Red Scare - The Most Dangerous GME

Episode Date: January 31, 2021

The ladies attempt to explain GameStopGate to themselves and take you along for the ride.

I can hear him. We're back. We're back. I'm so nervous. You are? Yeah, because we're gonna talk about stocks. I know it really makes me feel like I have like a learning disability when I was when I try to understand it. You got some men to explain it. I had some yeah I'm in some group chats that are male dominant so I've had but every time wouldn't pick me but when whenever someone like starts explaining shorting to me I'm just like my brain is like do do do do do do do do do do do do do. I mean it's not for women. Honk honk. Or gays. Yeah. Or normies really. Well friend of the pod Maddie. Yeah. Is a day trader. Yeah. And my financial advisor. Yeah. And she's been on Wall Street Bets for

like a year plus or something. Yeah. She's been at it for a while. So she really understands it and she's broken it down for me. Yeah. A few times but I just for some reason. It just doesn't. I'm not retaining this information. Yeah. Well because it's all fake. Yes. That's how we're gonna rationalize it. It's fake and gay. I'm actually too smart to understand it. Yeah. It's not that I'm not smart enough. It's that my mind is operating on such a advanced level. You're too wise. Exactly. To get muddied. Yeah. It's not that the numbers are confusing. This is all child's play. Yeah. I'm on like the next galaxy brain quadrant. I love Maddie because she's like the one woman I know who understands this stuff. She's been

getting a lot of texts from people all week. Yeah. Because she's the lone kind of person in our bohemian milieu who seems to have any grasp on finance. The Janet Marlin of Times Square. She's much skinnier and hotter than Janet Mellon. Because of that saying. Yeah. But yeah. I feel bad for Maddie because I feel like all of our deadbeat friends are probably hitting her up right now like yo what stock should I buy stock tips. Yeah. And like my philosophy with the stock market even though I'm gonna opine on it right now shortly after we get all the other shit on the docket out of the way is like you should understand what's going on before you place bets. Like I would never gamble on the stock market unless I knew what was going on fully or I had a powerful

and smart man place bets for me and make off with my winnings. You don't have any stocks. I have some crypto investors. Yeah. And why. Ethereum. Yeah. And Ethereum. Very cool. Yeah. I like that one as well because it's Russian. Oh right. Is it it's what's his name. I don't know some. Oh fuck. The kid who made chat roulette some Russian teenager. It's the guy with like the bodybuilder dad. Okay. That's his name. I have no idea. Is that Ethereum. Ethereum is definitely Russian because I used to have some of it and then I sold it when I was really broke like five years ago. Okay. But I have even less of a grasp on crypto than I do. Yeah. The market. Me too. I think this is a really bad investment and I'm going to end up

really paying for it down the line. But I persist. Well I bought some I bought some stocks last night. I bought some shares of a stock called Fubo. Okay. That's like some streaming platform that was also very shorted. Much like GameStop that my dad is a fan of. Yeah. He's been talking about Fubo for months. And so I bought some stock of that because my dad also told me it stands for fuck you Barack Obama. So it's easy to remember. Yeah. And then I got some Starbucks stock. I like the brand. It's I don't think you need to have a deep understanding of the markets to be gambling. But a basic grasp would be nice. Yeah. I kind of feel like most people around us myself included

don't even have that. Like I don't even know what a stock is. I don't know what the market is. It's this weird kind of cloud that hovers. I read a lot of explainers that were breaking it down as into like say you have 10 bananas cost $5 and then the monkeys buy up all the all the bananas. Let's say you have five freckle pens. Okay. The original size of the XL because the freckle pen goes quick. Oh yeah. I can imagine. Yeah. I am operating in many aspects of my life just on pure intuition. Yeah. I just have a good feeling about Starbucks. I think it's a good safe stock recession proof. Fubo is pretty funny. Yeah. So we'll see. Fubo to Fubo for Russians. For us by us by us. I can see like Russian guys wearing Fubo in like Smilyansk or

Krasnayaodsk or something. Not understanding. Not knowing what it means. It's not for them. Then finding out that it was actually a black-owned business and like burning it in a pyre. Do you want to break it down or... Be my... No, you. You. No, Anna, please. You. I don't know. Should we attempt to break it down? I think it could be like maybe like some performance art. Yeah. So there's a reddit called Wall Street Pens that banded together to invest in GameStop stock. Yeah. Which was very shorted by a hedge fund. Yeah. Many hedge funds, I think. Many hedge funds. But the biggest one was Melvin. Yes. Which is now kind of teetering on the verge of. I've also watched all of Billions. Right. The show. Yeah. The show Billions. And I just, I don't.

When I watch Billions, I'm like, oh, it's going up. Oh, it's going down. The arrow. I tried to watch The Big Short like a few months ago and I really like terrible film. I couldn't get through it. It was incredibly painful. It had like the pace and structure of the way that I imagine these guys' minds work. Like stock brokers or. Yeah. Or like amateur day traders, whatever. It's like, you know, guys being like, get this. What if I told you that? And now everybody's going around. They're like, yo, so get this. If a service is free, that means that you're not the customer. You're the product. Oh, fuck. So yeah. So now these hedge funds are going broke because they bet basically that GameStop would fail. And now the stock is super

expensive and inflated. And so they've had to borrow money to. To cover their positions. And now these, they basically like. It is exciting. It is exciting. There's a lot of weird shit. I mean, it's literally a giant game theory problem because it's a bunch of people holding the stock. And if they sell, the price goes down. And so far, everybody's hold the Wall Street Bats guys are holding it, which is cool because it takes one, one scraggler, you know, to like start a chain reaction downward. And like, it's cool. It's like a show of solidarity. There's a lot of like fake and gay, like leftist and liberal rhetoric around it. Like how it's like redistributive or revolutionary. The real occupy. Yeah. The real nonpartisan. Yeah. I mean, a lot of it feels like an inside job to

me because there's people on Twitter being like, they've done more than occupy Wall Street ever has. And then it's like, you know, you have like the founders of Robin Hood giving sound bites, like, you know, two, four years ago being like, we were just, we had to start this company after the lessons we learned from occupy. I see. And it's all like, but there's some shit that. So then, yeah. So then Robin Hood made it so people couldn't, AMC was another stock that the Wall Street bets, Redditors kind of rallied around. And so then Robin Hood made it so people could only sell and not buy. Yes. More of these stars. Well, in all of this, all this popped off to begin with because some savvy and observant people noticed that these hedge funds had borrowed a lot of

