It always boggles my mind that I, a journalist, am expressly forbidden from trading stocks, but members of Congress, with vastly greater knowledge of market-moving news, are allowed to profit by front-running markets, and so may profit by in essence stealing from the public they represent.
Comments
https://www.nytimes.com/interactive/2022/09/13/us/politics/congress-members-stock-trading-list.html
This is one of the biggest slams on Dems - "both parties are the same". Time to prove otherwise.
Low-level public accountants have tighter requirements than this, but it’s a start.
The all or nothing approach has gotten us nothing
They should not be allowed to police themselves! Stop defending these people! Actions speak louder than words.the majority of ‘good guy preogessives’ are crooks!
We need a civilian organization filling legal accountability w/jail time.
Obama
But levels are outrageously high (maybe higher than ever right now as Trump makes market moving announcements daily).
Unmitigated greed.
Instead of playing their game, we should take the board and throw in the trash.
Tell ‘em they can’t play the game anymore.
Currently, unless you're a Republican, your best hope of winning a Federal election is to do at least one of the following: live in a super-blue area, be a self-funding billionaire, or spend your waking hours hitting up people for campaign $.
What can you expect when you allow the crooks to run the prison.
Congressional stock trading is a great place to start. WE MUST ENACT CHANGE! If we intend to recover from this corruption.
🇺🇸 Voters need to wake up.👁️
My wish list includes replacement of the Electoral College with the popular vote.
https://www.verifythis.com/article/news/verify/government-verify/congress-members-can-receive-pension-retirement-checks-fact-check/536-fcd98c29-78ed-47ff-8c50-52437cdb4022
"Project for the Future" is a good working title.
Something to prevent this from ever happening again and undoes athe damage the active administration has done(and hopes to accomplish) . Maybe even something that could bring a golden age in America.
https://ethics.house.gov/gifts/
And not the cool Doechii kind.
https://youtu.be/5vVGF9S-NU8
Grifters and criminals. 🤨
#NQNQ247
https://hilids.com/products/hats/hands-off
https://www.reddit.com/r/WorkReform/s/aVNlH7Bb9e
In addition to the pension, this sort of information is a license to print money.
They Need a ROI to cover their asses.
Much like tariffs.
I suppose that means it will never get done.
I mean, Trump and all of his Republicans are cheating
Elon is cheating
Seems like there’s no laws anymore
Those with economic power or influence are the ones who dictate how things are done - for better or for worse.
Influence government policy? Stocks are frozen.
Then they can focus on doing their mfing jobs.
***The Great Grift***
Our political system is corrupted by Greed. The money needed to get on the ballot in elections is through the roof. That secret "donor" "pac" money is like a fertilizer to help grow crooked politicians. Congress
and Judicial are corrupted.Bernie knows.☮️
https://bsky.app/profile/joncooper-us.bsky.social/post/3lmhhpeyxac2a
Either way irrelevant - I did it precisely zero times for zero amount of time, but I’d have liked to know if I shouldn’t have 😆
But my friends who were legislative aides on the Hill were literally writing major subsidies and policies and were unrestricted
It's not that your a journalist, it's that you care about ethics and/or work for an organization that does.
That being said, Congress should absolutely be barred from trading stocks.
Above is explicitly about trading. There would also be an issue merely reporting on a company if they already owned that stock.
Congress technically isn't allowed to trade on that information, but they'd have to confess to telling their broker what to trade to be convicted.
And yet politicians can like do whatever.
Sadly, it is not.
It’s all a sick joke.
Very few in either party can pass up tbe chance to enrich themselves. It's why none accuse the openly committed crimes as CRIMINAL for prosecution. They know they're the ones who will end up in prison, az all T's bribed and extorted friends & foes
Does Chump have form ??
Team Trump
Elon Musk
The Republicans
They are corruption personified, they lie, they cheat, they steal our money and they constantly abuse their positions in many ways.
Why are they impervious to our laws?
Republicans
They laugh at We the People
They crap on the Constitution
A decade after its passage, the STOCK Act has done little to prevent the appearance of corruption and has fallen short of ensuring that Congress is prioritizing the public over their own interests.”
https://www.c-span.org/clip/public-affairs-event/user-clip-trump-admits-they-rigged-the-election/5150039
It's not a gotcha moment. That's why no one is talking about it.
In Europe you would have been arrested and all your funds frozen...