Article V of the Constitution
The Congress, whenever two thirds of both Houses shall deem it necessary, shall propose Amendments to this Constitution, or, on the Application of the Legislatures of two thirds of the several States [currently 34], shall call a Convention for proposing Amendments, which, in either Case, shall be valid to all Intents and Purposes, as Part of this Constitution, when ratified by the Legislatures of three fourths of the several States [currently 38], or by Conventions in three fourths thereof, as the one or the other Mode of Ratification may be proposed by the Congress ...
Basically, enough states can get together and say go fuck yourself, DC, what you’re doing is now explicitly illegal and any law contrary to these amendments are now void. Of course, everything is on the table so it all depends on what states wanted the convention to begin with...
Trying to be like God is exactly why we got kicked out of Eden and the world is as fucked as it is. It’s quite literally the original sin, and should be rebuffed wherever it’s seen
They’re called STDs, and they’ve existed for a long time
Start with removing Ronna McDaniels (Mitten’s niece) from the GOP chair position. Get some actual MAGA people leading it and the rest should follow
“We can be retarded for longer than they can stay solvent” - some retard on r/wsb
So they wouldn't even go out of business.
Someone on wallstreetbets did the math and found out Melvin gets fully liquidated if the stock price stays above $175, and the other hedges are probably in a similar ballpark. (They) were really trying to tank it today and only managed to have it close at $195, down from almost $500 this morning. They’re completely, 100%, gigafucked. The only question is how they can minimize the damages
Friday’s the START of D-Day for these fucks. Their short positions close at end of day, so they’re required to buy every share on the market (and then again, and then another 40%. Don’t ask how they can short 240%, it’s too complex for the goy mind to understand). If a share is available, they must buy it, regardless of price. The hedge fund will be forcibly liquidated if necessary
If they can’t (because we refuse to sell), they have to start paying massive amounts of interest to the people whose shares they’re not returning. GME share prices will continue to skyrocket in the meantime until someone cracks and agrees to sell for a ridiculous amount.
The closest analog to this situation is VW in 2008. They were only 50% shorted and their share price got to $1000 at the tightest part of the squeeze. GME is 240% shorted. There is no theoretical upper limit to the price they could be forced to buy at. The hedge funds and the banks that back them now are gigafucked, it’s only a matter of time and how much pressure we want to put on them
I wrote up a quick rundown another thread. Definitely the funniest thing I’ve seen this year, and I won’t even be mad if this ends up triggering Great Depression 2: This One’s Somehow Worse
QRD
Melvin Capital shorts GME. It’s a sure bet since GameStop is a dying company with a dying business model
whole bunch of other hedge funds get in on guaranteed money
uh oh, r/wsb and /biz/ find out the outstanding shorts add up to 130% of the existing shares. They start buying shares and refusing to sell since it’s guaranteed profits
when the short positions comes due, hedge funds have to buy every share on the market and then another 30% if they want to avoid getting assfucked by the SEC and every bloodthirsty lawyer on the planet for breach of contract and breaking tons of laws
the positions close Friday EOD
weaponized autism knew this would happen. Price per share goes from about $20 last month to $145 at close yesterday
any price above $175 means Melvin does not have enough assets to cover the purchase and their bank is on the hook for the difference
Elon “based African American” Musk tweets a link to a WSB about the whole thing. Probably because of a grudge from when Melvin bragged about shorting TSLA
GME opened at $340 this morning and only stayed below $300 after hours
/biz/ is confident it’ll hit $1000 by Friday
since there is a buyer that MUST buy every share (and then some) by a certain time, there is no theoretical upper limit to the share price. As long as the autism continues to HODL the price keeps going up
shills are everywhere desperately begging us to sell
we’re about to see hedgies jump from windows in numbers not seen since 1929
That’s not entirely true. They have to prove Rudy hurt their reputation by knowingly lying about them. i.e., they have to prove what he’s saying is false. i.e., they have to disclose the very things they’ve been fighting tooth and nail to keep hidden They’ll either drop the suit or beg Rudy to settle before discovery happens
Something to get through Trump’s brain for next time: if Mitch etc would seemingly rather die than approve a cabinet pick, that means it’s a good pick. Keep them in the acting role, and leave nobody else for nomination to the permanent position
The easiest proposal: any proposed bill must be read on the floor by its sponsors in its entirety before debates or a vote is allowed. Anyone who is not present for 99% of this reading is also not allowed to vote on its passage. Any amendments to the bill must be read in the same fashion
Princess Kayleigh’s replacement. We’ve really gone downhill in the last few days
I missed HWNDU when it was live. Good God, that was peak 4chan. The memes made afterward...
