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The Clay Travis and Buck Sexton Show

Buck’s First Thoughts - The GameStop Populist Revolt Rages On

The Clay Travis and Buck Sexton Show

iHeartPodcasts

Politics, News, News Commentary, Daily News, Society & Culture

4.511.4K Ratings

🗓️ 29 January 2021

⏱️ 49 minutes

🧾️ Download transcript

Summary

Buck is fired up today about the situation on Wall Street involving hedge funds versus the common man. What companies like Robinhood are doing is wrong and Buck points out why the system is so broken. Plus it is time to open the schools, the democrats are more focused on climate change than Covid-19 relief and why are young people so obsessed with AOC?


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Transcript

Click on a timestamp to play from that location

0:00.0

This is Bucks First Thoughts. The news you need to get for your day in 45 minutes.

0:05.4

Make sure you subscribe on the iHeart app or wherever you get your podcasts.

0:11.0

The peasants have grabbed the torches and the pitchforks and they are going after those hedge fun fat cats.

0:19.0

My oh my!

0:20.8

This is quite a story friends, even if you've never traded a share of stock in your life,

0:26.0

even if you could care less about what the markets are doing.

0:29.8

Because in our increasingly online digitized and electronically controlled world,

0:35.6

this is the first place we've seen a populist uprising against the extreme control that we have all been subjected to over the last year.

0:46.6

It's existed before that of course, but given the COVID lockdowns, this new Biden era,

0:52.0

the authoritarian impulse from social media companies, online providers of all kinds of services,

1:00.0

the Democrat party, the news media, and now as we see the Wall Street barons,

1:07.0

that has become too much for people to bear.

1:10.0

So what's really happening here? As I speak to you, you have enormous moves in these stocks,

1:16.0

billions and billions of dollars changing hands.

1:20.0

And what's so interesting to so many people is that all of a sudden,

1:25.0

it says though we were all sitting at a poker table and on the one side of the table,

1:30.0

you have these hedge funds and they're already very rich.

1:32.0

These people make a lot of money. They do very well, but it's never enough money.

1:36.0

You see, once you make your first 10 million, then you got to make 50.

1:39.0

Once you make 50, you got to make 100.

1:41.0

But when you amass all that cash, what do you do with it?

1:45.0

Well, you have to buy social credibility with it. So who do you donate to?

...

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