Yeah well the problem, a lot of people responsible for making these laws a reality, own stocks. And you can bet your bottom dollar, they’re not giving that up for what’s “Right”. Not even the most Liberal of them. It’s a nice thought of course.
The idea is to not be able to trade individual stocks while in office, just have index funds, which should theoretically limit the ability to use insider knowledge for market manipulation. It’s a pretty big no Brainer for public trust, but this is congress we are talking about, so…
Yeah well the problem, a lot of people responsible for making these laws a reality, own stocks. And you can bet your bottom dollar, they’re not giving that up for what’s “Right”. Not even the most Liberal of them. It’s a nice thought of course.
The idea is to not be able to trade individual stocks while in office, just have index funds, which should theoretically limit the ability to use insider knowledge for market manipulation. It’s a pretty big no Brainer for public trust, but this is congress we are talking about, so…