The fact that Ted Cruz and AOC completely agree on this shows you how unprecedented this all is.
And people already downvoting me...lol. Do you not realize you're just willing pawns?
The extreme grandstanding for her Twitter followers got her boxed out by her own party. She’s now just the lady with the socialist hot take for the evening news without any real means to change anything.
She's also just survived her first election as an incumbent. Two years in the house as a freshman with a Senate and president that would block everything anyway is not a time scale where you can reasonably expect to have massive legislation passed.
Lots of zingers on Twitter - no experience - no compromise.
Well not that much of a watershed moment I guess.
She could have made her point without that phrasing.
If influential people from both parties can work together for issues like this, it will make the world a better and fairer place for the middle class and the poor.
I am so glad to see legislators and politicians from both sides, regardless of their motivations, getting together on the side of the people.
For the people, you know.
Now, I agree that there's a good first principles argument (and also a bad populist one) that people should be allowed to trade their own money into scams if they want. But the idea of proving damages here based on the idea that GME was going to CONTINUE TO GO UP after a 500% increase triggered by a short squeeze is just insane, sorry.
The notion that an exchange would protect a trader from trades is laughably absurd.
Is that a bad trade? Should Robinhood have stopped me from buying that stock?