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AOC considering hearing over RobinhoodApp decision to block purchasers of GME

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Re: AOC considering hearing over RobinhoodApp decision to block purchasers of GME

#71
post #66

I hope she doesn’t get involved much. Her inquiries are less about fact finding and more about owning the corps because capitalism is bad. This will just become a stupid political grandstanding forum.

Objectively speaking, capitalism is quite bad for a lot of people. Might be one of the best systems we've ever came up with, it's still quite bad and needs some fixing.

But that’s irrelevant for a case on possible corruption.

Re: AOC considering hearing over RobinhoodApp decision to block purchasers of GME

#72

Earlier quoted context omitted.

How does that tweet make you think she is fighting for you and not just for publicity?

Why would it make me think any different? She's right.

Because she’s been there for quite some time now and achieved very little legislatively.

The extreme grandstanding for her Twitter followers got her boxed out by her own party. She’s now just the lady with the socialist hot take for the evening news without any real means to change anything.

Re: AOC considering hearing over RobinhoodApp decision to block purchasers of GME

#73
post #62

Earlier quoted context omitted.

It looks like on their pro product $1 is the minimum , so most retail trades would be $1 but not well under that. Their “lite” offering is free but subsidized by PFOF.

Look here: https://www.interactivebrokers.com/en/index.php?f=1590&p=sto... USD 0.0035 / share, min $0.35 / trade.

Thanks, you're right. I was looking at their "fixed" price structure, I wasn't aware that "tiered" was an option. You've actually changed my mind on this; eliminating PFOF wouldn't be as bad for retail customers as I initially thought.

Re: AOC considering hearing over RobinhoodApp decision to block purchasers of GME

#74

Earlier quoted context omitted.

Why would it make me think any different? She's right.

Because she’s been there for quite some time now and achieved very little legislatively. The extreme grandstanding for her Twitter followers got her boxed out by her own party. She’s now just the lady with the socialist hot take for the evening news without any real means to change anything.

She's still a house representative, being known at all is a massive first step in such a large body.

She's also just survived her first election as an incumbent. Two years in the house as a freshman with a Senate and president that would block everything anyway is not a time scale where you can reasonably expect to have massive legislation passed.

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