"The only thing necessary for the triumph of evil is for good men to do nothing"
I don't think good men have been allowed near government for many decades
It's very nearly a contradiction of terms.
The insider trading suspicions looming over Trump's presidency
71–80 of 170 posts
Re: The insider trading suspicions looming over Trump's presidency
#72[flagged]
This feels like whataboutism. That line of argument isn’t new and is often associated with pro-Kremlin narratives—do you have a more substantive point to add?
> This feels like whataboutism.
I mean Pelosi has a higher rate of success as a stock picker than Warren Buffet.
> That line of argument isn’t new
Why are points raised previously invalid?
> and is often associated with pro-Kremlin narratives
I could write "pro-Kremlin narratives are associated with the Russiagate hoax" but that would be childish.
Re: The insider trading suspicions looming over Trump's presidency
#73Earlier quoted context omitted.
Irrelevant to the matter of scale - Trump's corruption easily exceeds that of Pelosi. More to the point, this is simple what-about-ism to avoid facing up to corruption in the US government and the poressing need (for many decades now) to take effective action. As it stands, the emoluments clause and the impeachment wrist slapping make the US a standing joke for poor definition of problem and inability to punish.
Saying something over and over does not make it true.
No, it's sadly true, the US is regarded as having an old, quaint, constitution that has deep flaws.
Eg, an inability to enforce anti corruption at state and federal levels and a weak ineffectual process of bringing heels to boot.
Re: The insider trading suspicions looming over Trump's presidency
#74Earlier quoted context omitted.
I suspect in the aftermath of this administration, the power of the President as a whole is going to be massively stripped back.
That might work out well for the Republicans - "rule by executive order" started under the Obama administration.
Based on this:
https://www.presidency.ucsb.edu/statistics/data/executive-or...
Looks like it really started under Teddy Roosevelt. Obama's 276 is lower than most of his predecessors.
Re: The insider trading suspicions looming over Trump's presidency
#75While insider trading is always a possibility, what often happen is trades are made in anticipation of an announcement without knowing what the announcement actually is, and Trump really is fairly predictable. You know hes going to TACO, question is when.
I would be more interested to know if the traders had insider knowledge of timing of the announcement or if it was leaked.
Re: The insider trading suspicions looming over Trump's presidency
#76Earlier quoted context omitted.
What were the crimes you believe were committed in 2008 and who do you think committed those crimes?
You seem to think you’ve found some sort of gotcha. There were plenty of crimes committed in the MBS world. See GS, Credit Suisse, and others. However very few were prosecuted at the individual level.
I wasn't looking for a gotcha at all. I was wondering what specific individuals are you referring to and what crimes you think they committed.
Re: The insider trading suspicions looming over Trump's presidency
#77I don't see any actual evidence given in the story by the author.
The BBC is not exactly known for unbiased reporting. It's been accused of systemic anti-Trump bias, including the misleading 2024 Panorama edit of his Jan 6 speech for which the network was forced to apologize.
Again, proof or evidence? No direct names mentioned of insiders, or any leaks traced. I do not see it. The BBC cites trade volume spikes that were timed to the announcements and analyst opinions. But is that not how Forex and Future exchanges/trades work? Are they not driven by geopolitics? If anyone is calling for a SEC probe, then the investigation should start with the entire congressional body. If it were me, I would start by enacting term limit legislation for senate and house. I'd then start speaking to any politicians that have been expelled out or sacrificed by their own political parties. I'm sure they'll have a rather good story to tell. It will be interesting to see how many of these people will be open to public hearings on the matter.
Re: The insider trading suspicions looming over Trump's presidency
#78[flagged]
[deleted]
Re: The insider trading suspicions looming over Trump's presidency
#79Earlier quoted context omitted.
Sure. This one’s free. https://www.trumpcorruptiontracker.com/
That does not allow you to buy stock based on what Trump picks.
Ha. Well in that case an ios app is small ball. For corruption on DJT scale, just become one of the top bag holders of $TRUMP to meet him and get corruption tips from the man himself. https://www.thedailybeast.com/donald-trump-dishing-out-mar-a...
Re: The insider trading suspicions looming over Trump's presidency
#80Here are the lessons:
1. The Supreme Court is not some neutral arbiter of a hallowed intractable document. They are political actors. Just like history books now write about the disastrous Court of the 1850s that went completely off the rails (Reconstruction wasn't much better), history will likewise write about the Roberts court as (IMHO) the worst in American history, particularly Citizens United and Trump v. United States. The latter is most directly responsible for all of this. There is now absolutely no prospect of consequences for any of this. The president himself is immune and is now free to openly sell pardons for anyone gets indicted. And let's be real, nobody is getting indicted. This is brazen, unfettered kleptocracy; and
2. The Democratic Party itself, the donor class and the consultant class is completely on board with everything that's happening.f The term here is controlled opposition. Now you just feckless pronouncements like "Trump bad" but, for example, no objection to policy. Instead the objection is to process. For example, Hakeem Jeffries saying Congress should've authorized the Iran War. That's not an objection to the war. The Democratic establishment likes the war. All of these political careers are just stepping stones to their eventual private industry paydays. It's their children getting fake jobs at thinktanks, management consultancies, lobbying firms and so on.
My personal opinion is that nothing will be solved. It's too late to do anything about this with electoral politics. Democratic politicians and the mainstream media has spent more effort attacking Hasan Piker in the last month than attacking Trump's foreseeably disastrous war or outright corruption with insider trading and pardons.
This feels like a "So long and thanks for all the fish" moment.
Princeton did a study on the effect of public opinion on what Congress does, specifically the impact of popularity of a bill passing and it actually passing [1]. It should surprise no one that public opinion has almost zero impact.