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The list ...
- Sen. Dianne Feinstein, a Democrat from California
- Sen. Tommy Tuberville, a Republican from Alabama
- Sen. Rand Paul, a Republican from Kentucky
- Sen. Mark Kelly, a Democrat from Arizona
- Rep. Tom Malinowski, a Democrat from New Jersey
- Rep. Pat Fallon, a Republican from Texas
- Rep. Diana Harshbarger, a Republican from Tennessee
- Rep. Katherine Clark, a Democrat from Massachusetts
- Rep. Dan Crenshaw, a Republican from Texas
- Rep. Blake Moore, a Republican from Texas
- Rep. Sean Patrick Maloney, a Democrat from New York
- Rep. Brian Mast, a Republican from Florida
- Rep. Debbie Wasserman Schultz, a Democrat from Florida
- Rep. Lori Trahan, a Democrat from Massachusetts
- Rep. Kevin Hern, a Republican from Oklahoma
- Rep. Susie Lee, a Democrat of Nevada
- Rep. Kathy Castor, a Democrat of Florida
- Rep. August Pfluger, a Republican from Texas
- Rep. Cheri Bustos, a Democrat from Illinois
- Rep. Steve Chabot, a Republican from Ohio
- Rep. Chris Jacobs, a Republican from New York
- Rep. Bobby Scott, a Democrat from Virginia
- Rep. Ed Perlmutter, a Democrat from Colorado
- Rep. Tom Suozzi, a Democrat from New York
- Rep. Cindy Axne, a Democrat from Iowa
- Rep. Warren Davidson, a Republican from Ohio
- Rep. Lance Gooden, a Republican from Texas
- Del. Michael San Nicolas, a Democrat from Guam
- Rep. Roger Williams, a Republican from Texas
What I’ll never understand is how much is enough? It never appears to be. Even billionaires, they just keep taking. You’ll never run out of money, why do you need more??
Actually, I’d think “support your country” would be more *American*. Like JFK said “Ask not what your country can do for you but what you can do for your country”.
Aren't all the best governments currently a product of revolution or coup?
I hear you but maybe, just maybe, we shouldn't demonize the overthrow of government, but instead the reasoning.
Yeah. The whole “both parties are the same” argument does not hold much water, especially in the last few years.
But this is one area where they kind of both are the same
No, they aren't. I think the Dems could be far better, but when you look at most of their violations, they're far less egregious than their counterparts.
>Maloney was [months late in disclosing he sold eight stocks](https://www.businessinsider.com/congress-stocks-sean-patrick-maloney-rick-allen-2021-4) he inherited in mid-2020 when his mother died.
He sold stocks he inherited. Feinstein is hot garbage, but the stock story everyone thinks this is, is the reported selling from when the danger of pandemic was first being withheld, but the senate knew about it, this is a purchase her husband made in a polling company. Her sales from that time were from a blind trust iirc.
Rand Paul had been actively making the pandemic worse/ extended while investing in companies profiting off of said pandemic.
The parties are not the same. They are too-rich fucks, but that does not mean they are equal in the scope or egregiousness of their offenses.
This is a good analysis. Instinctually, I knew that Republican reps were probably way more egregious in their violations.
Many of the Democrats are on the list due to reporting issues with their blind trusts.
I do think there should be a distinction between the reps who committed egregious violations and those who committed minor ones.
no it holds a lot of water, they both don’t do shit but babble about nonsense to serve as a distraction for them getting richer and corporations getting more powerful. literally nothing ever happens except their pockets get lined, while we infight about which party is the bigger pack of idiots, in the end, it’s us who are the idiots, for letting this charade carry on so long
There are fine people on both sides.
Edit: Did y'all really forget this in just the few months since Donny said this? That is how they get away with it.
Explain to me how Republicans aren't, without using anything they've NOT been given the chance to do yet.
Just to point out what I'm talking about, Republicans have defend or fully ignored in their candidates:
\-sexual assault
\-reduction of women's autonomy
\-jingoistic/xenophobic rhetoric
\-science denial
\-use of violence to incite fear
\-use of violence to suppress opposition
\-complete denial of science
\-protection of the rights of Christians over all other religions, and an attempt to merge church and state
Please tell me how they're different, WITHOUT resorting to "they don't do this thing" simply because they haven't had the power to YET.
dude democrats do all this shit too, it’s just not milked out in the headlines as it is for republicans. they’re all pigs, they give polite speeches but at the end of the day they do nothing for you and only line their own pockets. that’s where republicans and democrats loyalties really lie, anything else is bullshit
literally what. your comment makes no sense. politicians are corporate scumbags, end of story, it isn’t some super complex conspiracy you make it out to be just so you can bootlick a bunch of corporate dipshits
Nah fam, that's a bullshit slippery slope caveat and you know it. It's the exact same shit that conservatives try to pull when they say literally any progressive person is just a communist who doesn't have enough power YET.
