Published: Jan. 30, 2021, 8:08 a.m.
Highlights:\xa0\xa0
- \u201cElon Musk sounds like a modern-day sage. Well, that one act, that simple addition of #bitcoin to his Twitter bio and the cryptic tweet cause bitcoin to skyrocket 20% in market value.\u201d
- \u201cIt didn\u2019t take long for this Robinhood app to completely contradict its namesake you know, robbing from the rich and giving to the poor and the like. The execs over at Robinhood, once they realize what was happening, they turn around and slap restrictions on the GameStop trading.\u201d
- \u201cThis is the epitome of crony capitalism changing the rules of the game always to the advantage of the powerful and the elite and the expense, literally of the ordinary person or amateur investor.\u201d
- \u201cThis is obviously a very fascinating development here because it\u2019s transcending the old Republican versus Democrat divide. Both Republicans and Democrats, as well as independents, are outraged by the way the globalist financial establishment is allowed to manipulate markets but turns around and penalizes amateurs for doing precisely the same thing.\u201d
Timestamps: \xa0 \xa0\xa0\xa0
- [02:39] How Elon Musk cause the surge in bitcoin price\xa0
- [03:43] Wall Street hedge funds and Robinhood's attempt to destroy GameStop\xa0
- [06:15] The populist revolt that made the Melvin Capital lose $13 billion
- [07:00] Musk, Ted Cruz, and Alexandria Ocasio-Cortez denouncing the Wall Street and Robinhood\u2019s actions\xa0
- [09:00] The protests in Wall Street and the unified fight by Republicans, Democrats, and independents against the globalist financial establishment\xa0\xa0
- [10:15] On Scott Rasmussen and Doug Schoen\u2019s book \u2018Mad as Hell\u2019 and the new paradigm of populism
Resources:\xa0
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