here? Simple. One must remain in a state of knowing. One must continue to question and yet still manage to live their lives with a smile on their face and with love in their heart.
One must allow “normal” people to see you in a proper light. One should be polite and courteous and lend a helping hand. If we are angry and overly-aggressive in our views, we’ll be relegated to that “kook” category of nonconformity. But for those who are highly principled and self-aware, they can usually articulate their views in an open and benevolent manner. Such people live by example. I’m a big fan of civility and the Gandhi-esque manner of peaceful noncompliance, love and tolerance. The most beautiful form of rebellion is to simply fold ones arms and say no. If people of all nations could muster their power and resolve to do this, there would never be another bullet fired upon another. Such a deplorable act would be considered grotesquely insane and absolutely inhuman. So there’s a glimpse of a “real” normal world as I see it. Seems we’ve got a ways to go to get there.
And so to the powers that (think you are) I want to say I am not your “normal” product; I do not believe in your NDAA. I do not believe in your Patriot Act. I do not believe in your torture and preemptive wars. I do not accept this as normal by any definition of the term. And so I say no! And I say it with authority and I say it with conviction. I am one person, but I’m awake and aware and that makes me powerful indeed. I am free to speak my mind and state my cause. I am not your minion. I possess free will and a free mind. I am not ensnared by your tainted vision of a new world order. And as testimony of the Divine, others are now waking from their slumber and are asking questions of a probing nature. I’ve come to this world to know peace - and so I do not accept the guns you hide behind your velvet curtains of deception.
Final Thought: I’m unable to digest this non-organic meatball called normal, so don’t wave it in front of me. What in the heck is rolled up in it anyway? One should think twice before putting that in their body. It pretends to be something it’s not. So what’s it all about? I sense that people have a hunch that they’ve been repeatedly lied to for a very long time. But try as they might, most just can’t quite get a grip on it. Meanwhile, the PTB keep throwing everything they’ve got at us with the hope of keeping us in some kind of a normalizing, mind swept stupor. But why?
There are many who are feeling fearful or panicky for no obvious reason. Chronic fear turns into anxiety. Anxiety may turn into depression. Depression often turns into a doctor’s visit. The doctor’s visit turns into a prescription for an antidepressant. The antidepressant appears to help but soon more is needed. The doctor prescribes a second antidepressant to be taken along with the other. Soon additional meds are sought and delivered. They are “needed” so that one can deal with their depression along with a whole host of other medical issues that seem to be cropping up. Soon one can find themselves quite dependent on that normal person in the white coat who knows better than we do.
But here is what I have found to be true. It is not entirely correct to call it “their” depression. It is “our” depression. If our brothers and sisters are feeling depressed for no apparent reason, then I might suggest we reexamine what is called normal. Society is a seriously flawed, screwed-up, sad state of affairs that tries to pass itself off as normal. We consistently attempt to attune ourselves with this “normalized” societal standard because we’ve been trained to do so. But this creates an asymmetrical tension that can spawn a boat-load of psychological incongruities within - a sort of internal tug-of-war between what we know to be right and what society dictates as normal. So how does one manage this? Well, we can try taking the long way home.”
Supertramp, "Take The Long Way Home"
"What Are The Facts?"
“What are the facts? Again and again and again – what are the facts? Shun wishful thinking, ignore divine revelation, forget what “the stars foretell,” avoid opinion, care not what the neighbors think, never mind the un-guessable “verdict of history” – what are the facts, and to how many decimal places? You pilot always into an unknown future; facts are your single clue. Get the facts!”
- Robert A. Heinlein
“It seems to me what is called for is an exquisite balance between two conflicting needs: the most skeptical scrutiny of all hypotheses that are served up to us and at the same time a great openness to new ideas. If you are only skeptical, then no new ideas make it through to you. On the other hand, if you are open to the point of gullibility and have not an ounce of skeptical sense in you, then you cannot distinguish the useful ideas from the worthless ones.”
- Carl Sagan
And always remember...
"When you have eliminated the impossible, whatever remains,
however improbable, must be the truth."
- Sir Arthur Conan Doyle, "Sherlock Holmes"
"The Stock Market, Fatally Wounded By The Truth, Will Stumble And Crash"
"The Stock Market, Fatally Wounded By The Truth,
Will Stumble And Crash"
by Charles Hugh Smith
"The stock market has just been punctured by the thin blades of truth. It is fatally wounded but nobody dares notice. The wounds are barely visible, but the internal damage is mortal. The stock market is already stumbling and will soon crash.
