by Max Barry

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The Assembly of Sovereign Nations RMB

WA Delegate: None.

Founder: The Corporate Syndicate of The Assembly of Sovereign Nations

Last WA Update:

Board Activity History Admin Rank

Most World Assembly Endorsements: 1,320th Highest Economic Output: 1,458th Most Nations: 1,774th+6
Largest Publishing Industry: 1,823rd Largest Populations: 1,824th Best Weather: 1,888th Most Politically Apathetic Citizens: 1,942nd Highest Disposable Incomes: 2,000th Largest Black Market: 2,456th
World Factbook Entry

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Embassies: The United Coalition of Nation States, GOOD BOIs, Barbaria, Gypsy Lands, Arconian Empire, RAMS, The Bar on the corner of every region, 1980s America, Hollow Point, Codex Ylvus, Assembly of Sovereign Nations, Turkic Union, Sonowae, Greater Hindu Empire, and SEC Fanatics.

Tags: Anti-Communist, Anti-Fascist, Capitalist, Casual, Conservative, Democratic, Egalitarian, Featured, Free Trade, Independent, Liberal, Libertarian, and 8 others.Modern Tech, National Sovereigntist, Neutral, Offsite Forums, Past Tech, Role Player, Small, and Social.

The Assembly of Sovereign Nations contains 9 nations, the 1,774th most in the world.

Today's World Census Report

The Highest Disposable Incomes in The Assembly of Sovereign Nations

The World Census calculated the average incomes of citizens after paying tax.

As a region, The Assembly of Sovereign Nations is ranked 2,000th in the world for Highest Disposable Incomes.

NationWA CategoryMotto
1.The Sovereign State of The Realist PolitiesNew York Times Democracy“cuius regio eius religio”
2.The Empire of JapanhCivil Rights Lovefest“団結は永遠の力を生む”
3.The Revolutionary Free State of BessariaFather Knows Best State“No hammer shall ever fell the revolution!”
4.The Republic of FierrolFree-Market Paradise“Liberty is our legacy.”
5.The Incorporated States of The Tolana Trading CompanyCompulsory Consumerist State“A good living makes for a good life.”
6.The Constitutional Monarchy of Ali-Zebu UnionInoffensive Centrist Democracy“Unity is strength.”
7.The Corporate Syndicate of The Assembly of Sovereign NationsCapitalizt“To Serve Man”
8.The Republican Queendom of AnathaatMoralistic Democracy“Through Blood, Fire, and Courage”
9.The Sultanate of ZoltabIron Fist Consumerists“The Sultan said to get these people cleared out.”

Regional Happenings

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The Assembly of Sovereign Nations Regional Message Board

Ionysia wrote:So, Brennan is announcing libertarians as the next target...

Those authoritarian bastards had it coming!

Better yet, transmales will FINALLY be able to go to female prisons; America leaves the intolerant dark ages behind............

The Realist Polities wrote:Those authoritarian bastards had it coming!

Hear hear. I'm glad that their insidious designs have been uncovered and revealed for all to see.

The Realist Polities wrote:

Better yet, transmales will FINALLY be able to go to female prisons; America leaves the intolerant dark ages behind............

Don't hold me to this, but I believe the politically correct term is transwomen. Regardless, this is an exciting and progressive time to be alive.

I also expect that we shall soon enter a time of healing and cooperation, now that I hear Uncle Joe has rescinded Trump's racist executive order prohibiting federal funding of programs that engage in race and sex stereotyping and scapegoating. Thank Government for fair and honest news sources like CNN.

Ionysia wrote:Don't hold me to this, but I believe the politically correct term is transwomen.

**recoils in shame and raises fist**

BLM! BLM!

Ionysia wrote:I also expect that we shall soon enter a time of healing and cooperation, now that I hear Uncle Joe

Didn't there use to be another 'uncle Joe', once?...

Ionysia wrote:has rescinded Trump's racist executive order prohibiting federal funding of programs that engage in race and sex stereotyping and scapegoating.

*Corrective race and sex stereotyping and scapegoating

We must all look to the example of the rainbow nation itself. If we're lucky, we'll be able to share the glorious fate of the immoral white farmers in the famed lands of southern Africa.

Say, where is the nearest Truth & Reconcliation Commission? I have some unconscious bias sins to confess. There is no such thing as too many self-criticism sessions...

The Realist Polities wrote:

We must all look to the example of the rainbow nation itself. If we're lucky, we'll be able to share the glorious fate of the immoral white farmers in the famed lands of southern Africa.

