Blog Credo

The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.

H.L. Mencken

Sunday, January 31, 2021

GameStop? JustStop!

 I didn't want to follow the GameStop saga, but here we are.

There are no "good guys" here. The hedge fund guys are atrocious people whose actions destroy the economy for people who depend in the shitty jobs at a place like GameStop.

The crew ruining the hedge funs guys' week are creating a bubble in the stock market at a time when the economy is teetering on the edge of collapse. Now is not the time to be experimenting with exploding stuff on Wall Street.

Also, the media apparently spent the White House briefing hammering this story, because apparently we've cured Covid or something.

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