The banquet's participants ignore the faltering market because the rules are we never reveal the truth, or acknowledge it, or discuss it, no matter how obvious, because truth is fatal to fraud. So the stock market's vital signs are in free-fall but the conversation remains upbeat and light: stimulus, rapid growth in the second half, etc., all the patter of a carefully constructed illusion that fraud is forever as long as the truth never comes out.
Alas, the truth has emerged from the shadows, despite the silence of the insiders and the financial media. Here are the truths that have emerged like karmic genies:
1. The stock market is nothing but one giant fraud. The entire market is corrupt and rigged from the ground up. The fraud is systemic, designed into every tendril of the market. It was a useful deception to blame it all on "bad players," but now the truth has been revealed: the market is nothing but a rigged game enriching insiders.
2. The Fed is a fraud. All the Federal Reserve has accomplished in 13 years of goosing the stock market is unprecedented wealth and income inequality as the fraud of the Fed has boosted the fraud of the market, which has fatally undermined America's social and economic orders. Please read this short paragraph and let it sink in. Monopoly Versus Democracy (Foreign Affairs): "Ten percent of Americans now control 97 percent of all capital income in the country. Nearly half of the new income generated since the global financial crisis of 2008 has gone to the wealthiest one percent of U.S. citizens. The richest three Americans collectively have more wealth than the poorest 160 million Americans."
Thanks to the tightly bound frauds of the Fed and markets, the bottom 90% of Americans own essentially zero capital that produces income and the vast majority of all income gains since 2008 has been siphoned off by the top 0.1% Three monopolists own more wealth than half the nation's citizens. Yet the fraudsters in the Fed laughably insist their policies haven't created inequality on such a vast scale that is has destabilized the nation. The Fed's credibility is zero, yet the financial media tiptoes around, proclaiming the glory of the Emperor's illusory clothing.
3. America's system of governance is a fraud. What can we say when powerful politicians are worth over $100 million and are active participants in the most speculative excesses of the stock market, Buying More Than $1 Million In Tesla, Disney And Apple Calls In December? Do we even need to ask where their interests lie?
What can we say about a regulatory system that immediately bails out the most corrupt and destructive financiers/speculators but stands aside when the public loses trillions of dollars? The financial regulatory system is a complete fraud, devoted to bailing out the biggest insiders while ignoring the losses of the bottom 99.9%. America's financial regulations protect the corrupt, not the citizenry.
4. The wealth effect is a fraud. The Fed's entire fraudulent policy holds that if the stock market is goosed higher by Fed rigging, the phantom wealth handed to the top 0.1% will magically trickle down and benefit the bottom 90% who own no productive capital.
There is no magic; the wealth effect is a fraud. If one $5 stock (GameStop) can be pushed up to $400 in a week, why not push every $5 stock to $400? This is the essence of the wealth effect: all capital is phantom capital, a fraud balloon awaiting a pin.
The wealth effect failed, the Fed failed, regulations failed, politics failed. But thanks to the Fed and the self-serving political class, the entire U.S. economy is now utterly dependent on this completely corrupt and destabilizing fraud - the stock market. If the stock market stumbles and collapses, the economy - now totally dependent on phantom capital - also stumbles and collapses.
It didn't have to be this way, but this is the reality we must now face: truth is fatal to fraud, and our entire financial-political system is a fraud. The stock market is pale, and blood is seeping through the tuxedo, but the insiders, politicos and their toadies and apologists are nervously averting their gaze.
The market's bleeding but it can't possibly die, can it? Yes it can, and yes it will: truth is fatal to fraud, and the truth has escaped and is now free. We can't unsee what's behind the curtain."
○
An essential must read:
"Hoist with his own petard " is a phrase from a speech in William Shakespeare's play "Hamlet" that has become proverbial. The phrase's meaning is literally that a bomb-maker is blown up ("hoist" off the ground) by his own bomb (a "petard" is a small explosive device), and indicates an ironic reversal, or poetic justice."
○"Here's the problem: the short squeeze led to massive losses for some funds. It may or may not be over. But now come the redemption requests and funds will see billions cash out, forcing them to liquidate top longs."
