During his latest radio show, Conservative icon Rush Limbaugh gave his take on what is going on with the Gamestop and Robinhood situation.
“Have you heard the story? Do you know the details of what’s going with GameStop?” Rush asked.
“The hedge fund guys, the elites had planned to sell GameStop short. That means they are counting on GameStop losing money. They only win if GameStop loses,” Rush explained.
“Well, the GameStop stock price was $4 last summer, $20 at the end of 2020, $40 two weeks ago. It was worth $100 on Monday and Tuesday, and today it’s $300. The hedge funds are taking it in the shorts. I mean, big time they are. They’re being wiped out to a certain extent, and they don’t like it. These normal people have figured out a way to do it, and they don’t like it,” he continued.
Rush later explained “they’re shutting down trades in GameStop in order to protect the elites. They’re even getting blocked on social media. But when you design and use a system to benefit yourself, don’t complain when it gets used against you, and that is what’s happening here with GameStop. Folks, it’s not some obscure thing involving what young kids are doing.”
Rush concluded “the teachable moment here is how this censorship that we are experiencing from tech media, the tech oligarchs, is not confined to your political thoughts. It’s not limited to who you vote for and who your political friends and enemies are. No, no, no. It extends to money: How you earn it, how much you earn, how much you’re not permitted to earn. It’s not just politics when we’re talking about this leftist attempt at unity.”