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WWIII, Robinhood and the 2021 Battle of Wall Street

January 26, 2021 a significant event began on Wall Street

Remember this date. Remember it well. It marks the beginning of one of the battles in the undeclared war that has been going on for the past few years. And it truly is a World War. It is being fought on multiple fronts all over the world. It is an undeclared war, and its players are working behind the curtains. And if my guess is right, there are factions operating even within single countries or governments.
But do you wonder why you have not heard about it through the Lamestream News? Why is it not on the tip of everyone’s tongue. Is there a body count? Machines of War? Hatred of one side vs another?

Target Wall Street – Cyber war with a Phantom Front

For people who do not follow financial markets, the ups and downs and machinations of the markets are pretty much ignored. You hear headlines like “The DOW is up 50 points.” Or “NASDAQ is up 10%.” Or There was a run on long term bonds. If they say its “up” people feel good. If they say its down, people feel negative.
Or any number of things like that. But if you do not have investments or read the Wall Street Journal, you do not pay a whole lot of attention.
Financial Markets can no longer be said to exist in a single location. There are Stock Exchanges all over the world in many major cities. But to be honest, with an online world there is little or no need for the actual locations – Tokyo, Honk Kong, Shanghai, , London, New York, Chicago – there is about 25 of them spread out across the different time zones.
Despite the locations, most of the trading goes on in cyberspace – online trading by brokers and individuals all over the world.
If you have been paying close attention to this story, you likely know a hell of a lot more about it than I do. Because I have honestly only been following the headlines. BUT FRANKLY – the headlines seem to be telling a HUGE story that the lamestream is just ignoring or covering up. So let me sum up.
1) Reddit group declares war on large fund managers and their practice of Shorting underperforming stocks. When the Fund Managers short Gamestop (causing the price to go down), members of the Reddit group go all in buying up the stock causing a run on the stock and the price goes through the roof. (I would call this something like the Movie Wallstreet and they pulled a “Blue Horseshoe Loves Gamestop”)
2) Gamestop stock goes artificially wild. Big Fund managers lose Billions of dollars. A bunch of kids make thousands in the process. AND they embarrass Wall Street.
3) BIG MONEY and BIG TECH attack back and shut down the App Robinhood – effectively shutting down the rogue guerrilla attack. Many of the Reddit Group members were using the Robinhood App to make their purchases.
4) BIG MEDIA joins the fight with the hit-piece story of the poor 20 year old boy who was allowed to trade options on Robinhood. Received a series of emails claiming he lost over $700,000. Tried to resolve, but Robinhood had no live customer service. Pimply 20 year old kills himself. Next day Robinhood emails him say it was all a mistake. Story broadcast all day Monday on EVERY News station. I heard the ladies on The Talk discussing it – and giving first hand accounts of using Robinhood and how they felt it was aggressive and untrustworthy.
5) BIG TECH make further moves to control or deplatform other Apps that might offer advantages
6) BIG GOVERNMENT gets involved, calling Financial types and Big Tech to come and testify in front of the Democrats in charge to figure out how all of them can “control” things better.
During the course of the run of the Gamestop stock, it began at about $6 (having been driven down by the large fund managers from about $20). It shot up into the 300’s. It settled between 50 and 80. And it is still wildly fluctuating. Thursday February 26 it rallied to about 180 before calming back down closer to 100. March 8 it pushed over 200 again. All for a stock that was pushed to the brink under 5 a month ago.
What everyone understands about this run is that is has nothing to do with the company Gamestop itself. They were being mismanaged and the business model was failing – a one year pandemic where gamers could not go buy stuff at stores nor had the money to do so was also part of that. When the financial markets decided to “cancel” Gamestop, the Reddit group  found a loophole and attacked. Was it the angst of a whole bunch of dorky unshowered  gamers fighting for their favorite store location to buy new games or Pokemon cards?
I think not. There is much more to it that that. The reaction of Big Finance was way too heavy handed for just a small battle. This is not a skirmish on the battlefield of WWIII. This is a campaign. And its a whole new battlefield with completely different weapons than we have ever seen.

