Episode 29: “Reddit Retards” Ruin The Rich
Ep. 29: “Reddit Retards” Ruin The Rich
Nothing puts the crony collusion between government and big business in your face quite like the little guy getting one over on one or both by beating them at their own game. A perfect storm of hedge funds overreaching, government ineptitude, and a mass coordinated attack via social media by the common man created just a situation in late-January 2021. Thanks to a subreddit thread called Wall Street Bets, retail traders brought billion-dollar hedge funds to their knees, the funds cried for help, and the Cathedral sprang into action. Typical.
Hosts & Guests
Dane
David
Episode Show Notes
Six Reasons Why Libertarians Should Reject The Non-Aggression Principle
http://bit.ly/2N8ehwZ
Why Gamestop’s Stock Went To The Moon In A Couple Days
http://bit.ly/3q2Xw4T
Short Selling–In Moderation–Serves A Useful Market Function
http://bit.ly/2YVutEv
NOW The CEO of The NASDAQ Wants Regulators to “Manage The Situation”… How Convenient
http://yhoo.it/3aHZS2I
Former SEC Chair, Arthur Levitt, Jr., Wants SEC to Regulate Retail Traders to “Safeguard the Investing Public”
http://bloom.bg/3p2W1SG
First Female Treasury Secretary (Yay Inclusivity!) Was Paid $800,000 In Speaking Fees to Citadel, Big Loser In Gamestop Saga – But It’s Ok, She’s “Monitoring The Situation”
http://bit.ly/3rE5phz
Elizabeth Warren’s CFPB Hurts Small Business
http://bit.ly/3p4wwR0
The Dodd-Frank Oligopoly
http://bit.ly/3jChJfu
Fighting For The Common Man Always Takes A Backseat to Partisanship – AOC Edition
http://abcn.ws/3rvbpJp
Robinhood et al. Shut Down Trading In GameStop, AMC, Nokia, Etc. When The SHort Squeezes Are On
http://on.wsj.com/3jrsjpu
Discord Shuts Down Wall Street Bets Channel
http://bit.ly/3tDirxo
Google Removes Thousands of Bad Robinhood Reviews From Its APP Store
http://bit.ly/2N2Wo2u
Melvin Capital Loses 53% to Reddit Boys From r/WallStreetBets
http://on.mktw.net/3aE3iTO
Former Fed Chair, Before Yellen, Ben Bernanke, Is Advisor to Citadel, Big Loser On Gamestop
https://bit.ly/36SsEwe
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