Active Now

Element 99
DannyPetti
Shuhak
Pet Eater
.
Discussion » Questions » Politics » If we don't let athletes bet on games they have the ability to influence

If we don't let athletes bet on games they have the ability to influence

why do we let congress invest in companies they regulate?

Posted - August 13

Responses


  • 3410
    Good question.  If you and I can't take advantage of insider information on companies, why should politicians?  Actually, I think there are several things that need to be changed concerning what politicians can and cannot do.  I was frankly astonished to read that Walz has virtually no financial holdings in stocks or bonds.  He is probably one of the few, if not the only, politician in that situation.  It would be very difficult to assert that he has any conflict of interest.  I also think that once a politician retires or is not re-elected, they should not be permitted to be lobbyists.  Don't even get me started on campaign finance reform!
      August 13, 2024 6:06 AM MDT
    3

  • 33803
    There is an app that will mimic politicians trades for you.  It shows Pelosi...she is up 45% last year. 

      August 13, 2024 6:39 AM MDT
    1

  • 33803
    I agree. 

    Politicians should not be allowed to trade individual sticks. They should either be in a blind trust or only mutual funds.
      August 13, 2024 6:26 AM MDT
    2