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(The Hill)   In news that should surprise nobody, the bill to regulate stock trading by lawmakers has been shelved   (thehill.com) divider line
    More: Obvious, Nancy Pelosi, Steny Hoyer, United States Congress, United States House of Representatives, Democratic Party, House Democrats, details of the proposal, House Majority Leader Steny Hoyer  
•       •       •

521 clicks; posted to Politics » on 30 Sep 2022 at 4:50 AM (10 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



52 Comments     (+0 »)
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2022-09-29 8:55:42 PM  
I'm sure if the Republicans win the house they'll pass it. Hahaha
 
2022-09-29 9:08:28 PM  
Oh dear.

Hoyer is up for re-election and during elections he makes the rounds of the polling places.  I'm an election judge and usually get to speak with him.

I wonder if I should mention this.
 
2022-09-30 2:38:00 AM  
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2022-09-30 4:21:10 AM  
FTA:  Pelosi and Hoyer have been among those prominent opponents, noting that federal law already prohibits insider trading and warning that a special ban for members of Congress might dissuade talented people from running for office.

Talented people should be able to figure out how to become rich without creating conflicts between themselves and the investments they pursue, right?

Next paragraph:  Yet the proposal has gained enormous momentum in the current Congress following revelations that scores of lawmakers have violated existing laws designed to eliminate conflicts of interest between legislators and the investments they pursue.

Fark user imageView Full Size


It's almost like these folks may not be that talented.
 
2022-09-30 4:51:57 AM  
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2022-09-30 4:54:52 AM  
F*cking arseholes.  How much is enough you parasitic c*nts?
 
2022-09-30 5:08:18 AM  

johnryan51: I'm sure if the Republicans win the house they'll pass it. Hahaha


The goal is for the Democrats to be better than the Republicans by a margin on these issues, not practically identical despite rhetoric.
 
2022-09-30 5:38:51 AM  

Jiggatron69: [Fark user image image 727x693]


GROND!

BOND!
 
2022-09-30 5:41:25 AM  
That's farking stupid. It's something that everyone in the country, even MAGAts, supports. Get the GOP on record voting against it right before an election.
 
2022-09-30 5:59:58 AM  

Maybe you should drive: FTA:  Pelosi and Hoyer have been among those prominent opponents, noting that federal law already prohibits insider trading and warning that a special ban for members of Congress might dissuade talented people from running for office.


Talented people might be dissuaded if they are told not to do the things they aren't supposed to do anyway.

That's some logic there.
 
2022-09-30 6:03:24 AM  

LL316: That's farking stupid. It's something that everyone in the country, even MAGAts, supports. Get the GOP on record voting against it right before an election.


I wouldn't be so sure about MAGAt support for a ban on insider trading in Congress. TFG and his family of flying monkeys took every opportunity to enrich themselves while in office, and neither the RINOs, nor the MAGAts said anything about it. I have read many MAGAts arguing that TFG's blatant violations of the Emoluments Clause were entirely justified by TFG's status as a wealthy businessman having to sacrifice his valuable time running the Trump Organization in order to be President.
fabioparasecoli.comView Full Size

What do you want to bet that TFG and his spawn bought stock in Goya before these tweets went out? Aside from rewarding Goya's big money Republican donors, this tweet advertised MAGA contempt for ethical norms.
 
2022-09-30 6:24:33 AM  
Fark user imageView Full Size
 
2022-09-30 6:37:43 AM  
In this alone I agree that BSAB.

But SVR isn't the answer. Elect Democrats who believe that the role of the Government is not to enrich themselves.

The Rep for my District does and is the real deal.
 
2022-09-30 6:39:22 AM  

NathanAllen: In this alone I agree that BSAB.

But SVR isn't the answer. Elect Democrats who believe that the role of the Government is not to enrich themselves.

The Rep for my District does and is the real deal.


Exactly this.  Are they sh*tbags?  Absolutely.

Are they nazis?  No.

There is only one answer, unless you're a nazi.
 
2022-09-30 6:47:51 AM  
Democrats are, with an extreme minority of exceptions, spinless cowards or corrupt to the bone.

