Jan. 29, 2021 - Freedomain Radio - Stefan Molyneux
06:41
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| Time | Text |
|---|---|
| This guy says, And they had some food storage saved up. | |
| When that crisis hit our family, we were able to keep our little house, but we lived off of pancake mix and powdered milk and beans and rice for a year. | |
| Ever since then, my parents have kept a food storage and they keep it updated and fresh. | |
| Well, please, please do, my friends. | |
| Those close to me, my friends and extended family, were not nearly as fortunate. | |
| My aunt moved in with us and paid what little rent she could to my family while she tried to find any sort of work. | |
| Do you know what tomato soup made out of school cafeteria ketchup packets tastes like? | |
| My friend's got to find out. | |
| Almost a year after the crisis low, my dad had stabilized our income stream. | |
| And to help out others, he was hiring my friend's dads for odd housework. | |
| One of them built a new closet in our guest room. | |
| Another one did some landscaping in our backyard. | |
| I will forever be so proud of my parents because in a time of need, even when I have no doubt money was still tight, they had the mindfulness and compassion to help out those who absolutely needed it. | |
| To Melvin Capital. | |
| You stand for everything that I hated during that time. | |
| You're a firm who makes money off of exploiting a company and manipulating markets and media to your advantage. | |
| Your continued existence is a sharp reminder that the ones in charge of so much hardship during the 08 crisis were not punished. | |
| And your blatant disregard for the law made obvious months ago through your, for the Melvin lawyers out there, alleged illegal naked short-selling and more recently your obscene market manipulation after hours shows that you haven't learned a single thing since 08. | |
| And why would you? Your ilk were bailed out and rewarded for terrible and illegal financial decisions that negatively changed the lives of millions. | |
| I bought shares a few days ago. | |
| I dumped my savings into GME, paid my rent for this month with my credit card, and dumped my rent money into more GME, which for the people here at WSB I would not recommend. | |
| And I'm holding... | |
| This is personal for me and millions of others. | |
| You can drop the price of GME after hours 120. | |
| I am not going anywhere. | |
| You can pay for thousands of Reddit bots. | |
| I'm holding! You can get every mainstream media outlet to demonize us. | |
| I don't care. I'm making this as painful as I can for you. | |
| To see NBC, you must realize your short-term gains through promoting institutions' agenda is just that. | |
| Short. Term. | |
| Your staple audience will soon become too old to care. | |
| And the millions of us, not just at WSB, but every person affected by the 08 crash that's now paying attention to GME, are going to remember how you stuck up for the firms that ruined so many of us and tried to tear down the little guys. | |
| I know for sure I'll remember this. | |
| In response, here's a list of CNBC sponsors and partners. | |
| They include, but are not limited to, IBM, Cisco, T-Mobile, JP Morgan, Oracle, and ZipRecruiter. | |
| Their parent company is NBC Universal, owned by Comcast and GE. To the boomers and or people close to that age, just now paying attention to these millennial blog posts, You realize that even if you weren't adversely affected by the 08 crash, your children and perhaps grandchildren most likely were. | |
| We're not enemies. We're on the same side. | |
| Stop listening to the media that's making us out to be market destroyers and start rooting for us, because we have a once-in-a-lifetime opportunity to punish the sort of people who caused so much pain and stress a decade ago, and we're taking that opportunity. | |
| Your children, your grandchildren might have suffered, as I described, because of the institutions that we're fighting against. | |
| You really want to choose them over your own family and friends. | |
| We're not asking you to risk your 401k or retirement fund on a single GME bed. | |
| We're just asking you to be understanding, supportive, and to not support the people that caused so much suffering a decade ago. | |
| To WSB. You all are amazing. | |
| I imagine that I'm not the only one that this is personal for. | |
| I've read myself so many posts on what you guys went through during the 08 crash. | |
| Whether you're here for the gains or to stick it to the man as I am, or just to be part of a potentially market-changing movement, thank you. | |
| Each and every one of you are the reason that we have this chance. | |
| I've never felt this optimistic about the future before. | |
| This is life-changing amounts of money for so many of you and to be part of a rare instance of a wealth distribution from the rich to the poor is just incredible. | |
| I love you all. So, you think this is going somewhere? | |
| You think this is going away? | |
| You think this is going away? | |
| No. No, it's not going away, my friends. | |
| This is not going away at all in any way, shape or form. | |
| This is personal. | |
| This is visceral. | |
| This is past pain. | |
| This is crying mothers, destitute grandmothers, hungry children. | |
| Do you think this is going to go away? | |
| It's not going away. This is what I said yesterday. |
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