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WarGamer

(18,316 posts)
Thu Feb 10, 2022, 02:14 PM Feb 2022

I'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
It's almost like they have access to secret information zuul Feb 2022 #1
Members of congress and their immediate families should not be able to trade individual stocks Bettie Feb 2022 #2
Austin Scott is on the Armed Services Cmte... WarGamer Feb 2022 #3
Probably...but, it is currently legal Bettie Feb 2022 #4
We all know that all members of our congress are smart and lucky... Chainfire Feb 2022 #5
no wonder they all seem to get rich . nt IcyPeas Feb 2022 #6

Bettie

(19,445 posts)
2. Members of congress and their immediate families should not be able to trade individual stocks
Thu Feb 10, 2022, 02:38 PM
Feb 2022

It does explain why congress people's net worth increases by quite a lot while they are in office.

WarGamer

(18,316 posts)
3. Austin Scott is on the Armed Services Cmte...
Thu Feb 10, 2022, 02:56 PM
Feb 2022

I wonder if he made money off of DoD stocks?

Raytheon, Boeing, etc??

Bettie

(19,445 posts)
4. Probably...but, it is currently legal
Thu Feb 10, 2022, 03:02 PM
Feb 2022

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.

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