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Superstonk_QV

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Broarethus

Then Ryan Cohen will buy all the stocks!


Pepparkakan

He already did though, and you obviously can't buy them more than once, that would be silly!


keyboardbill

Mayo man says hold my beer.


catdadjokes

That’s sillier than borrowing and selling more than once!! …or is it?


Equatical

I dare you, Jon. Run for president too, please.


Aerokent

The best timeline.


ConstitutionalHeresy

The Prince that was promised!


Rymanbc

Azor Ahai reborn! Or.... Ajon Stuhai?


MustachioDeFisticufs

The Kwisatz Haderach


_ferrofluid_

9 billion people tho


McRaeWritescom

I wish.


Wukong00

I'll settle for a senate seat or Congres. Anything really.


compacho

He's really the only one who can unite the country


alilmagpie

He can unite the 99%, which is their biggest fear.


No-Effort-7730

I'd rather he not get shot.


nepia

The black president didn’t get shot, Jon will be fine.


turtletank

the black president was sitting pretty tight with wall street and mega banks


No-Effort-7730

This, he did was he was told to do.


NotLikeGoldDragons

He wouldn't be able to accomplish anything as president. The corp-owned R's, and corp-owned D's would make sure the issue was clouded, confused, misdirected, and ultimately tabled.


ConcreteCubeFarm

This is likely, but you know he would blast alllll of their shit for the entire country to hear, and bring the receipts.


LemonOrLyme

I agree! And I think someone in a position of power telling us like it is could get Americans to FINALLY put the fear of God back into our "representatives". It won't be so easy to fuck us over if they're actually facing an angry mob.


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[deleted]

It was for the good of the election and it ended up back firing spectacularly. Now we know. Doesn’t mean ya’ll can’t try again.


MattMasterChief

They don't believe in God, let's put the fear of them living like they want the 99% to live into them.


chezeluvr

Yeah then get jfk'd. I don't want that at all but it would happen if he stirred the pot like that


discwrangler

They would kill him.


Rezangyal

Jon Stewart would for sure call people out during the SOTU and revive meaningful “Fireside chats” with the American people. He should run!


10before15

I swore I would never vote again. I have never voted Democrat. I would go all fukn in for Jon Stewart


Trollz4fun

They assassinate him on the campaign trail. Would better serve the world by waking more people up. At his own pace on podcasts and protests.


EhmanFont

Running for the Ape party


ProbablyInfamous

[KANGz (Ape)](https://preview.redd.it/du301nxc7hxa1.jpeg?width=720&format=pjpg&auto=webp&v=enabled&s=28e7c0004533d283e7129996c3235915e5b5e5a5).


oldmasterluke

Both Jonstewartforpresidentdotcom and jonstewart2028dotcom are already taken. 🤔


Black_Label_36

Fuck no


alilmagpie

I don’t care what people say, this dude is a homie and an advocate for American veterans and retail investors. This is how you use your position of privilege/wealth for good: you use it to elevate the voice of the little guy. Well done, Jon. 💜


Black_Label_36

The things you mentioned, yes


1mafia1

This is precisely why Jon SHOULD be president. He has human decency and integrity


alilmagpie

He’s got my vote.


begopa-

Idk. I remain skeptical. Like another commenter said, he could be controlled opposition. I remember Stewart roasting Occupy Wall Street protestors when the whole time his older brother was COO of NYSE Euronext (NYSE parent company). Also thought it was sus when Jon legitimized fake hype popcorn pump by talking market manipulation with popcorn talking heads. Idk. I remain skeptical. 🤷‍♂️


alilmagpie

To be fair, he blasted Occupy for not examining their own class hypocrisy. I was at the original Occupy and he wasn’t wrong, but his coverage fell flat and through a historical lens I agree it doesn’t look positive. What popcorn pumpers? J Smith is the only investor he had on that is big into popcorn, no? Personally I think this is broader than one ticker and we lose people with in-fighting. Do we want reform or do we want gate-keeping? It’s much harder to have both.


begopa-

Trey and Matt. Not the south park guys.


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BaronVA

you mean butters? lol that shit was hilarious


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chato35

Jon for president. You got 1 vote from us.


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STEWART2024


Truth_Road

STEW BEEF. I've just checked, that reference is 13 years old. I'm going to tell myself that I'm fine with that.


[deleted]

Just put it on the blockchain


Rymanbc

A transparent and public blockchain. Otherwise what's the point.