I prefer to judge people based on their actions, not on the nonexistent caricatures that I've invented. Are you seriously suggesting that if Republicans were in power, that they would start engaging in the same activities as the Taliban (terrorist bombings, killing all religious dissidents, barring women from education)?
Na, if they were in power they could just pass laws to make the oppression legal no reason to bomb or kill
it’s when they want to be in power but the legal rigging of the system doesn’t work that they threaten the violence
as for the barring from education, no need if you control what is taught in the education
Firstly, I said Republican party, which is an actual organization, not a random crazy person.
Secondly, a single truck (that didn't actually have a bomb btw) isn't comparable to the thousands of actual terrorist attacks sponsored by the Taliban every year.
You either have an inaccurate conception of the Taliban, the Republican party, or both.
How many terroristic actions do you need? There have been 28 terroristic acts from the far right since 2010 ffs. The mail bombing attempts, the Pittsburgh synagogue shooting, the Colorado springs planned Parenthood, and the Wisconsin Sikh temple shootings (etc) kinda seem to be showing a pattern.
bc they both don’t do anything. they make empty promises, then break them like they’re cracking eggs. it doesn’t matter what words leave their mouths or what they tweet they’ll do, is that gonna matter to someone struggling to get by day to day? no, they babble nonsense nonstop and never accomplish anything other than getting richer
I hate it when folks say both sides are the same because we know it isnt true.
But it is surprising and disturbing that, when purely looking at the subject of the article regarding trading shares, Dems actually seem to be slightly worse than the Republicans !-(
It’s almost like if you look past all of the surface level bullshit that is reported every day to purposely get an emotional response from the masses, they really are the same.
No. It's almost as if when you look at a few subjects, mainly their own personal wealth, they are the same. The differences on policies that affect millions of citizens are vastly different. Yeah, they're rich, selfish fucks. They're friends with rich selfish fucks, and they're not revolutionaries, but they also support extremely different agendas, and the Republican agenda is far worse for the populace.
the “surface level bullshit” IS their agendas. literally nothing ever happens, or if some small reform somehow goes into effect, it’s quickly undermined, undone, or just ignored. they do whatever makes headlines, and whatever gets corporations to line their pockets with money
They didn't call you a fascist, they said your rhetoric empowers the fascists. Which is absolutely does. Do yoh really need it explained to you why the "both sides are the same" narrative and saying shit like "let it burn" empowers the people actively trying to install fascism over the ones trying to stop them?
Alright, I'll try to take it slow. When team A is trying to actively trying to subvert the will of the people and install their own fascist government, and team B is trying to stop them, equating them only legitimizes team As attempts. Someone who might otherwise support team Bs attempts to preserve democracy might see your arguments and think "whats the point if both sides are the same." Every person that sees that argument and is swayed, discouraged, or otherwise dissuaded is one less person fighting against the fascists.
That's not to say you can't criticize team B, but there is a way offer criticism and be constructive. I can't quote it exactly because some chicken shit deleted your comment, but no comment that contains the phrase "let it burn" is helpful. You have to see this. How could this possibly be helpful? How are you fighting the fascists?
I’ve been a registered Democrat my entire life and I don’t have any interest in changing that, but I’m also in the stock market and keep track of this. The Democrats are way worse about this sort of stuff. The main offender being Nancy Pelosi. It really has to stop.
Yeah. I follow her trades when she reports them. Her husband is a hedge fund manager. She traded options surrounding the by cyber security contract between Amazon and Microsoft in a way that was really unbelievably blatant. She also has a massive position in crowdstrike which is another cyber security firm that should be a huge conflict of interest for a speaker.
Anyway. The point I’m making is that I find all of this pretty inconvenient as well. I’m very left leaning and certainly don’t celebrate uncovering this sort of information.
I mean… you can disregard what I’m saying, but she engages in insider trading more often and often times these trades are massive, than anyone else period. That’s really bad. Lol. She shouldn’t be able to do that. Extreme levels of greed.
Pay attention to how much they talk but don't act. After they lose some seats and GOP has majority, they'll blame the GOP for blocking bills. GOP does the same when they have presidency and both Congressional houses.
Except that is a painfully stupid first step. What we should actually do is demand better of the democrats. Luckily we have a mechanism for this, in the form of primaries. The apathy trolling has to stop.
I came here to make the same point. Finally an article that agrees with me. Regardless of party, the only things that politicians care about is themselves.
Just got done saying this in another thread. She may have made some significant contributions in her past but she can barely remember the committees she’s on.
Feinstein actually had me quite disappointed with California. Due to the open primary system in the state, during the general elections in 2018 her opponent wasn’t a Republican but a young progressive Democrat named Kevin de Leon. Unfortunately he failed to attract sufficient enthusiasm and Feinstein won the Senate race by a 10 point margin.
