Lanhdanan
74618
1922
44
https://www.newsweek.com/aoc-says-its-absolutely-wild-members-congress-can-buy-sell-stocks-1618712
Aug 17, 2021 11:00 AM
Lanhdanan
74618
1922
44
https://www.newsweek.com/aoc-says-its-absolutely-wild-members-congress-can-buy-sell-stocks-1618712
ElBlaylocko
Literally her only intelligent comment.
555LOGS
How about they have to disclose every transaction immediately? Like boardmembers have to when buying or selling stocks of their own company
Phriendzone
Term limits. Expulsion for using position to gain knowledge to trade stocks actively.
yournameere
these people have a license to steal and no term Limits. voted in again and again by the morons in their district.
UnattendedDeviant
Downvote Repubs, even tough you may agree. AOC said it.
hadan8088
Always upvote AOC!
Shen22
Clearly they just clicked through the annual mandatory Ethics training...
Redshadow09
But are we going to do anything about it?
CrunchyLentil
Who else clicked play?
Youreatowel
Honestly that they don't have to just use blind trusts or the like is ridiculous
yournameere
please explain to me why this is happening, and to top it off they can be on the board of directors of a company.
znuff
Fucking spam bot.
johnspeck2
Snowflake
WhataboutBobWiley
Think she's going to vote for her own pay raise?
RElGNMAN
Well, how else are they going to commit insider trading?
fearTheAnimal
When you write the laws, you can set up a situation where a stock will do well. Then there's no big move of funds before it spikes.
StarscreamAndHutch
When you write laws daily and we get to ‘vote’ every 2 years, not sustainable.
beoluves
It would be less insane if at least they didn't receive insider information before making huge moves
beoluves
Or, you know, signing very specific laws
Imalwaysready
Invest in defense stock. Vote to appoint defense company CEO Secretary of Defense. Award contracts to company. Profit!
KleptoKea
But why aren't the American People saying that, and doing something about it.
MacClay
We've been saying it for decades, and the only thing we can really do about it is hope one of the people we can vote for wouldn't do this.
Imalwaysready
We're all too beaten down to care and accept the corruption and graft in our system as "normal," which will be our downfall eventually.
Imalwaysready
Even here there are comments about how "both sides do it" and "AOC takes corporate donations, too!" as a way of avoiding the issue.
Steveisalreadytaken
Brit here. Same in the UK. Even the Cabinet are at it - plus all their rich mates of course.
Siliconhobbit
It's absolutely wild that some old fucker, at the age of 70+, thinks he or she can represent any majority of Americans that are 40+ years...
Siliconhobbit
... younger and more in-tune with society than they will ever be AND remain in Congress forever, as long as they keep getting elected by ...
Siliconhobbit
... the same morons that elected them to begin with, who are still in a far different age/social/economic bracket then they are.
TheMightyMoto
She is right.
nipaxon
Do they also route that to darkpools?
buttplugconsumer
They can go to parties in Vegas, have prostitutes sent to them, be lavished with drugs and liquor, and gamble the night away on a lobbyists
buttplugconsumer
dime. Then they can use campaign funds to reimburse those costs which the lobbyists funded as business expenses.
MundySeme
Like China, the US has a controlled economy. But while China is focused on power growth, America's power withers for it's billionaires
hjf2011
china has more billionaries than any other country
rottingcarcasswithmaggots
China also has more people than any other country.
DreamingOfDistantShores
98% of what the lady tweets, my somewhat-conservative father agrees with as long as he doesn't know it came from her. He just has a bias
DreamingOfDistantShores
picked up from exposure to negative news a la Fox, though thankfully he doesn't watch it much these days. Amazing how strong that stuck.
INeverReadTheTOS
It is, though. It's fuckin' fucked.
reuvil
What is more fucked is when the supreme court allowed unlimited campaign contributions...
RayDayy
lol well said
SarahDancePainter
Initial reaction was if they’re individuals then same rights as any other. But they are not individuals like you or I...
