2 ms·
There was a quip about this along the lines of legislators playing the market was like letting referees make bets on their own games, even while they were being
by motohagiography 5y ago
There was a quip about this along the lines of legislators playing the market was like letting referees make bets on their own games, even while they were being played.
In the case of legislators, it's something to tolerate until it gets out of hand, but when their returns are better than professional hedge funds, it undermines the legitimacy of the institution they're employed to operate on our behalf.