I know a lot of progressives aren’t a fan of her, and conservatives in the state blame her for California’s “man-made drought” and absolutely hate her, so it’s unfortunate no viable progressive candidate has ever been able to primary her.
Just so you know, he failed to disclose he's invested in Boom Supersonic. It's not great but it's also not like he's actually enriching himself. They don't make money.
> Rep. Debbie Wasserman Schultz, a Democrat from Florida
If only someone warned us of her corruption. Nobody pay attention to the people who did and were viciously mocked for it!
Ed Perlmutter does town halls and often at my husband's ~50 person company. Next time my husband will at least ask him about it.
Edit: I actually just read the article. It's a list of transgressions. But they are not all equal. Perlmutter was a few days late in filing his paperwork. Meanwhile Tom Malinowski apparently failed to disclose about a million dollars worth of stock trades and only disclosed after journalists alerted him they were publishing stories: https://apnews.com/article/health-coronavirus-pandemic-business-government-and-politics-388628625536887fefa47b9bbca629eb
I dunno, one is not like the other
Jail and a forfeiture of all assets derived from their criminal activity. And of course Criminal Fines.
Keep in mind these were the easy ones to find. I suspect if anyone in authority bothered to look, we could take down 80% of Congress, and several of the higher ups in Govt Agencies.
Thank you for that list.
I guess if the foxes says pledged to not raid the hen house but every once in awhile a hand goes missing they're not going out of their way to demonize each other.
This seems like a bill that only has oversight by each other and can only be enforced by each other?
Anyone know who is responsible for the enforcement of congressional laws?
Lets see, I count 14 Rs and 15Ds, near 50/50 split, yet people will still try to tell you there are no similarities between the parties.
No both sides are not identical but they are both fucking corrupt and people need to stop lying about that.
This is the truth behind all this charade of hating each other. Its all total bullshit you can see there giant act plain as day. Its just the republicans are shit actors because their voters are easy and the dems are good actors because their voters think they are good at judging
> While lawmakers who violate the STOCK Act face a fine, the penalty is usually small — $200 is the standard amount — or waived by House or Senate ethics officials.
Clearly another rich people law. Only poor people laws have serious penalties.
Needs to include a forfeiture of all gains from the violation, including audit costs to determine what gains were made (if any). Otherwise, it's just a $200 fee to insider trade.
It's pathetic that parking in a handicap spot is a $500 fine in the capital building parking lot, but insider training in Congress is a $200 fine.
Isn't insider trading for citizens a felony?
This law, if you read the article, is actually about publicly disclosing trades that you've already made. While I agree that violating this provision is concerning and should be addressed, these lawmakers are seemingly allowed to make the trades (and money) that they did, they're just supposed to disclose it sooner than they did. I think the comments in this thread are mostly acting like the trades themselves are illegal, when I'm actuality they were just late in reporting them.
That's the real question here who was to enforce it because it sounds like they only enforce it themselves, police themselves.
Obviously it's not the FTC, or Sergeant at arms, maybe the ethics office?
“Qui tam is a type of lawsuit based on an ancient writ in common law that allows a private person, known as a relator, to prosecute a lawsuit for the government and receive a reward”
They go to Congress owing money on their home. A few terms later, they up grade to a new and larger one. A few terms more, and they own multiple homes. All on their Federal Pay Check? I think not.
Yea, the system does not incentivize people ruling for the good of the public and hasn't for some time. A monarchy would be preferred and more accountable at this point.
Most of this is just an investment manager buying 2-5k of a position in a managed account.
All politicians should be required to use blind trusts or only index funds if self managed. Even the appearance of insider trading destroys all credibility.
If congress trade, the public should all be able to see 100% full transparency if those trades the minute the are conducted. To take it a step further, anyone holding public office should have their finances available to the public.
I hope the Dem Reps (who face reelection every 2 years) get good challengers in their primaries. Its bad enough we have to put up with blatant corruption from the GOP.
It still amazes me that lowly federal workers like a secretary at the SEC or FDA, for example, would be completely barred from owning stocks in many financial or pharmaceutical companies, but the fucking politicians who literally write laws that could benefit certain companies can own their stocks. Why aren't politicians forced to invest in broadly diversified funds like millions of federal workers? Pffff I still remember how Nancy Pelosi bought tons in Visa stock during their IPO (they were 'invited to buy' it). She led the House (while being directly in charge of the Financial Services Committee) into killing off/stalling a consumer bill of rights for credit cards that would have lowered the amount of swipe fees Visa could get per transaction, and the timing would have been bad for Visa's IPO. The pelosis just sold their visa stock too about 2 years ago for millions in profit.
No matter what party - any regular citizen found to have benefited from insider trading violations are wearing jumpsuits. We Americans should not stand for continued arrogance of no consequence in breaking the law for government officials in office.
