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The eight congressmen: Tom Emmer (R-MN) Warren Davidson (R-OH) Byron Donalds (R-FL) Ted Budd (R-NC) Josh Gottheimer (D-NJ) Jake Auchincloss (D-MA) Ritchie Torres (D-NY) Darren Soto (D-FL) The signed letter: https://emmer.house.gov/_cache/files/0/c/0c7fc863-7916-4b19-...
How much was donated to them versus other senators?
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>EDIT: lol heaven forbid you propose smaller government with legitimate facts on HN lest you get downvoted How would smaller government have helped the FTX situation rather than make things like that much more common and worse? >The fact that the greatest investor in the US is Nancy Pelosi, AND she actively prevented legislation limiting insider trading by US Congress Members, should tell you that the government is n…
What FTX situation? I have not given a cent to FTX, my kids have not given a cent to FTX, nobody I personally know have lost anything with FTX. More regulation (which in this case I don’t need) will cost me money spent to enable and enforce it.
Now, exactly what regulations we need to prevent companies from spending customers’ money on executive homes? All regulation you need to prevent this is on the books for some hundred years.
In March . And not FTX specifically, but crypto in general. So, as d1str0 said, yes, very inflamatory (and misleading) headline.
The headline is still accurate, as stopping SEC inquiry in crypto would have the same effect.
But in the current situation, the headline reads like these 8 tried to stop an inquiry specifically into FTX after the collapse, which is totally not what happened.
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Now, I understand that there are very valid logical supporting arguments for small government, but let me get this straight: In a situation where massive fraud was committed by a corporation because the government inaccurately blocked government oversight, your solution is to decrease the size of the government... presumably meaning the oversight never would have been attempted in the first place. Crypto is exactly w…
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Their parties should kick them out and replace them with more principled people.
This comment makes no sense in the context of America. I guess you're from a country with some sort of Parliamentary system where governments are formed when a party is elected? In America, parties aren't elected and don't form governments. Accordingly, an American political party cannot kick out a congressman, much less replace one. To remove a congressman requires a two third vote (from congress, not from a politic…
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Now, I understand that there are very valid logical supporting arguments for small government, but let me get this straight: In a situation where massive fraud was committed by a corporation because the government inaccurately blocked government oversight, your solution is to decrease the size of the government... presumably meaning the oversight never would have been attempted in the first place. Crypto is exactly w…
>the advocacy of a small government is exactly _more_ situations like FTX. Arguably not true. The presence of large government and pervasive regulation may behave like the bike helmet paradox (Where cyclists feel they are able to take more risk while wearing a helmet, and motorists drive more carefully around helmet-less riders). Smaller gov in this case may lead to individuals feeling less like the government has ve…
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>EDIT: lol heaven forbid you propose smaller government with legitimate facts on HN lest you get downvoted How would smaller government have helped the FTX situation rather than make things like that much more common and worse? >The fact that the greatest investor in the US is Nancy Pelosi, AND she actively prevented legislation limiting insider trading by US Congress Members, should tell you that the government is n…
> How would smaller government have helped the FTX situation rather than make things like that much more common and worse? What FTX situation? I have not given a cent to FTX, my kids have not given a cent to FTX, nobody I personally know have lost anything with FTX. More regulation (which in this case I don’t need) will cost me money spent to enable and enforce it. Now, exactly what regulations we need to prevent com…
"Empathy is the capacity to understand or feel what another person is experiencing from within their frame of reference, that is, the capacity to place oneself in another's position." [0]
Meanwhile, SBF is still not in jail and on the contrary even invited to speak: https://twitter.com/andrewrsorkin/status/1595517635441090565