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Fake Populist Elizabeth Warren Begs the SEC to Protect Wall Street from Small Investors After GameStop Stock Rush

Elizabeth Warren is just as much of a populist as she is an American Indian.

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Elizabeth Warren Baits and Switches College Students

Senator Elizabeth Warren has sent a letter to acting chair of the Securities and Exchange Commission (SEC) Allison Herren Lee to request information on their plan to prevent “market manipulation” by small investors following the surge in GameStop’s market value.

Casino-like swings in stock prices of GameStop reflect wild levels of speculation that don’t help GameStop’s workers or customers and could lead to market instability. Today I told the SEC to explain what exactly it’s doing to prevent market manipulation,” Warren tweeted Friday morning along with screenshots of her letter.

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The five-page letter can be read here. In it she claims investors driving up the market value of GameStop and other stocks are “treating the stock market like a casino, giving little consideration to the companies, communities, workers, and consumers that may be affected by these risky bets.” She also called on the SEC to review recent trades, clearly define what constitutes market manipulation, and commit to identifying gaps in existing laws in order to better enforce anti-market manipulation practices.

Many left-wingers partial to Elizabeth Warren told her in the replies how bad of a take this was, especially for someone who often purports to be a populist that takes on billionaires and Wall Street.

Turns out Elizabeth Warren is just as much of a populist as she is an American Indian. Be wary of those who put on a populist act when it’s convenient but side with oligarchs against the people when the chips are down. This lesson applies to both left-wing and right-wing populists alike.

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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