BaltimoreTwilightMarauder
Superstar
All these establishment democrats are essentially just liberal Republicans.
Nancy Pelosi on banning trades for members of congress: “It’s a free market”
- Thread starter HimmyHendrix
- Start date
beenz
Rap Guerilla
obviously there’s a big conflict of interest with the people who can set mandates and pass legislation also being allowed to own stocks. But for some reason congress thinks that’s fine.
Insider trading is legal, if you’re a member apparently.
nancy pelosi is also the Mike Jordan of trading btw.
they are all doing insider trading. especially folks like georgia senator kelly loeffler who magically knew to sell positions of all her stocks right before the pandemic hit after being briefed on it. she should be in jail for insider trading. none of them should be allowed to trade stocks while they are setting policies.
MajesticLion
Veteran
I need to pay more attention to south GA.
Worthless Loser
Blackpilled
Old Dems are pretty shytty because they've been in the system too long and are too use to the perks and benefits that comes with the positions of power.
That's not to say young Dems are saints, but they would be more likely to push reforms because they haven't been as tainted by the system as their older counterparts.
That's not to say young Dems are saints, but they would be more likely to push reforms because they haven't been as tainted by the system as their older counterparts.
Scustin Bieburr
Baby baybee baybee UUUGH
This isn't really news to anyone who has been paying close attention. Republicans and democrats have more in common with eachother than they do with you.
Politics in America has been turning into one big moneymaking scheme at the expense of the public. Think about why the fukk a geriatric millionaire isn't just sitting back and enjoying life. If they were actually doing their jobs the stress and pressure would burn them out and they'd relish at the prospect of retirement while they mentor the younger politicians. The median age of a politician in DC would be something like 50, these cats would retire ASAP if they were actually putting in work. Instead of grifting.
The only thing that can fix this is a total political outsider or a radical. We need our own modern FDR. A person who will show up and flip the script. For example when Roosevelt showed up with his economic advisors, people were freaking out because he wasn't bringing in the business geniuses from ivy league schools to advise him on how to fix the depression. But thats exactly one of the things that helped, the fact that he was willing to go against the grain and bring outsiders with unusual ideas into the mix.
Orthodoxy and tradition are the opponents of change and innovation.
Politics in America has been turning into one big moneymaking scheme at the expense of the public. Think about why the fukk a geriatric millionaire isn't just sitting back and enjoying life. If they were actually doing their jobs the stress and pressure would burn them out and they'd relish at the prospect of retirement while they mentor the younger politicians. The median age of a politician in DC would be something like 50, these cats would retire ASAP if they were actually putting in work. Instead of grifting.
The only thing that can fix this is a total political outsider or a radical. We need our own modern FDR. A person who will show up and flip the script. For example when Roosevelt showed up with his economic advisors, people were freaking out because he wasn't bringing in the business geniuses from ivy league schools to advise him on how to fix the depression. But thats exactly one of the things that helped, the fact that he was willing to go against the grain and bring outsiders with unusual ideas into the mix.
Orthodoxy and tradition are the opponents of change and innovation.
Easy to make bread when you make the rules. There was a big story in the Times where the US dropped the ball on a major lithium mine in the Congo and the Chinese snapped it up. Turns out the US has an strategic minerals fund where they lend US mining companies money to get and keep mining contracts for certain minerals. The Trump administration failed to find a US company to make the deal and the chinese benefited.
Any US official could have used that information and invested in the company, actually not the agency that would be in charge of the matchmaking process but certainly the congressman who voted on spending the money could.
The King stay the King.
Youhadasparkwhenustarted
Superstar
There has never been a true left in America only Right and Right. Sometimes I almost hate that identity politics became a hot button issue because being socially left gave dems a pass for being only slightly better or the same on every other issue. They're corporatists with a colorful flag.
Politicians in rich states literally have to sit in a room for hours begging rich nikkas to give to funds that support politicians in poorer states. AOC complained about doing this till her socialist ass was told to raise money to get Cori Bush selected. You think these rich nikkas are just giving moeny away for nothing?
beenz
Rap Guerilla
by definition, a public civil servant job (like a politician) is supposed to be a selfless one.
but these fukkers have got the game all fukked up like they don't work for us. they pass laws that benefit themselves and the big businesses that donate money and keep them in office. its no secret they are all for sale to the highest bidder.
lobbying should be illegal and they should not be allowed to trade securities when they all have inside information.
LeVraiPapi
Redemption is Coming
humminbird
Veteran
You know someone is Rich when they buy millions in call options. You also have to be extremely saavy since options carry premium and risk compared to regular stocks. She probably has some great connects advising her. Regular investors do not have those connects.
