can you believe that? 1,000 guys. >> trevor: hey, everybody, what's going on? i'm trevor noah. this is "the daily social distancing show." and i'm happy to announce that i just completed yet another new year's resolution: that's right, i started journaling! and i gotta say, i think it's during the pandemic and the quarantine. >> all work and no play makes trevor a dull boy. feels like it's really working. anyway, on tonight's show: rich people are being shot into space, wall street tries to stop gamestop, and africa brings democracy to america. plus, the multi-talented regina king is here to talk about her

brand-new movie that's got oscar buzz. so let's do this, people! welcome to "the daily social distancing show." >> announcer: from trevor's couch in new york city to your couch somewhere in the world, this is "the daily social distancing show," with trevor noah." >> trevor: let's kick things off with the coronavirus pandemic. it's the reason you were able to watch "croods 2" on opening day in your bathtub. and now there's actually some good pandemic news for a change. cases in the u.s. are dropping steeply for the first time ever. and the biden administration is purchasing 200 million more vaccine doses and plans to have the entire country vaccinated by the end of summer, which is so exciting. it means i'll be vaccinated just in time for apple picking-- partying! i mean, partying! at, like, the coolest orchards-- i mean clubs. i go to the clubs. you know, i don't pick apples.

and while there are still problems distributing the vaccine, some medical providers are getting creative to make sure that no doses get to waste. >> a snowstorm that snarled traffic in oregon ended up being a blessing in disguise for drivers who ended up being in the right place at the right time. that is because also stranded in that very same storm was a group of healthcare workers who had been administering vaccines. the workers had six doses with them and were worried the doses would go bad before they made it back, so they started giving out vaccines to others. among those who were vaccinated was a sheriff's office employee who had been trying to get to the vaccine site when the storm hit. >> trevor: okay, now that, that's a pretty dope story. imagine being caught in a storm and lucking into a covid vaccine! that is officially the best thing to happen on a road in oregon. i mean, normally when you get stuck out there, you just die of dysentery. and some of the drivers they

asked chose not to be vaccinated. and, honestly, i get that. i mean, if some stranger in a van offers to give me a shot, i would also say no. i learned that lesson when i was a kid. yeah, you can only trick me so many times, mr. barry, you know, my uncle. but i do think there's an important lesson for everyone here: whenever there's a blizzard, get in your car and drive around until you stumble on someone with extra vaccines. and that, my friends, it trevor's safety tip of the day. moving on to travel news. if you're already planning your first post-pandemic vacation, maybe you've been thinking about a flight to paris to visit the museums, or a trip to new york to see broadway, or a trip to narnia, because you don't know that's not a real place. for some real adventure-seekers are planning a more unique getaway. >> and three very rich men will make up the first crew of private citizens to blast off to the international space station.

it will cost each of them $55 million to fly on the spacex rocket and spend eight days in orbiting lab next year. the men were introduced yesterday. they are 70-year-old real estate entrepreneur larry connor of ohio.■ç he will be the second-oldest person to fly in space. the chief executive of a canadian investment firm, mark paddy, will also be part of the crew, as will israeli businessman atan stiba. they will be led by a former nasa astronaut. >> trevor: wow, $55 million for an eight-day vacation. and that doesn't even count the $7 million they had to pay for a checked bag. but it does sound amazing, you know? i mean, part of me wishes i could be up there with them, looking down at the earth at the moment they realize that they spent $55 million to have to catch their poop before it floats away. another question i have is have these people never watched movies in space.

something always goes wrong. and when it does, i don't know if it's going to help to have a real estate entrepreneur on board. ( old man ) "oh, my god! there's a killer alien head towards us. >> let's raise their rent by 7% which is higher than the standard five. that will show it. we're so dead." and, finally, remember three weeks ago when a mob of trump supporters tried to overthrow the government? remember that? wow, that was so random. anyway, investigators are now examining whether parts of the attack were planned in advance by the proud boys. and we don't know yet how investigators are getting their information. but now we learned that at least in the past, one of the proudest boys hasn't been too proud to squeal to the cops. >> we have new details to share with you about the leader of the right-wing group the proud boys. according to court documents obtained by reuters, he was an informant for both the f.b.i. and local police in miami.

