You'll notice these _internet sleuths_ are not beholding to corporate interference from advertisers. Please review the history and speeches of *Edward R. Murrow* who forewarned us of this about 70 years ago. We should consider ourselves lucky that a national broadcast of this is available to us. When it comes to *national news* you only hear or see what they _want_ you to see.
@@nunyadambusiness3530 When you see a nonsensical or clearly bot reply in youtube comments, don't reply or interact with them. They are bot accounts, usually stolen, that are trying to build interaction metrics with the algorithm. The more interacted an account's posts are in the past, the more visible the algorithm makes anything they post in the future. By replying to the bots, you are making the youtube algorithm think that said account should be made more visible.
Stop asking for term limits. It makes the revolving door problem worse because the good ones never get good at the job. The problem is very very simple: 85% of voters do not donate to politicians. They only listen to the 15% because they pay the bills.
@@RisenThe - So "governed by the people" means the SAME people, over and over again? The same tired, entrenched ideas. 70/80/90 year olds governing a digital country when they don't know how to use a PC? The problem is not donations, it's the disgusting amount of money it takes to be in politics.
@@danmcgov123 No, the answer lies somewhere in the middle. They need to be there long enough to gain experience, but not short enough that they see their time in office as a ticket to the corporate sector.
"trading stocks shouldn't be banned because doing so would cut off a financial source that some politicians use to make ends meet." The annual salary of a US congressman is $174,000 and they get a very generous pension. If they can't make ends meet with that, they should immediately be removed from office because they clearly are wildly out of touch with the reality all the people they supposedly represent have to live in.
Nancy and her funny freak husband plus probably countless friends and family made 100's of MILLIONS from insider trade stocks. It's not hard to find the details on those facts with a little web hunt and review the dark web finance report dumps. I believe all politicians should be banned from the stock market while elected and every politician along with close friends and family monitored 24x7x365. Politicians should only be allowed income from the salary they accepted when they agreed to represent the citizens. Anything beyond the government salary should be seized
Spouse trading is huge! A friend that works at state level told me. Spouses file taxes separately and not required to divulge when their politician spouse surrenders theirs.
People should be running for office, just saying this nonstop. "Your politicians are telling their spouses and family members which stocks to buy and sell".
This is not real journalism. They are distracting you from the imminent danger on the horizon with this nonesense. You need to wake up. The media are complicit in a crime.
Old story but nice to see ABC step out of their usual MO of running cover. D.C. politicians, media, pentagon officials, bureaucrats and lobbyists are all married to or having affairs with each other. Elite class. Drain the swamp.
No this is the mainstream media forced to cover what citizens are doing . This was not journalism it was a discovery piece to inform the congressional members who was watching. There was no need to start off this piece about Trump . Absolutely no reason besides before we name democrats and republicans who are corrupt we need to remind people their forty years of corruption is minor compared to Trump refusing to accept their opinion about the election !
Imagine a person in a position of power that got there simply because they wanted to help others and doesn't abuse the power they hold... Wouldn't that be something 😢
@@charlesritter6640 JFK has been dead for 60 years Ron Paul is a retired politician - you prob meant Rand Paul I do not find kucinich at all honest - he is as corrupt as the rest
there SHOULD be LAWS against Politicians owning STOCK - CHOOSE - PUBLIC SERVANT or STOCK TRADER - but NOT BOTH - conflict of interest they GET PAID ENOUGH ALREADY -
It's essential to consider the long-term perspective and personal financial security for individuals, including those in public service. Investing, particularly through a managed firm, is a legitimate approach to financial planning. Balancing personal interests with public duties is critical, and transparency is key in avoiding conflicts of interest.
No, mutual funds can be targeted also. For example before Covid politicians could have been buying vaccine related mutual funds. Knowing that they will mandate vaccine mandates.
What i find ridiculous is i work at walgreens and if i get some kind of inside scoop on the stock and i trade it i could end up in jail while a congressman or senator can do the exact same thing and all they get is like a 100 dollar fine. Abesoultely ridiculous.
Politicians should not be able to trade stock. It's not just knowledge before thing happen. It's also possible for them to manipulate events. Family members also.
