GameStop Rebellion: Retail Traders Take on Wall Street Hedge Funds

I was reading more of that Rappaport piece from twenty years ago where he was interviewing a propaganda/mind-control and came across this...

~~~~~~~~~~

"A: I’ll give you one in a minute. But do you see what I’m driving at? You can sit
there and say, “Who the hell cares about time, who cares about pace?” You can [missing line]
intrinsic to all human experience that you can’t ignore it. It’s THERE. If we’re too
stupid and “practical” to delve into it, we are the ones who lose. Because other
people are thinking about it. And those people are trying to control us. If you shed
your stupidity for a moment and think about all the big run‐ups in the stock market,
the news covers that with speed. A speed that exceeds our normal internal sense of
pace. Filled with anxiety, we search around for a solution to that feeling of anxiety.

See? And the obvious solution is GET ON THE BANDWAGON. INVEST. BUY IN.
TAKE THE RIDE."


~~~~~~~~~~~~

Now, that by itself doesn't mean anything. So following is the lead-in context, which I'd recommend reading.

I am by not convinced that what we are witnessing is entirely grassroots or organic. Call me overly conspiratorial if you will, but I think it behooves us to be cautious in our readings of reality right now. There is no forum to hold a mirror to this forum, so please allow me to be the idiot saying possibly stupid things. I'm happy to be a fool if it helps in the end:



From page 116-120

A: Now I’m giving you the background on that. Psychological warfare is the
operative term here. Time and motion studies like you’ve never heard of before.

Q: Time and motion studies?

A: When I say the cartels want to control lives, I’m talking about minute to minute
in the long run. What are people thinking? How can their thoughts be controlled?
How can their moods be controlled? How can their sense of time be controlled? It’s
all about WORLD shaping. Time shaping.

Q: You talked about time last week. The creation of time through propaganda.

A: Yes. Let’s take that one step further. Pace.


Q: Pace?

A: Pace and tempo. The media can present stories so that time seems to be moving
fast or moving slow. More fast or more slow than the usual human sense of time. In
either case the result is human anxiety, because the human internal clock tends to
have an acceptable pace, an acceptable velocity. If you exceed that pace, or
underplay that pace, the human being gets nervous. He gets thrown off. He thinks
something is wrong. He thinks there is a problem, and he fishes around for a
solution to that problem.


Q: Even though he doesn’t know what the problem is?

A: (laughs) Yes. When you make people hungry for solutions, they unconsciously
look to the authorities for answers of all kinds. You know the famous unofficial
slogan of the military. “Hurry up and wait.” Well, think about that. You get people to
rush for no good reason, and then they wait around for no good reason, and what
happens? You have trained subjects now who are conditioned to look to their
leaders for all the orders, all the answers. It works. In fact, it works better if the
problem is never really articulated. Which is what happens when you get a full
media dose every day of the news. There is something wrong with this news, if you
look closely at it. It’s too fast, and it’s too slow. The anchors and other people
develop, unconsciously, a method of delivering the news—and the editors and
others who tape it—also develop a weird style of rushing or slowing down the news.
Both. This sets people a little on edge. They are primed for answers, for slogans, for
official assurances.

Q: Most of this is unconscious on the media’s part?

7

A: To produce an anxiety for answers, for solutions. This is all based on military research
into the reactions of soldiers and civilians too.
Hurry up and wait. You see this in
corporate management styles too. Pressure people to produce meaningless work
for unnecessary deadlines. Then have them sit around doing very little. Fast and
slow. Work on that internal sense of human time and pace, and quicken it and slow
it down—for no really good rational reason. This creates anxiety, and questions
with no answers, and a heightened sense of: Give me an answer to ANYTHING and
I’ll take it. Just wrap up this anxiety in a ribbon and I’ll buy it. I’ll buy the answer.

Q: You were telling me earlier about the Afghanistan war as a news story.

A: Yes. First of all, realize that ANY news story can be made fast or slow. Any story
can be shaped that way. Any story can be fleshed out into a thousand details or it
can be shrunk to a one‐liner. So a story to begin with is a flexible reality. It can be
dealt with in an infinite number of ways. The war in Afghanistan could be made into
a slam‐bang thrill a minute deal, or it can be made into a slow tale with a new detail
every 12 hours. The war doesn’t dictate that. The people who create the story do
that. In the case of this war, this was shaped from the beginning as a slow story. I’m
not just talking about media access being slim and the Pentagon holding back facts.
I’m talking about pace. The pace has been made to be slow.

Q: That’s true. Why?

A: Because a slow story makes people want MORE.

Q: More war, in this case.

A: Yes. More action. It creates a desire for more war as the solution to a slow war.
Which is exactly the plan, and not just in Afghanistan. In other countries “that
harbor terrorists.”

Q: So literally, the people who are really shaping this story are pacing themselves,
as they say.

A: Damn right. And that makes people want more. More war becomes the solution
to the anxiety produced by the sensation of a slow war. [read that last sentence a
few more times] Which lines up exactly with the political agenda from the cartels.
Stretch out this “war against terrorism.”

Q: The anthrax OP was that way too.

A: Sort of. It started with a bang. Then it slowed down. Then it sped up again.
Then it slowed down. I could graph it for you. Again, YOU HAVE TO REALIZE THAT
THE ANTHRAX THING COULD HAVE BEEN PRESENTED AS A HARROWING THRILL‐
A‐MINUTE TALE. You see? It could have been done that way. Every story is
infinitely flexible in that way. But time is created with a certain pace, or changing

8

pace, to get people on edge where they will accept without question the answers or
solutions from, in this case, the medical cartel.

Q: What about Watergate?

