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I like how when people talk about corruption they think about Nancy Pelosi or some other congressman/senator making couple million $ on the stock market over th

I like how when people talk about corruption they think about Nancy Pelosi or some other congressman/senator making couple million $ on the stock market over their entire careers due to insider trading. Just last week Trump made a bet of around $1B on the price of oil going down before doing a fake announcement.

lazide 5mo ago
Nancy pelosi’s net worth is around a quarter billion dollars, most of it attributable to insider trading.
xienze 5mo ago
> I like how when people talk about corruption they think about Nancy Pelosi or some other congressman/senator making couple million $ on the stock market over their entire careers due to insider trading So, two things. First, she's made quite a bit more than a few million dollars. Second, she's been an example of being a "suspiciously good trader" for years and years and years. Has anything happened to her? Republicans talk about her and do nothing about it. Democrats say it's a conspiracy theory. The behavior has quite clearly been normalized.
markus_zhang 5mo ago
I think corruption happens long ago before Trump. I’m thinking more on the inequality of wealth and how a smaller percentage of people takes a bigger share of the wealth since I don’t know when. Trump is in fact the symptom of that corruption and part of the reason people elected him. But he definitely makes it worse especially in his second presidency. Nowadays super riches run the show and even the illusion of democracy is gone. Another thought: many political elites are probably waiting and pushing for Trump to fail to take over. It is us who are going to suffer.
andrepd 5mo ago
I too wonder why "Nancy Pelosi" has become basically synonymous with Congress insider trading when she's not even close to the top of the list among congresspeople.
- SlinkyOnStairs 5mo ago
  Sexism will play a role, but a big part of the reason why Pelosi gets so much flak is that she did nothing to stop it when the democrats were in charge, thus directly paving the way to the current shitshow.
  - deleted 5mo ago
    [deleted]
- Arkhaine_kupo 5mo ago
  You really need to wonder? The 10 best performing historical congress people stocks are all republican,a ll men, all funded by lobbys like heritage foundation... But the face of insider trading becomes a democrat and a woman Its sooo diffcult to guess why it happened
  - koolba 5mo ago
    [flagged]
    - diabeetusman 5mo ago
      Be kind. Don't be snarky. Converse curiously; don't cross-examine. Edit out swipes. Comments should get more thoughtful and substantive, not less, as a topic gets more divisive.
  - codemog 5mo ago
    You’re going to make this a gender and party issue huh? Surprised skin color wasn’t brought up too. Yep, we deserve what we get.
    - deleted 5mo ago
      [deleted]
    - Arkhaine_kupo 5mo ago
      What other reason is there for an otherwise unremarkable character to become the public face of the issue for years? Chuck Schumer is the whip of the party, as mentioned she isnt even top 10 in performance, her party didnt legalise the activity, other members are aggresive in their pursuit of insider trading information (MTG was part of the most committees during her tenure, but she skipped almost all votes after that, she just wanted the scoop adn then bolted) ... So why her? The most common excuse is "well people demand more of dems because everyone knows republicans are crooks", which doesnt explain why more senior leaders, ex presidents etc are the ones hounded instead of her. how ever surveys by lobbys like the ones owned by the Koch brothers show which politicians people find unlikeable. Unsurprsingly many are unremarkable women, just like Nancy, which makes them easy targets for public campaigns in favour or against. If you name the most talked about politicans of the past 20 years, outside of the pres (Obama, Biden, Trump) you get mostly women (Sarah Palin, Kamala Harris, Nancy Pelosi, AOC, MTG, Kristi Noem, Laurent Bobert) that is not a coincidence and it explains why no one could pick Schumer, who is senior leadership, in a police line up but can tell you the many dogs Kristi killed
IncreasePosts 5mo ago
There's absolutely zero evidence Trump was behind those oil trades.

lazide 5mo ago

Nancy pelosi’s net worth is around a quarter billion dollars, most of it attributable to insider trading.

xienze 5mo ago

> I like how when people talk about corruption they think about Nancy Pelosi or some other congressman/senator making couple million $ on the stock market over their entire careers due to insider trading So, two things. First, she's made quite a bit more than a few million dollars. Second, she's been an example of being a "suspiciously good trader" for years and years and years. Has anything happened to her? Republicans talk about her and do nothing about it. Democrats say it's a conspiracy theory. The behavior has quite clearly been normalized.

markus_zhang 5mo ago

I think corruption happens long ago before Trump. I’m thinking more on the inequality of wealth and how a smaller percentage of people takes a bigger share of the wealth since I don’t know when. Trump is in fact the symptom of that corruption and part of the reason people elected him. But he definitely makes it worse especially in his second presidency. Nowadays super riches run the show and even the illusion of democracy is gone. Another thought: many political elites are probably waiting and pushing for Trump to fail to take over. It is us who are going to suffer.

andrepd 5mo ago

I too wonder why "Nancy Pelosi" has become basically synonymous with Congress insider trading when she's not even close to the top of the list among congresspeople.

SlinkyOnStairs 5mo ago
Sexism will play a role, but a big part of the reason why Pelosi gets so much flak is that she did nothing to stop it when the democrats were in charge, thus directly paving the way to the current shitshow.
- deleted 5mo ago
  [deleted]
Arkhaine_kupo 5mo ago
You really need to wonder? The 10 best performing historical congress people stocks are all republican,a ll men, all funded by lobbys like heritage foundation... But the face of insider trading becomes a democrat and a woman Its sooo diffcult to guess why it happened
- koolba 5mo ago
  [flagged]
  - diabeetusman 5mo ago
    Be kind. Don't be snarky. Converse curiously; don't cross-examine. Edit out swipes. Comments should get more thoughtful and substantive, not less, as a topic gets more divisive.
- codemog 5mo ago
  You’re going to make this a gender and party issue huh? Surprised skin color wasn’t brought up too. Yep, we deserve what we get.
  - deleted 5mo ago
    [deleted]
  - Arkhaine_kupo 5mo ago
    What other reason is there for an otherwise unremarkable character to become the public face of the issue for years? Chuck Schumer is the whip of the party, as mentioned she isnt even top 10 in performance, her party didnt legalise the activity, other members are aggresive in their pursuit of insider trading information (MTG was part of the most committees during her tenure, but she skipped almost all votes after that, she just wanted the scoop adn then bolted) ... So why her? The most common excuse is "well people demand more of dems because everyone knows republicans are crooks", which doesnt explain why more senior leaders, ex presidents etc are the ones hounded instead of her. how ever surveys by lobbys like the ones owned by the Koch brothers show which politicians people find unlikeable. Unsurprsingly many are unremarkable women, just like Nancy, which makes them easy targets for public campaigns in favour or against. If you name the most talked about politicans of the past 20 years, outside of the pres (Obama, Biden, Trump) you get mostly women (Sarah Palin, Kamala Harris, Nancy Pelosi, AOC, MTG, Kristi Noem, Laurent Bobert) that is not a coincidence and it explains why no one could pick Schumer, who is senior leadership, in a police line up but can tell you the many dogs Kristi killed

IncreasePosts 5mo ago

There's absolutely zero evidence Trump was behind those oil trades.