SarahDancePainter
They should lose some rights. The perks more than make up for it. Kind of like how a president can never drive again. Makes sense. Go girl!
SunAnvil
What's even wilder is the fact that they keep doing it as there are no repercussions.
JustKote
I think the repercussions are supposed to be us voting their asses out. Some cats been sitting in same seet for decades.
JustKote
Do we just lack decent competition? One legislator can stay bought for decades, try buying 10 people in the same time.
JustKote
I honestly dont know why we dont change seats more often. Is the competition for these seats just so low we cant replace them? What gives???
GourmetCrackHead
Shorter term limits mean more time and money is spent on re election campaigns. How much less AOC could get done if she had to run every 2yr
AlienNippleAntennae
Well there aren't really. If a crime is never punished than people ignore it's validity. ?♂️
mikekearn
Alternatively, if the punishment is a fine, then it's just the cost of doing business.
mardukkur
LOL the press is so fucking weird. Liz Warren introduced a bill in 2018 to make it illegal but AOC sent out a tweet so it's frontpage news.
accl10
Bill half-heartedly introduced with no real follow up
mardukkur
Lol it passes or it doesn’t, there’s no such thing as “half heartedly” introduced.
mardukkur
Not to mention that if ACTUALLY INTRODUCING LEGISLATION is half-hearted, what the fuck is a tweet?
accl10
They introduce bills all the time that had no hope of passing but were simply so they could tell people they introduced that bill.
mardukkur
Ah of course, she didn’t MEAN it, not like AOC tweeting. Fucking embarrassing.
MrFancyPanzer
It's absolutely wild that they can receive bribes.
Noblert
Its kindof a structural part of the system
imnotsureaboutthat
Yeah, even AOC gets large corporate donations.
MyCommentsUsuallyHaveTypos
It's absolutely wild they can vote for their own pay increases.
pgdave
Only sort of. They can vote for pay increases for the next Congress, but not their own, giving voters a chance to vote them out.
deadman320
Its absolutely wild that gerrymandering is illegal and is so blatantly done that its a meme and yet...
AlienNippleAntennae
Well more than lobbying, not sure but if you know say the US govt is going to give a huge contract to say Microsoft you can gobble up stock
AlienNippleAntennae
Knowing it's guaranteed to skyrocket. That's real insider trading. Not unlike with the wild rich lobbying system where they didn't want
AlienNippleAntennae
Legal consequences to their corruption, So they legalized it! CORPORATIONS are people?! It's the same sham run again n again.To big to fail.
AlienNippleAntennae
(Until now)
VaultGirl69
Man, I hope so. But I'm done being siphoned so some jackass can buy a yacht or shoot their dumb asses into almost space for 5 minutes.
CaptainoftheCharles
Ah yes, AOC, our hero. Meet the new boss, same as the old boss.
braidedeagle
She's progressive, forward-thinking, caring and seems to have a brain. I see no similarities to the old boss.
Imalwaysready
That would be a good point if you could show the similarities, but so far she seems demonstrably different.
CaptainoftheCharles
Hiring her boyfriend ?
Imalwaysready
In what capacity?
Imalwaysready
And, yes, he had a small role on her election campaign in his professional capacity of web development, but that's about it. He is NOT a >
Imalwaysready
member of her Congressional staff in ANY capacity & if this is about his .gov e-mail address, that was disproven within minuted of moronic >
CaptainoftheCharles
Good question
Imalwaysready
And there it is, ladies and gentlemen...
dontlookinmybeard
I just lost 36% in 40 hours. Stocks are not the economy
newsguycraigevans
Are you a member of the US Congress? No? Then she wasn't talking about you.
dontlookinmybeard
Oh man. I was agreeing. I was just stating I fukt up
dontlookinmybeard
Losing money no fun. It was less than 100 bucks. So. At least I now not broke. I already was tho.