Right when he’s completely useless, he pushes for this. Pathetic and disingenuous.

  • doggle@lemmy.dbzer0.com
    link
    fedilink
    arrow-up
    0
    ·
    5 months ago

    Correctly identifying a problem while doing nothing that could possibly change it.

    That’s Joe’s legacy, I guess

  • phoneymouse@lemmy.world
    link
    fedilink
    arrow-up
    0
    ·
    edit-2
    5 months ago

    I feel like if you want to hold government office you should 1. Give up all your wealth. 2. In exchange for this, you get a rock solid $500,000 salary. This isn’t because you are an elite, this is because paying you well makes it harder to bribe you. 3. When you lose your seat or step down, you can never work again in your life. This is to prevent you from ever taking on a lobbying job or otherwise using your power to enrich yourself and influence government for special interests. In exchange for this, you can take 80% of your salary that you had while in office until you die.

    These changes hopefully would give office holders enough personal financial security to focus on making decisions without being influenced by external money.

    • krashmo@lemmy.world
      link
      fedilink
      arrow-up
      0
      ·
      5 months ago

      We don’t need to bribe them to do their jobs. We need to make them afraid of what will happen to them if they don’t.

      • Chip_Rat@lemmy.world
        link
        fedilink
        arrow-up
        0
        ·
        5 months ago

        It’s both. Otherwise noone would be dumb enough to do such a high profile, high stress, and apparently low paying job. I do want the smartest, hardest working and best people leading my country, not some random guy would couldn’t get a better job.

  • cristo@lemmy.world
    link
    fedilink
    Esperanto
    arrow-up
    0
    ·
    5 months ago

    I’d be fine with congressional stock trading if congress members were required to immediately report trades instead of the 45 days or so they are currently legally required to

    • prof_wafflez@lemmy.world
      link
      fedilink
      arrow-up
      0
      ·
      5 months ago

      nah, they should be forced to divest. Insider trading at an extreme. If you or I commit insider trading it’s jail time.

    • normalexit@lemmy.world
      link
      fedilink
      arrow-up
      0
      ·
      5 months ago

      If they wish to invest, it should be in a fund that is managed for them by people without insider knowledge.

    • inclementimmigrant@lemmy.worldOP
      link
      fedilink
      arrow-up
      0
      ·
      5 months ago

      I’d only be okay with it if those trades were reported and published publicly within the hour of the trade.

      Let everyone benefit from inside trader or do the right thing and make everyone subject to the law.

      • cristo@lemmy.world
        link
        fedilink
        Esperanto
        arrow-up
        0
        ·
        5 months ago

        I thought that was currently the case they just had a 45 day max reporting timeline, unless my Nancy pelosi clone portfolio has been lying to me. Apparently her average reporting time is 14 days

        • TriPolarBearz@lemmy.world
          link
          fedilink
          arrow-up
          0
          ·
          5 months ago

          Just curious… How is your Pelosi clone portfolio going? Is it a legitimate investment strategy compared to the usual suggestion of index funds?

          • cristo@lemmy.world
            link
            fedilink
            Esperanto
            arrow-up
            0
            ·
            edit-2
            5 months ago

            So far over the past year I’ve had it active, I’m up 40%. It seems to be working well, I have it automated through a service called Autopilot and it has already paid for itself. I wish I put more into it at the start but so far I’ve got no complaints.

          • Vanix@lemmy.dbzer0.com
            link
            fedilink
            arrow-up
            0
            ·
            5 months ago

            There’s two ETFs now for tracking democrat trades and republican trades if you have any interest in tracking this kind of portfolios performance! I don’t think there’s an ETF for Nancy specifically but she’s definitely a part of the dem ETF

            • TriPolarBearz@lemmy.world
              link
              fedilink
              arrow-up
              0
              ·
              5 months ago

              Cool, I tried looking it up.

              Seems like the tickers are NANC (D) and KRUZ ®

              Are those the ones you are taking about? If so, I love the tickers.

    • MountingSuspicion@reddthat.com
      link
      fedilink
      arrow-up
      0
      ·
      5 months ago

      Nah, they already got their money by then. Their trades go through first then everyone else’s? And prereporting trades is ripe for stock manipulation. They should not be able to personally manage a portfolio and imho insider trading should carry hefty corruption penalties for congress.

  • finitebanjo@lemmy.world
    link
    fedilink
    arrow-up
    0
    ·
    edit-2
    5 months ago

    Fox News actually covered this for about 2 minutes and their talking points were as follows:

    • HuNTeRs LaPToP ThO! HIPOCRIT!
  • ATDA@lemmy.world
    link
    fedilink
    arrow-up
    0
    ·
    5 months ago

    He couldn’t and didn’t pursue this when he wasn’t a lame duck. Get real on that fixing your legacy in a month thing

    • SpikedPunchVictim@lemmy.world
      link
      fedilink
      arrow-up
      0
      ·
      5 months ago

      Please describe how he has been a lame duck president. Given he represents a party that is outnumbered in the Senate. And let’s table the Israeli/Palestine conflict since this forum of discussion doesn’t really work well for full history and geopolitical strategy history lessons.

      • sin_free_for_00_days@sopuli.xyz
        link
        fedilink
        arrow-up
        0
        ·
        edit-2
        5 months ago

        lame duck

        noun

        An elected officeholder or group continuing in office during the period between failure to win an election and the inauguration of a successor.

        He’s the definition of a lame duck president right now. That’s not saying anything bad, or good, about the man, just the fact of his current position.

      • ATDA@lemmy.world
        link
        fedilink
        arrow-up
        0
        ·
        5 months ago

        Just using it for a temporal reference as he’s out of time in his presidency. Any other meaning not intended.

  • Sanctus@lemmy.world
    link
    fedilink
    English
    arrow-up
    0
    ·
    5 months ago

    Destroy Wall Street. Literally remove it brick by brick if you have to. That cancer is killing us all and we’re all tied to it.

  • originalucifer@moist.catsweat.com
    link
    fedilink
    arrow-up
    0
    ·
    5 months ago

    im sure congress will get right on the thing that literally makes them all wealthy, and theyve made sure to enshrine as a-ok in their own rules.

  • Rapidcreek@lemmy.world
    link
    fedilink
    arrow-up
    0
    ·
    5 months ago

    Actually, the word is that there is a bipartisan bill moving though Congress to prohibit stock sales. Crazy, right? Anyway, this is just Biden saying he’ll sign it.