The Boyscast with Ryan Long - They're Keeping You Safe! & gamestonk w/ Danny

Episode Date: January 29, 2021

New Lockdowns, Self cancelling, university madness and gamestonk w/ Danny Polishchuk, Learn more about your ad choices. Visit podcastchoices.com/adchoices...

Transcript
Discussion (0)
Starting point is 00:00:00 And you can tell our friends, and they can have my things when we're dead. But we don't end forever. But we don't end forever. And you can tell our friends. It is the Boyscast with Ryan Long, the first podcast exclusively for the boys. As you know, the electrocution software will prevent women from listening to this. It's Friday. GameStonk, the big story.
Starting point is 00:00:26 I've been obsessed with it. And I'm going to talk about that a little later. And I'm going to bring Danny on to talk about it because he's an investment guru in the crew, if you will. And he runs this website called Hard Money, which is a funny satire site, which was part of the Hard Times universe. He wrote an article today because as I'm writing this, this is when, you know, GameStop, everyone's been buying it from
Starting point is 00:00:51 the Reddit and it's been crushing, just taking out hedge funds, literally destroyed two funds. Lots more to talk about. COVID to start. So I wanted to talk about, I did a history hyenas recently and I talked about how I was a little free and loose with the, and I want to show you the hate mail that I get just to show you how hyped up people are on this. So I basically said, which I've said on this podcast before, I was like, it's kind of a joke,
Starting point is 00:01:19 but I basically said that I've been a little free and loose and it's kind of like when Larry David wears the Trump hat because people would cancel on you. Like I went back and my mom who lives like two hours away was like yeah I don't feel comfortable seeing you right now and then basically if you post a photo of you partying then you can avoid any event in the world which is essentially what I was saying and then this is the kind of messages I get was actually starting to like you on history hyenas tell your goof ass admitted to being reckless with COVID and also traveling. You're literally a piece of shit and part of the cancer
Starting point is 00:01:50 that's killing this country. I hope that you kill yourself, you queer. So that's the level. That's what we're dealing with. And there was another one as well. So, you know, when people go, I make, you know, I'll do these videos. First of all, it's like, if you actually started to like me, it's like, yeah, if you listen to anything I've done or watched anything, I've made literally three videos and I got one coming out next week that, yeah, this fucking lockdown shit's bullshit. And not to mention the mayor of Toronto, the fucking Cuomo, they all came out recently and they all said like, yeah, we should probably open this up. So what I've been saying forever, they're like, yeah we should probably open this up so what i've been saying forever they're like yeah this probably isn't working and in a lot of people's minds this is
Starting point is 00:02:29 how they see you they go you're a murderer you're ruining the country the fact that you traveled and it was like yeah these people are wrapped up so this is this is how crazy it's gotten in the country of Canada. Right now, they give you fines. So I want to read like a couple headline article titles. But basically, this woman, she got fined $2,000. And what she did was she went to drop her kids off at her grandparents. And they go, the grandparents aren't part of your bubble. So we're fining you $2,000.
Starting point is 00:03:05 And how it happened was the neighbors ratted them out. So, and by the way, this week I'm doing a video sponsored by Forbidden Clothes. And the video is, I did songs for feminism. I'm doing songs for COVID. And then, hey there, Delilah. Hey there, Cuomo. What's it like in New York City?
Starting point is 00:03:22 Stuff like that. A couple of good ones. I would do anything for love, but take off my mask. That's the gist of the thing that's coming. And they're going to be having a breakdown as we go. So the lady, she dropped out for kids and her grandparents. And then the neighbors, the nosy Parkers, they call the cops and they go, we see some suspicious activity going on at our neighbor's house there's some rustling some familiar faces that i don't recognize even though it's the
Starting point is 00:03:49 people's sons and daughters they drop off the kids as the lady's driving home the police they get hot on the tail so you know i i don't know even i know how quickly they must be responding to this call like hey uh snitch here i just watched my neighbor have someone dropped off at their house drop everything there's a guy getting murdered they put down the gun you're getting off this time we got something more important so they tail this lady pull her over and she's like was I speeding actually no what you were doing was drop you know were you having a gathering and she goes no those are my kids I dropped them off because I have to go to work. She goes, well, fuck your work. $2,000 fine. And the same thing's been happening all over. They're fining people. Here's another one. Regina woman fined $3,000 for hosting indoor
Starting point is 00:04:36 gathering. Police say had at least eight people, at least eight people. First of all, I think most people that are reasonable decide what they're going to do based on what they feel is reasonable. And if the law gives you reasonable things to do, then you go, okay. If you're driving and you're like, this should probably be a 60, 40 feels, or I guess an American, if you go, okay, this should probably be like 50 miles an hour. And they're like, oh, it's 35. You might say, this feels like a little slow for this area. You might go, all right, well, you know what? I'll drive 40, whatever.
Starting point is 00:05:09 You might, you know, push it. But if you're supposed to drive 50 and they go, the actual speed limit here is one mile an hour, you're going to be like, I mean, fuck that. And then you get a ticket, you get a ticket. So that's how a lot of people feel about this stuff. You're like, listen, I'm not not dropping my kids off at my grandparents. You're being absolutely ridiculous.
Starting point is 00:05:32 So this is the kind of legislation that you're getting in Canada right now and creeping into here. If you go drop your kids off at your fucking parents house to go to work, here's a ticket, bud. And it's so funny because, you know, this point has been made, but it's always like these people. There's this thing in Canada called bell let's talk day and they've been you know it's all about like you know how to fight depression and this and that and it was like you have two conflicting things you were pushing this thing that's making everyone more depressed and it's like okay we'll stop that and you're like well we can't stop that but maybe Facebook post and you go do you not see that these things are all related and you can't isolate one of them bell let's talk day by the way me I've always said it's hilarious because it's basically a day where people come out of the closet as crazy and you're like uh yeah no shit
Starting point is 00:06:18 people I've the favorite thing I've seen is like the basically the craziest person you all know the girl that everyone knows smashed windows like you know just all non-stop like accusing people of fucking you know hate speech or whatever just you can you're like a ball of crazy you're like stay away from her do not date this person and basically they will go online and they'll go this may come as a surprise to you but I want to tell everyone that I have struggled with mental issues. And you go, no, you. There's this one guy we know. And he posted, he's like, you know, I've been meaning to, you know, come public with this, come out of the closet, so to speak, is crazy that I have been mental issues. Let me tell you about this guy.
Starting point is 00:07:00 I'm not going to be Gary Jamerson told me this story, but this is the type of guy we're dealing with. I'm not going to be Gary Jamerson told me this story, but this is the type of guy we're dealing with. One time we were at a show and he was like standing there and then Gary goes, yo, are you do your shoes on the wrong feet? And he looks down, he goes, oh, fuck his shoes on the wrong feet. Imagine leaving the house. You're out all day. You got your shoes on the wrong feet. That's so funny. So it's the same thing as the woke stuff, the game stuff stuff. It's like these people are all, every magazine right now is all just like, they're having a meeting being like, how can we make this about race? Because they're, you know, these are the rules. We love rules. We're hall monitors. And we don't like when people are not, we're not in
Starting point is 00:07:43 charge. We're not bullying you around. Recently, a sketch troupe over there, this place has gone bonkers. There's a sketch comedy troupe. And I know some of these people and some of them got caught in the crossfire and Danny Pollock has been killing them online. But what they did was they posted recently and they said, over the last 15 years, we've been a sketch comedy troupe. And recently we realized we only have, we've only had five black people and 15 people of color and they call them BIPOCs.
Starting point is 00:08:13 And they said, so we realize we've been part of a system of white supremacy. We benefited from white supremacy and we're canceling ourselves. We're canceling the troupe and we're not going to come back until we've figured this out and we've made amends and they all re-shared it being like
Starting point is 00:08:29 yeah we're so sorry you know i've been benefiting from a system of white supremacy we should this apology should have came out earlier and then every comic in toronto and every comic even here has been like sharing this around being like these people are how funny is this they basically said i can't you know i gotta cancel my own thing because i'm a white supremacist and you go jesus christ it's like first of all no no one black people don't want to be in your sketch troupe so this is kind of what they do they don't realize this all this fucking woke shit and this like identity most of this stuff is white people white liberal shit it always has been so as much as it's hilarious to watch them cancel themselves from for being white supremacist it's like this is exactly what i've been saying all along where you
Starting point is 00:09:15 go the fucking audacity of hollywood to essentially have all white things forever basically be pushing you know exclusively white things having this like very specific white liberal perspective for the history of time and then coming out now and being like we've actually done a complete 180 and you guys are nazis because you haven't caught up to us and you know i always said it's the guy who got into a type of music he becomes emo and then the next day he's got you know he's got the next day he's got, you know, he's got the fucking eyeliner. He's got everything. He comes out and he's like,
Starting point is 00:09:49 you guys aren't emo enough. And you're like, you were never doing this. Like this is, when these people say, you know, they want more, you know, people of color, we want more of this. What you mean is you want those people to do your like, you know, nerdy white people thing. And this is my problem with fucking Hollywoodllywood all these people it's like dude my sketch show was probably the most diverse
Starting point is 00:10:10 sketch show and that's because my friends aren't all white it's like when these people in hollywood are like yeah we want to give you know black people a show we want to give people it's like you don't mean michael blackson there's plenty of huge black people that are fucking selling out arenas. And you don't mean them. You mean, hey, can we find some people that are diverse that will fucking do our bullshit that we're into right now? And that's like what this always boils down to.
