It's not corruption if it's legal. :thinking-about-it:
Meanwhile I have to hear literally everyone around me call her a communist. And they think she's a communist because of shit like this, because communism is when the government inside trades fucking stocks.
they literally think that communism is when everyone is poor and the people at the top have everything
that's what they think it means, it's astonishing
That's literally what many of us grew up being taught, like straight being told that was simple fact when we were little kids. So yeah, astonishing... I guess. To me it's enraging, but not shocking. Propaganda works, and as has been said many times around here, the US is the most propagandized population in the world.
All of it has a rightward slant. Everything is seen as insufficiently right wing, and anything not right wing enough is full communist, even bootlicking liberals praising the free market while doing insider trading.
There are a lot of Americans who believe that communism is neoliberalism.
Most Americans believe communism means when things are bad or evil and nothing really further than that
Communism is when
(1) you are watched all the time
(2) police officers are militarized
(3) the prisons are packed
(4) you are bombarded with propaganda
(5) the food is bad for you and the production process is disgusting
(6) everyone is dehumanized by mandatory labor and social alienation
(7) the government does not care about you and lets wave after wave of disease rock the population
Edit: forgot one
(8) all popular political participation is mere theatrics to distract the citizens from the obvious fact that all power lies with the elites
It’s ok if it’s legal
Im not saying we should hunt down the rich and kill them. I’m not advocating we do anything illegal
Im saying we should make it legal to kill them and then kill them
The law is the law for a reason
We have to trust our institutions
It’s not adventurism in if it’s codified by society :think-about-it:
Using the magic DPS limit break on the capitol during the State of the Union
that emoji and :jesse-wtf: are tools of social coercion. look forward to my essay on !anarchism@hexbear.net.
Every time I post something like this in /r/politics I get banned. Smdh fuckin hypocrites
The law is “if you have a billion dollars, you are now in AnCap mode and no laws apply to you, including those that would protect you.”
mmm only Trump can do crimes sweetie, when D's do it it's called "engaging in the free market".
Their emoji has been getting a lot of mileage this year. I wonder if they've said anything about Biden since their meme status.
Idk they got roasted pretty hard for that, didn't they? probably set everything to private
why is it illegal for me to insider trade but not them? doesn't sound like a fReE mArKeT for me
Just be connected and rich and that wouldn't be a problem. :maybe-later-kiddo:
When is the last time someone got put away for insider trading? If you're high up enough to do it effectively, you're above the law anyway
Yeah there was Twitter account that posts her financial moves so people can invest similarly. I can't remember what the returns were on it but it was better than market average. The account was banned somewhat recently lol
Think her net worth is something like 250 million. So, yes.
She needs insider trading to afford all that artisinal ice cream. :liberalism:
Nancy Pelosi is literally the most successful stock trader of all time. She makes Warren Buffet look like an amateur.
Not trying to call you out, but, is that a touch of hyperbole? Or is it just a fact? I ask because I genuinely don’t understand stonks and not having $ to invest leaves me no reason to learn the nuances, etc. I know her husband is Scrooge McDuck motherfucker. Even if it’s a little purple prose, where can I look into this? (I’m guessing any MSM outlet will wholly spin, rip, stretch, or straight up not report on it.) Any information is appreciated. Again, not concern trolling, because my knee jerk reaction is to 100% believe you. But Buffet is like the Colossus of Rhodes (except made of dookie and the hair you find in shower drain clogs) in my understanding… Thanks in advance, comrade.
hard to know, to be honest. the data is hard to come by. I believe it to be true--her investments have been unbelievably good, unbelievably consistently. but I can't substantiate it as more than an allegation or rumor at this point.
The Democratic Party is objectively the slightly less right wing faction of Fascism.
You'll run into the CIA if you do that. Crypto insider trading is safer.
If you ban them from trading stocks then they'll fuck the nation in some other way to get rich.
That isn't really far off from the actually invoked argument that if the billionaires are taxed more, even at the previous level before the most recent tax cuts, they'll pack up and move away and take all their disruptively innovating world saving genius with them.
My message here is that banning trading isn't going to stop politicians from acting corrupt. In both cases their power is too great and their greed is insatiable. I think Stalin had some good ideas on how to handle corrupt politicians.
I'd rather something be done than nothing, especially if doing nothing is only accelerating the decay. I've already seen enough acceleration of decay to decide that accelerationism is overrated and people are suffering, now, and can't wait for ideal perfect conditions for change before succumbing to what's already hurting them.
It's like playing defence in basketball. You out pressure on them and make scoring as hard as possible. It will dissuade some percentage from participating, and the more barriers there are the more people will not consider the effort worth it.
I mean, short of a needed complete government overthrow, if we can make things harder to be corrupt, then why not
See also: China executing party officials for corruption
:xi-reactionary-spotted:
They will, you literally can't tax the rich anymore. Theyve won so decisively literally the only way forward is revolution and expropriation of what we can.
It's a good argument against social democracy and for socialism. If you just try and tax the billionaires more, they'll find ways around it to an extent. But ultimately their wealth is tied to things in the real world. Most of Bezos' wealth is tied up in Amazon, we can just take Amazon away. Bill Gates and all that farmland he bought - c'mon, easy answer. Or some rich fuck has all his money in T-bills and muni bonds, well we run the govt now so you're not seeing that money again.
Even if they tried to sell their investments to people outside of a potential revolutionary socialist state, these investments are all tied to real productive forces that we can expropriate.
Let them go then. I'll even let them deduct a one-way transit ticket to the airport if they d promise to fuck off
Except not even then because this asshole and a bunch of other reps and senators got caught doing it at the beginning of the pandemic, to no consequence
