President Biden signed a bill that states if TikTok doesn't cut ties with its China-based parent company ByteDance over the next nine months to a year, it will be banned in the U.S.
That’s not true. It’s still illegal even though they get away with it. You’re thinking of bribery lobbying.
According to the STOCK Act of 2012, they could be brought up on charges for a trade performed after gaining knowledge of a pending change in legislation that would affect the value of a stock, prior to the legislation being publicly enacted. The SEC just hasn’t charged them.
What they do is not legal, they just live above the law.
That doesn’t change the law. It’s simply evidence that Congress lives above it. Seven Democrat Senators cosponsored a bill in September to ban the practice entirely. It died at introduction.
Pathetic watching ancient, feeble rich people about to return to the dust from whence they came still frantically positioning to boost their ego scores.
It’s as if they believe their preferred invisible sky mommy/daddy will accept a bribe of earthly currency.
Congressional Representatives and Senators are shielded from most insider trading laws. She could literately buy in, flip the SEC the bird, and go on her merry way.
Well, as it is what her husband did for a living his entire very successful life, but sure the Lady you don’t like is wrong for him doing his job well.
A: which is why him having a ton of money he made more with isn’t a relevant condemnation of the woman.
B: his having a shit ton of money already helps a hell of a lot more so fuck off with your unsubstantiated claim.
C: at no point did I remotely suggest she did so fuck off with your attempt to imagine things to argue about since you’ve not a leg to stand upon.
As she didn’t join Politics until '87, guess they invented communicating to with their past selves, lmao. If you’ve got any proof, kindly advise the FBI. Where as you’ve none, head on back to peddle that shit to fux nooz.
Christ, am I supposed to memory hole that Pelosi’s husband making a shit ton of money off stocks THREE YEARS AGO is what led to a round of antitrust bills getting introduced? Is there literally any criticism of these rich fucks you can hear without immediately shrieking about conservatives?
Well, you are shit holing that he made a shit ton of money before her first Campaign. So perhaps instead of doubling down upon your unsubstantiated right wing bull shit propaganda, actually check what happened. But you won’t Instead you’ll go on pretending you didn’t know that folks with a shit ton of money go on to make more shit tons of money so you can maintain your delusional belief in fux newbs’ distraction.
For real. You know Pelosi is already investing.
If she’s investing at the same time you’re getting the information, she missed the best time to buy. She might have hedged her bets and bought early
Fun fact: Congresspeople can legally inside trade, but the rest of us cannot.
That’s not true. It’s still illegal even though they get away with it. You’re thinking of
briberylobbying.According to the STOCK Act of 2012, they could be brought up on charges for a trade performed after gaining knowledge of a pending change in legislation that would affect the value of a stock, prior to the legislation being publicly enacted. The SEC just hasn’t charged them.
What they do is not legal, they just live above the law.
If everyone doing it gets away with it, then is it actually illegal?
Yes. It is. They just need to be arrested and prosecuted. I agree that it should be taken more seriously, considering that it’s against the law.
No one has ever been prosecuted in the decade and change that it has been illegal, despite frequent violations.
That doesn’t change the law. It’s simply evidence that Congress lives above it. Seven Democrat Senators cosponsored a bill in September to ban the practice entirely. It died at introduction.
https://www.congress.gov/bill/118th-congress/senate-bill/2773/all-actions-without-amendments
Oh you sweet summer child.
For sure they’re already in way before general public
Pathetic watching ancient, feeble rich people about to return to the dust from whence they came still frantically positioning to boost their ego scores.
It’s as if they believe their preferred invisible sky mommy/daddy will accept a bribe of earthly currency.
I would rather chill in my basement.
it’s an addiction
Don’t worry everyone, it’s just pelosi’s 3rd cousin doing the investing so that makes everything totally cool and totally legal.
Congressional Representatives and Senators are shielded from most insider trading laws. She could literately buy in, flip the SEC the bird, and go on her merry way.
Well, as it is what her husband did for a living his entire very successful life, but sure the Lady you don’t like is wrong for him doing his job well.
A. Her husband is not a lawmaker. B. I’m sure her position helps C. Don’t simp for politicians. They DGAF about you.
A: which is why him having a ton of money he made more with isn’t a relevant condemnation of the woman.
B: his having a shit ton of money already helps a hell of a lot more so fuck off with your unsubstantiated claim.
C: at no point did I remotely suggest she did so fuck off with your attempt to imagine things to argue about since you’ve not a leg to stand upon.
I’m pretty sure I could be incredibly successful at trading stocks as well if I was married to a Senator who could give me inside information, lmao.
As she didn’t join Politics until '87, guess they invented communicating to with their past selves, lmao. If you’ve got any proof, kindly advise the FBI. Where as you’ve none, head on back to peddle that shit to fux nooz.
Christ, am I supposed to memory hole that Pelosi’s husband making a shit ton of money off stocks THREE YEARS AGO is what led to a round of antitrust bills getting introduced? Is there literally any criticism of these rich fucks you can hear without immediately shrieking about conservatives?
Well, you are shit holing that he made a shit ton of money before her first Campaign. So perhaps instead of doubling down upon your unsubstantiated right wing bull shit propaganda, actually check what happened. But you won’t Instead you’ll go on pretending you didn’t know that folks with a shit ton of money go on to make more shit tons of money so you can maintain your delusional belief in fux newbs’ distraction.