Breaking Points with Krystal and Saagar

12/15/22: Desantis vs Trump, Matt Taibbi Interview, Tik Tok Ban, Jan 6th Texts, SEC Catches Influencers, Labor Victories, Interest Rates, and More!

Dec 15, 2022
In this discussion, guest Matt Taibbi, an investigative journalist renowned for his work on the "Twitter Files," delves into pressing issues like the evolving rivalry between Trump and DeSantis in the GOP. The conversation touches on the troubling ethical practices of influencers in stock trading and the growing calls for a TikTok ban due to national security concerns. They also reflect on significant labor victories and the rise of grassroots movements, spotlighting recent triumphs in unionizing efforts at Amazon and Starbucks.
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INSIGHT

DeSantis Surges in Polls

  • Recent polls show Ron DeSantis leading Donald Trump significantly in the Republican primary.
  • These polls indicate a potential shift in GOP voter preferences.
INSIGHT

Suspicious Market Activity

  • Significant market moves occurred one minute before the release of Consumer Price Index data.
  • This suggests a potential leak of information, allowing some to profit unfairly.
ANECDOTE

Influencers Charged with Market Manipulation

  • The SEC charged eight social media influencers with manipulating the market in a pump-and-dump scheme.
  • The influencers used their followers to inflate stock prices before selling their shares.
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