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GameStop Situation Shows Why Socialism Loses to Capitalism

The Closet Conservative Podcast

Release Date: 01/30/2021

No One Is Talking About The Left show art No One Is Talking About The Left

The Closet Conservative Podcast

In this episode, Jared takes a closer look at the Ted Cruz vacation situation. The Left has attacked him for a vacation, saying he should be doing something about a situation he is not responsible for and has no control over. While they want to talk about him, the legacy media and Democrats refuse to talk about what’s happening on their side.

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GameStop Situation Shows Why Socialism Loses to Capitalism show art GameStop Situation Shows Why Socialism Loses to Capitalism

The Closet Conservative Podcast

In this episode, Jared looks at three lessons that we should learn from the recent battle on the stock market. As hedge funds made moves to try and save billions, everyday Americans suffered. It can teach us a lesson about the future of America before it is too late.

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The National Guard troops were neglected by Democrats as they were forced into a parking garage after the Inaugural events were finished. They were treated like any other group by the Democrats when they deserve so much better.

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In this episode, we take a closer look at the major events around the Capitol, the control of the Democrats over Congress, and share that as conservatives we must come together. We must unite to stand for our values because if we do not, conservative values may disappear forever.

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In this episode, Eric shares how weak politicians are to blame for the mess that is America right now. Not just one party, all weak politicians are to blame for the ridiculous state of our nation.

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In this episode, Eric shares his thoughts about the coronavirus relief bill and the pork buried in the bill. Congress thinks that we cannot survive without them, but Eric explains that the game is over.

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In this episode, Eric takes a closer look at the accusation that Hunter Biden accidentally forgot $400,000 in income and how politicians across this country are responsible for the current state of US politics.

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This week Main Street took on Wall Street in an epic battle in the stock market. Everyday Americans had noticed some interesting trends by the hedge funds and devised a plan to invest into specific stocks, like GameStop, and run the price up. Hedge funds were forced to purchase the stocks at a higher price due to their short positions and lost billions of dollars in the process. 

That obviously upset them and they decided to fight back. They waged the war in mainstream media and among their political friends. In the end, trading apps, like Robinhood, decided to suspend trading. This manipulated the market and dropped the price, saving these firms millions. Now there are class action lawsuits and requests for investigations. 

While all of that happened, there are three things that we can easily see in the situation that we must pay attention to. First, the elites of this country have a lot of money and power. They all stick together and are willing to make everyday Americans suffer to protect that power and money. They have no issues with crony capitalism. 

But that brings us to a second thing to learn from this situation. When you have a situation where the two groups are divided like this, it gives you a clear picture of socialism. Socialism has two distinct groups, those who have and those who have not. Those who have devise plans to manipulate markets and situations to retain their power. If Democrats have their way and move the US to socialism, things will only get worse. Right now, everyday Americans have a chance, outside of most likely criminal acts by trading platforms like Robinhood. Socialism will prevent that. 

The last thing to learn is that President Joe Biden had a chance to stand up for those blue-collar Americans that he claims to identify with. He said he knew how to protect them and would fight for everyone. Instead, this time he chose millionaires and billionaires on Wall Street. The same ones that donated nearly $150 million to his election campaign. How better to repay them than to save them by doing and saying nothing. Biden is only the President to those he chooses to represent, which are those who control him.

Music courtesy of Greg Shields Music. http://www.reverbnation.com/GregShields