It's less bad than Nazis. But it sure ain't good. Dems have several golden opportunities to make this a blowout election for them, and instead they've pissed it away playing identity politics and harping on how they aren't Republicans.

Another year where I'm going to have to pregame voting, and the shower. Because voting straight D doesn't feel like a victory. Just feels like picking a lesser evil.
 
2022-09-30 6:56:52 AM  

NathanAllen: In this alone I agree that BSAB.

But SVR isn't the answer. Elect Democrats who believe that the role of the Government is not to enrich themselves.

The Rep for my District does and is the real deal.


My rep put his money into a blind trust after he won his seat. I think it is the bare minimum we should expect from our elected officials.
 
2022-09-30 7:05:54 AM  
We need to have a third branch of lawmakers specifically to regulate the actual lawmakers.

Because it seems that the only time they pass any new rules about how THEY should behave, it's in their favor.  Like giving themselves a raise.

How did we set this up that no new rules can be enforced on the lawmakers unless the lawmakers create and sign the rule?  Something that is pretty much never going to happen.
 
2022-09-30 7:09:15 AM  

durbnpoisn: We need to have a third branch of lawmakers specifically to regulate the actual lawmakers.

Because it seems that the only time they pass any new rules about how THEY should behave, it's in their favor.  Like giving themselves a raise.

How did we set this up that no new rules can be enforced on the lawmakers unless the lawmakers create and sign the rule?  Something that is pretty much never going to happen.


WE THE PEOPLE control Congress.
Stop voting for crooks to represent you.
 
2022-09-30 7:09:28 AM  

NathanAllen: In this alone I agree that BSAB.

But SVR isn't the answer. Elect Democrats who believe that the role of the Government is not to enrich themselves.

The Rep for my District does and is the real deal.


I agree but I am more cynical. The problem is inherent in the system, and no individual is just going  to change it. Once you have a job in government the next level is a promotion to lobbyist. Our best bet is a political party dedicated to the idea of no lobbying.

The Obama Admin had a policy against lobbying, but if I recall once they left office they all ended up being lobbyists anyway. It is political incest, they feed off of each other.
 
2022-09-30 7:15:22 AM  
Of all the bullshiat going in in the world, this is clearly a top priority. Get out the torches and pitchforks, boys! Someone's may be making more money than me! fark everything else, we gotta do something about that, right now!
 
2022-09-30 7:22:14 AM  

Jumbled: durbnpoisn: We need to have a third branch of lawmakers specifically to regulate the actual lawmakers.

Because it seems that the only time they pass any new rules about how THEY should behave, it's in their favor.  Like giving themselves a raise.

How did we set this up that no new rules can be enforced on the lawmakers unless the lawmakers create and sign the rule?  Something that is pretty much never going to happen.

WE THE PEOPLE control Congress.
Stop voting for crooks to represent you.


Here is what makes that comment completely ridiculous an pointless:  We can only vote for the people that the party puts in front of us.  If all we have is a choice between two people that are crooks, who do we vote for?

Case in point...  Take a look at the primary that gave us Dr Oz.  It was a choice between a lying hedge fund manager, ex-military, election denying gun nut, or a known snake-oil salesman and quack who doesn't even live in the state.

Those were the choices given to the voters.  And there is every chance that Oz will win the seat.

So tell me again how WE THE PEOPLE control who gets into Congress.
 
2022-09-30 7:22:16 AM  
This type of legislation needs to be passed as part of the same bill that increases congressional salaries to $10m/year if we ever want to reduce the power of lobbyists and decrease the motivation of self-interested saboteurs.  Essentially give them a salary that lets them retire after a term or two without ever doing anything shady or feeling beholden to lobbyists.
 
2022-09-30 7:25:27 AM  
The bill was strongly opposed by Wall Street.  They figure if Congress can't trade stocks then Wall Street lobbyists will have to go back to handing them bags full of cash.
 
2022-09-30 7:36:38 AM  

feltrider: Democrats are, with an extreme minority of exceptions, spinless cowards or corrupt to the bone.

