Monthly Archives: January 2021

GAMESTOP AND REDDIT

Ok I told some of you I would explain what’s going on today and so I will. I wanted to make sure I remembered correctly from my MBA days so I checked it out and I did.

First let me explain what short selling is. If you think a stock is going to drop a lot, you borrow someone else’s shares with a promise to return them in a specific period of time, usually through your brokers. You then sell them at the current price and then buy them back at a much lower price and return them and profit from the drop. For example if you sold them at $100/ share and then bought them back at $20/share you make a tidy profit. And I’m not going to go into margins which allow you leverage your place even more because I want to keep this as simple as possible.

Now let’s talk about GameStop. It’s basically the Blockbuster video of today. It’s a brick and mortar company selling video games. It is failing because that’s not a good place to be today and even worse because of the whu flu. I have been to a GameStop but it was at least twenty years ago with my kids. I don’t play video games other than the original space invaders in an arcade many many years ago and I was quite good.

So to get back to the point, hedge funds decided to short GameStop and to hasten the decline of the stock, they used their positions with CNBC and other media outlets to trash the company. What they didn’t count on was that the little people would strike back at them.

Enter Reddit. They got a group of small investors to start buying up GameStop shares thus driving up the stock price and eventually costing the hedge funds billions because the stock went up instead of down. (For an example of how this works I recommend you watch Trading Places with Eddie Murphy and Dan Akyroyd and I would be remiss if I didn’t mention Jamie Lee Curtis’s double contribution.)

What you need to take away from this is that the stock market is constantly manipulated by the big guys and for once they got their comeuppance.

Hopefully this has helped explain this whole deal.

CHINA JOE

I should have done this yesterday but just in case you missed it buried in one of Biden’s executive orders was a provision canceling a Trump EO from back in I believe June which forbid anybody in this country who is part of the electric grid from using any parts or components that were made by basically China and secondarily Russia in anything connected to our electric grid. The Order was the result finding that components from China had malware in them that could give China control of our electric grid and the ability to shut it down.

Inexplicably, Biden cancelled that and his mouthpiece Psaki had no answer for why an obviously needed action was canceled. Joe is the China puppet that Trump was accused of being for Russia. Should be grounds for impeachment if the Republicans take back the House in 2022.

GUEST RANT

Today I am posting a guest rant. I have offered a few fans the opportunity to write a rant and one finally took me up on it. His nom de plume is “A Little Slick”. And without further ado:

The world’s newest dictator took office 6 days ago

Joseph Robinette Biden put his left hand on the family bible, raised his right hand, repeated Supreme Court Roberts’ words and became the newest dictator in the world. During the days before the election and since this master uniter rarely takesquestions. He stands and walks away.

Suddenly, the new president wants to put America first. Mr. Ukraine and China himself. I may be confused, but didn’t his predecessor for the last five+ years say this? Didn’t he get criticism from all the liberals to include our current president? Fascinating good news. Only buy products made in the good old USA. Where else did I see signs touting ‘We proudly sell products made in the USA’. Have you ever heard of Walmart? Then the children took over…

His mouthpiece, Jen Psaki listens to her questioners and several versions of garbage find its way out of her mouth. We all know red heads are feisty and its only a matter of time until the briefing room takes on a new adversarial atmosphere.  Listening to her is like hearing the chief excuse maker for her boss. When questioned about China she has no definitive answers to the questions.

It’s apparent the far left is telling ‘Uncle Joe’ and ‘Red head Psaki’ what to do. The decision to have the American taxpayer pay for the homeless people’s bills staying in San Francisco’s hotels is ridiculous. Each person is costing you and me $8141.00 per month! There’s no way ‘Uncle Joe’ came up with that one on his own. 

Getting back to ‘Red Head Psaki’ for a minute, she makes the comment over and over again how ‘Uncle Joe’ is going to work for all the people. Funny, I think former President Trump actually did work for all the people. Are ‘Uncle Joe’s’ policies going to get the unemployment rate back to 3.5%? Is he going to equal or exceed former President Trump’s success with the lowest unemployment rates in history for the black, Asian, Latino and women – not in his lifetime!

I want every American taxpayer to pay attention to ‘Uncle Joe’s’ compassion for the union workers or, lack thereof. With a stroke of his pen, he fired 11,000 union workers. Secretary Buttigieg told the now unemployed workers they’ll be able to find good paying jobs elsewhere – where, on trees? Who’s next? Let me see, the Canadians are more than likely swooning over that one. Their support company, TC Energy will be eliminating 1,000 jobs. I’m sure they wanted to lay off a thousand citizens because ‘Uncle Joe’ caved to the environmentalists. Way to go Joe! I almost forgot climate change is real. You bet it is. The climate’s been changing since the dawn of time. I have been checking the official CO2 readings for more than three years. It has been fluctuating between 392 – 420ppm. Yesterday it was 415.71ppm – I rest my case…

I predict we’ll be better ‘partners’ with our Middle East friends by buying their oil again. So much for energy independence…

Lastly, hang onto your wallets. ‘Uncle Joe’ continues his tax raising policies, has rejoined the Paris Climate Accord and the WHO. Someone has to PAY THE BILLS. Each and every LEGAL citizen will be paying $1500 more in taxes to pay for this nonsense. Somewhere out there, paradise is just a stroke of ‘Uncle Joe’s’ pen away for the very rich.

P.S. I know the author well and he’s not even a little bit slick. LOL!