One of the most active traders is Republican Congressman Mike McCaul. He trades a lot under his name, his wife's name and children names. Being a congress person pays off in a lot of ways. Stock trades, bribes, "gifts", etc. Isn't that right Sen. Menendez?
@@jenh7004 *was on board. But it vanished into thin air every time. Also when asked directly, she pivoted hard. Sucks even the 'good guys' are behind it. Most of the progressives remain vigilant with the exception of Khanna's family...other than that most/all have had their dirty fingers in the cookie jar. Visit the site this segment discusses, it'll make your stomach turn.
I'm surprised Matt Gates had enough time away from all of his underaged victims to work with AOC who is a college grad and also a bartender so I bet she makes one hell of a drink scrub @@KC-fb8ql
I remember Pelosi getting all flustered and asserting her "right" to trade when journos asked her about it. No lawmakers should ever be allowed to trade.
To MAKE ENDS MEET??! To make ends meet?? 😂😂😂😂 💀 Oh, that's killer. Sorry, the typical salary for a Congressperson is $175K/yr. That argument is lighter than air. The people you work for are out here trying to survive on 20-40K while our rents and property taxes go up and up without a ceiling. Don't sh8t on us, too.
If the SEC would clearly define Insider trading to include pending legislation or significant spending approvals / cuts...this would then make their actions into a chargeable offense
Interestingly, ABC has finally caught up with the story, albeit a bit belatedly, but kudos for their effort. It appears Nancy and her husband have been engaging in what could only be described as 'pillow talk.' One can't help but marvel at the sheer brilliance of her husband's stock market plays. It's quite the spectacle - his knack for 'impeccable' timing in option calls is nothing short of genius, or so it seems. It's almost as if he's got a crystal ball, or perhaps, just really good bedtime stories.
stopping the members from such activities is not going to fix the problem... you must include their spouses, children, grandchildren, siblings and any "foundations", Trusts or other financial entities they are connected to including the extended family may be associated with. THEN you incorporate term limits and ban on nepotism with all agencies they have influence over.
One of the worst aspects of American society is how almost everyone does nothing more than complain; typically just whining on social media comments to others within their bubble. It is refreshing to see these internet groups ACTUALLY doing something.
i find it curious the Marjorie Taylor Greene bought stock in Raytheon and Lockheed just days before the Russian invasion of Ukraine ..both companies supply military hardware to Ukraine as well ,shortly after she bought the stock, Lockheed got a 1 billion dollar government contract.
They won't pass a law stopping their insider trading but they sure as heck will pass a law against this app. That's got to be against some law already, and I'll bet they will make another more clear law against it. I'm pretty sure this is all wrong anyway. They become millionaires by their $174,000/yr salary. Can't anybody take $174,000 and make it millions?
FYI it's important to communicate that with the right guidance and financial strategies, achieving financial security is within reach for everyone, including lower-income groups. Belief in the possibility, coupled with informed financial decisions and dedication, can pave the way to financial stability and growth for all.
If all the banks and private individuals use this apps and mirrors their trades, what will happen to the market, will it crash, will we all get rich or will it nullify everything?
The fact that those two men are Coloradans first, despite their many differences, warms my heart. We need more of that. I ain't even ever stopped the car going through Colorado and I like it more than ever, now.
Sadly, Colorado has been californicated. Nevertheless, if your blasting through it's still a beautiful place to to get off the beaten path, rest for a few days, and take in nature's greatness. Pretty much anywhere outside of Denver.
I work for the FDA and I am not allowed to hold any stocks regulated by the FDA, which is about 45% of the US economy. I have almost no knowledge or power but due to the possibility of inside knowledge we are all banned out right. How is possible they can?
When far right and the far left congress persons are on the same page, you know there's a problem. This is a big one....but until it's fixed, we should all exploit it.
I believe it's fair to point out that I had a contact who worked in Safekeeping in Finance at the Federal Reserve Bank, where they managed dividend-paying assets prior to their payout. This exposure to the mechanics of asset payouts naturally led to a duplication of these practices in personal finance. Consequently, this individual now enjoys the benefits of such financial astuteness, and I'm confident that this advantage extends to their close circle as well.