it was part of a plea deal he made after a 2012 arrest for fraud. according to court transcripts and a former prosecutor, he the 36-year-old helped with several cases ranging from drugs to human trafficking. you may recall tario was arrested the day that led up to the capitol riot. >> tario denied working with police and said, "i don't recall any of this." >> trevor: are you kidding me right now? the founder of the proud boys is a snitch? man, fascist bigots just aren't as trustworthy as they used to be. this story is insane, people. those dudes just stormed the capitol, and now they're finding out that their leader's got the f.b.i. on speed dial? the next meeting is going to be awkward. item one on the agenda: snitches get stitches. item number two: where are we hosting the annual christmas

party. and i love how he's like, "i don't recall any of this." being an f.b.i. informant isn't the kind of thing you'd forget. it's like being asked if you're a virgin. "am i? let me think... i hung out with that one lady a lot... wait, that was my mom, so that doesn't count." although, to be fair to this guy, i get why someone in a hate group like the proud boys would want to work with the f.b.i. he probably sought them out, like, "hey, i heard your crew tried to kill martin luther king. game recognize game." but let's move on to the big story that everyone is still talking about: the gamestop stock explosion. you know, it's the reason your 14-year-old cousin just bought a ferrari. trader on reddit sent the stock soaring this week causing billions of losses for the hedge fund that bet against the stock. and today, wall street decided enough was enough. >> and this is fox news alert. now, draw your attention to main street, where game stop and a.m.c. shares have been tumbling in trading action today as a

growing number of firms move to halt trading on some stocks boosted by amateur traders on reddit. >> the action is so wild that td ameritrade and robin hood have restricted trading of these stocks. wells fargo also banning its advisers from telling clients to buy or sell gamestop and a.m.c. >> and now the criticism for abandoning their traders here. >> i don't like the move on robin hood. i'm talking to people who said that's anticapitalism. >> a class action complaint was just filed against robin hood. and this is what part of it says-- and i'm quoting-- "purposefully, willfully, and knowingly, robin hood removed the stock g.m.e. gamestop from its trading platform in the midst of an unprecedented stock rise.

thereby, it goes on manipulating the open market. >> trevor: yeah, that's right. wall street was getting rocked so hard by average people buying stock in gamestop that they just stopped average people from buying it. yeah, the same guys who are always like, "the markets must never be regulated, they must always remain free!" those same guys are now like: "oh, shit, the poor people got hold off on the freedom. so thanks to this ban, the gamestop stock that a lot of people bought for a ton of money is worth much less now, which is probably a familiar feeling to anyone who's sold a used game back to gamestop. right now a lot of people are understandably upset about what wall street is doing. in fact, it's bringing together people from all sides. i mean a.o.c., and ted cruz are as far apart as madison and austin and even they're both blasting the robin hood app. even people like ja rul, who tweeted, "yo, this is ( bleep )

what robin hood it doing. do not sell. when the guy who did the fyre festival thinks you're a fraud, that's shady. this story is huge and complicated, so complicated we wanted to bring on someone to talk about it more with us to help you and me understand. early today, i spoke with earlier today, i spoke to doug henwood. he's an expert on the intersection between economics and politics, who hosts the radio show "begind the news" and is the author of "wall street: how it works and for whom." we talked about the gamestop surge and what's really going on behind the curtain. doug henwood, welcome to "the daily social distancing show." >> good to be here from a distance. >> trevor: yes, yes, indeed. it's a perfect time for you to be here. you have really established yourself as somebody who is not just aware of the market and participates in the market but also calls wall street out for what it really is. the biggest story right now is

gamestop, wall street, hedge funds, and just a lot of money that is nowhere and yet everywhere. in the shortest way possible, how would you break this down to somebody who had no idea what was going on? >> most people, most civilians who don't know the markets really well have a sense it's all a big racket, kind of ludicrous, not that different from the casinos. the image that wall street likes-- it's just nonsense. it's not doing any of those things. it does a little of it. but mostly it's just a game to try to outwit your competitors, people on the other side of a trade-- whatever. there's nothing rational. it's driven by emotions, psychology, and fear. and most recently, over the last year or so, by a gusher of something like $3 trillion in federal reserve money, which has been powering the markets. the sense that a lot of people have that this is all a bit of a

