iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
20,414 Blog Posts

A New Theme Approaches

I am out of pocket all day today, so hopefully things don’t get too crazy without me. I see futures are +200 and I am net short, with 75% cash, so whatever. I am excited about a new trend in stocks surrounded around the BLM movement. Basically, people are buying stocks of businesses owned by black people. It’s the most racist shit since the Klan. Nevertheless, this is your stupid fucking country, so BEHOLD as UONEK lifts another 115% this morning because ponzi schemes are fun and easy to do.

Plus all of the Robinhood retards are into it.

I have a few favorites — but those will be reserved for CLOSERS ONLY inside Exodus. So sorry, you cheap son of a bitch. You see I do not run ads anymore — yes? Ad free iBC — a site for the people by the people.

Bottom line: I hope to dear God we collapse, this way I can boast and brag and then boast some more. But really it’s about paying the piper — and I feel Americans need to feel every bit of this fuckery in their 401k’s. Or not, either way is acceptable to me.

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49 comments

  1. purdy

    You can still get into CARV cheap. It’s only up 300% pre-mkt.

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    • sofiacaesar

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  2. purdy

    Uber recently offered free delivery for black owned restaurants ..Forbes encouraged race-based decision-making in business/investing https://www.forbes.com/sites/elisabethbrier/2020/06/05/75-black-owned-businesses-to-support/#17b5e9e43814 And government has long demanded racism in hiring/admissions under penalty of law.

    Racism to correct past racism …until hard times come and the pendulum swings.

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    • peaches

      If you and I decide to play monopoly… And then we buy a slave… Force him to play with us, deny him the right to collect rent, and all his property belongs to us… Then after an hour… When we are millionaires on park Avenue collecting serious bucks….

      We realize that maybe we are being dicks to the slave kid… and we let him earn his own money and own his own homes…

      But we don’t let him get government home loans… Because fuck him.

      And Park Avenue already belongs to ME. And I collect the rent.

      And you own all the railroads. And collect all the rent.

      You suggest we give him 40 acres worth of capital to jump start him since we’ve been playing the game and holding him back for the first few hours of monopoly…

      Then I assassinate you cause I’m a racist and your a dick who freed slaves…

      Well I’m dead… Everyone loves your martyr ass…

      And we all as a nation, even my non-racist descendants… That I was a piece of shit… For killing you… For freeing slaves…

      How else do we rectify the situation?

      If God decided that instead of my parents… I would have been born to black inner city single mom and my dad is in jail for selling a vegetable…

      I would never have INHERITED $5000 from my Jewish uncle. That I got to turn into $30000 with BAC shares once Fly gave me the balls to make that investment.

      I would simply be a poor fuck with no chances. I would have to work EXPONENTIALLY harder than the real Peaches.

      And I would get no recognition for it because the clowns on ibank coin would assume that all of my suffering is simply due to the fact that biggie smalls talks about raping bitches.

      If a black kid has to live a s*** life simply because of things his parents did that are completely out of his control

      What’s the big deal if we create certain sorts of programs to give the upper hand to people whose hands were tied behind their back while everyone else got to get loans and move out of the city and buy houses that have skyrocketed in value?

      at the end of the day it really doesn’t make a difference what you think.

      You guys are all going to die.

      Civil rights came in 1964 because enough rednecks had died.

      Like I’ve said before most young people who are educated and literate completely understand the situation and don’t think that black people are overrepresented in jails because of baggy pants and bad attitudes.

      they’re overrepresented in jail because Mitch McConnell is still alive, along with the other brain dead morons who fly Confederate flags and use the n-word specifically to hurt somebody’s feelings.

      “The righteous shall inherit the earth”

      God is real homie.

      Behold the day he has made.

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      • peaches

        Guys read your dusty ass Bibles stop watching porn while your wife is in the shower stop treating people the way you don’t want to be treated before the rest of the country burns to the fucking ground.

        trying to be like Jesus is the only significant thing the West has actually ever accomplished.

        Everything else will crumble to dust. Ask Caesar. Ask Pharoah.

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      • peaches

        Y’all don’t pray as much as black grandmas do.

