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Objectivism Online Forum


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OhNoesIStumbled's Achievements


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  1. There is a theme here that "the sky is falling." Please note that even after the financial crisis involving fraudulent Central Banks and The Fed (also a private organization), coupled-in with a housing bubble which involved fraud from the central banks, hedgefunds, real estate, et al, we as people are still kicking to this day. I have a different view than you. The Fed never panders to the masses. They pander to the Central Banks, and the Central Banks pander to their Short Hedgefunds and Investment Firms, all of whom are shareholders for public companies. Investment Firms provide the funds to their politicians, and the Fed instills policies that align with the motives of the Central Banks. I'm looking at Goldman Sachs, Deutsche, US Bank, JPMorgan-Chase, etc. The masses are peasantry. Investment firms hold the power. Mayhaps you ought to be more concerned with the fascist policy of bailing out an entire financial industry under the slogan "too big to fail"? Fascism is here in its plutocratic form, and most are waiting for the ball to drop on individual freedoms. You'll know it's fascist when the banks break the laws that are meant to protect investments all-the-while receiving a bailout from their politicians-in-pocket. Naked short-selling is an illegal practice, and market-makers/hedgefunds are currently engaging in such practices to kill off companies so they do not have to buy back their counterfeit shares. This also enables larger companies, such as Amazon, to take over market share while bypassing the need to buyout a competitor. While the CEO of Amazon can't short-sell his competitors, his investors sure can. Counterfeit shares impact entire markets. The fines for engaging in such practices is lower than the potential gains. The pandemic is the black swan event, and hedgefunds used a disease/crisis to naked short an economy. The flash crash of March 2020 was not an accident. It's no accident that in 2020 alone, Citadel Securities and Goldman Sachs provided Janet Yellen $700K in "speaking fees," fees which outweigh her yearly salary of roughly $250k. They have The Fed (private), Yellen and the Federal Government, and fines without prison time, to control the money supply so that margin calls do not occur for their short interest. It's all fraud. Always has been. In all this, however ... people will still be people. The world will still spin.
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