Here's a fun fact for you, guys, 80 to 95 of retail investors that ever stepped into the stock market lose money. That's a that's a scary, freaking statistic and here's something that really freaking grinds my gears that i got to make a video about, and i'm going to talk about it here today, which is the conversation between representative david scott and gary gensler that has taken freaking, reddit And twitter by storm, because there is very clearly a party that is wrong here, and i want to be able to talk about that so before we get into it. What is up everybody from the choice? Trades? We freaking talk fast and don't skip class. I got ta promise my saying: i'm not a friend advisor expert, so take what you say: the greatest salt, let's get into the video.

So today, my friends, my family, my fellow girly gang. I want to talk about how freaking goofy this standpoint is that you've got representative david scott on right now, right, i'm actually going to watch this video, it's about two and a half minutes, and i'm gon na have my opinions here after the video and then i Wan na show you some information about david scott and his stances, some of the things that he's done in life. I'm actually gon na. Also, leave you a phone number if you'd like to have a conversation with uh, maybe one of his employees, because they are potentially going to be passing some sort of bill at least asking a question about a bill to punish retail money for utilizing tools like social Media and reddit to have conversations to level the playing field very similar to what you see.

Uh happen at these big freaking, these ideas, dinners and gary gensler. I don't think he's on board with this guy either, but nonetheless, let's watch this video and you guys can make that decision for yourselves chairman. I want to get to this other question because it's so important too and much has been made about game, stock and reddick, and robin hood and all of that, what you can do to protect investors, protect our security system and then. Secondly, what can and must congress do to stop this, put punitive measures, making it a felony.

We got to get tough so that we can protect. Our financial system is the heart and soul, and within that it is our investment, our stock markets, that must be held away from this mess. So what can we do? What can congress do to put some strong punitive measures in to stop this fraudulent behavior with our social media? Here's something that i have to say before. We continue on this video notice, one thing that he said right.

He said they want to protect investors from social media and reddick good ol reddick baby. I love my reddick. That's where i get all my freaking dd go. Oh baby reddick.

I love it and what that is implying is that retail investors are not. The investors he's worried about right now. Keep this in mind. I want you to ask yourself a question.

Have you ever wondered to yourself why 85 to 80 to 95 percent of investors, retail investors lose money in the stock market? Meanwhile, you've got big banks who, on most days, do not right. They'll lose maybe 10 days out of the year. Ask yourself that question right. People will blame it on freaking uh, their penny stocks, they'll blame it on gambling, addictions they'll blame it on not doing the research, but the meanwhile they're not asking this question right.

Why? Why is retail being pointed out as if they're stupid, but you've got these big banks who are doing it better? You really think you're that much smarter than you. You really think that i do not to me. That is the exact same thing as pointing at freaking. Poor people and immigrants and saying they're the problem within the us economy.

It's just absolute nonsense. It's an out it's a way of essentially shifting blame away from the true problem, which is finding the focal reason why retail investors are losing money, that's likely because they don't control the majority of the wealth within the stock market. The system's built to keep people down. I'm telling you right, this guy is saying clear as day.

Individual retail investors are causing problems for investors. That implies something you need to keep that in the back of your mind, watching the rest of this video well um, the gamestop events raised numerous issues, some of which are uh uh in the plumbing and the infrastructure of clearinghouses, but you're at another level about uh About whether there there was uh things that congress could do to address uh the challenges there, what we're doing at the sec is three or four different projects. The plumbing, which i talked about the clearing trying to shorten the clearing cycles. Two is we put out for comment uh for the public to weigh in on use of digital engagement practices and three, obviously, no.

My time is getting short here, but i do so him cutting off gary gensler guys. He was on point two out of four answering the exact question that representative david scott had asked him right. He said hey, what is your plan in order to take care of the problems that you see within the stock market? Right now stops them in the middle of number two right. So it's very obvious at this point in the video that this guy has a clear agenda which, whether he likes it or not, does not line up with gary gensler.