In a story about Congress trading stocks you brought up Trump, is that how the news works now, “Ok we got a story about goat herders in Nepal but how can we link Trump into it and make it seem like he hates goat herders and is corrupt?”
I think that it's pretty hard to prove especially in the case of Nancy Pelosi. Her husband runs a venture capital investment and consulting firm so he likely trades and make bets all the time. But also if they are really that consistent all of the time (which is highly unlikely), then just copy their portfolios and trades and you will be too. Right?
You can't honestly think she's not feeding him information? Its the perfect front to make bets with insider information. She has plausible deniability and the information, he has the business to cover it all up. Copying their trades often don't yield the same results b/c they have up to 45 days before they have to disclose the trades. That's way too much time for you to profit at the same rate on the inside information lawmakers enjoy.
If you are a political public servant, all of your finances should be public. There should be a database that any citizen can go to and see where every dollar you spend goes while you are in office. Completely transparent.
I love that main stream news is learning investigative journalism from unheard of no-name researchers on the internet! Keep reminding us why we get almost all of our news from sources that don't pedal sensationalism. Term limits on EVERY PERSON IN GOVERNMENT
They make 6000 dollars a month. I'm on SSI, I make that in a year. 180 grand a year is really good paycheck. More then most Americans make. What they do is wrong. Unless they share the info to all of us!
Congressional members being allowed to trade stocks is like letting professional athletes being allowed to make bets that they will lose a game they're in.
You want people to go against their most basic nature and are surprised when they don't? Greed is our single most powerful motivator and that will never change.
If states change their voting laws right before an election and there is question as to whether these changes were made legally . . . what's a man to do? As you will recall the saying was "there were not enough votes to change the election" so state courts did not take up these cases. They were talking about not enough votes in their state. Cumulatively from all of these states there could have been enough votes. This was just one of the issues that was to be discussed by the Senators and Congressmen on January 6th. Unfortunately the protest itself and some extreme protestors prevented this from happening.
Those "internet sleuths" are doing the investigative journalism that *_YOU_* should be doing.
😂😂😂😂😂😂 IKR!!!!!
You'll notice these _internet sleuths_ are not beholding to corporate interference from advertisers.
Please review the history and speeches of *Edward R. Murrow* who forewarned us of this about 70 years ago. We should consider ourselves lucky that a national broadcast of this is available to us. When it comes to *national news* you only hear or see what they _want_ you to see.
Sweetheart We're All in This Together all the help we can get to keep fascism out of America. What are you doing?
Right
Don’t forget how they have to start everything with Trump Derangement Nonsense even though this had nothing to do with him
They should also expose the jobs their family members get, or other benefits they get, from people who donate to their campaigns.
Dude, drinks coffee out of a pickle jar. Wesss-side gangsta! 🥒
Huh? @@Bat_Boy
@@nunyadambusiness3530- 0:55
Oh like Mitch McConnell's wife lol.
@@nunyadambusiness3530 When you see a nonsensical or clearly bot reply in youtube comments, don't reply or interact with them. They are bot accounts, usually stolen, that are trying to build interaction metrics with the algorithm. The more interacted an account's posts are in the past, the more visible the algorithm makes anything they post in the future. By replying to the bots, you are making the youtube algorithm think that said account should be made more visible.
Solution...
1) Implement Term Limits
2) No stock trading while in Congress
We have term limits but the voters keep sending them back
@@itsjustmeagain986 - Clearly, we can't count on the "voters". Mandatory term limits. Making a career in Congress should not be possible.
Stop asking for term limits. It makes the revolving door problem worse because the good ones never get good at the job. The problem is very very simple: 85% of voters do not donate to politicians. They only listen to the 15% because they pay the bills.
@@RisenThe - So "governed by the people" means the SAME people, over and over again? The same tired, entrenched ideas. 70/80/90 year olds governing a digital country when they don't know how to use a PC?
The problem is not donations, it's the disgusting amount of money it takes to be in politics.
@@danmcgov123 No, the answer lies somewhere in the middle. They need to be there long enough to gain experience, but not short enough that they see their time in office as a ticket to the corporate sector.
