Congress Created The Hedge Fund and Robin Hood Monsters: Unless Congress Wants to Nationalize the Pensions Disaster It Helped To Create, They’d Be Wise to Stay Out of Markets – February 18, 2021,

A lot of people forget that it was Bill Clinton who turned Hedge funds managers into the behemoths they are today. ost people forget about The Glass-Steagall Act. In November 1999, President Bill Clinton publicly declared “the Glass–Steagall law is no longer appropriate”.

People who don’t know what the Glass–Steagall act did, was it described four provisions of the United States Banking Act of 1933 separating commercial and investment banking. Prior to Bill Clinton ‘who was bought and paid for by special interest groups’ removing this act, the average Hedge Fund managers and Physicians made about the same amount of money.

Under Barack Obama, this changed entirely, I’ve said it before and I’ll say it again if Barack Obama was a white man, there is no way they would have gotten away with this theft. Hilary Clinton who could have been the First Female President initially was the politician of choice, but Barack Obama was 10 times better because as people remember, Obama could do no wrong, we can’t allow the system to crash when the first black man is President?.

The Pension crisis actually imploded in 2007-2008 and as most of us remember Barack Obama via the Fed of course bailed out Wall Street. Luckily the housing market was a convenient scapegoat, but if anyone looks at the data, the real problem was the Pensions, which of course were tied to all of these debt imploding instruments.

By the way, pensions are still tied to many of these imploding debt instruments, and these Hedge Fund managers who are now being targeted by young Reddit users who are financing these pensions via them ripping off retail investors exist primarily because of ARTIFICIALLY low-interest rates.

This dog and pony show by Congress I assume is mainly for ignorant Progressives who genuinely believe that the Government is there to help? The worst part of this brewing cold war between the young and the old is that if you’re 45 years or younger you have ZERO interest in keeping this Ponzi scheme afloat.

As most people know the real economy is DEFLATING, the only inflation coming out of this market is coming via Progrogressive policies, like “The Green New deal” and other job-killing regulations, which is making the cost of living artificially high for Americans under 45 years of age.

I keep hearing about people waiting for inflation, you morons it’s already here, Gold is at almost $2000, the price of Gold was like $300 in 1999. I remind you that the global economy has been DEFLATING since then. I bought a customized Macbook Pro for $5000USD+ about a year ago that’s less than 3 ounces of gold!

Do you know how insane that is? What’s even more insane are real estate prices. A house used to be known as a money pit, not anymore, home prices are exploding everywhere, almost as if these homes and condos don’t require maintenance? I keep telling young people, if you’re a part of the proletariat and you have real value in the Mainstreet economy, meaning you’re working in the trades, don’t undersell your skills.

Government workers, as well as people in the political classes, are over-pricing themselves, ‘m not sure when it’s going to happen, but eventually, these kids are going to wake up. If you’re a young person you have ZERO incentive to keep this financial system propped up and I don’t know why Congress wants to expose itself.

I thought Joe Biden made a smart move by staying out of the fight between Reddit users and Robinhood, but Congress, couldn’t resist the opportunity to make itself feel relevant. We all know why Robinhood did what it did, those Reddit kids have stumbled on the looming pension crisis.

No, those kids have something to learn about the manipulated silver markets, being that silver is very important to the industry, however, for most companies that aren’t under the heavy hand of government, these companies are fair game. Game Stop’s value is whatever the market decides it is, Silver and Gold are manipulated by the Government. Bitcoin is whatever price the market decides it wants it to be, copper prices as an example are heavily monitored by the government.

Eventually, these kids are going to figure this stuff out, I think Bitcoin reached $50,000 and I keep hearing people saying it’s going to crash, I ask how? Bitcoin similar to GameStop can be whatever price the market decides and because the Federal Reserve via Congres and other useless government entities have made money for select individuals VERY CHEAP and easily accessible, this cheap money can be used to prop up all sorts of things!

and again the world is in a DEFATONARY cycle and no country wants to abandon the U.S dollar right now. I think on the coast of California there are ships waiting to sell Americans things and grow America’s trade deficit if you’re wondering why? Well, who wouldn’t want to have control of one of the most powerful militaries in the world?

Even if you don’t think the 2020 election was rigged, don’t you find it odd that even with all the evidence that all of these voter fraud cases were simply thrown out in Democrat-held swing States? Do people not realize which political party has the most to lose if Austerity measures and fiscal responsibility are implemented?

The United States Congress is currently dominated by Democrats and it’s ironic in my opinion that this Robinhood fiasco happened under their watch. It’s always the events that you don’t expect that change the course of history. Now, Robinhood has put traders on high alert, but I’m not going to count out Robinhood yet, because it’s still free. I still pay for my trades, when I write about my market earners, my profits come after my broker fees are paid, sure it’s only a few bucks, but I still pay them.

Robinhood users pay nothing, so I don’t see them disappearing anytime soon, what I do see however is a more consciously aware younger trader, which is ten times more dangerous as they begin to evolve their thinking. I can already imagine the Democrat-controlled congress asking dumb questions further exposing their ignorance.

By doing this dog and pony show, the Democrats are going to inadvertently expose themselves and their ignorances. Smart parents learn quickly that their children don’t care what they say, a child’s actions are usually based on the actions of the parent. The worst thing to happen to a child is to find out that their parent/leader is an idiot parading around as a power-hungry genius.

Now, sure parenting by FORCE works… UNTIL IT DOESN’T, one day the child outgrows you and may become openly disrespectful and betrayed that you as their parent were either stupid or deceitful, what comes next is no one’s guess, all individuals are unique and might punish their former leader in a manner they deem fit.

Now, because Hedge Fund managers have basically merged with Government, this fascist-like arrangement may infuriate retail traders who comprehend the dog and pony show that Congress is about to put on. I’ve noticed Joe Biden has a talent for using a calm tone of voice when he is speaking, but there is no substance in his words, which based on what I know about parenting, would explain why Hunter Biden was a drug addict.

I’m pretty sure Hunter Biden saw through his parents’ deception, which translated into him having mental health issues. As crazy as Donald Trump is, everyone who understands parenting knows why his children came out so well. There’s substance in his words, whether you’re a poor or rich parent the old saying the apple doesn’t fall far from the tree, reigns true. We all know of crazy parents with great children, that’s often because the actions of these crazy parents are often CONSISTENT! Kids will pick up on these patterns.

These ‘Leaders’ in congress would be wise to say less because I do remember Occupy Wall Street (OWS) and what was missing about the OWS movement was a lack of understanding of how Wall Street operated. Well, now, that’s all changing, these kids are going to soon figure out that they’re missing out on their youth by financing this big government pension crisis! I hope you as the reader understand that they’re going to figure it out! It’s only a matter of time!

Hedge funds, Robinhood face grilling by Congress over GameStop Reddit rally | financialpost.com

Interesting times ahead!