racket is complete accurate. >> trevor: it seems like, as you're saying, basically people came into the casino and said,"we're going to play against the house and we're going to make a lot of money." what's interesting here, a market that is oftentimes termed free and capitalistic has now been stopped. you can explain that element? why was it stopped? have these people broken the rules? have they done anything wrong? >> i think there are a couple of things going on. one is the redditors are the wrong kind of people but they're playing the same game wall street does-- getting together, talking up a stock, talking down a stock, trying to figure out the other guy's position. professionals do this all the time. i think it's very funny to hear the professional outrage that this is not moral. it's not fair. the markets are supposed to be on the up and up, and these guys are not playing fair. that's just utter nonsense. they're just the wrong kind of people. i think the other thing is, yeah, they're trying to protect their own.

and robin hood likes to present itself as democratic institution, democratic broker for the masses, who will overturn the wall street order, is deeply plugged into the wall street establishment. that's how they make their money. they feed their orders to established brokers who then make money on those trades by taking a little bit of the price. so yeah, i think they're trying to keep the fences up, make sure the rabble can't crash the party. >> trevor: so two questions. one, what does this tell us about wall street and the market? and, two, what do we do to improve this? because it feels like an unfair system. >> it is an unfair system. it's a deeply unfair system. and one of the things that made me suspicious about all this talk of demott ratizing the stock market is the distribution of income and welis very undemocratic, and there's nothing that a trading platform can do to change that. the fundamentals of society are

not going to change because some people on reddit got to play in the stock market. but what does it tell you about wall street? it is largely of little economic significance. the standard story is that the stock market exists to raise money for productive corporations to invest in capital equipment-- you know, buildings, hire people, do r &d. it does almost none of that. the market really is more about extracting value from companies for shareholders. it's-- it really is a machine for extracting value for the top 1% of society. the ownership of stocks is extremely concentrated. something like 95 of all stocks are owned by the richest 5%. and, you know, a few guys on reddit are really not going to change that fundamental fact. >> trevor: for the people on reddit, for the people who came in that they liked that gamestop got a new c.e.o., the people who actually wanted to invest, the people who said, "i believe in

the future," or "screw the hedge funds," what position are they in now? are they at resk of losing a lot of money now, or are they in a position they made so much if they get out they'll generally be fine. >> you can exit a position. you can't start a new one, which is somewhat reasonable. some people are really going to lose a lot of money. if people who are sensible enough sold into this rally, if you bought it at 50 or 100 and sold at 300 or 350, you're doing pretty fleiss. but i was just looking at the chart for trading in gamestop today, it went from something like 350 to 150 during the course of the day. it's been an utterly crazy, wild ride, none of it making much sense at all. now, i think a lot of people, however, are going to hold on to their positions hoping if it went to 350 it can go to 1,000. on twitter today somebody said to me, 4,000 with eight or 10 rocket emojies afterwards. this is the nature of bubbles.

you know, the larger issue is the entire stock market is in an epic bubble, really one of the great bubbles of all time. the market has only been valuedd this high-- we had a couple of previous times in history, 2000, and at the peak of the dot-com bubble and right before the crash. things like this are a sign that maybe things are just a little frothy. i think there is the sense that when people get-- people who are new to the market get this deeply involved, it's a sign that things are-- are ripening, shall we say. there's this saying on wall street that a bear market is when money returns to its rightful owners. and i think we-- i don't know what's going to set off that bear market. bubbles always go further than you think they could. there's certainly no fashionality to this at all. but at some point, somebody is going to be left holding a very depleted bag. >> trevor: before i let you

