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Ben Shapiro Defends Wall Street Hedge Funds, Claims GameStop Traders are Reinforcing ‘Untruths about the Market’

Shapiro is defending the corporate elite again.

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Neoconservative pundit Ben Shapiro is not enthusiastic about the wild GameStop trading that has been going on over the past couple days.

Shapiro went on his Twitter account to issue a rant in favor of the corporate elite and their rigged Wall Street Ponzi scheme. He wants all of the GameStop traders to stop their shenanigans and let the corporate elite recover.

“Much of the enthusiasm for the GameStop prank is rooted in a fundamental misconception that the stock market is merely a casino. This is untrue,” Shapiro wrote in a tweet.

Trending: Leaked Video Shows Tech Boss Describing How All Conservatives Will Be Frozen Out of the Market

He defended hedge funds for providing the “proper pricing of assets through aggregation of information, conveyed through transactions.” Shapiro believes that it is harmful to demonize these institutions.

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“The GameStop guys believe the market is a casino…and that purely gaming the system is how they make their money. If we all believe that, nobody should invest in the stock market,” he wrote.

Shapiro noted that what the GameStop traders are doing is not illegal, but it betrays free market principles that always seem to favor the ultra rich and powerful.

“What the GameStop guys are doing isn’t illegal, because they’re not lying: they admit GameStop isn’t worth much, they’re just in it for the LOLs and the screwing of the hedge fund guys. Which does make this funny, but also reinforces untruths about the market generally,” he wrote.

“In other words, there is a reason #EatTheRich is trending. The motivating factor here isn’t really hedge fund corruption — if you’re worried about bailouts, as I am, you should be telling the government to stop bailing out financial firms. It’s pure dislike for hedge fund guys,” Shapiro added.

While Shapiro pushes populist conservatives to focus on stopping liberals because that is what his special interest masters want him to promote, Wall Street has consolidated power and lobbied for lockdown policies that have crippled small businesses and the American middle class.

Big League Politics has reported on how Wall Street and China are exploiting COVID-19 mass hysteria to push toward the cashless society enforced with demonic technology:

Throughout the COVID-19 pandemic, a peculiar war on cash has emerged, including news of a coin shortage that never quite made sense, which has some individuals thinking that the crisis is being exploited to usher in the “cashless society.”

The fake news media on cue has jumped into action to call anyone who expresses this notion a “conspiracy theorist.”

“Coins aren’t being circulated because businesses are closed and sales are down during the pandemic. And the government isn’t pushing the U.S. into a cashless society, either,” the Associated Press declared.

“We rate the claim that a “cashless” society would have zero cash, meaning money would be fully digital, fully traceable and fully controlled PARTLY FALSE as some of the claim was not supported by our research,” the USA Today wrote in their supposed fact check about the cashless society.

However, before the COVID-19 pandemic hit, Wall Street banking elites openly bragged about how they pined for a cashless society.

“We want a cashless society,” said Bank of America CEO Brian Moynihan last year at Fortune’s Brainstorm Finance conference, explaining that the financial system is “already digitized” and the cashless society is right around the corner.

“The business has moved digitally and it will continue to move that way. It’s just figuring out how to add the value,” he added.

JP Morgan also released a white paper celebrating how Europe is rapidly going cashless, calling the trend a natural progression from paper-based monetary units.

“PayPal and Apple’s publicly reported growth rates suggest that both could potentially be gaining consumer preference and merchant adoption. Digital Wallets directly address consumer security and help push toward a true cashless society,” said Brian Gaynor, Executive Director, Head of Product and Strategy Solutions at J.P. Morgan Merchant Services in Europe.

“For example, PayPal holds my card data centrally and keeps me from having to trust multiple e-commerce sites or apps with my full primary account number. Apple Pay does the same,” he added.

It should come as no surprise to anyone that the red menace is leading the way toward a cashless society. China has led the way on smart cities, social credit scores, weaponizing search engines to be tracking devices, and various devious technological innovations meant to crush the spirit of its citizenry.

Once again, Shapiro is showing why he is not an authentic conservative leader. It is time for conservatives to strike back against Wall Street and corporate globalism, not defend a “free market” controlled by a ruthless oligarchy.

Big League Economics

Globalists are Planning ‘Climate Lockdowns’ to Finish Off Economic Prosperity in the West

They are coming for everything.

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While COVID-19 mass hysteria may be waning, the globalists are intent on continuing the trend of locking down society and destroying economic prosperity for the peasants.

After the scamdemic comes to an end, it will be climate change used to pump the masses full of fear and get them to accept Draconian measures to cripple their own civilization.

Mariana Mazzucato, a professor at the Economics of Innovation and Public Value Center at University College London, is setting the stage for climate lockdowns if unprecedented taxation and centralized power are not exerted over the economy.

“Under a ‘climate lockdown,’ governments would limit private-vehicle use, ban consumption of red meat, and impose extreme energy-saving measures, while fossil-fuel companies would have to stop drilling,” Mazzucato wrote in her white paper, Avoiding a Climate Lockdown.” 

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She contends that the only way to stop the inevitability of climate lockdowns is to “overhaul our economic structures and do capitalism differently,” meaning do away with it entirely and replace it with totalitarian socialism.

“[G]overnment assistance to business must be less about subsidies, guarantees, and bailouts, and more about building partnerships. This means attaching strict conditions to any corporate bailouts to ensure that taxpayer money is put to productive use and generates long-term public value, not short-term private profits,” she wrote. 

“Because markets will not lead a green revolution on their own, government policy must steer them in that direction. This will require an entrepreneurial state that innovates, takes risks, and invests alongside the private sector,” Mazzucato contended.

Her writings are already influential, according to the New York Times, among politicians who are using her scribblings as an excuse to take unprecedented power-grabs.

Sen. Elizabeth Warren (D-MA) has incorporated Mazzucato’s writings into policy ideas such as using “federal R & D to create domestic jobs and sustainable investments in the future.” Rep. Alexandria Ocasio-Cortez (D-NY) is considering Mazzucato’s ideas to strengthen her Green New Deal proposal.

Even Republican lawmakers are embracing Mazzucato’s extreme anti-capitalist doom prophecies. Sen. Marco Rubio (R-FL) cited Mazzucato in his proposal, “American Investment in the 21st Century,” which is essentially a manifesto of surrender to the Left from the failed neoconservative 2016 presidential hopeful.

“We need to build an economy that can see past the pressure to understand value-creation in narrow and short-run financial terms,” Rubio wrote in the introduction, “and instead envision a future worth investing in for the long-term.”

Mazzucato has also influenced former British Labour Party leader Jeremy Corbyn, former British prime minister Theresa May, and Scottish leader Nicola Sturgeon. Mazzucato’s reach extends to other countries such as Germany and South Africa, and she is considered a charismatic rising star in the field of economics.

It should be obvious by now that the ruling elites never intend to restore freedom to pre-COVID levels. The lockdowns are a permanent fixture of society now, and they will be reintroduced at some point under the guise of stopping climate change.

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