Georgia GOP Rep. Loudermilk: We shouldn't have laws because people will break them anyway

[turbinetree]

By Emily Singer -April 7, 2022 3:54 PM

Rep. Barry Loudermilk (R-GA) argued against banning stock trades for members of Congress because 'laws can't change or shape behavior.'

A Georgia Republican on Thursday argued against enacting legislation that would ban members of Congress from trading stocks, saying that because people would break the law anyway, it's not worth doing.

Rep. Barry Loudermilk (R-GA) made the comment during a House Administration Committee hearing on how to reform stock trading for members of Congress, saying that "laws can't change or shape behavior" and that banning members from trading stocks merely strips members of their "rights and the freedoms ... to participate in a free-market society."

"Look, we cannot change behavior," Loudermilk said. "At the founding of our country there were four federal felonies — four. Today we have rooms of code books, of laws, but yet, murders still happen. If government could change behavior we'd have no murder, we would have no thefts, we would have no fraud. So we can't change behavior. If we enact a law that prohibits members of Congress from owning or trading stocks, it will still happen by bad players."

Published with permission of The American Independent Foundation.

https://americanindependent.com/republican-congress-barry-loudermilk-georgia-stock-trading-laws/

Hey Loudermilk, do you know why there was a insurrection against the King of England...do you fully understand why.....it was called corruption, bribery and food riots, yes food riots......and that is why after all these years they have on the books filled with laws to prevent insider trading meathead ........and just for the record your one of the supporters that thought the election should be thrown out...resign....

[Tetrachloride]

1. I can envision a movie: The Return of The Ten Commandments

Casting suggestions welcome

[LiberalFighter]

2. Yet he is okay with prisons? For those people.

[GoodRaisin]

3. But if someone smokes a joint ruin their life.

Fucking Republican pigs.

[Ray Bruns]

4. Another republican brain surgeon.

[Solly Mack]

5. Bet he tells his constituents that he is tough on crime.

[kimbutgar]

6. The ad writes itself

Rep Loudermilk thinks he should be able to profit off being in congress and benefit by insider trading. If you did that you’d be in jail.

Why keep electing people who only serve themselves and not you?

What has the Republican Party done for you lately?

[turbinetree]

9. think he fits into the kleptocratic crowd.... and these three knowledgeable pople really explain

kleptocracy really well.....

https://www.democraticunderground.com/1017727714

[turbinetree]

10. I think he fits into the kleptocratic crowd.... and these three knowledgeable people really explain

kleptocracy really well.....

https://www.democraticunderground.com/1017727714

[Midnight Writer]

7. Crank.

And, of course, a Republican.

[CurtEastPoint]

8. with a degree (!) from a Bobble Kollege

Wayland Baptist University (BS)

[struggle4progress]

11. "Let's repeal all those pointless laws against threatening Congressmen!"

[MissMillie]

12. I'd bet the $7 I have that he has voted to pass at least one law

I'm also willing to bet it had something to do w/ limiting the rights of the LGTBQ community.

[tanyev]

13. And yet they want the Ten Commandments displayed in court rooms.

[GoCubsGo]

14. Your job is to make laws, you asshole.

If you don't want us to have laws, then resign and get the fuck out of here.

[sarcasmo]

15. Idiocracy!