A: Aha. A perfect example. I would call that one the “gathering steam” approach.
Enron is shaping up to be that way too. Sort of. A flurry. Then a slowdown. Then a
gathering speed‐up. With Watergate, you had these two rookie reporters who were
being managed, without their knowledge, by Ben Bradlee and other people. Bradlee,
the editor of the Washington Post, would never have let these two kids loose on a
story that could destroy his paper’s reputation if they got it wrong. In fact, there
was a whole lot of information available fairly soon after the break‐in. There were
dozens of good leads. But the Post broke the whole thing slowly. Then, after a point,
the stories started breaking every week and then every day. The pace was
monitored. The pace was intentional. At every step, the idea was to exceed or
underplay the innate average time‐pace of the human being. This is a principle of
information warfare. As I said last week, this actually gets us into philosophy and
deep psychology, but most people are too lazy to go there.

Q: Of course, a lot of people would say that the way Watergate broke open was the
result of the Post being cautious about getting the details confirmed and all that.

A: Don’t you think I know that? That’s not the way it really works at the highest
levels. You have to see this in levels. Do you want a good operational definition of a
reporter?

Q: Sure.

A: A reporter is a person who has had his own sense of internal time and pace
tinkered with for so long that he works from that artificial platform in everything he
does. He unconsciously turns out material in such a way that it will speed up or
slow down the public’s innate sense of pace. That is really what a reporter does at
the level I am talking about. If you can digest that, you’re half way there to seeing
the REAL mind control at work here. Do you know how I know that about
reporters? Because I dealt with them for many years. I worked with them through
intermediaries most of the time. And I played on their sense of time. I messed with
them to the hilt. I would give them too little, and then I would give them too much.
And that made them into mind‐control subjects for me. I would extend their already
artificial sense of time and pace. I would stretch it. And that would make them
anxious, and they would instinctively look for solutions to quell that anxiety. And
the primary solution would be what I was offering: MORE INFORMATION. That is
the game. I discovered that, and I played it. I remember once I just broke off all
communication with a reporter. I left town. I took a vacation. I disappeared for two
whole weeks. And then when I came back, I flooded him with more than he could
handle. And then I stopped everything. Now—you don’t have to tell me—I know
this looks like something else. It looks like I’m just holding him on the string with
information alone, or the lack of it. It looks I’m talking about feeding and then not

9

realized it was all about time. Time and pace. That’s the fundamental thing here.
The rate of information flow was the true factor. The less obvious and more
powerful thing is time. You create someone else’s sense of time. Speed it up. Slow it
down. You’ll see what I mean. You know all those Papal edicts and rules and
announcements you can trace down through time issued from the Vatican? Well,
those pieces of information were playing to the crowd of the pros, the Church pros,
the priests and bishops and so on. These edicts were creating their sense of time for
them. That’s the reality of it. We are told by popular historians that the Middle Ages
were a slow period. And that the Renaissance was a fast period. That’s all bunk.
That’s just the way these “news stories” have been presented. You see? With
different senses of time, of pace.

Q: Now, you’re not undervaluing the effect of just telling people lies.

A: Of course not! That’s what I DID for a lot of years. Let me draw you a little map
here. First you have a human being, and you have the world, and most of the world
the human being never sees. He knows very, very little about the world. So you get
propagandists, and their job is to create a virtual world that sits, as Walter
Lippmann once said, between the person and the real world. When you fill that
virtual space with lies, you produce a false picture of the world. Obviously. But in
order to make that happen, to make that virtual creation LAST, you must create time
lines of events, and every event must produce in the audience an emotion. THAT’S
how you create a sense of time in the person, in the human being, in the audience. A
false sense of time, because it comes from outside the person—and because it’s
filled with lies. And now I’m adding another factor, which is PACE. The pace of time.
Too fast, too slow. That is how you get that anxiety in the audience which makes
them instinctively want a SOLUTION, and they don’t really know what solution to
what damn problem they are looking for. Some of the time they do, but a lot of the
time they don’t. On this level of PACE, they are completely in the dark. So they are
“tuned up” to look for answers, and they are going to get those answers from the
people who are hired to do that. Their leaders. The leaders are pawns and dupes of
the cartels. The cartel answers are always in the direction of less freedom and more
control. Okay? See, I could produce a daily news show for TV which would give the
audience the basic facts of the news every day, and I could arrange it so that the
show produces about 1/1000 the amount of anxiety that regular news shows do. I
could pace the news so that it more or less tracks with the person’s own innate
sense of pace, and that way the result would be a general sense of calm. Of course, if
I did that, it would also allow the audience to THINK, and very quickly they would
grasp the real issues, and they would grasp the fact that there are certain choices—
REAL CHOICES—which could begin to eliminate the problems in this world of ours.
The news as we know it forestalls that. There are other techniques involved as well.

Q: Such as?

