House speaker Pelosi discloses trades in Apple and Microsoft

https://www.aol.com/news/u-house-speaker-pelosi-discloses-163417173-225737846.html

 

I bet Paul Pelosi trades on his phone while driving drunk. Life is easy when you're an insider.

 

"Pelosi's stock trading performance ranked sixth-best in Congress in 2021,..."

LOL, I did not know there was a list ranking top-stock traders in Congress.

But that is tax-payer money. Will I see any returns from her capital gains? After all, she is trading with my money. So she stuck it in me.

 

And no SEC investigations, it’s just many years of dumb luck.

 

Foxes guarding the henhouse. The 3-letter agencies won't touch her, especially right now.

 

Everyone's allowed to trade, as far as I'm concerned. Don't matter whether it's George Bush, Nancy Pelosi, Jamie Dimon, or your Uber driver, or your next door neighbor, or Overnight or MKTrader or ajacobson.
It's all the same to me.
So what's it gonna be, so what's it gonna be -- Place your bets, place your bets,

 

That's not the point. If insider trading is illegal for us (and even a celebrity like Martha Stewart), then it should absolutely be illegal for politicians, who can write legislation for their financial advantage (something the Pelosis have done for things outside the stock market as well). If there are too many gray areas, maybe they shouldn't be able to own anything but index funds while in office. After all, they get a nice, taxpayer funded salary, vote themselves 21% pay raises and get a killer, set-for-life pension. And they're supposed to be our servants, not royalty.

 

That's the way of the world, since the dawn of mankind. Get over it. Literally every place, country, in the world....and even for little kids in school....the power and elite set the tone for everyone else.
If you ran your own country, would you literally and technically have absolutely everyone be complete equals -- that would be impossible to enforce.

Besides, insider trading and back deals and favors....is what's politics are all about anyways. You're going to magically reverse that entire system, and human behavior?
I'm not admitting Nancy Pelosi is engaging in insider trading, though. She may or may not. Even if you get a tip from the CEO of a company...that's no guarantee you will make money. The markets can be finnicky to trade and foresee.

 

It's hard to imagine anyone could be more naive than you.

 

A tip from the CEO is almost 90% guarantee you will make money, at least in the short term. A tip is definitely what it takes to shift odds in your favor.