"trading stocks shouldn't be banned because doing so would cut off a financial source that some politicians use to make ends meet." The annual salary of a US congressman is $174,000 and they get a very generous pension. If they can't make ends meet with that, they should immediately be removed from office because they clearly are wildly out of touch with the reality all the people they supposedly represent have to live in.
Nancy and her funny freak husband plus probably countless friends and family made 100's of MILLIONS from insider trade stocks. It's not hard to find the details on those facts with a little web hunt and review the dark web finance report dumps. I believe all politicians should be banned from the stock market while elected and every politician along with close friends and family monitored 24x7x365. Politicians should only be allowed income from the salary they accepted when they agreed to represent the citizens. Anything beyond the government salary should be seized
DC is a very extremely expensive area but IMO the better solution is to build dorms for them or directly pay for them to live in temporary housing.
Spouse trading is huge! A friend that works at state level told me. Spouses file taxes separately and not required to divulge when their politician spouse surrenders theirs.
Yep! This needs to be limited. They need to have their entire bank accounts available publicly if youre a public official
Yeah, they can use their spouse to hide their illegal financial activity
That progressive congressman does this! The one with the funny name, I always forget it. But his spouse does his trading!
@@soulife8383 i wonder if this is the reason mike johnson won't disclose his bank accounts or any financial statements.
People should be running for office, just saying this nonstop. "Your politicians are telling their spouses and family members which stocks to buy and sell".
This is real journalism. This should be the main story on every news outlet...sad
This is not real journalism. They are distracting you from the imminent danger on the horizon with this nonesense. You need to wake up. The media are complicit in a crime.
Where's the reporting on Hunters emails to Ukraine?
Old story but nice to see ABC step out of their usual MO of running cover. D.C. politicians, media, pentagon officials, bureaucrats and lobbyists are all married to or having affairs with each other. Elite class. Drain the swamp.
No this is the mainstream media forced to cover what citizens are doing . This was not journalism it was a discovery piece to inform the congressional members who was watching. There was no need to start off this piece about Trump . Absolutely no reason besides before we name democrats and republicans who are corrupt we need to remind people their forty years of corruption is minor compared to Trump refusing to accept their opinion about the election !
@@nosac1230 old or new is irrelevant. The original comment is correct. This is real journalism
Imagine a person in a position of power that got there simply because they wanted to help others and doesn't abuse the power they hold... Wouldn't that be something 😢
you're dreaming - these psychopaths are elected because they have zero scruples - will say anything to get elected
Ron Paul
Dennis Kucinich
JFK
There are other "pretty " honest Politicians out there but the list is VERY short.
@@charlesritter6640 JFK has been dead for 60 years
Ron Paul is a retired politician - you prob meant Rand Paul
I do not find kucinich at all honest - he is as corrupt as the rest
@@charlesritter6640 Ron Paul is a white supremacist and so is his not-a-doctor son. Facts.
@BernieSanders
there SHOULD be LAWS against Politicians owning STOCK - CHOOSE - PUBLIC SERVANT or STOCK TRADER - but NOT BOTH - conflict of interest they GET PAID ENOUGH ALREADY -
It's essential to consider the long-term perspective and personal financial security for individuals, including those in public service. Investing, particularly through a managed firm, is a legitimate approach to financial planning. Balancing personal interests with public duties is critical, and transparency is key in avoiding conflicts of interest.
NOT if you are a PUBLIC SERVANT - period. @@1.culturechanger
@@1.culturechanger None of them are hurting for money. They don't need to trade individual stocks.
There was a bill for just that but Nancy Pelosi shot it down like she's on a mission.
For life none the less.
Politicians should be able to buy mutual funds, but not individual stocks.
And there should be a website where you get to see exactly which mutual funds they own and how much
Exactly, indexes etc.
good idea
Then they'll just give insider trading information to the mutual fund for certain funds that won't affect and tip off everyone else part of the fund.
No, mutual funds can be targeted also. For example before Covid politicians could have been buying vaccine related mutual funds. Knowing that they will mandate vaccine mandates.