        Nowhere near as much as THEIR grandmas did.

        That’s why their dreams are coming true.

        And y’all are worried about whether your 9mm will keep your house from burning down, or whether the national guard full of Mexicans will murder thousands of kids in the street.

        The serpent has you wrapped around his fingers.

        You can hear him telling you to downvote my snowflake ass.

        You guys really think you are in control

        Look at your Twitter feed

        Do you feel like you are in control??

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      • purdy

        “I would never have INHERITED $5000 from my Jewish uncle. That I got to turn into $30000 with BAC shares once Fly gave me the balls to make that investment.”

        Give your winnings to the charity of your choice and then work day and night to reinstate an inheritance tax.

        Anyway, I agree with Narcist when he said slash military and eliminate spending on old people …except I’d define old as age 19+, not 65.

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        • peaches

          I give money to charity all the time.

          Inheritance tax would just make sure that EVERYONE stays poor.

          Funny how so many people rather burn the whole house down than sit at a table with a nigger.

          Fucking classic bro.

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          • purdy

            Check your history there Pontificus Maximus. We did very well when we had an inheritance tax.

            Funny when silverspooners are such hypocrites.

            Fucking classic bro.

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          • peaches

            We did not do well when we had an inheritance tax.

            The rich got f****** mad.

            And when Reagan got elected the Empire struck back.

            And now we have a lower literacy rate then communist Cuba!

            Progressive taxation is a scam.

            It makes the surgeon (a worker) resent the janitor (a worker)

            Meanwhile the truly rich pay a smaller tax rate on their capital gains income than both surgeon and janitor.

            And then they throw out the story that this is because they are taking a risk.

            The surgeons and janitors take risks when they take their Life savings and invest it in stocks.

            Mitt Romney is not risking anything when he takes 20 million of his 50 million net worth or whatever and invests it in the stock market.

            He can afford to wait out the rough patches… Because he has enough in treasury bonds to live off of.

            The rest of us dump our entire net worth into equities and risk losing it all because an emergency in the middle of a bear market means selling stocks you weren’t planning on selling.

            And the low rates ensure that the only way you and me can make money is either sweating or handing it over to corporations and hoping they don’t spend all the profits on CEO bonuses.

            Wake up bro.

            Shit done changed since you sat in an economics class.

            The 50s and 60s didn’t work.

            Make a flat tax for everyone on everything

            Any dollar you didn’t have last year that you have this year gets taxed at x%.

            Like the Torah says.

            We’ve been around for 5,000 years for a reason.

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          • purdy

            We did very well with a tax on you silver spooners. Obviously you can’t prove me wrong …so you conflate with progressive taxation and other issues.

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          • peaches

            ALSO…

            Look how terrible stock market performance was during this golden age of working class success.

            Flat tax.

            The Rockefellers were not slave owners… Their daddy found oil and started a lot of businesses there’s no reason they shouldn’t get to keep their money.

            Also the government didn’t really do much with that money but blow it on wars and subverting democracy around the world for 40 years or so.

            The wealthy got pissed off that the government taxed them at 90% to drop bombs all over Vietnam.

            I can’t believe the snowflake commie is making the argument not to punish rich people for being productive.

            Bernie is a nice guy, but like most people his age he has absolutely no idea how our modern economy works.

            He’s another moron who thinks iPads and screwdrivers should be made in Milwaukee so that stupid kids can have jobs instead of using their brains to provide the world with new exciting technologies…

            Which is clearly what we excel at.

            Ask the Asian Americans who are now the highest earning demographic (and potentially the TRUE master race haha)
            …whether the United States needs more manufacturing jobs and coal subsidies!

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          • purdy

            …so you conflate with how tax dollars get spent and other issues.

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          • peaches

            You seem to be under the impression that I have a lot of inheritance to gain.

            My dad grew up in South America shining shoes for 25 cents.

            He came here made a f*** ton of money and now he has a house in Florida.

            I’m not inheriting shit.

            I’ve given you many reasons why inheritance tax is nonsense.

            Old money ends up locking up their money and trusts and other financial wizardry while new money becomes harder to accumulate because of higher and higher income taxes.