Starting point is 00:10:37 That's why there's all these like, you know, kind of like woke pockets. And you go, you're all white. And we just, listen, it's not, in my opinion, you go you're all white and which is listen it's not in my opinion you go you probably went to drama school you probably grew up in an area that was all white knew mostly white people were into like white people comedy and now you started and lo and behold that's mostly white people the same way that certain industries are mostly girls in certain industries are mostly guys that's who they attract. But now you're like,
Starting point is 00:11:05 we're all in on this very specific like kind of white perspective. And we need more people of color to get on board with our thing. And we can, and our thing is helping them. And we want them to be part of our thing that's helping them. And it's been going on since the beginning of time.
Starting point is 00:11:19 That's why like Chinese people and all that have that specific word for the like, you know, white savers or whatever. But Danny's been killing them online.'s been posting you know I'm literally shaking that I was shoulder to shoulder with these monsters now that we know they're white supremacists like oh my god in some of it you go it's like it's easy I do find it hilarious but I also find it like I the part of it I feel bad and I don't want to be like that concern trolling thing but part of it it's like dude you're not a fucking white supremacist stop it but the part of it but then the other part of it I'm like yo f f you for telling me what to do when I we had the fucking
Starting point is 00:11:56 most diverse friend group the most like I probably had the most diverse fucking show there that wasn't specifically like the diverse show like if if just shows that were shows, I actually had tons of people. I always make the joke that I added Nidisha Kuja and Amish Patel, even though there were far more talented white people, you know, playing their own game. And it's always kind of been like that. Go to the places where they go, these are the trouble people. They don't care about diversity. It's like, why do, why are, you know, black dudes more attracted to that? It's like, because this is like a little white subculture. So this is what I mean. They're not giving fucking Michael Blacks in a show.
Starting point is 00:12:32 It's not like, well, let's get Cat Williams in our thing. It's like, let's find some younger ones that we can sell them on the idea that this is really helping them. The same way that when you do see, know the a show about fucking an asian girl in hollywood it's always like being what it's like being asian show brown show it's like growing up with a muslim family it's like why can't that just be a guy and you're like because it's not just a fucking guy to you that's all you see is this so it's like yeah let's show your experience like a lot of these people are just a normal experience this is my friends like just normal people and they're like no it must be so hard for you we need to talk about that struggle and guys like A lot of these people are just a normal experience. This is my friends, like just normal people.
Starting point is 00:13:05 And they're like, no, it must be so hard for you. We need to talk about that struggle. And the guy's like, how about I just make a show about fucking me and my friends? They're like, we'd really rather you brought the Muslim parents into it. And to go further into like how the diversity stuff's gotten out of control in Canada, it's because these people, all these people in the positions of power, on top of that, they now, they're so pandering to all this stuff that it just has to get to a comical place. You know, someone said the word clown pill that was like pretty funny. So the comical place is that it's a bunch of young people and old people. They co-opted ideologies that older people thought,
Starting point is 00:13:46 like older people like, yeah, I hate racism. You know, like a lot of, you know, black dudes are like, yeah, obviously I'm for black, you know, I'm fucking, you know, I'll fucking Black Lives Matter, all that shit. And then they're like, guess what? You're also for trans stuff and this. And they're like, hmm. But you're like, yes, but we'll give you stuff.
Starting point is 00:14:02 And they're like, all right. Like you're paying them off to get on board with your other causes and clump them all together in the name of intersectionality but they bought bully people around so much the teachers the freaking uh the high up people and they and if you're rich you know and you have lots of money you go yeah sure we'll do the joe biden you, we're like, we're going to fight our wars. We're going to, you know, give the banks tons of money, but good fucking news. We're going to put a diverse person on the board. You're welcome. This is an article by CBC and this is at a university, the kind of stuff that's going on. McEwen University accuses administrators of failing to take action on racism. We shouldn't
Starting point is 00:14:46 have to go through this at school. And the students say that the place is, you know, it's a racist school. And you go, oh, well, that's bad. You wouldn't want a racist school. This is what they're asking for. They say, we want a curriculum that reflects the full extent of how Black, Indigenous, and people of color founded what constitutes jazz, contemporary popular music, and all styles taught at McEwen. So they want to decide the curriculum. What they also want, the implementation of trigger warnings on content involving missing and murdered indigenous women, girls and two-spirit people, residential schools, the holocaust, prison violence, torture, and genocide. So kind of what people say as a joke like oh do you want trigger warnings and they're like yes actually we do. And now the final we want
Starting point is 00:15:37 alternate assignments provided for self-identifying BIPOC students upon request in cases where the original assignment involves topics that would force students to relive trauma. And for starters, it's like, dude, just don't take the course. It's like, it's at the point where you go, I want to take this university course, but I need you to change what the assignments are. And I need you to give me alternative assignments. And I'm you to give me alternative assignments and I'm gonna tell you what to teach it's like it's sort of funny when these people do go into workplace and you're like you have to have a job and you're like oh your boss is like hey I want you to do this you're like oh I actually need a different assignment or I'm gonna write a big article about how you're
Starting point is 00:16:17 giving me the wrong wrong work tasks and also I would like to go into a store and be like I'd like different prices it's kind of a girl thing where you know, you get involved with a thing and then you're like, we need to make some changes here if I'm going to be involved. And you're like, then don't come. And you're like, gotta come. So I am going to be coming on the trip. Boys are hanging out. I'd like to be there. You got to bring your younger brother.
Starting point is 00:16:38 And also if you were bringing your younger brother, don't swear. And you go, how about we don't bring the younger brother? Gotta bring the younger brother. Telling the teacher what to teach and how to teach it is pretty funny and also a pretty good deal for the school. I mean, if you are going to start a school, you're like, do you guys remember? I think it was Back to the Future where the, I think the, or maybe it was like the Simpsons, but basically the speedometer didn't work on the car. So they go, well, the speedometer doesn't work, but we have a chalkboard. I know what it was. The one with Urkel family matters. And they go, uh, we have a chalkboard on the, we have a
Starting point is 00:17:13 chalkboard here and you just write down how fast you think you're going. It's like, we're going to go to school. You tell us what you want to learn. Actually, you know what? Write the exam. You just write the exam and you mark the exam and then send us money. That's basically what they want. Well, what do you guys want? You're just a university professor. You show up. What do you want to learn about it? A course that tells you what you want to learn. And she says, it's overwhelming, the 25-year-old said. It's been an ongoing problem for years. I've been going to McEwen for eight straight years now, and it's just hard to contain all the experiences into one good statement. She says eight years is a lot of time to be going to school. I mean, not sure what you're taking that you're in your eighth year. And this music history course is a big issue. And this music history course is a big issue. At this point, you do kind of just become part of the institution and join the hall monitor class.
Starting point is 00:18:08 I kind of see that. You've been there for eight years. You're like, I mean, I'm probably never finishing. And I guess the school would be paid for if the person was part of this group or whatever. But that's how it works in Canada. They get free education. But it's so funny because you go, if this person, imagine being a teacher teacher like how much you would hate this chick just showing up in your class like the girl that's written 45 articles about how she needs you to teach what she wants to learn and then you're you're like okay this is your my three my two
Starting point is 00:18:38 classes that i'm teaching as a professor a tenured. And then she shows in just like, just puts down her book. You're like, oh, fuck me. That's not who you want to see walking into the classroom. Put down the book, put down the tape recorder. And you're like, you'd probably be on edge. You'd be like, Mrs., Miss, Miss Z. I'm so sorry. I'm so sorry.
Starting point is 00:19:04 Why don't you just teach the class? That would be scary. A teacher clinging onto your job in the woke areas. You don't want to conform. This girl walks into your class. The ultimate test. I was getting tired of experiencing these microaggressions. Does feel like a bit of a parody and being in a space where nobody took it seriously.
Starting point is 00:19:23 She says, I was slowly wearing me down to the point where I wanted to drop out. I mean, you're eight years in. Definitely don't drop. You're almost at the finish line of your BA at eight years. One course away from my BA in psychology at eight years. This is like the opposite of the sketch that I did this week. Because this is like, you know, I kind of did the sketch and it was like, oh, what are you triggered?
Starting point is 00:19:48 And people who have listened to this podcast probably heard me make that joke a lot. But the idea was, you know, kind of the original joke and a lot of comics say that. But it's kind of like an inside joke between me and my friends. But I've talked about it on the podcast where people will be like, oh, what are you triggered? You're like, yo, you literally killed a guy. It's just like a guy dripping in blood being like these snowflakes. They call me the snowflake melter.
Starting point is 00:20:10 And, or I've had the one where, is even with some of my friends and it'll be like a park show. And I'm guilty of it. You know, some of the things people will be like, oh, that's kind of you too. And I'm like, yeah, it's called self-depreciation in the business.