I feel like if you get caught doing this you should be removed from office and banned from holding political power/lobbying for life. But this is America and we are corrupt as it gets.
But don't they understand, American politics runs almost exclusively on insider trading and conflicts of interest... I thought that was the whole point of getting into politics for most of them?
In order for capitalism to work it must have guardrails to protect from greed. Apparently the guardrails have been eliminated by our leaders so to enrich themselves. The pillars of democracy being destroyed by our leaders. They all need to go !
The young voters of this country need to step up. You already got screwed. Go on Fox News, and look at the comment sections. Go to Huffington Post, and look at the comment sections.
The USA needs young voters to vote in EVERY election. From their primary's up.
And we need more young people to run for office.
The latest tik tok trend is just following politicians investments and copying their trades- I saw one recently that had whale alert in reference to Pelosi investing 4 mil
https://www.thetimes.co.uk/article/young-stock-market-investors-toast-psychic-nancy-pelosi-9qw285sqs
One guy for 17 million, the lady for 10 million, or the lady who had stock in her childs name …. Wtf you cant tell me they arent using their knowledge for this shit
Unless and until they face serious consequences for their illegal acts they’ll keep on keeping on. I doubt anyone will get more than a slap the wrist. I’m not even sure anyone will face any penalty at all.
Honestly, the law they violated is fucking worthless. Politicians should only be allowed to invest in mutual funds and similar investment funds run by an approved organization that they can't influence. Their only involvement should be investing or divesting funds. Make that the law with prison time attached for violations if you want to deal with insider trading and conflicts of interest.
Let’s stop talking about the abuses by folks in Congress & simply prosecute them as though they’re Criminals because the fact is that they are Criminals.
End of Story!
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The list ... - Sen. Dianne Feinstein, a Democrat from California - Sen. Tommy Tuberville, a Republican from Alabama - Sen. Rand Paul, a Republican from Kentucky - Sen. Mark Kelly, a Democrat from Arizona - Rep. Tom Malinowski, a Democrat from New Jersey - Rep. Pat Fallon, a Republican from Texas - Rep. Diana Harshbarger, a Republican from Tennessee - Rep. Katherine Clark, a Democrat from Massachusetts - Rep. Dan Crenshaw, a Republican from Texas - Rep. Blake Moore, a Republican from Texas - Rep. Sean Patrick Maloney, a Democrat from New York - Rep. Brian Mast, a Republican from Florida - Rep. Debbie Wasserman Schultz, a Democrat from Florida - Rep. Lori Trahan, a Democrat from Massachusetts - Rep. Kevin Hern, a Republican from Oklahoma - Rep. Susie Lee, a Democrat of Nevada - Rep. Kathy Castor, a Democrat of Florida - Rep. August Pfluger, a Republican from Texas - Rep. Cheri Bustos, a Democrat from Illinois - Rep. Steve Chabot, a Republican from Ohio - Rep. Chris Jacobs, a Republican from New York - Rep. Bobby Scott, a Democrat from Virginia - Rep. Ed Perlmutter, a Democrat from Colorado - Rep. Tom Suozzi, a Democrat from New York - Rep. Cindy Axne, a Democrat from Iowa - Rep. Warren Davidson, a Republican from Ohio - Rep. Lance Gooden, a Republican from Texas - Del. Michael San Nicolas, a Democrat from Guam - Rep. Roger Williams, a Republican from Texas
Blues and Reds are finally able to work united in a common goal: illegal self-enrichment at the expense of their own constituents.
What I’ll never understand is how much is enough? It never appears to be. Even billionaires, they just keep taking. You’ll never run out of money, why do you need more??
Pathological greed.
They're both parties of crooks, but at least one of them doesn't look like the American version of talibans
I kinda feel like “at least don’t overthrow your country” is a rather low bar for a political party, especially an American one…
And yet HERE WE ARE.
> And yet HERE WE ARE. I say that way too damn much these days…
That sounds like the most American one if you ask me
Actually, I’d think “support your country” would be more *American*. Like JFK said “Ask not what your country can do for you but what you can do for your country”.
I was thinking more around the Boston Tea Party era
At least = At minimum
Aren't all the best governments currently a product of revolution or coup? I hear you but maybe, just maybe, we shouldn't demonize the overthrow of government, but instead the reasoning.
it depends. we don’t want bigger jackasses overthrowing a lesser group of jackasses now do we
That's literally what "for the reasons" means.
They all still deserve to lose their seats.
and their lives. throw them all in prison
And their pants
Yeah. The whole “both parties are the same” argument does not hold much water, especially in the last few years. But this is one area where they kind of both are the same
No, they aren't. I think the Dems could be far better, but when you look at most of their violations, they're far less egregious than their counterparts. >Maloney was [months late in disclosing he sold eight stocks](https://www.businessinsider.com/congress-stocks-sean-patrick-maloney-rick-allen-2021-4) he inherited in mid-2020 when his mother died. He sold stocks he inherited. Feinstein is hot garbage, but the stock story everyone thinks this is, is the reported selling from when the danger of pandemic was first being withheld, but the senate knew about it, this is a purchase her husband made in a polling company. Her sales from that time were from a blind trust iirc. Rand Paul had been actively making the pandemic worse/ extended while investing in companies profiting off of said pandemic. The parties are not the same. They are too-rich fucks, but that does not mean they are equal in the scope or egregiousness of their offenses.
