General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsPA Democratic Party @PADems: BREAKING: Rob Bresnahan sold his stock in Centene,
the countrys largest Medicaid provider, right before voting to strip healthcare from 17 million Americans.Link to tweet
This vote and all the consequences of it must be spelled out for the voters with specifics at townhalls and if necessary, billboards etc.


Oopsie Daisy
(6,183 posts)DENVERPOPS
(13,003 posts)The mass media has left off the (D) or (R) after a politician's name purposely, since it is most often bad shit they are publishing, done by a (R)
Cute little trick they have learned that works in their favor.......there are ton's of others that the 95+% Republican owned/operated Mass Media in the U.S. uses..................some really really subtle ones, some not so subtle........Like when they published Obama's picture and had purposely darkened his facial skin tones by a lot.....
PatSeg
(50,637 posts)it is usually unnecessary to designate what political party they are as their actions or inactions are pretty self-evident.
It reminds me of how often people post comments or memes that say "He did or said blah, blah, blah" and we automatically know it is Donald Trump.
but there are so many different politicians names being thrown around these days, it is hard to keep track of them all......and if the media were required to state D, I or R, then the MAGAot voters wouldn't be able to automatically/subconsciously assume it couldn't be an R who did something nefarious and truly despicable.....
PatSeg
(50,637 posts)party wasn't automatically mentioned in every news report or story. There once was a time when there were more important issues than one's political party. Party designation was primarily important during election season.
So often now, whatever one of them does or says is a reflection of their party, not them or their office.
bronxiteforever
(10,632 posts)Being a GOP congressman is transactional.
bucolic_frolic
(51,516 posts)before pulling the trigger.
Passages
(3,273 posts)cadoman
(1,495 posts)That is an eternity in market time.
And it's not illegal. Plenty of representatives actively trade and it is very difficult to get legislation passed to stop it because most reps "supplement" their salary with these trades.
Passages
(3,273 posts)corrupt it is.
Slavery was legal back in the day, segregation was legal etc.
cadoman
(1,495 posts)Need to hit the sweet spot where the members come into power but are still idealistic.
IMO the best and most easily passed law would split the difference: allow them to trade but require public notice before consummating any trade. This makes enforcement trivial as regulators need only look at the timestamps of the disclosure and the trade, rather than preparing a case on amorphous concepts like "intent" or "knowing".
Passages
(3,273 posts)Kelly, Ossoff Reintroduce Congressional Stock Trading Ban
Kelly, Ossoff continue leading push to ban stock trading by members of Congress
Bill requires members of Congress & their families to place stock portfolios in blind trusts or divest holdings
https://www.kelly.senate.gov/newsroom/press-releases/kelly-ossoff-reintroduce-congressional-stock-trading-ban/#:~:text=Today%2C%20Senator%20Mark%20Kelly%20(D,use%20inside%20information%20to%20influence
We must be viewed as the safeguard.
cadoman
(1,495 posts)There becomes the question of just how blind they are, and it forces candidates who may actually be investing responsibly to divest. For example, if you have selected a green or progressive ETF, do you really want to divest it and randomly invested into potentially big oil, defense, gun manufacturers, etc.?
Let Congress trade and hold what they want to, just make them publicize the trades before execution. Makes their incentives public so the their constituents can decide if they're improperly profiteering, and removes the first-mover advantage they get as the crafters of legislation.
Passages
(3,273 posts)Have to agree to disagree.
Wiz Imp
(6,096 posts)It may not be illegal but it is completely fucking unethical
BoRaGard
(6,416 posts)lacking in honor
mn9driver
(4,756 posts)1. Congress critters should not be allowed to actively trade or directly own stock. Their accounts should be held and managed in a blind Trust as long as they hold office. Anything less invites corruption. Im not holding my breath.
2. Keeping the point in item 1 in mind, this chart is unfortunately deceptive. The price scale has been manipulated to make the price drop look bigger, and the sell date is not actually very close to when the bill was voted on.
Passages
(3,273 posts)I believe that would be a mistake.
Iamscrewed
(486 posts)Random Boomer
(4,343 posts)It was pretty much a forgone conclusion for weeks.
Passages
(3,273 posts)Iamscrewed
(486 posts)DENVERPOPS
(13,003 posts)and he has already figured out how it works............LOL
dlk
(12,792 posts)The corruption is now in your face.
IronLionZion
(49,479 posts)making money from screwing people, profit over people, insider trading on the laws they vote on, etc.