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posted ago by Milkpowder44 ago by Milkpowder44 +57 / -0

I was in my early teens during the '08 crisis. I vividly remember the enormous repercussions that the reckless actions by those on Wall Street had in my personal life, and the lives of those close to me. I was fortunate - my parents were prudent and a little paranoid, 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.

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 taste like? My friends 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 friends' dads for odd house work. 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'm 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 CNBC: 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 is a list of CNBC sponsors and partners. They include, but are not limited to, IBM, Cisco, TMobile, JPMorgan, Oracle, and ZipRecruiter. Their parent company is NBCUniversal, 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 effected 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 bet. 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, 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.

Comments (13)
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DaLoneVoice 5 points ago +5 / -0

It was a great example of showing the power of Americans in numbers using their dollars to effect change. Sadly, it was targeted at the wrong people for any real lasting changes and in the end those stocks will go back to their fair (market term) value.

This same action by the internet in the right place could literally cripple the world's banks and every wallstreet firm on Earth while moving the wealth back to the people. But there was no brains leading this awesome attack on the corrupt manipulated markets.

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MsAnthropic 4 points ago +4 / -0

Maybe, but it showed what’s possible. You think this won’t happen again, and be more targeted next time?

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loverat 2 points ago +2 / -0

They are looking at shorting Silver and gold because it's obvious that market has been manipulated for years.

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Truthdose 2 points ago +2 / -0

...cripple the world's banks...

uhhhhh..........................You know what happens when you try to do that...

https://patriots.win/p/11S0l2E4gf/lol-thats-right-/c/

Memes aside, the elites will instigate wars before letting their banks fail

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Yianni1955 2 points ago +2 / -0

Don't enlist. Convince friends and family members not to enlist. (Military life sucks and doesn't pay very well , so this should be easy.)

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Truthdose 2 points ago +2 / -0

Indeed...

The military as a whole is full of BS and should have collapsed after the failures after 9/11...

You should have stopped believing in them after the invasions...

The military is full of BS anyway...it should have collapsed after 2004...

There is no way the draft would EVER work now...people would be exposed to the HORROR of what the military does and, quite frankly, is...

WAR | What They Won't Tell You!

The Truth About How The US Will Save Syria(in particular, 44:00 to end)

Iraq: A Decade of Hell

Turkey vs Europe: WAR?!?(start at 28:30)

The Unreported Facts About Libya | True News

Endless War | Scott Horton and Stefan Molyneux

American Detention Has Nothing to do with the War on Terror | True News

'Empire of Corruption' - A Conversation with Karen Kwiatkowski

The Empire Strikes Out - The US Economic Crisis

War and the Price of Empire | True News

House, MD - The Real Cause of the Current Financial Crisis

Ten Lost Years | True News

Think it is over?...

Uncovered: The War on Iraq

'Empire of Corruption' - A Conversation with Karen Kwiatkowski

HELL NO

The military discards broken soldiers

This is a leftist channel, however, they were not nearly as bad then as they(as all democrat leaning media were) are now

The Untold Story of War: U.S. Veterans Face Staggering Epidemic of Unemployment, Trauma & Suicide

Drugging America's Veterans: Painkiller Abuse Spreads As VA Becomes Vets' "Drug Dealer of Choice"

This one was made by Phil Donahue, an enemy of the warmongers at the time...so much so that he was "cancelled" by MSNPC

Body of War

Another...

Other Than Honorable: Army Strips Benefits of Wounded Veterans by Kicking Them Out for Misconduct

Probably the blackest pill of all...

Invisible War - Depleted Uranium and the politics of radiation

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DaLoneVoice 1 point ago +1 / -0

I know, you are correct but what if people just said fuck you Ia int going to fight it...

We cant just let them rape us forever and do nothing

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loverat 2 points ago +2 / -0

Great stuff and I absolutely love what's going on. But the part where millenials want understanding from Boomers and GenX is a fucking laugh. Millenials have spent the last 10 years shitting on the former generations and accusing us of "ruining their lives" and "stopping them from entering the housing market" because it's all our fault "waahhhhh".

Clearly it's the elites that have fucked things up for the little guy - not your parents/grandparents you stupid fuckers. Should be enticing the older gens to join in - they have money.

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GrovPortion 2 points ago +2 / -0

Thanks for the share.

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TheEmoEngineer 1 point ago +1 / -0

WHERE'S THE SAUCE THO?

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AtariArtist -1 points ago +3 / -4

Meanwhile we post frogs.

How about causing real change. Like them? Did anyone get rich off of this place?

I'm guessing no.

FIGURE IT OUT

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loverat 2 points ago +2 / -0

It's nothing to do with money. No-one is selling the stock - that is the point. Buying in and not selling it - giving the company plenty of capital.

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deleted 1 point ago +1 / -0