It doesn’t even matter because Congresspeople can “insider” trade like this —- it’s not illegal.
I think Sen Gillibrand has a bill to address this called the STOCKS Act which she introduces every Congress but it never goes anywhere.
I think Sen Gillibrand has a bill to address this called the STOCKS Act which she introduces every Congress but it never goes anywhere.
We keep hearing so many stories, I honestly believe that Gillibrand could be working on a new bill with an appended 'S'; hoping it somehow changes something.
Our political system here in the U.S.A. is kinda fubar isn't it...
I'll be curious if they ever work out a definition for "benefit" here.
[0]: https://www.gillibrand.senate.gov/news/press/release/icymi-g...
https://www.npr.org/sections/itsallpolitics/2013/04/16/17749...
Putting in laws are only as useful as them getting actually enforced.
Oh God.
I'm learning a lot about this I didn't know tonight, thanks.
Ironically, as someone who would like government to employ smarter and more successful people, I'm left wondering how much of their finances we can and should expose. But given how corrupt things seem it feels like we still need to push on this.
Now before I start trying to imagine a way two high power congress members could game the public information requirements between each other, I should go to sleep.
Any time you get stories like these implying that one side and only one side has corruption on it, you need to look real close because it's almost certainly a load of biased baloney.
This specific article isn't a good example and should not be used an argument towards that end.
But what I was getting at is that is that we shouldn’t have or even try to have rules for every single thing an elected official can or can’t do. It’s not a good way of running a system of government.
Elected officials should be accountable to their whole electorate. But instead, they are accountable only to their core constituency, everybody else be damned. And their constituency doesn’t care about effective government, only about absurd ideological issues they’ve been whipped into caring about by a collaborative media.