by Pam Martens and Russ Martens at Wall Street on Parade
We were attempting to hold the Fed, Big Media, and the Wall Street megabanks accountable with our article yesterday on mainstream media’s news blackout of the Fed’s release of the names of the Wall Street trading houses that got $4.5 trillion in cumulative repo loans from the Fed in the last quarter of 2019 – long before the first case of COVID-19 was reported in the U.S. on January 20, 2020. (The full tally came to $11.23 trillion in cumulative repo loans from September 17, 2019 through July 2, 2020.) But when a Reddit group that calls itself “Superstonk” spotted our article and posted it in their comment section, our website got caught in the crosshairs. The traffic to our article was so heavy at times that our website couldn’t be accessed from either a laptop or a cell phone.
Here’s the timeline of what we know so far about what happened:
Shortly after lunch yesterday, I attempted to access a different article on our website to review data for another article I was working on. The site wouldn’t open. I tried my cell phone and got an error/timed-out message. I called our tech support team and was informed that we had plenty of bandwidth but too many people were attempting to access the website at the exact same time. Tech support said they were going to deploy some software to help the situation.
We have a free plug-in on our website that allows us to see traffic as it comes in to our website. We took a look there. One report looked very strange: the amount of people searching on Google for the title of yesterday’s article was huge. Our readers were apparently attempting to find a Google cache of the article since they couldn’t access the original article on our website.
At 2:41 p.m. EST, I received an email from an individual who said he had posted our article to a Reddit forum known as Superstonk and that it had “made it to the front page of Reddit.” We’re not savvy about social media but making it to the front page of Reddit can apparently be both a blessing and a curse. A blessing in terms of getting the story out to our fellow Americans, and a curse in terms of keeping our website running.
We decided to take a look at the comments section of Reddit’s Superstonk…
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