Transcripts For FOXNEWS Outnumbered 20240711 : comparemela.c

Transcripts For FOXNEWS Outnumbered 20240711

That are being organized on facebook and read it buying the stock, bidding it up, causing those institutions to lose money here. Talking to the tune of billions of dollars over the past week or so for the sec, Securities Exchange commission is watching this and a sec regulator told me you might be hard for them to find a violation. Listen. I think when it comes to regulating the speech or regulating content, thats a huge challenge and certainly from a securities regulation perspective. I dont think the sec can regulate speech which everyone has the right to regulate in the sense charging a crime for doing it. What has lawmakers concerned is that robin hood is billed as a free Trading Platform had actually stopped or halted trades on gamestop and some of these others that were shorted which allowed the institutions to make back some of their money in those shorts yesterday. If robin hood said it needed the pause to collect collateral for its clearing house. They raised A Billion Dollars yesterday. On top of all of this, facebook and reddit have now close the chat groups that started all of this and organize those investors so now you have hearings that will happen on capitol hill and the house and the senate as well as treasury secretary janet yellen saying that she is looking into this. When max was a Big Tech Giants got in on it too . Youre talking about for which . Harris facebook. Exactly. Facebook and reddit close down the chat rooms and started all of this. They said they were violations of their terms of service. Facebook has sent it to its independent body that they look into them and as of right now, those chat rooms are close down and thats what has a lot of investors upset as it looks like collusion. Infants going to be some investigation here. Harris thank you very much but havent heard that Word Collusion in a while. If you are watching outnumbered. Im harris faulkner. Here today, emily compagno, host of no interruption on fox nation. Tomi lahren is here and joining us for the first time, former republican congressional candidate from maryland and the founder of Red Renaissance and in the center the virtual couch seat today, dave rubin back with us for another time, host of the rubin report, reaction from the panel in a moment. I want to start with Tucker Carlson calling out what he sees as wall streets game. Here is what makes the Hedge Fund Managers different from you. They have a lot more power than you. They control the game so they immediately change the rules of the game. Turns out what wall street really hates his outsider trading, people from outside their world might be getting rich. Thats the one thing they cant abide. Harris im coming to you first for your response. Kim thank you so much for having me. Im happy to be here today. Wall street and main street are two separate rules here. So people understand while everyone was struggling back in 2020 financially, investors were still making a ton of money. Just two weeks ago, reported that s p was up 16. 3 , nasdaq was up 43 , record highs all around some investors were still doing well like when the Average American like myself are not doing so well so i know a lot of people were asking are we going to hear anything from President Biden and his administration, i dont think we will. If they go handinhand, i know Joe Biden The First Lady now raise the money for hedge funds back in 2019 for joe bidens campaign, brother has been accused with Hedge Fund Managers for Prodding A Business in tennessee and that came out and Associated Press so for me, we are not going to hear anything from the Biden Administration and i dont think we will mix this problem because of that. There seems to be no rules for wall street. Harris dave rubin, i dont know if you could hear our reporter from fox business but i perked up when he said social media jumped into the game, facebook wanting to now take a look at whether or not it was okay for groups of people to get together as investors. Dave you hit it when you said the Word Collusion. Lets look at it this way, the little guys that were losing, you think facebook and reddit would be taken out these pages . No, they take down the pages because these are just average people. If i actually have the robin hood app. I use it. I have a tiny bit of gamestop because i wanted to get in on this just to feel what the experience was like but think about it, the people started doing something that started hurting the institutions, hurting the hedge funds and then what did the system do . Theres so much that the people versus the system these days which is why we are seeing our institutions collapse. The system decided to ban the reddit page, ban the facebook page, then the robin hood app itself which was purely designed and millions of people are Walking Around with it on their phone, purely designed for the average person to get in the game. When the average person started to succeed, they halted trading. This is a scandal of extraordinary proportions but its completely in line with so much of whats happening in the world right now which is average people are trying to speak up and are being censored or attacked or silenced by the big machine and thats what we have to figure out, help to arbitrage those two positions. Harris do you think the people watching this, arent necessarily in the game, theyve got 401 k s but understand what it takes to take on goliath, do they think they get which is happen and can you boil it down into a Nutshell Forest . Emily i think they do absolutely. The average intelligence of the american is much higher than those in power would have them believe and i would love to break it down. Heres how i view this. Who is protecting who was watching out for the Average American . And there is a structure that we are just forced to accept without question and i think the story is more than just robin hood versus goliath. Its about how robin hood was selling Information Goliath and therefore beholden. If sets the rules at all Ordinay Americans are excluded from for they didnt ban trading halfway through, they ban the purchase of the stock which is the exception for the average user of the 13 million who use this app, 31 years old. Confetti goes off when you make a trade. But what is in place to protect these ordinary americans . The sec who said they are monitoring the situation and we heard in the intro how their powers are quite limited as well. If treasury secretary Janet Yelling who has profited from Ts Financial Structure and help to build it. After her big biotech blunder, i just lost the quote. He basically said that the fed and the