2021-01-30 Economy
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Rush Limbaugh Weighs in on the Populist Revolt on Wall Street
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[Townhall] Rush Limbaugh weighed in on GameStop's skyrocketing stock price that currently has hedge funds bleeding billions of dollars. The radio host compared the populist revolt on Wall Street, engineered by a group of Reddit users, to today's political battles between ordinary people and the elites.
"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 told listeners on Thursday. "I’ve been studying it all morning and the best thing I can tell you is that whatever you think is going on in politics — the Washington establishment, the deep state, what have you — it’s the same thing in finance. There are those who are allowed to make all of the money and those of you who aren’t."
Limbaugh compared the traders beating hedge fund managers at their own game to Donald Trump's battles with the deep state. The host said the elites control who makes money and who doesn't and the deep state will come after anyone who learns how to beat the system.
"Now they’re actually making it clear to anybody who has the ability to notice that you’re not allowed to use the stock market the way they do," said Limbaugh. "You’re not allowed to profit. You’re not allowed to make the kind of money they do."
According to the radio legend, the ability to guarantee a financial future for yourself and your family is a privilege reserved by the elites and not intended for the benefit of ordinary Americans.
"You know, everything is rigged in favor of the elites, and this has come along and upset that rigging," said Limbaugh.
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01:07 Grom the Reflective
00:28 Angealing+B.+Hayes4677
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