Starting point is 00:20:22 But it'll be like, they have like these shows in the parks and friends will be like all the audiences with pussies and you're like was it pussies or was it a woman walking her dog 4 p.m and you're yelling cunt there's a there's a lot of comics that will because you know it's hard to fucking you know do super aggressive stuff on stage. It's harder than doing a joke about the subway. So sometimes people, comics will be like that, and some, you know, sometimes the audience is legitimate pussies, but sometimes it's like, oh, these frigging, you know, these frigging snowflakes, they couldn't handle my jokes. And it'd be like a guy trying to have a picnic and you're like yelling the N word. You go,
Starting point is 00:21:04 maybe, maybe it was, maybe the comic was, you know, it's not always the audience's fault. Sometimes it's your fault. Then I'll go the opposite way where I remember we were at a club in Toronto. It was called Imperial. And this was like peak Jordan Peterson years. And there were three university professors,
Starting point is 00:21:22 like anti-Peterson University professors. And they showed up and I was on stage and then they were there to like get mad. So they were, you know, it's right beside the university and they showed up in bad faith essentially. So they were right out of the gate. They were kind of like, yo, you shouldn't say that, whatever. And you're like, all right, are you allowed to say that?
Starting point is 00:21:44 And we're like, at this point, point we're just trying to you know bark people in to get a show going but then I go on stage it was fine they the girl kept talking so it ended up being like a heckle thing but I did fine after the show the three of them go to the bartender and they go this guy was misogynist and what he did was he started making fun of me for being in a wheelchair and uh he was like, and I'm disabled. And he was, and then we go, what? I didn't even know she was disabled. It was dark.
Starting point is 00:22:11 I couldn't even see them. And then the owners like were canceling the show. And then this girl wrote a letter to the people. She's like, I'm a university professor and I'm going to write articles about this. And if you don't cancel the show and blah, blah, blah. So the people that run the show, this is like, you know, kind of the beginning of all the cancel stuff so they don't you know this
Starting point is 00:22:28 doesn't happen all the time and then they were like listen like we can't do the show this girl and all her university friends are like putting our bar on blast and she's writing all this facebook statuses about it like you know if you were doing that and luckily i record all my sets so we showed the person we go hey i Hey, I'll send you the set. You can listen to the whole thing. And then the bar owner, the bar owner called back and he's like, the fuck?
Starting point is 00:22:50 You didn't say any of that stuff. It's literally in their thing. And then he's like, he messaged her being like, we have a recording of the set. So a lot of these people come there in bad faith. They're there to get mad like this girl. And they hear what they want to hear.
Starting point is 00:23:02 And most people probably kind of get the like nuance of the difference of those two. But I kind of, it was funny because when I was doing that sketch, I knew exactly how it was going to go because I was like, on Instagram, people are like it. On Twitter, people are going to argue, but I'm not going to know those people.
Starting point is 00:23:19 You know, they just saw it. And then on YouTube, people kind of argue that most of them like me. And then there's the two people. There's the people that, you know, like you. And then there's the people that like the fact that they agree with you sometimes. And they're not even looking. They're just, you know, you're a weapon when they agree with you.
Starting point is 00:23:35 You're a nuisance when you don't. And I get why a lot of people are like that. And it's the same reason why people on that side are like this. It's because they feel like they're in a war. So if you feel like you're a fucking soldier in a war and you say, and something comes out that you see is hurting the movement, you think, you think to yourself, well, fuck this, what are they doing? And the people are like, well, it's funny. And then just jokes. And you're like, jokes, we have something more important. The movement, what have you done to help the
Starting point is 00:24:04 movement? And I to help the movement? And I go, the movement? I'm trying to make funny things. And that's the kind of thing that gets people trapped. You know, you become part of this wave. You now become, you know, so engulfed in it that you answer to these people. That's how you get all these comics
Starting point is 00:24:19 that are just fucking petrified of their audiences. They don't want to step out of line. You know, there was a lot of these famous, I mean, Ari Shaffir was talking about this. There was a lot of these comics that wouldn't go on his show and they're like, I can't go on your show. I'd love to, I like you, but my audience will kill me. I get the amount of people that are fucking, you know,
Starting point is 00:24:37 kind of on the woke thing or whatever, or they don't even think that, but just that's their careers based on that. And they're like, I can't, you know, associate with this thing, but I think this is really funny because I'll get killed. And I've had that with lots of different people because the thing becomes this engulfing thing
Starting point is 00:24:52 that owns them. And I go, I understand that you feel like you're in a war, but the problem is if they make you, if you're made to feel like you're always at war, you've kind of already lost. So it's like, Oh, we're the movement. We're at war. It's like, I know there's some people, it's like, I just want to be a perpetual soldier. And when that war is done, you'll find another one and then you'll find another one. So you can always be fighting something. But if you, if you're not that, and you feel like you want to be a normal person and if you feel like this world is forcing you to essentially be at war always, no matter what, whether that be like the jokes you're allowed to make, the things you're allowed to make fun of, then you've already lost.
Starting point is 00:25:37 You've already lost when you feel like you're at war 24-7. What have you done for the movement? You know, I saw that with, you know, for example, Sean King, who I, one of my favorites to make fun of. He recently, when the Capitol shooting, because his whole thing has been cops bad, people good, all these police shootings are bad. So when they shot the woman at the Capitol shooting, he was in a bit of a conundrum because he's trying to have like some semblance of consistency. And for the most part, you don't have to. It's so easy to rationalize. You go,
Starting point is 00:26:10 oh, this one's different. She is in the Capitol, whatever you want to do. Right. But I think as he said, he wanted to go, I, you know what, guys, I know that I've been, I hate these people, but I still have to go with my whole thing that police shouldn't be shooting people and killing them and he did a five page in between of this five pages first of like now before I say what I'm gonna say I think this is gonna be a very controversial statement in our community and I just want to say that these ladies are the worst people in the world uh they're white supremacists. I think that America is a white supremacist country.
Starting point is 00:26:49 I think cops are white supremacists. On and on and on. And then finally he goes, but I think that this shooting, I've watched it 7,000 times, and I think that the cop that shot this person shouldn't have killed them. I think that that didn't have to happen. Explodes on him fuck you whose side are you on and then he's responding to all the comments being like no no
Starting point is 00:27:12 trust me I think they're bad I think they're bad I think they're bad I think they're bad I just didn't think the cops need to kill them cops are bad like he's just you know he's scrambling to be like on the right side so I think a lot of people are like that with their audiences and which it's so funny because you're like if you've listened to anything I do or what you go I know I'm not you know I'm not fucking that that's why I was doing you know I do a lot of the fucking left side right side videos one of the things that was making me laugh on that side was I want to do uh you know how there was which the the Pone and Libs compilations, you know, especially when they were good at the beginning, when it was like Milo Yiannopoulos and everyone's like, who are these guys?
Starting point is 00:27:51 Just Pone and college kids. But then it got to the, I want to do one where it's, and this potentially is going to be in the movie I'm making, but they call me the snowflake melter and they're legitimately talking to kindergartens you know destroys kindergartner with facts and logic and i thought that would be a funny sketch but i think maybe you're gonna be movie because getting kids to do a sketch is like a nightmare okay so the you know and the reason i kind of talk about this sketch is sometimes is because i feel like from my end when i'm listening to other people that i like whenever i feel like there's criticism always kind of like you'll defend
Starting point is 00:28:23 yourself dude like especially you know if it's like an artist i like or whenever I feel like there's criticism, I'm always kind of like, yo, defend yourself, dude. Like, especially, you know, if it's like an artist I like, or like a sketch, like a comic I like, and people, they make something and people trash it. I'm like, yo, fucking defend yourself. So I can, what's the, what's your perspective on it? You can take that. But back to the article, they say Ying, who is Chinese, says in one instance, a professor commented on her eyes while providing feedback in front of a group of students. This is like exactly like my sketch, you know.
Starting point is 00:28:50 The teacher just snapped. Yeah, well, ching chong, ching chong. What? The teacher's just had enough. He said, it would be better if you conducted with your eyes open, she said. My eyes were open. It was a very awkward confrontation. And yeah, probably didn't happen. But I love the idea of her sleeping in the class.
Starting point is 00:29:13 Can you wake up? I'm Chinese. This is what my eyes look like. It's called being Chinese. It's like you're drooling you're snoring they stopped even asking the other side of the story in these articles too this is literally you go well what actually happened you're saying that the teacher called this guy fucking chinese he called him he goes oh you open your fucking eyes because he's chinese and they go they just report what happened it's like did you ask the teacher like would you even give the teacher side of the story or you go, they just report what happened. It's like, did you ask the teacher? Like, would you even give the teacher side of the story or you just go, ah, here's what happened. But it's a music history course, by the way. You know, I also want to say, we also want to get
Starting point is 00:29:54 back to the point that this is a music history course. So this is where a teacher who spent their entire life dedicated to this topic. They've written dissertations on this, you know, a literal PhD paper on music theory or music, you know, history or whatever. And you've been a student for seven years and you're like, I've taken this class and he's wrong about everything. Why are you taking the class? Why take the class in something you're an expert on? But academia is getting, you know, on all sides, very political. I know this guy, he runs a course on public speaking and he posted, he's like, you know, I did this course on public speaking. And today I dissected why Trump speeches are bad and Biden speeches are good and blah, blah, blah. And you go,
Starting point is 00:30:45 speeches are good and blah blah blah and you go i mean just you're just teaching a course on how to be a democrat it's like you that is not partisan and i and it's always so my point that i'm trying to make about the nuance here is it's the same thing with conspiracies when you go these cute people are crazy and they're conspiracy you go, these Q people are crazy and they're conspiracy. And the reason people believe with conspiracies is because a lot of times there's a little fucking truth to it. You know, when we talk about pedophile rings,
Starting point is 00:31:12 there's been three of them that have been uncovered in my fucking lifetime, whether it's a Catholic church or the British foster care system or whatever it is. So with the racism stuff, you go,
Starting point is 00:31:21 yeah, there's some fucking racism. And then they go, we need the teachers to let us pick our exams and this and you go, stuff, you go, yeah, there's some fucking racism. And then they go, we need the teachers to let us pick our exams and this. And you go, okay, you let me get away from you a little here, I think. And so if you go, I get with like a black stuff, for example, to go to people that go, oh, if there's no racism ever. Imagine you got arrested.