A: I’ll give you one in a minute. But do you see what I’m driving at? You can sit
there and say, “Who the hell cares about time, who cares about pace?” You can
intrinsic to all human experience that you can’t ignore it. It’s THERE. If we’re too
stupid and “practical” to delve into it, we are the ones who lose. Because other
people are thinking about it. And those people are trying to control us. If you shed
your stupidity for a moment and think about all the big run‐ups in the stock market,
the news covers that with speed. A speed that exceeds our normal internal sense of
pace. Filled with anxiety, we search around for a solution to that feeling of anxiety.
See? And the obvious solution is GET ON THE BANDWAGON. INVEST. BUY IN.
TAKE THE RIDE.
Okay. Here is another news technique. Its purpose is to confuse
us, to befuddle us, to makes us feel that we can’t get a handle on REAL solutions that
actually work. Disjunction.


~~~~~~~~~~~~~~~~~~~~~~~



The pacing of the last two/three weeks of news cycle has really stood out for me as weirdly accelerated; I've sat there and thought, "This is weird!" So when I ran across this piece talking about exactly that, pacing of news as a deliberate control surface, it stood out.

I think it is possible that there is a major manipulation going on right now, and that what we think is happening is NOT happening as we are projecting it in our minds.

Am I being a total fool here? Am I over-thinking?

Maybe. Let me know if I sound nuts. (I've been called in to do some really late nights at work recently, with my sleep schedule interrupted. So it may be that.)
 
People continue to buy Dogecoin in mass and the PTB are not happy. The price is rising pretty fast :lol:.

Funny that dogecoin started as a joke but in a matter of days became the ninth-largest cryptocurrency... it tells a lot about the current economic system.

It's another simple example of too many people, with too much money in a system that has lost complete sense of what is considered valuable or not in day-to-day life.
 

Suck It, Wall Street​

In a blowout comedy for the ages, finance pirates take it up the clacker​



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In the fall of 2008, America’s wealthiest companies were in a pickle. Short-selling hedge funds, smelling blood as the global economy cratered, loaded up with bets against finance stocks, pouring downward pressure on teetering, hyper-leveraged firms like Morgan Stanley and Citigroup. The free-market purists at the banks begged the government to stop the music, and when the S.E.C. complied with a ban on financial short sales, conventional wisdom let out a cheer.

"This will absolutely make a difference," economist Peter Cardillo told CNN. "Now, if there is any good news, shorts will have to cover.”

At the time, poor beleaguered banks were victims, while hedge funds betting them down as the economy circled the drain were seen as antisocial monsters. “They are like looters after a hurricane,” seethed Andrew Cuomo, then-Attorney General of New York State, who “promised to intensify investigations into short selling abuses.” Senator John McCain, in the home stretch of his eventual landslide loss to Barack Obama, added that S.E.C. chairman Christopher Cox had “betrayed the public’s trust” by allowing “speculators and hedge funds” to “turn our markets into a casino.”

Fast forward thirteen years. The day-trading followers of a two-million-subscriber Reddit forum called “wallstreetbets” somewhat randomly decide to keep short-sellers from laying waste to a brick-and-mortar retail video game company called GameStop, betting it up in defiance of the Street. Worth just $6 four months ago, the stock went from $18.36 on the afternoon of the Capitol riot, to $43.03 on the 21st two weeks later, to $147.98 this past Tuesday the 26th, to an incredible $347.51 at the close of the next day, January 27th.

The rally sent crushing losses at short-selling hedge funds like Melvin Capital, which was forced to close out its position at a cost of nearly $3 billion. Just like 2008, down-bettors got smashed, only this time, there were no quotes from economists celebrating the “good news” that shorts had to cover. Instead, polite society was united in its horror at the spectacle of amateur gamblers doing to hotshot finance professionals what those market pros routinely do to everyone else. If you’ve ever seen Animal House, you understand the sentiment:



The press conveyed panic and moral disgust. “I didn’t realize it was this cultlike,” said short-seller Andrew Left of Citron Research, without irony denouncing the campaign against firms like his as “just a get rich quick scheme.” Massachusetts Secretary of State Bill Galvin said the Redditor campaign had “no basis in reality,” while Dr. Michael Burry, the hedge funder whose bets against subprime mortgages were lionized in “The Big Short,” called the amateur squeeze “unnatural, insane, and dangerous.”

The episode prompted calls to regulate Reddit and, finally, halt action on the disputed stocks. As I write this, word has come out that platforms like Robinhood and TD Ameritrade are curbing trading in GameStop and several other companies, including Nokia and AMC Entertainment holdings.

Meaning: just like 2008, trading was shut down to save the hides of erstwhile high priests of “creative destruction.” Also just like 2008, there are calls for the government to investigate the people deemed responsible for unapproved market losses.

The acting head of the SEC said the agency was “monitoring” the situation, while the former head of its office of Internet enforcement, John Stark, said, “I can’t imagine there isn’t an open investigation and probably a formal order to find out who’s on these message boards.” Georgetown finance professor James Angel lamented, “it’s going to be hard for the SEC to find blatant manipulation,” but they “owe it to look.” The Washington Post elaborated:

To establish manipulation that runs afoul of securities laws, Angel said regulators would need to prove traders engaged in “an intentional act to push a price away from its fundamental value to seek a profit.” In market parlance, this is typically known as a pump-and-dump scheme…
Even Nancy Pelosi, when asked about “manipulation” and “what’s going on on Wall Street right now,” said “we’ll all be reviewing it,” as if it were the business of congress to worry about a bunch of day traders cashing in for once.

The only thing “dangerous” about a gang of Reddit investors blowing up hedge funds is that some of us reading about it might die of laughter. That bit about investigating this as a “pump and dump scheme” to push prices away from their “fundamental value” is particularly hilarious. What does the Washington Post think the entire stock market is, in the bailout age?

America’s banks just had maybe their best year ever, raking in $125 billion in underwriting fees at a time when the rest of the country is dealing with record unemployment, thanks entirely to massive Federal Reserve intervention that turned a crash into a boom. Who thinks the “fundamental value” of most stocks would be this high, absent the Fed’s Atlas-like support in the last year?

For context, Goldman, Sachs posted revenues of $44.56 billion in 2020, its best year since 2009, a.k.a. the last year Wall Street cashed in on a bailout. Back then, the shortcut back to giganto-bonuses was underwriting fees for financial companies raising money to purge themselves of TARP debt. This time it’s underwriting fees for bond issues and IPOs. The subtext of both bailouts was that anyone who owned or underwrote financial assets got richer, while everyone else got the proverbial high hat. It’s no accident that income inequality dramatically accelerated after the last bailouts, and that the only people to see net gains in wealth since 2008 have been the richest 20% of Americans, a pattern almost certain to continue.

The constant in the bailout years has been a battery of artificial stimulants sent through the financial sector, from the TARP to years of zero-interest-rate policies (ZIRP) to outright interventions like the multiple trillion-dollar rounds of Quantitative Easing. All that froth allowed finance companies to suck out hundreds of billions in fees, encouraged lunatic risk-taking in every direction and rampages of private equity takeovers, and kept a vast stable of functionally dead companies alive on cheap credit.

Those so-called “zombie companies” make up roughly 30% of all corporations in America now, and they racked up over a trillion dollars in new debt since the pandemic alone. While policymakers may have stabilized the economy with the bailouts, they may also “inadvertently be directing the flow of capital to unproductive firms,” as Bloomberg euphemistically put it back in November.

