For the first time in decades, Americans seem to be wholly united in bipartisan rage, this time against Wall Street hedge funds and the Robinhood stock trading platform for shutting retail traders out from “meme stocks” like GameStop, AMC, and others.
American rap artist Ja Rule said “this is a f**king CRIME what @RobinhoodApp is doing,” before urging his followers “DO NOT SELL!!! HOLD THE LINE…”
Yo this is a fucking CRIME what @RobinhoodApp is doing DO NOT SELL!!! HOLD THE LINE… WTF 🤬
— Ja Rule (@jarule) January 28, 2021
While Ja Rule was an early critic, he was soon joined by two sitting members of the U.S. Congress, Rep. Alexandria Ocasio Cortez (D-NY) and Sen. Ted Cruz (R-TX).
“This is unacceptable,” wrote Ocasio-Cortez. “We now need to know more about @RobinhoodApp’s decision to block retail investors from purchasing stock while hedge funds are freely able to trade the stock as they see fit.”
Cruz quoted the tweet, adding “Fully agree.”
Fully agree. 👇 https://t.co/rW38zfLYGh
— Ted Cruz (@tedcruz) January 28, 2021
Dave Portnoy, the founder of Barstool Sports, celebrated the bipartisanship of Republicans and Democrats coming together to fight back against Robinhood and hedge funds.
“PRISON TIME,” wrote Portnoy. “Dems and Republicans haven’t agreed on 1 issue till this. That’s how blatant, illegal, unfathomable today’s events are.”
PRISON TIME. Dems and Republicans haven’t agreed on 1 issue till this. That’s how blatant, illegal, unfathomable today’s events are. It also shows how untouchable @RobinhoodApp @StevenACohen2C Citadel Point72 all think they are. Fines aren’t enough. Prison or bust https://t.co/cEldMThZSD
— Dave Portnoy (@stoolpresidente) January 28, 2021
Portnoy uploaded a video declaring that “everybody on Wall Street who had a hand in today’s crime needs to go to prison”…
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