go, does the person who is holding the depleted bag determine how the situation is dealt with? so if the big players on wall street, if they're the ones holding the depleted bag, is it going to be dealt with differently from the government versus if the people on the ground are holding the depleted bag? >> oh, absolutely. there's nothing right now that we can see that would require a government bailout. a couple of hedge funds may blow up, but nobody cares. there's no systemic risk around that, much the worse for them. i think if some wall street people are left holding the bag, there may be some bailout. if, you know, larger entities than a few hedge funds run into trouble, we'll have a government bailout. that's always what happens. wall street is quite an amazing game. there's always this attention-- i don't know, every 10, 15 years, they seem to run into a wall, and the government bails them out. they learn that they can get away with anything. there's the famous story about sonny barger, the hell's angel who woke up after a coma from a

motorcycle accident, and the nurse said to to him, "i hope you learned your lesson." he said, "yes, i did. and she said, "what's that?" he said, "i can do anything and survive." that's the attitude wall street cult vates. they can do anything and survive. the only thing that would change anything is if there's enough popular outrage. that said, we need to regulate the casino, seriously. we didn't have that serious a set of reforms after the 2008 financial crisis, all right but not serious. it was not like what happened after 1929-1932. maybe, maybe, maybe, if we see some kind of very serious smash-up, we might finally wake up and have some kind of regulation of this. >> trevor: doug henwood, thank you so much for joining us on the show. i hope to see you again. >> i had a good time, thanks. you can check out doug's radio show "begind the news" wherever you get your podcasts. all right, when we come back, roy wood jr. gets some advice on democracy from africa.

and regina king is still joining us on the show. so don't go away.

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♪♪ ♪♪ ♪♪ ♪♪ "the daily social distancing show." as the past few months have shown, america's government is a lot shakier than it■ç appears. luckily, though, there's a continent that can offer a lot of advice for unstable democracies. roy wood jr. has more. >> okay, so here in america, things have been pretty rough lately. actually, it's been kind of terrible. okay, it's been a damn

nightmare. we actually had an armed cue. how do you come back from that? to find out i sat down with three political scholars, all from africa, where they've actually seen this kind of shit before. >> the problem of democracy, problems dealing with election violence, could actually happen anywhere. it could happen to everyone. and in the context of africa, what has happened, leaders go into exile. >> trump got kicked off of instagram facebook, snapchat-- the exile is happening. he can't even get on etsy. do you know how much of an ashole you have to be to be banned from■ç craft. >> i think there should be substantial punishment. >> crafts! that's right, trump needs real punishment, and i know his supporters are saying, "can't we just let it go? trump's gone. he waved and went on a

helicopter like godzilla going into the sea at the end of the movie. but it turns out letting it go is exactly the wrong thing to do. >> we may think that january 6 may be kind of this critical juncture where the unfathomable has happened, and, therefore, we will do things differently. and that usually doesn't happen. what happens is people will say, "okay, it's time to heal and it's time to forget and move on," and, therefore, never holding people accountable, and never deconstructing the institution that allowed such violations take place. >> that's how you stop racism. you have a terrible moment, and then at a sporting event, you have a moment of silence, and then a month later you act like that shit never happened. >> that is very dangerous, particularly-- >> we put black squares on our instagram. to avoid a coup part deux, america will need a laundry list of constitutional amendments. >> you need a universal voters'

roll. an elections management body. >> built-in systems that are for the people, by the people, working for the people. >> take a look at security institutions, taking a look at the financing of politics. >> that's fine, but we've got to keep the electoral college, right? >> the electoral college exists in order to keep white southerners within the united states by empowering them so much that they would be able to maintain a system of segregation and pseudoslavery. >> the electoral college-- i'm going to push back a little bit. the electoral college was-- actually, the reason the electoral college was-- it's got "college" in it, though, so it sounds smart. i'm sorry, i didn't mean to interrupt you. >> when you're building a house, sometimes you have to gut the house. >> the whole house. maybe just get the property brothers in for a weekend, and

they can knock that out. >> you can try to paint the trim and you can change a countertop, but, ultimately, there needs to be a moment of reckoning. >> damn. sound like this isn't the kind of thing two people on hgtv can fix in an hour. >> the worst fixer-upper we have seen. >> there must be something done right, right? >> the georgia election result was the result of decades of work and political mobilization and constituency building, and so if you replicate the work that created the georgia result all over the united states, then, you know, there's possibly a good foundation to build from. that's the american dream. and the thing about the dream, though, is that you can't lie down and nap and expect it. you need to work if for it. >> yes, i did it, i got to work for the american dream.

