NEWS: Sen. Ossoff and Sen. Mark Kelly reintroduced their Ban Congressional Stock Trading Act. Repost if you agree it's time to BAN stock trading by members of Congress.
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They’ll always find a way. Time to enforce expulsion for any prods of this. No 2/3 majority shit. Expulsion when proof is shown. No matter who or “what side of the aisle”. As if there’s a difference.
It can’t be just a ban. It needs to be considered insider trading with JAIL TIME. None of these laws mean anything if they don’t actually have serious consequences.
And prosecute those who benefited from insider trading! Send them to prison. If it was good enough for Martha Stewart, it’s good enough for Marjorie Taylor Greed!
How in blazes do they even think this could be enforced? Simply give your money to a friend, tell him when to sell/buy. Boom. Their name isn't on the transaction.
Yes but they should be paid more too. Less incentive to search out income elsewhere. High value pay for high value jobs and you’ll likely get people with high values.
U.S. Congress members are paid $174.000 per annum.
A Danish parliament member is paid $109.185 per annum.
Yet Denmark is reported to be one of the least, if not THE least, corrupt Governmental bodies in the world.
It ain't a salary issue, it is a moral issue.
But Repibs are pro-Biz. Their motto is. "Let me help YOU make ME rich". Hence all the huge tax breaks and tax cuts, loopholes etc. The more they can increase the bottom-line of companies they have investments in, shares etc, the more their own bottom-line increases. Like funneling TP money.
Ol' Pelosi would fight you to the death to be able to trade her stocks. She lied about putting the bill on the floor the last month the Dems had a majority. Schumer is the same model of pol. Maybe getting rid of greedy corp pols should be a priority.
Should be a ban on just having two parties in the most ethnically diverse country on earth , it just makes it easier for the AIPAC genocide lobby to buy both parties , it would be too expensive to buy if there 4 viable parties. Ban AIPAC so you can actually serve USA
This is a bit like putting out a fire in the tool shed when the house is engulfed in flames. This is symbolic, ordinary legislative procedure during an autocoup. Even some of our best pols are stuck in this mode. There are few in the House and even less in the Senate suited to oppose a fascist.
Ridiculous that this is seen as a priority as Americans in the millions will soon be without Healthcare, housing and food, with assistance programs being cut or eliminated! People being sent to concentration camps without due process! They are as out of touch as the GOP.
Hmm another Senator trying to distract voters away from shameful crypto grift vote. How about public explanation of why you & 15 other democrats joined hands with GOP & voted for crypto grift?
Instead of this why not only allow congress members and staffers to trade with a delay say a minimum of 30 days before the trade is effective. That way they can’t time that insider trade easily and the public can see their trades in advance allowing transparency.
That’s my question too! The answer seems to be that Senator Ossoff likes progressive showboating when the cameras are on, but he lines up with Trump when it’s time to vote.
If you want to get term limits w/o legislating term limits, just put in strict financial limitations and members will “self-deport” to the private sector in droves.
However, there needs to be SUPER STRICT enforcement: eg, disgorge 3X any gains if caught. Otherwise ppl will game the system.
If the President can grift any crappy Chinese made POS to his followers, accept a luxury jet from a terrorist nation, and sell seats at a dinner for anyone who spends the most on his crypto scheme, illegal stock trading seems tame.
He is the culmination of politicians refusing to strengthen the judiciary & making sure there are consequences for all crimes by politicians. From Nixon, Ollie North, Reagan & the entire Bush administration.
Haven't read the bill, but if it doesn't include a ban on members of Congress spouses trading stocks either (which would probably be unconstitutional) then this bill is nothing but political showboating.
Say something about the relationship between Epstein, Diddy and Trump. They were all friends and have been using the same network of fear to keep News media and people of entertainment and power under their control. Be a hero.
Best of luck to them. Most of those skumballs are only on that hill to enrich themselves. Insider trading is one of their biggest profit centers! They aren't gonna vote themselves out of that king of revenue.
A day late and a dollar short is an understatement.
Tell you what, you get your mates together to kill the "big beautiful bill," and then we'll discuss inside trading AND campaign finance legislation!
