4 ms·
I have no problem with lawmakers making stock trades, but you can certainly argue that it is immediately made public. To be fair, there are probably edge condi
by ArchStanton 5y ago
I have no problem with lawmakers making stock trades, but you can certainly argue that it is immediately made public. To be fair, there are probably edge conditions where a congressman has direct control over the financial realities of a publicly related company.
I think the more heinous cases are lawmakers becoming lobbyists and (worse) lawmakers making huge bucks on public speaking which is a very thinly veiled bit of influence peddling. Believe me, the Clintons didn't get paid $153M to give short speeches. (https://www.cnn.com/2016/02/05/politics/hillary-clinton-bill-clinton-paid-speeches/index.html https://www.cnn.com/2016/02/05/politics/hillary-clinton-bill... )
I suppose when you get down to it, as government becomes more powerful it becomes more gameable.
- bencollier49 5y agoCame here to say the same thing. Trades by lawmakers should be instantaneously public.