i see now how annoying it is for somebody to tell you that. which brings up one question: after all the bullshit america has put african nations through, how good does it feel to look at the tv screen and tell america they need to get their shit together. >> it sounds amazing. what's the german word, freudenschadne. >> democracy is hard, guy. it's not just hard for us. it's hard for you, too. >> well, america, we have our work cut out for us-- sorry, you have your work cut out for you. i have a backup plan. how much for one of those african passports? >> is that what you got out of this conversation. >> which one of you is signal? >> we can organize you an ancestral visa of some kind. >> i'm out. appreciate you all. i'm just going to leave america. that was the easiest thing to

do. that's what i should have done-- why didn't you all just tell me that shit in the first place? i'm gone. >> should we tell him about our local disfunctions as well. >> you should just come home. >> it's very-- >> welcome! >> trevor: thank you so much for that, roy. when we come back, regina king is on the show to tell me about the night that muhammad ali, sam cooke, jim brown, and malcolm x all spent together. you don't want to miss it. ♪

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"the daily social distancing show." earlier today, i spoke with oscar-winning actor regina king she just directed her first feature film, "one night in miami," about the night that muhammad ali, sam cooke, jim brown, and malcolm x spent together. we talked about that and more. >> the new heavyweight champion of the world, boy. >> yhe is! >> oh, my goodness. >> you okay? >> cash, what is... i'm so pretty. >> aah! >> and i'm only 22 years old. there is no way i'm supposed to

be this great. look, alexander the great conquered the whole world at the age of 30, and i conquered the world of boxing at 22, without sustaining so much as a scratch. >> trevor: regina king, welcome to "the daily social distancing show." >> man. hi, trevor. >> trevor: i had, regina. how are you? >> i-- you know, i am-- i am just trying to bend with the wind. wind. >> trevor: right, right. i feel like that's the motto of your life, ever since i've had the pleasure of knowing you from afar as a person, and then being able to stand next to you while you're holding golden awards at awards shows, you have always seemed like somebody who goes, "i'm doing what i can do, defined by the circumstances i'm limited to. but i'm just going to keep doing what i can do." and, man, have you been doing it. >> well, thank you. but, yeah, that is kind of my mantra. i'm just doing my best. >> trevor: doing your best is an understatement, regina. you have an oscar. you have a golden globe.

you have a record four prime-time emmy awards. you are doing more than everyone's best, in my opinion. and now you're stepping into the world of directing in a major way. most people direct-- and we don't know that they're directing. you stepped in and already people are saying, "man, this film could be in the world of oscars" before we talk about the buzz, let's talk about the story "one night in miami." four legends. what did you think that you could tell in this center that would give us, i guess, a reimagining of who all these people are? >> yeah, i think more than anything for me, while we know that this night actually happened, the conversations are imagined by kim powers, who wrote the script, who is an amazing writer. he also cowrote and directed "soul." so he's kind of out there making big things happen. but i think for me, it was that he put conversations that are conversations that black people,

black men have been having for so long into the mouths of these larger-than-life men. >> trevor: right. >> who we know just throughout interviews, that definitely have the opinions that are expressed in our film. so i just-- for me, i was like, wow, to be able to humanize them in a way that they are speaking for so many men. it just-- it was just-- just grabbed me. just jumped out off the page at me. >> trevor: you made a film about people who each have a film about their own lives. that's how powerful and momentous their existence was on this planet, you know. jim brown, sam cooke, muhammad ali, malcolm x, all in one room on one night having a conversation about their visions for the future and the way they see the world and the way they see life. now, i know that this was also a

play. and i know that taking a play and turning it into a film can often be a really daunting task. because a play has everyone there sitting in one place and you don't have to do much because that's the-- you know, the forum. that's the platform. you have to direct to make one space feel like it's going somewhere. talk me through some of those challenges and how you thought about making a movie that doesn't go anywhere, and yet takes us everywhere. >> well i think-- the dialogue was the star of the film to me. and, you know, so kim did all of that heavy lifting. and i just always felt like the right actors, powerful actors who really understood what they were taking on would be half the battle, you know, right there. and then from there, just i wanted to get out of the way of the story, you know. like, sure, i wanted it to be a virginia experience, but not so much, visual experience but not