BTW

Just in case you don’t know five environmental impact statements were filed on the Keystone XL pipeline and every one of them concluded that it would have no negative impact on the environment and Obama did it anyway without rulemaking. It should have been challenged then and should be attacked now.

BIDEN’S EXECUTIVE ORDERS NEED TO BE CHALLENGED IN COURT

First the Attorney General of Texas has filed a lawsuit to prevent Biden’s executive order that stopped deportation of illegal immigrants who are criminals from being deported. Hooray for him!

Other AG’s need to stand up and challenge other Biden bullshit. I am particularly referring to the Keystone pipeline. This job killing anti American nonsense needs to be challenged. Remember that Obama unilaterally, without going through the Administrative Procedures Act rulemaking process implemented DACA and then the Supremes inexplicably determined that Trump couldn’t change it without going through the APA rulemaking process. Okay, so why can Biden do that with the keystone pipeline? Take the case to the Supreme Court and let them try to explain the difference!

PREDICTABLY

I am pretty sure that I predicted that COVID would become less of a concern after the election. What I didn’t count on was the post election uncertainty. Now that illegitimate and dementia compromised Biden has been inaugurated it is happening.

First the WHO, which China joe has now rejoined, one minute after Biden became president they declared that a single positive test wasn’t enough to count as a whu flu case. You need health care professionals to delve further because there are so many false positives. So now you need actual symptoms and a traceable contact with someone who actually has the virus. This will greatly reduce the number of cases reported to the benefit of the Biden administration. Cases will decrease and Biden will be credited even though he did nothing!

Second, the CDC has now rewritten the rules for what counts as a whu flu death. You know I have previously ranted about the bs rules that counted anyone who tested positive for the virus as having died from it — even people who died from gunshots or traffic accidents. Now that their brain dead hero has been installed, all of a sudden the rules change. What a surprise. Not!

These two changes alone will be used to proclaim that Biden is doing a much better job than Trump even though it’s total bs.

And sure enough we are told that cases in North Carolina are decreasing. Amazing!

The other thing I want to comment on is McConnell once again rolling over. He agreed to postpone the bogus senate trial until in February. If he was anything other than a swamp rat member of the political elite class, he would have forced them to play out the farce and kept Biden from getting his socialist nominations voted on for several weeks. He needs to be removed as minority leader because he doesn’t lead the actual Republicans. The 75 million who voted for Trump don’t give a damn about McConnell. They know he’s part of the problem not the solution. And he is facing his last term in the senate if he votes against Trump in the phony impeachment. In fact he will be out either way because Trump will get him primaried and defeated in 2026. Mitch you are a legend in your own mind and have been exposed for the swamp creature you are.

And lastly, just to be clear there is no Republican Party without Trump. 85% or more of Republicans are in the Trump camp and the the RINO’s dream of going back to the previous status quo is delusional. They will either fall in line with Trump voters or get wiped out. Failure to see reality will result in their extinction. If they don’t pursue the Trump agenda, a new party will be formed and RINO’s will be an afterthought in politics.

A COUPLE OF THINGS

First, I saw today that Liz Cheney is being primaried! Hopefully the same thing will happen to all swamp RINO’s.

The other thing is that I heard on Rush today that the Washington Post published an online article today in which they say that Trump did not incite an insurrection. That it was planned weeks in advance by a few militia groups over the internet and the FBI knew about it and that as I have pointed out repeatedly the timeline doesn’t work. The riot started before Trump finished speaking and possibly before he started.

Now I bring this up because Rush considered it part of the new freedom that the msm has now that Biden is in office. That may be the case, but I think something different is at play. I think that they all know that the impeachment was pure bs and that an unconstitutional trial in the senate would totally expose the scam. This is their way of signaling that it should be dropped. They got the impeachment and they won’t get a conviction, they’ll just get exposed.

THE TURTLE TOTALLY EXPOSED

I could rant about a lot of things but I am sure that most of you already know that the socialist left is now totally exposing their true self. The constant calls for eliminating right leaning platforms and channels and wanting to deprogram us in re-education camps is out for all to see. These people are communist.

Now for the reason for this rant. Mitch, the turtle, McConnell came out today and said Trump incited the riot on January 6th by talking about what is known on the left as the “big lie” namely that election fraud resulted in Biden’s election. What we’re really seeing is that the swamp is circling the wagons to go back to the globalist first, Americans last of our political class. BTW Peter Schweitzer has exposed the fact that McConnell’s wife’s business is Chinese supported no doubt affecting the family wealth!

The swamp is totally exposing itself. Mitch, your bullshit might have been excusable on January 7th, but we now know that the riot was pre-planned and the FBI knew about it. We also know that BLM and Antifa operatives infiltrated the crowd posing as Trump supporters. Lastly, it has been established that the riot started before Trump even finished speaking. So he can hardly have incited it.

I am surprised that the RINO’s are so eager to expose themselves. Liz Cheney was censured by the Republican Party in Wyoming today for her nonsense that I ranted about previously. And all the deserters will be primaried and hopefully defeated in 2022.

The swamp has made it clear that the litmus test for acceptance into the club is requiring people to ignore reality and claim the election was above board and totally legitimate in spite of all the evidence I have chronicled here previously. They know the election was stolen and want to shut up the truth!

RINO’s

The person who said that he was concerned because he thought that the Dems would destroy our country told me that he was really concerned that the RINO’s would cave to the left. Here’s the problem with that. The RINO’s in the senate will never vote to end the filibuster because it would render them irrelevant!