28 full minutes. Terrified cnbc viewers watched slack jawed as he ranted. Here is part of his performance. Hell is coming this was a feeling like ive never had. Like theres a tsunami coming, right . A tsunami is coming. You feel it in the air. The tide starts to roll out, ok . On the beach, people are playing and having fun like theres nothing going on. Thats the feeling ive had for the last two months, ok . And my colleagues at work, ok, thought i was a lunatic we need to shut it down now america will end as we know it, ok . Im sorry to say so, ok, unless we take this option. Bill ahman was afraid, and he wanted you to be afraid. He was especially frightened for the future of Hilton Hotels. Hilton hotels ahman proclaimed, is going to zero along with every other Hotel Company in the world. Every hotel is going to be shut down in the country. Every one talk about scary but in the end, not for bill ahman. Not long after that appearance, we learned that his firm had made more than 2 billion from trading in the stocks many people believed hed pushed down with hysterically dire predictions you just saw including Hilton Hotels. Is ackmans rant on cnbc part of a very dishonest Investment Strategy . Seems pretty obvious. We said so on the air, ackmans lawyers threatened to sue us. Ackman swore to us his public attack on Hilton Hotels had nothing to do at all with his desire to buy hotel stocks at a lower price or with the billions in profit his firm subsequently reported. There was no connection whatsoever. He promised and heson sounded emotional and he sounded emotional as he said it. Well let you assess bill ackmans sincerity. Ackman once attacked herballife on television. Its going zero he predicted in an effort to profit from herballifes decline. Ugly. That happens a lot on wall street. Hedge Fund Managers bet money a specific stock will decline in value. Thats called Short Selling. Short selling has no obvious value to the american economy. Short selling exists for the purpose of enriching the people who do it. Short selling hurts companies obviously. It hurts their investors. It hurts their employees. Ultimately, it hurts our country itself. Yet it continues. No one does anything about Short Selling. Regulators ignore it cnbc applauds the brilliance of people who do it. Oh, theyre so clever. The hedge Fund Managers. Nbcs Business Channel regularly lends its airwaves to unscrupulous short sellers who uses air time to tank American Companies for profit. They do that all the time. The last administration did nothing to stop this the Current Administration certainly wont. The Biden White House is more tightly controlled by business interests than any administration to history. Virtually every person there is beholden to the financial establishment. Whats happening on wall street is so clearly awful and so obviously destructive. The question is, who is going to fight back against it . As it turns out a bunch of guys on edit will. It fell to them to push back against the short sellers because no one else even tried, so they did a group of independent investors in a edit group called wall street bets learned that hedge funds planned to short the stock of a fading Retail Company called game stop. So the edit investors began buying shares of game stop and game stop surged in value ultimately up by more than 1,000 . The hedge funds for all of their calculations hadnt seen that coming and they lost billions as a result of it. One hedge fund lost so much money it needed a bailout from two other hedge funds. Meanwhile, some of the investors on edit got rich. But getting rich was not the whole reason they did it. They also wanted to send a message to the hedge Fund Managers. Heres one of the edit guys, a man Called Justin speak explain it. Id be lying to say if there wasnt some pleasure out of the fact that im a pastor and jesus tells the store brie this rich fool who has an overabundant harvest, more than he can store and rather than give the excess to those in need, he chooses to build bigger and bigger barns to store it for himself. Rather than share the billions with the less fortunate, theyve built bigger and bigger barns for themselves and so, yeah, as 100 , theres a part of me that thought, well, itd be a fun to be a part of this moment to see this moment where at some level overnight these investors are losing their investing lives thats being demanded from them and theyre left wondering what who is going to get what they prepared for themselves . They built bigger barns for themselves . Thats true. Not to mention epicically enormous art collections. The Hedge Fund People in case you havent noticed, in case you dont read the Business Press is very proud of their art collection. Very, aggressively, flamboyantly proud. Its cheap, garish crap people will laugh at a generation from now. That tells you a lot. It turns out a lot of our financial wizards have awful taste. Theyre as vulgar as the way they do business. No one dares to tell them in a country that worships finance people. Theyre the kind of rich people that still think frank gary is a brilliant architect, not a scam artist. So people like that, arrogant, lacking any selfawareness whatsoever understandably generate some resentment from the rest of the population. They pause and say, wait a second, bill ackman, and many people on wall street that behave like bill ackman, what exactly did you do to make 2 billion . Did you improve anything . It was just another sleazy inside deal the