It's less bad than Nazis. But it sure ain't good. Dems have several golden opportunities to make this a blowout election for them, and instead they've pissed it away playing identity politics and harping on how they aren't Republicans.

Another year where I'm going to have to pregame voting, and the shower. Because voting straight D doesn't feel like a victory. Just feels like picking a lesser evil.


There's maybe around a dozen politicians in the Democratic party total that are actually interested in governing or representing constituents. For most of them, it's a jobs program that's set up for after their stint at JP Morgan or Deloitte runs its course. Democrats could win every major election in a landslide easily if they actually ran on popular issues that the American voting base wants, but then they'd be expected to actually do work at their jobs and not just phone it in all day for an easy paycheck.
 
2022-09-30 7:49:34 AM  
How about you got money to invest, my Elected Rep - then into a broad market index fund it goes.

Oh, and we cap your heavily audited income at the median of your constituents.  Maybe make you more responsive to improving their lives, their incomes.

And, maybe while we're dreaming, your health insurance and retirement benefits also match your people's. Only 60% of them have health care?  Then your plan only pays for 60% with the same godamn giant deductible. They have to plan to live in a cardboard box in their retirement years? Dining on store brand cat food?  Then so do you.
 
2022-09-30 7:57:04 AM  
HAHAHAHAHAHAHA!!!

Yeah this isn't shocking in the least. Self serving c•nts, all of them. For all the partisan bile spewing from their mouths there's one thing that quietly brings them all together: money. Well... money for them.

Don't expect a huge thread. None of the regular rage O holic apologists want to even acknowledge that their beloved party would be in league with the other side.
 
2022-09-30 7:57:39 AM  

Lusiphur: Of all the bullshiat going in in the world, this is clearly a top priority. Get out the torches and pitchforks, boys! Someone's may be making more money than me! fark everything else, we gotta do something about that, right now!


Hear, hear. Never fix anything unless it's the most important problem of that time!

STFU,R
 
2022-09-30 8:02:49 AM  

Likwit: Lusiphur: Of all the bullshiat going in in the world, this is clearly a top priority. Get out the torches and pitchforks, boys! Someone's may be making more money than me! fark everything else, we gotta do something about that, right now!

Hear, hear. Never fix anything unless it's the most important problem of that time!

STFU,R


Or, you know, at least in the top 100 problems. And certainly don't get this worked up about something that is, at best, a tertiary problem that may or may not affect anyone. A typical Congress passes 500 - 1,000 bills. Most are bullshiat about naming roads and post offices, minor administrative things, etc. We get maybe 100 pieces of substantial legislation per Congress. I'd prefer we focused on things that actually make people's lives better rather than things that make people feel better.
 
2022-09-30 8:11:13 AM  

Utter Genius: feltrider: Democrats are, with an extreme minority of exceptions, spinless cowards or corrupt to the bone.

It's less bad than Nazis. But it sure ain't good. Dems have several golden opportunities to make this a blowout election for them, and instead they've pissed it away playing identity politics and harping on how they aren't Republicans.

Another year where I'm going to have to pregame voting, and the shower. Because voting straight D doesn't feel like a victory. Just feels like picking a lesser evil.

There's maybe around a dozen politicians in the Democratic party total that are actually interested in governing or representing constituents. For most of them, it's a jobs program that's set up for after their stint at JP Morgan or Deloitte runs its course. Democrats could win every major election in a landslide easily if they actually ran on popular issues that the American voting base wants, but then they'd be expected to actually do work at their jobs and not just phone it in all day for an easy paycheck.


And every year the party and it's sycophants response is the same "yeah well...who else you going to vote for?"

I'm so sick of it
 
2022-09-30 8:13:05 AM  

Lusiphur: Likwit: Lusiphur: Of all the bullshiat going in in the world, this is clearly a top priority. Get out the torches and pitchforks, boys! Someone's may be making more money than me! fark everything else, we gotta do something about that, right now!

Hear, hear. Never fix anything unless it's the most important problem of that time!

STFU,R

Or, you know, at least in the top 100 problems. And certainly don't get this worked up about something that is, at best, a tertiary problem that may or may not affect anyone. A typical Congress passes 500 - 1,000 bills. Most are bullshiat about naming roads and post offices, minor administrative things, etc. We get maybe 100 pieces of substantial legislation per Congress. I'd prefer we focused on things that actually make people's lives better rather than things that make people feel better.