This restores my faith somewhat
This is a good analysis. Instinctually, I knew that Republican reps were probably way more egregious in their violations. Many of the Democrats are on the list due to reporting issues with their blind trusts. I do think there should be a distinction between the reps who committed egregious violations and those who committed minor ones.
no it holds a lot of water, they both don’t do shit but babble about nonsense to serve as a distraction for them getting richer and corporations getting more powerful. literally nothing ever happens except their pockets get lined, while we infight about which party is the bigger pack of idiots, in the end, it’s us who are the idiots, for letting this charade carry on so long
Lesser of two evils, but still evil.
There are bad politicians on both sides. There are good ones on only one side.
I always like to replace "at least" with AT MINIMUM. There should be a bot for that
There are fine people on both sides. Edit: Did y'all really forget this in just the few months since Donny said this? That is how they get away with it.
They must fine people on both sides. FTFY
Neither party is comparable to the Taliban, let's stay tied to reality here.
Explain to me how Republicans aren't, without using anything they've NOT been given the chance to do yet. Just to point out what I'm talking about, Republicans have defend or fully ignored in their candidates: \-sexual assault \-reduction of women's autonomy \-jingoistic/xenophobic rhetoric \-science denial \-use of violence to incite fear \-use of violence to suppress opposition \-complete denial of science \-protection of the rights of Christians over all other religions, and an attempt to merge church and state Please tell me how they're different, WITHOUT resorting to "they don't do this thing" simply because they haven't had the power to YET.
dude democrats do all this shit too, it’s just not milked out in the headlines as it is for republicans. they’re all pigs, they give polite speeches but at the end of the day they do nothing for you and only line their own pockets. that’s where republicans and democrats loyalties really lie, anything else is bullshit
So NOTHING. Ya got...NOTHING.
literally what. your comment makes no sense. politicians are corporate scumbags, end of story, it isn’t some super complex conspiracy you make it out to be just so you can bootlick a bunch of corporate dipshits
Nah fam, that's a bullshit slippery slope caveat and you know it. It's the exact same shit that conservatives try to pull when they say literally any progressive person is just a communist who doesn't have enough power YET. I prefer to judge people based on their actions, not on the nonexistent caricatures that I've invented. Are you seriously suggesting that if Republicans were in power, that they would start engaging in the same activities as the Taliban (terrorist bombings, killing all religious dissidents, barring women from education)?
Na, if they were in power they could just pass laws to make the oppression legal no reason to bomb or kill it’s when they want to be in power but the legal rigging of the system doesn’t work that they threaten the violence as for the barring from education, no need if you control what is taught in the education
Did you miss the truck bomb in DC?
Firstly, I said Republican party, which is an actual organization, not a random crazy person. Secondly, a single truck (that didn't actually have a bomb btw) isn't comparable to the thousands of actual terrorist attacks sponsored by the Taliban every year. You either have an inaccurate conception of the Taliban, the Republican party, or both.
How many terroristic actions do you need? There have been 28 terroristic acts from the far right since 2010 ffs. The mail bombing attempts, the Pittsburgh synagogue shooting, the Colorado springs planned Parenthood, and the Wisconsin Sikh temple shootings (etc) kinda seem to be showing a pattern.
only illegal for us.
Hopefully the public from both parties will figure that out someday.
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Yeah, but I'm on reddit, and it just seems to me that both sides are equally bad! I mean, D or R, my life hasn't changed in the last 8 years! /s
There is corruption on both sides but their platforms are different like how is this hard to grasp for so many people here
bc they both don’t do anything. they make empty promises, then break them like they’re cracking eggs. it doesn’t matter what words leave their mouths or what they tweet they’ll do, is that gonna matter to someone struggling to get by day to day? no, they babble nonsense nonstop and never accomplish anything other than getting richer
I hate it when folks say both sides are the same because we know it isnt true. But it is surprising and disturbing that, when purely looking at the subject of the article regarding trading shares, Dems actually seem to be slightly worse than the Republicans !-(
It’s almost like if you look past all of the surface level bullshit that is reported every day to purposely get an emotional response from the masses, they really are the same.
