January 30, 2021
Nearly all of us have missed the BIG issue on this story:
The Gov't regulators SHUT DOWN the Reddit GameStop buyers (little guys) - thereby protecting the Hedge Funds - BECAUSE:
"There were anti-Semitic posts on Redditt" (official reason given)
UNDERSTAND - If we need Gov't approval to INVEST based on one's beliefs, hate-thoughts, prejudices or level of political correctness, we are really in for a dark journey.
In the ultimate unconstitutional market distortion, the government refashioned life itself with its draconian lockdowns in a way that forced entire chains of commerce only through narrow, well-connected giant companies while crushing small businesses. Just like the GameStop investors on Reddit who were shut down from making profit and could only take a loss in order to transfer wealth to the hedge funds, small businesses were shut down so that the consumer capital would flow to Zoom, Amazon, Apple, Facebook, Google, Microsoft, and Netflix. Amazon's stock price has nearly doubled since the lockdowns began last March. - Daniel Horowitz 1/29/21
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