rest of us were excluded from participating in . Tell us now. Please speak slowly so we can understand your answer. That was pretty much the message the edit guys were sending to wall street the edit guys were sending to wall street. Watching at home, a lot of americans were applauding that message. They felt the same way. The hedge funds dont. Here is what makes the hedge Fund Managers different from you. They have more power than you. They control the game. They immediately changed the rules of the game. Today, the investment app robin hood used by independent investors to buy and sell stocks banned its users from trading game stop shares as well as from several other company shares. No one even knew that was legal, maybe it isnt, but robin hood did it any way and they did it under pressure from the hedge funds who they really work for. So much for the free market youre always hearing about. Theres nothing free about it. That turned out to be a lie. Turns out, though, what wall street really hates is outsider trading. The idea that people from outside their world might be getting rich. Thats the one thing they can abide. The management of robin hood didnt admit any of this. They cant. Theyre still posing instead as an outpost, Inclusive Progressive Values in the sea of rapacious capitalism. They sell information they gather from their customers to the hedge funds who use it for their advantage and most customers dont even know. Hows that for progressive . On the other hand, they do support blm. Theyre against hate and systemic racism. Theyre for science and they want you to know that. Heres an add from robin hood that ran ed from robin hood that ran last month. Remember when greed was good, when you had to look the part, when you had to pay for a seat at the table . We set out to change it the way the system works, to put the power in everyones hands, to make it feel, speak, sound and look just like you. We all invest every day in ourselves, our communities, our future. We are all investors. Tucker haha. Its so fun to watch that stuff after the fact. That ran a month ago we set out to change the way the system works, says robin hood. Well, thats for sure. In fact, thats literally true. Robin hood changed the system at precisely the moment when people from outside the system started benefiting from the system. Sorry, trolls, no trading for you. Were lockerring your account. Other platforms took effectively the same position but pretended more than robin hood did. They justified changing the rules by attacking the very people they were hurting by changing the rules. The Communication Service discord, for example, banned users from the wall street bets group freezing its platform. Whyd they do that . Wasnt at all because the reddit guys were beating the Hedge Fund Guys at their own grubby game. Thats not allowed. It had nothing to do with that of course. They were banned because the reddit guys engaged in hate speech of course the reddit guys were racist thats why they humiliated the hedge fund. Only a racist would do that you can laugh if you want, but keep in mind, this is a timetested tactic. It works thats why they do it remember back if you can to the Occupy Wall Street protest of more than a decade ago. The 2008 crash wrecked an awful lot of families in this country. Many have not recovered even now. People were angry about that and many blamed wall street, and they said so. But rather than address their grievanceses, some of them legitimate, wall street and its countless puppets in the media just changed the subject so it was right about this point that we started hearing an awful lot about identity politicians. We can prove that. In 2011, when the Occupy Movement was at its peak, mentions of the word racism in the new york times, the Washington Post and Los Angeles Times skyrocketed. In the case of the Washington Post, which is americas most committed defender of entrenched power literally owned now by the richest man in the world, mentions of racism nearly tripled at the height of Occupy Wall Street. Oh and, of course, it worked. They changed the subject. Theyre doing that again. They always do that. Always. Over on cnbc, home of the professional short seller, the ones who tell you to sell when they profit from it, they havent started yet Yelliurge Oe Supremacy On Reddit though obviously thats coming. Its inevitable. They started their defense of big finance a little more tactfully than that. The problem with humiliating hedge funds explained andrew russ shorkin, is in the end, humiliating hedge funds only hurts the people who do it, so for their own good, they might want to stop this nonsense immediately. What im concerned about is this is a pumpanddump scheme that effected as being as Mother Teresa arrived on the scene. I think there are real underlying issues with the system that need to be resolved. I do not want to protect the system. I love watching the little guy beat the big guy as much as anybody, but what i wonder is whether these folks trying to Stick It To The Man are ultimately going to be sticking it to themselves. Tucker if they dont stick themselves with their scheme. Not at all like the guests on this channel do. This is a scheme and andrew russ shorkin is deeply concerned about this thing. Hes really, really worried that average people might be hurt by this scheme. He can barely sleep while thinking about it. Thats how much he tossed and turned beneath his goose down duvet as he pondered the fate of