In other words, it was all well and good for investment banks and executives of phoney-baloney companies to gorge themselves on funhouse profits on a funhouse economy, but when amateurs decided to funnel just a bit of this clown show into their own pockets, finance pros wailed like the grave of Adam Smith had been danced upon. The worst was Morgan Stanley CEO James Gorman, who issued a somber warning that those behind the recent market frenzy are “in for a very rude awakening,” adding, “I don’t know if it is going to happen tomorrow, next week or in a month, but it will happen.”

This is the same James Gorman whose company just saw its 2020 fourth-quarter profits go up 51% versus the year before, with total revenues up 16% to $48.2 billion, matching almost exactly the 16% rise in the stock market last year. If you’re going to rake in $33 million as Gorman did last year captaining a firm that just siphoned off billions in essentially risk-free profits underwriting a never-ending bailout, should you really be worrying about someone else getting a “rude awakening”? There are 19 million people collecting unemployment who might be reading those profit numbers. Does this man know how to spell “pitchfork”?

GameStop has prompted more pearl-clutching than any news story in recent memory. Expert after grave-faced expert has marched on TV to tell Reddit traders that markets are complicated, this isn’t a game, and they wouldn’t be doing this, if they really understood how things work.

“I’m not sure everybody fully understands what’s happening here,” was the melancholy comment on CNBC of Wall Street’s famed fluffer-in-chief, Andrew Ross Sorkin. The author of Too Big to Fail added in pedagogic tones that while this “stick it to the man moment” might feel good, betting up the value of GameStop above Delta Airlines just isn’t right, because “there are no fundamentals here”:



Fundamentals? How much does Sorkin think his exalted Delta Airlines would be worth now, if the Fed hadn’t stopped its death plunge last March? How much would any of the airlines be worth in the Covid age, with their fleets of mothballed jets? What a joke!

Furthermore, everybody “understands” what happened with GameStop. Unlike some other Wall Street stories, this one isn’t complicated. The entire tale, in a nutshell, goes like this. One group of gamblers announced, “-flick- you!” Another group announced back: “No, -flick- YOU!”

That’s it. Or, as one market analyst put it to me this morning, “A bunch of guys made a bet, got killed, then doubled and tripled down and got killed even more.”

Regarding improprieties, leaving aside that the Redditors were doing exactly what billion-dollar hedge funds do every day — colluding to move a stock for fun and profit — the notion that this should be the subject of a federal investigation is preposterous.

Is it completely outside the realm of possibility that the GME fiasco isn’t just day traders giving the finger to Wall Street, that “major players” are behind the stock’s movement, in an illegal manipulation scheme? No. Probably it’s not that, but it could be, just as some of the usual suspects may have piled on the long side once the frenzy started. But if there’s anything to investigate here, the obvious place to start is with the hedge funds and their brokers.

While it isn’t a complicated story, some of the awesome humor of GameStop is in the mechanics.

Unlike betting on a stock to go up (i.e. betting “long”), where you can only lose as much as you invest, the losses in shorting can be infinite. This adds a potential extra layer of Schadenfreude to the plight of the happy hedge fund pirate who might have borrowed gazillions of GameStop shares at five or ten hoping to tank the firm, only to go in pucker mode as Internet hordes drive the cost of the trade to ten, twenty, fifty times their original investment.

Short-sellers bet by borrowing shares from so-called prime brokers (Goldman, Sachs and JP Morgan Chase are among the biggest), selling them, and waiting for the price to drop, at which point they buy them back on the open market at the lower price and return them. The commonly understood rub is that prime brokers don’t always really procure those original borrowed shares, and often give out more “locates” than they should, putting more shares in circulation than actually exist (as in this case). GameStop is exposing this systematic plundering of firms using phantom shares and locates, by groups of actors who now have the gall to complain that they’re the victims of a “get rich quick” scheme.

Short-sellers are not inherently antisocial. They can be beneficial to society, instrumental in rooting out corruption and waste in whole sectors like the subprime industry, or in single companies like Enron. Moreover, the wiping out of such funds isn’t necessarily to be cheered. Sorkin correctly notes that many hedge funds invest on behalf of entities like pension funds, though maybe they shouldn’t, given their high cost and relatively mediocre performance, as I’ve noted before.

However, that’s the point. The degree to which even the beneficial functions of short-sellers are cheered or not is dependent upon whose corruption they’re uncovering. Let the record show that when the S.E.C. imposed a ban on shorts of financial stocks in 2008, they routed short-sellers who were dead right about the insolubility of America’s banking sector. The state prevented their correct judgment about companies like Wachovia and Washington Mutual, whose stocks kept plunging even after the ban and went bust soon after.

The shorts were right about all the other banks, too. The Inspector General of the TARP, Neil Barofsky, eventually told the Financial Crisis Inquiry Commission that 12 of the 13 biggest banks were on the brink of failure when they got saved — by the short ban, by emergency overnight grants of commercial bank licenses to companies that weren’t commercial banks, by the bailouts, by the subsequent avalanche of underwriting fees, and most of all, by the lies about all of the above.

The home of James “rude awakening” Gorman, Morgan Stanley, got its bank holding company license (and the lifesaving Fed credit lines that came with it) late on a Sunday night in September, 2008, because the firm couldn’t have opened its doors without it the next Monday morning. They’d have been blown to bits, by “fundamentals.” Instead, they got rescued, given a forever pass to keep feeding at the neck of society while claiming, falsely, to be not-failures and not-welfare recipients, better somehow than the “dumb money” they think should be theirs alone to manage.

The rank selectivity of this makes any moral argument against the GameStop revolt moot. There’s no legitimate cause here, just an assertion of exclusive rights to plunder, which will doubtless be exercised now in the form of bans, investigations, and increased barriers to market entry. Probably also, in the political spirit of our times, there will some form of speech crackdown on platforms like Reddit, to protect us from the mob.

About that: there are many making hay of a description found on a Subreddit, to the effect that wallstreetbets is “like 4Chan found a Bloomberg terminal.” A columnist at the Guardian, settling into the rhetorical line sure to find acceptance among the wine-and-MSNBC crowd, admitted to finding the rampaging-id dynamic on 4chan funny as a young person, but strange now to “witness a brief and regretful adolescent occupation re-emerge as a prominent cultural force.” The author wanted to admit to laughing at this “intentionally senseless” behavior, but ultimately decried the “transgressive attitudes” of the Redditors.

This is where society will ultimately come down, of course, uniting to denounce $GME as financial Trumpism, even though it actually comes closer to being an updated and superior version of Occupy Wall Street. It’s likely not any evil manipulation scheme, but ordinary people acting — out of self-interest, but also out of sheer enthusiasm for one of the best reasons to do just about anything, because you can — on a few simple, powerful observations.

They’ve seen first that our markets are basically fake, set up to artificially accelerate the wealth divide, and not in their favor. Secondly they see that the stock market, like the ballot box, remains one of the only places where sheer numbers still matter more than capital or connections. And they’re piling on, and it’s delicious, not so much because they’re right, but because the people running for cover are so wrong, and still can’t admit it.

Buy the ticket, take the ride, nitwits. If you earned anything, it’s this.
 
I was reading more of that Rappaport piece from twenty years ago where he was interviewing a propaganda/mind-control and came across this...