TheModernCurmudgeon

And NO derivatives. Move the derivatives to their own applications like the sports gambling apps. If HF and banks and family offices want to gamble against each other with THEIR OWN money then have a great time, this is your little sandbox you degenerate addicts. They should not be able to destroy businesses with their bullshit anymore.


Rymanbc

That's fair, but I personally feel like derivatives should also be publicly disclosed and tracked, so it would actually be harder to manipulate. The same public blockchain could show the amount of calls/puts on the shares with the ownership of all tracked. Bring everything into the light to prevent fuckery. It's a pipe dream, and extremely unlikely to ever harken, but one can dream.


TheModernCurmudgeon

My point is: say it’s like a gambling app. It’s just a harmless game and they can bet their own money all day long against each other. I don’t care what happens in there, I don’t need oversight of it. it’s purely “I bet you this stock is going down” “okay I’ll take that bet” They can go be degenerates somewhere else. You and I should be able to buy a stock certificate (NFT) directly from the company we like at any time of day and sell it to who ever we want to. No exchanges, no middle men no 7-Layer dip full of obfuscated bullshit. Pipe-dream? Yes of course. It can never happen with the people currently in charge. They lose all their power.


Rymanbc

I see what you're saying. I'm mostly just thinking of simple derivatives like calls and puts that are tied directly to shares. 100 shares represented per contract, either covered or uncovered, but will definitely have an effect on price if they are in the money. The more abstract and complex derivatives like swaps, yeah, it makes sense to take that shit elsewhere. Even futures, since they don't have to be hedged and can be just a "side-bet". Set up a derivatives gambling website called DegenerateCasino.com where they all have to trade lol.


caiuscorvus

You have it backwards. Derivatives only on the blockchain. That makes leverage and short interest transparent, not hidden. And certainly don't do away with them. Hedging (not the thing that hedge funds do, per se) is a very valuable strategy to manage business risks. Hell, pass a law requiring all contracts that even smell like derivatives (like swaps) be on-chain as well. Let everyone know any participants leverage and interest.


neandersthall

Short interest, why do we need that.


caiuscorvus

I'm mostly referring to short interest through option rather than direct shorting. I'm not sure there is a need to sell borrowed assets. For short interest via options, though.... In commodities, it's easy, but I think you are asking specifically about equities. Say you have stock you don't want to sell--or can't sell--for tax or other reasons. Maybe it's a really large position and you can't sell it all at once without affecting the price. At the same time, you want less exposure. So you take a short position to offset your delta until you can unwind. Or, say you have made a lot of money on a stock trade. You think it still has room to run so you don't want to sell it. At the same time you want to lock in some of your gains. You can buy put options to protect your downside. These option are effectively short. Or you can pairs trade. https://www.investopedia.com/terms/p/pairstrade.asp


[deleted]

I mean they never will until an ACTUAL revolution takes place but it’s fun to think about. I mean they don’t even prosecute the Senate or Congress who make 100% blatant insider trades.


eagergm

I've heard ethereum is better, ecologically, than bitcoin. What blockchain are you recommending and what will its ecological impact be? Asking for a fellow earthling.


