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    Elections Socialist poised to become Buffalo Mayor!

    Buffalo's fundamental problem is that most of the original geographical and cultural reasons for the city's economy no longer exist. It was right on the conduit into the west via the Erie canal+great lakes - but that's done. Migration to the west isn't booming the city anymore. Finance is now...
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    Crime California #1 Economy in US, & has 75 billion budget surplus

    An old friend of mine did a lot of work with LA's efforts to reduce homelessness. The LAHSA basically quadrupled in size over from 2014-2019, and homelessness still increased. He believed this was because the LAHSA was effectively an enormous bandaid: even though it did help homeless people...
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    Law Derek Chauvin juror participation in DC march could help appeal.

    He disclosed he supported BLM during jury selection. Good luck with that appeal for failure to disclose.
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    International Woman takes child from Saudi father and the US backs her.

    That's a pretty fundamental role of a country. The Hague Conventions basically exist to solve that sort of parochialism, and the United States is, on net, about as compliant with these as most countries (except for some specific issues regarding scope of discovery and means of service)...
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    International Woman takes child from Saudi father and the US backs her.

    I haven't dealt with this particular Hague Convention (I've worked on service and evidence/apostille cases), but they're generally only enforceable between signatories. If Saudi Arabia isn't a signatory (and it looks like it isn't), then it doesn't matter that the US is. The idea behind these...
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    Crime Federal investigators execute search warrant at Rudy Giuliani's apartment

    More significantly, if Tucker were correct, that would make Giuliani guilty of CP possession and distribution, since he retained a copy of the drive and claims to have given other private person's access to it.
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    Social Wr Lounge V253: I hate when my buds fight

    The Man Who was Thursday is a good fit, except policemen instead of leftists.
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    Law Google vs. Oracle: U.S Supreme Court Finally Ended Decade-Old War over Fair Use of Software API

    This is a really interesting legal issue. Thomas is fundamentally right in that this expands the concept of fair use, but he's, as usual, a dunderhead in thinking that makes Oracle's position any better. For law nerds, this is a pretty good example of where strict textualism falls apart. My...
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    Economy Discord Bans bans the r/WallStreetBets server,Wall Street is panicking over Gamestop?

    >Left Unger was SEC commissioner under Bush.
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    Economy Discord Bans bans the r/WallStreetBets server,Wall Street is panicking over Gamestop?

    Shorting a stock doesn't make the company do badly. It's a bet that the company will do badly, but does not (generally) have a direct effect on the company itself. Sometimes, short sellers will present public arguments that a company will do badly, which can hurt the company's ability to raise...
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    Economy Discord Bans bans the r/WallStreetBets server,Wall Street is panicking over Gamestop?

    Ultimately, you have to sell the stock to make money. The easy short squeeze has already happened, and there are a handful of hedgefunds that now need to close their positions in the next few business days. At least one has already has done so, so there is less "mandatory" wall street money...
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    Economy Discord Bans bans the r/WallStreetBets server,Wall Street is panicking over Gamestop?

    There is absolutely no traction for this on the subreddit. It's just some dopes on twitter.
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    Economy Discord Bans bans the r/WallStreetBets server,Wall Street is panicking over Gamestop?

    My guess is that a chunk of his stock mooning is driven by the same meme-retail investors dumping cash into GME. Some are probably selling tesla to buy GME.
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    Economy Discord Bans bans the r/WallStreetBets server,Wall Street is panicking over Gamestop?

    Yeah, this and the megathread whistleblower both look like utter bullshit.
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    Economy Discord Bans bans the r/WallStreetBets server,Wall Street is panicking over Gamestop?

    That's not really a pump and dump. It's a market manipulation, sure, but it's a distinct kind from a pump-and-dump scheme, although it may have originated as one. Where?
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    Economy Discord Bans bans the r/WallStreetBets server,Wall Street is panicking over Gamestop?

    If this tip is legit, Kan is being irresponsible. He should be directing them to the SEC or an attorney. Instead, he's exposing them and hurting their chance at a bounty. It's probably just attention seeking gossip, though.
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    Economy Discord Bans bans the r/WallStreetBets server,Wall Street is panicking over Gamestop?

    Yeah, based on what I know, 2 is a shoe-in. I'm mostly adding uncertainty because of my own lack of familiarity with how that works, and a bit on whether they were internally using those as a basis at all. Internal uncertainty v external, if that makes sense.
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    Economy Discord Bans bans the r/WallStreetBets server,Wall Street is panicking over Gamestop?

    https://docs.reclaimthenet.org/robinhood-class-action.pdf Class action filed. It's not great, but I expect a much better amended complaint once he gets folks with actual expertise onboard.
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    Economy Discord Bans bans the r/WallStreetBets server,Wall Street is panicking over Gamestop?

    I think a substantive investigation is more likely than not. It may wind up turning into serious legal action, but regulations are ambiguous enough that I suspect there's something they at least arguably violated. This isn't twitter- they can't hide behind their TOU. Most of the applicable...
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