americas beleaguered middleclass, which is hilarious. But even if you were to believe it, its a little late honestly. Where was andrew russ shorkin for the last dozen years as the Central Bank Shoveled trillions to wall street . There are enriching a few, devaluing the american dollar, Guaranteeing Hyperinflation and destroying the value of the average americans savings. The reddit guys noticed it. Thats why theyre mad. Jenny ellen may have something to say about it jenny ellen ran the Federal Reserve for years under barack obama. Janet yellen is responsible for creating the distorted Financial System that made the reddit revolt possible, indeed inevitable. Wheres janet yellen now . Whats she have to say for herself . Shes joe bidens Treasury Secretary. Here is what joe biden slack had to say yesterday about janet yellen. Is the white house concerned about the Stock Market Activity Working around game stop and now with some other stocks as well including the or whatever, the company that once was blockbuster . Have there been conversations at the fcc about how to proceed . Im happy to repeat we have the first female Treasury Secretary in a team that is surrounding her and often questions about market, well send to them. Our team is, of course, our Economic Team including Secretary Yellen and others are monitoring the situation. Its a good reminder, though, the stock market isnt the only measure of the health of our economy. Those dont reflect how working and middleclass families are doing. Tucker so as her first answer, jen psaki is happy to repeat that janet yellen is the first female Treasury Secretary. Shes got nothing to say about reddit, game stop, Short Selling or the dangerously corrupt position of americas financial market. She made millions from hedge funds including losing money we want to remind you that janet yellen is a woman. Theyre empowered. They break glass ceilings. We cant give you an answer. We wont improve your life. We do have diversity so you should be happy. Thats their position. Has there ever been in all Human History a clear distillation of the essence of neoliberalism than that . Never has been. Maybe at this point, people will start to catch onto the game. Suddenly, people are catching onto a lot of things, it looks like. Looking back, we may see the reddit guys and their effective defense of game stop as a kind of Turning Point in this countrys history. Whatever our Current System is, it is definitely not the capitalism we were promised, not even close. One of the rare people in media who understands this is our next guest. Hes a founder of Barstool Sports as well as an independent investors who trades an awful lot on line and has done well. Dave portnoy joins us now to explain exactly what this moment means. Dave this gets to the heart of what youve been doing under quarantine and im wondering what lessons we can draw from this. What is happening exactly . You know, ive been trading heavily since quarantine started and i was shocked by this. I personally did invest in amc and nokia. Those are two of the stocks that the reddit guys and the wall street bets guys were pushing. I believed in the power of the internet. When i saw what robin hood was doing, ironically give to the poor even though they do the exact opposite, i was stunned. I think its criminal. I think there has to be an investigation. I think people have to go to jail. Whether that actually happens, i dont know, but ive never been more convinced about Market Manipulation and the people, the hedge funds controlling the game than today. I mean, just wake up and say, hey, you cant trade these stocks anymore. You could only sell them. Were going to intentionally crash the market in these stocks and everyone who has it, tough, youre going to lose a ton of money but were going to save the rich people and the hedge funds. Shocking like in 20 years of me doing barstool, im not exaggerating, its the most shocked ive been and maybe i shouldnt be, but, you know, when you have aoc and donald trump jr. Vote on the same side of an issue, you know something is dramatically wrong tucker this seems like a betrayal of the basic promise of American Public markets which is their transparency. Thats why youve been able to make it through quarantine. You make a bet and you win. How amazing to discover that thats not real . Apparently its real for them. And i love the lectures. You hear it from the hedge funds and the suits as i call them but theyll say theyre protecting you and were protecting you against yourself and people dont understand the risk and margein and then you look at them and its like, buddy, look in the mirror youre doing the same thing. The hedge funds are betting against companies. Were betting on them. With money and margin, were doing the same thing. The only difference is were winning and youre getting your teeth kicked in and you just said time out. Were changing the rules. And its bananas it cannot happen. I saw the robin hood guy on tv. Hes lying through his teeth. Listen, the thing that really is scary, robin hood im going to give this guy a shred of credit. When he woke up and he said were going to halt trading and ruin our most our client base, he knew that was the end of robin hood. Robin hood is done that company will cease to exist because what they built it on the day trader, the retail trader, theyre never going back. He willingly blew up his company today. He knew that was going to happen. Why . Who is in the back end . Who is