            Progressive taxation and high inheritance taxes go hand in hand.

            When the GOP started reforming all these things they did it because wealthy people were getting tired of being held back.

            The simple proof that a Democratic government ended up repealing all of your ideal tax situations is proof that they weren’t that ideal.

            stop acting like a simple 10% or 20% or 30% or whatever tax wouldn’t make everything a lot more fair and simpler!

            Are you telling me if all of a sudden you get significantly better at trading and end up amassing an eight-digit fortune you want to live in a world where most of it is taken away from your kids?

            And people are calling me the commie on this website!!!!

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          • peaches

            What makes me sure is I’m a 31-year-old network engineer and I work with a lot of young technicians and you talk to them and it’s very clear where this country is going.

            Trump is not Reagan.

            Trump is crazy horse.

            Crazy horse really thought he had saved the Sioux after the Battle of the Little bighorn…

            But in reality all crazy horse did was solidify the belief that there was no way civilized people could live alongside savages who rip off scalps and kill women and children.

            Ball Trump has done is made sure everyone realizes this country is controlled by rich people.

            The rich people who want to hold on to any power are running to the left.

            So fast that it’s making all your heads spin!

            You keep calling me a silver spooner and it’s hilarious!

            I worked minimum wage jobs in college so I could have money for weed and partying with girls.

            Yes my parents paid for tuition… For a public school… Ensuring that I wouldn’t get a six-figure job right out of school.

            They also paid for my bus ride to a community college.

            I got out of that community college and made something of myself all by my fucking self.

            Any silver spoon I have has been acquired because of a precious metals addiction I developed by inhaling economics textbooks so my son will never have to ride a bus.

            You sound like a poor person who is convinced someone who makes six figures is part of the wealthy elite…

            The silver spooners are the ones trying to keep loopholes for the wealthy while doctors lawyers and burger flippers keep handing over a big chunk of their paychecks.

            The silver spooners are the ones who insist there’s absolutely nothing wrong with how the federal reserve is acting.

            Before all this work from home b******* I was getting up at 5:00 in the morning and taking the subway with homeless people to pay my bills just like everybody else.

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          • peaches

            One generation of really good times for the middle class that ended up with a coup of the 1% that has brought us to where we are today where savings accounts pay no interest and third world communist countries have higher literacy rates… And now the working class is enjoying higher suicide rates higher alcoholism and higher rates of depression…

            Can’t possibly be called “doing very well”

            Sorry but history doesn’t work that way.

            If The policy hasn’t worked for more than a century it’s failed!!!

            The only thing that hasn’t failed is the power that comes when the most diverse group of people ever collected on earth decide to live in a society that treats men equally

            (coincidentally the empire was able to strike back
            by finding a smart talking B list celebrity who hugs flags and shit to convince the country bumpkins trickle down economics works.)

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          • peaches

            A flat tax across the board will ensure that Ivanka and Jared’s grandkids will be working at community college

            true silver spooners have no skills besides asking for lower taxes on capital gains and corporations that pay them dividends.

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        • peaches

          Narcist is unfortunately suffering from a hardened heart because of all the pain he has seen.

          Why yours is as hard makes no sense to me…

          Knowing that tons of old light grandmas will be poor and most likely die because of the inability to afford medical care…

          Doesn’t make me happy.

          I don’t want to see black people get revenge against the entire white boomer population…

          All my friends parents didn’t murder George Floyd.

          Could cut military spending tele pharmaceutical and medical supply industry that the fun and games are over… The equity investors who didn’t see it coming and move into Google or Amazon stock and we’re still trying to make money off ripping off sick people… Will suffer losses because they were not as student investors and they did not tap in to a market inefficiency So they held pharmaceutical stocks even though there’s clearly a public backlash growing against the entire industry…

          Nobody has to piss on anybody’s graves or kill anybody’s grandma.

          You’re all such selfish fucks.

          alas… So was I when I worked in finance.

          Thank God I woke up.

          May he have mercy on your murderous souls

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          • peaches

            Google voice to text didn’t work so well.

            You can get the gist.

            Nationalize the medical industry as a national security measure.

