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posted ago by Oh_Well_ian ago by Oh_Well_ian +216 / -0

https://www.youtube.com/watch?v=obAoPP1bdIM

Sounds Familiar, eh?

I brought this up a few years back on Voat. I made the case that it would be a fantastic method of bankrupting Elites, if it could be pulled off. Everybody knows about the put option activity in the week before 9/11 on American Airlines and United Airlines. Nothing was investigated.

Now, it seems like the plot of Trading Places is playing out in GameStop, AMC, and now today ironically, American Airlines. Billionaire Hedge funds were breaking the law by buying more shares than existed ( huge no no ) and now they are exposed across numerous sectors, because massive inflows have boosted the very stocks they are shorting. ( better threads exist on explaining this )

Aaron Russo interview excerpt with Alex Jones:

https://youtu.be/GgBKI2h86I4?t=177

Full Interview here:

https://www.youtube.com/watch?v=N3NA17CCboA

TRADING PLACES PLOT: Brothers Randolph and Mortimer Duke own a commodities brokerage firm, Duke & Duke Commodity Brokers, in Philadelphia, Pennsylvania. Holding opposing views on the issue of nature versus nurture, they make a wager and agree to conduct an experiment—switching the lives of two people on opposite sides of the social hierarchy and observing the results. They witness an encounter between their managing director—the well-mannered and educated Louis Winthorpe III, engaged to the Dukes' grandniece Penelope—and a poor street hustler named Billy Ray Valentine; Valentine is arrested at Winthorpe's insistence because of a suspected robbery attempt. The Dukes decide to use the two men for their experiment.

Winthorpe is framed as a thief, drug dealer and philanderer by Clarence Beeks, a man on the Dukes’ payroll. Winthorpe is fired from Duke & Duke, his bank accounts are frozen, he is denied entry to his Duke-owned home, and he is vilified by Penelope and his friends. The Dukes post bail for Valentine, install him in Winthorpe's former job, and grant him use of Winthorpe's home. Valentine becomes well versed in the business, using his street smarts to achieve success, and begins to act in a well-mannered way.

On the commodities trading floor, the Dukes commit their holdings to buying frozen concentrated orange juice futures contracts, legally committing themselves to buying the commodity at a later date. Other traders follow their lead, driving the price up; Valentine and Winthorpe short-sell juice futures contracts at the inflated price. Following the broadcast of the actual crop report and its prediction of a normal harvest, the price of juice futures plummets. Valentine and Winthorpe buy at the lower price from everyone except the Dukes, fulfilling the contracts they had short-sold earlier and turning an immense profit. After the closing bell, Valentine and Winthorpe explain to the Dukes that they made a wager on whether they could get rich and make the Dukes poor at the same time, and Valentine collects $1 from Winthorpe. When the Dukes prove unable to supply the $394 million (equivalent to $1.01 billion in 2019) required to satisfy their margin call, the exchange manager orders their seats sold and their corporate and personal assets confiscated, effectively bankrupting them.