pulling the strings . Who is making the decisions . We have to find out. By the way, its not enough to be like, oh, were going to slap you on the wrist and give you a fine. These are billionaires. They can write billion Dollar Checks like we write 10 checks. Someone has to go to jail for this. This is intentional Market Manipulation. Its everyday people. Not just the reddit people. I have people hitting me up all the time, today, yesterday, theyre putting their rent into this. They got caught up in the momentum. If you lose money fair and square, fine, but no one was under the impression someone could just press the stop button and say guess what . We can crash this stock without you having any say you could only sell it. You cant buy it. What happened . This is like the movie wall street its insane tucker i just read a piece about 15 minutes ago that said and it seems right that robin hoods Real Custsummer not retail customer is not Retail Investors like you. Its real customer is the hedge fund. They sell data on trades to the hedge funds which use it to their advantage. Assuming thats true, did you know that . Did you think robin hood knew that . I did not know that. I didnt know that until today. I dont think anybody knew a lot of the things that were going on until today. Um, you know, again, robin hood was operating under the guise this was a retail trading platform. A lot of people said i helped build it because we had all of our retail bros as we call them, going there. Theyre going to democracies trading. Its the exact opposite. Now theyre saying were going to go back to normal tomorrow. Were going to let everybody do the normal trading tomorrow. What changed . The Billionaire Hedge Funds got out of their shorts tonight. Where why is this behavior not risky tomorrow but it was today . Its because theyre being pulled by strings. Its criminal behavior what happened today. Plain and simple. People have to go to jail. Plain and simple tucker best description ive heard. Ive got to ask you before you go, several weeks ago you announced youre starting to raise money to help those restaurants that were affected by the coronavirus shutdowns. Were closing in on 33 million raised. Over 200 businesses weve helped. Over 200,000 people have donated to it. Again, im a prickly guy but its been gratifying to be able to help and thank you to everybody who has donated. We continue to do it. Were helping a lot of Small Businesses and a lot of employees and a lot of communities. It actually its been great it really has tucker its amazing. Youre like your own federal agency at this point helping people when others wont. I appreciate it. Dave portnoy, thank you for coming on tonight. Thanks, tucker. Tucker so, amidst all of the tumult, theres an actual Power Struggle but its more than that, its a struggle over ideas, over ideology, over philosophy going on in the very center of the Republican Party. You should know about it because itll help define what the party is going forward. Congressman matt is in wyoming tonight. Well tell you why hes involved in that. Plus, Teachers Unions decided they dont want to teach your children. Last night, we showed you a poignant a moving video of one parent who confronted a school board about it. The Garbage Workers who pick up my freakintrash risk their lives every day more than anyone in this school system. That man joins us straight ahead. Every veteran family deserves to fulfill their dream of owning a home and to continue living that dream throughout their lives. At newday usa, we have va refinance loans to do just that. From refinancing to lower your monthly Mortgage Payments to refinancing and getting cash for your family. Whatever you need, were here. Tucker were in a new era, obviously, and among the many realignments taking place in american life, we just spent 25 minutes telling but one going on in wall street tonight , theres also quite an intense struggle underway about what the Republican Party represents going forward. There are a lot of people involved in this. We want to single out two that represent poles in the party, opposite ends. One is congressman liz chaney of wyoming, the states only neoconservative representing the older Republican Party in the bush years, probably more precisely. On the other end is Congressman Matt Gates from florida with a different outlook. The question is, how much power in the new Republican Party will liz chaney have . Will today, Congressman Gates went to the State Capitol there joined by Hundreds Of Protesters who dont believe that liz chaney should be one of the people running the Republican Party going forward. Congressman joins us right now. Thank you for coming on. I like liz chaney. I think shes smart. This is not personal. This is philosophical. The question is how is someone who is so closely aligned with a bill crystal, very sinister person and many other neo. [indiscernible] that so hurt this country, how is that person so close to the top of the leadership of the Republican Party tonight . Because inside the beltway of washington d. C. , the establishment has concentrated their power and now they want to be able to reconstitute the Republican Party in their image. My theory of the case, tucker, is if we only fight the neocons in washington d. C. , then theyre on their home turf. We need to go out into the country. We need to inspire a positive populism and stand against these americalast politician who has are a lot politician who has are a lot