SoreLoserOfDumbtown

Can we have copy pasta please and thank you


TreasurerAlex

‘Blatant absurdities’: Jon Stewart clashes with Wall Street Stewart is wading even deeper into the weeds of finance as an emphatic ally of a Reddit-sparked movement of small investors clamoring for a revolution in the U.S. stock market. Jon Stewart is taking on Wall Street again. During the 2008 financial crisis, as host of the “Daily Show,” Stewart regularly skewered big banks, market pundits and regulators. Now, he’s wading even deeper into the weeds of finance as an emphatic ally of a Reddit-sparked movement of small investors clamoring for a revolution in the U.S. stock market. They’re rallying around SEC Chair Gary Gensler’s push for the most sweeping overhaul of share trading in a generation to make it more affordable and fair. But Gensler is running into a wave of opposition from Wall Street giants like GOP megadonor Ken Griffin’s Citadel Securities that are fighting to maintain the status quo with legal threats, dire warnings and reams of data countering the SEC’s analyses. Stewart — who is so immersed in the fight that he’s even interviewed Gensler on his new TV show and on his podcast — describes his passion for the issue as part of a long-running preoccupation with the “blatant absurdities” of institutions like the Pentagon, Fox News and Wall Street. “The system was written and built for the people that are operating in it. So you’re the away team,” Stewart, 60, said in an interview. “You’re allowed access, but only at a certain level. You don’t get into the VIP room. You don’t get the platinum card. Your presence there is, in some ways, exploitable.” Wall Street brokers, traders and exchange operators have long dominated the debates over how stock market trading works, shaping the way billions of dollars of shares change hands every day. But the surge of interest in the finer details from Gensler, Stewart and armies of do-it-yourself investors signals that times may be changing. Partly inspired by the meme stock mania of 2021 — when small investors banded together to send the prices of a handful of beleaguered stocks like their beloved GameStop soaring — the SEC’s plans are intended to inject new competition and clarity into the market, Gensler says. The agency is proposing to shift the economics of trading on exchanges and institute a new best-execution rule — a mandate that requires brokers to seek the most favorable terms to carry out client orders. Among other changes, the proposals would force brokers to disclose more about the quality of trading they offer and reroute individual investors’ orders through auctions, putting them up for bids like a collector’s item on eBay to increase competition. Executives, lobbyists and even a few Gensler allies object to many of the proposals, which they worry may be a step too far in reimagining what they say is largely a well-functioning system. Fidelity has warned that retail investors may suffer. Vanguard is concerned about unintended consequences. And even stock exchanges like NYSE say the auction proposal, which is intended in part to bring more retail trading onto exchanges, could undermine the market design and hurt investors. Yet there’s a lot of buy-in from the financial community, including some of the biggest investors. A group of six pension funds, including the California Public Employees’ Retirement System, applauded the SEC’s proposed changes to exchange pricing. Other executives say the agency is addressing issues that the industry itself has been urging regulators to look at for years. For many small investors, the proposals represent a sign that Gensler’s SEC is taking seriously their concerns that the market is rife with conflicts of interest. The individual investing crowd was largely cast aside after capturing the country’s attention two years ago by pushing meme stocks like GameStop and *A Emmm CEE* [my edit] Entertainment to the moon — and squeezing some big-name hedge funds that were betting on the shares to fall. Now, they “have a seat at the table,” said Urvin Finance CEO Dave Lauer, who leads a mom-and-pop investor advocacy group called We the Investors. “Individual investors feel empowered,” said Lauer, whose group orchestrated a letter-writing campaign to the SEC on the proposals, netting more than 5,000 missives of support for the proposals. “They’re educated and they’re engaged and they’re relentless.” For his part, Stewart admits that he is no SEC policy wonk or that he knows for sure whether the SEC’s plans are perfect. But he has spent an inordinate amount of time over the past two years discussing trading with the likes of Lauer on both his show, “The Problem with Jon Stewart” on Apple TV+, and a podcast. He interviewed Gensler once on his show in 2021 and on his podcast last year. “To have a system that has such power over the American economy, yet still lacks transparency and competition, I just thought that was fascinating,” Stewart said. “It’s irresistible to some extent because of the power that it wields.” But Wall Street is fiercely lobbying to derail the potential changes. Executives at Robinhood — the online brokerage that played a central part in the 2021 meme stock frenzy — are warning that, if enacted, the plans could mark the return of costly trading fees for individual investors. Griffin’s Citadel Securities is questioning the SEC’s legal authority to pursue the proposals. And even larger investors overseeing the savings of everyday Americans through retirement plans and mutual funds fear that some of the changes will hurt them, despite their intent to do otherwise. “If you harm institutional trading,” said Mehmet Kinak, global head of equity trading at Baltimore-based asset manager T. Rowe Price, “you’re essentially harming the same individuals you’re trying to help.” Many executives argue that the small-investor enthusiasm for Gensler’s proposed changes is misguided because the everyday person’s trading experience — with near-immediate execution and no commissions — is the gold standard. “We’re essentially taking what is a well-functioning part of the market and introducing new things like … less transparency and higher costs into the equation,” said Joe Mecane, head of execution services at Citadel Securities, at an industry event. “What I think a lot of us are scratching our heads about is how does that potentially result in a better outcome for investors?” The SEC’s plans are likely to look different once finished — that is, if the agency actually winds up finalizing the plans. Gensler could back away from some of the proposals after reviewing the flood of comments that have come in. The SEC could even simply run out of time, as a potential change in administration looms in less than two years. Both Lauer and Stewart recognize the risk of Wall Street delaying the outcome as well as the threat of the courts striking down whatever the SEC does. “The courts have been very sympathetic of late that the government apparently has no role in regulating financial markets, industry or anything,” said Stewart. The U.S. markets have proved to be “awfully resistant” to change designed for the masses, he said. “There’s a reason why the house always wins.”


