121–130 of 419 posts
People got exactly what they voted for. It would be hilarious, if it wasn't so serious.
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this is such an unserious take. Insider trading is prevalent on both sides. But the brazen daily market manipulation done by this administration is different. If you dont see that you are willingly blind
Why is it good when Democrats insider trade but bad when Republicans take the exact same trades?
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Zero when the president has the power to issue blanket pardons to his family and inner circle. Hell, he might even extend it fully to ICE. There's precedent too since the previous president pardoned his son for all crimes committed over a period of time.
I think the bigger precedent is that he has already blanket pardoned all J6ers.
I'm growing pessimistic that this kind of activity + the egregious presidential-level crypto scams will never see justice. What's the path for that, really?
I think it's likely that they'll see justice in a chaotic way , ie not connected to the specific crime. Most likely outcome is that they make huge paper profits that are then absolutely worthless because the dollar collapses and the property rights that enforce the wealth they gained from these transactions disappear as the government is toppled. Another likely outcome is that they get in the habit of doing criminal…
sorry but this is such a coping mechanism, or doomsday talking. Neither is dollar collapsing nor US government is collapsing, as there has been no evidence whatsoever of any of that even moving towards happening, at least on any meaningfully predictable timescale (i.e. 3-5 years? while even that's rich for predictions). Anything past that is just broken clock being correct.. at some point in time.
What would it take for dollar to "collapse"? What are the exact mechanisms that would be required to start that process?
What is the evidence of US government being "toppled" with layers and layers and layers of diverse (financial, legal, military, political, social, you name it) protections in place? It's the kind of thing preppers like to dream of but it's not happpening in our lifetimes.
When things of that scale happen you see it YEARS in advance in true poverty (as in people starving), in anger (as in people getting increasingly violent) at scale, in mass mobilization of masses actually looking to topple the government. Nobody is working right now to overthrow US government, there were never any organized attempts at that, not even demonstrations of a vector that can once lead there, as in it's simply not happening (sorry you can't in all seriousness put Jan 6 there as that was shocking for US political PR, but shockingly irrelevant for any country that has gone through real upheaval). US is extraordinarily rich even in it's poor version, everyone has everything to lose and nothing meaningful to gain from any "revolution".
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Sure, we should ban all insider trading of any kind; including people in congress which have done this repeatedly without any consequences.
They should be banned from trading or accepting any money whatsoever and be forced to divest from all assets. And then to compensate they should be paid more in terms of salary, even if that salary seems absurdly large it would be less than most of them gain from the insider info they use to make deals. Take the median income, multiply it by 5-10 and thats their salary.
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I am bothered by the fact that many people have just resigned themselves to this state of affairs. Rather they're leaning in to this behavior themselves in small doses, incrementally, believing that having integrity is for suckers.
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>We need a new governance framework in the US. And what does that new framework look like to you?
Not GP, but I think there are a few things that could be done either through a complete re-write of the constitution or through amendments if that process somehow becomes tenable again. 1. Massively increase the size of congress. Modern technology makes this feasible in a way that it wasn't when the size was capped. More congress critters means it's harder to buy off a majority of them. 2. Re-write the first amendmen…
Passionately agree with this!
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For starters, you're not alone in this feeling. A lot of us are very hungry for justice, and a lot of the Trump administrations current tactics are openly grappling with the reality of jailtime and restitution if they lose power. These are unusual times, and so people who are not usually inclined toward retribution are hungry for it. That said, it's hard to reconcile that with the fact that Democrats continue to be t…
The Democratic Party isn’t without its own corruption either. Pelosi is one of the best stock traders ever and there’s a reason why people voted for Trump. The border being open was criminal negligence and this isn’t just a conservative talking point cities like Seattle near the Canadian border were maxed out on services the could provide to migrants. Across the board our politicians are corrupt rule breakers, it doe…
I'm growing pessimistic that this kind of activity + the egregious presidential-level crypto scams will never see justice. What's the path for that, really?
> What's the path for that, really? Record and wait. Justice is slow but has the power of the nation state. Once the leadership of this current government is gone and nobody is around to protect the offenders then its time to swoop in with the records and the justice system. This is why its risky to join corrupt political movements led by old men, because they will use you to break the law, then die and you'll be on…
this is pretty much how things will unfold in USA. Everything that has to happen will happen but very slowly. There is all the evidence supporting that.