so much that the camera would distract. so lots of conversations and preparations ahead of time to just allow the dialogue to be the star, and allow everything else to just kind of cradle that dialogue and just allow the audience to sit there in it and be there with these men. >> trevor: one of the things i've truly appreciated about you throughout your career is that you are an ayerst. there's no dedenying that you are also a trailblazer. this movie was the first movie by an african american woman director to get into the venice film festival, which seems crazy. it's 2021 now, but this was the first time that that ever happened. so i'm sure a lot of people looked to you and went, "okay, you're make films for all the black women and you succeed for all black women and you fail for all black women!" how were you able to create creatively without stressing about that burden that you can feel, you know, some sections of society putting on you, whether

it's the media or whoever it may be-- "regina, you do this for every black woman or you fail for every black woman." >> yeah, it's kind of like always a dance because it's very easy to just get consumed with that energy or that narrative. it does exist. i mean, it is true. i mean, we don't get the opportunity for black people to fail up. if we mess up, you know, that's pretty much it. usually, we don't get another chance. so i do... recognize that. and sometimes it does feel like... it feels kind of weighty sometimes. i speak to other people they know feel the same way. but in that, i feel like there's-- god wouldn't have brought me to it if i wasn't going to get through it. i know i that i must have been designed for this moment. so i'm figuring it out along the

way when those anxious moments come. in all actuality, i'm still always getting inspiration from-- from all over. i mean, like, just-- i just got introduced to this 14-year-old girl-- i think her name is kala lovejones, who did her first short and it's in the pan-african film festival, and that is inspiring to me. you know, it's like-- i'm just always... trying to plug in, wherever i can plug in. and pick up some energy to keep the trajectory being an upward one and not lateral. >> trevor: i've said this to you before and i'll say it again-- i don't know how you stay as humble as you are with all the gold trophies you have. i would have all the trophies in my car all the time, and i would just be cutting people off holding trophies out the window if anybody said anything because

you truly are a legend and we are excited for your next chapter of jur journey, which is directing. regina king, thank you for joining us on the show. >> i appreciate you, trevor noah. >> "one night in miami" is available on amazon prime. we'll take a quick break, but

tonight. but before we go, i wanted to remind you that the coronavirus is as bad as it has ever been. and our first responders are out there fighting to save people's lives. now, if you can help these first responders out in any way, then please consider a donation to "first responders first" which offers first-class medical and psychological treatment. until next time, stay safe out there, wear a mask, and remember: money isn't real, so send yours to me and i'll get rid of it for you. now, here it is, your moment of zen. ♪ ♪ ♪

>> the pandemic has driven up unemployment despite the existence of the u.k. government's purl furlough scheme, something yvette and lisa know too well. >> you get passed over for a job opportunity, you think what am i not bringing? what's wrong with me? i am actually looking forward to take your daughter to work day. i am not great with kids. but i wanna get better because i'm getting married. so i put out a bunch of extra candy on my desk so the kids will come talk to me. like the witch in hansel and gretel. bribery. nice. oh, i have more. (michael) it's pam. ms. beasley if you're nasty. janet jackson. hey, you having a wardrobe malfunction, or... you can't be nasty today. oh, god. is that today? i reminded you last night.

listen, i like kids. but this is not a kids environment. this is like hbo. no limits. who knows what i'm gonna say? crazy stuff. and it is r rated. it is not rated g. i am like eddie murphy in raw. and they are trying to make me into eddie murphy in daddy daycare. both great movies, but still. well, i'll be in my office. don't you think you should say something? they're cool. michael, i think that as the boss, you should... fine fine fine fine fine! hi, children. i'm michael scott. and i am in charge of this place. uh, how do i make you understand? i am like superman. and the people who work here are like citizens of gotham city. that's batman. that's batman. okay, i'm aquaman. where does he live, guys? the ocean. i work with a bunch of nerds.