Given the opportunity to be intelligent they are still dumb

AOC and Rashida Tlaib had the opportunity to ask intelligent questions and ended up looking too stupid to be taken seriously.

Rep. Rashida Tlaib (D-MI) said, “To many of my residents, the stock market is simply a casino for the rich whose gambling hurts pension and retirement funds. And when you all screw up, the people end up paying the tab through losses or bailouts.” Tlaib then asked Griffin about Citadel’s lobbyists opposing a Wall Street transaction tax, before interrupting him to say, “Let’s not gaslight the American people. Y’all be fine with the tax.”

Alexandria Ocasio-Cortez (D-NY) zeroed in on Robinhood, telling Tenev that the decisions his company made harmed his customers. She took aim at Robinhood’s “payment for order flow” business model, which allows the free app to receive payments from market makers like Citadel for routing trades to them.

“Mr. Tenev, would you be willing to commit today to voluntarily pass on the proceeds from the payment for order flow to Robinhood customers?” Ocasio-Cortez asked.

Robin Hood threatens their class warfare narratives. RH has given poor, less money-savvy Americans the opportunity to tap into the stock market–for free. They start with 1 free stock just by joining, and can invest as little as $5 if they want to. That’s lottery ticket money for the day, or a pack of Newports. To carry on with this class-envy bellyaching when Robin Hood has literally made the mechanism as cheap as possible, and freely provides solid research information for investors, is to choose to continue living in ignorance. I guess victimhood pays more these days.