Starting point is 00:31:42 Imagine you got arrested for a crime. And it was eight Asians interrogating you. You know, you're sitting there, eight Asian guys interrogating you. They all kind of, you know, went to the same school. They're all into the same stuff. Then you go to court. The judge is a Chinese guy.
Starting point is 00:31:58 Your lawyer is a Chinese guy. Their lawyer is a Chinese guy. These two guys know each other. I think everyone, you go, I feel like I might not get a fair shake here. And that's the same way. You know, some of these people feel like that. If you go to court,
Starting point is 00:32:12 judges, every single person's white or Jewish or whatever it is, and you're a black guy, you go, feel like I'm not getting a fair shake here. Because they know each other. Or if you go to a, you know, again, it's not always race. But if you're in a business, show up finance,
Starting point is 00:32:27 the thing is 10 white dudes, the guy interviewing is a white dude, they get the, you know, this guy is a white dude, they're into the same music, these guys went to the same schools. You know, of course you'd be like, I feel like I'm at fucking disadvantage here. Whereas me, I go, a lot of times,
Starting point is 00:32:39 I probably, because of where I grew up or whatever, I go probably relate to potentially that guy more, so it ain't always fucking race, but you can see the speck of like, yeah, I see why you, and then you're looking for answers for that. You're like,
Starting point is 00:32:51 this country's racist. And you go just, yeah, there's more of those people. And those things. So I get the criticism there, but the teach, but the,
Starting point is 00:33:00 but the, but then it always goes to these insane fucking places. And it, you know, it happens a to these insane fucking places. And it happens a lot in the conspiracy world. It happens a lot in the woke world. Every cop's a white supremacist. You go, I mean, you had me at there's some bad shootings. You had me at potentially, you know, some of these cops are bad.
Starting point is 00:33:22 And then you go, every cop's a white supremacist. You go, even the black ones. You're like, all right, you're out of the discussion as far as I'm concerned. The teacher stuff is really crazy. So there's this teacher, Mark Cripson, and the trans stuff, one of the things that I've been kind of arguing about lately is because the trans stuff is such the cardinal issue.
Starting point is 00:33:43 And one of the things that's happening is companies like Pfizer, that they now own these like transition drugs. And there's essentially a conspiracy, but as far as I'm concerned, it's true. And if you look into it, it's like, they're paying for these Coca-Cola and companies like that to do trans ads. Because basically Coke released this out, this whole ad,
Starting point is 00:34:04 and it's all trans people.'s like be yourself and it's a dad you know helping his son put his makeup on and then you know a kid uh getting the hormone medication and it's kind of like be yourself coca-cola you go what the fuck's going on here and then people have been tracing the money back and it's like the companies that own these like transition medications which are like 20 30 grand a year so every time they can get someone to transition it's money in their pockets so you can look at that and then you go this is fucked up these but then the a lot of people have been taking the the stance of like the pharmaceutical companies are taking advantage of the trans people by kind of getting them hooked on this medication and raise them. And you're like, there's just so
Starting point is 00:34:50 much more to this to, you know, to look at the trans issue and be, you know, the pharmaceutical companies are the problem. It's like, this is what happens with a lot of these intellectuals that just isolate one single issue. You go, there's so many connected parts of this whole trans issue, which is kind of like the linchpin issue. And so this teacher, his name is Mark Crispin Miller, and he's getting murdered right now by saying, you know, he said there's correlations between the, you know, the ads for trans people to be trans people and the propaganda in world war one which bold take you know i think that a lot of people would be like well i mean everything's propaganda to some degree whatever you could say that but they said he's pointing it out and he's
Starting point is 00:35:36 like look at it's like legitimately the exact same language blah blah blah and he runs a propaganda course at nyu basically he had one of these people showed up to the course, showed up to the course, notepad in hand, wearing a wire essentially, came to the course one day, posted. She goes, I'm at a course, an alt-right, my teacher's alt-right. He's basically anti-trans. This guy's getting killed. I think they put him on leave. And it's like, you know, it's hard to say when you have a,
Starting point is 00:36:09 you go, this is the number one issue right now. Sprite. It was a Sprite ad, actually not Coke. They go, you know, this is why you have to be trans.
Starting point is 00:36:19 And to say that, what's going on here? And people are kind of like, who is, and I don't think the pharmaceutical companies are the start of it. You go, they're, they're, they're going to profit off this always. It's like, that's, that's what happens. These movements happen, whatever they are. And every big corporation's like, how do we get our grubby fucking paws on this? You know, there's sex work thing. Okay. You know, it's a dot dad showing his daughter how to be a
Starting point is 00:36:44 prostitute. He's inserting the penis into her vagina know, it's a dad showing his daughter how to be a prostitute. He's inserting the penis into her vagina. And it's like sex work's real work, Dr. Pepper. Dad's gotten his girl blowing a girl. It's like, I'm so proud of my daughter. She's a prostitute. She's fucked nine guys today. She's the top of her cohort in prostitution.
Starting point is 00:37:01 Dr. Pepper. And the biggest probably issue is right now, can they compete in sports? And whether you're for it or against it, you just have to be like, yeah, this thing's a whole fucking mess. Because basically the implications of this have to like redesign all the world. You know what I mean? And it's like, you know, you could say if you wanted to start actually trying to solve it, maybe you could say, how about this start actually trying to solve it maybe you could say how about this biological women in one category everyone else in another category how about that's fine so it's not the men's they're not competing in the men's category they're competing in the open category so it's like when biological women and in the open category you know girls can already
Starting point is 00:37:38 compete in men's sports and it'd be like no they are biological women you go we're at a bit of a standstill but the reason it's funny, this is an issue that is clearly against, you know, it's trans people versus the old school feminists. And they're at war right now. These two agendas clearly don't go, they don't jive. They're all part of the intersectional thing.
Starting point is 00:38:02 And none of it affects me. 99% of these things, like at the core of it, it's like, fucking get Ryan to have less jobs. So, but this one, you go, it's the trans agenda fighting with like the old school feminist agenda. And ain't none of it have any effect on me. Woo! Win for the boys. That one is sort of a win with the boys. When you get those little fights happening, you know, when it's like gay people versus the race thing or whatever.
Starting point is 00:38:35 And you're like, enjoy the fight, boys. Because it's all, you know, it's all just such a mess. Because they all have such standards of what they need. Both, like a lot of these groups what they need involves like redesigning the world they both need to redesign the world and they're all trying to work together because they're like we're all trying to redesign the world together but they're not they need their hierarchies of who's higher you know these trans people and then it's women so so that that one you just have to look at is like, okay, so if, if women's sports,
Starting point is 00:39:06 it'll get feminists more hyped up, if feminists that aren't for trans stuff, you know, put their foot down, it's gonna get trans people mad at them, and you go, oh, I'm gonna grab the Michael Jackson popcorn meme bag, and just sit back and watch the show. Watch them cancel each other. It's all you can do. Take your little funny nuggets when you can get them. I heard a canceling described a good way, but they described it as opposition research, like politicians do.
Starting point is 00:39:36 And I thought that was very true. And they've got the media as a tool to do opposition research against their enemies, which I've seen. And it's like this war thing I've talked about. Anyone feels like they're in a war. And these are their enemies. And they've legitimately hired people to do fucking opposition research.
Starting point is 00:39:53 And the media is doing all these tools to get people fired. Because they don't like them. They said, if you were a hammer, everything is a nail. And I thought that was pretty funny. So on that topic of that, I have one more funny one that someone sent me. And it's kind of like veganism. Everyone was like, oh, this stuff got pretty out of control. Like the, you know, and I think a lot of people were on board.
Starting point is 00:40:17 They almost became hacked to make fun of. These people are, you know, kind of surpassed them in the category. But it's always funny to look back at what they're saying. Because they were the ones that started with the language stuff. And they said using animals as insults perpetuates speciesism. It may be a little bit of a loop where the, you know, the PETA people are like, I like what you're doing there, you know, stopping language and all that stuff. Like we got to get this in more. And they've all stole from each other. But this is where the stuff goes. And they said, instead instead of chicken you need to say coward instead of rat
Starting point is 00:40:49 you need to say snitch instead of snake you need to say jerk these are the kind of things you there if you call someone a chicken what has a little bit of a and you go first of all you're wrong because linguistically they don't quite mean the same thing and the reason you use an animal is because it's essentially cuter and it takes this fucking sting off. It's like if you're a dad and you're with your son and you're on the top of a bridge and you're going to jump into this water and your son's like, I don't know, I'm kind of scared. You're like, oh, what are you, chicken? That's not so hard. You look your son in the eyes, you go, what are you, a fucking coward? What are you, a coward? It's like my dad's calling me a coward. Those aren't really synonyms like the reason they have these cute animal names except for the next one pig when you call a girl a pig but if
Starting point is 00:41:29 you're eating too much be like oh don't be a pig if you say they say you replace pig with repulsive hey don't call a girl a pig call her repulsive that one I go I'll do it I won't call a girl a pig I'll call her repulsive but if you're eating and you go, oh, stop being such a pig. And then you go, stop being so repulsive. Like, no, the reason why that one, they say big is it's, you know, less sting. It's cuter. And they say, don't say sloth, say lazy. That one maybe is a little closer, but I think that one sloth is a little more.