What i find ridiculous is i work at walgreens and if i get some kind of inside scoop on the stock and i trade it i could end up in jail while a congressman or senator can do the exact same thing and all they get is like a 100 dollar fine. Abesoultely ridiculous.
I work at the SEC and can’t even purchase certain stocks but yet, they have free rein for corruption. 🙄🙄🙄
Politicians should not be able to trade stock. It's not just knowledge before thing happen. It's also possible for them to manipulate events. Family members also.
Thank you for reporting this ABC
One of the most active traders is Republican Congressman Mike McCaul. He trades a lot under his name, his wife's name and children names. Being a congress person pays off in a lot of ways. Stock trades, bribes, "gifts", etc. Isn't that right Sen. Menendez?
I guess you forgot about Nancy Pelosi huh???
@@Mr.Free2Playwell, at least she was on board with adopting legislation to change this. Better than 95% of them out there
@@jenh7004no she isn't
Pelosi is a crook.
Both parties are filled with them
@@jenh7004 *was on board. But it vanished into thin air every time. Also when asked directly, she pivoted hard. Sucks even the 'good guys' are behind it. Most of the progressives remain vigilant with the exception of Khanna's family...other than that most/all have had their dirty fingers in the cookie jar.
Visit the site this segment discusses, it'll make your stomach turn.
@@jenh7004 She's only on board b/c she has her husband do it all. She will still get the information to him.
I saw this coming miles away... Back when they decided bribery and insider trading was ok for them.
The Stock Act was passed because Congress originally exempted themselves from insider trader laws.
Keep on this please. ❤
The punishment for violating the so-called stock act is a fine of one hundred dollars. The law is an insult to the American people.
“To make ends meet” 😂
Never in my life did I think I would see matt gaetz and aoc co-sponsor a bill lol
People should be more encouraging of this kind of collaboration. It benefits all those who aren't like the privileged few in Congress.
I wouldn’t trust aoc to get an order of water on the rocks correct.
@@KC-fb8ql At least she wont put something in the drink............lol
Sure surprised me too.
I'm surprised Matt Gates had enough time away from all of his underaged victims to work with AOC who is a college grad and also a bartender so I bet she makes one hell of a drink scrub @@KC-fb8ql
This is great, didn’t Martha Stewart go to jail for this
I remember Pelosi getting all flustered and asserting her "right" to trade when journos asked her about it.
No lawmakers should ever be allowed to trade.
Thats like a police officer also being the judge and the prison board president.
And the criminal being brought to justice!
American Greed
Spouse trading is what you need to be following.
Absolute power corrupts absolutely.This is a great example
When AOC and Matt Gate are sponsors of a bill...
😂😂😂yeah right 😂😂😂
@@Sharyk808 what?
@@grahamfloyd3451 Looks like he's agreeing with you but this is the TH-cam comments section. You never know these days.
AOC and Matt Gaetz working to root out corruption is a GOOD thing. That's what they should be doing.
@@grahamfloyd3451
those two working together😂😂agreeing to work with each other and sponsoring a bill together😂😂😂 Did he’ll freeze over again?
Congress will never do anything that restrict's they're Power or ability to grift !
Bunch of Cheaters....
Damn it AbC, you've just put a crosshair on this guy. You've put his name and face out for the world to see.
He had his face on his TikTok beforehand.
he js going to jail eventually
congressional trades are always public
@ludlowaloysius Why?
The system is rigged 🧐🤧
Wow. Now that’s the kind of activism we need! 👏👏👏👏
This video needs to be shared more…. Abysmal views compared to its importance.
good job ABC News!
More of this ABC, expose these crooks so We the people can vote them out. That's real journalism!
Good work y'all, this is actual news that isn't partisan or biased at all, proud of you!
Why people keep voting for Pelosi is beyond me.
These groups are doing the kind of work journalists used to do and should be doing now.
4:37 actually it is illegal to use privileged information not available to the public to make stock trades. It's called insider trading.
To MAKE ENDS MEET??! To make ends meet?? 😂😂😂😂 💀 Oh, that's killer. Sorry, the typical salary for a Congressperson is $175K/yr. That argument is lighter than air. The people you work for are out here trying to survive on 20-40K while our rents and property taxes go up and up without a ceiling. Don't sh8t on us, too.
many thanks for this report!!