You think politicians losing a financial incentive to write legislation that betters their bottom line isn't top 100?

I farking hate this party.
 
2022-09-30 8:28:29 AM  
Headline and Subbs:  OHHHHEHMMMMMGEEEEEE DEMONRATS WONT STOP CORRUPT CAPITALISMS LOVE INSIDER TRADING.

FTFA: "People have to look at it," Hoyer told reporters gathered in his office in the Capitol.
"It's an important issue," he continued, and leaders want the extra time "to make sure that if and when we do something, we do it right."   (Noting also the bill was introduced a day ago.)
 
2022-09-30 8:35:50 AM  

durbnpoisn: Jumbled: durbnpoisn: We need to have a third branch of lawmakers specifically to regulate the actual lawmakers.

Because it seems that the only time they pass any new rules about how THEY should behave, it's in their favor.  Like giving themselves a raise.

How did we set this up that no new rules can be enforced on the lawmakers unless the lawmakers create and sign the rule?  Something that is pretty much never going to happen.

WE THE PEOPLE control Congress.
Stop voting for crooks to represent you.

Here is what makes that comment completely ridiculous an pointless:  We can only vote for the people that the party puts in front of us.  If all we have is a choice between two people that are crooks, who do we vote for?

Case in point...  Take a look at the primary that gave us Dr Oz.  It was a choice between a lying hedge fund manager, ex-military, election denying gun nut, or a known snake-oil salesman and quack who doesn't even live in the state.

Those were the choices given to the voters.  And there is every chance that Oz will win the seat.

So tell me again how WE THE PEOPLE control who gets into Congress.


You could if generations younger than GenX would actually get off their arses and farking vote and stop blaming everyone else for why their candidates don't win primaries.
 
2022-09-30 8:36:41 AM  

tfresh: HAHAHAHAHAHAHA!!!

Yeah this isn't shocking in the least. Self serving c•nts, all of them. For all the partisan bile spewing from their mouths there's one thing that quietly brings them all together: money. Well... money for them.

Don't expect a huge thread. None of the regular rage O holic apologists want to even acknowledge that their beloved party would be in league with the other side.


No "sides" are in league here.  Just rich c*nts in love with their money above everything and everyone else.  There are no sides in the final stage of selfishness, only "me, me, me!".
 
2022-09-30 9:01:42 AM  

Iggie: NathanAllen: In this alone I agree that BSAB.

But SVR isn't the answer. Elect Democrats who believe that the role of the Government is not to enrich themselves.

The Rep for my District does and is the real deal.

My rep put his money into a blind trust after he won his seat. I think it is the bare minimum we should expect from our elected officials.


There should be no argument otherwise.
 
2022-09-30 9:47:50 AM  

durbnpoisn: Jumbled: durbnpoisn: We need to have a third branch of lawmakers specifically to regulate the actual lawmakers.

Because it seems that the only time they pass any new rules about how THEY should behave, it's in their favor.  Like giving themselves a raise.

How did we set this up that no new rules can be enforced on the lawmakers unless the lawmakers create and sign the rule?  Something that is pretty much never going to happen.

WE THE PEOPLE control Congress.
Stop voting for crooks to represent you.

Here is what makes that comment completely ridiculous an pointless:  We can only vote for the people that the party puts in front of us.  If all we have is a choice between two people that are crooks, who do we vote for?

Case in point...  Take a look at the primary that gave us Dr Oz.  It was a choice between a lying hedge fund manager, ex-military, election denying gun nut, or a known snake-oil salesman and quack who doesn't even live in the state.

Those were the choices given to the voters.  And there is every chance that Oz will win the seat.

So tell me again how WE THE PEOPLE control who gets into Congress.


I'm not going to tell you again. Figure it out for yourself.
 
2022-09-30 9:49:04 AM  

Lusiphur: Likwit: Lusiphur: Of all the bullshiat going in in the world, this is clearly a top priority. Get out the torches and pitchforks, boys! Someone's may be making more money than me! fark everything else, we gotta do something about that, right now!