GameStop, more GameStop, in fact, than existed, which is illegal, because they were, you know, kind of manufacturing, inventing shares to borrow. I mean, it's all super shady. But like, basically, yeah, what happened is, so discord shut down the Wall Street bets chat. Yeah. The statement that they gave explaining their action was ridiculous. They claim that this the server had been on their trust and safety team radar for some time for, for a glorifying hate speech violence and misinformation. Yeah. But they chose to do it like yesterday. So it's like all very suspicious. I mean, it's pretty embarrassing that like an app called discord would like wimp out at the slightest indication of any discord. So then Robin Hood and some other similar platforms

shut down GME and AMC stock, meaning you could sell, but you could no longer buy, which is also shady and unfair. And not only that, but it looks like initially I was like, not sure whether this was corroborated, but it looks like they were selling people's shares without their consent, claiming that it was quote for their own good. Is that true? Apparently. Apparently this has been going down. I heard. I don't know how true this is. Um, I saw a tweet by a guy aiming this. Well, and he and the second kind of, as somebody else pointed out, the second tweet in his thread was like a referral to another platform. So he's clearly like shilling for somebody else. I saw that tweet as well. And the email that he screenshotted was very pixelated. And then I saw other

people saying that they were doing that, but for margin calls, which is still shady, but not like unheard of. Yeah. Wait, I thought it was for non too stupid to understand this. Don't ask me what a margin or anything or an option call or anything involving the word call unless it's a phone call by, by, by our stock is up, honey. A lot of, a lot of fellas in the various group chats I'm in talking about the FOMO that they've gotten because they didn't get in on the game and they didn't buy dog coin fast enough. And I, I'm like, I feel like I have a dopamine high, like a rush because I feel like I've been playing the stock market because we've been selling fucking red scare G strings and Christopher lash shirts. Yeah. Good time to plug

our merch. Yeah. So that stock is way up. So you're going to want to get it on the ground floor. Um, yeah, it's been exciting. Yeah, it's interesting. I mean, there's all these reports of people like paying off their mortgages, their student loans or credit card debt, which is always heartwarming and great to hear. And in that way it is, it has redistributive characteristics or it seems like a David and Goliath-esque kind of story. Yeah. But it gets more complicated. Yeah. But I feel just a, you know, instinctual solidarity with the Wall Street bats people because they're much like me retarded. They love chicken tenders. Yeah. And they say slurs. Yeah. And so I'm very, I'm very happy for

them and their winnings. And I hope that they continue to hold until they crash the whole economy. What do I care? Yeah. I mean, one hopes, but no, now, so now these Robin Hood users have filed a class action lawsuit against Robin Hood. And Robin Hood seems like a scapegoat in all of this. No, they are and they aren't. I mean, this is, you know, again, it's like they basically, I mean, this is all, I'm going to tread carefully here because this is all like very complicated for my feeble brain to understand. And also, I don't want to like piss anybody off or be a buzzkill because, you know, I am like rooting for the little guy. But basically, the way that Robin Hood makes its money is by selling kind of the micro data of your transactions

to companies like Citadel, which pay for the privilege, which is also a hedge fund. Yes. And they pay for the privilege and they were the hedge fund that offered to bail out there. They're like a giant multinational financial securities firm and they offered to bail out or we're trying to bail out Melvin. Yeah. So it's all kind of a time as a fat circle. But they basically pay Robin Hood for the privilege of handling your trade. And I think Robin Hood gets something like 40% of its revenues from Citadel. Okay. So basically, this somebody man's playing to me, but they do this by like, they front run the normies and profit off of the kind of minute delay, which prevents normie investors from getting the best price and their transaction contrary to like Robin Hood's

consumer claims. So and that's how Robin Hood is able to like give you a free service. I see. And so, you know, and we're talking a delay that's basically in the milliseconds and a what do you call it? Holy shit. A price difference that's in like the fraction of cents. But because but it adds up, but it adds up because there's such a high volume and frequency. Yeah. Of these trades. So, right. But Robin Hood, while it's probably the most popular kind of retail trading app, because it's the most user friendly, is not affiliated with Wall Street bets. Actually, no, I don't, I don't think they are. And Wall Street bets has in addition to regional traders actually has real, like stockbrokers on it as well. I mean, I'm sure there are all sorts of

like, that's the thing. It's not as cut and dry as like, David versus Goliath, like little guy versus institutional players. I think there's like institutional players in the mix, like people going incognito, like, I don't think also, like, it's not like we're talking out a block of like working class young men, there's certainly some of those in the mix too. But there's a lot of people who had money going into this. I'll just say, I think it's funny that everyone loves mansplaining now that something's up with the stock market. Yeah. Well, I see a lot of people who really want men to explain things. Yeah, yeah. That's true. I was like, don't short mansplaining. But like, I literally felt so bad, I tucked my tail between my legs and was like, Hey guys,

fellas, can you mansplain this to me? And of course, they were really happy to do it. They love it. Yeah, they love it. And then they've been downtrodden for so long. Yeah. This is the white power revolt we've been looking for. Please don't excerpt that. I'm obviously being facetious. But yeah, basically, there's a lot of like kind of shady business with Robin Hood. I mean, this is like, you know, there's a Bloomberg article from like 2018 where they break this all down. So it's, it's not exactly even fine print. You can find, you know, there's me, it's well documented media how Robin Hood makes its money. And like, I think we may have mentioned Robin Hood even on an earlier episode. Why? I think we may have like referenced them.

