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Timcast IRL

Timcast IRL #214 - Wall Street FORCED Robinhood To Shut Down trading, The Game Is Rigged And Media LYING

Timcast IRL

Timcast Media

News, Society & Culture

4.57.6K Ratings

🗓️ 2 February 2021

⏱️ 143 minutes

🧾️ Download transcript

Summary

Tim, Ian, Luke, and Lydia hang out for an evening of chatting about the media's manipulation of the GameStop story, Elon Musk's troubles with hiring non-Americans, the gun control bill, and the hotel in Washington that was overrun with homeless advocates.

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Transcript

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0:00.0

My friends, the left, many of these critical race theorists type people, they don't like me.

0:04.9

So they're to claim that what I do is not journalism, but it's wrong.

0:08.5

While I'll be the first to admit, most of what I do is political commentary, cultural commentary,

0:13.3

and news commentary, etc. No, I actually do the digging and this morning when I wake up,

0:19.2

I go and I look at all of these different news stories claiming that Reddit is pumping silver,

0:24.8

that they've decided GameStop is out, no one cares anymore, and everybody should go buy silver.

0:31.6

And I thought that sounds weird, that doesn't sound like Reddit. They wouldn't just stop.

0:36.0

They've been saying diamond hands, you know, hold the stock, don't sell.

0:39.5

So I go to Reddit, and what do I see? The number one post on the entire website, not just Wall Street

0:45.0

bets is don't buy silver. Bloomberg, ran a segment titled, Redditers lose interest in GameStop.

0:53.7

And it has never been more brazen. The desperation from the machine over what Reddit has done is,

1:01.7

it's, it's, they are so desperate. In fact, they're completely exposing themselves.

1:06.5

And this has been a trend over the past several months. You can now go to Reddit,

1:10.9

show your friends and family. Hey, look, see, other saying don't buy silver to scam and fake news.

1:15.0

Here's every mainstream outlet you know and trust, lying to your face. It's crazy.

1:20.8

Well, we got some big news too. You see, the game has rigged my friends. It's not just,

1:25.6

it's not just the media, but apparently the NSCC, which is the principal clearinghouse for stocks,

1:31.2

told Robinhood, the trading app that they had to deposit $3 billion, scared deposit.

1:38.0

And when they eventually negotiated down, saying we can't do that, they said 700 million,

1:41.6

I believe it was 700 million, maybe actually be, yeah, I believe it was 700 million,

1:44.8

but you also have to freeze these stocks. When you finally find a way to win, they shut you down.

1:52.1

Now, initially I titled this podcast, it was the feds, why? Because the initial story that I had

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