“If legislation is advanced to help restore trust in government and ensure that those in power are held to the highest ethical standards, then I am proud to support it"
I don’t trust these kinds of bills because voters don’t know enough to have a say.
Politicians will announce policy MONTHS in advance. People don’t care because CNN or whatever didn’t make it consumable. And then politicians make moves on the stock market. And then people accuse them of insider trading.
The last few times Pelosi has went viral, the policies were hashed out ad nauseum and even made headlines well in advance. Way before she made her moves.
People have no idea what’s going on and then a bill like this appears?
Edit: the amount of people who take this further is rare. It’s all about “insider trading.” But what about the things they actually do to profit off governance?
There are professionals that make millions a year trying to figure this stuff out while managing their funds. Just to eek out an extra percent or two over A&P. Do you really think they never thought to look at the text of potential bills before?
But congressmembers routinely vote those returns out of the water. And that’s just something they do on the side, from their full time job as a politician…
I think you’re ignoring the Congress index fund people. They’ve proven quite clearly that members of Congress are beating other national index funds on a regular basis. Is that because Congress is smarter? More informed? I’m going with the latter, not the former.
It sounds like you want to try to reduce other types of corruption. Great, let’s do that too. But this is an obvious starting point especially when you see the president throwing up terrorists just so his buddies can time the market.
I don’t trust these kinds of bills because voters don’t know enough to have a say.
Politicians will announce policy MONTHS in advance. People don’t care because CNN or whatever didn’t make it consumable. And then politicians make moves on the stock market. And then people accuse them of insider trading.
The last few times Pelosi has went viral, the policies were hashed out ad nauseum and even made headlines well in advance. Way before she made her moves.
People have no idea what’s going on and then a bill like this appears?
Edit: the amount of people who take this further is rare. It’s all about “insider trading.” But what about the things they actually do to profit off governance?
There are professionals that make millions a year trying to figure this stuff out while managing their funds. Just to eek out an extra percent or two over A&P. Do you really think they never thought to look at the text of potential bills before?
But congressmembers routinely vote those returns out of the water. And that’s just something they do on the side, from their full time job as a politician…
You actually believe that?
I think you’re ignoring the Congress index fund people. They’ve proven quite clearly that members of Congress are beating other national index funds on a regular basis. Is that because Congress is smarter? More informed? I’m going with the latter, not the former.
It sounds like you want to try to reduce other types of corruption. Great, let’s do that too. But this is an obvious starting point especially when you see the president throwing up terrorists just so his buddies can time the market.
So, what you’re saying is we should just read the congressional record and day trade?