like america as a whole, owned by foreign interests abroad and special interests at home and at times deeply unpopular. I saw a poll that came out yesterday that had liz cheney at 10 Approval Rating with republicans in her own state. By contrast, Moammar Gadhafi had a 13 Approval Rating in his final days and so its a bit irannic liz cheney is less popular among republicans than the arab dictators that she wants to throw out of office. Tucker so heres the confusing part, again, its not personal but philosophical. If you were to poll Republican Voters on their beliefs, theyd come much closer to yours than the beliefs of liz cheney and bill crystal so why would Kevin Mccarthy, leader of the republicans in the house, back liz cheney . Its a sincere question . Of course to be able to maintain power, tucker. I dont think theres any love lost between Kevin Mccarthy and liz cheney but if youre a member of the establishment and the leadership, the most dangerous concept in the world to you is that anyone in the leadership could be removed by virtue of a vote of the membership. Kevin mccarthy needs to hold a vote on liz cheney and if he doesnt, the republican conference is a total joke. More than half of the republican conference has said that this person does not speak for us. Now, you and i both know the republicans basically have no power in washington d. C. Right now. The only power we have is to communicate and if the person weve designated to communicate for us is the conference chair doesnt have the support of the majority of the conference, it is a total fiction youve created regarding the entire structure of leadership. Tucker of course. Interesting. Now that were all defending democracy a vote seems like a good idea. Voting is a democracy. Hope you get it. Thank you for being here. Thank you, tucker. Tucker the total number of coronavirus deaths is a huge deal. Used to be at cnn. Coronavirus death tracker. The coronavirus Death Numbers have been different from what weve been led by politicians to believe. Very different. Especially in one state. Well tell you where next. Tucker we showed you tape last night of a parent who speaks for so many parents for schoolaged children in this country right now, Brandon Mechan from northern virginia. Heres what he told the school board in his county. You think youre some sort of martyrs because of the decisions youre making when the statistics do not lie that the vast majority of the population is not at risk from this virus. Tucker they should be working. Theyre not. Well speak to the man who said that in just a moment. But first, its not very often that politicians show signs of selfawareness, selfreflection, but on tuesday, we did see one of those moments coming from new yorks Emmy Awardwinning governor andrew cuomo. The government that andrew cuomo runs is totally incompetent. Incompetent government kills people. Incompetent government kills people. More people died than needed to die in covid. Thats the truth. Tucker he stedtwice, sew means it. Maybe he was he said it twice, so he means it. Maybe he was trying to get the attention of the anchors. Either way hes right. New report from the Attorney Generals Office confirmed the assessment of andrew cuomo. Andrew cuomos government has been Undercounting Nursing Home deaths during covid for up to 15 . 50 undercount of death. What . Its worse than we thought. We knew andrew cuomo wasnt responding. We knew he wasnt being transparent. To find out the deaths are 50 underreported is absolutely an unbelievable shock. He was not being transparent. He would not answer questions by anyone, and here youve got this governor who is promoting himself all during this pandemic. You know with his brother fredo on cnn, they have the cuomo brother show, laughing and talking about how great they are. He writes a book on leadership about himself in the middle of the pandemic and how hes really handling this pandemic so well. I mean, you know, think about it. What leader, what great leader do you know who during a war or a pandemic says, you know, im so great. Im handling this. I happen to know hes a bit shady. I ran against him a long time ago, but the truth is that he was the one who was sending covidinfected patients into Nursing Homes. And that is what caused the number of deaths to sky rocket. You dont have to you dont have to be a genius to figure that out. And then when he was questioned about why are you sending covidinfected patients into Nursing Homes, he blamed it on donald trump. Meanwhile, donald trump was the one who was giving all of the help he needed, you know, and giving him whatever he asked for and he thanked him in march and april and may and then all of a sudden now everything is Donald Trumps fault. Youve got andrew cuomo who is ridiculing people, who have loved ones who are dying in these Nursing Homes like our own janis making fun of them and at the same time he wins an emmy for being such a great guy. You got to give credit to the left, but heres where the trouble comes in. Its a coverup, tucker. It was a coverup when he undercut the numbers by half. And it may even be more than that, ok . And number two, he then makes the decision to give immunity to Nursing Homes and Hospital Administrators in a law that he signed shortly thereafter so that they cannot be sued civilly or criminally. Even the Attorney General says that that should be changed. To me, thats consciousness of guilt. Here is this guy who is doing it intentionally, sending