If the SEC would clearly define Insider trading to include pending legislation or significant spending approvals / cuts...this would then make their actions into a chargeable offense
Now ... who were the HIGH SECURITY RISK LAWMAKERS busted at those high end BROTHELS??? How many sit on the supreme court????
Hold officials accountable! 😮💨
Interestingly, ABC has finally caught up with the story, albeit a bit belatedly, but kudos for their effort. It appears Nancy and her husband have been engaging in what could only be described as 'pillow talk.' One can't help but marvel at the sheer brilliance of her husband's stock market plays. It's quite the spectacle - his knack for 'impeccable' timing in option calls is nothing short of genius, or so it seems. It's almost as if he's got a crystal ball, or perhaps, just really good bedtime stories.
Where can I find the data that these apps are pulling from? I'd like to confirm the source of the data.
stopping the members from such activities is not going to fix the problem... you must include their spouses, children, grandchildren, siblings and any "foundations", Trusts or other financial entities they are connected to including the extended family may be associated with. THEN you incorporate term limits and ban on nepotism with all agencies they have influence over.
well this is great. BRAVO!!!!!
This would be a good start to restoring some faith in our elected representatives.
👏🏾 Point them out 💯💯💯💯💯
One of the worst aspects of American society is how almost everyone does nothing more than complain; typically just whining on social media comments to others within their bubble. It is refreshing to see these internet groups ACTUALLY doing something.
Thank you
At the end of this, they say; we will keep you informed of further developments! And never see another bit about it.
SVB had an early run on the bank. If Government Reps added to that run on SVB, that is so dangerous.
What do you expect? Most that go into politics only go to line their pockets!
Nancy and hubby.
And she isn't even the worse...look it up ... There are 5 or 6 other congressmen that profit more then she does ...the whole system is corrupt genius
i find it curious the Marjorie Taylor Greene bought stock in Raytheon and Lockheed just days before the Russian invasion of Ukraine ..both companies supply military hardware to Ukraine
as well ,shortly after she bought the stock, Lockheed got a 1 billion dollar government contract.
My only real question is why abc and the other networks aren’t covering it?
seriously ^
Yup
The ONLY thing out of AOCs mouth that ever made sense and I agree with. 😱
Crazy because I was literally just talking about why politicians stay in politics for such a long time because they're making easy money
Most important ABC report in years.
They won't pass a law stopping their insider trading but they sure as heck will pass a law against this app. That's got to be against some law already, and I'll bet they will make another more clear law against it. I'm pretty sure this is all wrong anyway. They become millionaires by their $174,000/yr salary. Can't anybody take $174,000 and make it millions?
FYI it's important to communicate that with the right guidance and financial strategies, achieving financial security is within reach for everyone, including lower-income groups. Belief in the possibility, coupled with informed financial decisions and dedication, can pave the way to financial stability and growth for all.
Had to throw Trump in there eh?
oh yeah...this is ABC news...sorry.
The syndrom runs deep.
How can a congressman live on a measly $200k + benefits?
If members of Congress are complaining about not making enough money trading stocks while serving, they are in the wrong business.
Allow them to trade, but require 100% transparency for all trades. Evens the playing field while allowing members to continue to manage their wealth.
great video, well done
Nancy would never do insider trading….👀😆
If all the banks and private individuals use this apps and mirrors their trades, what will happen to the market, will it crash, will we all get rich or will it nullify everything?
Then the politicians will make tons more money off every stock because they bought it before every one else.
They will catch on to that and use it to trick people to buy things they will sell and sell things they will buy.
Now, this is reputable reporting unlike the disgusting lies and false narratives against the former president
I can’t stand AOC, but this is one thing I agree with
The fact that those two men are Coloradans first, despite their many differences, warms my heart. We need more of that. I ain't even ever stopped the car going through Colorado and I like it more than ever, now.
Sadly, Colorado has been californicated. Nevertheless, if your blasting through it's still a beautiful place to to get off the beaten path, rest for a few days, and take in nature's greatness. Pretty much anywhere outside of Denver.