Hear, hear. Never fix anything unless it's the most important problem of that time!

STFU,R

Or, you know, at least in the top 100 problems.


The intermingling of money and politics is literally the #1 problem with politics, and always had been since the first gold coin was created.
 
2022-09-30 10:01:27 AM  

Psychopompous: LL316: That's farking stupid. It's something that everyone in the country, even MAGAts, supports. Get the GOP on record voting against it right before an election.

I wouldn't be so sure about MAGAt support for a ban on insider trading in Congress. TFG and his family of flying monkeys took every opportunity to enrich themselves while in office, and neither the RINOs, nor the MAGAts said anything about it. I have read many MAGAts arguing that TFG's blatant violations of the Emoluments Clause were entirely justified by TFG's status as a wealthy businessman having to sacrifice his valuable time running the Trump Organization in order to be President.
[fabioparasecoli.com image 850x510]
What do you want to bet that TFG and his spawn bought stock in Goya before these tweets went out? Aside from rewarding Goya's big money Republican donors, this tweet advertised MAGA contempt for ethical norms.


It's ok for DTJ to do it. But it angers them just as much as the rest of us when others do it.
 
2022-09-30 10:13:29 AM  

Creepy Lurker Guy: Oh dear.

Hoyer is up for re-election and during elections he makes the rounds of the polling places.  I'm an election judge and usually get to speak with him.

I wonder if I should mention this.


Yes.
 
2022-09-30 10:17:34 AM  

Wine Sipping Elitist: The Obama Admin had a policy against lobbying, but if I recall once they left office they all ended up being lobbyists anyway. It is political incest, they feed off of each other.


A certain Vice President made Obama rescind said policy.
 
2022-09-30 10:18:45 AM  

durbnpoisn: Here is what makes that comment completely ridiculous an pointless:  We can only vote for the people that the party puts in front of us.  If all we have is a choice between two people that are crooks, who do we vote for?


Third Party.
 
2022-09-30 10:36:38 AM  

D135: [Fark user image 425x501]


Nah, that's not nearly manic enough driving for Mr. Pelosi when Nancy has some juicy insider information for him.
Kenny Bräck in the wild Ford GT40 at Goodwood Revival 2013
Youtube 1jF__B1xpJY
 
2022-09-30 10:41:26 AM  

Iggie: NathanAllen: In this alone I agree that BSAB.

But SVR isn't the answer. Elect Democrats who believe that the role of the Government is not to enrich themselves.

The Rep for my District does and is the real deal.

My rep put his money into a blind trust after he won his seat. I think it is the bare minimum we should expect from our elected officials.


I'd be fine with an index fund. It's the buying individual stocks and bonds that are a problem for me.
 
2022-09-30 10:53:29 AM  

billinder33: Lusiphur: Likwit: Lusiphur: Of all the bullshiat going in in the world, this is clearly a top priority. Get out the torches and pitchforks, boys! Someone's may be making more money than me! fark everything else, we gotta do something about that, right now!

Hear, hear. Never fix anything unless it's the most important problem of that time!

STFU,R

Or, you know, at least in the top 100 problems.

The intermingling of money and politics is literally the #1 problem with politics, and always had been since the first gold coin was created.


And even if it were the case, this move still wouldn't accomplish taking money out of politics.
 
2022-09-30 10:54:25 AM  

Farkonaut: durbnpoisn: Jumbled: durbnpoisn: We need to have a third branch of lawmakers specifically to regulate the actual lawmakers.

Because it seems that the only time they pass any new rules about how THEY should behave, it's in their favor.  Like giving themselves a raise.

How did we set this up that no new rules can be enforced on the lawmakers unless the lawmakers create and sign the rule?  Something that is pretty much never going to happen.

WE THE PEOPLE control Congress.
Stop voting for crooks to represent you.

Here is what makes that comment completely ridiculous an pointless:  We can only vote for the people that the party puts in front of us.  If all we have is a choice between two people that are crooks, who do we vote for?

