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  3. Members of Congress trading stocks is insider trading

Members of Congress trading stocks is insider trading

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  • F failedlyndonlarouchite@mas.to

    @stux

    most members of congress actually work damn hard

    given how much temptation they are subject to in the form of bribes, both direct and indirect, it would be good to increase their salary, a lot

    stux@mstdn.socialS This user is from outside of this forum
    stux@mstdn.socialS This user is from outside of this forum
    stux@mstdn.social
    wrote last edited by
    #16

    @failedLyndonLaRouchite You’re a real troll aren’t ya

    1 Reply Last reply
    0
    • stux@mstdn.socialS stux@mstdn.social

      Governing a country should comes with LESS privileges, not more

      You are an example, ACT LIKE IT

      Otherwise get the f out of the way for people who will

      We the people are the bosses of people in government, remember that!

      /end daily politician rand

      pretergeek@mstdn.socialP This user is from outside of this forum
      pretergeek@mstdn.socialP This user is from outside of this forum
      pretergeek@mstdn.social
      wrote last edited by
      #17

      @stux I always thought that politicians should be volunteer work.
      Edit: If we HAVE to have them.

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      0
      • stux@mstdn.socialS stux@mstdn.social

        Members of Congress trading stocks is insider trading

        Plain and simple

        Ban congress people from trading stocks, as simple as that 🤷 If they want to trade stocks, don't go into f-ing congress

        A toddler even understands this

        remywhisker@mastodon.socialR This user is from outside of this forum
        remywhisker@mastodon.socialR This user is from outside of this forum
        remywhisker@mastodon.social
        wrote last edited by
        #18

        @stux bUt ThEy ArE sO pOoR.

        1 Reply Last reply
        0
        • gooba42@mastodon.socialG gooba42@mastodon.social

          @stux My solution is bigger but... All their net worth goes into a trust that only buys index funds.

          They raise all boats or they get nothing.

          trebach@functional.cafeT This user is from outside of this forum
          trebach@functional.cafeT This user is from outside of this forum
          trebach@functional.cafe
          wrote last edited by
          #19

          @gooba42 @stux It'd have to go into a special index that buys stocks evenly then. The indices that you see on the news covers at most 2,000 stocks and they're weighted so some affect the index more than others

          gooba42@mastodon.socialG 1 Reply Last reply
          0
          • stux@mstdn.socialS stux@mstdn.social

            Governing a country should comes with LESS privileges, not more

            You are an example, ACT LIKE IT

            Otherwise get the f out of the way for people who will

            We the people are the bosses of people in government, remember that!

            /end daily politician rand

            trebach@functional.cafeT This user is from outside of this forum
            trebach@functional.cafeT This user is from outside of this forum
            trebach@functional.cafe
            wrote last edited by
            #20

            @stux "That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, --That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness." - US Declaration of Independence, 1776

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            • trebach@functional.cafeT trebach@functional.cafe

              @gooba42 @stux It'd have to go into a special index that buys stocks evenly then. The indices that you see on the news covers at most 2,000 stocks and they're weighted so some affect the index more than others

              gooba42@mastodon.socialG This user is from outside of this forum
              gooba42@mastodon.socialG This user is from outside of this forum
              gooba42@mastodon.social
              wrote last edited by
              #21

              @trebach @stux Whatever needs to happen to make it so, we should just do it.

              1 Reply Last reply
              0
              • stux@mstdn.socialS stux@mstdn.social

                Members of Congress trading stocks is insider trading

                Plain and simple

                Ban congress people from trading stocks, as simple as that 🤷 If they want to trade stocks, don't go into f-ing congress

                A toddler even understands this

                A This user is from outside of this forum
                A This user is from outside of this forum
                aachrisg@mastodon.gamedev.place
                wrote last edited by
                #22

                @stux congress made Jimmy Carter sell his small _ peanut farm_ to avoid conflicts of interest.

                1 Reply Last reply
                0
                • pomegranate_stew@kind.socialP pomegranate_stew@kind.social

                  @trebach @stux
                  > they'll design schedules

                  Yes! Many years ago when that number was 40 instead of 30, I was regularly scheduled for 39.5 hours, while making a whole 15 cents more than minimum wage ($3.35 at the time), just so they didn’t have to consider me full time.

                  Employers have been gaming the system forever because too many of them are absolute bastards.

                  P This user is from outside of this forum
                  P This user is from outside of this forum
                  passwordsarehard4@mastodon.social
                  wrote last edited by
                  #23

                  @pomegranate_stew @trebach @stux and that’s not even mentioning tipped employees. If you SHOULD receive over $30 a month in tips they can pay you $2.13 per hour. Why even have a number? It’s so paltry it doesn’t cover the taxes on what customers felt sorry enough to leave you.

                  trebach@functional.cafeT 1 Reply Last reply
                  0
                  • P passwordsarehard4@mastodon.social

                    @pomegranate_stew @trebach @stux and that’s not even mentioning tipped employees. If you SHOULD receive over $30 a month in tips they can pay you $2.13 per hour. Why even have a number? It’s so paltry it doesn’t cover the taxes on what customers felt sorry enough to leave you.

                    trebach@functional.cafeT This user is from outside of this forum
                    trebach@functional.cafeT This user is from outside of this forum
                    trebach@functional.cafe
                    wrote last edited by
                    #24

                    @passwordsarehard4 @pomegranate_stew @stux The sum of that $2.13 per hour and your tips are required to add up to greater then minimum wage or your employer is required to make up the difference.

                    Usually it does. If it doesn't and you bring that law up for them to compensate you, they tend to sack you for being shit at your job

                    1 Reply Last reply
                    0
                    • stux@mstdn.socialS stux@mstdn.social

                      Members of Congress trading stocks is insider trading

                      Plain and simple

                      Ban congress people from trading stocks, as simple as that 🤷 If they want to trade stocks, don't go into f-ing congress

                      A toddler even understands this

                      B This user is from outside of this forum
                      B This user is from outside of this forum
                      bedifferent@mastodon.social
                      wrote last edited by
                      #25

                      @stux Since Vought told the GOP in 2010 not to elect leaders (the quote and source are out there will add if requested), the toddlers are all there in congress following in the footsteps of their higher-up toddlers.

                      1 Reply Last reply
                      0
                      • stux@mstdn.socialS stux@mstdn.social

                        Members of Congress trading stocks is insider trading

                        Plain and simple

                        Ban congress people from trading stocks, as simple as that 🤷 If they want to trade stocks, don't go into f-ing congress

                        A toddler even understands this

                        me@social.jlamothe.netM This user is from outside of this forum
                        me@social.jlamothe.netM This user is from outside of this forum
                        me@social.jlamothe.net
                        wrote last edited by
                        #26
                        @stux In addition to being blatant insider trading, it's also a glaring conflict of interest with their congressional duties.
                        1 Reply Last reply
                        0
                        • stux@mstdn.socialS stux@mstdn.social

                          Members of Congress trading stocks is insider trading

                          Plain and simple

                          Ban congress people from trading stocks, as simple as that 🤷 If they want to trade stocks, don't go into f-ing congress

                          A toddler even understands this

                          numodular@c.imN This user is from outside of this forum
                          numodular@c.imN This user is from outside of this forum
                          numodular@c.im
                          wrote last edited by
                          #27

                          @stux Secondary to politicians writing policy for #TechBros and #FossilFuels #grift #AbuseOfPower

                          Replace them with ethical #scientists

                          1 Reply Last reply
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