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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsI'm amazed how talented politicians are at trading stocks... they're really good at this!
That Austin Scott guy... he's practically Warren Buffett??
If you sign up for his Congressional Newsletter... do you get daily stock picks?
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I'm amazed how talented politicians are at trading stocks... they're really good at this! (Original Post)
WarGamer
Feb 2022
OP
zuul
(14,624 posts)1. It's almost like they have access to secret information
that the rest of us wont ever know about!
Bettie
(16,089 posts)2. Members of congress and their immediate families should not be able to trade individual stocks
It does explain why congress people's net worth increases by quite a lot while they are in office.
WarGamer
(12,436 posts)3. Austin Scott is on the Armed Services Cmte...
I wonder if he made money off of DoD stocks?
Raytheon, Boeing, etc??
Bettie
(16,089 posts)4. Probably...but, it is currently legal
and apparently, acceptable in congress.
And since it is mostly a crime that rich people do, there is little consequence for doing it where it is illegal.
Another reminder that laws don't really apply to rich people in anything approaching the way they do to the rest of us.
Chainfire
(17,530 posts)5. We all know that all members of our congress are smart and lucky...
IcyPeas
(21,858 posts)6. no wonder they all seem to get rich . nt