○
This may prove interesting, even amusing, as events develop:
CNN Fear And Greed Index:
"GameStop Short Squeeze Explained - Jeff Carlson: Why Govt Shouldn’t Step In - Epoch Times"
The sanctimonius hypocrisy is astounding,
considering this is what THEY do every day, all day long!
"Stipendium peccati mors est..."
○
"GameStop Short Squeeze Explained - Jeff Carlson:
Why Govt Shouldn’t Step In - Epoch Times"
by Jan Jekielek
"Recently, small investors organized online to buy large amounts of GameStop stock and caused billions in losses to Wall Street hedge funds looking to short that stock and benefit from its declining price. GameStop had been sinking for years. But in January of this year, prices soared to over $300 a share. On January 28, the online stock trading platform, Robinhood, suspended all GameStop buying activities, crashing the price. Investors accused Robinhood of manipulating the market in favor of hedge funds, and a class-action lawsuit was filed. But this is just the surface. To understand what’s really going on, we sit down with Epoch Times contributor Jeff Carlson. He’s worked for 20 years as an analyst and portfolio manager in the high yield bond market. At the center of the Gamestop controversy is one key question: who gets to decide the value of a company?"
○
Related:
Physical Silver Shortage" "This is a red pill moment for many, and it's beautiful."
"Always Preparing..."
"We do not rest satisfied with the present. We anticipate the future as too slow in coming, as if in order to hasten its course; or we recall the past, to stop its too rapid flight. So imprudent are we that we wander in the times which are not ours, and do not think of the only one which belongs to us; and so idle are we that we dream of those times which are no more, and thoughtlessly overlook that which alone exists. For the present is generally painful to us. We conceal it from our sight, because it troubles us; and if it be delightful to us, we regret to see it pass away. We try to sustain it by the future, and think of arranging matters which are not in our power, for a time which we have no certainty of reaching. Let each one examine his thoughts, and he will find them all occupied with the past and the future. We scarcely ever think of the present; and if we think of it, it is only to take light from it to arrange the future. The present is never our end. The past and the present are our means; the future alone is our end. So we never live, but we hope to live; and, as we are always preparing to be happy, it is inevitable we should never be so."
- Blaise Pascal
○
“6 Steps to Release Your Fear and Feel Peaceful”
“6 Steps to Release Your Fear and Feel Peaceful”
by Nicolas Perrin
“We are not what we know but what we are willing to learn.”
~ Mary Catherine Bateson
~ Mary Catherine Bateson
“It was a balmy spring morning and I started my day as per usual, but I soon realized that my mind was entertaining fearful thoughts about my financial insecurity. With many new ventures within the seedling stage, my income flow was erratic and unpredictable, while my financial responsibilities were consistent and guaranteed. At the time I ignored these thoughts as “petty,” like a parent dismissing a crying child after a mild fall on the pavement.
What I didn’t realize was that my mind wanted to entertain these fear-based thoughts like a Hollywood blockbuster, and as you may know, what you focus on expands. Before I knew it, my body was in a state of complete anxiety and fear. I literally felt my cognitive and creative centers shutting down. I felt completely powerless, a hostage to my own mind. My body felt paralyzed, and I felt disconnected from my talents and gifts. I felt separate, isolated, and vulnerable. I became a victim of the fear. In this moment I realized the powerful impact thoughts can have on how we feel, mentally and physically. Here is what unfolded through me, and the lessons I treasured from this experience.
Fear is a closed energy, referred to as inverted faith. Fear exists when we do not trust our connection to the infinite part of who we are and buy into a story about what’s unfolding in our life. The emotions we feel are created from the thoughts that we choose to focus on, consciously or unconsciously. The emotions act as markers to let us know if we are focusing on expansive, empowering thoughts or fearful, limiting thoughts.
If I were to relate this in a story, it may be like a pilot believing he no longer had any guidance or support from the airport control tower in a large storm, and no instruments on board to detect if he was on a collision course with another airplane. If the control tower represents the infinite part of who we are, which always knows what’s best for us, it can be understandable why the pilot with no other guidance except for his own eye sight would be fearful of the situation at hand. An alarm on the plane beeping at the pilot would represent the emotions. The alarm’s purpose is to get the attention of the pilot so he can focus and realize he is off the path. Once our emotions start to take a grip of our physical body, what can we do to move from a state of limitation and fear into an open, tranquil, peaceful state?
