You may have heard about the Gamestop scandal dominating the news cycle. Now two conservative giants are weighing in and both are in agreement – the system is rigged.
Radio host Rush Limbaugh called the on-going GameStop story “the most fascinating thing” to happen in a long time because it mirrors politics with elites trying to prevent ordinary people from benefiting – just like the political establishment has tried to hold down average Americans.
Robinhood, TD Ameritrade and others restricted trading on Thursday and Wednesday, respectively, following an unexpected surge in trading volume of shares of GameStop, AMC Entertainment, Bed Bath & Beyond, BlackBerry and others. Limbaugh feels the move was made to protect hedge fund billionaires.
“Folks, it’s not just political now. The elites are bent out of shape that a bunch of average, ordinary users have figured out how to make themselves billionaires,” Limbaugh said on Thursday. “I’ve been studying it all morning and the best thing I can tell you is… whatever you think is going on in politics, Washington establishment, the Deep State, what have you, it’s the same thing in finance.”
Limbaugh said there are “those who are allowed to make a lot of money” and those who can’t.
Tucker Carlson had an amazing segment on the scandal and his takeaway was clear as well.
“Whatever our current system is, it is definitely not the capitalism we were promised, not even close.”