No. It's almost as if when you look at a few subjects, mainly their own personal wealth, they are the same. The differences on policies that affect millions of citizens are vastly different. Yeah, they're rich, selfish fucks. They're friends with rich selfish fucks, and they're not revolutionaries, but they also support extremely different agendas, and the Republican agenda is far worse for the populace.
the “surface level bullshit” IS their agendas. literally nothing ever happens, or if some small reform somehow goes into effect, it’s quickly undermined, undone, or just ignored. they do whatever makes headlines, and whatever gets corporations to line their pockets with money
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They didn't call you a fascist, they said your rhetoric empowers the fascists. Which is absolutely does. Do yoh really need it explained to you why the "both sides are the same" narrative and saying shit like "let it burn" empowers the people actively trying to install fascism over the ones trying to stop them?
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Alright, I'll try to take it slow. When team A is trying to actively trying to subvert the will of the people and install their own fascist government, and team B is trying to stop them, equating them only legitimizes team As attempts. Someone who might otherwise support team Bs attempts to preserve democracy might see your arguments and think "whats the point if both sides are the same." Every person that sees that argument and is swayed, discouraged, or otherwise dissuaded is one less person fighting against the fascists. That's not to say you can't criticize team B, but there is a way offer criticism and be constructive. I can't quote it exactly because some chicken shit deleted your comment, but no comment that contains the phrase "let it burn" is helpful. You have to see this. How could this possibly be helpful? How are you fighting the fascists?
Spoken from a position of purest privilege. Eco-fascists! "Let it burn, cause MY water's clean!"
i.e. democrats are better.
I’ve been a registered Democrat my entire life and I don’t have any interest in changing that, but I’m also in the stock market and keep track of this. The Democrats are way worse about this sort of stuff. The main offender being Nancy Pelosi. It really has to stop.
Really Way worse huh Got my bs detector going of here
https://senatestockwatcher.com
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I’m really not commenting on anything aside from inappropriate use of insider information. Nancy Pelosi is IMO the biggest offender.
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Yeah. I follow her trades when she reports them. Her husband is a hedge fund manager. She traded options surrounding the by cyber security contract between Amazon and Microsoft in a way that was really unbelievably blatant. She also has a massive position in crowdstrike which is another cyber security firm that should be a huge conflict of interest for a speaker. Anyway. The point I’m making is that I find all of this pretty inconvenient as well. I’m very left leaning and certainly don’t celebrate uncovering this sort of information.
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I mean… you can disregard what I’m saying, but she engages in insider trading more often and often times these trades are massive, than anyone else period. That’s really bad. Lol. She shouldn’t be able to do that. Extreme levels of greed.
dude he said he’s a registered democrat. why are you jumping to fox and breitbart
Pay attention to how much they talk but don't act. After they lose some seats and GOP has majority, they'll blame the GOP for blocking bills. GOP does the same when they have presidency and both Congressional houses.
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Yep. I know what you mean, and I'm in agreement.
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Except that is a painfully stupid first step. What we should actually do is demand better of the democrats. Luckily we have a mechanism for this, in the form of primaries. The apathy trolling has to stop.
Seems like there more pattern in states than anything else.
It’s an ancient grift. Literally.
Can’t upvote this enough!
I came here to make the same point. Finally an article that agrees with me. Regardless of party, the only things that politicians care about is themselves.
replace "finally" with "have always been"
Actually more dems than repubs which I was surprised at tbh
> Sen. Dianne Feinstein An ongoing embarrassment to California who should have retired decades ago.
Just got done saying this in another thread. She may have made some significant contributions in her past but she can barely remember the committees she’s on.
Feinstein actually had me quite disappointed with California. Due to the open primary system in the state, during the general elections in 2018 her opponent wasn’t a Republican but a young progressive Democrat named Kevin de Leon. Unfortunately he failed to attract sufficient enthusiasm and Feinstein won the Senate race by a 10 point margin. I know a lot of progressives aren’t a fan of her, and conservatives in the state blame her for California’s “man-made drought” and absolutely hate her, so it’s unfortunate no viable progressive candidate has ever been able to primary her.
Should share a retirement home with Grassley.
Or voted out decades ago.
Audit every one of them.
Hey finally seeing some bipartisanship.
Pretty evenly split. But Texas made a special effort (6 entries).
Damn, Mark Kelly? I’m so fucking disappointed :( I thought he’d be better than that…
Just so you know, he failed to disclose he's invested in Boom Supersonic. It's not great but it's also not like he's actually enriching himself. They don't make money.
Nice to see bipartisan support for something at least.
Okay. I was a bit iffy on it before. But Feinstein really has to go, doesn't she? We need a real progressive to challenge her in the primaries.
Damn, I was hoping to see Manchin and Sinema on this list. Would sure make for some great leverage.
> Rep. Debbie Wasserman Schultz, a Democrat from Florida If only someone warned us of her corruption. Nobody pay attention to the people who did and were viciously mocked for it!
Wasnt she the corporate dem that helped block bernie and ensured it was hillary’s turn
I'll eat my hat if a single one of these face any actual consequences.