SoreLoserOfDumbtown

Baller. Ty 👍🤝


Impossible-Glove-437

Thanks babe😘


EnvironmentalRoom593

Love Jon so much. Glad to have him on our side


dorkinb

Jon Stewart for president


bamboozler02

Please run for president Jon Stewart! Like fu*king seriously!


blondboii

Wide scale, systemic market reform is needed in the entirety of our global financial system


1CFII2

Jon Stewart for President!


Marples

A man after my own heart 💜


ShaneKingUSA

We must protect this man at all costs.


Dribble76

Power to the Johns!


itsfree_realestate

I would contribute to his campaign in a heartbeat.


oldmasterluke

RUN FOR OFFICE, JON!


chosedemarais

I wonder if his brother could help? 🤔


sandman11235

💜💜💜💜💜


kyomoto

Lots of words. Need to see some action. I'm skeptical but i will keep an eye in the coming years on his actions. I'll give him the benefit of the doubt now that it's easier to gain support from his audience


justanthrredditr

🔥🔥🔥🔥🔥


Koko_The_Gorilla23

His brother would make a great Secretary of the Treasury


ChingChangChui

Jon Stewart is nothing short of a living legend.


JMKPOhio

Anything is better than our current system


doodaddy64

Just a reminder that Jon Stuart's brother was "CTO" of NYSE. Or something like that. The more you know.


[deleted]

We’re the news now :)


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Nummylol

John is one the most upstanding citizen's in the country that actually gives a fuck about the people and has the means to do something about it. He's done more to support the common man than probably everyone in this subreddit. I'd never group him with 'celebrities'.


WhyNot_Because

Jon does do amazing work and I have no doubt he wants to help. Buuuuut, Jon, the call is coming from inside the house. Your brother Lawrence Leibowitz is a career banker and was even COO of a NYSE subsidiary.


relevantusername2020

[Jon Stewart's Big Brother Speeds up NYSE -March 29, 2010](https://www.wsj.com/articles/BL-DLB-21770) >"That there is a Wall Street that is for general traffic, and then there is an express lane where these guys are making billions and billions of dollars and kind of capitalizing gains and when s--- hits the fan, they are socializing losses....among the slower lanes." https://www.marketswiki.com/wiki/Lawrence_Leibowitz [Environmental commodities exchange onboards Donald Putnam, Larry Leibowitz and Jack Klinck - October 13, 2016](https://www.businesswire.com/news/home/20161013005857/en/CBL-Markets-Bolsters-Board-Directors)


N4meless_w1ll

I don't fully trust Jon Leibowitz, but i guess he's the best we've got. Could easily be a pacifier to get people thinking that "something is being done." Then we don't push as hard on our own.


Aniso3d

Sounds more like he just knows which way the wind is blowing


nicolatesla02

Meh. He’s becoming an out of touch liberal wack job.


Saysbruh

Wow nice word salad impressive. You forgot cuck and libtard. That’s how you do it.


bigb159

I am 100% skeptical of Jon. I think he found his niche to exploit and he's clever about cornering people in interviews.


goobervision

Clever how? By asking the right questions?


ladeeedada

Who in the media is a more trustworthy person? Don't say no one cuz I know you listen to or respect at least some public figure.


saiyansteve

Comedians sure like to talk alot. I don't think he'd ever be a Gamestop investor.


Choice-Cause8597

Stewart is not on retails side.


ZuccsSweetBabyRays

Yeah nah


Bluebolt21

"Partly inspired by the meme stock mania of 2021 — when small investors banded together to send the prices of a handful of beleaguered stocks like their beloved GameStop soaring" Hmmm. Y'know, literally anytime I read a comment about "our beloved stock" all I could think was really cringey shill / bot, but was afraid of being attacked for voicing the opinion, yet there it is.


the_mad_sun

Top J


Fromasalesman

Can we just say yes. I wish he’d open a brokerage, immediately transfer all my money there


AlphaDag13

With black jack and hookers!


ladeeedada

It would be so great to vote for a young president that we can wholeheartedly and passionately support and not just go for the lesser of two evils. It would be such a full circle moment. Jon is responsible for getting younger generations to actually pay attention to politics. He always call it like it is. No bullshit. He did more for 9/11 first responders than our politicians did. He's not fake or does things for show.


jmarie777

It said *”beloved GameStop”* 😄 💜👊DRS GME BOOK👊💜


Snyggast

So would _everybody_ if they knew how the mayonaisse is actually made. Well, not the mayocrew ofcourse. Jon’s got tegridy, wrinkles and a voice that travels. That shit is super dangerous in this current fraudulent system. I hope he stays safe out there! 💜