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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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  • 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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