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I agree. Their wealth should be in a blind trust (unless they run the company or farm or whatever).
by diebeforei485 6y ago
I agree. Their wealth should be in a blind trust (unless they run the company or farm or whatever).
- frankfrankfrank 6y agoI am not at all opposed to this strategy either, but as you seem to imply, it would really need to be hardened against other corruption and schemes like that the blind trust has to be run by the same government office. It is why I like the fact that they just have to announce their stock trades ahead of time, it still allows them autonomy, but also there is no sense in front running them if they are not trading on insider knowledge. Their performance should essentially be in line with the market, not like Mr. Gottheimer that seems to have tripled his net worth in FY2020.