Starting point is 00:41:59 But it's funny. It's always going to boil down to if you want to get your way and you have this like puritanical thing, what you need to do is change the language, which is what these people are going to do. So I'm going to, okay, we're going to go into talking about the Gamergate thing. But before we get that, you've noticed from the video this week, but this week was forbidden clothes week. I did everything was brought to you by these guys that dude's a cool guy.
Starting point is 00:42:23 You know, he follows all this stuff. He really likes my fucking videos and stuff and he was like dude can we we'll do a whole week and so check their stuff out i'm wearing one right now uh and this podcast is sponsored by my friends of the folks at forbidden clothes forbidden clothes is always releasing t-shirt designs hoodies and all kinds of apparel that pushes the envelope and really sends a message sometimes it sends a message that gets gets them hate mail and death threats social media suspensions and pretty much the whole nine of censorship and shame these guys very much are forbidden forbiddenclothes.com these guys are banned from everything i'm like there's a shirt company you're not supposed to wear them so instead of walking around like a meat puppet billboard you fucking don't be a meat
Starting point is 00:43:05 puppet and displaying the logos of massive brands and corporations that are doing nothing but constantly screwing you wear something that both looks good and feels great and can possibly get you kicked off an airplane i saw this copy and i go listen guys i'm trying to sell your shirts here but i don't know if the best way to sell them is like wear this shirt you'll get kicked off the airplane like the Chinese guy on American airplanes or it'll get you kicked out of horophones but maybe it won't they said maybe it won't so if you buy the shirts it might not get you kicked out so go to forbiddenclothes.com and forbidden underscore underscore clothes on Instagram two underscores guess why their last couple got
Starting point is 00:43:45 by the time we and danny were saying this but by the time that this comes out there's probably going to be three underscores but check out the instagram by right now it's that and they do have really cool art and they've gotten some pretty hot babes for the models so that's always fun to see that on the screen check out their website give them a follow and let's get the algorithm working in their favor because their art and designs are probably not something that big tech wants to trend. So you're screwing big tech by buying the shirts, following the Instagram.
Starting point is 00:44:11 The code is Ryan10 at checkout to save 10% on your order. Support the sponsors and support me. Support the podcast so I can keep buying locations for my cool things. I just did a superhero sketch. I rented out this huge place. Location, location, location. Now, Danny Poloshuk, a man that knows the stock market.
Starting point is 00:44:31 You know, I've always laughed because when, you know, he was a Tesla bull for his whole life. Like, I'm going to have all my money in Tesla forever. And he's been trading forever and stuff like that. And when Tesla, he sold it in the crash, and then it, like, tripled. And it's like he's been trading forever and stuff like that. And when Tesla, he sold it in the crash, and then it like tripled, and it's like he's been kicking himself. Like he just lost a fucking ton of money.
Starting point is 00:44:50 And he was, at one point he was like, dude, if I didn't do that, I could have retired. And I go, you've never had a job. You've never had a job since I've known you. What are you retiring from? So I thought that was pretty funny. And it's kind of like when Kramer in Seinfeld tells people, he's like, ah, I didn't want you guys to know I'm unemployed.
Starting point is 00:45:12 So without further ado, fun episode. And now I'm going to talk to Danny Polishok to get in the nitty gritty of the Game Stonk. Game Stonk. Here with Danny Polishok. Wait, we're doing a thing on Game Stonk? Stonk or Gay Stonk game stonk here with danny polish wait we're doing a thing on game stomp stonk or gay stonk gay stomp yeah that's when i thought we were doing gay stomp that niche where it's a gay guy stomps on your balls i thought gay stomp was like when people gay bash you and your friends you know you guys are coming out of the brothel and then it's just like, who are the, you know, who are, you know, you have the dick in the mouth. Yeah. I mean, regardless, I feel very underprepared. Yeah. So where's, okay. So this is where is that right now?
Starting point is 00:45:55 It's been fucking all over the place, dude. Like I, when I got, so we shot a sketch yesterday and then I got home and I did my podcast and I like literally talked about it for 40 minutes and I was like and I was like Hoping that I'm like, you know, there's nothing gonna be super crazy and then I like release it this morning And then there's just like all this other crazy shit happen in this too. It's coming out tomorrow and that's yeah I know and I actually changed the date. I was really it's the funniest part I changed the date when I was really day I was releasing my podcast from like Tuesday to Thursday.
Starting point is 00:46:26 Cause shit kept happening on Wednesdays where I would like release it on Wednesday morning. And then something crazy would happen Wednesday afternoon. And like, yeah. Right. And then I was like, so it was like,
Starting point is 00:46:36 I'm changing. And then last night on the podcast, I'm like, man, I'm glad I changed it to, to Wednesdays. And then today, like it just more craziness.
Starting point is 00:46:43 And I was like, whatever, fuck it. Yeah. Cause you were sort of on this from the start. One thing I'll say out of the gaze, days and then today like it just more craziness and it's like whatever fuck it yeah because you were sort of on this from the start one thing i'll say out of the gaze like i've never seen more like everyone i know posting about the game stop thing like every comic in toronto you probably have everyone mess you about stock so it's like every person been like hitting you up oh so many people have been like what is going on and it's like the funny thing, cause I went in and just like, I kind of like gave it cause
Starting point is 00:47:07 like someone's like, what's going on? And I'm like, I have to like explain to you like what a short squeezes and like all this stuff. And it's like, people are like, what's over text. And I'm like, well, I don't know. It's going to fucking take me an hour to explain this to you. For those people. If someone messages and they're like, Hey, what's, what is this?
Starting point is 00:47:22 Should I invest? You're like gamble if you want to. Yeah. Yeah. I mean, people are asking me, they're like, should I buy this? I'm like, no. Although I will say that I bought AMC today. You bought it. I bought some AMC. So the reason, but you've, you've been since the start of this, you were like, yo, this is sick. You put a bunch of money in. I mean, I like, I like the element of the little guy fucking over the big guy. But then today, the big guy straight up was like, yeah, not so fast, little guy. I think you forgot a reaching power. So essentially, all of these huge companies, I have this little article here too.
Starting point is 00:47:58 And all these companies have these huge short positions. So all these hedge funds have these huge short squeeze these short positions which so all these hedge funds have these huge chamath polyhapitia probably put out one of the best explanations of of what exactly he just tweeted it maybe like i don't know not that long ago but one of the better explanations of what's going on uh how these stuff they just super leveraged they never kind of like they're on not heavily regulated and they just were like you people were, there's like one big group that like, that Melvin Capital or whatever, where they're the ones who like, are the smartest guys. And so they do these like short trades.
Starting point is 00:48:35 And then all these people just follow them into trades because they're like, yeah, these guys are so smart. We just copy what they do. And then the really only way this whole thing could blow up is like, what's currently happening currently happening right and they just never really like built that into a risk model that like this could ever happen yeah right and then but so the crazy thing is like so that melvin capital started to like blow up because of this short position they needed to cover their shorts they're backed by this uh citadel which is like this yeah this is like this big hedge fund but so the craziest thing is so then today uh robin hood was like we're not allowing buys in in uh gamestop and amc you can only sell
Starting point is 00:49:17 shares of gamestop which is like if you're a short fund which is a short if you're short you're like that's what you want is you want nobody to be able to buy and only be able to sell so that you can buy the shares you need to cover your position if that's what you're trying to do but then it's like so the way rob because you know robin hood's no commission right the way they make money robin hood is some commission they take a tiny percent of no no they don't take i was looking this I was looking this up yesterday. It says they take a tiny percent up to $5. Oh, I didn't know that. Maybe on options, as I understood with Robinhood, or at least for certain stocks, is that there's no commission, but what they do is they sell your order flow. And the company that buys the order flow is the one who's basically financing the whole operation. So they're basically selling data. And the
Starting point is 00:50:03 company that buys this data is citadel i know so citadel is buying this information and then they're the ones who basically go hey go you like they're the ones who are now like have this existential risk essentially and then they're like yeah stop allowing people to buy it yeah and then rob it by saying that you're by saying that you're protecting them from themselves when in fact you're literally just protecting these hedge funds now there is a scenario where these hedge funds are like you know literally about to fucking like implode and you know there is real risk where and like it was happening yesterday and it was happening a bit today we're like you know if you're a long well if you're a long short hedge fund then what happens is like you're like we have some bets that we're like betting go up and we have some that we're betting go down. And then because
Starting point is 00:50:49 the ones betting go down are going up so much, we have to buy them to cover, which means they have to sell their longs to buy their shorts. So then the shorts go up and the longs go down. So it's just, it's causing like chaos. Yeah. Everything else has been pretty down yeah so like all these things go down and the reason like a lot no again stocks people sell stocks for lots of reasons like the markets do for a correction it's hard to know exactly but for sure there are funds who are like yeah we have to sell all these like you know our shares of apple to fucking cover our short the amount of probably places that are essentially straight up data trades like you know they're almost computers at that point just the amount just the like chaos of that
Starting point is 00:51:30 and all the indicators for them are like oh we got to sell everything yeah the high frequency traders and stuff and then not only that but there's lots of like these hedge funds high frequency traders who saw what was going on and they're like yeah we're gonna go long game stop like we're gonna buy game stop too and we're gonna fucking like join in with these Wall Street people how many of these people you think hedged by buying you know like the guy that works at these places but like low-key on his off time he's actually
Starting point is 00:51:54 buying GameStop for the people ah fuck I don't know I mean there's the thing is the games dude GameStop in the pre-market today hit like $520 I think it closed at $230. I saw it. But then it's crazy.
