4.5 • 21.8K Ratings
🗓️ 29 January 2021
⏱️ 116 minutes
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0:00.0 | Ladies and gentlemen, the following segment of the podcast is presented exclusively by Hillsdale College. |
0:06.0 | Now, in its 175th year, Hillsdale is a truly independent institution, where learning is prized |
0:13.0 | and intellectual enthusiasm is valued. |
0:15.0 | Thank you for listening, and my sincere appreciation to Hillsdale for their sponsorship. |
0:20.0 | He's here. He's here. Now broadcasting from the underground command post. Deep in the bowels of a hidden bunker, somewhere under the brick and steel of a non-distrib building, we've once again made contact with our leader, Mike. Love them. |
1:50.0 | Hello, America. Mark Levin. Our number is 877-3813-811-877-3813-3811. Two big issues I want to attack at the top. |
2:04.0 | One, game stop. Now, why would game stop be at the top of the list? |
2:10.0 | In a moment. Two, unit's amazing, Mr. Breduser and I, Mr. Calls Greener, and I are the three of us we talk all the time before I go on the errands so forth about how we really set the stage in the standard for so much. |
2:26.0 | It was a phone call that we received. I believe it was March 25th, right, Mr. Breduser? |
2:32.0 | From a medical administrator, Dr. Elaine Healy, on the orders that were coming from Albany, specifically from Governor Cuomo, compelling nursing homes to take COVID positive patients. |
2:51.0 | We broke that story wide open here. Wide open here. Thanks to her. We spent a lot of time on it. First, I couldn't believe it. |
3:00.0 | There's more on that in a moment. Before we get there, game stop stock, if you can even trade it now in some of these markets you can't, went from $4 or $14 to almost $500. |
3:19.0 | Actually went to almost $1500, but came down to $385. People are saying, what's going on here? |
3:29.0 | Well, let me say this to you. I think there's now a revolution in finance that is a good revolution. |
3:39.0 | It's strange. Last night I was talking about hedge funds. And I don't know a lot about hedge funds. I just know that people of relatively average intelligence make an enormous amount of money and produce absolutely nothing. |
3:54.0 | Now, some of you hedge fund folks out there. I know your fans. Maybe I'm not talking about you, but as a general practice, what do they do? |
4:04.0 | Well, they drive the price of certain stocks down in order to make money as they go down or they drive the price of certain stocks up and they make money as the stock prices go up. |
4:18.0 | They're also involved in marrying companies together. That sort of thing where they can. I want to talk about this game stop revolution. |
4:30.0 | These hedge fund managers are extraordinarily wealthy men and women. And again, I say these, I know one in particular, he's not particularly bright. |
4:44.0 | He runs around meeting people, smiles a lot. But anyway, I've often wondered how these people make the money that they make. And now we know they're basically bullies. |
4:54.0 | Bullies. They decide, well, you know, these retail stores like GameStop, they're not making it. Let's crush them. Let's put them out of business. But in a manner in which we can make money. |
5:09.0 | So what happened on Reddit? Perhaps elsewhere, but as I understand it on Reddit, where a lot of millennials go, they said, we have a different idea. |
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