~~~~~~~~~~

"A: I’ll give you one in a minute. But do you see what I’m driving at? You can sit
there and say, “Who the hell cares about time, who cares about pace?” You can [missing line]
intrinsic to all human experience that you can’t ignore it. It’s THERE. If we’re too
stupid and “practical” to delve into it, we are the ones who lose. Because other
people are thinking about it. And those people are trying to control us. If you shed
your stupidity for a moment and think about all the big run‐ups in the stock market,
the news covers that with speed. A speed that exceeds our normal internal sense of
pace. Filled with anxiety, we search around for a solution to that feeling of anxiety.

See? And the obvious solution is GET ON THE BANDWAGON. INVEST. BUY IN.
TAKE THE RIDE."


~~~~~~~~~~~~

Now, that by itself doesn't mean anything. So following is the lead-in context, which I'd recommend reading.

I am by not convinced that what we are witnessing is entirely grassroots or organic. Call me overly conspiratorial if you will, but I think it behooves us to be cautious in our readings of reality right now. There is no forum to hold a mirror to this forum, so please allow me to be the idiot saying possibly stupid things. I'm happy to be a fool if it helps in the end:



From page 116-120

A: Now I’m giving you the background on that. Psychological warfare is the
operative term here. Time and motion studies like you’ve never heard of before.

Q: Time and motion studies?

A: When I say the cartels want to control lives, I’m talking about minute to minute
in the long run. What are people thinking? How can their thoughts be controlled?
How can their moods be controlled? How can their sense of time be controlled? It’s
all about WORLD shaping. Time shaping.

Q: You talked about time last week. The creation of time through propaganda.

A: Yes. Let’s take that one step further. Pace.


Q: Pace?

A: Pace and tempo. The media can present stories so that time seems to be moving
fast or moving slow. More fast or more slow than the usual human sense of time. In
either case the result is human anxiety, because the human internal clock tends to
have an acceptable pace, an acceptable velocity. If you exceed that pace, or
underplay that pace, the human being gets nervous. He gets thrown off. He thinks
something is wrong. He thinks there is a problem, and he fishes around for a
solution to that problem.


Q: Even though he doesn’t know what the problem is?

A: (laughs) Yes. When you make people hungry for solutions, they unconsciously
look to the authorities for answers of all kinds. You know the famous unofficial
slogan of the military. “Hurry up and wait.” Well, think about that. You get people to
rush for no good reason, and then they wait around for no good reason, and what
happens? You have trained subjects now who are conditioned to look to their
leaders for all the orders, all the answers. It works. In fact, it works better if the
problem is never really articulated. Which is what happens when you get a full
media dose every day of the news. There is something wrong with this news, if you
look closely at it. It’s too fast, and it’s too slow. The anchors and other people
develop, unconsciously, a method of delivering the news—and the editors and
others who tape it—also develop a weird style of rushing or slowing down the news.
Both. This sets people a little on edge. They are primed for answers, for slogans, for
official assurances.

Q: Most of this is unconscious on the media’s part?

7

A: To produce an anxiety for answers, for solutions. This is all based on military research
into the reactions of soldiers and civilians too.
Hurry up and wait. You see this in
corporate management styles too. Pressure people to produce meaningless work
for unnecessary deadlines. Then have them sit around doing very little. Fast and
slow. Work on that internal sense of human time and pace, and quicken it and slow
it down—for no really good rational reason. This creates anxiety, and questions
with no answers, and a heightened sense of: Give me an answer to ANYTHING and
I’ll take it. Just wrap up this anxiety in a ribbon and I’ll buy it. I’ll buy the answer.

Q: You were telling me earlier about the Afghanistan war as a news story.

A: Yes. First of all, realize that ANY news story can be made fast or slow. Any story
can be shaped that way. Any story can be fleshed out into a thousand details or it
can be shrunk to a one‐liner. So a story to begin with is a flexible reality. It can be
dealt with in an infinite number of ways. The war in Afghanistan could be made into
a slam‐bang thrill a minute deal, or it can be made into a slow tale with a new detail
every 12 hours. The war doesn’t dictate that. The people who create the story do
that. In the case of this war, this was shaped from the beginning as a slow story. I’m
not just talking about media access being slim and the Pentagon holding back facts.
I’m talking about pace. The pace has been made to be slow.

Q: That’s true. Why?

A: Because a slow story makes people want MORE.

Q: More war, in this case.

A: Yes. More action. It creates a desire for more war as the solution to a slow war.
Which is exactly the plan, and not just in Afghanistan. In other countries “that
harbor terrorists.”

Q: So literally, the people who are really shaping this story are pacing themselves,
as they say.

A: Damn right. And that makes people want more. More war becomes the solution
to the anxiety produced by the sensation of a slow war. [read that last sentence a
few more times] Which lines up exactly with the political agenda from the cartels.
Stretch out this “war against terrorism.”

Q: The anthrax OP was that way too.

A: Sort of. It started with a bang. Then it slowed down. Then it sped up again.
Then it slowed down. I could graph it for you. Again, YOU HAVE TO REALIZE THAT
THE ANTHRAX THING COULD HAVE BEEN PRESENTED AS A HARROWING THRILL‐
A‐MINUTE TALE. You see? It could have been done that way. Every story is
infinitely flexible in that way. But time is created with a certain pace, or changing

8

pace, to get people on edge where they will accept without question the answers or
solutions from, in this case, the medical cartel.

Q: What about Watergate?

A: Aha. A perfect example. I would call that one the “gathering steam” approach.
Enron is shaping up to be that way too. Sort of. A flurry. Then a slowdown. Then a
gathering speed‐up. With Watergate, you had these two rookie reporters who were
being managed, without their knowledge, by Ben Bradlee and other people. Bradlee,
the editor of the Washington Post, would never have let these two kids loose on a