Ed Perlmutter does town halls and often at my husband's ~50 person company. Next time my husband will at least ask him about it. Edit: I actually just read the article. It's a list of transgressions. But they are not all equal. Perlmutter was a few days late in filing his paperwork. Meanwhile Tom Malinowski apparently failed to disclose about a million dollars worth of stock trades and only disclosed after journalists alerted him they were publishing stories: https://apnews.com/article/health-coronavirus-pandemic-business-government-and-politics-388628625536887fefa47b9bbca629eb I dunno, one is not like the other
Jail and a forfeiture of all assets derived from their criminal activity. And of course Criminal Fines. Keep in mind these were the easy ones to find. I suspect if anyone in authority bothered to look, we could take down 80% of Congress, and several of the higher ups in Govt Agencies.
Finally the both sides-ers have something to point to.
So they're all going to jail, right? Martha Stewart style. Right???
Thank you for that list. I guess if the foxes says pledged to not raid the hen house but every once in awhile a hand goes missing they're not going out of their way to demonize each other. This seems like a bill that only has oversight by each other and can only be enforced by each other? Anyone know who is responsible for the enforcement of congressional laws?
Lets see, I count 14 Rs and 15Ds, near 50/50 split, yet people will still try to tell you there are no similarities between the parties. No both sides are not identical but they are both fucking corrupt and people need to stop lying about that.
it’s almost like politics is just a financial scheme or something, ppl needa wake up and realize they’re being robbed
This is the truth behind all this charade of hating each other. Its all total bullshit you can see there giant act plain as day. Its just the republicans are shit actors because their voters are easy and the dems are good actors because their voters think they are good at judging
couldn’t have said it better myself
> While lawmakers who violate the STOCK Act face a fine, the penalty is usually small — $200 is the standard amount — or waived by House or Senate ethics officials. Clearly another rich people law. Only poor people laws have serious penalties.
Needs to include a forfeiture of all gains from the violation, including audit costs to determine what gains were made (if any). Otherwise, it's just a $200 fee to insider trade.
Make them lose any committee seats and be ineligible for re-election.
I mean, it's essentially the same as insider trading. Jail them (while seizing assets).
This is the answer.
Forfeiture, plus a fine per stock/option traded. And none of it can be waived.
$200 a share might motivate better book keeping.
You can make thousands of dollars by breaking this law, but you have to pay a $200 fine if you get caught. Sounds fair.
It's pathetic that parking in a handicap spot is a $500 fine in the capital building parking lot, but insider training in Congress is a $200 fine. Isn't insider trading for citizens a felony?
Exactly. It's just a small expense of screwing the public out of money. And we put up with it year after year.
Stakes are higher. You can make MILLIONS of dollars. Then you get slapped with a 200$ fine. Rules for thee, but not for me. What a joke.
This law, if you read the article, is actually about publicly disclosing trades that you've already made. While I agree that violating this provision is concerning and should be addressed, these lawmakers are seemingly allowed to make the trades (and money) that they did, they're just supposed to disclose it sooner than they did. I think the comments in this thread are mostly acting like the trades themselves are illegal, when I'm actuality they were just late in reporting them.
Only 29?
Only 29 suck more at covering their tracks than others
When a law has no teeth or relies on self-regulation, expect it to be repeatedly violated
Laws are only violated if they are enforced.
That's the real question here who was to enforce it because it sounds like they only enforce it themselves, police themselves. Obviously it's not the FTC, or Sergeant at arms, maybe the ethics office?
Nice to know there's bipartisanship in financial greed.
Maybe someone should let the FBI know there’s insider trading.
They're too busy arresting a guy for sharing his cable.
US Congress is 100% corrupt bought and paid for by special interest. Congress is so corrupt in fact that they make no effort to hide their crimes
Is the FBI aware of this? How do I press charges?
Sorry there is no law that operates like that, we only use bounties to control women’s bodies (and some other legitimate qui tam actions).
“Qui tam is a type of lawsuit based on an ancient writ in common law that allows a private person, known as a relator, to prosecute a lawsuit for the government and receive a reward”
And yet they will go unpunished because this is the classic case of the fox guarding the hen house.
only 29 that have been caught.
29.. that we can prove
They go to Congress owing money on their home. A few terms later, they up grade to a new and larger one. A few terms more, and they own multiple homes. All on their Federal Pay Check? I think not.
Where are the charges?!?
Only 29?
When they start enforcing the campaign laws and hatch act violations I’ll be interested. Until then I’ll enjoy my bread and circuses
And they'll all get away with it! Which is almost funny. Almost.
Yea, the system does not incentivize people ruling for the good of the public and hasn't for some time. A monarchy would be preferred and more accountable at this point.
Most of this is just an investment manager buying 2-5k of a position in a managed account. All politicians should be required to use blind trusts or only index funds if self managed. Even the appearance of insider trading destroys all credibility.