Or maybe I talked about it. I don't know. I don't remember. Are you a Robin Hood user? I'm not. No. Okay. I'm like a coin base user. I mean, they're probably just as bad, but I pay for the privilege of using their site. You're wrapped up in crypto. Yeah. I think it's been, I mean, it's been funny to watch people like simping for the hedge funds, like Michael Burry, the big short guy was like, this is unprecedented dangerous behavior. Totally. It's like, you know, when the we're all having fun. Yeah, it's like the Mayfair set when all the global or the original corporate raiders got butthurt that like firms and other investors got in on the action. It's like every, you know, you pioneer an awful predatory practice and then

get mad because other people. Yeah, it's beautiful. Yeah. And I'm, yeah, I'm not of the opinion that this is indicative of some like populist socialist uprising or something, but I am enjoying it for sure. And it has been good for morale. And I'm in the morale business. Yeah, we're launderers. No, it's like, basically, I mean, it's nice to see people kind of expressing solidarity and banding together and stuff like that. I don't care if I mean, there's probably some truth to the claims that it is an inside job and like a color of revolution, but I don't know, it's fine. I don't care, mostly because I don't understand it and it's way over my head. It's not like politics where it's like a parent, like you look at these young people taking to the streets and like Belarus

or Moscow and you're just like, you don't know what you're signing up for. Right. Yeah. Well, I saw people protesting out down on Wall Street in New York, which is. For what? Exactly. Like just in general, kind of, but, you know, in reference to all of this, like, to get Robin Hood to let them trade on GameStop or whatever. But it just really highlighted how ineffective and pathetic protesting is when a bunch of raditors can, at least on the surface, accomplish much more materially for themselves. Yeah, for themselves. I mean, they are, it's not, you know, they're not dismantling capitalism. They're capitalizing on an opportunity or on some momentum. Right.

Right. So it's like, well, within the bounds of what we call capitalism. But yeah, I mean, it's fun. It's like a fun, you know, fun and exciting meme. Liz Warren, of course, got in on the action. Did you see that somebody responded to her? She's like, this casino-like behavior. And, you know, it was like admonishing people in her school marmway about how this is bad for you and unhealthy and stuff like that. Some guy responded, was like, I thought your people liked casinos. That was really good. That's a good one. Like, how did you not get banned for that? I tried to watch AOC's Twitch stream where she was going to weigh in, but she was having a bunch of technical issues and she lost me. I like, I tuned in and then she like went off because she

like couldn't work the Twitch tech. And then the GOP is trying to infiltrate and hack my Twitch stream. She's like so annoying. I have to, I'm going to stop talking about AOC period because people take it way too personally. And it's like, it's so obvious. They almost murdered me. I know. I was like, bitch, welcome to the club. If you're like, she called Ted Cruz a clout chaser. I mean, he is. She is. Yeah, of course. I'm not advocating for Ted Cruz. But she is too. I really, it really breaks my heart to see Latinx on Latinx crime. I hate these two beautiful politically white Latinos. Go head to head in combat when they should just be getting together. I know. They need to put aside their differences. And Cruz is ready to make the peace offering and

AOC is not. Yeah. Ted Cruz is such a tryhard. It's almost like endearing in a way. If he wasn't such a weird lizard person, like he grew a beard, you know, to hide the fact that he has no chin. I know. He's a gelatinous cuck. And like, you know, if you're like after old beers, he almost looks kind of, yeah, he looks like a rotting jack-o-lantern. It's like one of those things that you open to carve it and just like smells really bad and you have to like condemn the whole thing. It's like caving in on itself. I feel so bad for Ted Cruz. That guy can't catch a break. Yeah. Are you going to watch the, speaking of which, are you going to watch the Richard Ramirez doc? We could. I mean, he's, yeah. You mean because of Ted Cruz being the zodiac. Yeah.

Yeah. We could watch it. I'm down. That's a guy who should have been signed to IMG. Maybe it would have prevented him from killing all of those people. Definitely. If he had gotten the right modeling contracts. Yeah. You couldn't. No, seriously. Yeah. No, I saw my favorite tweet that I saw was people trying to compare GameStop gate to gamer gate by, by citing, or people on NPR were doing this by citing the harassment of hedge fund managers. Oh God. And I was like, you know, but now, I mean, now they're doing. The doxxing and harassment of yeah. Evil billionaires. And there was, I think the funniest part of this was like people saying

that this is like domestic terrorism or white nationalism. Yeah. Like that's an arc we couldn't have foretold. The Reddit dog whistle as old as time. Tolentino knows it well. Yeah. I wonder what kind of stock she has. Or you can invite her on to talk about trafficking, slave stock, human bone. Oh God. But like, I mean, can you like, it's funny that anybody would accuse like redditors of being domestic terrorists and white nationals, which to be fair, they are. They're emotional terrorists, maybe. The horrible foul people, but you know, I guess we're among them. I am a Reddit. There's just no denying it. We're redditresses. I have been for years. You know, as a buddy of mine pointed out like, can you like imagine the banter among kind of

elite top tier finance guys? Like, do you think they're comparing like business cards and praising the 1619 project and the new like Harriet Tubman $20 bill? No, they're like calling the cleaning lady the n word. Those guys don't do that. Definitely. Yeah. It's a high pressure environment. Yeah, there's definitely some slurs flying around on the trading floor. Yeah. Like, can you imagine that these guys are like a choir boys? Anyways, yeah. So Warren's going to regulate the market. She loves regulation. She's obsessed. She loves regulating capital. I understand it. She's a teacher, right? Yeah. Yeah. She has that vibe. Definitely. Like a ruler across the knows lesbian teacher mean none. Yeah. The warbling

boys. I remember like having to like lay down for naps and preschool or kindergarten, they made you, you know, bend your knees because there was too many kids you couldn't fully stretch out. And if like, you fell out of line, they would like this in Russia. No, no, no. And the United States, they would punish you. And, and nothing really bad happened at my preschool, because I went to Jewish Y, but my sister went to Catholic preschool. I don't know why my mother did that, but weird. Yeah, it was really weird. And the, the woman was like the teacher was this like big fat woman called Miss Andrea. She was Polish. Her name was like Andrea. And she would routinely like smack them over the knees with a ruler or put soap in their mouths. Yeah, I went to a

