It’s a little late for that.
this post was submitted on 18 Dec 2024
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I can hear Michael Cole from WWE:
Vintage Biden
Pelosi won't let that happen.
I'd be fine with congressional stock trading if congress members were required to immediately report trades instead of the 45 days or so they are currently legally required to
If they wish to invest, it should be in a fund that is managed for them by people without insider knowledge.
Nah, they already got their money by then. Their trades go through first then everyone else's? And prereporting trades is ripe for stock manipulation. They should not be able to personally manage a portfolio and imho insider trading should carry hefty corruption penalties for congress.
I'd only be okay with it if those trades were reported and published publicly within the hour of the trade.
Let everyone benefit from inside trader or do the right thing and make everyone subject to the law.
I thought that was currently the case they just had a 45 day max reporting timeline, unless my Nancy pelosi clone portfolio has been lying to me. Apparently her average reporting time is 14 days
Just curious... How is your Pelosi clone portfolio going? Is it a legitimate investment strategy compared to the usual suggestion of index funds?
So far over the past year I've had it active, I'm up 40%. It seems to be working well, I have it automated through a service called Autopilot and it has already paid for itself. I wish I put more into it at the start but so far I've got no complaints.
There's two ETFs now for tracking democrat trades and republican trades if you have any interest in tracking this kind of portfolios performance! I don't think there's an ETF for Nancy specifically but she's definitely a part of the dem ETF
Cool, I tried looking it up.
Seems like the tickers are NANC (D) and KRUZ (R)
Are those the ones you are taking about? If so, I love the tickers.
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Actually, the word is that there is a bipartisan bill moving though Congress to prohibit stock sales. Crazy, right? Anyway, this is just Biden saying he'll sign it.
Jesus Christ Joe, are you trying to take food from their children's mouths? How dare you sir, insider trading is the only real perk they get...well Healthcare and insider trading.
Correctly identifying a problem while doing nothing that could possibly change it.
That's Joe's legacy, I guess
Why wait until the last possible second to go for this? What a complete knob
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Destroy Wall Street. Literally remove it brick by brick if you have to. That cancer is killing us all and we're all tied to it.
I feel like if you want to hold government office you should 1. Give up all your wealth. 2. In exchange for this, you get a rock solid $500,000 salary. This isn’t because you are an elite, this is because paying you well makes it harder to bribe you. 3. When you lose your seat or step down, you can never work again in your life. This is to prevent you from ever taking on a lobbying job or otherwise using your power to enrich yourself and influence government for special interests. In exchange for this, you can take 80% of your salary that you had while in office until you die.
These changes hopefully would give office holders enough personal financial security to focus on making decisions without being influenced by external money.
We don't need to bribe them to do their jobs. We need to make them afraid of what will happen to them if they don't.
It's both. Otherwise noone would be dumb enough to do such a high profile, high stress, and apparently low paying job. I do want the smartest, hardest working and best people leading my country, not some random guy would couldn't get a better job.
As if congress is going to bring up a bill that would restrict one of the quickest ways to make money for themselves.
Fuck Joe Biden.
Four years too fucking late, asshole
Take what you can get. Bitching about how you got there isn't helpful.
You're days away from the end of your entire run and now we grow morals.
This is like those old racist folks on their death beds trying to make amends to anyone and everyone in their final days.
He's talking about this now because he doesn't have morals. If he gave a damn he'd have pushed and passed this within his first year. This is just him trying to get some headlines before he happily steps aside for the fascist to come in and reverse it.
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You just never looked into what they're really doing, and for some reason media isn't keen on reporting all the good proposals and legislations they were doing, I wonder why.
This administration was the best one in centuries, both in terms of legislation and in terms of administrative work. The only question they aren't good on is Palestine, and incidentally it's the only thing that media suddenly cares about, I wonder why(2).
The only thing they didn't do good on was that one small genocide they enabled, hah oops lmao
It's such a good thing there is an alternative that really, really great at stopping genocides. We are so happy that now those evil genocidal maniacs will be out of the office and there will be no genocides forever. They will finally stop pressing that genocide button that they have, which controls genocides.
This reads as sarcasm. Except its not so much a button that stops genocides, its... a different mechanism
Every genocide has to stop eventually. Otherwise it's not a very effective genocide...
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I am starting to believe that Americans trully believe there is a mechanism that starts and stops genocides and it's located within reach of the American president. This notion is so fucking wild it's impossible to believe y'all really totally thinking it, but it is jingoistic enough for me to start believing y'all are bathsit insane enough for it.
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Because the media is owned by Republicans
The only question they aren’t good on is Palestine
Yes, other than that they were perfect. For example, they never would have continued Trumps racist border policy.
Believe it or not, for the amount of power they have, they are actually doing pretty good. We probably want them to ditch checks and balances and do good dictatorship for a moment to fix centuries of racist bullshit that permiated the US, but I am pretty sure it's not realistic. I wish it wasn't so, but the US is very, very racist country, and it reflects.
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Oh come on, don't give these sandbagging stooges more credit than they deserve. The only reason what you're saying doesn't sound quite as batshit insane as it should is that we haven't had a government that prioritizes the working class even close to as much as the rich since WWII. Biden isn't terrible compared to his peers but his peers have all been sucking the same corporate dick for so long that no one young enough to know what Lemmy is have ever experienced anything else. Calling that greatness is not being objective it's just a lack of imagination.
It's always important to thinglk about things in context and perspective. When I say best administration, I don't compare it to the administrations of my hopes and dreams, that's not useful at all. I compare it to what was before and what's the possible alternatives.
Oligarchs want you to lose perspective, hope, and stop doing actionable things. They want you to believe that unless the administration is doing luxury gay space communism, they are as bad as anything else and shouldn't be supported. Don't fall for it.
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Yeah, NOW he wants. The last 4 years wasn’t time enough to get this done.
Fuck off.
Next up, he'll try to introduce a bill that states free healthcare for all, paid through the taxes. Everyone wants it, but nothing will come of it, because America will be a fascist country in about a month. Good luck, America!
LET'S GOOOO!!
Ignoring how long it took, big ups joey b