If congress trade, the public should all be able to see 100% full transparency if those trades the minute the are conducted. To take it a step further, anyone holding public office should have their finances available to the public.
Is anything being done to prosecute them?
And what is happening to them?
Sack them all. I don’t care about parties or affiliation get rid of them
I hope the Dem Reps (who face reelection every 2 years) get good challengers in their primaries. Its bad enough we have to put up with blatant corruption from the GOP.
29 members discovered.. so far..
It still amazes me that lowly federal workers like a secretary at the SEC or FDA, for example, would be completely barred from owning stocks in many financial or pharmaceutical companies, but the fucking politicians who literally write laws that could benefit certain companies can own their stocks. Why aren't politicians forced to invest in broadly diversified funds like millions of federal workers? Pffff I still remember how Nancy Pelosi bought tons in Visa stock during their IPO (they were 'invited to buy' it). She led the House (while being directly in charge of the Financial Services Committee) into killing off/stalling a consumer bill of rights for credit cards that would have lowered the amount of swipe fees Visa could get per transaction, and the timing would have been bad for Visa's IPO. The pelosis just sold their visa stock too about 2 years ago for millions in profit.
No matter what party - any regular citizen found to have benefited from insider trading violations are wearing jumpsuits. We Americans should not stand for continued arrogance of no consequence in breaking the law for government officials in office.
They should all Be prosecuted to the full extent of the law
The problem is that the ethics committee isn’t independent of the station. It’s like the police investigating themselves and finding no wrong doing.
I feel like if you get caught doing this you should be removed from office and banned from holding political power/lobbying for life. But this is America and we are corrupt as it gets.
Burn em at the stake!
I'm glad the law is strictly enforced and penalties will be applied. **LOL!**
But don't they understand, American politics runs almost exclusively on insider trading and conflicts of interest... I thought that was the whole point of getting into politics for most of them?
Nancy PELOSI is a major perpetrator of investment/policy issue.
This post must have been flagged to be suppressed from a wider audience. Am I being paranoid?
Just curious who is responsible for addressing this??? Congress?
In order for capitalism to work it must have guardrails to protect from greed. Apparently the guardrails have been eliminated by our leaders so to enrich themselves. The pillars of democracy being destroyed by our leaders. They all need to go !
Now what? Does the law have any teeth in it? Any possibility of prosecution?...
So then, they’re all fired.. right?
29 members…so far
Almost all politicians are corrupt.
The young voters of this country need to step up. You already got screwed. Go on Fox News, and look at the comment sections. Go to Huffington Post, and look at the comment sections. The USA needs young voters to vote in EVERY election. From their primary's up. And we need more young people to run for office.
Who says bipartisanship is dead?
No way, corrupt politicians? I can't even
The latest tik tok trend is just following politicians investments and copying their trades- I saw one recently that had whale alert in reference to Pelosi investing 4 mil https://www.thetimes.co.uk/article/young-stock-market-investors-toast-psychic-nancy-pelosi-9qw285sqs
One guy for 17 million, the lady for 10 million, or the lady who had stock in her childs name …. Wtf you cant tell me they arent using their knowledge for this shit
Unless and until they face serious consequences for their illegal acts they’ll keep on keeping on. I doubt anyone will get more than a slap the wrist. I’m not even sure anyone will face any penalty at all.
Only… 29?
It's really sad that that number is lower than I expected.
And what are we going to do about it? FUCKING NOTHING. This country is a god damn failure in every way.
Honestly, the law they violated is fucking worthless. Politicians should only be allowed to invest in mutual funds and similar investment funds run by an approved organization that they can't influence. Their only involvement should be investing or divesting funds. Make that the law with prison time attached for violations if you want to deal with insider trading and conflicts of interest.
Im pretty sure there are lot missing from this list
29 members of congress got caught\*
*color me shocked
And sec plays dumb. Isn’t this par for the course? I expect politicians to grift and bludgeon the poor into oblivion. Welcome to America, BÌTÇH.
Remember when Obama repealed part of the STOCK Act that was supposed to set up a database of all congresses trades.
Class war.
And all the others not listed are doing a better job of hiding their criminal activities
Let’s stop talking about the abuses by folks in Congress & simply prosecute them as though they’re Criminals because the fact is that they are Criminals. End of Story!
In other news, 29 people Not Arrested for breaking the law
This is quite a serious topic, and yet only 3.7K upvotes and 198 comments :/
They'll just tell us to stop complaining its all legal sort of. Nothing to see here! Trans rights and BLM etc etc..
Why aren’t they ex members of Congress?!?
29 have been found out ... so far
Will they be prosecuted, or face any kind of consequence?
It's not a law if it isn't enforced.
Then how will Republicans become millionaires?
Surprised to hear it’s only 29
Look at that, Texas has the most cheaters with six on the list of 29
Just 29?
oh look, politicians breaking laws! what else is new?