There is already a seldom prosecuted "Insider Trading" law that should/could be applied or perhaps that one needs some broader enforcement? And the less likely integration of honesty in politics.... what a concept.
What the senators have to do right now, is to work on getting control of the Senate and the House in the midterms instead of doing stupid shit like this that isn't going to go anywhere unless they do. How about abolishing the electoral college and citizens united? Real fucking issues. Voting rights!
"This isn't rocket science: the only way to stop insider trading in Congress is to stop members of Congress from trading stocks. Period," Sen. Mark Kelly said.
Ex-astronaut Kelly should use space puns every chance he gets.
Yes, I called it a bat. It is like a bat to the back of the head. A bat to the kneecap. A bat to the body. Big Beautiful Bat.
A bat that will wake up many unsuspecting Trump supporters.
So disappointed in the Senator voting in favor of the Genius Act. He is not who I thought he was, and I am no longer interested in anything he has to say. It is my hope he is out of office soon.
Senator please answer Will big bill lose in Senate? On most legislation, Republicans typically need 10 Democratic votes to bypass the 60-vote filibuster threshold.
Lovely. Just lovely and thanks.
Now will you please FFS pay attention to the dumpster fire that is the American government of which you are a part? Do something.
JFC.
While I do believe that it should be done. Is this the time when our constitutions being torn up to pieces? Shouldn't others things like impeaching Trump be a priority over this? Men in mask & not wearing ID are grabbing people off the streets & moving them out of the country without due process.
Ahh, another performative gesture. How about coalescing an effective resistance to the dismantling of our country? It’s happening right there in front of you and you and your colleagues are just watching it happen. Shameful, we deserve better.
Agree. Unfortunately Senator Ossoff was among the fake-progressive Dems who voted to boost crypto grifting by Trump and his crypto cronies, and by extension any politician who likes untraceable bribes.
In 1980 I went to work for , what was then, a Big 8 accounting firm. One of the firms I had to complete was a list of all my investments. None. When I got married, the form returned with a note that neither my husband or I could own stock with the firm’s clients. That should be true of Congress.
Comments
And quite impressed with your work 💙
A Danish parliament member is paid $109.185 per annum.
Yet Denmark is reported to be one of the least, if not THE least, corrupt Governmental bodies in the world.
It ain't a salary issue, it is a moral issue.
Everything that is happening in the Trump administration
with his appointees from Fox News
from which he speaks from their mouths
that deconstructed the social safety net for the poor & gave the money to tax cuts for the rich,
I blame the 77 million voters.
They voted for this nightmare .
Section 4 & 5
Pardon me for asserting such lunacy but that “time” was when the first privileged, inside-information trade for profit occurred.
I think he would make a
wonderful President 💙🇺🇸
Or use
5calls.org
https://prospect.org/politics/2025-05-21-democratic-senators-deserve-primary-crypto-bill/
every time i see this
lol
write a letter
lol
ill never vote again ever
what isnt meah now?
EXCEPT for a 401k plan called "CONGRESS" that is available to the public, as well
Grow some goddamn balls.
THIS IS WHY WE STILL NEED THE FILIBUSTER.
Convict
Remove
Imprison
However, there needs to be SUPER STRICT enforcement: eg, disgorge 3X any gains if caught. Otherwise ppl will game the system.
What a concept.
"should"
Tell you what, you get your mates together to kill the "big beautiful bill," and then we'll discuss inside trading AND campaign finance legislation!
No? Then #resign #Traitor
Proof #VotingBlueIsNotEnough
Ex-astronaut Kelly should use space puns every chance he gets.
That 70% then goes into a HYSA and can be used for govt. spending
The illegal Trading?
Yes, I called it a bat. It is like a bat to the back of the head. A bat to the kneecap. A bat to the body. Big Beautiful Bat.
A bat that will wake up many unsuspecting Trump supporters.
Now will you please FFS pay attention to the dumpster fire that is the American government of which you are a part? Do something.
JFC.
As soon as the rethuglican pestilence is removed...
Then, America can start to build toward greatness.
Fuck Israel compromised politicians