From Team AOC <[email protected]>
Subject GameStop
Date January 28, 2021 11:04 PM
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[1]Alexandria Ocasio-Cortez for Congress



The Wall Street elite are in a frenzy this week after young traders on
Reddit decided to hedge their own bets on the stock market — resulting in
struggling companies like GameStop seeing their stocks skyrocket in value,
and causing massive losses for wealthy investors.

Now — at the insistence of Wall Street — trading platforms like Robinhood
and TD Ameritrade are restricting trades, thereby allowing certain
traders, like hedge fund managers, to keep buying and selling normally,
but freezing out all others.

The wealthy and powerful have always claimed our country’s free market is
the cornerstone of the American Dream. Well, if it is then everyone should
be allowed to participate.

[ [link removed] ]If you agree, add your name asking Congress to open an investigation
into Robinhood and others’ decision to freeze trading for retail
investors.

[ [link removed] ]Sign now

Apparently, it’s okay for Wall Street to treat our economy as a casino,
but when average people on a message board decide to do the same, they’re
freezed out?

We don’t think so. That’s why we’re calling on the Congressional Committee
of Financial Services to open an investigation into Robinhood and other
retail trading platforms’ decision to block retail investors while hedge
funds are able to keep trading freely.

For decades Wall Street has been doing exactly what these new traders are
doing, but now that others outside of the circle of wealth have access —
it’s a problem.

The “market” was so quick to act when billionaires started losing their
money, but when those same billionaires cause recessions and millions lose
their homes, no one bats an eye.

[ [link removed] ]It’s time that Wall Street is held accountable. Add your name to ask
Congress to open an investigation into the decision to freeze retail
traders out of the market.

Thank you,

Team AOC

P.S. Alexandria will be hopping on Twitch at 8:30pm ET/5:30 PT tonight to
discuss today’s developments with GameStop. [ [link removed] ]Click here to join.


 


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PAID FOR BY ALEXANDRIA OCASIO-CORTEZ FOR CONGRESS
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