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The insider trading suspicions looming over Trump's presidency

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11–20 of 170 posts

Re: The insider trading suspicions looming over Trump's presidency

#11
post #3

Why bother reporting this - it's obviously happening and it's obvious that nothing is going to happen about it.

Nothing will happen until the mid terms or 2028.

This administration highlights why the pardon provisions of the constitution need amendment.

Re: The insider trading suspicions looming over Trump's presidency

#13

Given the scope of all government officials it should just be the case that you cannot trade individual equities, stocks or have any outside investments wholesale. Otherwise how could you stop it? It’s not like when you work at big co and you just stop trading their stock. You get access to information that clearly will be material potentially months in advance.

How about we start with congress and see how that goes? Been a point of discussion for a long, long time and politicians do not seem to be interested in regulating themselves at all.

Yeah. Lots of problems. If I could only get three wishes I’d choose implementation of score voting for presidential election and congress, introduction of recall votes and introduction of national ballot questions.

Those should fix most of the problems with time.

Re: The insider trading suspicions looming over Trump's presidency

#16

[flagged]

What does that have to do with the Trump admin?

I imagine it's because she's in the opposition and has been doing this for a long time with the justification "We are a free market economy. They should be able to participate in that" https://apnews.com/article/business-nancy-pelosi-congress-86...

So it's worthwhile to note that both major political parties believe this is acceptable.

Re: The insider trading suspicions looming over Trump's presidency

#17

Earlier quoted context omitted.

Why does making this rule matter? The pardon makes it all irrelevant.

My hot take is that the presidential pardon will be eliminated in our lifetime.

I suspect in the aftermath of this administration, the power of the President as a whole is going to be massively stripped back.

Re: The insider trading suspicions looming over Trump's presidency

#18

Earlier quoted context omitted.

My hot take is that the presidential pardon will be eliminated in our lifetime.

I suspect in the aftermath of this administration, the power of the President as a whole is going to be massively stripped back.

I think it'll be interesting to see what the consequences are. In India, it used to be (I haven't lived there in decades) pretty par for the course for a new party to come into power and jail all the previous party's heads for corruption and then when it yoyos over the inverse would happen. That would be a worse outcome for the US, I think. It would stall any significant action from the government.

Re: The insider trading suspicions looming over Trump's presidency

#19

Earlier quoted context omitted.

My hot take is that the presidential pardon will be eliminated in our lifetime.

I suspect in the aftermath of this administration, the power of the President as a whole is going to be massively stripped back.

Has not happened after other catastrophic administrations. Each party likes the power when they get hold of it.

Re: The insider trading suspicions looming over Trump's presidency

#20
post #5

Despite the apathy of Americans, I continue to have hope that there will be consequences for all recent and past actions. It's unfortunate that recent events are only the tip of the iceberg, too many to even remember.

What were the consequences after 2008 financial crisis?
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