1. Come back to the present moment. The first step is to bring your awareness to the present moment. To do this, take three deep breaths through your nose and exhale through your mouth. After the air has filled your lungs and you’ve felt your stomach rise, exhale through your mouth by forcing the air through your teeth, as if you were hissing out loud. This detoxifies your body from the heavy emotions you’re experiencing and brings you back into the present moment. When I do this, I place my awareness into my feet so I am in a feeling space within my body, rather than being in my mind, entertaining the stories that swirl around with vigor, like a dangerous hurricane. Imagine that all your emotions are in a large sludge bucket. This breathing technique will empty the bucket out so you are empty and free.
2. Put things in perspective. Now that you are present, acknowledge the experience and ask yourself this question: “What is the worst case scenario that can happen to me?” Once we can accept this and realize we will be okay if that happens, we are free from the fear. When I realized I’d blown things out of proportion with my fears, I was able to detach from the story and put things into perspective. I like to imagine that in every moment I have two wolves I can feed (per the Native American myth): the fear wolf or the love wolf. The one that gets stronger and wins is the one I feed.
3. Become an observer of your thoughts. What has served me well in moments like this is to say, “I’m not these thoughts. I’m not these emotions. I’m not this body. I’m an infinite being having a human experience.” In saying this, we immediately detach from the story and allow ourselves the choice of suffering or to become the observer. Imagine that your life is represented in a book, and the story you are living out comes from the words on the page. We can change the words of the story at any point in time.
4. Change your experience. The fourth step is to place your awareness and your right hand on the heart center, which is located near the sternum. Close your eyes, take three deep breaths, and make the following command: “I am now connected to the infinite part of who I am, which already knows how to be whole and complete. I take full responsibility and accountability for this creation, I recognize how it has served me, and I am now ready to let it go. I command that the fear energy be transmuted into unconditional love now. Thank you. It is now done.” This process is incredibly empowering. We allow ourselves the opportunity to experience being our own inner master and a co-creator of our reality.
5. Prevent your mind from sabotaging you. Visualize a stone being thrown into a pond. Observe the ripples it creates when it enters the water. This is to simply distract your mind and allow the process to unfold without doubt or self-sabotage. It is only our mind that can interfere with our own healing.
6. Be grateful. Express gratitude and appreciation for the integration and healing you have received. The key to happiness is awareness. When we become aware that our mind is wandering, we can gently bring it back to the present moment. It’s only in the present moment that we are empowered and can consciously choose the thoughts we engage with. The thoughts we focus on will determine where our energy flows, and thus what is created in our life. Each thought has a vibration, which is reflected by the feeling we experience in our body. To be able to move from a fear-based experience to an open, peaceful experience we must first take full responsibility and accountability that on some level we created the experience, and nobody else is to blame. The choice is truly ours. Do we choose to experience a fearful, limited life or do we choose a happy joyful life?"
"Today Is The Day..."
"We are fast moving into something, we are fast flung into something like asteroids cast into space by the death of a planet, we the people of earth are cast into space like burning asteroids and if we wish not to disintegrate into nothingness we must begin to now hold onto only the things that matter while letting go of all that doesn't. For when all of our dust and ice deteriorates into the cosmos we will be left only with ourselves and nothing else. So if you want to be there in the end, today is the day to start holding onto your children, holding onto your loved ones; onto those who share your soul. Harbor and anchor into your heart justice, truth, courage, bravery, belief, a firm vision, a steadfast and sound mind. Be the person of meaningful and valuable thoughts. Don't look to the left, don't look to the right; we simply don't have the time. Never be afraid of fear."
- C. JoyBell C.
Saturday, January 30, 2021
"GME Soars 75% After-Hours, Erases Losses After Liquidity-Constrained Robinhood Lifts Trading Ban"
"GME Soars 75% After-Hours, Erases Losses
After Liquidity-Constrained Robinhood Lifts Trading Ban"
by Epic Economist
"In this video, we report the freshest news about the Reddit vs. Wall Street trading chaos, and all the market drama involving the latest developments of the battle between hedge funds and the RobinHood platform. And, of course, we expose why Redditors are howling in rage and taking their discontentment to the streets in demonstrations against the latest trading ban that limited the purchase of stock shares of major companies and sparked a heated debate that even made billionaire Elon Musk and Congresswoman Alexandria Ocasio-Cortez question the elite's hypocrisy surrounding the unreasonable and illegitimate prohibitions when it comes to letting other players join their game. After all, this is America, and, isn't the market supposed to be free? Well, that's what something we discuss in this video.
