Fuck you the People

Forums:

C3F37216-E839-46D1-9AA0-FEBBBAD5F134.jpeg
 

we the people, yea right 

Brian Mast

29% attendance record up from 27% in his previous term.

What an ass chap.

Shaking hands at a Walmart during re-election. Asked him straight faced, what Trump taste like. Got a cool escort back to my van.

Would someone please tell me what this chart means? I Googled $SPY, SPY and still don't know if I know what it means. Thanks.

S&P 500 - it's a graph showing how the insiders beating the market average  

Thank you, Dogcatcher and Brian. Especially understanding that they are beating the market average. One of those people is one of my senators, Ron Wyden. My better senator, Jeff Merkley, is not on the list. The thing about Wyden is that most of the time he's helping people.

Opinion: Pelosi said it’s fine for lawmakers to trade stocks. She’s wrong.

https://www.washingtonpost.com/opinions/2021/12/21/nancy-pelosi-wrong-la...

mama needs a new pearl necklace...

They sure are good at managing their money, why so bad with ours?

 

both Dems and Republicans sure can get together on some good ol insider trading. 

>Business Insider noted that Tuberville also had bought and sold stocks and stock options in companies “in a variety of companies particularly sensitive to the” Covid pandemic, including Regeneron Pharmaceuticals, Johnson & Johnson and 3M, even as he sat on the Senate Committee on Health, Education, Labor and Pensions.

 

 

>Sen. Tommy Tuberville bought between $115,000 and $250,000 in Alibaba stock in December, his financial disclosures say.

The senator has been outspoken against China and moved to prohibit US investment in the Chinese economy.

Tuberville last year also owned stock put options in Alibaba, which he later told Insider he sold.

 

I am not sure that graphic is as damning as it first appears. I mean, only 36 senators and congresspeople out of 535 beat the S&P in 2021? Also, the S&P went up like 26% in the year, but some stocks like TSLA were up over 50%, Apple was up 35% in 2021.... depending on individual stock holdings in a portfolio, there will be people that beat the S&P without resorting to insider trading. I did, and I am no stock guru. Some of those folks maybe used some insider knowledge, but just being on this graphic doesn't mean they did anything nefarious. 

elected officials should avoid any appearance of impropriety if they ever want to gain the trust of the people.  sounds quaint these days.  in my view, anyone holding elected office privy to inside info should hold all investments in a blind trust.  call me silly