The Boyscast with Ryan Long - They're Keeping You Safe! & gamestonk w/ Danny
Episode Date: January 29, 2021New Lockdowns, Self cancelling, university madness and gamestonk w/ Danny Polishchuk, Learn more about your ad choices. Visit podcastchoices.com/adchoices...
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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.
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
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,
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
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
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.
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?
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
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
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.
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.
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
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.
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
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.
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
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
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,
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
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.
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,
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.
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
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.
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.
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,
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.
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
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
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
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.
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
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.
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
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.
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.
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?
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.
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.
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,
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,
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?
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.
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
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?
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.
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.
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.
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
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
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,
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
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.
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,
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.
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
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?
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
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.
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.
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
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,
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,
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,
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.
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.
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,
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,
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,
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,
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,
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.
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.
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,
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
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
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,
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.
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
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.
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
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.
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.
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,
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.
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.
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.
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
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
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.
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.
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
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
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
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So you're screwing big tech by buying the shirts,
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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.
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.
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.
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?
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.
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,
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.
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
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?
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.
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.
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
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
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
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
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
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.
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.
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?
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,
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
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
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
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
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
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.
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.
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.
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
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
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
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
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
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.
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...
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
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.
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
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.
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
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.
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.
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.
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.
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.
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...
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.
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.
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
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
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.
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.
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.
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
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,
his house.
Well,
that's the kind of thing.
And you're like,
they're reaching here.
You're like,
Oh,
I mean,
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,
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,
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,
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.
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.
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
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.
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.
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.
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.
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%
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.
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
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
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.
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.
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,
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.
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
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
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.
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
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
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?
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
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
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.
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.
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.
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
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.
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Let the people trade.'ve been ryan long peace