professional investor can never predict the collective wisdom of the average Market Participant and thats whats going on here is when you take power back, they crumbles. You see that these forces are closing ranks in the question remains who is protecting the Average American. Harris such a great question and i started there with emily because people do get this and anybody who thinks that just because youre not a billionaire, you cant understand that what youre watching over is something more than just a power grab. If you are a small Retail Investor trying to help others, this was such a slap in the face people understand that. Tomi they have to. And john saki was asked about it this morning and dodged the question ends at the would take care of it, she didnt want to speak to the issue. But once again, the American People are starting to understand and is becoming more obvious and abundantly clear with the new administration that when the elites dont win, they stop the game. This is exactly what happened. But talking about the big tech censorship, i also perked up when your reporter discussed that because again, this is another slap in the face of the little guy, the Average American. If you guys get together and this reddit group is 6 Million People strong, if you get together and want to have a voice outside of the elite, they will simply shut you off on the fact that the elites with the democrats with big tech, academia, how, hollywood, seems like all those forces are coming together against the little guy and at some point, this is a tinderbox that will light on fire and each passing day is just another job, the American People are seeing through it and getting sick of it. Harris so who is looking out for Average Americans . We are because we are going to let go of this outfoxed. This is not just going to go away. Great to see everybody on the panel today, welcome kim for the first time. The demonizing of republicans on capitol hill. Progressive firebrand ocasiocortez getting called out over what she said about senator ted cruz after he agreed with her. About the gamestop controversy. Reaching out, reaching over. She smacked that hand. The more that she can accuse ted cruz and other republicans of things that are evil, the legacy Mainstream Media will continue to repeat it and it will become the truth out there in the socalled hinterlands. Harris plus, new calls to investigate new York Governor Andrew Cuomo after a scathing new report by his own states Attorney General on Nursing Home Deaths during the pandemic. Reactions on that coming up but still watching his Press Conference as he talks about this, we will go there live and what will they ask him . Ive got ideas. We are the thrivers. 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Ocasiocortez getting into it with texas senator ted cruz after he agreed with her that senate is to hold hearings on the gamestop trading frenzy. Tweeting i am happy to work with republicans on this issue where there is Common Ground but you almost had me murdered three weeks ago, so you can sit this one out. Happy to work with almost any other g. O. P. That are trying to get me killed. In the meantime, if you want to help, you can resign. Ted cruz responded with this statement. Theres a lot of partisan anger and rage on the democrat side and its not healthy for our country and certainly not conducive of healing or unity but everyone has to decide how they want to interact with others. House Speaker Nancy Pelosi was some incendiary comments of her own and has minority whip Steve Scalise who survived the 2017 shooting by a Bernie Sanders supporter responded. I do believe and i have said this all along that we will probably need a supplemental for more security for members when the enemy is within the house of representatives, a threat that members are concerned about in addition to what is happening outside. With is a dangerous game shes playing and she needs to stop doing this because we have seen where this goes when i try to demonize their opponents, thats all they know how to do this throughout distractions. Emily are these the same that were bashing drum for his inflammatory rhetoric and what they argue that led to . Kim she was given an opportunity to have an easy layup and she didnt do it. I remember when President Trump alluded to the fact that Joe Scarborough mightve had something to do with the death of his internal staff are back whenever he was in office and the media went crazy. They crucified him for weeks. If. Amc basically just accused a sitting senator of conspiracy to murder and they say nothing, i hope ted cruz actually take some action. Harris i need to step in here with breaking news, we want to listen now to new York Governor Andrew Cuomo holding that News Conference and people are asking about Nursing Homes. Back in august, we said that we would get the legislature and we are working on that in anticipation of my Budget Meeting but when i saw the Attorney General report decide that we need to finish that up quickly and get these numbers out in real time. This is another key point emphasizes the total number of deaths does not change. That number has not changed and to misrepresent that number is factually inaccurate. So in the report when i saw that that was there, when they said it was undercounting, that was inaccurate and i wanted to get that out of hand because you have said on all these presentations, reporting the number of deaths is always the hardest number to report and one to be sure that those numbers are accurate. Remember the context here. The report a firm to commissioner said. If where this starts is frankly a political attack from prior federal administration hhs, the Roger Stone Protege who said we have more Nursing Home Deaths in new york because of something that the state Health Department did. This report confirms everything the commissioner said for the past year. The State Department Of Health followed federal guidance by cms and cdc, commissioner said no, not for profit nursing home was forced to take anyone, report confirms that. If if they took a person who they could not care for for a covid positive person of malaya violated violated the law. The report says that. And the department of health only counted the number of deaths in hospitals on the number of deaths in Nursing Homes, released that number, that number stays the same. How about people who were in people who were transferred in the hospital back to a nursing home . That number was correlating because you have to get that from the Nursing Homes in the report also says the information from Nursing Homes is often incorrect and thats the number to date.

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