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Members of Congress trading stocks is insider trading

Plain and simple

Ban congress people from trading stocks, as simple as that 🤷 If they want to trade stocks, don't go into f-ing congress

A toddler even understands this

in reply to stux⚡️

A Toddler has a moral compass which politicians, on the whole do not.
in reply to stux⚡️

Governing a country should comes with LESS privileges, not more

You are an example, ACT LIKE IT

Otherwise get the f out of the way for people who will

We the people are the bosses of people in government, remember that!

/end daily politician rand

in reply to stux⚡️

Bonus toot..

Don't feel sorry for members of Congress for a second btw

They act like they are poor bastards who ONLY earn about 175K (!!). about 3 times the average of the US household

A lot of people who kill for that income and I'm pretty sure the average American works a LOT HARDER then Congress

in reply to stux⚡️

my 30 year-old daughter finally, after long searching, just got a full-time job that will pay 32k a year. I don't want to hear someone moaning about making ends meet with 174k plus perks.
in reply to stux⚡️

most members of congress actually work damn hard

given how much temptation they are subject to in the form of bribes, both direct and indirect, it would be good to increase their salary, a lot

in reply to stux⚡️

'

It is factually correct to say that most members of the US congress work hard

If you are interested, I can explain this

in reply to stux⚡️

Federal minimum wage is $7.25 but localities can increase this. At 30 hours per week, employers have to offer benefits so they'll design schedules so employees only get 29 hours per week or less. 52 weeks * 29 hours * $7.25 = $10933 per year.

They work much harder than Congress and don't have any sort of vacation

in reply to stux⚡️

I always thought that politicians should be volunteer work.
Edit: If we HAVE to have them.
This entry was edited (6 days ago)
in reply to stux⚡️

"That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, --That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness." - US Declaration of Independence, 1776
in reply to stux⚡️

It’s as though the House Speaker wants us to believe that our representatives have never heard of mutual funds or index funds. Their investments could rise or sink with the nation’s markets more broadly. But that would be too easy. The blatant corruption in prediction markets just highlights the preexisting corruption of insider trading.
in reply to stux⚡️

Insider trading is illegal. We lock up criminals here, don't we?
in reply to stux⚡️

My solution is bigger but... All their net worth goes into a trust that only buys index funds.

They raise all boats or they get nothing.

in reply to stux⚡️

The USA is just one big con now, since they elected a Conman to run the country into the ground.
Terminal decline. 😔
in reply to stux⚡️

congress made Jimmy Carter sell his small _ peanut farm_ to avoid conflicts of interest.
in reply to stux⚡️

Since Vought told the GOP in 2010 not to elect leaders (the quote and source are out there will add if requested), the toddlers are all there in congress following in the footsteps of their higher-up toddlers.