• aesthelete@lemmy.world
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    42 minutes ago

    They’re capitalists, in that they capitalize on their insider knowledge and send others to jail for doing the same thing.

  • MTK@lemmy.world
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    3 hours ago

    Wow, crazy that members of congress are on average better than most investors, maybe they should change careers!

    No… Seriously… Please change careers…

    • FlashMobOfOne@lemmy.world
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      14 hours ago

      Fun fact.

      As an investor, you can ride their insider-trading coattails legally by investing in the ETF’s NANC or KRUZ.

      • originalucifer@moist.catsweat.com
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        14 hours ago

        isnt this the disgusting reminder that they also made it so no one can find out their trades until 30 days later… purposefully giving their self-made-legal insider trading illegal for regular people?

        • FlashMobOfOne@lemmy.world
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          14 hours ago

          NANC is up 53% over the last five years.

          KRUZ is up 27% over the last five years.

          Those aren’t Pelosi numbers, but pretty good. You could do a whole lot worse.

          • NotMyOldRedditName@lemmy.world
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            11 hours ago

            The S&P500 is up 75.38% in the past 5 years, so following Nancy via the ETF wasn’t anything special.

            We all know she did better than that 53% though…

    • ExtremeDullard@lemmy.sdf.org
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      15 hours ago

      Perish the thought!

      I’m convinced members of congress consistently outperform the market because of their superior intelligence. After all, we elected them, so by definition they’re the best of us. Right?

  • Blue_Morpho@lemmy.world
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    15 hours ago

    And once again Pelosi is highlighted despite many Republicans outperforming her in the market.

    She hasn’t been Speaker of the House for 2 years.

    • Zaktor@sopuli.xyz
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      14 hours ago

      She’s consistently a top trader and personally derailed efforts to ban stock trading. I think she deserves the heat.

      • Blue_Morpho@lemmy.world
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        13 hours ago

        Other Republicans are consistently ahead of her. They also voted against banning Congressional insider trading.

        Yet it’s only Pelosi.

        • theunknownmuncher@lemmy.world
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          12 hours ago

          I agree with you in that they should all be held accountable including Pelosi.

          That said, the source is Fortune… I’m not exactly shocked that this article isn’t 100% honest or telling whole-truths…

        • Zaktor@sopuli.xyz
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          12 hours ago

          She was the minority/majority leader. She didn’t just vote against it, she organized toothless counter proposals to defuse momentum. She’s more responsible than any of those other (also terrible) Republicans.

      • RedditRefugee69@lemmynsfw.com
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        60 minutes ago

        So many more comments calling for revolution, riots, and assassinations than there are in actuality.

        Easier to talk big talk I guess.

      • Lost_My_Mind@lemmy.world
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        11 hours ago

        Occupy wallstreet was a peaceful protest, which started to work, so the media shut it down.

        These L.A. wildfires are either approaching or have already hit rich people neighborhoods, and aren’t expected to stop anytime soon.

        It wouldn’t surprise me if these fires started with the idea of burning the elite in mind. I’m not saying that’s the case, but if it is…damn. Last I heard these fires already did like 3 billion in damage. If they hit the mansions it’ll probably trillions.