story that could destroy his paper’s reputation if they got it wrong. In fact, there
was a whole lot of information available fairly soon after the break‐in. There were
dozens of good leads. But the Post broke the whole thing slowly. Then, after a point,
the stories started breaking every week and then every day. The pace was
monitored. The pace was intentional. At every step, the idea was to exceed or
underplay the innate average time‐pace of the human being. This is a principle of
information warfare. As I said last week, this actually gets us into philosophy and
deep psychology, but most people are too lazy to go there.

Q: Of course, a lot of people would say that the way Watergate broke open was the
result of the Post being cautious about getting the details confirmed and all that.

A: Don’t you think I know that? That’s not the way it really works at the highest
levels. You have to see this in levels. Do you want a good operational definition of a
reporter?

Q: Sure.

A: A reporter is a person who has had his own sense of internal time and pace
tinkered with for so long that he works from that artificial platform in everything he
does. He unconsciously turns out material in such a way that it will speed up or
slow down the public’s innate sense of pace. That is really what a reporter does at
the level I am talking about. If you can digest that, you’re half way there to seeing
the REAL mind control at work here. Do you know how I know that about
reporters? Because I dealt with them for many years. I worked with them through
intermediaries most of the time. And I played on their sense of time. I messed with
them to the hilt. I would give them too little, and then I would give them too much.
And that made them into mind‐control subjects for me. I would extend their already
artificial sense of time and pace. I would stretch it. And that would make them
anxious, and they would instinctively look for solutions to quell that anxiety. And
the primary solution would be what I was offering: MORE INFORMATION. That is
the game. I discovered that, and I played it. I remember once I just broke off all
communication with a reporter. I left town. I took a vacation. I disappeared for two
whole weeks. And then when I came back, I flooded him with more than he could
handle. And then I stopped everything. Now—you don’t have to tell me—I know
this looks like something else. It looks like I’m just holding him on the string with
information alone, or the lack of it. It looks I’m talking about feeding and then not

9

realized it was all about time. Time and pace. That’s the fundamental thing here.
The rate of information flow was the true factor. The less obvious and more
powerful thing is time. You create someone else’s sense of time. Speed it up. Slow it
down. You’ll see what I mean. You know all those Papal edicts and rules and
announcements you can trace down through time issued from the Vatican? Well,
those pieces of information were playing to the crowd of the pros, the Church pros,
the priests and bishops and so on. These edicts were creating their sense of time for
them. That’s the reality of it. We are told by popular historians that the Middle Ages
were a slow period. And that the Renaissance was a fast period. That’s all bunk.
That’s just the way these “news stories” have been presented. You see? With
different senses of time, of pace.

Q: Now, you’re not undervaluing the effect of just telling people lies.

A: Of course not! That’s what I DID for a lot of years. Let me draw you a little map
here. First you have a human being, and you have the world, and most of the world
the human being never sees. He knows very, very little about the world. So you get
propagandists, and their job is to create a virtual world that sits, as Walter
Lippmann once said, between the person and the real world. When you fill that
virtual space with lies, you produce a false picture of the world. Obviously. But in
order to make that happen, to make that virtual creation LAST, you must create time
lines of events, and every event must produce in the audience an emotion. THAT’S
how you create a sense of time in the person, in the human being, in the audience. A
false sense of time, because it comes from outside the person—and because it’s
filled with lies. And now I’m adding another factor, which is PACE. The pace of time.
Too fast, too slow. That is how you get that anxiety in the audience which makes
them instinctively want a SOLUTION, and they don’t really know what solution to
what damn problem they are looking for. Some of the time they do, but a lot of the
time they don’t. On this level of PACE, they are completely in the dark. So they are
“tuned up” to look for answers, and they are going to get those answers from the
people who are hired to do that. Their leaders. The leaders are pawns and dupes of
the cartels. The cartel answers are always in the direction of less freedom and more
control. Okay? See, I could produce a daily news show for TV which would give the
audience the basic facts of the news every day, and I could arrange it so that the
show produces about 1/1000 the amount of anxiety that regular news shows do. I
could pace the news so that it more or less tracks with the person’s own innate
sense of pace, and that way the result would be a general sense of calm. Of course, if
I did that, it would also allow the audience to THINK, and very quickly they would
grasp the real issues, and they would grasp the fact that there are certain choices—
REAL CHOICES—which could begin to eliminate the problems in this world of ours.
The news as we know it forestalls that. There are other techniques involved as well.

Q: Such as?

A: I’ll give you one in a minute. But do you see what I’m driving at? You can sit
there and say, “Who the hell cares about time, who cares about pace?” You can
intrinsic to all human experience that you can’t ignore it. It’s THERE. If we’re too
stupid and “practical” to delve into it, we are the ones who lose. Because other
people are thinking about it. And those people are trying to control us. If you shed
your stupidity for a moment and think about all the big run‐ups in the stock market,
the news covers that with speed. A speed that exceeds our normal internal sense of
pace. Filled with anxiety, we search around for a solution to that feeling of anxiety.
See? And the obvious solution is GET ON THE BANDWAGON. INVEST. BUY IN.
TAKE THE RIDE.
Okay. Here is another news technique. Its purpose is to confuse
us, to befuddle us, to makes us feel that we can’t get a handle on REAL solutions that
actually work. Disjunction.