them in, blaming cuomo all the time being asked about why are you doing it, not answering the question and engaging in an ego trip. Now, what hes saying is nobody is going to be prosecuted. Dont worry about it. Ive got you all covered. I passed a law. This guy is the essence of corruption. He is meanspirited. He is evil. What he did by the way, new york is the epicenter of the coronavirus. Tucker i know this. We have more deaths in this state than any other state in the country and he wants to talk about what a wonderful guy he is tucker jeanine pirro, appreciate that assessment. Good to see you tonight. Thank you. Thank you. Tucker we showed you the tape last night. It moved a lot of people. Brendan mechan say parent in lowden county, virginia. They week, he confronted the Teachers Union who refuses to go back to teach the children. Youre a bunch of cowards hiding behind our children refusing to keep our schools open. There are people like me and a line of other people out there who will gladly take your seat and figure it out Tucker Brandon Joins Us tonight. Thank you for coming on tonight. What moved you to do that . Look, weve gone for months to the School Board Meetings and as parents, you know, our voice wasnt being heard. What you didnt see in that video was my fiveyearold and eightyearold speaking and after they spoke, there was no acknowledgement of that. School boardmembers who are trying to just move you onto the next thing and theres no acknowledgement. Its scary to talk in front of these people. Its scary for adults to even do it. And so what happened was when i got up there, you know, my blood started boiling a little bit. As i began speaking, i said, look, um, i want them to hear me. I want them to look up and pay attention. I think we got some acknowledgement from that. Tucker i bet you did you certainly woke up a lot of country. The camera shot is static. We dont see their reactions. What were their reactions . You know, i think it was a little bit of awe, right . You know, theres the quorum they want and i wasnt fitting that, but to take a step back, this is about the children. This isnt about a political party. Tucker right. Right. The teachers themselves, theyre you know, theyre trying their best. They were thrown into these circumstances and i feel for them. Look, a Kindergarten Teacher never signed up to be an online professor. So were all trying to figure this out together. Children, teachers, what we want is them back in schools learning and being children. Tucker see and every parent who has watched kids languish for the last year feels the way you do. Do you think the administrators or the Union Leaders understand this now . You know, look, we have elected officials. We bring them in. Theyre supposed to have a job to do. A lot of times its easy to sit back and let other people lead. What i said and what i was passionate about is, look, if youre not going to lead, this country was built on strong leaders. Take a step to the side. Thats ok. Let other people step into that void. If youre not going to get our kids back, make a plan and execute it. And you know what . You may fall a little short but its better than no plan at all. The key thing i think is, like, youve got to put something out there and take a little bit at risk. Tucker this country was built on strong leaders. Boy, that is such a wise observation. No leadership is almost worse than making, you know, wrong decisions and then correcting them. Do you see anybody in your state or your county or town stepping forward to provide that leadership . Look, i think theres a lot of parents and, look, im just a father, right . I have kids and i want the best for them, but theres so many others who just want the best for their kids. Theres a lot of people who have reached out to me from across the country ironically saying thank you for being a voice. And the only thing i could really say is as citizens, we vote we speak, and we could make change, and so go to your local school board meeting. Look it up. See when it is. Go and see, um write something. Phone in. Write an email. Try to make some change. Try to get our kids back in school, because our kids are the most important asset in our life and then learning and being mentored and being educated is all we have to look forward to, because theyre going to be taking care of white house were old. Tucker i theyre going to be taking care of us when were old. Tucker what do you do for a living . What does your employer think of this . I dont want to get into that. This really isnt about me. Tucker i get that. This is about the children, right . Tucker yes. My colleagues have an understanding. This is nothing to do with me. This is my side and my view that children should be educated in a certain way and give them the option, right . If some parents want to keep their kids at home, thats great. If some parents want to send their kids to school, thats all right as well. Kids need to be kids. Parents should let them grow and let the teachers that want to be there with them, give them that option. Tucker that is not a political point, that is the truth. I hope youre celebrated and not punished for making it. I appreciate you coming on. Brandon, thank you. Thank you so much. Appreciate it. Tucker so what youve seen with the reddit investors in game stop isnt just a news story. It has profound implications for this country and this economy. What are those implications . Glen greenwald has been watching this carefully