Rush Limbaugh on Thursday pointed to GameStop stock as the latest example of Washington elitists coming after ordinary Americans.
Shares of GameStop, a video game retailer, have soared in recent weeks, going from $17.08 to $347.51 at Tuesday's close.
Brokerage platforms such as Robinhood and TD Ameritrade restricted trading on Wednesday and Thursday following an unexpected surge in trading volume of various stocks. Limbaugh said the move was made to protect hedge fund billionaires, per Fox News.
"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. "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."
According to Limbaugh, there are "those who are allowed to make a lot of money" and those who aren't.
"If you figure out how to make a lot of money, and if you're like Donald Trump and you figure out how to get elected, you figure out how to beat the Deep State, they're gonna come and they're gonna wipe you out," he said. "They're gonna destroy you, and that's what's happening with GameStop."
read more:
https://www.newsmax.com/newsfront/rushlimbaugh-gamestop-stock-reddit/2021/01/28/id/1007726/
Replies
Yea for the traders at game stop and Robin Hood keep on. Go to or make other sites to do the same thing congratulations I can't say enough.
Haven't we learned to behave yet??? Just sit down and shut up!
Years ago when the market crashed just before a Presidential election and many citizens lost a lot in their retirement accounts I suspected that it was done on purpose so a Republican would not be elected and I still do. These scum would do anything to stay in power. I also think that some day it will come out that the covid was not accidental either. Look at what they have done and got away with. Human lives are nothing to these corrupt crooks.
Limbaugh is right. It's all rigged for the top and the top is getting smaller. You have to be rich and better yet a billionaire if you want to get ahead in America. And the rich fix it for themselves while they pretend they might look after we the people and we fall for it. It's disgusting. We need some real fundamental changes in this country and make it great again for all Americans.
We had our chance and blew it. We were told to go home and be quiet and behave and we did just that.