Mediaite
@Mediaite
Nasdaq CEO Suggests Halt to Trading to Allow Big Investors to 'Recalibrate Their Positions' to Combat Reddit Users //

Such manipulation of stock prices would be highly illegal if attempted by a typical investor in any manner, yet our elites seem to believe they can do whatever they want to benefit their fellow elites. And who could blame them for believing that? The SEC certainly isn’t going to stop them. In fact, the SEC is “assessing” the Reddit users, not the fact that market leaders may move to manipulate matters to save themselves. The full weight of the federal government isn’t going to come down on those trying to game the system. Instead, it’s going to come down on those who simply saw a legal opening and made money off the “wrong” people, i.e. the hedge funders. //

Austin Petersen 🇺🇲
@AP4Liberty
When Wall Street billionaires get rich that's the free market. When regular people get rich at Wall Street's expense, they say we need regulation. //

Spike Cohen
@RealSpikeCohen
Seeing NASDAQ, banks, & regulators begin to halt trading over the Reddit WSB $GME stock rally proves that we don't have a free market.

We have a controlled market that is gamed to benefit banks and hedge funds, and if you don't invest the way they tell you to, they'll ruin you. //

Republicans need to get with the program on this. People are sick and tired of seeing a select class of people game the system while everyone else plays by a different set of rules. That doesn’t mean it’s wrong to be a billionaire. It does mean that there should be no shortcuts. Markets shouldn’t be shut down to help the privileged when that courtesy is never extended to normal people. You want a free market? Let’s have a free market, not the crony capitalist garbage the GOP has so long defended.