We have much more work to do than they, for in this liberal white supremacist nation, we have the shame of widespread civic nationalism multi-racial whiteness.

The Realist Polities wrote:Say, where is the nearest Truth & Reconcliation Commission?

I'm sure there will soon be one coming to a town near you. Both sides of the Party are calling for it.

The Realist Polities wrote:I have some unconscious bias sins to confess. There is no such thing as too many self-criticism sessions...

Awomen.

So, I've been watching the GameStop Revolution unfold over the last two days, and am at a point where I am pondering, what exactly is Robinhood's culpability in this mess? So far, the story I've heard is that Robinhood (as well as Schwab, TDAmeritrade, WeBull, and Interactive Brokers) stopped allowing buys of GameStop, AMC, Nokia, Blackberry, and some others, after the Reddit group r/wallstreetbets (and a few big players) piled in long positions to squeeze shorts that were held by Melvin Capital Management and other hedge funds.

Melvin in turn, has a large investment (at least $2 billion) from the hedgefund and high volume trader, Citadel, which is purported to carry out a lot of Robinhood's commission free trades (and possibly other brokers', but I don't know about that right now). That said, it should also be noted that Citadel denies it has a hand in Robinhood's refusal to allow these buy orders.

So, I would begin by asking, what exactly is Robinhood's obligation in this mess if their largest trade executor refuses to carry out Robinhood's retail investors' buy orders? Is Robinhood just hedging their bets, trying to to anger their HVT partners, or do they have a more direct role to play? Barring the most cynical possibilities, what are the reasons for the other brokerages to join in on the halt?

Ionysia wrote:So, I've been watching the GameStop Revolution unfold over the last two days, and am at a point where I am pondering, what exactly is Robinhood's culpability in this mess? So far, the story I've heard is that Robinhood (as well as Schwab, TDAmeritrade, WeBull, and Interactive Brokers) stopped allowing buys of GameStop, AMC, Nokia, Blackberry, and some others, after the Reddit group r/wallstreetbets (and a few big players) piled in long positions to squeeze shorts that were held by Melvin Capital Management and other hedge funds.

Melvin in turn, has a large investment (at least $2 billion) from the hedgefund and high volume trader, Citadel, which is purported to carry out a lot of Robinhood's commission free trades (and possibly other brokers', but I don't know about that right now). That said, it should also be noted that Citadel denies it has a hand in Robinhood's refusal to allow these buy orders.

So, I would begin by asking, what exactly is Robinhood's obligation in this mess if their largest trade executor refuses to carry out Robinhood's retail investors' buy orders? Is Robinhood just hedging their bets, trying to to anger their HVT partners, or do they have a more direct role to play? Barring the most cynical possibilities, what are the reasons for the other brokerages to join in on the halt?

From what I understood, the big Wall Street hedge funds were long on GameStop shorts, having manipulated news over the past few weeks to artificially create a bearish market for Gamestop. Problem started when the small Reddit investors didn't react as expected and decided instead to hold their stock which as a consequence began to reappreciate. This reappreciation would have provided big profits for the small investors and big losses for the Hedge Funds shorters (HFS) which are rumoured to have inclusively shorted more stock than there was in existence.

At this point there was no need for any intervention at all for the markets go up and down naturally and if some lose, others win but instead, RobbinHood and Ameritrade decided to suspend the stock in order to protect the HFSs from big losses. This suspension would have, under normal conditions, led to a generalised move to sell - as the stock would have acquired the reputation of volatility and unrealiability - but again the small investors instead decided to hold thus creating a showdown with the big funds.

Robbinhood when announcing the suspension never cited they were being pressured by Citadel. Quite to the contrary, Google stopped 100 000 1star reviews from being added to Robinhood's rating on the GPlay Store (where it still holds a 4.5* rating), which denotes collusion and cartel like behaviour by the big Wall Street firms ...on behalf of Robinhood.
This in turn immediately makes transparent that Robinhood management must have received big payoffs to allow their own company to be destroyed, in order to save the HFSs.

That is interesting, and enlightening, since I was under the impression this was going on only recently. However, you're correct that a look at the price chart (which has an unacceptably long URL, but which can be quickly reached from https://finance.yahoo.com/quote/GME?p=GME) shows that this has indeed been long in the making. However, it really looks like things started to go nuts around January 13, when both price and volume shot way up, ushering in the current volatility regime. It's clear that there was a significant positive order flow during this time, which looks to me like more than just holding their positions, not that there's anything wrong with this.

