S524 - Wall Street Elite's Manipulation Is FAILING And Exposed The Corrupt Rigged System Is Collapsing
Timcast News
Timcast Media
4.6 • 7.4K Ratings
🗓️ 29 January 2021
⏱️ 76 minutes
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Summary
Wall Street Elite's Manipulation Is FAILING And Exposed The Corrupt Rigged System Is Collapsing. Attempts to manipulate markets resulted in an even bigger backlash and the machine is desperate now to distract you.
Bickering about culture war issues and democrats and republicans are wasting our time.
The establishment elites are panicking over the idea that the left and right are unified in their outrage over hedge funds manipulating the markets.
In an attempt to control the system Wall Street colluded with big tech to block retail investors and as of today we can see it failed. Already these funds are doubling down and reports are emerging that they are attempting to short even more hoping to make money off retail investors
They think they can outlast you.
But the whole charade has exposed the corrupt crony system for what it is and they are desperate to reset the narrative.
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Transcript
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| 0:00.0 | The game stopped rebellion rages on. Yesterday, Robin Hood, the trading app used by many of those |
| 0:07.2 | on the subreddit Wall Street bets, restricted the trading of 13 different stocks. I'm sorry, |
| 0:13.6 | you could sell it, you couldn't buy it. What that basically was doing was manipulating the market |
| 0:18.5 | so that you could only sell down. People were freaking out. They were effectively stealing money |
| 0:24.8 | from regular people. But the regular people didn't stop. They held. And although the price did drop |
| 0:30.7 | down for the game stop stock down to like 150, it's back up right now pre-market like 330. |
| 0:37.3 | People like Glenn Greenwald are posting. They hope it makes it to $500. Squeeze out these hedge funds. |
| 0:43.5 | Well, the hedge fund, the main hedge fund in question in the story, I believe has already been bought |
| 0:49.4 | up. So effectively ended their run, stripped them, stripped them of a massive amount of their value |
| 0:56.5 | and all of that money. It's amazing. Was was transferred from Wall Street hedge funds |
| 1:02.8 | to regular people who were buying up the stock. Now we're seeing it's scared. They're terrified. |
| 1:09.1 | Robin Hood claims that they're reopening the trading, the buying of certain stocks. They're not. |
| 1:13.9 | It's restricted. You can buy I think five shares of game stop. They have still locked it up. |
| 1:19.6 | They are just pretending. They've also had to raise $1 billion over night because it's all |
| 1:27.2 | just breaking apart. But you want to talk about revealing? Let me talk about revealing. |
| 1:32.0 | In this clip, former SEC commissioner Laura Unger compares short squeeze to January 6th at the |
| 1:39.9 | Capitol. Let me play this for you. It really puts a lot of question about the integrity of the market. |
| 1:46.3 | Right? And it really kind of everybody scratching their heads over this. What should happen? What |
| 1:51.6 | what is the right thing to do to control this or stop this? Not unlike what we saw in January 6th |
| 1:57.3 | at the Capitol, right? If you don't have the police in there at the right time, things go a little |
| 2:02.9 | crazy. And that's kind of feels like what's happening with this much different, much lesser degree. |
| 2:08.1 | It's financial harm, not personal bodily harm. But certainly that's the same kind of |
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