He's just got this sort of freaking vendetta against retail investors, who apparently make money on gamestop and amc right, no matter what this guy says, it's not going to be satisfied because to me this man is part of the corruption and the problem within the u.s stock Market he's one of these freaking representatives he's one of these big wigs. That's a part of the freaking government. That's trying to keep you people down and we've got to continue to talk about this sort of stuff, because that is how you make real freaking change. Now this is the part - that's really disgusting to me.

I want to say this chairman. I have asked my staff to begin putting together a bill that we can have strong enforcement powers, put fines in put jail sentences in make it tough. So we can will not allow these social media platforms to abuse the basic foundation of our great nation rest in our stocking you and i don't study that to get further ideas. Thank you, madam chairman, did you guys see gary gensler's face? You got to rewind it.

He keeps going on this freaking spiel about who retails the problem. They need jail time, they need felonies, they need, they need to be fined and get that smurf. Yeah. Sure sure, retail money is the problem, even though 80 to 95 of you guys are losing anyways because of the corrupt and freaking destroyed system that we've been running on, for who knows how freaking long right - and i think it is important to ask yourself questions right And that's the one that i ask myself is: how is retail money losing 80 to 95 of the time, while you have the big guys on wall street, who are supposedly so much smarter than us and i'll tell you what they really are, not winning the majority Of the time - and that comes down to ultimately the way the system is built - and this guy wants to keep that system intact because he makes money that way now.

I also want you to to get a background on this on this guy right. So i pulled this up and thank you to unusual whales for making this happen, but check this out representative david scott who's going to find jail. Retail investors for using social media to protect the market has previously received 118 000 from commercial banks. 117 500 from insurance.

100: 1 500 from investment wall street packs right he's also been voted as one of the top 25 most corrupt politicians in the united states congress check this out he's a corrupt american politician and businessman who served as the u.s representative of georgia's 13th congressional district since 2003, he has also had some problems with uh some some finances right, representative scott's finances question. This is back in 2007., david scott's life appears in perfect daughter, a self-made businessman and married into iconic atlanta family. However, you've got this problem. Close look at his personal uh campaign of business finances all reveals a tangled level loans, debt, more than 182 thousand dollars in unpaid taxes of his political and private funds, including more than 643 thousand dollars in campaign payments to his family, their companies and its employees.

I'll tell you what this guy is frustrating to me, because he is trying to pick with the little guy. The retail investors say that we are the problem in the stock market, one for the first time and what i feel like is forever you've got people winning where you've got the freaking stupid big fat pigs by their nut. Sacks squeezing the freaking crap out of him and picking the hairs off well he's just he's not liking it right. This is as simple as it gets.

He does not like to see retail win for what seems like a rarity, a very, very rare scarcity. Man i mean the statistics are just what they are. Most people lose money while the people at the top win, and it's not because you guys are gambling addicts. It's not because you guys are playing penny stocks.

It's not because of xyz xyz xyz. It's because of the way the system's built, i mean think about this, the big guys at the top institutions. Do you think these guys aren't gamblionics? Do you think these guys aren't playing penny stocks? You think they're really that much different than you. The only difference, man is two things: they're tools, three things their tools, how much money they're playing with and their connections, because all three of those things guys ultimately shape the stock market and the way that they freaking literally move.

You know what do you want to know what price discovery is price discovery is basic supply and demand, but when that gets thrown out the window, because you've got things like dark pools and naked short selling and payment for order flow, which is literally imbalancing the supply And demand towards the guys with the most money you've got a problem right: it's not you guys that are the problem, they're the problem causing these sort of things, and i want to give you guys this as an opportunity to contact david scott if you're interested in Doing that i don't carry it one way or another right, but i'll tell you what this is frustrating to me and if this is something that's going to impact your life, this is the way you can make a difference. You can call these phone numbers, you can file a complaint, you can talk to people, you can do what you got to do right, because i think that is some absolute freaking nonsense, and this is the exact sort of problem that within the stock market, creates divide. It creates a wealth gap and it scares people away from ever wanting to touch anything to do with u.s securities and that's what i've got for this video, so blah blah blah you don't spill drop like consider, subscribing everyone through my friends catch on the next one. Much love light taps and peace.