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Netflix Stock is Plummeting in Response To Obama Show

Trump supporters across the country began boycotting Netflix by canceling their memberships. Just days into the boycott Netflix is already feeling the heat. Their stock has been steadily lowering in price since the boycott began. 

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Last week, Big League Politics exposed how former President Barack Obama is in advance negotiations with video streaming service Netflix to have his own show. In response, Trump supporters across the country began boycotting Netflix by canceling their memberships.

Just days into the boycott Netflix is already feeling the heat. Their stock has been steadily lowering in price since the boycott began. Just today the stock has dropped nearly 3% in value. As of press time, it’s down &9.35.

Since Christmas, the stock has been steadily climbing, leading to investment publications to praise the company, stating that their stock is “on fire.” On Christmas day, the Netflix stock was priced at $191, and just last week it topped off at $331.

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That was just before it came out that Barack Obama was in talks with Netflix to have a show for himself, and another for his wife, Michelle. After that announcement, the stock took a hit, seeing its first major dip in price since the beginning of February, where they quickly recovered.

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If this boycott continues, and intensifies, it could mean bad news for the company. It is especially hurtful for Netflix considering there are rumors that Apple is considering buying the company. A drop in stock prices could lead towards concern with a potential buyer.

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Big League Economics

Tucker Blasts DHS For Buffing Cheap Labor Visa Programs During Corona Recession

Americans are losing their jobs. Why is DHS handing out work visas?

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Fox’s Tucker Carlson raised the alarm on an attempt by Department of Homeland Security bureaucrats to boost cheap labor worker visas in the midst of the chinese coronavirus epidemic, undercutting the jobs and wages of American workers in an hour where many face renewed economic insecurity as a result of the pandemic.

On Wednesday, DHS released 20,000 H-2B visas as a corporate giveaway, allowing employers to import nominally seasonal blue collar workers in an hour where 3.3 million Americans are slated to file for unemployment benefits.

DHS is planning on releasing even more cheap labor giveaway visas in the coming months, lining up 15,000 more visas by May. DHS Secretary Chad Wolf is creating the visas for business interests in an arbitrary fashion, surpassing the allotted annual cap of around 60,000 with the bonus visas.

Watch Tucker’s segment here:

Speaking of the similar H-1B visa giveaway program, Tucker slammed the greed of globalist corporations seeking to replace American workers with a system of de facto indentured servitude with foreign workers legally bound to their employers.

The visas are used to import tens of thousands of tech workers from India so that Silicon Valley can profit from a cheaper workforce. Nothing against the workers- but they’re taking jobs that could go to Americans.”

Tucker has documented at length the tendency of global corporations to shamelessly use the visa programs to replace their American workforce, going so far as to order longtime employees to train their cheaper foreign replacements.

The DHS visa giveaway quite literally couldn’t come at a worse time- bailing out corporations that seek cheap labor and undercutting the interests of American workers in the construction, landscaping, and agricultural industries.

DHS Secretary Chad Wolf has a reliable track record of seeking to increase corporate giveaway worker visas as a Washington D.C lobbyist. Unfortunately, it appears he’s continuing in an attempt to deliver the goods to America’s business interests as head of the federal department, rebuffing the premise of adhering to President Donald Trump’s ‘America First’ pro-worker platform. (Trump had ran on the premise of shrinking if not outright abolishing frequently abused visa programs in the 2016 election.)

Tucker called upon President Trump to step in and correct Wolf’s attempt to placate corporate interests, using the powers of his office to shut down the cheap labor visa giveaways in the hour they stand poised to prove the most destructive to the economic interests of American workers.

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