Ruhle Sucks Up to Waters: Regs Needed to Prevent Future GameStop Buys?

Business
February 24th, 2021 4:28 PM

Back on February 18, MSNBC anchor Stephanie Ruhle sucked up to Congresswoman Maxine Waters (D-CA) with a softball question about the GameStop stock price war, suggesting that perhaps it wasn’t fair for the average American to use a resource like r/wallstreetbets for stock trading information. Instead, like banks, she wondered if the little guy be regulated too.

Economists Slam NYT Propaganda That Dems Better for Econ Than GOP

Business
February 4th, 2021 10:31 AM

Three economists lambasted a New York Times op-ed claiming that the Democratic Party is better for the economy than the GOP. 

Facebook Bans Robinhood Trade Group, Later Restores: Reuters

TechWatch
February 1st, 2021 5:03 PM

A group called Robinhood Stock Traders lost out to the sheriff — in this case, Facebook. The social media site removed the group from the platform and later restored it without explanation, according to Reuters.

The group is similar to those on other social media sites, like Reddit, that have helped foment chaos in the stock market for wealthy hedge funds.

ENOUGH: WSJ Compares Reddit Investor ‘Cult’ to Capitol Hill Rioters

Business
February 1st, 2021 11:30 AM

The media want to compare Reddit investors who outsmarted Wall Street hedge funds to the Capitol Hill rioters.

NYT Takes Financial Elite Side in GameStop Ruckus: 'Greed and Boredom'

January 29th, 2021 6:25 PM

A front-page report in Thursday’s New York Times on the GameStop stock-shorting controversy caught a lot of flock from every political stripe for its condescending word choice and apparent sympathy for hedge traders over the small individual investors who have pushed the video game retailer’s stock price to dizzying heights. Their contemptuous coverage is garnering some fierce…

Video

Charles Payne: ‘Should Be Illegal’ for Robinhood to Change Rules

Business
January 29th, 2021 12:04 PM

Fox Business host Charles Payne was livid over trading restrictions placed on super-popular stocks. The Robinhood trading app had restricted transactions on certain securities, following the GameStop stock surge that sent its price soaring and Wall Street reeling.

CNN’s Chris Cillizza Tried Blaming ‘Trumpism’ for GameStop Stock Surge

Business
January 28th, 2021 4:46 PM

CNN’s Editor-at-Large Chris Cillizza was so obsessed with former President Donald Trump that he tried to blame him for an unrelated GameStop stock short squeeze caused by Reddit users.

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Bloomberg TV Guest Compares GameStop Stock Surge to Capitol Hill Riot

Business
January 28th, 2021 12:58 PM

GameStop dominated Wall Street in an odd financial tug-of-war. Investors on Reddit bought up the stock after big hedge funds had sold the stock short, essentially betting it would go down. 

Twitter, Facebook Lose $51.2B Combined in Market Value after Trump Ban

Business
January 15th, 2021 1:41 PM

There’s a high price to pay for banning President Donald Trump from social media platforms, and both Twitter and Facebook are feeling the massive bite out of their wallets for doing just that.

Ari Melber Michael Beschloss MSNBC The Beat 1-8-21
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NBC Historian Beschloss: Maybe Trump Used Twitter To Get 'Kickbacks'

January 8th, 2021 10:27 PM

On Ari Melber's MSNBC show, "NBC News presidential historian" Michael Beschloss, speaking of Twitter permanently banning President Trump, says: "It's been an enormous weapon for him which he's abused, and abused, and abused. And the problem is two things. Number one, Twitter is instant. So, of he wants to have a sudden impact on people, or to move the stock market: maybe he's got friends who…

Clown: Paul Krugman Celebrates Pandemic Year as ‘Year Reaganism Died’

Business
December 30th, 2020 12:44 PM

Leave it to the New York Times blowhard economist Paul Krugman to exploit the pandemic and dance on the imaginary grave on one of his oldest foes: Reaganism.

The Big Three Stooges Censored Historic S&P 500 Close Above 3,700

Business
December 10th, 2020 10:30 AM

It’s as if the ABC, CBS and NBC evening news shows have a vendetta against informing viewers about any historic news coming out of the stock market during President Donald Trump’s presidency.

John Stossel Column: Investment Con

December 9th, 2020 11:16 PM

Want to make money and help the world, too? Wall Street says you can! If you invest in "socially responsible" funds, say big investment funds like BlackRock, Parnassus, TIAA-CREF, etc., then they'll do good things for the world, and your retirement funds will grow. These funds obsess about what they call Environmental, Social and Governance factors. For example, Parnassus says it picks…

0 For 3: Big Three IGNORE ‘Trifecta’ Dow, S&P 500 and Nasdaq Records

Business
December 7th, 2020 2:51 PM

Not reporting one major stock record is bad enough. And yet, the ABC, CBS and NBC evening news shows decided it was fine to black out news on three major stock indexes that hit new records.