~~~~~~~~~~~~~~~~~~~~~~~



The pacing of the last two/three weeks of news cycle has really stood out for me as weirdly accelerated; I've sat there and thought, "This is weird!" So when I ran across this piece talking about exactly that, pacing of news as a deliberate control surface, it stood out.

I think it is possible that there is a major manipulation going on right now, and that what we think is happening is NOT happening as we are projecting it in our minds.

Am I being a total fool here? Am I over-thinking?

Maybe. Let me know if I sound nuts. (I've been called in to do some really late nights at work recently, with my sleep schedule interrupted. So it may be that.)
Maybe. It is interesting reading. I'm starting to think though that while the ptb does try to manage, control and manipulate, that what we are witnessing is collapse and ensuing chaos, which is perhaps unmanageable. So the stream is going to be very hard to decipher, like watching the matrix symbols flow down a screen at a fast pace.

Maybe it's organic, this wall street bets business, maybe it isn't. Either way, it can be used to tighten up access to markets, or support the not-so-great reset, but I think the point is, if there is one, that there are leaks on the boat. Hard to control the amount of chaos coming through as the system gets overloaded and starts cracking. I honestly dont know.

We seem to have shifted from bizarro world to clown world and logic is defying gravity. Some weird shit, pardon my language. But I'm also suffering from interrupted sleep patterns, so...

Anywho, I'm open to better interpretations, but I dont think you're nuts for posing the question.

Edit: spacing
 
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Money seems to be losing meaning.

That's the thing that jumps out to me.

What does money now mean?

I think this is a question that will become increasingly important as we move forward. It looks to me that what's happening is the value of money is becoming decoupled from the real economy such that things will break down at some point as the value that money represented erodes at an ever increasing pace.

A good example of this: many assets are now in a bubble but the real economy is in one of the worst recessions ever. What does it then mean to say I made 1000% on the GameStop stock trade when actually no value has been injected into the real economy. Does that mean I'm rich now and can buy more in the real economy?

It's interesting that the real "wealth" creation now is not generated from the real economy but more from the digitised non-real economy, the profits from which can be spent in the real economy.

It used to be that the 1% were the only ones who could play this game but now much more can. All of these new traders now plough their skills in the non-real economy, spend their fortune in the real economy whilst the real economy is getting the biggest squeeze its had in recent memory.

One could be forgiven for thinking that what's happening here is actually the final acts of dismantling a system by allowing the rot that was in it but mostly limited to the 1% to now spread in a fashion that it becomes runaway.

Part of the great reset agenda? Just part of the natural decay?

Where are we going! It's like a video game when cheat codes become prevalent and commonplace that anyone can use them and does use them. What happens to the video game? Does the game thrive or does it meet its demise.
 
The thing that makes wonder about this phenomena. Is it orchestrated, to bring down the stock exchange, and bring in, the proposed New Reset. The collapse of all know institutions, be it civic, financial and political.

Can't help thinking, this is such a blaring in your face toward the elites. I find this strange, given all the surveillance on the planet, with all activity, logged and recorded, in real time.

I have this niggling feeling at the back of my mind. And we left wondering, As Carl Rove said many years ago, We are the Reality Creators.

This seems organic to me. The obvious panic from the parasite class, and their hamfisted response to it at every level, are strong indictors that this was not planned. That it's a downward wealth transfer, from hedgies to autistes on Reddit and 4chan, rather than an upward transfer to hedgies or a horizontal transfer between hedgies, is another indicator that this was not something they planned.

The financial system they've created is an extremely complicated mechanism, a machine made all the more intricate by the myriad of ways they've built in to rig it for their own benefit. The thing about Rube Goldberg machines is that they're intrinsically unstable: a monkey wrench in the right gear causes the entire thing to collapse.

There's no question that they intend a controlled collapse. Not only have they been telegraphing that with the Great Reset talk all year, but this has been the general pattern for a long time: inflate a bubble, then pop it at a chosen time in order to swoop in and scoop up all the assets. It's that "chosen time" that's the key part of that tactic. If someone else forces a collapse at a different time - for instance, a horde of digital barbarians raiding their financial citadels - then they're in for a world of hurt.

Also IIRC the C's have said that this complicated fraud machine they built is liable to malfunction in ways they did not expect, so this looks like a hit to me.
 
There's may be another "target" in the scoope : silver.
I spotted this on GAB, it's recent, and you can see that this is well commented, here's the main post which explains rapidly the trick :

Here's the main image in this post :
e22c21b7cf142b7c.png


... and some people are posting now with pictures of silver coins they just bought.
I can't comment about, if it's a smart move or no, but good to inform about and maybe discuss this.

Another wondering is when you look at this Neon Revolt main page on GAB :
You have to know that I did not subscribe to Neon Revolt when i opened an acount on GAB, it was automatic, when i subscribed, there was a dozen of sources already subscribed/followed, which i can of course unfollow. But look at their page, there's a big "Q". And what i was wondering is that they may use all these people still believing in Q to do some things which, at first glance, look nice to do (let's fight the wall street thieves on their ground), but which in fact will accelerate their "great reset" project !?

Feeling like the ones Joe posted.
I have no idea about, let's say i remain open. As i noticed good positive results from Q, this may be one of them too ... or not, don't know. But as Woodman posted, pace & tempo are accelerating.
 
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Actually to add: a story comes to mind.

Imagine you were one of those good kids who stayed away from alcohol. You stayed away from alcohol because you listened to your dad who said it's actually not nice for you and if you drink it bad things will happen. Okay, so you live your life like this until one day you decide to drink.

So you start off a little and pull back, waiting for the bad thing to happen. Nothing happens. You drink a bit more and pull back, wait for the bad thing to happen, nothing does. You drink way more and pull back, wait for the bad thing to happen and nothing does. You now go crazy and drink as much as you can... and you know what, nothing bad happens. You start thinking to yourself... how can this be? I heard stories about alcoholism and the effects of alcoholism but none of that is translating into my experiences and I drink way more than an alcoholic!