Catholic school briefly in Atlantic City, actually. Wow. And I was struck with a ruler by a by none. Really? I was like in second or third grade. I don't remember what I did. I think I was just being a brat. Were you a bratty child? No, I was very eager to please and really got off on validation from adults and teachers and stuff. So I was kind of like a try hard. Yeah. Brown noser. Yeah, I was, my parents didn't pay enough attention to me. So I really had to get it where I could. So I was a very good, good student and everything, but not good enough for the nuns. No, I mean, you're never going to be, neither of us is ever going to be good for the nuns. We've had too much unprotected sex.

Greater the center, the greater the saint Anna. Yeah, there was that, that scoop about Janet Yellen taking money, like hundreds of thousand dollars and speaking fees from Citadel. And then Saki said, of course, she's a a titan of her industry or whatever. She deserves that money. She's a preeminent woman expert. Can we talk about this Jen Saki woman? Yeah, I hate her Saki. I don't hate her. I don't hate her. I like, I like a redhead. She even know, I think she really drags down a redhead stock. I'm sorry. Yeah, no, no, no, no, I know she's not my fave. I definitely miss the, the Trumpian bimbos who used to do her job, but she's better than like

the Hockabee Sanders. Yeah, you're, she's more attractive is what you say. Yeah, and not as, and she's not as, you know, she's also like a craven, obfuscating liar. Yeah. But she, she does it in a slightly more refined way than, than Sarah Hockabee did. Yeah. She's, yeah, she's annoying, of course. I just, she's so like po-faced and like sexless and mean. Smile, smile, honey. Yeah. She's like a kind of contemporary woman of the boardroom, you know, a water cooler woman. I just, I can't, I know. It's just, you know, they, they wear like a pop of color and like a statement necklace to distract from their lack of personality and

they're kind of dull and gray and flat. She seems like a stewardess who would be a bitch to me for a reason. Too fat to be a stewardess, if you ask me. Oh, I'm going to edit that out. She's not fat. She's not fat at all. Yeah, never. I haven't even seen her body. I haven't either. It's always, it's always behind that podium. Yes, it's behind the podium. I did that on purpose. I deserved to rot in hell. Whatever. We're all high off the, off the stock market. What day is it? Oh, it's Friday. So it's closed for the weekend, right? I guess so, yeah. Lazy. Yeah. I think it should open earlier, stay open longer and all seven days a week, baby, like a real casino. Yeah. 24 hour trading.

Yeah. You call this capitalism? Yeah. The hedge funders need the weekend to regroup and figure out how they're going to stiff everybody out of their money. Right. But yeah, I don't know. I guess what I don't understand is why, I mean, I understand it's completely egregious behavior. Again, like I said, to like prevent people from buying shares and to sell off their shares, but I don't understand why anybody feels shocked. I understand why they're mad, but nobody should be shocked by the behavior of apps anymore. Like Robin Hood, do you mean? Yeah. Yeah. Nobody should be shocked by this behavior. Yeah. It's shocking. I guess that it happened so quickly and swiftly. Yeah. But I guess the fact that people are shocked is a good sign because it means that

that we're not fully kind of like we're entitled to something. We're not Russian people yet to participate in the free market in some capacity. Like we were promised. Yeah. It's, it just like scrolled past a quote of one of the Robin Hood founders saying, we were part of the problem. It's like, guess what? You still are. I hate when people talk, talk like this. Oh, and there's also that guy that's been making the rounds that everybody loves, that they're very bullish on. Look up this guy, Shemath Palihappitya. I hope I'm pronouncing it right. He's the CEO of something called social capital, which like claims to or aims to solve the world's hardest problems. Oh, good. Yeah. And everybody's been sharing his videos and, and, and, you know, because he's saying

he's a straight shooter. Yeah. He's calling it like it is. I like, you know, I have no proof. I have no evidence, but like mark my word. This guy is a snake and he will be exposed as such. Like just, he gives me such alarm bells. No, he does because it's like, you know, I, I, he like reminds me of these guys that like, you know, when you're on vacation and you're walking around, they walk up to you and they're like, uh, don't go down that alley. That's where the pickpockets hang out. And then they like, you know, steal your wallet when you're not looking right. Like he's that dude. And like, uh, I don't know. He's, he scares me. I think, look, I love good instincts. Yeah. Well, for those kind of people, like, uh, solution years, right? I feel like, you know,

like the other Bella Russian genius of getting more is off warrants about the solution years. Yeah. Who like invent problems just so that they can take credit for disrupt them. Yeah. Yeah. I'm a reticent to sort of hear a worship of any of you. I'm not, I'm very, I'm trying, I'm staying very like on the sidelines, just observing. Yeah. Is socialism over? Yeah. Right. I think so. We're over it. Yeah. Thank God. That's one good thing. It seems like everyone just wants to participate in the free market. Yeah. That seems like a, um, more of a priority. Yeah. And maybe an easier way to ease some of our societal ills than advocating for an ancient democratic socialist candidate who's just going to sell you out to the Democrats anyway. Has Bernie said anything? He's made some

