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Howie Carr Rips Bloomberg TV For GameStop Stock Controversy Coverage

Carr took particular issue with Bloomberg TV and played a clip comparing Reddit investors to those who rioted on the U.S. Capitol on January 6th.

Jacob Conley

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Conservative talk show host Howie Carr did not hold back Thursday on The Howie Carr Show when he lashed out at the hedge fund managers trying to control the stock market and the media portrayal of recent events involving video game retailer GameStop.

“The so called ‘basket of deplorables’ have figured out how to beat the system and Wall Street and the media don’t like it,” Carr said.

Carr made his comments after users of the popular website Reddit bought stock in GameStop, after big investors on Wall Street speculated that the company’s stock prices would continue to drop.

“You have to love this story,” Carr said. “(Hedge Fund) Melvin Capital basically bet that GameStop prices would continue to drop and they would buy in at about six dollars a share. The normal people saw this as a chance to get their revenge. Now they (Melvin Capital) have to pay about 341 dollars a share. The big guys lost their shirts and I love it.”

What Carr didn’t love was the media coverage of the event.

“This is how left-winger George Soros made his money but because he works to elect liberal politicians it’s great. When regular people, many of whom I would guess are Trump supporters, do it, it has to be stopped. They (the media) act like it is the end of the world.”

Carr took particular issue with Bloomberg TV and played a clip comparing Reddit investors to those who rioted on the U.S. Capitol on January 6th.  The clip says that the Reddit users were a “ mishmash of angry and frustrated people who have developed a mob mentality, just like the Capitol rioters”.

“That’s just ridiculous,” Carr complained. “From now on, every supposed tragedy is going to be compared to the Capitol Riots. It has somehow become worse than 9/11, Pearl Harbor and The Civil War. I thought we were supposed to celebrate diversity, but when people do something the media doesn’t like, it’s no longer a diverse group of people, it’s called a mishmash.”

Carr also criticized Wall Street and day trading apps, like Robinhood, for temporarily halting trading of GameStop shares to limit the losses of big time investors. According to CNBC, while the exact losses are not known, Melvin Capital has had an infusion of 3 billion dollars to “shore up financial stability”. As of Friday morning though According to The Wall Street Journal, trading of GameStop stock has resumed both on Wall Street and online.

Carr used a sports analogy to make a comparison.

“It’s like one football team who is supposed to win, but they are losing 28-0 at halftime. So the officials step in and change the rules and make each touchdown three points instead of seven so the team that is losing won’t be behind by so much,” Carr said. “It’s censorship of the market, just like censoring Twitter. I thought liberals liked the average guy, the 99 percent, but I guess not.”

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Ben Shapiro: Donald Trump Endorsing People Doesn’t Carry a Lot of Power

During his show on Wednesday, Shapiro said Trump may hold power over the Republican party but when it comes to local political races, there are other factors at play.

Ryan Hedrick

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AFP/Getty Images/Jason Kempin

Syndicated radio host and author Ben Shapiro suggested that an endorsement from former President Donald Trump is not the golden ticket it’s portrayed to be.

During his show on Wednesday, Shapiro said Trump may hold power over the Republican party but when it comes to local political races, there are other factors at play.

“So, there’s a difference between Donald Trump endorsing a person, which I don’t think has a lot of power. And Donald Trump is destroying people,” Shapiro said via Mediate.

“He (Trump) actually talked about how Brian Kemp was terrible and horrible and no good and very bad. And Brian Kemp won because he had earned the loyalty of the Republican voting base in Georgia, despite Trump’s anger at Brian Kemp.”

Shapiro concluded that “Trump does not have the sort of stranglehold the media thinks he has on the Republican Party.” 

Recently, Pennsylvania Senate candidate Dr. Mehmet Oz is one Trump-endorsed candidate that has backed away from the former president.

An Axios analysis of Oz’s social media and campaign website uncovered that the Republican candidate is no longer lauding his Trump endorsement ahead of the midterm elections this fall.

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Longtime WIBC News Anchor Retires After Nearly 30 Years

Stan Lehr is calling it quits with his final day coming July 1.

Ryan Hedrick

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Longtime WIBC-FM news anchor Stan Lehr is calling it quits after nearly 30 years behind the microphone. The Indianapolis Star reports that Lehr’s last day will be July 1. 

WIBC is owned by Emmis Communications who last week announced a move to sell its Indianapolis radio properties to Maryland-based Radio One. Lehr’s retirement reportedly had nothing to do with the news of the impending sale. 

“This will bring to an end a long chapter in the station’s history,” WIBC News Director Chris Davis wrote in his email. “His reputation as a stickler has been widely-known in the industry for decades.” 

Davis described Lehr as a “stickler” who never wanted recognition for his work. 

“Instead, he made it clear to all who work or have worked with him that strong writing, accuracy, and excellence in delivery are the best ways to serve the listeners,” added Davis. 

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WWL, FEMA Unveiling New Emergency Broadcast Studio

The news conference will occur at 9 a.m. CT, leading to official remarks, Q&A, a tour of the facility, and a live demonstration at the WWL PEP station emergency studio. 

Eduardo Razo

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FEMA and Audacy’s WWL-AM/FM will present the unveiling of an all-hazards upgrade to the “Primary Entry Point” facility on June 28th. 

The news conference will occur at 9 a.m. CT, leading to official remarks, Q&A, a tour of the facility, and a live demonstration at the WWL PEP station emergency studio. 

Some of the speakers at the event will include Erik Hooks, Deputy Administrator, FEMA, and Kevin Cassidy, Senior Vice-President, Market Manager, Audacy-WWL. 

“The modernization to the emergency studio increases WWL’s resiliency to continue broadcasting under all conditions, including natural disasters and acts of terrorism,” the statement said which Barrett News Media obtained. “This facility is one of 77 across the country that serve as a National Public Warning System Primary Entry Point (PEP) station, participating with FEMA to provide emergency alert and warning information to the public before, during and after incidents and disasters.”

“WWL is the 15th radio station in the country to work with FEMA to complete the all-hazards upgrade, which includes increased sheltering capabilities, expanded broadcast capacity, and sustainable power generation for all types of hazardous events.”

Anyone attending the event will arrive at check-in 15 minutes before the press conference starts.

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