Are Trump’s 3,642 Stock Trades in Q1 the Clearest Case for Banning Politicians From the Market?

If they don't do insider trading, how can they feed their family?

If I commit crimes to feed my family, is it really a crime?

 

This sure seems like day trading with inside information.

 

I need to get on those internal communications

Rocket River

 

Trump personally bought and sold millions of dollars worth of stock in technology companies and government contractors early this year, according to new government records.

In total, he made at least $220 million in financial transactions.

The Trump admin directly regulates some of these companies — and many of these trades coincided with favorable regulatory decisions.

 

People are really stupid if they think this guy is just gonna leave office on his own.

 

But did you know that Hunter Biden once called his dad at a dinner meeting?

 

The DOJ not prosecuting him is tearing the country apart.

DD

 

He got a job he wasnt qualified for! Ac

 

My company 401K plan had a select list of index funds in which you could invest. Should be the same for politicians and anyone else in a governmental position to have privileged information.

 

Comparing Nancy Pelosi to the actual president who gets to dictate policy and single handily give exception to corporations. What a dumb bish you are.

 

Republicans literally spent hundreds of millions of dollars investigating soemthing that Hunter did while Joe Biden was vice president (they found no evidence of wrong doing) . Now we have the actual president peddling billion dollar crypto scams and trading on insider knowledge and all those republicans suck him off. It's comically hilarious.

Don't forget to tag those disingenuous hacks who spammed this section @tallanvor @StupidMoniker @Os Trigonum. Hacks who believe in nothing

 

Pelosi is the queen of insider trading, I haven't seen a broke Democrat walk into a political position and not leave a millionaire.... At least Trump was already rich without politics.... You are really bad at this...

 

I don't know why you MAGA nutcases have Pelosi Derangement Syndrome. Maybe you have a grandma fetish or something.

-Nancy Pelosi is not the President
-Nancy Pelosi is not spending a billion dollars a day on a stupid war in the Middle East nobody wanted
-Nancy Pelosi is not leading a cover up of the Epstein Files
-Nancy Pelosi is not responsible for kicking millions of people off of health insurance, and jacking up the cost for everyone else
-Nancy Pelosi did not take a dozer to the East Wing of the White House and force the American Taxpayer to fund a BILLION DOLLAR ballroom in her honor.
-Nancy Pelosi did not setup a 1.7 billion dollar slush fund to pay her cronies, supporters, and herself with tax payer's money.

Should I go on?

So fck off with your Nancy Pelosi Derangement Syndrome. You guys are freaking out of your minds.

 

There is definitely a problem with Congress owning stocks, but you consume too much right-wing material without any critical thinking at all.

Most of Pelosi's huge return is from long positions. That is still a problem due to conflict of interest, but it is NOT insider trading.

Insider trading is rarely done through long positions.

What's being reported for Trump is apparently a massive number of stocks bought and sold within a quarter. That's a short position, and it is easy to see how that can be done with insider knowledge, or used to manipulate the market with his own policies, in addition to the conflict of interest.

 

But she is in a position to have insider knowledge. Of course, she doesn't control policy directly, and thus she cannot move the market directly as Trump can and has.

 

Also.... Insider Trading IS ILLEGAL even if members of Congress are allowed to trade stocks. You are a complete moron if you think that if there was any shred of evidence for Nancy Pelosi insider trading that the Trump DOJ would not have already filed charges yesterday.


And yes I do think that a new law should be passed to ban stock trading while members of Congress are in office. However I understand it's a slippery slow with how retirement investments are setup We should definitely pass new laws to curtail it as much as possible and they should give a marginal increase in salary to members of Congress so they no longer have the talking point that they don't make enough to support housing in DC with security, and also living in their districts.

Oh and overturn Citizens United to roll back the corruption in general in DC. That is by far the most important measure to take to start to have an impact.

 

Here's another good example of Trump doing just that.

Trump Bought Stock in Drugmaker as His Government Boosted Its Obesity Drugs

President Donald Trump earlier this year bought as much as $680,000 in stock of Eli Lilly, the maker of blockbuster obesity drugs, as the agencies he oversees undertook an agenda that largely benefited the company.

The disclosure forms — which bear Trump’s distinct signature — give ranges rather than exact dollar amounts for the trades. They show seven purchases of Lilly stock made on the president’s behalf through the end of March, the first of which occurred on Jan. 6.

During that period, and just afterward, several Trump administration initiatives ultimately benefited Lilly. Perhaps the biggest was an initiative from the Centers for Medicare & Medicaid Services, which was proposing a pilot program — a temporary “bridge,” potentially followed by permanent reimbursement — through which Medicare patients would pay $50 a month for GLP-1 drugs.

https://kffhealthnews.org/health-in...-weight-loss-drugs-invest-ethics-disclosures/