Timcast IRL · February 2, 2021 · 2h 0m
Timcast IRL #214 - Wall Street FORCED Robinhood To Shut Down trading, The Game Is Rigged And Media LYING
Episode Recap
Timcast IRL episode 214, recorded on February 2, 2021, featured Tim Pool and co-host Ian Crossland discussing the controversial GameStop stock situation and Robinhood's decision to restrict trading. Tim opened the show by exposing mainstream media's coordination to suppress the Reddit-driven stock movement, noting that the top post on Reddit was actually warning people not to buy silver, directly contradicting headlines from Bloomberg, The Wall Street Journal, and The New York Times. The hosts then delved into the NSCC (National Securities Clearing Corporation), a private subsidiary of the DTCC, which allegedly forced Robinhood to deposit $3 billion (later negotiated to $700 million) as collateral before allowing continued trading on GameStop and related stocks. Tim emphasized this demonstrated how the system shuts down retail investors the moment they start winning. The conversation expanded to cover multiple news stories including unrest in Rochester after police pepper sprayed a nine-year-old girl, a SWAT raid on the Red Lion Hotel occupied by left-wing activists, and China's threats regarding Taiwanese independence. Ian provided analysis on the convoluted nature of financial regulatory bodies, noting entities like the Federal Reserve and DTCC are technically private organizations despite their official-sounding names. The hosts also touched on Google's role in amplifying misleading financial news about silver.
TL;DR
- →Tim Pool exposed mainstream media coordination to suppress Reddit's GameStop movement, showing how top Reddit posts contradicted Bloomberg, WSJ, and NYT headlines about silver
- →NSCC (a private DTCC subsidiary) forced Robinhood to deposit $3 billion (later $700 million) before allowing continued trading on restricted stocks
- →The hosts discussed how retail investors get shut out of markets the moment they start winning against institutional players
- →Multiple news stories covered including Rochester unrest over police pepper spraying a 9-year-old, SWAT raid on occupied Red Lion Hotel, and China's Taiwan threats
- →Ian Crossland explained how entities like the Federal Reserve and NSCC are technically private despite federal-sounding names, designed to be convoluted
- →Safe and Ready Meals emergency food supply was promoted as sponsor during winter storm conditions on the East Coast
Key Moments
- 0:00Opening and Media ExposureTim opens by exposing mainstream media coordination to lie about Reddit and silver, showing Reddit's actual top post was warning against silver
- 1:16NSCC and Robinhood ExposéTim reveals the NSCC forced Robinhood to deposit $3 billion in collateral to continue trading, effectively shutting down retail investors
- 2:21News RoundupCoverage of Rochester unrest, Red Lion Hotel SWAT raid, and China's Taiwan threats
- 3:06Federal Entities DiscussionIan explains the convoluted nature of financial regulatory bodies being private entities with federal names
- 4:31Sponsor SegmentSafe and Ready Meals emergency food supply promotion during winter storm conditions
Notable Quotes
“The number one post on the entire website, not just Wall Street bets, is don't buy silver.”
— Tim Pool · opening segment exposing media lies about Reddit and silver
“When you finally find a way to win, they shut you down.”
— Tim Pool · main discussion about NSCC forcing Robinhood to halt trading
“It's convoluted on purpose.”
— Ian Crossland · explaining why financial regulatory entities have confusing private/government structures
“Here's every mainstream outlet you know and trust lying to your face.”
— Tim Pool · pointing out coordinated media disinformation campaign
“It's a private entity. No, and I think at some point it would be fair to make it illegal to call your company federal anything.”
— Ian Crossland · critiquing entities like Federal Reserve that use federal in name while being private