Who are Some of the Players in This Global Kerfuffle?

I came across this version of the global power pyramid watching the movie Thrive. And for anyone who hasn’t seen it, its free so go watch it. It came out in 2012 or so and is still one of the best red pill movies out there.
And the red pill moment is when they point out where the global power structures really are. As you can imagine, all of us little guys are on the bottom – holding up the people above us.
In our little worlds, we might think that it is the Government that is on the top. We vote for them. We put them in power. They work for us . . . WRONG!
It is not the US vs China vs Russia. Governments are much smaller players than they may appear.
The people pulling the strings keep themselves firmly in the background. They have amassed fortunes that most cannot fathom. And they are in the background fighting with each other. Money controls everything. And control of the money making ventures. Energy. Pharmaceuticals. Credit.  And even these industries are having their strings pulled.
Its doubtful any of us know whose side we are really on when you hear about world events. Are we the good guys? The bad guys? Uninvolved?

So What Happen’s When David Hit’s Goliath Across the Forehead?

The message (or shot across the bow) that was sent to the financial markets is multifaceted. 1) People are wise to their market practices, 2) They have learned from Sun Tsu and know that war is fought with a single battle or on a single front.
This is more that two men on a battlefield. And the battle will be decided by a hell of a lot more than a single rock.
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Wealth Wednesday – Bank Locally

Thrive - What on Earth will it take?
www.thrivemovement.com

In choosing themes, I am honoring Wealth Wednesday. This is not my idea by any stretch of the imagination. But for following sovereignty and personal rights, our financial life is something we need to be paying attention to.

I have swiped a post from one of my favorite sites (www.thrivemovement.com). This it the official site of Foster Gamble for his documentary Thrive What on Earth Will It Take.

In the movie he makes the case for what we have to do to THRIVE in this world. The movie reveals some of the macro forces behind the financial elites in this country. And then suggests advice on how each of us can exercize our own personal sovereignty for the good of the Earth

BANK LOCALLY from www.thrivemovement.com

Align your money with your values.

Centralized banks are the main funders of environmentally harmful industries such as nuclear, coal, and clear cutting logging companies. They are also responsible for the most recent economic collapse that caused people around the world to lose their homes, their jobs, and their retirements. They use customer’s deposits to make these destructive loans. Are these the projects you want to keep supporting with your deposits? If not, then pull your money out of centralized banks and find a community bank or credit union that invests in good local community projects.

If you bank at one of the following banks – aka the “Tapeworm 20” – we recommend pulling your money out immediately and finding a better alternative.

1. Bank of America, US
2. JP Morgan Chase & Co., US
3. HSBC Holdings, UK
4. Citigroup, US
5. Mitsubishi UFJ Financial Group, Japan
6. Industrial and Commercial Bank
7. Wells Fargo & Co., US
8. China Construction Bank Corporation, China
9. Bank of China, China
10. Royal Bank of Scotland, UK
11. BNP Paribas, France
12. Barclays, UK
13. Banco Santander, Spain
14. Agricultural Bank of China, China
15. Credit Agricole, France
16. Sumitomo Mitsui Financial Group, Japan
17. Mizuho Financial Group, Japan
18. Lloyds Banking Group, UK
19. Goldman Sachs, US
20. UniCredit, Italy

A 3 Step-Guide to Move Your Money to a Local Bank:

1) Gather a list of local banks and credit unions.

You can usually come up with a list by calling your Chamber of Commerce, contacting a local credit union and asking about other local banks, or by using the yellow pages. Facebook and other friend-based social networks can help you learn which banks are best. Many local Banks and Credit Unions will also help you distinguish the real local establishments from those simply trying to sound community-based.

Don’t be fooled by the name…Union Bank of California is owned by Mitsubishi in Japan and funds some of the most destructive logging ventures on the planet.

if you live in the U.S., you can also enter your zipcode here to find local banks in your area. Another useful resource is moveourmoneyusa.org.