            If we can force Cadillac to make tanks during the war and accept a much lower profit margin… So we can kill Germans on the other side of the world… To help Brits who don’t pay taxes and are not American citizens

            We can tell Pfizer investors to find a new cash cow.

            Anyone investing heavily for the long run in pharmaceuticals after watching the overwhelming popular support for Medicare for all is making a big gamble.

            Does anyone really believe we’re going to remain the only first world country that forces people to go into debt for getting hit by a bus?

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          • purdy

            Medicare for all, even if it comes about, doesn’t necessarily hit drug companies (and device, hospitals, etc.) the way you imagine. What makes you imagine that a government, installed by the “donor class” …the same government that made re-importation illegal …is going to drive a hard bargain with pharma? Yeesh.

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          • peaches

            What makes me sure is I’m a 31-year-old network engineer and I work with a lot of young technicians and you talk to them and it’s very clear where this country is going.

            Trump is not Reagan.

            Trump is crazy horse.

            Crazy horse really thought he had saved the Sioux after the Battle of the Little bighorn…

            But in reality all crazy horse did was solidify the belief that there was no way civilized people could live alongside savages who rip off scalps and kill women and children.

            Ball Trump has done is made sure everyone realizes this country is controlled by rich people.

            The rich people who want to hold on to any power are running to the left.

            So fast that it’s making all your heads spin!

            Also…

            Whether we go all the way and nationalize the health care industry the way we have nationalized public schooling and fire departments or whether we just set up another Obamacare fiasco that ends up forcing the taxpayer to help big pharma get rich doesn’t matter…

            All that matters is that the first option is a much better option for the taxpayer than the second.

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      • traderconfessions
        traderconfessions

        God.. that is gibberish ..

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        • peaches

          Oh shit!

          Mind-blowing revelation right there!

          Try again bitch…

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      • bob smith

        I used to believe you had a brain.

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  3. trumpmeister

    Rule #1: market won’t go down leading to Independent Day

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  4. peaches

    40 acres would have been much cheaper.

    When you are in debt to someone it’s best to pay it off right away.

    Interest is a nasty bitch.

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  5. peaches

    The Piper must be paid.

    I love how surprised black people are at the overwhelming support. Trump is the perfect human being to represent the US government right now.

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  6. purdy

    I have to step out for a bit. Hopefully some else can take over trying to help Peaches deal with his privilege issues.

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    • peaches

      If it was gonna be anyone it would have been you bro. You know this.

      Something tells me most of the people here had way more privilege than I did growing up

      $5,000 is nothing.

      Most of my white friends were giving cars in high school worth 10 times as much. I had to move furniture all summer while I kids got to go to Cancun on Daddy’s dime.

      And even that isn’t silver spooning!

      Silver spooners are the kids who get grad school at an Ivy league institution paid in full by their parents as well as every single rent check and the down payment for their first home.

      My electrician dad and my social worker mom certainly didn’t teach me how to calculate book value and buy 1000 shares of Bank of America stock.

      If you lived in a trash can when you grew up and made something of yourself I congratulate you… But you need to come to terms with the fact that having your parents pay for community college and your bus fare is nowhere near being born with a silver spoon.

      It would be easier to admit that the 50s and 60s were a fluke and directly responsible for the backlash of the wealthy that has us living in this situation where billion dollar corporations pay no taxes and engineering students hand over half their paychecks.

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      • hidden hills

        Peaches, Yep lot of privilege here, probably more than most. When you are a young kid 10 years old you don’t know about anything you have or what other people have. So growing up in a 6200 sq ft house with a six car garage with a rolls, a bentley, ferrari and 57 t bird. All seemed just normal. All we knew was it was a great house to play hide and seek in the dark. My dad was a developer builder. from 1950 to 1960 he build over 2,500 houses and developed and sold over 10,000 lots. By 1960 my dad said he had a net worth of 7 mill. Said that was good money back in the day. My brother and i always joke we are part of the lucky sperm club. Now my daughter spends full time foundation time trying to help out the less fortunate. Don’t feel guilty just lucky

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        • peaches

          Feeling guilty about what your parents busted their ass to give you is stupid.

