Ep 705 | GAMING the System: Has Reddit Changed Wall St. as We Know It?

Redditors took on investors on Wall Street by gaming the system and bought up the shares in GameStop, causing hedge fund short sellers to lose billions! Because of this, stock trading company Robinhood restricted the sales of GameStop's shares. And now a class action lawsuit is being filed against the trading company. Did Robinhood have any right to stop these sales to protect these hedge fund managers? President Biden PROMISED that taxes would not increase for people who make under $400,000, but that's not what his Commerce Dept. nominee just said. New York's attorney general says Gov. Cuomo's administration undercounted nursing home deaths by 50%! Cuomo DID just say "incompetent government kills people." He knows from experience. And lastly, the Chicago Teachers Union shared a video of their interpretive dance protest of teachers returning to in-classroom teaching, but just know that you can't unsee it!

Today's Sponsor:

Shopping for home essentials should be easy and convenient. That’s where Grove Collaborative comes in. For a limited time, get a FREE Mrs. Meyer’s gift set PLUS free shipping with your first order when you go to https://www.grove.co/welcome/mmcdcad-hiw/?offer=podmmcdnewsmatters21&utm_medium=podcast&utm_source=or&utm_campaign=acq-newsandwhyitmatters&utm_term=newsandwhyitmatters&utm_content=4122

Learn more about your ad choices. Visit megaphone.fm/adchoices