Rush Limbaugh: Gamestop gambit is populist revolt by small investors

Rush Limbaugh: Gamestop gambit is populist revolt by small investors
Rush Limbaugh Show video

[Ed. – Limbaugh is basically right.  That said, big investors have a slightly better claim to certain “rights” in the stock markets, as it’s their financial power that pays the freight of maintaining a stable background for “revolts” to profit against.  In politics, it really is the other way around: the elites are nothing without an empowered –  stable, law-abiding, productive – people.  I’d like to see the stock market dust-up resolved without a meltdown that would do no one any good.  If wishes were horses.]

Rush Limbaugh weighed in on GameStop’s skyrocketing stock price that currently has hedge funds bleeding billions of dollars. The radio host compared the populist revolt on Wall Street, engineered by a group of Reddit users, to today’s political battles between ordinary people and the elites.

“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 told listeners on Thursday. “I’ve been studying it all morning and the best thing I can tell you is that whatever you think is going on in politics — the Washington establishment, the deep state, what have you — it’s the same thing in finance. There are those who are allowed to make all of the money and those of you who aren’t.”

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