3 ms·

I am sure we could find some Members who think this number inadequate. that number could fund about 8 people's salary per year, is that enough staff to do the j

I am sure we could find some Members who think this number inadequate. that number could fund about 8 people's salary per year, is that enough staff to do the job? I don't know

paulcole 4y ago
Did you mean to reply to me here? I was trying to clear up your confusion that staff (and other expenses) were paid out of a congresspersons $150,000 salary (which is also a bit higher than that btw).
- tootallgavin 4y ago
  I am not particularly confused about the salary though I see how my comment point to that. I am trying to assert that political machines require money. Taxpayer money is one avenue the stock market is another. I am also saying that the money allocated, by taxpayer money, may not be enough. One way to alleviate this tension is investing in the stock market. If I am not mistaken, if this ban passes, would they not also vote to increase their salaries? (I would think so, because a source of income was made illegal) So, to conclude, I don't want to give more money to politicians. Let them make money in the stock market and actually enforce the laws already in place that governs their trades.
  - paulcole 4y ago
    > I am also saying that the money allocated, by taxpayer money, may not be enough What is this hunch based on, given that you didn't know they had another $1,000,000+ to spend?
    - tootallgavin 4y ago
      > What is this hunch based on Politicians trade stocks
      - paulcole 4y ago
        Homer: Aw, twenty dollars? I wanted a peanut! Homer's Brain: Twenty dollars can buy many peanuts. Homer: Explain how! Homer's Brain: Money can be exchanged for goods and services.
        tootallgavin 4y ago
        Paul: Aw, what do I do with all this money? My purse is so small! Mr. Cole: That money could be put to use, to gain more money. Paul: Explain how! Mr. Cole: Money can be exchanged for stocks and bonds. The value of these securities shifts over time. Performing analysis on these securities can help you produce probabilities on how the value may change.
dragonwriter 4y ago
> that number could fund about 8 people's salary per year, At the first-ever minimum salary for Congressional (non-intern) staff (which actually doesn't go into effect until September), it could actually pay the salary for 22 people with a little left over. And lots of work is done by interns, who now do get some pay ($20k is allocated to each House office and $50k to each Senate office of this purpose annually), but not much. (Yes, any private employer doing this would have the Labor Department all over them for wage and hour violations. Guess who those rules don't apply to?)

I am sure we could find some Members who think this number inadequate. that number could fund about 8 people's salary per year, is that enough staff to do the job? I don't know

paulcole 4y ago

Did you mean to reply to me here? I was trying to clear up your confusion that staff (and other expenses) were paid out of a congresspersons $150,000 salary (which is also a bit higher than that btw).

tootallgavin 4y ago
I am not particularly confused about the salary though I see how my comment point to that. I am trying to assert that political machines require money. Taxpayer money is one avenue the stock market is another. I am also saying that the money allocated, by taxpayer money, may not be enough. One way to alleviate this tension is investing in the stock market. If I am not mistaken, if this ban passes, would they not also vote to increase their salaries? (I would think so, because a source of income was made illegal) So, to conclude, I don't want to give more money to politicians. Let them make money in the stock market and actually enforce the laws already in place that governs their trades.
- paulcole 4y ago
  > I am also saying that the money allocated, by taxpayer money, may not be enough What is this hunch based on, given that you didn't know they had another $1,000,000+ to spend?
  - tootallgavin 4y ago
    > What is this hunch based on Politicians trade stocks
    - paulcole 4y ago
      Homer: Aw, twenty dollars? I wanted a peanut! Homer's Brain: Twenty dollars can buy many peanuts. Homer: Explain how! Homer's Brain: Money can be exchanged for goods and services.
      - tootallgavin 4y ago
        Paul: Aw, what do I do with all this money? My purse is so small! Mr. Cole: That money could be put to use, to gain more money. Paul: Explain how! Mr. Cole: Money can be exchanged for stocks and bonds. The value of these securities shifts over time. Performing analysis on these securities can help you produce probabilities on how the value may change.

dragonwriter 4y ago

> that number could fund about 8 people's salary per year, At the first-ever minimum salary for Congressional (non-intern) staff (which actually doesn't go into effect until September), it could actually pay the salary for 22 people with a little left over. And lots of work is done by interns, who now do get some pay ($20k is allocated to each House office and $50k to each Senate office of this purpose annually), but not much. (Yes, any private employer doing this would have the Labor Department all over them for wage and hour violations. Guess who those rules don't apply to?)