like kind of pithy tweets last time I checked. I've had millionaires, billionaires, this and that. Um, I haven't, I've had food poisoning full disclosure. Oh, yeah. Right. We can talk about that. I'm getting even skinnier. We don't have to. Yeah. Um, but as far as I know, Sanders hasn't. He said Wall Street cannot continue functioning as a gambling casino. It's time for attacks on Wall Street speculation so that we can raise the funds to cancel student debt and make public colleges and universities tuition free. The business model of Wall Street is a fraud. He's just kind of playing. He's on autopilot. It seems we don't need any more college. I mean, cancel the debt, but let's not encourage any more people to go to college. I mean, some people should go to

college. Just not people who study the humanities. Yeah. We still need like scientists and people who actually know how to do, do stuff. Yeah. Sure. So science is like the stock market and like modeling as you point out, totally fake and gay also known. Of course. Yes. But, but you know, in a functioning society, we need people to, you know, have access to higher education. And yes, in an ideal kind of like in an ideal, ideally healthy institutional setting. But yeah, I mean, I think like that, that's, that's the catch 22 here. Like one of the best things to come out of this obviously is that it really undeniably and ambiguously puts to rest any illusion that our institutions are legitimate, not that the stock market was ever

vying for, you know, at the top of the pyramid of legitimacy. But like, that's also the worst thing because I feel like barings, you know, a healthy institutional climate, these sort of things will only ever be like meme rebellions. You know what I mean? Like they're always going to be consigned to like being like small like little flash points of. Well, I think a meme rebellion is sort of appropriate for the market because the market seems to be mimetic. Anyway, like there's no, or at least we can understand that nothing has any value anyway. Yeah. So it seems like it's a it's a fitting kind of dissent, at least, because it's all happening in this like highly charged symbolic realm. Yeah. And it was like sublime artistic realm. I mean, like,

the stock market really is one of our greatest works of art. It really is. It's like, yeah, the net artists couldn't have dreamt up this scenario they wish. I have a really stupid question. Do other countries have stock markets? Yes. I think there's also like a global one that I don't know. Actually, you don't want to quote me on that. They have their own. Yeah. Yeah. I mean, they totally do. They have their own like stock exchanges and stuff like that. Even like not like shithole countries. That's a good question. And then there's probably like all the main Western ones too. Okay. And it's it is global. Yeah. Right. But it's New York based. Yeah. It's all on New York time. Yeah. They don't go out on the floor anymore and yell because of COVID. Yeah. Well, I mean,

that sucks. But I think like COVID probably just accelerated an existing trend, which is going out on the trading floor is becoming obsolete because there's so many like trade. There's so many like digital trading floors. Yeah. Yeah. I liked when they wheeled out some kind of like debt or dying celebrity to like Carrie did it on Sex in the City. Oh yeah. Yeah. I remember that. I feel like Larry King must have done it. Yeah, they really should bring the virtual we can jump start the the physical trading floor. That's where I'm fearless girl is right in FIDE. Yeah. She's next to that bull. Yeah. Okay. It's bullish girlish. Yeah. That's very sexual. Yeah. I was I was down at FIDE like a couple weeks ago and there was some Chinese people taking selfies with the

bull per usual. Yeah, they're functioning smoothly. Americans stock market. I definitely really missed that. Japanese and Chinese. I'm sure there's Japanese people there too. I do miss the Wall Street Equinox location. That's one of the one of the best ones downtown at least. Have you ever had sex with a Wall Street guy? No. I haven't lived in New York that long. True. Yeah. And I don't think I wouldn't even know how to encounter them, I guess. I see. Have you? I have. Yes. He was Indian. That's why. Cool. Because that's my that's my beat or was my beat before I switched to Jewish guys. That's really cool. It was really did he give you? No, it was not cool. It was really he gave me like herpes or something. Did he give you any just the stock tips?

No, but he was pretty short and very rapey. Yeah, they do seem rapey. They're all fired up. I'm going to watch Wolf of Wall Street. Oh, yeah, that's it. Yeah, watch that instead of the big short, which is really again, a deplorable movie that underserves Christian Bale's talent by making overact. Haven't seen it, but maybe then you should watch it because it's like so comically bad, you know, okay, I'm ready. I'm I'm high on on stocks. I'm ready for I can ride this wave. Yeah. I'm going long on stocks. Wait, what else? What else is there to say about stocks? Let's see if there are any notes. Hmm. Yeah, I don't know. I mean, the I think that the the upside and the downside of this is

like my prediction is unlikely to have any there will it's unlikely there will be any like permanent crackdowns on normie trading. Because you know, I understand that a lot of people after the discord went down and Wall Street bets was threatened and Robin Hood started menacing retail traders or whatever. I think a lot of people understandably were concerned that they would just be frozen out of the market. But I kind of feel like that's not going to happen because I think like they're holding well, even if they eat, you know, even once this is said and done, I feel like for the, you know, for the simple reason that kind of the elites need the normies to cover the dirt that they're doing through mechanisms like Robin Hood. I mean, I think they figured it out and it's and

it's kind of like here to stay. Yeah. I feel like it would be kind of like suicidal or maybe like not suicidal, but definitely self harm to to to freeze them out. Another stupid question. Yeah, there's just an infinite number of stocks. No, I don't think finite. I think it's fine. So how many GameStop stocks are there? I have no idea. We should have like looked this up before we should fact check this. But I think especially now after this meme revolution, there's been an influx of new normies into places like Wall Street bets, right? Like I think they're membership skyrocketed. And I actually think that the discord getting suspended didn't really make much of a difference because once there was a huge influx of users, I feel like kind of the core group of Wall Street