2) Evaluate the banks by calling around and visiting their websites.

The first and most important questions you want to ask are:

  • What percentage of your money is loaned locally? (The more, the better)
  • Are you owned by a bigger bank or do you intend to be bought-out? (If so, find a different bank) 
  •  Are you FDIC insured? (Never put more than $250,000 in one bank)

3) Consider your own needs and what the bank offers to make your final selection.  Is the bank doing what you care about and offering services that are important to you?

Some things you may want to consider:

  • Does the bank have a good reputation in the community?
  • Is the bank committed to supporting local businesses, environmental stewardship, social and economic equality, and other values of particular importance to you?
  • Are employees at the bank paid well, local, diverse, and seemingly cared for in their jobs?
  •   Do they have sound business practices and financial statements? Analyze their annual reports.
  • How close would you like the bank’s location to be to your home or place of work?
  • What are the hours of operation? Does this work with your schedule?
  • Does the bank have good customer service?
  • What are their ATM fees? Are there multiple ATM’s in town?
  • Can you access the bank or credit union through international ATM machines to make travel easy?
  • What type of online banking services do they have?
  • Is paperless billing an option?
  • Do they have any mileage credit cards if that’s important to you?
  • Can you apply to see what credit limit you qualify for before opening an account? If it’s lower than you current limit, ask if a transfer of credit is possible.
  • What are their lending and investment services like?
  • What are their Certificate of Deposit interest rates?
  • What are their wire transfer fees?

If some of the services you have received from a large bank are not available, ask what they would need to implement the service. It may be that if enough customers show an interest and a commitment that the bank can accommodate a request. In our experience, this has been the case with waiving ATM fees, granting larger credit limits and providing international services. 

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Voting with your Wallet – Part 2

Are we in the middle of a revolution now?

Has World War 3 already started? Will we (collectively) only know about it in 30 years when we read about it in  the neatly printed government text books from our government apartments outside the government work camps we are herded into each day?

Consider what the future looks like under a controlled economy. We have been lurching there throughout the past 10, 20, 30, 40 years. And we have been voting for it with the politicians we elect, through the companies we support who provide the products and service we want to buy.

Thrive - What on Earth will it take?
www.thrivemovement.com

For me it is the fear of these institutions and the revolutions they control – The mind control and social control – that have me acting to protect the little patch of earth that I can control. Where my family resides.

So in addition to growing my own food and preparing the best I can for the Zombie Apocalypse, what can we do live in it?

A few years back (November of 2011 – I looked it up), a movie was released that asked a lot of these question. The movie was called Thrive: What on Earth Will it Take. The point of the movie (it is a documentary that shockingly haha did not get nominated for academy awards like similar documentaries by Michael More or Albert Gore) was to question the control structures of this world economy. But it does not stop at identifying the problems. They go into detail about things you can do to move forward without these structures.

PRetty often I visit their site to remind me of some of those actions.  They have a Top Ten list, which I include here, to when your appetite. If you want to read more about them, go to the ThriveMovement website.

Top Ten Actions

  1. Find Your Way to Stillness
  2. Get Informed, Speak Up & Connect with Others
  3. Bank Locally
  4. Buy and Invest Responsibly
  5. Join the Movement to Audit and End the Federal Reserve
  6. Keep the Internet Fair & Open
  7. Support Independent Media
  8. Support Organic, Non-GMO Farming
  9. Require Election & Campaign Finance Reform
  10. Advocate for Renewable and “Free” Energy
  11. Take Part in Critical Mass Actions

And as part of the theme of this post, items #3 and #4 (note if you go to the site, they will be #2 and #3 because they do not know how to number things there) discuss some very specific things you can do about what to do with your life and your money to support life where you live – in the way you want to live. Like with Banking, I bank with a local credit union. Not that I have much money, but I know that they will invest the money with local projects that support our community. No skyscrapers in New York. More like business loans for the businesses in our area.