and has a really interesting answer. Hell be joining us after the break. Look in the mirror, youre doing the same thing. The hedge funds are getting against companies. Were betting on them. With money and margin, were doing the same thing. Only difference is were winning and youre getting your teeth kicked in. Its because theyre being pulled by strings. Its criminal behavior what happened today. Plain and simple. People have to go to jail tucker that, as you know, was earlier in the show, dave portnoy who runs the sports site barstool. Some of the smartest analysis what were seeing on wall street now with from a guy with a sports site. One of the smartest pieces written on this today came from someone who is also not strictly speaking a financial journalist. He covers foreign policy. Glenn greenwald, independent journalist. Hope you support his work. Grateful to have him on tonight to explain what this means. You wrote a great piece this today, glenn. Theres so much to say. How would you assess what were seeing with game stop and the hedge fund . There are a whole bunch of Different Power Centers in the united states, many of which we often openly discuss, the intelligence community, silicon valley, the u. S. Government, lobbyists. Obviously, one of the most important and powerful, if not the most powerful is wall street and hedge funds in particular on wall street who are in the top of that food chain. We almost never talk about how it is they get to be multibillionaires, about really producing anything of value, just leaving off the american economy, taking huge amounts of money in exchange for nothing. Whenever you think of silicon valley, they get back by producing something whatever you think of those products. Tucker totally agree. These people dont produce nothing. They just take. And they just take and they just take. For the first time, not only are we seeing them have pain inflicted on them, not by people who are stealing from them or committing crimes but people who have figured out their game and learned how to exploit it by doing what they should do which is studying it but theyre also getting dragged out into the sunlight so for the first time, were talking about people like Melvin Capital and citadel and Hedge Fund Short Sellers and understanding what it is that theyre doing to this country and it only happened, tucker, because the internet a Free Internet when its free enables citizens to band together in large enough numbers to challenge the ruling class elites. Thats why we talk so much about the imperative nature of defending the internet from surveillance, defending it from censureship. Its a very powerful weapon in the hands of citizens against ruling class elites. Thats why theyre so bent upon seizing it back, controlling it, regulating it and censuring it. Tucker i think you make such a wise point. If i made 1 billion, people would say, where did you make 1 billion . And for what . I would feel incumbent upon me the responsibility to explain what i did. I never hear anyone discuss what the upper echelons of finance have really done or as you pointed out contributed to become billionaires. Why is that not a conversation were having all the time . Right and the other thing i think is so interesting from this particular case is you see people on the left and people on the right reacting in very similar ways, namely in favor of what these redditers did to these hedge funds. Why . Because if youre on the right, what you believe in generally, traditionally is free market economics. If youre on the left, what you believe in is Government Intervention and the economy to help the neediest. We have neither of those. What we have is a totally red system where the government constantly intervenes in the economy but not to help people who are in need but to help the richest and most powerful who are funded and owned and controlled by those very rich people who fund their campaign to pay their lobbyists who give them enormous Speaking Fees when theyre out of power and its a system that no one, either on the left or the right, supports. The only people that support it are the establishment centrists in both wings of the parties and they see these people uniting against them and thats why theyre desperate to reimpose a wedge between us so that we cant unite anymore. Tucker haha but theres a realignment coming which is is the good news. The great glenn greenwalt. Thank you. Well be right back. Tucker thats it for us. We appreciate your spending the hour watching this show. You may not agree with everything we say or think, but the one thing you can be certain of, we are saying what we really believe because we can. This is the freespeech channel, the last one left in america media. We will rejoin you tomorrow night, 8 00 p. M. , the show that is the sworn enemy of lying, pomposity, smugness, groupthink. Sean hannity takes over from here. Sean only a couple of us, tucker. Only a couple. Not many. And efforts to silence the few voices. Anyway, good show. Thank you, tucker. Welcome to hannity. Tonight, a David Versus Goliath Story is now unfolding. David was winning, until the sort of big government, well, jumped in to help goliath and save goliath. As we speak, Retail Investors are and have been squaring off against wall street and winning. Gamestop closed today at over 193 a share, down from, look at this, a whopping 450. Excuse me, just a short time ago, was trading around 5 a share. And then two Major Trading platforms