          Apparently your dad’s money belongs to the CIA and not you

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  7. peaches

    Empathy is not shame. I’m in no way ashamed that my uncle decided there is no need to wear socks or patch the holes in his suits.

    He was a clever greedy Jew who amassed a fortune by working hard and foregoing luxuries.

    And when he croaked the money was distributed amongst his family as has been done since time began.

    You want to live in a world where $5,000 ends up going to the CIA instead of the family of the man who worked for it!

    Maybe Mr. Cain Thaler will convince me the government deserves my money more than my own flesh and blood?

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    • peaches

      I think you’re just jealous of Peaches getting a measly $5000 check conveniently when BAC shares traded at $5 and change.

      There’s a commandment for that… Neighbor

      Do you really think God can’t provide you with whatever you ask him for that you need to covet a measly $5,000 check I got for my uncle?

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  8. ha

    Too many topics.
    1 topic – It seems scalping was 1st done by the Brits, not NA Indians.

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  9. ha

    Remember to follow the advice of your overseers:
    Maintain psychological distancing

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  10. purdy

    Sorry …re silverspooner stuff subwayminimumwagePeaches. I had you confused with someone who posted here just last week under the same moniker “Peaches” who said he scored a job on the street because he had an in with a relation.

    Anyway, I do like the Crazy Horse analogy …although it doesn’t work AT ALL. Crazy Horse didn’t control the media. Remember that, years after we invaded Iraq, half of America believed that Saddam was responsible for 9/11. And the tools of manipulation grow ever more sophisticated. It is unlikely that, just as with 9/11 or the stupid riots, the pissed-off will ever hit the right target.

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    • peaches

      Trump does not control the media, not even Alex Jones.

      Ericbakerbruce… With his aids jokes

      Richardweiner… With his penis jokes

      Their inability to stand and actually prove anyone wrong… They create strawmen.

      All blacks are gorillas and Jews are all demons and yadayada that’s why my son can’t score a decent job and he works at the home depot bagging drywall for Mexicans who now own their own small construction businesses.

      And everyone else who voted for Trump for any other reason than lower taxes….

      Is our modern day version of the brain dead savage who thinks the country belongs to them and can’t see they are being wiped the fuck out.

      The only difference is Crazy Horse actually cared about his fellow savages and Trump will go right back to hanging out with the Clinton’s once he’s done with his acting gig.

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      • purdy

        Where’d that come from? Who’s was talking about Trump? Weren’t we discussing the powerful as a group?

        Reportedly, psychologists have clinically demonstrated how TDS is an actual brain malady. You may want to investigate.

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        • peaches

          Crazy horse was Trump in my analogy no one else.

          The last hurrah for the America where whites are defacto in charge

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          • purdy

            I read your remarks, assuming a fuller context (did I give you too much credit?), as Trump was merely a truth-in-advertising-esque guy (the one thing narcist gets right) who would bring the world down on oligarchs generally.

            Trump don’t run shit ….merely incites at the margins.

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        • peaches

          I’ve made the analogy many times before

          November 8th 2015 was the redneck version of the Little bighorn.

          Wounded knee is coming right up any minute now.

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    • peaches

      half of America believed that Saddam was responsible for 9/11

      Half of who?

      People my dad’s age?

      White people my dad’s age who just KNOW all Muslims send PayPal donations to ISIS?

      People my age?

      In the NYC burbs when I grew up the only people who were down with invading Iraq were the morons who would be down with invading any country because Hollywood told them killing people is cool.

      Like the nuclear bomb loving bozo below.

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      • purdy

        Half of American adults as shown in numerous polls. Yes, more Replitards than Demotards; but this is what media programmed half the country ..both “left” and “right” ..to believe …years into a war that Colin Powell and the rest lied us into. That media power is what I was talking about. …Fuck, the whole of our libtarded media brought us into a state of perpetual confrontation with the other nuclear superpower planet by making sure the TDS-infected stay that way. Fuck the fuck~!

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  11. ericbakerbruce

    peaches has AIDS. It’s because he dated a whore. Thank you Ronald Reagan.

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    • peaches

      You seriously think you guys just get to sit there sodomizing your cousins forever without ending up at the bottom of the pecking order?

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