Same here. I’ve been a loyal party voter for 25 years. No more. I don’t even care if the GOP dies a slow painful death, in fact I’d probably welcome it
Eric Swalwell has entered the chat
California here. We have our share of batshit insane leftards, but I can promise you that we did not honestly vote for Xi Jinping. FFS, there were Trump caravans and parades in Beverly Hills
Friendly reminder that civil disobedience can still have tremendous value in this climate. Violent revolution has its time, but I don’t think it’s now. Make the authoritarians work to keep you subjugated:
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ignore mask mandates (unless you’re in a small business who would lose their license for noncompliance). If you get a fine, fight it in court
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support small businesses wherever you can. Fuck Google/Amazon/Target etc
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(most important) if you get a jury summons, do NOT try to get out of it. Learn about jury nullification and cancel the bullshit laws
I saw all of the Q-style “trust the plan, two more weeks” as a nice to have, but not really likely. I think we can all agree now that either there is no plan, or it was thwarted somehow, so we need to figure out what to do now.
The upside is this: like you were saying, millions of people have been woken up. The genie is out of the bottle, and it can’t be put back. Now ask the question, what happens when tens of millions of people have a fundamental distrust of the “authorities” and believe them to be in power illegally? The people demand a change, but no legal mechanism is available to them. What happens then?
Note that I’m not saying to get violent yet. There is a time for that, but I don’t believe it’s now. There’s still a lot of value to be gained from civil disobedience. Refuse the mask and vaccinations. Organize traffic blockades around government buildings so they can’t work. Find patriots running small businesses and support them however you can, fuck the conglomerates. If you get fined, take it to court. Make them work for every ounce of authoritarian bullshit they want to push
Gov. Grease Hair
I’ve seen King Hair Gel on posters. That one’s almost better
I’m overdosing on hopium because I know what Trump’s personality is like. There’s not 30000 troops and concertina topped fence surrounding the Capitol for no reason. Someone is getting arrested, the only question is who.
In the “we’re fucked” category:
- the swamp is simply too large for one person to drain, even if he is a 12D hyperbackgammon master
In the “the swamp would prefer if instead the apocalypse happened and Jesus came back to judge them” category:
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Trump has an absolutely massive ego. His name is synonymous with success. If he could be in the history books as the guy who saved the republic, he’ll do everything in his power to take the opportunity
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Trump is notorious for not backing down from challenges
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Trump has always talked of getting revenge. His answer to “what is your greatest weakness” in the 2016 debates was “letting go of grudges against people who wronged me”
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Trump is a student of Sun Tzu and knows how to properly fuck with his opponents (see: “John Miller”). This is most exemplified by his tendency to leave his finishing move to the absolute last minute possible so that they don’t have time to prepare a counter
If we’re so delusional why didn’t they agree to a full audit just to shut us up?
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Bioluminescent
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Able to suck a lot of dicks
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No knowledge of a “Constitution” or its alleged contents
Not just that. People from outside of California don’t understand how much we hate this shit. If the recall is stolen from us, I would not be surprised in the least if somebody invited Newsom and the state assembly to join their hardcore Minecraft server