So it's like the economy now. If you did Economics, you learnt about the economy and the rules and limits within the economy. You learnt about the consequences of "excess" within the economy e.g. excessive printing of money or strangling the real economy whilst putting the fake non-real economy into hyperdrive. You learn about this.

So we watch the excesses and we wait and brace as we wait to see if what we were taught, what we witnessed in history will come to bite us. But alas, it doesn't appear to.

Are we free from history? Are we now free from consequences?

Or are we just in a state of having the biggest binge possible and when the consequences finally come in, it'll be the worst hangover in all of modern history.

From unfettered excesses in "fake non real" economies, to unfettered use of gene based vaccines now being given out like candy, to a running away of public mental health amongst many other things... Are we now free from all the things that we were told about to make sure we don't indulge in such excesses.

Food for thought!
 
This seems organic to me. The obvious panic from the parasite class, and their hamfisted response to it at every level, are strong indictors that this was not planned. That it's a downward wealth transfer, from hedgies to autistes on Reddit and 4chan, rather than an upward transfer to hedgies or a horizontal transfer between hedgies, is another indicator that this was not something they planned.

The financial system they've created is an extremely complicated mechanism, a machine made all the more intricate by the myriad of ways they've built in to rig it for their own benefit. The thing about Rube Goldberg machines is that they're intrinsically unstable: a monkey wrench in the right gear causes the entire thing to collapse.

There's no question that they intend a controlled collapse. Not only have they been telegraphing that with the Great Reset talk all year, but this has been the general pattern for a long time: inflate a bubble, then pop it at a chosen time in order to swoop in and scoop up all the assets. It's that "chosen time" that's the key part of that tactic. If someone else forces a collapse at a different time - for instance, a horde of digital barbarians raiding their financial citadels - then they're in for a world of hurt.

Also IIRC the C's have said that this complicated fraud machine they built is liable to malfunction in ways they did not expect, so this looks like a hit to me.
But citadel is in the middle, profiting, so I remain unsure.
 
And what i was wondering is that they may use all these people still believing in Q to do some things which, at first glance, look nice to do (let's fight the wall street thieves on their ground, but which in fact will accelerate their "great reset" project !?
Exactly what it looks like to me. Not necessarily Q, but people in general.

Klaus and his cronies keep saying that capitalism is no longer working and needs a reimagining, something they call Stakeholder Capitalism (what a great doublespeak catchprase, eh?).

This little crisis revealing how the capitalist game is rigged is perfect for them to jump on and claim as an example of how capitalism needs restructuring. And surely it does, but they won’t be asking us, the “stakeholders” how it should be approached. They already have their plan.

I was even thinking about getting in on some of the action with the stocks, dogecoin and silver, I mean who doesn’t like easy money, but I feel it’s an STS trap to get into that kind of thinking.
 
Actually to add: a story comes to mind.

Imagine you were one of those good kids who stayed away from alcohol. You stayed away from alcohol because you listened to your dad who said it's actually not nice for you and if you drink it bad things will happen. Okay, so you live your life like this until one day you decide to drink.

So you start off a little and pull back, waiting for the bad thing to happen. Nothing happens. You drink a bit more and pull back, wait for the bad thing to happen, nothing does. You drink way more and pull back, wait for the bad thing to happen and nothing does. You now go crazy and drink as much as you can... and you know what, nothing bad happens. You start thinking to yourself... how can this be? I heard stories about alcoholism and the effects of alcoholism but none of that is translating into my experiences and I drink way more than an alcoholic!


So it's like the economy now. If you did Economics, you learnt about the economy and the rules and limits within the economy. You learnt about the consequences of "excess" within the economy e.g. excessive printing of money or strangling the real economy whilst putting the fake non-real economy into hyperdrive. You learn about this.

So we watch the excesses and we wait and brace as we wait to see if what we were taught, what we witnessed in history will come to bite us. But alas, it doesn't appear to.

Are we free from history? Are we now free from consequences?

Or are we just in a state of having the biggest binge possible and when the consequences finally come in, it'll be the worst hangover in all of modern history.

From unfettered excesses in "fake non real" economies, to unfettered use of gene based vaccines now being given out like candy, to a running away of public mental health amongst many other things... Are we now free from all the things that we were told about to make sure we don't indulge in such excesses.

Food for thought!
That's not how drinking works. Try a bit, tastes bad. Try a bit more still tastes bad but starts to feel good. Your opening premise is shoddy. On top of that, you said, "You now go crazy and drink as much as you can... and you know what, nothing bad happens. " Bullshit! You end up puking in the bathtub. Or worse.
 
I was even thinking about getting in on some of the action with the stocks, dogecoin and silver, I mean who doesn’t like easy money, but I feel it’s an STS trap to get into that kind of thinking.

It won't last forever but in the maintime you can do well for yourself. Nothing wrong with that unless it becomes a obsession. Just don't spend a crazy amount on this.
 
That's not how drinking works. Try a bit, tastes bad. Try a bit more still tastes bad but starts to feel good. Your opening premise is shoddy. On top of that, you said, "You now go crazy and drink as much as you can... and you know what, nothing bad happens. " Bullshit! You end up puking in the bathtub. Or worse.

Indeed 😉

That's how this whole situation will end.

Watch it happen.
 
Many generations from now, there will be another Laura who'll channel superluminal Beings and ask deep profound questions.

She'll ask why we must suffer. She'll ask about the world and how she doesn't fit. They'll say but you do, everyone does... You all made a choice together.

Laura will then ask what choice? How did this happen. How can any sane person make this choice?

They will say well, there was an illness and there was a cure, but really, it wasn't cure... It was the pot of gold.

They'll say about the economy and how everything just seemed to lose meaning. They will say how everyone started to partake and indulged in all these things, beyond the boundaries of what seemed reasonable. Everyone chasing their own pots of gold... Sticking it to the man, sticking it to the virus... Sticking it to whoever.

And then Laura will ask, how was it when we finally all got up from this stupor?

They will say it was like getting up with a really bad hangover.

Maybe this is how things play out in these cycles.
 
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