After experiencing a considerable decline as a result of the RobinHood trading ban, when the restrictions were allegedly removed, GameStop stock went up 75%, in that way, erasing all losses witnessed the day before. The new rally appeared to have gained force right after Robinhood CEO Vlad Tenev appeared on CNBC. During the interview, Tenev said that in order to protect the firm and protect their customers they had to limit buying in those stocks. Tenev persistently denied there was any existing liquidity issue at the firm and affirmed Robinhood had tapped credit lines as a proactive measure. However, his explanation didn't stop Redditors from angrily reacting to the restrictions on the trading of several stocks, including AMC Entertainment, BlackBerry, Express, Koss, Naked Brand, Nokia, and of course, GameStop.
The online investors took their discontentment to the streets in several locations to profess their anger surrounding discount brokerage, hedge funds, and the elites. Twitter account NYC Protest Updates reported that a small group of people was spotted outside the New York Stock Exchange, chanting "Robinhood has got to go," and "We want a free market".
But the popular trading app’s survival might be threatened since investors could question the company's loyalty in preserving their portfolios and also get scared by the prospects of a potential liquidity crisis at the firm Citadel.
Needless to say, traders, market watchers, and several high-profile figures were not happy with the way the brokerage firm handled the situation. Many online investors pointed out that in spite of what the statement says, the platform has actually removed their freedoms and silenced their voices, and the decision of limiting instead of blocking stocks was merely an attempt to avoid or restrain the damages of a potential liquidity crisis since millions of fees from flow would disappear if they kept these stocks blocked. Immediately after trading was resumed, GameStop stocks spiked 20%, and Koss stocks went up 40% after hours.
In contrast, shortly after several stocks started to soar again, traders began reporting that Robinhood was selling their GameStop shares without further notice. And the widespread constraint in share trading has continued to fuel the fury of several public figures on social media. Amongst them, Democratic Congresswoman Alexandria Ocasio-Cortez and the world's richest man Elon Musk, came together to criticize Robinhood and its peers. Cortez tweeted: "This is unacceptable. We now need to know more about @RobinhoodApp's decision to block retail investors from purchasing stock while hedge funds are freely able to trade the stock as they see fit. As a member of the Financial Services Committee, I'd support a hearing if necessary". Musk agreed with her take and also supported the opinion of another Twitter user who said: "Make shorting illegal".
In retaliation to the Reddit Rebellion and the enormous backlash on social media, Robinhood added more names to its restriction list, including American Airlines - which climbed over 70% at one point in pre-market trading - Alliance Data Systems, Castor Maritime, Sundial Growers, and several others. The most recent twist happened when Interactive Brokers joined Robinhood and put option trading in some names into liquidation.
If anything, this entire market battle has clearly exposed how the markets are structured to keep benefiting the establishment and crushing the average Americans' prospects of profiting in the financial system even when they play by the rules of the market. As this whole narrative seems far from ending, it seems that the only thing we can do is hope that regulating agencies finally find ways to reverse the outrageous restrictions on the free market. If they don't - we might be entering very dark times, where censorship and institutionalized crimes become the new normal."
Musical Interlude: 2002, "We Meet Again"
2002, "We Meet Again"
Incredibly beautiful, full screen, please.
"A Look to the Heavens"
“What makes this spiral galaxy so long? Measuring over 700,000 light years across from top to bottom, NGC 6872, also known as the Condor galaxy, is one of the most elongated barred spiral galaxies known.
The galaxy's protracted shape likely results from its continuing collision with the smaller galaxy IC 4970, visible just above center. Of particular interest is NGC 6872's spiral arm on the upper left, as pictured here, which exhibits an unusually high amount of blue star forming regions. The light we see today left these colliding giants before the days of the dinosaurs, about 300 million years ago. NGC 6872 is visible with a small telescope toward the constellation of the Peacock (Pavo).”
The Universe
“Believe me, I know all about it. I know the stress. I know the frustration. I know the temptations of time and space. We worked this out ahead of time. They're part of the plan. We knew this stuff might happen. Actually, you insisted they be triggered whenever you were ready to begin thinking thoughts you've never thought before. New thinking is always the answer.”