Starting point is 00:52:07 So it went down like a ton. And then it now- It hit like $112. It hit $112. So its pre-market high was $513. It's day low after they just- Dude, I was talking to this dude, Charlie, who works at Hard Money. Yeah, that's what I want to know.
Starting point is 00:52:24 He's all your gay stock buddies. Well, this is the website. He's not... He just helps. He's one of the writers or whatever, but we were talking about it, and we're like, how many times has GameStop been halted?
Starting point is 00:52:36 Because what happens is that it gets too crazy, they halt it, and it's like something like 15 times. Or up. It kept getting halted when it was on its way up, too. They just halted to just, like, give it a pause kind of thing. But it got halted 15 times today. And, dude, it's like, you know, if you just tell people,
Starting point is 00:52:54 hey, you're not five minutes, sometimes seven minutes, where it's just like there's no trade. But it's like, you know, some stocks, like, it's rare for stocks to get halted, period, let alone 15 times a day um there's i mean dude i'll tell you the big winner today was bitcoin that that's the consensus in my group is that the big winner was bitcoin because today was the first day where people and so well silver was a big winner because that's wall street bets next play is that they're going
Starting point is 00:53:21 to try and short squeeze silver so uh people were just buying, you know, people were like, well, all their trades have been so successful so far. They've made so much money. So people are just kind of piling in, which drives the price up. I don't know if the silver trade is necessarily going to be like, you know, whatever, it's still just silver. But Bitcoin actually today got a real bump in terms of its like usefulness like a real cosine because people are like yeah you know like bitcoin this is what happens when people can control your
Starting point is 00:53:51 fucking markets yeah they just sort of say hey guess what you're we're protecting you from yourselves you're not allowed to buy anymore now the one thing i'll say about bitcoin is that and this is obviously a potential real hole in that idea, is that, you know, I buy crypto on Coinbase. Like Coinbase is really just Robinhood. Like they could just be like, hey, we're not letting you buy Bitcoin. You can only sell Bitcoin if Bitcoin goes up too crazily. I mean, it seems really counter to their whole ideology and everything. But I mean, dude, Robinhood just shot themselves in the foot so hard today because
Starting point is 00:54:25 they're supposed to be like i didn't even realize but there's they were planning to be ipoing soon like doing an initial public offering and then you're like like everybody's like fuck robin hood who the fuck wants to buy that stock now not even who wants to buy that stock but it's like dude they just turn themselves into like a like these villains they turn themselves robin hood to whatever the opposite of robin hood yeah yeah like the fucking sheriff of nottingham you're like you do the opposite now yeah you know you're like nottingham it's it's like you just gave yourself the most ironic fucking name ever like you know gamestop is not a good business like like they're not like killing it and they're being unfairly held down this was just a thing where like people on wall street bets figured this thing out very smartly of them that
Starting point is 00:55:11 they're like these hedge funds were in this position where they could be in a lot of trouble if everybody just coordinated and started buying the stock but like the game stuff's not worth more than i don't know if i if i had to put a high estimate on it 25 a share like you know they're fucking yeah a console comes out every seven years people buy their video games through their like console like you don't go into a store to buy games anymore what do they sell funko pops like why are they worth fucking like like seriously like it's not a good business yeah like it's it's going to be much further down, but the fact is, Robinhood should not be stepping in because these retail traders figured out this thing
Starting point is 00:55:53 and are now squeezing fucking hedge funds. That's a risk hedge funds took, whether they knew it or not. They're getting beat at their own game. Even if you look at the Wall Street Bets stuff, you'll see a lot the idea is, like, even if you look at the, like, Wall Street Bets stuff, you'll see a lot of, it's, you know, a lot of the sentiment being, like, put in all the money that you could afford to lose. Like, that's, it's not that these guys are geniuses, but, like, a lot of people, that is the sentiment. Like, everyone kind of knows, yeah, I could lose this money.
Starting point is 00:56:24 And there's a lot of, like, hey, remember how these, like, suits fucked us in 2008 and how your, like, dad lost his house? Like, we're going to get them back for back for this like right now through doing this like there is this real like revenge element and like who is fucking robin hood and all these brokerages to just be like hey yeah we don't think you want to protect you from yourselves now granted there there will be some people like there will be you know just like any bubble like it will pop and there will be some people like there will be you know just like any bubble like it will pop and there will be some people who are you know probably like jj harmed jj exactly but like who are you to stop them from doing that like you know it's like imagine walking into a casino and then the casino is like you know what we think you lost enough money you're like fuck you you're like it's my money this is the this is what you guys do i'm gonna lose to lose as much money as I have. It's my right. Yeah. Yeah.
Starting point is 00:57:05 And yeah, so I don't know. There's more to it than that. But on the, it, this was like one of the largest, just like blatant rigging, like the system that you've ever seen.
Starting point is 00:57:15 Cause if it was the other way around and hedge funds were just like, they were like, you know, retail normal people. Well, if retail traders were short and hedge funds were long and they were like, we're going to squeeze these fucking regular people people robin hood nobody would step in and be like hey hedge funds you know what take the foot off the gas you're not allowed to buy the shit
Starting point is 00:57:32 anymore they would just be and they're 100 allowed to do that and probably do do stuff like that they do all sorts of shady shit like that dude all sorts of shady shit and they're just they're getting a taste of their own medicine but the problem is all the regulators they're all just like fucking all tied together they're all friends portnoy dude portnoy had apparently a million dollars i think he had a million dollars in amc and then they're just like yeah you're not like we're like we're ending buying you're only allowed to sell and it's like dude if you only allow people to sell it's impossible to make the price like i'm like so who's on the other side of that trade then if you're only allowed to sell your shares who's buying no it's that's just on robin hood because that wasn't on robin hood
Starting point is 00:58:09 there was a lot of other places that do that too so they all the other ones went lock stock just like how they do with the sensor not they were they did some stuff like like my trading platform came in and they go you're not allowed to buy on margin so because normally what you can do is you can be like if you have a thousand dollars in your account they'll be like you can buy two thousand dollars worth of amc shares we'll lend you some money to buy it and then yeah but there's no margin buys they because some were like no margin buys some were like straight up like uh yeah some were no margin guys some were basically saying uh uh no trading whatsoever we bull and then they were making some were making excuses but like dude a lot of people were just like yeah
Starting point is 00:58:51 steve cohen is like the dude who bought the mets is like just he's behind him and portnoy and him and been going out i saw portnoy being like you're a piece of shit and then the guy being like how am i a piece of shit i'm just trying to make a living yeah you try to make a living this guy owns the mets he's trying to make a living but yeah like um no i was saying that like is all the celebrities that i was you're kind of like that kind of rules they're all for this and all the celebrities that you're like that guy sucks they're all like this is actually a problem what's happening and we should be stepping in and sax made that davis sax guy made the pretty good point where he was like he's tying this into the censorship stuff because he was like a lot of these tech people that were you know kind of going to be part of the you know buying gamergate and stuff when they were trying to take down the subreddit he was like see i like now it's like
Starting point is 00:59:37 remember when uh two months two weeks ago when i was like you guys are going down a bad path with this like big tech collusion to censorship he's like yeah what did it take two weeks for all of you to be like yeah you were kind of right like it took two weeks to fuck them like you know what i mean but i will tell you this i'm currently watching the price of my amc shares in the aftermarket and they're fucking ripping right now this story is not over yeah it's not over like these there are these still huge short positions in these in gamestop and amc and they still have to cover them some of them still have to come they still have to cover them and i tell you what a lot of people they probably saw the robin hood thing and they go you know what this buys us some time maybe the stock will just keep
Starting point is 01:00:20 going down and we don't have to worry about this. But if the stock just keeps going up, then like they're in a lot of trouble and Robin hoods fucked and it didn't even work. Oh dude. Oh, exactly. Oh, well, exactly.
Starting point is 01:00:34 They can say we tried or whatever, but I mean like at this point, if you buy a share of AMC, I don't know when this is coming out, but if you just want to fuck these people over, go buy some GameStop, even if it's $500 or $250, whatever. Just go buy a share of GameStop just to drive in the knife. Because at this point, they have made the...
Starting point is 01:00:55 Like, dude, that's the only reason I buy AMC. Do I think that it's a good company? How much money did you put in? Severely impaired. I bought 1,000 shares. Yeah, when I tried to buy my scotia wouldn't let me buy stuff for three hours yesterday oh dude my whole thing so this morning so you know i had cineplex because i bought cineplex i dabbled in a little taste of all this stuff right so anyway so
Starting point is 01:01:20 i bought cineplex and then this morning seeing what was going on all the carnage i was like you know what i'm gonna and cineplex was like up five percent so i was likeineplex and then this morning seeing what was going on, all the carnage, I was like, you know what? I'm going to end Cineplex was like up 5%. So I was like, you know what? Fuck this. I'm getting out of Cineplex. I'm like, I'm going to get out of Cineplex right at the bell and then I'm going to buy silver because silver was like the next big play or whatever. And then I just like log in and like, I am like none of my accounts.