Case in point...  Take a look at the primary that gave us Dr Oz.  It was a choice between a lying hedge fund manager, ex-military, election denying gun nut, or a known snake-oil salesman and quack who doesn't even live in the state.

Those were the choices given to the voters.  And there is every chance that Oz will win the seat.

So tell me again how WE THE PEOPLE control who gets into Congress.

You could if generations younger than GenX would actually get off their arses and farking vote and stop blaming everyone else for why their candidates don't win primaries.


WTF are you on about?
The party chooses the candidates, and THEN the people get to vote.
Unless you are suggesting a 3rd party candidate.  Because, yeah, that happens all the time.

No amount of GenXers voting right now are going to change that.  Because they STILL have no real choice for who they are voting.
 
2022-09-30 11:09:25 AM  
So, the whole adding Supreme Court justices to the bill as a poison pill was all just a bunch of BS speculation.  What do you know. If they don't want a bill passed some random politician will just shelve it on a Friday.  No complex or conspiratorial narrative required.  Unless your goal is to attack the player and deflect from the game.
 
2022-09-30 11:41:09 AM  

durbnpoisn: Farkonaut: durbnpoisn: Jumbled: durbnpoisn: We need to have a third branch of lawmakers specifically to regulate the actual lawmakers.

Because it seems that the only time they pass any new rules about how THEY should behave, it's in their favor.  Like giving themselves a raise.

How did we set this up that no new rules can be enforced on the lawmakers unless the lawmakers create and sign the rule?  Something that is pretty much never going to happen.

WE THE PEOPLE control Congress.
Stop voting for crooks to represent you.

Here is what makes that comment completely ridiculous an pointless:  We can only vote for the people that the party puts in front of us.  If all we have is a choice between two people that are crooks, who do we vote for?

Case in point...  Take a look at the primary that gave us Dr Oz.  It was a choice between a lying hedge fund manager, ex-military, election denying gun nut, or a known snake-oil salesman and quack who doesn't even live in the state.

Those were the choices given to the voters.  And there is every chance that Oz will win the seat.

So tell me again how WE THE PEOPLE control who gets into Congress.

You could if generations younger than GenX would actually get off their arses and farking vote and stop blaming everyone else for why their candidates don't win primaries.

WTF are you on about?
The party chooses the candidates, and THEN the people get to vote.
Unless you are suggesting a 3rd party candidate.  Because, yeah, that happens all the time.

No amount of GenXers voting right now are going to change that.  Because they STILL have no real choice for who they are voting.


You're not supposed to notice that the system is rigged.
 
2022-09-30 11:44:38 AM  

ArcadianRefugee: Maybe you should drive: FTA:  Pelosi and Hoyer have been among those prominent opponents, noting that federal law already prohibits insider trading and warning that a special ban for members of Congress might dissuade talented people from running for office.

Talented people might be dissuaded if they are told not to do the things they aren't supposed to do anyway.

That's some logic there.


They're practically coming right out and saying, "If we ban insider trading, who'd even want to run for Congress? That's practically all we do." And we should be outraged.
 
2022-09-30 11:45:23 AM  

NathanAllen: In this alone I agree that BSAB.

But SVR isn't the answer. Elect Democrats who believe that the role of the Government is not to enrich themselves.

The Rep for my District does and is the real deal.


And yet people Funnied this. Why? Because they want them to do insider trading? Because who the hell could be against banning that?
 
2022-09-30 11:47:57 AM  
This isn't about Democrats or Republicans. It's about the rich versus the rest of us. And some of those Democrats are also very, very rich, and their interests oppose ours. The letter after their name doesn't matter, except for the fact that Republicans don't even try to pretend they're not evil, while Democrats insist they're the moral party.

Insider trading is immoral.
 
2022-09-30 12:27:54 PM  

austerity101: This isn't about Democrats or Republicans. It's about the rich versus the rest of us. And some of those Democrats are also very, very rich, and their interests oppose ours. The letter after their name doesn't matter, except for the fact that Republicans don't even try to pretend they're not evil, while Democrats insist they're the moral party.

Insider trading is immoral.


So which is worse... outright evil or the kind that pretends?
 
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