I work for the FDA and I am not allowed to hold any stocks regulated by the FDA, which is about 45% of the US economy. I have almost no knowledge or power but due to the possibility of inside knowledge we are all banned out right. How is possible they can?
Get EM!
Would this be thieft of a servant and inside trading raconteur crimes they keep saying no ones above the law
this should be illegal for lawmakers to invest in anything but the s&p!
Prayers for Chris. Wouldn’t surprise me if something happens to him in retaliation.
When far right and the far left congress persons are on the same page, you know there's a problem. This is a big one....but until it's fixed, we should all exploit it.
I love you, brother.
I believe it's fair to point out that I had a contact who worked in Safekeeping in Finance at the Federal Reserve Bank, where they managed dividend-paying assets prior to their payout. This exposure to the mechanics of asset payouts naturally led to a duplication of these practices in personal finance. Consequently, this individual now enjoys the benefits of such financial astuteness, and I'm confident that this advantage extends to their close circle as well.
Big money influencing politicians is destroying us, which is why I'm also against Citizen's United.
In a story about Congress trading stocks you brought up Trump, is that how the news works now, “Ok we got a story about goat herders in Nepal but how can we link Trump into it and make it seem like he hates goat herders and is corrupt?”
I think that it's pretty hard to prove especially in the case of Nancy Pelosi. Her husband runs a venture capital investment and consulting firm so he likely trades and make bets all the time.
But also if they are really that consistent all of the time (which is highly unlikely), then just copy their portfolios and trades and you will be too. Right?
You can't honestly think she's not feeding him information? Its the perfect front to make bets with insider information. She has plausible deniability and the information, he has the business to cover it all up.
Copying their trades often don't yield the same results b/c they have up to 45 days before they have to disclose the trades. That's way too much time for you to profit at the same rate on the inside information lawmakers enjoy.
That's literally what the anonymous guy's app does, it was on the segment.
@@littlestbroccoliIs it ethical to benefit from other’s wrong doing? It makes them as bad as the politicians.
@@thewebdiva5903 I don't think so, no, but I was just pointing out that they did cover that.
If you are a political public servant, all of your finances should be public. There should be a database that any citizen can go to and see where every dollar you spend goes while you are in office. Completely transparent.
I love that main stream news is learning investigative journalism from unheard of no-name researchers on the internet!
Keep reminding us why we get almost all of our news from sources that don't pedal sensationalism.
Term limits on EVERY PERSON IN GOVERNMENT
Another example of politicians who love power more than the people they are supposed to represent.
Let the people decide, put it on a presidential ballot if they are allowed to trade individual stocks.
They make 6000 dollars a month. I'm on SSI, I make that in a year. 180 grand a year is really good paycheck. More then most Americans make. What they do is wrong. Unless they share the info to all of us!
Better chance of having school kids vote to ban Chocolate milk at lunch.
This is brilliant!
But now that ordinary people are benefitting from it, watch Congress do something to regulate this app.
The Constitution is Not the problem. Following the constitution is the problem. No to Constitutional Convention of States
Excellent…!!!
Get them !
Congressional members being allowed to trade stocks is like letting professional athletes being allowed to make bets that they will lose a game they're in.
You want people to go against their most basic nature and are surprised when they don't? Greed is our single most powerful motivator and that will never change.
It wasn’t always like that.
Great gig I guess with those benes. "you get medical, dental and daily insider trading tips!"
Yes. Expose em. This should be banned from politicians and their families
So whats to stop them from giving this information to friend's and family that gives them a percentage of gains???
Atm, nothing.
If states change their voting laws right before an election and there is question as to whether these changes were made legally . . . what's a man to do? As you will recall the saying was "there were not enough votes to change the election" so state courts did not take up these cases. They were talking about not enough votes in their state. Cumulatively from all of these states there could have been enough votes. This was just one of the issues that was to be discussed by the Senators and Congressmen on January 6th. Unfortunately the protest itself and some extreme protestors prevented this from happening.
I hate when I spend days finding a multi-bagger play and realize politicians already told the world
This USED TO BE illegal. Back before they buried justice.
They should be banned from owning any stocks period.