3 ms·
The repeal of Citizens vs United was one major dagger in the lung of democracy. A stock ban is some nice grandstanding but if they were truly serious, they'd r
by imglorp 1y ago
The repeal of Citizens vs United was one major dagger in the lung of democracy.
A stock ban is some nice grandstanding but if they were truly serious, they'd remove money from politics.
- bee_rider 1y agoIt doesn’t solve every problem, but it is a nice step forward. Don’t let perfect be the enemy of good and all that.
- cogman10 1y agoI actually disagree. Federal employees have more strict stock regulations and yet we still see problems with private influence on the government. The issue is our bribery laws are ridiculously weak. It's not illegal for your pals at Nestle to pay you 10x for your house or send your kids to college. Stock is fairly public knowledge and you owning shares in Nestle doesn't do nearly as much to influence the laws you write regulating Nestle. You can always dump the stock before sending the laws out of committee. The one positive of banning congressional stock trading is that at least it might make congressional people more sensitive to the broad market.
- threetonesun 1y agoMake your own crypto coin, maybe do a few press conferences about it and how great it is. If you find yourself in a situation where you might be legally immune to any prosecution, maybe just outright state that buying said asset will get you favoritism.
- cogman10 1y agoCrypto isn't stock. But yes, I'd support outright banning crypto, especially for Congress. WAAAAY to easy to spin up a new coin that effectively works as money laundering. That's a much worse scenario than stock currently is. It's a lot harder to create new stock.
- votepaunchy 1y agoThen it’s time for a constitutional convention. Article V. Two-thirds of the states (a lower threshold than to pass the amendment).
- 0cf8612b2e1e 1y agoA constitutional convention would be terrible. Our already purchased politicians would dispose of many protections. Does the 14th amendment survive? 19th? Maybe bibles become required equipment in classrooms. Anything becomes open for editing during a convention.
- matthewdgreen 1y agoWe’re already on the verge of eliminating birthright citizenship, with the Supreme Court’s blessing. This is a major and pretty unequivocal clause of the 14th amendment. If they can do that, then none of the other amendments are going to matter either.
- curt15 1y ago1st would be the first to go. Can't have pesky dissent. Trump is on record praising how the CCP crushed the Tiananmen Square protests.
- westpfelia 1y agoUntil this ACTUALLY passes and is rattified I these talks dont even get me excited. Its been tried so many times. Today is just Hawley's turn to grand stand. Just before it gets strangled in the crib, and then in 2 years it will be someone elses turn.
- twright 1y ago*the ruling of Citizens United vs FEC. For those unaware of it here’s a great podcast episode summarizing how it’s really cooked everything in politics: https://www.fivefourpod.com/episodes/citizens-united-v-fec/ https://www.fivefourpod.com/episodes/citizens-united-v-fec/
- bitlax 1y ago"A podcast about how much the supreme court sucks" Enh
- sjsdaiuasgdia 1y agohttps://jabberwocking.com/clarence-thomas-has-received-a-ton-of-gifts-while-on-the-supreme-court/ https://jabberwocking.com/clarence-thomas-has-received-a-ton... There is a lot of suckage on the Supreme Court to talk about.
- bitlax 1y ago[flagged]
- sjsdaiuasgdia 1y ago[flagged]
- dang 1y ago
- fernmyth 1y agoThis will make lobbying more powerful. If you can’t make money from insider trading, you have one less alternative to accepting bribes. I’d rather require insider trading than ban it.
- fn-mote 1y agoI completely disagree with the idea of justifying one unethical action by promoting another. Insider trading steals money from people who are not involved with politics at all... stock owners. At least lobbyist money is voluntarily given.
- potato3732842 1y agoI personally think killing earmarks was just as bad. It removed a key avenue for congressmen to do the "right thing" in defiance of the party line while still remaining safe on the reelection cycle. These days there's a ton more party-managed back room vote trading and whatnot and the legislators are substantially less free to be reasonable.
- jaredklewis 1y agoYea, let's not make anything better until we can solve all of our problems all at once.