It began on the first of January with multiple stories breaking that then-nominee for Treasury Secretary Janet Yellen was paid exorbitant speaking fees by Wall Street stock firms and banks. This is how now-Secretary Yellen is connected with today’s “Robinhood Scandal” in the Stock market. Its a twisted tale of corruption, money, leverage, social media, a rebelling middle-class, video-games, movies and cell phones.
The #RobinHood scandal reminds me of when millions of Americans organized to flee Facebook & Twitter for Parler—and then a bunch of crooks (Google & Apple) shut it down by pretending that the competition was illegal.
Wall Street & Big Tech are criminal, colluding enterprises.
— Candace Owens (@RealCandaceO) January 28, 2021
What is the Robinhood Scandal?
In the last 72 hours, the stocks of Gamestop (GME), AMC Theaters (AMC), Nokia (NOK) and Blackberry (BB) have been seen their values explode. These stocks were purchased en masse by small-time traders on apps like Robinhood, TD Ameritrade, E-Trade and WeBull. That was until each brokerage firm promptly terminated the ability for their users to buy these stocks under pressure from massive Hedge Fund managers who are hemorrhaging billions of dollars.
What @RobinhoodApp & @TDAmeritrade have done is market manipulation and a BETRAYAL of its users. There is no other way to describe it.
They got Janet Yellen's message.
The People are getting an up-close look at how The System works.
— Young Americans for Liberty (@YALiberty) January 28, 2021
It all began as a call to prop up these popular brands in defiance of massive billionaire hedge funds betting heavily against them on forums like reddit’s r/WallStreetBets, leading to trends on twitter and other platforms. It caught like wildfire and Gamestop saw an increase of over 500% with values soaring well in excess of $300 per share. AMC theaters saw a similar #SaveAMC viral trend occur causing their value to increase ten times over, averting their near bankruptcy.
The downside? About 5,000 Hedge Fund firms who bet against these companies through short positions have lost more than $70 Billion in what can be best described as the blue-collar revenge against Wall Street firms profiting from COVID19. Independent Journalist Tim Pool has called it “The GameStop Rebellion” in his extensive coverage.
About Janet Yellen… Remember Janet?
In the wake of the ongoing titanic struggle on Wall Street and Robinhood and other broker’s outrageous decision to halt purchases of these stocks, the Biden Administration announced:
“Our economic team, including Secretary Yellen and others, are monitoring the situation. It’s a good reminder, though, that the stock market isn’t the only measure of the health of our economy,”
News broke shortly thereafter that Janet Yellen was paid some $800,000 for speeches from Citadel, LLC since 2019. What’s wrong with that?
Citadel pumped $2 Billion into Melvin Capital to cover their short position losses, and Citadel OWNS ROBINHOOD. Coincidentally, Yellen is reported to have been on the phone with the SEC, Wall Street Hedge Fund heads and the Whitehouse constantly for the last two days.
Just got a tip that Citadel reloaded their shorts before they told Robinhood to stop trading $GME.
If this is true, Ken Griffin and the Robinhood founders should be in jail.
This is class warfare.
— Justin Kan (@justinkan) January 28, 2021
2. Subpoena all emails and phone calls between Citadel Securities and Robinhood
— Justin Kan (@justinkan) January 28, 2021
Press Secretary Jen Psaki clumsily dodged questions regarding Yellen’s citadel connections in Press conference earlier today, falling back on a prepared description of Yellen’s connections from a repurposed response to early January questions leading up to her confirmation.
.@PressSec dodges when asked whether @JanetYellen, who was paid $800,000 for Citadel speeches, will recuse herself from advising Biden on the Robinhood/ $GME situation.
Citadel and partners pumped $2 billion into Melvin Capital to stabilize the fund after GameStop stock soared. pic.twitter.com/P3bgboz9Ey
— Washington Examiner (@dcexaminer) January 28, 2021
OANN Correspondent Jack Posobiec took to twitter as well with the Yellen connection. And ZeroHedge has revealed a full list of Yellen’s Wall Street speaking fees since the start of 2019. The connections are irrefutable, and we are now very, very far from “avoiding even the appearance of impropriety”. Something is very wrong here.
GameStop Short Sell Firm Citadel Paid Biden's Treasury Secretary Yellen $MILLIONS https://t.co/P9hTwJP9Al
— Jack Posobiec 🇺🇸 (@JackPosobiec) January 28, 2021
Janet Yellen’s millions in speaking fees from Wall Street pic.twitter.com/6YwCjAwJkH
— Jack Posobiec 🇺🇸 (@JackPosobiec) January 28, 2021
Calls for Investigation, Subpoenas and Resignations
Donald Trump, Jr. and even Project Veritas are now joining outraged calls echoing through social media for investigation into the connections between Robinhood, Citadel, Melvin Capital and Treasury Secretary Yellen and possible illegal collusion between them.
Nearly a century ago, Washington, D.C. was rocked by the “high water-mark” of cabinet corruption on the books: the Teapot Dome Scandal. Even inflation adjusted for dollar value, the “Robinhood scandal” makes Teapot Dome look like a street corner scam. Joe Biden assumed the Presidency only eight days ago, and his could already be the most corrupt administration in American history.
Any Republican in Washington DC worth a damn should be calling for an immediate investigation into Robinhood and Citadel.
And while they're at it, subpoena Janet Yellen & lets find out if there was pressure coming from the Biden Admin to protect their cronies on Wall Streeet!!!
— Donald Trump Jr. (@DonaldJTrumpJr) January 28, 2021
We will be reaching out shortly.
— Melvin Capital Investor Relations (@MelvinCapitalIR) January 28, 2021
