11–20 of 21 posts
Earlier quoted context omitted.
These people are incredibly smart, but also incredibly selfish. Smart != morality.
Didn't know that owning stock makes you selfish but k.
If everything has a price, the potential to receive that price without much risk encourages your selfishness. Owning stock while being able to make policies that can immediately affect that stock incentivizes selfishness.
Politicians are not suppose to be in the game of maximizing their personal profits.
Nancy Pelosi's thoughts on trading stocks: https://www.youtube.com/watch?v=f7OLtVTs0eI Rules for thee, not for me.
Anyone that thought having a choice between 2 parties is really a choice at all is blind.
Earlier quoted context omitted.
These people are incredibly smart, but also incredibly selfish. Smart != morality.
Didn't know that owning stock makes you selfish but k.
Nancy Pelosi's thoughts on trading stocks: https://www.youtube.com/watch?v=f7OLtVTs0eI Rules for thee, not for me.
Many times I think how to arbitrage and profit from any situation. I am envy that certian people can, and I cannot! What can I do to deserve same humane treatment?
I propose to setup a Nancy Fund.
We pool our money and give it to her for management. She makes say 1000% guaranteed profit by insider trading, and by manipulating the stock prices by issuing appropriate legislation. This is all legal, as a part of the governmental framework.
Of course she can take hefty management fees -- I do not mind. My risk-free net profit will be still better than any other investment!
It can become huge -- anybody can invest and everyone will get rich.
For further scaling other members of congress can be utilized also. Just make sure they do not issuing contradicting laws and policies, else this would cancel our profits.
How about this?
That's better than banning trades IMO.
Nancy Pelosi's thoughts on trading stocks: https://www.youtube.com/watch?v=f7OLtVTs0eI Rules for thee, not for me.
> Rules for thee, not for me. Many times I think how to arbitrage and profit from any situation. I am envy that certian people can, and I cannot! What can I do to deserve same humane treatment? I propose to setup a Nancy Fund. We pool our money and give it to her for management. She makes say 1000% guaranteed profit by insider trading, and by manipulating the stock prices by issuing appropriate legislation. This is a…
Kind of a misleading title. The $200 fine is specifically a late fee for filing a report more slowly than the 30-45 day window after a trade is made. The punishments for insider trading, although I don't think they've ever been handed out since the STOCK Act passed, are much more severe.
Kind of a misleading title. The $200 fine is specifically a late fee for filing a report more slowly than the 30-45 day window after a trade is made. The punishments for insider trading, although I don't think they've ever been handed out since the STOCK Act passed, are much more severe.
But that $200 only covers one STOCK Act violation, per guidance from the House Ethics Committee – and Malinowski has broken the law multiple times."
https://www.nrcc.org/2021/12/15/malinowski-will-pay-for-his-...