“Good on you,”
The Universe
“Thoughts become things... choose the good ones!”
Chet Raymo, “The (Unattainable) Thing Itself”
“The (Unattainable) Thing Itself”
by Chet Raymo
“Clear water in a brilliant bowl,
Pink and white carnations. The light
In the room more like a snowy air,
Reflecting snow. A newly-fallen snow
At the end of winter when afternoons return.
Pink and white carnations- one desires
So much more than that. The day itself
Is simplified: a bowl of white,
Cold, a cold porcelain, low and round,
With nothing more than the carnations there.”
"Simplicity. Morning. Forty minutes till sunrise. Coffee. An English muffin. Sit on the terrace. The sky a deep violet. Then rose. Then gold. Simplicity. The senses fill to overbrimming, displacing thought. The moment is sweet and pure. Distilled. The shackles of conscience fall away. One simply is.
“Say even that this complete simplicity
Stripped one of all one's torments, concealed
The evilly compounded, vital I
And made it fresh in a world of white,
A world of clear water, brilliant-edged,
Still one would want more, one would need more,
More than a world of white and snowy scents.”
Now I wait with my eyes fixed on that place along the horizon where the Sun will rise. The sky itself holds its breath, anticipates the flash of green. I try, I try to empty myself, Zenlike, to become an empty vessel for nature to fill. A gathering vessel, brilliant edged. To exist entirely in the moment, outside of time, this moment, just now, now, as the disk of the Sun bubbles up on the sea horizon, that orb of of molten gold.
“There would still remain the never-resting mind,
So that one would want to escape, come back
To what had been so long composed.
The imperfect is our paradise.
Note that, in this bitterness, delight,
Since the imperfect is so hot in us,
Lies in flawed words and stubborn sounds.”
It's no use, of course. No way to obviate the conscious mind. Perhaps a Zen master might do it, a mystic in transport, a drunken sailor who walks into a lamppost. Even as the Sun's disk inflates, swells, unaccountably huge, the mind parses, frames, construes. I close my eyes to shut out thought and the words fill up the space behind my eyelids. The thing itself is out of reach, the moment adulterated by mind. The blessing of consciousness. And the curse."
(The three stanzas are Wallace Stevens' "The Poems of Our Climate.")
"Above All..."
"Above all, don't lie to yourself. The man who lies to himself and listens to his own lie comes to a point that he cannot distinguish the truth within him, or around him, and so loses all respect for himself and for others. And having no respect he ceases to love. "
- Fyodor Dostoevsky, "The Brothers Karamazov"
The Poet: Mary Oliver, “October”
“October”
"There’s this shape, black as the entrance to a cave.
A longing wells up in its throat
like a blossom
as it breathes slowly.
What does the world
mean to you if you can’t trust it
to go on shining when you’re
not there? and there’s
a tree, long-fallen; once
the bees flew to it, like a procession
of messengers, and filled it
with honey.
I said to the chickadee, singing his heart out in the
green pine tree:
little dazzler
little song,
little mouthful.
The shape climbs up out of the curled grass. It
grunts into view. There is no measure
for the confidence at the bottom of its eyes-
there is no telling
the suppleness of its shoulders as it turns
and yawns.
Near the fallen tree
something- a leaf snapped loose
from the branch and fluttering down- tries to pull me
into its trap of attention.
It pulls me
into its trap of attention,
And when I turn again, the bear is gone.
Look, hasn’t my body already felt
like the body of a flower?
Look, I want to love this world
as thought it’s the last chance I’m ever going to get
to be alive
and know it.
Sometimes in late summer I won’t touch anything, not
the flowers, not the blackberries
brimming in the thickets; I won’t drink
from the pond; I won’t name the birds or the trees;
I won’t whisper my own name.
One morning
the fox came down the hill, glittering and confident,
and didn’t see me- and I thought:
so this is the world.
I’m not in it.
It is beautiful."
- Mary Oliver
"The Motive..."
"All men seek happiness. This is without exception. Whatever different means they employ, they all tend to this end. The cause of some going to war, and of others avoiding it, is the same desire in both, attended with different views. The will never takes the least step but to this object. This is the motive of every action of every man, even of those who hang themselves."
- Blaise Pascal
"Is The Reddit Rebellion About To Descend On The Precious Metals Market?"
