Tuesday, January 09, 2024

how politicians get rich

Headline (from 1/3/24):

Stunning new report shows how crooked Congress really is, and even lists the names of our worst offenders…

How is it that these men and women enter Congress with modest wealth but emerge as multi-millionaires many times over? The answer is surprisingly simple: stocks. It’s as if our lawmakers have an uncanny knack for stock trading. Perhaps they were all stock traders in a previous life? Or better yet, maybe they’re part of an exclusive “Insider Trading” club that excludes the likes of you and me?

Most of you are likely aware of Pelosi’s alleged “insider trading” activities. She entered Congress as a member of the upper-class San Francisco elite and appears poised to leave as the “Wolf of Wall Street.”

Definitely read the rest. Lots of charts and links. While the article tries to make the case that the Democrats are so much worse, the involvement in insider trading seems to be a near 50-50 split between Democrats and Republicans—more confirmation that we're dealing with a Uniparty that only seems two-sided. In reality, neither side cares about your best interests.



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