bets users already kind of like branched off into sort of fringe. You can't it's like cutting off like Medusa's head or whatever the more snake head sprout and stuff. It's like it's it's they've already kind of done done the work. Okay. To organize. So I don't think it's going to be that easy to just kind of dismantle dismantle it. Yeah. But yeah, obviously huge influx of normies. Yeah. Which I suspect is also probably why Robinhood did what they did because I think they also just were not equipped maybe to handle that such a like volume of users. I mean, yeah, but I think like normies kind of entering the or playing the market is one of the best thing that things that's happened to these like market makers and financial insiders

because it's allowed them to arbitrage these price differences while providing a cover for themselves. Right. Because they can always, you know, chalk it up to like, as Liz Warren did to, to, to, you know, they can blame these kind of uneducated amateur retail investors. They can bill it as an expertise problem and crack down on it on a case per case basis or they can bottle neck it. I think there will be some bottle necking down the line. And like what I really predict suspect what will happen, I like, I don't, you know, again, I'm like very fuzzy on the details and don't understand the back and what I suspect would happen, which would actually be a really smart strategy is, you know, introducing a bunch of progressive sounding initiatives to help like

women or POC invest, because then you have a captive population of normies that you can kind of incentivize, like pump the market with all this dumb money that you can exploit and take advantage of. Right. But they're the right kind of normies. You get rid of your like white supremacy or domestic terrorism problem. So I wouldn't be so, I mean, a lot of the stuff is already, you know, remember like Elvest? What's Elvest? It was a, it was like a, an app to help women invest their money that made me want to detonate the best tampons. Yeah, seriously. They were like, yeah, detonate. Yeah. They're like, so in exchange for some tampons and glossy products, what happened to glossy? They're just like off the map all of a sudden. What do you mean?

They're still around. I haven't seen any, I haven't, like, I haven't gotten any Instagram ads. I haven't seen any like subway ads, nothing. No, they're still kicking. Okay. They have a move over glossy. There's a new makeup brand. Save it for the spot. Don't blow your load too soon. Yeah. But yeah, I mean, but I think like the strategy will is perfect because it like kills two birds with one stone in the sense that it like injects the market with the strategy of like, wokifying. Yeah. Yeah. And it's a really nice compliment to the branding of the kind of general population of retail investors is like domestic terrorists or white supremacists or whatever

they're doing now. Right. Yeah. And one, a friend of the pod was speculating that there would be kind of a symbolic crackdown on hedge funds, more risky and shady behavior. Like, well, I'm shocked that shorting is even a thing. That's, that seems highly extremely unethical and insane and like should be criminal to like bet against businesses to fail. Yeah. And profit off of their like demise, basically. That doesn't seem, I guess that's the free market. I don't know. I mean, I mean, yes, especially if you're talking about productive businesses who contribute value to the economy, but yeah, but like by and large, most of the market and certainly most of the stock market or most of the economy and most of the definitely stock market is like comprised of like

totally nonproductive, fake and gay businesses that do nothing but shuffle money around for each other. Can we trade red scare publicly? I don't know. That's a good question. What do we have to do to get Indian finance guy? Do we have to suck off? Because we have a, we have a corporate, we're incorporated Anna. Yeah. Me and you were the direct, this is a meeting of the board of directors and literally the board of directors of red scare productions. So I don't know. Anyone out there want to give us some financial advice? Guys, we've got stocks, we've got shares, we've got options. And we can show you a graph of our Patreon growth and it's looking nice. Yeah, it looks great. Starts in the left goes right. The arrow down up. Yeah, the arrow goes up.

That's all green. That's all you need to know. God damn it. Yeah, we're like so so much. I don't yeah, this also really drove home for me. I was like, wow, there's so much I just do not understand. Yeah. Which is humbling. Yeah. You know, Eli was like, you know, Anna, you just have to um, swallow your pride and humiliate yourself and just learn. And I was like, you know what, you stupid faggot. You're right. You're right. Fine. I tried. I'm trying. I mean, but it's, it's just not from, it's not, I'm never going to have like grasp it. Have a literacy in finance. Probably not. But um, I think we're not enough real estate cerebrally. Oh, right. I thought you meant like, no, I mean, like in my brain, yeah, too much,

like YouTube makeup tutorials, just playing on a loop and stuff. Yeah. I know too much about astrology and other fake yet. Yeah. If I could somehow consolidate those two, those bodies of knowledge into finance, maybe I, I'd be onto something, but I would, you know, it's too late. Yeah, I think so too. No. I'm only getting dumber. Yeah. I know that that's how you know, it's again, like how you feel about drugs or tattoos. It's like really lame to pick it up at this point if you haven't already. Yeah. Like I would never, but like sometimes I do fantasize about like some guy, like some deity coming down from the skies with like an ice cream scoop and taking out that part of my brain that contains terms like Eckhaus Lada and Mariam Nasir Zadeh

and like microblading and I don't know. I don't want to forget about microblading. Yeah. But yeah. And injects you with knowledge. Just take, take, scoop that out and fill it up with option calls and game theory. Please. And Lindy. Yeah. And other stuff. Yeah. Statistics. Yeah. Just basic math. Yeah. Would be helpful. Dasha, I mean, you have an excuse because you went to a performing arts high school and then you went to a woman's college. Yeah. And you've always been submerged, immersed in the arts. Absolutely. As women should be. I, because I was like a little try hard trying to appease my dad, studied mathematics and economics for like half of my life. Yeah. Learn nothing. I learned nothing. What were you doing Anna?