Starting point is 01:01:39 I can't, I can't get into any of them. I was, I managed to sell my shares of C cineplex by going into my app on my phone my banking app on my phone and placing a trade through my phone but like none of my shit was working like it dude these are like do you much like i have td you know how much money td makes a year they literally make like two billion dollars a quarter okay and they can't figure out how to get these trading platforms to work like insane it's insanity like you're making jj is calling in his bets yeah honestly he probably fucking he probably like was smarter than us because at least someone probably picked up i was like dude i like couldn't i so i sold my cineplex it goes through and then i'm like all right i'm
Starting point is 01:02:19 gonna try and fucking buy uh endeavor silver and i'm like i just can't put an order in. And it was like fucking rocketing higher. And I'm just watching it being like, I'm trying to buy and it won't let me. Because it was fucking flipping. Oh, dude. And now granted, this stuff is very risky. And like, but like, you know, the whole thing is like, people get the risk.
Starting point is 01:02:40 It's like smoking. Like, yeah, people smoke. They get that it's bad for you. They get that going to McDonald's is bad for you. Let you let them do it like you know the one thing this is maybe a conspiracy take i don't know but like there is one element to this that i wonder about this is maybe not coming out is like i wonder if there's like all these hedge funds who are like super exposed to this short game stop thing and there was to potentially be like an unwinding unraveling happening if this got too out of hand, where this would actually have real, like real severe economic effects where like, they were like, look, if like, if this unwinds
Starting point is 01:03:14 in a really like unhealthy manner, we're like, you know, hedge funds are forced to just liquidate everything. Like this would literally cause like a crash, like panicked crash and and they were like you know the sec basically told robin hood and all these things go you have to stop this because like this could actually cascade and get like really bad where you're talking about that sounds like the opposite of a conspiracy thing that sounds like a you know well it's a conspiracy take in the sense that the sec has not come out and said like yeah we were actually behind this because we're worried but again they would never say like, Oh, we're worried about this contagion because then that in itself causes panic.
Starting point is 01:03:50 So they have to basically do this all behind the scenes. Cause just the act of mentioning it puts that idea in people's heads and self-fulfilling where then it starts happening. So funny. And you see, I sign like just so many articles. It's just so funny to be on the other side of the art, like the coin with these people. And they're like all the rationales of all these places posting, like this is actually not funny and it's not a good thing to do.
Starting point is 01:04:16 Like these posts that go, I don't know how regulars will eventually address this, but the hammer will come down and it won't be funny. So if anyone who thinks this is funny just understand that it won't be and it was like no it's still funny i mean dude i like i don't know you fucking bet on donald trump to win the election because it was funny like why can't you do that because it's funny yeah why can't you make a wager something's funny and they're putting stop to it the one thing i will say is they really should make it illegal.
Starting point is 01:04:45 You should not be able to be short more than 100% of the float of a company. That's fucking crazy. Yeah, right. And who was saying that? Who was coming out and saying that? Every fucking rational person is like, yo. Well, this is crazy that you let them do this. Yeah, it's the SEC's fault.
Starting point is 01:05:01 Yeah, so they're going to short more than double it. And then they'll cover them all as it goes down. Yeah. yeah it's the sec yeah so they're gonna show they short more than double it and then like okay they'll cover them all as it goes down yeah like they're selling it could keep going down and yeah and like the thing is there's always like uh i guess like you know when you there's always like a long on the other side of a short because it's a borrowed share and like dude it's fucking it is a real like web where like it can cause some really bad shit. And again, it's always the thing where it's like, you know, the really smart hedge fund people, they find these little loopholes and they take advantage of them for as long as they can.
Starting point is 01:05:33 And like, you know, that Melvin Capital thing, they were fucking like Wall Street darlings, making tons of money until, and it's always like until it stops. It's like, it's great. But like, if you look up this thing, long- capital management it was like a uh in the late 90s it was like it almost brought down the entire financial markets it was like and it was like this a similar hedge fund thing that they were just doing this strategy that was super risky that they deemed to be not risky at all and then it just started getting away from them and like they were just like like losing so much money that was like an existential risk to like the markets What were they doing? They were doing...
Starting point is 01:06:07 I was actually reading about it the other night. They were doing just a type of trade where they thought it was risk-free because they were taking two sides of the trade. And then there was just some unforeseen element, which is what always happens, is what they couldn't predict happened. And then it started just like snowballing.
Starting point is 01:06:25 And dude, they had to get, I'm pretty sure they had to get like bailed out by the government. Like, yeah. Because you were saying at first, you were like, this might go on for four months. Like you said, that was some of your like smart money buddies, you know, were saying.
Starting point is 01:06:35 Well, it obviously. This short squeeze thing could go on for months because there's just unlimited people they could do it to. Not only that, but it's like, it's this hive mind thing where everybody starts like you know i'm not commenting in wall street bets right i'm not in there being like hey guys let's fucking fuck these people over but i saw that i'm like let's just start buying all these short companies because everybody else is thinking the same and then you're like it's a can't lose thing as long
Starting point is 01:06:59 as people don't step into fucking like robin hood to fuck you over like everybody's like look let's just put a bunch of head funds but the thing is is like you start putting these hedge funds under and then like a pension fund in Iowa goes under because they're tied into it like the subprime shit and you're like okay yeah but like some retired teachers like not eating this month now because these fucking idiots and Wall Street bets figured out that they could do this thing with short with GameStop right and so it's like there are like these real world effects as funny as it all seems like everything's decided you on oh i'm a hundred percent on team wall street bets i don't give a shit about that yeah
Starting point is 01:07:35 i'm just saying when you when you're thinking about it from someone who's like job it is to keep everything just running that's how they're thinking of it they're like yeah they're like a big celebrity now no it, they're anonymous. I thought he's going on, the guy who started it, is going on doing press everywhere. No, he left it a while ago. He's like a guy who started it, but he left it. They splintered.
Starting point is 01:07:55 As far as I know, Charlie, the guy I know, is in contact with the mods at Wall Street Bets. Maybe he knows personally who the guy is. I don't but as far as i know these guys are i mean you don't want to be public if you're these guys you're just asking for like the sec to show up at your fucking door yeah really i mean dude think about think about it this way okay they made it private yesterday for like while they were sorting shit out they made it private and every one of these mean stocks literally tanked. They made it public again. And then they all shop back up.
Starting point is 01:08:27 So you're like, you could literally just like, if you're the mod, we go make it private, buy all these stocks, make it public, sell all these stocks, retire.
Starting point is 01:08:34 Yeah, really? Also, there's the other thing where it's like these hedge funds, like the people in charge could go to someone like him and be like, Hey, we'll offer you this many Billy, you know, this many billion you know
Starting point is 01:08:45 this many millions of dollars oh i promise he must i promise you well it's not gonna get shut down but i promise you maybe i promise you there's a lot of fucking quote-unquote retards on wall street bets who are like just posting under anonymous like names doing due diligence who are getting offers from like major hedge funds to be like hey come work for us right oh for sure i guaranteed that's happening they're like yo like because because the fact is like some of these guys are doing as good as work as people who are their profession oh this is what they're saying the article they go you won't laugh when the eventual feature you won't laugh when you read the eventual feature of a teenager misplaying GameStop options on his dad's account and costing his dad,
Starting point is 01:09:29 his house. Well, that's the kind of thing. And you're like, they're reaching here. You're like, Oh, I mean,
Starting point is 01:09:35 again, you can't leverage your house. Here we go. If we let this go forever, what a kid's going to break into his dad's account and then spend all his dad's money. And you're like, I mean,
Starting point is 01:09:45 yeah, I don't think you should have a, a, your stock trading account accessible to your kids to come in and trade all your things. But it's like, yeah, first off,
Starting point is 01:09:53 there's nothing that's prevented that. Yeah. Like there's nothing that's ever prevented that from happening before any of this stuff. And it's like, what's your kid's going to go to the bank, pretend to be your dad, remortgage your house,
Starting point is 01:10:04 pull all the equity out. And then, yeahortgage your house pull all the equity out and then yeah exactly and pull all the money out and then you go buy fucking options like yeah i can you know anybody can if they know their parents password can go log into their account and do some shady ass shit it's like you don't because they're you know your fucking parents but yes theoretically you could do that be do that anytime. Okay, so the last thing is, how does it... So is it the mods that pick the stocks or is it just the ones that get upvoted the most? No, it's Hivemind. It's just Reddit.
Starting point is 01:10:34 How did it get picked? How did they decide? I'll tell you. I talked about this on my podcast a lot. So I gave kind of the rundown. But so essentially what happened is... Punching Down Podcast. Punching Down Podcast. You can check it out. But I'll give the short story here. So there was a guy on Reddit.
Starting point is 01:10:49 His name was DeepFuckingValue. That's his Reddit handle. So in like early last year, early 2020, he was in the subreddit or whatever. And he's like, hey, I have this play. It's like Game i have this play it's like gamestop's three dollars um and and basically his thesis was he's like every seven to ten years there's this console cycle he's like there's a new console cycle with the ps5 and the new xbox he's like it's coming out i think this will be really good for um for gamestop uh the stock is like three dollars or
Starting point is 01:11:22 something right and he's like or four And he's like, or $4. He's like, I think it's going to be really good for GameStop. So I'm buying it. And he goes, and also he's like, there's this crazy short position against it, which could also help me. So he bought 10,000 shares of GameStop and then he bought a bunch of long dated options as well. Okay.
