Pelosi has been involved in insider trading and other shenanigans the rest of us can't do for years. It's hard to imagine a bigger crook or hypocrite. Throwback Thursday: Nancy Pelosi's 2008 Quid Pro Quo with Visa (ccn.com) BEYOND INSIDER TRADING: Here's How Members of Congress Get Rich Off Earmarks (businessinsider.com)
got myself a reminder, lol. Definition of hypocrite 1 : a person who puts on a false appearance of virtue or religion 2 : a person who acts in contradiction to his or her stated beliefs or feelings #1 is too vague to claim false appearance. She's been around since Moses was in diapers. You think she looks so foxy as she does on tv if you happen to be at her place at 4:AM. She probably appears a bit worse for wear and tear. Is that so wrong? No, she's just trying to spackle over some of the rough edges out of courtesy. As for #2, Well, did Pelosi ever State that she felt that "insider trading" was illegal, immoral, or fattening? I don't recall that. I'm open for considering facts of course, but so far, Nancy's still my girl. C'mon, admit it, she so fine! She's older than your great grammy fer cryin out loud. Chuckles is a teddy bear too.
Pro traders and firms: lobby, bribe, hope and pray that politicians benefit from their own borderline insider trading so that they don’t tax, regulate, hate and destroy trading industry. Newbie retail traders: complain, bitch and whine, and bring all the attention of politicians and regulators to regulate them, lower the leverage, impose more restrictions, taxes, and turn traders into McDonalds workers.
What are we looking at? Does it show the returns of the Top 20% of congress and senate? Does it show the returns of the Top 20% of the Spouses and Children? If that is a chart that represents the set of parameters above, We are indeed witness to a true miracle of honesty in leadership. I think, lol.
I guess all traders should hope that it stays that way and that politicians make lots of money so that they are stake holders, rather than hating traders and investors, taxing and regulating them. I don’t care either way, but it’s fun (or maybe sad) to see some traders first complain that politicians make money, then complain when politicians no longer make money and don’t have anything to lose so they regulate, restrict and tax their business. Pretty much what happened in Europe.
Look at the bright side, guru. It gives the firmly entrenched bureaucrats something to do parsing out those new regulations and wielding some unearned 'authority', the sport of bureaucrats, while they wait to retire.