I don't know. I don't know how I, how I took those classes and I'm not bragging here because I don't think this is a high achievement, but I had a 4.0 GPA. If somebody like me is nailing those classes, something with the system is horribly wrong because I don't understand any of it. I don't retain any of it. Economic. Yeah. I don't know anything about. You have a degree. Yeah. I have a degree in economics, not even in art history. It's pathetic. It's like actually shameful and embarrassing. I'm ashamed for myself and I'm ashamed for the American higher education system. Yeah. That's what, that's what those, these like stock guys, that's what they study is econ and stuff, right? They go to business or they go to business school. Okay. Well, you didn't go to

business school. Don't be so hard on yourself. Yeah, that's true. I watched Shark Tank. I watched Williams and I'm still not business savvy. I know. No, we're okay. We're, we're learning. We're getting, yeah, God, we could be worse, but we're learning through experience by actually doing it, by actually being banned by Shopify or a legally threatened by BIC company. Yeah. Fuck big. Fuck big. They wouldn't print our lighters. Yeah. Because they said that they don't print political messaging on BIC lighters. And when we pushed back, they said, Oh, well, your Twitter got taken down. That seems like an inside job. That's actually crazy. There's some higher ups at BIC who are not fans of ours. Yeah. I'm going to short BIC short BIC. If you,

if any Wall Street bets users are listening. Yeah. Let's should we talk about that proud boys guy? I guess we handled all the stock stuff. Yeah, we nailed it. We front loaded knocked it out of the park. Yeah. Yeah. So speaking of white supremacists, the founder of the proud boys turned out to be a FBI informant. Founder of the gay guys. The Guardian gave bags LLC. I want to start a brokerage that's like just like for gays for girls and gays. Yeah. You know, that's a good idea. Well, I told Dan Allegretto back in the day was like, because, you know, he's, he's all about like fixing cars and shit. And like, he actually knows a lot about cars, which is shocking for,

for such a limp-wristed individual. But I told them like, dude, you live in Bushwick. This is when he still lived in Bushwick. Start. I mean, he didn't have any capital, but I was like, find an investor and like start, start a car repair for girls and gays because that shit is very intimidating when you have to get your car fixed and you go and there's like, yeah, and they swindle you left, right? Just like the doctor. Yeah, exactly. But if it was just like a friendly woke rainbow colored. Yeah. And they sold I might even learn to drive. Yeah. So in repertario, the leader of the proud boys, I thought Gavin McGinnis was or wait, what's that guy's name? Yeah, Gavin McGinnis was the leader of the proud boys. No. I think he had

something to do with them, but I am just assuming that they have like, for your terms or something like, like the American presidency. Well, I guess it came to light that he has a past as an informer for federal and local law enforcement, aka FBI, working undercover after he was arrested in 2012. It's a weird article because it doesn't really make the connection between the proud boys being feds kind of glosses over it. But an FBI agent called Tario key component and local police investigations involving blah, blah, blah, I think he was arrested for drug charges, and then ended up like, working for the feds to get a more lenient sentence, I guess, is what I deduced from it. But clearly inside job. No. Yeah, I mean, this all feels very circovian. I the feds are clearly

funding certain alt right elements, and they're clearly funding certain antifa elements. Right. And I feel like it doesn't even matter if, you know, those elements know it themselves. What do you mean? Like they probably don't like it's all siloed, you know, you don't know who you're working for. They're doing the bidding. Yeah, of the feds even. Yeah. You know who I think is a total fed, by the way, Richard Spencer. Yeah, that guy's like the Teflon dawn of white nationalism. Nothing sticks. Yeah, people get banned. They lose their jobs. That guy's still around. He's going to get an MSNBC showmark my word. Like he's just like, he's always around. He's always right here first. He follows me on Twitter, that guy. But it's cool now because

I know. Yeah. I don't think he follows me. You know, who does follow me? Yeah, how many despicable people follow you? Sir Novich does, I think. But I don't, I don't have a, I don't have a tally. Yeah, it's hard to say. Sometimes, sometimes I'll look at somebody's Twitter and be like, oh, they're following you. I probably shouldn't publicize that. Stephen Malekness follows me. Who's that? That guy from Pavement, the band. Oh, that's cool. Really cool. Nice. Anyway. But I think, yeah, no, totally. I mean, I think like just like my two predictions that Chamath guy is a snake and Spencer's a fed. Those are my two predictions for the pod. Cool. I'm just gonna lay it out there and semi clairvoyant. I just made some

predictions. I've predicted when people accidentally, when people are going to die or commit suicide, which sucks. I don't want that superpower. You don't want that power. Yeah. You don't want that smoke. I mean, I honestly would think I was a fed if I didn't know any better. Yeah. Well, that woman read Kahina, thanks for feds. She thinks everyone's a fed. She's out of her damn mind. I like the way her mind works. What's her deal? She's like a libertarian or something. I think she's like a communist or like a Maoist or something. Okay. I'm really over the label. I mean, me too. But she's not horrifically boring. I think the jig is that Twitter. Yeah, she's entertaining. Yeah, she's entertaining, which I appreciate. Like, you

know, I give credit where it's I think she's like an heiress or something. I call these deranged Twitter users are. Yeah. And so she's like deflecting probably. I mean, yeah, look, I mean, she probably has her own ties to sometimes I get like really hormonal and sensitive. I'm just like, how could they think I'm a bad person? But then I'm like, okay, from the outside looking in, I'm obviously a fed and obviously a fucking bitch. Yeah. They don't know you like, you know, like I know you. So point the point is well taken. I guess, yeah, I would look at my my thing is I look around and some of these people who are like accused of being feds. And I think like, but they're so fat and stupid. I think like, well, I guess like America is not is not known for the

competence of its no intelligence. Yeah. Yeah, I don't think I would be a good a good spy. Really? But why? I'm just a little too like lazy and like reckless and just I'm not careful. I'm sneaky. Yes. But you'd leave your freckle pen in the hotel and they'd be able to trace you. I'd leave a trail of freckles that they could just yeah, or I'd like get drunk and like complain about being a spy is stressing me out. Just like so hard to spy on people. Oh, God, I'm over it. Just like I have to go to Italy for this film festival. Really, it's to spy. It's to shoot someone with a silencer. It's just you know, there's like a tiny needle with poison in the freckle pen. So when you they'd get me so I know, I hope we have. What else happened with this dork?