"Is The Reddit Rebellion About To Descend
On The Precious Metals Market?"
by Epic Economist
"Redditors seem to be at war against Wall Street traders. Analysts are pointing out that the young tech-savvy traders have just started a generational conflict that will likely spread across the globe, as European stock markets are already experiencing unusual fluctuations and, apparently, GameStop stocks were just the beginning. According to market watchers, the Reddit rebellion is about to descend on the precious metal markets, which could undoubtedly disrupt one of the most speculative markets of all and crush investors' gains while destroying some of the U.S. major banks. That's what we're going to investigate in this video.
When the Reddit investors embarked on a stock-buying frenzy, leading demand to the roof and, consequently, pushing the price of stocks up, hedge fund investors were left in a really tight spot. Although numerous big Wall Street investors are rushing back to the market to limit their losses, the damages caused already led to the bankruptcy of Melvin Capital Management, which allegedly had to be bailed out with more than $ 2 billion to cover losses on some shares, including those of Gamestop.
For many online investors, it's not just about making money. They want blood. According to market analyst Neil Wilson, by reading the group's conversations on Reddit, it is clear that the battle of the Reddit traders with Wall Street is clearly personal. "It is a generational, redistributive battle. It is about stealing from the rich to give to the 'poor'," says Wilson.
Recent publications have been arguing that the Reddit Rebellion is migrating to one of the most manipulated markets of all: the precious metals market. Considering precious metals ETFs and mining stocks suddenly went up yesterday, the predictions appear to be accurate. A recent ZeroHedge article has exposed what one of the WallStreetBets users posted on the message board a couple of days ago.
The message reads: "Silver Bullion Market is one of the most manipulated on earth. Any short squeeze in silver paper shorts would be epic. We know billion banks are manipulating gold and silver to cover real inflation. Both the industrial case and monetary case, debt printing has never been more favorable for the No. 1 inflation hedge Silver. Inflation-adjusted Silver should be at 1000$ instead of 25$. Why not squeeze $SLV to real physical price. Think about the gains. If you don't care about the gains, think about the banks like JP Morgan you'd be destroying along the way."
ZeroHedge has also posted some charts showing that Silver is already spiking, and Gold is on an upward path too. But Argentum is the one that is going through the sharpest rise, which means that that the hedge fund investors' nightmare is far from being over. Meanwhile, a heated debate over the legitimacy of the Reddit Rebellion is taking over the mainstream media as well as social media as both the RobinHood platform and Reddit limited the actions of the group.
WallStreetBet’s discord was shut down allegedly for “hate speech”, and Robinhood has suspended new long positions in Gamestop, AMC and a few other junk stocks hedge funds were shorting. But many have been calling out the hypocrisy of the measures. Economy scholar Tom Woods noted that if the average American suffers a loss, that’s a darn shame. But if big players suffer a loss, everything is shut down.
Overall, this whole narrative is indicative of how the financial system is rigged. When profits stayed inside the accounts of wealthy traders, no one complained about the fact they were betting and profiting on the decay of our businesses, but when a bunch of young rebels dare to question this manipulation, they're practically seen as criminals. The system is structured so that the public always loses, and the Establishment always wins, even if they have to change the rules or endlessly move the goalposts to do so.
But one of the things WallStreetBets has done that might spark a change of winds inside the markets was exposing how investors' insanity and manic euphoria are completely unsustainable no matter on what side they are on. In a time when the U.S. economy keeps crumbling every day it passes, unemployment rates continue to climb, and 24 million Americans told Census Bureau interviewers that they’re having trouble getting enough to eat, keeping all eyes on a market play is clearly deviating the attention from our real problems. And we can't afford to do that."
"All There Is..."
"Angel: Well, I guess I kinda worked it out. If there's no great glorious end to all this, if nothing we do matters... then all that matters is what we do. 'Cause that's all there is. What we do. Now. Today. I fought for so long, for redemption, for a reward, and finally just to beat the other guy, but I never got it.
Kate Lockley: And now you do?
Angel: Not all of it. All I wanna do is help. I wanna help because, I don't think people should suffer as they do. Because, if there's no bigger meaning, then the smallest act of kindness is the greatest thing in the world.
Kate Lockley: Yikes. It sounds like you've had an epiphany.
Angel: I keep saying that, but nobody's listening."
"Angel", 2001
Subscribe to:
Posts (Atom)