Starting point is 01:11:40 So he, so this was his theory. And at one point, and he would post constantly just posting his screenshots of his account. So he started with 100 grand. And then starts turning around and it's like he gets back to even. He's posting it. And then it starts going and going. And as he's posting it, I guess people were like, yeah, there's something to this short position thing. At first, it wasn't like, oh, I got a million upvotes for it. People at first, I think, were like, yo, this guy's fucking crazy. What a stupid bet, which they love on Wall Street Bets.
Starting point is 01:12:24 They love when people do crazy shit and risk a lot of money for dumb shit. So people at first were like, what a stupid thing. What a crazy thing. And then it started to pick up steam. And this guy was like, yeah, okay, I'm up a hundred grand. I'm up 200 grand. He's like, I'm up a million dollars. And it just keeps climbing and climbing. And people are like, yeah, with this short position thing, they're like, there really is something here where they will have to cover and we could really get this stock going. Dude, this guy posted his positioning, I think, yesterday or the day before. He was up $48 million.
Starting point is 01:12:53 Off his $100,000. Off his $100,000. Now, granted, everybody, this isn't like I— Deep fucking value. Deep fucking value. Again, this isn't some rags-to-riches story. This guy had $100,000 to blow on a dumbass fucking bet like this, right? Yeah.
Starting point is 01:13:06 Like, if he was wrong. But the fact is he was right. But, yeah, this was his thesis. And he basically saw this. And, you know, Michael Burry, the guy from the Big Short, who is, like, a guy I know is, like, a mutual friend, he saw the same thing, too. He was, like, 140%, like, short position. He saw the same thing too, where he goes like 140%
Starting point is 01:13:25 like short position. You're like, if you guys are wrong or this gets away from you in any way, this is going to get away from you in the most epic fashion ever. And they were right. And it did like, it just like, because the thing is, is like to cover a short position, you have to buy. And if you're buying while other people are buying, then all that happens is the stock just keeps going up and up and up. It never like takes a pause. It just keeps going up. And so that's basically what happened. But it was from this guy who just like had this idea.
Starting point is 01:13:53 And because people are constantly posting ideas on WallStreetBets. They're like, here's my idea, buy BlackBerry, whatever. And some, you know, get upvoted a lot and moved up and some don't. And so anyways, he's just like, it's like, you know, it became a meme and then and then everybody was like this guy ryan cohen who's the guy who started chewy he he bought like i think he bought two million shares or something crazy yeah he bought two million shares for like 18 million dollars or something and then turned something crazy like that and turned it into like 2 billion like literally or turn 70 million dollars into 2 billion something crazy like yeah uh and so everybody's
Starting point is 01:14:30 like well this guy ryan cohen he's gonna turn gamestop into like chewy where it's like this like crazy e-commerce thing i still don't the thing is with all this i'm like i still don't get what gamestop business is supposed to be like i'm like what what are they gonna do like games are all bought through the console like you buy them directly from sony and microsoft GameStop business is supposed to be. I'm like, what are they going to do? Games are all bought through the console. You buy them directly from Sony and Microsoft. Consoles is like in any other non-year where there's
Starting point is 01:14:54 not a new console. You just go on Amazon or Best Buy, just buy it, and it shows up at your house the next day. I don't get it. I've not gotten a lot of things, so maybe there is something there, but this one, I'm like, I don't get it. Like I'll be the, I, and I've not gotten a lot of things. So maybe there is something there, but this one, I'm like, I don't get it.
Starting point is 01:15:06 AMC, AMC. I understand why it'll come back. Like, you know, they're not selling those spaces. Like what are they going to do? Like there's a fucking on first Avenue by us.
Starting point is 01:15:14 There's an AMC where they're going to knock it down and put up a condo. Cause they have a bad year. Like that could only be a movie theater. Oh, I mean, it could be a condo, but like, or whatever,
Starting point is 01:15:22 but like that, that'll come back. And then because they got the crazy boost in their share price, that allowed them actually, as a joke essentially, that allowed them- That was a Christmas miracle. Yeah, that allowed them the wiggle room to be like, okay, we get to stay solvent because now we have all this money. We can just sell shares. Because they keep selling shares. Well, they have to announce it.
Starting point is 01:15:40 But I mean, the fact is it just becomes understood that they could do that. And then people, now that they could do that and then people now that they understand that that's an option and they're like okay bankruptcy's off the table because they don't even have to it's just the understanding that they can yeah so this joke put them back in business essentially like saved them from the pandemic yeah but you're saying gamestop's still kind of garbage i just don't get it i like you know you go on you go on wall street pets and there'll be all these people being like here's the story with game stop and I'm just like okay so in 2000 in
Starting point is 01:16:10 the dot-com bubble yeah they're like a lot of people were saying that kind of the same thing happened with the AOL message boards and stuff like that and then after that a lot of people did get you know charges brought down on them and stuff like that for pump and dump. Well, this isn't pump and dumping because people aren't making anything up. They're just being like, this is a funny prank. This is what would be considered a bear. Yeah, people aren't being like, oh, GameStop just announced
Starting point is 01:16:42 a fucking $10 billion contract. And so the stock should go up. And that's what they were doing on AOL before. They were lying. What was the story with that kid? Remember there was that kid? Yeah, this kid in New Jersey. He was like 12 years old and he made like hundreds of thousands of dollars doing exactly that.
Starting point is 01:16:57 He would go into Yahoo forums, make stuff up, pretend he was like CEOs of the company and being like, hey, we were like doing this thing. It's crazy to think that that was so easy back then. CEOs of the company and being like, hey, we were doing this thing. It's crazy to think that that was so easy back then. But that's the difference between being on a fucking 128 kilobyte modem and a gig of 10 gigabits or 50 gigabits. It's just the speed that information is like, someone could say that and then you could easily verify that it's bullshit and people are just so much more savvy. But this isn't that. There's some questions about what this is and and if it was like a super coordinated thing where like you know a bunch of hedge funds managers got together and decided they were going to do this it would be illegal but like what are you going to do like these people
Starting point is 01:17:39 live all over the world like they're not americans and they're going to thing it's it's like it's a cross-section of people like all over the world like yeah it's like if i have a whole bunch of people got together and we're like we love tesla and we're all gonna buy tesla it's like even if it's for a prank like what's the difference exactly if it makes the price of tesla go up like you can't stop them from doing that so do you think i mean they were so you don't think anything will come down on anyone do you think this will be a movie pretty much for sure i don't know about the movie i mean i mean the one thing i'll say about the movie part is like the story's not over yeah like like dude like these hedge funds like a lot of them are still short like apparently we
Starting point is 01:18:19 were talking about this today with my friends but like apparently like the short position in gamestop still over 100 so crazy it's not like it got down to 10 it's still well over north of 100 they're shooting for a thousand for the price target on on wall street bets i i was looking at wall street bets some people were doing they're being like yeah we think five thousand is possible and then they're cord the thing too is they're coordinating so it's like when you buy shares of a company you are you automatically opt in to allow your shares to be borrowed for shorts and so then all these people wall street bets are like call your broker and tell them that you don't opt in for allowing the borrowing so that it'll even squeeze them further and like they're they're but it's just it's it's just a smart thing to do, right?
Starting point is 01:19:05 They're just playing the system, and they're playing it better than fucking these dudes who purport to be the smartest guys in the room. But again, these smartest guys are able to fucking completely rig the system. Yeah, but we'll see. I mean, we'll see, because it's like, you've got to be fucking suicidal to add to your shorts at this point if you're like short like i mean dude if you had unlimited money i would be like go short game stop
Starting point is 01:19:30 right now like you're gonna because eventually but eventually but it could go so high that you know no matter how much dude if yes stay you short a hundred shares of gameStop for $25,000, it's like, if it goes to $5,000, you're going to be down like, what is that? $70 fucking, I don't know, $4 or $5, half a million dollars. In the meantime, maybe you're right, but at some point you're going to be looking in the face
Starting point is 01:19:58 of a half a million dollar loss while you're waiting to be right. A lot of people just can't stomach that. Sick. It's pretty crazy, it's a lot of people just can't stomach that. Sick. Yeah, it's pretty crazy. It's crazy. It's fucking super entertaining.
Starting point is 01:20:09 All right. It's a good time. If you guys like financial satire, I work on this website called the heart, hard money, which is like pretty fucking good timing for us. Yeah. I talked about that in the episode too.
Starting point is 01:20:18 I posted a little. Yeah. Yeah. Check it out. Hard money. Part of the hard times universe, punching down podcast at Danny jokes. Word. All right. Punching Down Podcast, at Danny Jokes. Word.
Starting point is 01:20:27 All right, I'll talk to you in a little bit. Peace, everybody. Thank you for listening to The Boys, Cass. Make sure you subscribe to Danny, listen to his podcast, Punching Down Podcast. Subscribe to me on Patreon. A lot of people always say, they go, oh, Ryan could be the next SNL. And I've had conversations with agents and managers where they're like, would you be interested in that? I go, no, I want to be next SNL. And I've, you know, I've had conversations with like agents and managers where they're
Starting point is 01:20:45 like, you know, would you be interested in that? I go, no, I want to be interested in being the thing that competes with them. I want to be the new SNL with me and my friends. That's what I want to do. But if you want that, you know how you can support it at patreon.com slash the boys cast. Thank you for supporting the cast. Let the people trade.'ve been ryan long peace

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.