On 10-08-23 11:07, Ib Joe <=-
spoke to All about Matt Gaetz <=-
I was on X and and was looking at some of the changes he
wants to see congress supporting....
Just to name a few....
Congress cannot trade stocks...
12 year term limits...At 12 years, a senator is just getting traction. Up that number to 24
A ban on political donations from lobbyists or PACs...
Congress cannot trade stocks...
I might assume that you mean members of Congress.
I can support that, but don't expect that members of Congress will.
12 year term limits...At 12 years, a senator is just getting traction. Up that number to 24
for Senate, and I might agree -- but would still be luke warm on the concept of term limits.
A ban on political donations from lobbyists or PACs...
YES!
Congress cannot trade stocks...
I would expand this somehow to "and spouses of" but I am not sure how
that would work. I am convinced that Mr. Nancy Pelosi got all sorts of inside info regarding what Congress was up to and based his investments accordingly.
I was on X and and was looking at some of the changes he
wants to see congress supporting....
Just to name a few....
Congress cannot trade stocks...
I might assume that you mean members of Congress.
I can support that, but don't expect that members of Congress will.
12 year term limits...
At 12 years, a senator is just getting traction. Up that number to 24 for Senate, and I might agree -- but would still be luke warm on the concept of
term limits.
A ban on political donations from lobbyists or PACs...
YES!
Well, Nancy Peloci can create laws on semiconductors and her husband goes and b
ys a bunch of semiconductor stocks just days before the announcement... there w
uld be easy connections between family members trade... I have seen the industr
folks go down for less... I say use the industry standards on them... Just mov
e your assets into a blind trust and move on....
I was aware of how he likely got the insider info, just not sure how they could prove it. Industry standards are a start. If I were married to a Congressperson, I think I would want to have my assets somewhere "clean" where there could be no doubt that there was no funny business.
That is probably why I am not, and will never be, a member of "the
elite!"
IB Joe wrote to Mike Powell <=-
They have their ways in the private industry... If you over hear something... a janitor or secretary and make trades on that you'll be fined 3X the profit and possibly go to jail.... As it comes to our
leaders it's an easy one... if their family stock trades start to correlate the lawmaker's lawmaking then the same thing applies.
Join congress... U'll be rich in no time..
And how hard would it be to contact with stock trading company to handle this stuff.
"Here's my stocks. You guys trade them and take 10% off any profit you make, but I don't get to tell you what to do until I - or my family
member - is out of office."
Don't people use trading companies all the time?
Another reason the Elitists don't want Trump in office: he'll
investigate how they became millionaires on gov't salaries.
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