The Realist Polities wrote:

Robbinhood when announcing the suspension never cited they were being pressured by Citadel.

Right. However, there's the truth, and then there's the Truth. The reality may be exactly the way it appears on the face of things, but then again, other possibilities do exist. I couldn't say with any authority one way or another. For the time being, let us take Robinhood and Citadel at their word.

The Realist Polities wrote:Quite to the contrary, Google stopped 100 000 1star reviews from being added to Robinhood's rating on the GPlay Store (where it still holds a 4.5* rating), which denotes collusion and cartel like behaviour by the big Wall Street firms ...on behalf of Robinhood.

Oh, this is disappointing. I thought the app stood at 1.1 stars. Maybe this was Apple, or maybe a scrub happened since I last heard it reported. Perhaps it's calculated as a Bayesian estimation with a really strong prior?

The Realist Polities wrote:This in turn immediately makes transparent that Robinhood management must have received big payoffs to allow their own company to be destroyed, in order to save the HFSs.

So, the charges of unfair business practices currently consists of:
1) collusive practices on the part of brokerages (Robinhood, Schwab, TDAmeritrade, WeBull, and IBKR), who acted without coercion to halt (or greatly impede) new long positions made in select stocks, in which hedge funds such as but not limited to Melvin, held significant short positions
2) Actions on the part of Google to protect one of its app store partners from public backlash by artificially supporting its rating
And others I've heard:
3) Characterizations by corporate media to portray members of WSB as either needing protection from their own naivete, and/or as being bigoted populists and/or social dregs
4) Actions on the part of certain tech firms such as Discord, and possibly Reddit to deplatform WSB due to selective enforcement of claims of hate speech, specific examples of which remain undisclosed

Are these fair statements? Did I leave anything out?

The Realist Polities wrote: [...] the Hedge Funds shorters (HFS) which are rumoured to have inclusively shorted more stock than there was in existence.

Hehe, yeah. Good times.

Ionysia wrote:Oh, this is disappointing. I thought the app stood at 1.1 stars. Maybe this was Apple, or maybe a scrub happened since I last heard it reported. Perhaps it's calculated as a Bayesian estimation with a really strong prior?

No, they literally removed the 1* ratings and reversed to the status quo ante, then blocking users from rating the app any further.

Ionysia wrote:So, the charges of unfair business practices currently consists of:
1) collusive practices on the part of brokerages (Robinhood, Schwab, TDAmeritrade, WeBull, and IBKR), who acted without coercion to halt (or greatly impede) new long positions made in select stocks, in which hedge funds such as but not limited to Melvin, held significant short positions
2) Actions on the part of Google to protect one of its app store partners from public backlash by artificially supporting its rating
And others I've heard:
3) Characterizations by corporate media to portray members of WSB as either needing protection from their own naivete, and/or as being bigoted populists and/or social dregs
4) Actions on the part of certain tech firms such as Discord, and possibly Reddit to deplatform WSB due to selective enforcement of claims of hate speech, specific examples of which remain undisclosed

Are these fair statements? Did I leave anything out?

Well, predictably, the little investors are now being accused of being white supremacists following shady propaganda from Moscow...

Al-Baghdadi is an "austere religious scholar" but Trump would be drone-striked as a terrorist. So, part and parcel of living in a normal moderate centrist world then...
https://www.youtube.com/watch?v=bH-_-WpJF80
Not to mention the 'melanine supremacists' being hired by the resistance admin https://www.youtube.com/watch?v=ZBY0CKknW_w&feature=youtu.be

The Realist Polities wrote:Well, predictably, the little investors are now being accused of being white supremacists following shady propaganda from Moscow...

I'm not calling Russia a benign player, but this silly partisan obsession is an ever more transparent attempt to redirect attention from a much more powerful and dangerous foe. But we should rejoice for the good fortune of brilliant and selfless leadership, who know the best way to avoid a war is not to fight. Thus, we preemptively surrender.

The Realist Polities wrote:Al-Baghdadi is an "austere religious scholar" but Trump would be drone-striked as a terrorist. So, part and parcel of living in a normal moderate centrist world then...
https://www.youtube.com/watch?v=bH-_-WpJF80
Not to mention the 'melanine supremacists' being hired by the resistance admin https://www.youtube.com/watch?v=ZBY0CKknW_w&feature=youtu.be

How does one fight against widespread inverted morality in a democratic system?

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