• RagingSnarkasm@lemmy.world
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    2 days ago

    “When Congress members consistently outperform benchmarks like the S&P 500, it raises serious questions about fairness insider trading.”

    Fixed that for you.

  • The2b@lemmy.vg
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    2 days ago

    I wonder why Pelosi is always the mascot for this kind of behavior, when she was like the 6th best performing congressperson, and leagues behind the first?

    Oh, the top 5 were all Republican, got it

    • pachrist@lemmy.world
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      1 day ago

      She’s also the one who has fought any attempt to curb it, tooth and nail, for the past couple years.

    • Fedegenerate@lemmynsfw.com
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      1 day ago

      Some people say you can’t reason with Republicans but can pressure Democrats. Making Pelosi the figurehead of this puts pressure on Democrats to change.

      Republican voters just elected a felon. They do not and will not care about some insider trading so long as it’s the correct team doing it. Some Democrat voters might care about insider trading.

  • MyOpinion@lemm.ee
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    2 days ago

    It is almost like they know the laws that will affect the stock prices of companies and they invest accordingly.

    • ynazuma@lemmy.world
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      22 hours ago

      You also don’t network the way a congressman networks

      This can lead to insider trading, for sure, but also tons of other business opportunities

      There is a reason why the richest families in the US tend to have politicians in the family