Is it just me or I feel like none of this kind of stuff really feels momentous or meaningful after they took down the mob? You know, like all this feds, it's like, okay, so you helped crack a gambling ring or like yeah, informed on some like marijuana growers like congratulations. Well, maybe I don't know. History seems to be cyclically kind of repeating itself with like Spanish flu, COVID stock market crash, game stonk. It's like, maybe we'll get another like kind of mob prohibition era, roaring twenties kind of vibe soon. Maybe organized crime will kind of get a little bit more leverage in some way. That's my prediction. That's my trend forecast. I hope you're right. And I hope that something glamorous like that happens. I just feel like

we're gonna live screaming twenties in a world of like, annoying, sour post lived hards. The great reset. Yeah. Oh, yeah, that's coming up. When is Davos? Happened already today. Did all this stuff go down to distract us from from the fact that it's going on in Switzerland? Well, they can't stop me from googling Davos on my phone. Puppet master George Soros in the sky. End of January. Okay, coming up. I mean, this is the end. This is the end of January. I know today's the 29th. When is it? Oh, it's today. Oh, fuck. No, it was, it already happened. Okay, oops. Okay, so it's our it's been set in motion while we were watching the stocks. Yeah. They were, you know, they're going to be

preparing our pods. My other living prediction, which is like really also humiliating is that they're going to make a movie about this, starring Jonah Hill and fucking Bradley Cooper. And it's going to be embarrassing as hell or worse. They're going to make a mini series about it. I wonder because yeah, because Adam McKay can't do it because he's already kind of maxed out in that with the big short advice and that he's like, he's not going to be the one to do it. So I don't know if it will be Jonah Hill, but he would be a good, he'd be good casting. But yeah, that was my first thought before this was like, great. Yeah, they're going to make a why? Because he's fat and Jewish? Would he?

Yeah, at least someone will play Elon Musk. It'll be a Christian Bale would make a great Elon Musk. Totally. Yeah, he's similarly fine featured. He'd have to gain some weight. Yeah, but he loves doing that. He loves fluctuating for a role. Maybe McKay will do it. Yeah. Margot Robbie can play grimes. Cool. There's a scene in the big short where Margot Robbie is sitting in a bubble bath with a glass of champagne explaining what shorts are. And it's like, it literally just like fades into it. It's like, here's Margot Robbie in a bubble bath with a glass of champagne explaining what shorts are. And she opens and she's like so hot and she opens her mouth and she has an Australian accent. Yeah. And it really ruined it for me. She's Australian. It's like,

Oh God. Yeah. A lot of actresses are out there. America Ferrera's AOC. Perfect. Perfect casting. I should just become a casting director. I'd be in it. Yeah. You'd play like the podcaster that cracked the whole thing wide open. Yeah, we'll play ourselves. Yeah. Oh, Ella M. Hough. I don't really have much to say. I feel like I have nothing to say about her. Signed to IMG. Yeah. It doesn't seem like she needs a modeling agent, not just because she's dog faced because it seems like she's already so has achieved such visibility and such a profile that she could just kind of source her own modeling opportunities if that's what she wanted to do. But I get it's all PR. It's all. Yeah. Can you, I mean, I don't know why she would

need to model period. She simply does not. It's overinflated. I mean, it's a bubble. Yeah. It's another, well, it's another sign of institutional decay. Not to be a gay nerd about it, but like really. Yeah. Just words don't mean anything anymore. Everything's just symbolic information circulating in a new sphere. What do you think she's going to model for? I don't know. Like, what is it? Who? What self-respecting brand would? Because I was a lot of kidding. No, even they wouldn't. They wouldn't. They wouldn't stoop so low and they've casted me. Yeah. No, they do a good job. But yeah, no, everybody. No, but it'll be something like that. It'll be some like macaronias. Yeah. You know, like knitwear, alt brand. Maybe she could model for Kamala's

niece's perfect brand of perfect synergy. Ugo girl, sweats. What does it say? Extraordinary Asian. Yeah, something like that. Excellent. Black excellence. Do you think Kamala feels bad? Do you wish she has to deal with like her bratty white step kids? Definitely. She must really hate them and I don't blame her. Yeah, she was not trying to have kids or to interact with youth in any capacity. And I'm sure she resents her like Parsons attending armpit hair stepdaughter deeply. Yeah. Well, yeah, well, that's how you know leftism is over because Ella Emhoff has all of the trappings of a leftist, but like this is a type of person who would be who's right up in the in the halls of power DC. Yeah, but she like looks like a typical Bushwick leftist girl,

you know. Yeah, I really think that that's my biggest prediction. I'm shorting leftism here and now it's over. I think it's over as the market maker of leftism. I put it on the map and I'm taking it back. It seemed politically advantageous at the time. It seemed like there was momentum and I think it had shaken out poorly in the marketplace of ideas. And now we got to get creative and figure a new a new a new way fascism. That's brilliant. It's just like so powerful and they have such a great aesthetic. Oh God. Yeah, I don't know. I'm glad it's over because I'm glad of pretending to pretend not that I ever you never you never very smartly never identified as a as a leftist. Yeah. So you don't have any renouncing to do. Yeah, I don't

have to go to church and say, you know, I'm open to it. Yeah. If like, you know, I fell for for Bernie twice. I'm definitely susceptible. But there just doesn't seem like there's any, any like energy. There's no I don't have any libido for it. Yeah. And now I just want redditors to try to try it. It's a Hawk my $21 thong. Yeah, which are very nice printed on Los Angeles apparel made in USA made in USA made in USA very nice quality for us by us pre shrunk looking great on that as we wore them and then we watched them. And so you didn't have to. Yeah. If you have a girlfriend, she's gonna love it. Yeah. Yeah. Anyway, I think I think we're done. We're done. We can call it. Yeah. See you soon.