Earlier quoted context omitted.
It really isn't. If your goal was to make investing while in congress less appealing, you'd pass laws, yes, but also pay people more. AoC had made the point before that if you make congressional pay too low, it becomes only feasible for the already-wealthy to maintain a political career. Also note that being a congressperson has weird extra expenses, you usually need to have two homes, one in DC and one in your home…
Because when people pass a certain wealth threshold they just say, "that's enough money, I am satisfied."
Tim Cook called Pelosi to warn her against disrupting the iPhone with antitrust
31–40 of 57 posts
Re: Tim Cook called Pelosi to warn her against disrupting the iPhone with antitrust
#32Earlier quoted context omitted.
I think there are two entirely separate concerns. First, is the salary for Speaker of the House sufficient. Second, isn't it a bit of a coincidence that Pelosi and her husband made 100+ million for themselves investing in stocks through his investment company while she was in Congress? Maybe that's just a coincidence. I don't think we could meaningfully increase salaries. Pelosi is still making money despite having a…
The way to do it is to give a very generous salary and to simultaneously crack down hard on even the appearance of impropriety. Neither is being done right now, and part of the reason is that you can't really do one without the other[1], so you're stuck in a bit of a catch-22. [1] You can't crack down on on public servants questionably but not clearly criminally making money on the side if everyone that's supposed to…
I think we should crack down on even the appearance of corruption in judges, prosecutors, FBI agents, etc. Does that mean we need to pay each of them so much that they are effectively unbribe-able?
Finally, it seems very strange to answer clear-in-aggregate corruption by paying the corrupt more money. I worry that if we aren't able to stem the corruption now, then giving our wealthy and corrupt rulers more money won't really help.
Re: Tim Cook called Pelosi to warn her against disrupting the iPhone with antitrust
#33Earlier quoted context omitted.
The way to do it is to give a very generous salary and to simultaneously crack down hard on even the appearance of impropriety. Neither is being done right now, and part of the reason is that you can't really do one without the other[1], so you're stuck in a bit of a catch-22. [1] You can't crack down on on public servants questionably but not clearly criminally making money on the side if everyone that's supposed to…
I think you can crack down on even the appearance of corruption without paying huge salaries. I don't see why not. The two concerns seem orthogonal to me. I think we should crack down on even the appearance of corruption in judges, prosecutors, FBI agents, etc. Does that mean we need to pay each of them so much that they are effectively unbribe-able? Finally, it seems very strange to answer clear-in-aggregate corrupt…
Sure, go ahead.
Less flippantly: Of course there's no law of physics forbidding it, but I believe the structural dynamics I described make this infeasible. I would be happy to see examples of societies that prove otherwise though.
> Finally, it seems very strange to answer clear-in-aggregate corruption by paying the corrupt more money.
Yes it is, which is why that's not really feasible either. Hence the catch-22.
Re: Tim Cook called Pelosi to warn her against disrupting the iPhone with antitrust
#34Earlier quoted context omitted.
I think there are two entirely separate concerns. First, is the salary for Speaker of the House sufficient. Second, isn't it a bit of a coincidence that Pelosi and her husband made 100+ million for themselves investing in stocks through his investment company while she was in Congress? Maybe that's just a coincidence. I don't think we could meaningfully increase salaries. Pelosi is still making money despite having a…
The way to do it is to give a very generous salary and to simultaneously crack down hard on even the appearance of impropriety. Neither is being done right now, and part of the reason is that you can't really do one without the other[1], so you're stuck in a bit of a catch-22. [1] You can't crack down on on public servants questionably but not clearly criminally making money on the side if everyone that's supposed to…
I don't know what the solution would be, perhaps your suggestion isn't too bad and a good start.
Re: Tim Cook called Pelosi to warn her against disrupting the iPhone with antitrust
#35Earlier quoted context omitted.
The way to do it is to give a very generous salary and to simultaneously crack down hard on even the appearance of impropriety. Neither is being done right now, and part of the reason is that you can't really do one without the other[1], so you're stuck in a bit of a catch-22. [1] You can't crack down on on public servants questionably but not clearly criminally making money on the side if everyone that's supposed to…
Unfortunately people are greedy. I don't think there's a generous salary that would cause them to not want more. They could be making $50M a year, and they would still want more. I don't know what the solution would be, perhaps your suggestion isn't too bad and a good start.
The point is that you give them a generous salary and take it away if they misbehave. Every carrot is a stick in waiting.
Re: Tim Cook called Pelosi to warn her against disrupting the iPhone with antitrust
#36Re: Tim Cook called Pelosi to warn her against disrupting the iPhone with antitrust
#37Earlier quoted context omitted.
Pelosi doesn't get paid enough is a surface of the sun level hot take.
It really isn't. If your goal was to make investing while in congress less appealing, you'd pass laws, yes, but also pay people more. AoC had made the point before that if you make congressional pay too low, it becomes only feasible for the already-wealthy to maintain a political career. Also note that being a congressperson has weird extra expenses, you usually need to have two homes, one in DC and one in your home…
Re: Tim Cook called Pelosi to warn her against disrupting the iPhone with antitrust
#38Re: Tim Cook called Pelosi to warn her against disrupting the iPhone with antitrust
#39Earlier quoted context omitted.
The way to do it is to give a very generous salary and to simultaneously crack down hard on even the appearance of impropriety. Neither is being done right now, and part of the reason is that you can't really do one without the other[1], so you're stuck in a bit of a catch-22. [1] You can't crack down on on public servants questionably but not clearly criminally making money on the side if everyone that's supposed to…
Unfortunately people are greedy. I don't think there's a generous salary that would cause them to not want more. They could be making $50M a year, and they would still want more. I don't know what the solution would be, perhaps your suggestion isn't too bad and a good start.
Re: Tim Cook called Pelosi to warn her against disrupting the iPhone with antitrust
#40Earlier quoted context omitted.
Pelosi doesn't get paid enough is a surface of the sun level hot take.
It really isn't. If your goal was to make investing while in congress less appealing, you'd pass laws, yes, but also pay people more. AoC had made the point before that if you make congressional pay too low, it becomes only feasible for the already-wealthy to maintain a political career. Also note that being a congressperson has weird extra expenses, you usually need to have two homes, one in DC and one in your home…