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/biz/ - Business & Finance


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55758192 No.55758192 [Reply] [Original]

why are US senators allowed to short the economy with insider information as they're on finance committees?

>> No.55758207

>>55758192
big deal he bought an inverse nasdaq etf to hedge like any sane person would right now. thats clickbait

>> No.55758212

>>55758192
because they are all in a big club and no one will stop them

>> No.55758228

>>55758207
thanks chatgpt but I want a real answer

>> No.55758237

>>55758207
fpbp, it's just fucking PSQ and HDGE which are common as dirt and he didn't even trade a huge amount. There are real insiders making extremely specific trades openly and they won't report on it.

>> No.55758253
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55758253

>>55758192
As was true in the early years of the republic, the country is governed by a commercial oligarchy, and a citizen who cannot afford the luxury of a contrary opinion learns of necessity to dance the beggar's waltz.

>> No.55758400

>>55758192
why do tax brackets not increase as minimum wage and col does
why do the salaries of the basically one thousand employees of the federal government not get paid like 1 million a year nowadays when that's about the modern equivalent of their past salary?
why doesn't everyone agree to remedy this with common sense reforms?
maybe because people are all gay faggots

>> No.55758406

>>55758192
Because we're cucks and allow them to. Congress does literally nothing all year and is on vacation like 1/3 the year while giving themselves giant pay raises lol.

>> No.55758411

>>55758192
OP you have stated zero reasons why they shouldn't be able to. Why does it make you mad?

>> No.55758425

>>55758411
why should sitting officials be able to short the economy? they can then pass things that are bad for the economy to make money
why can they invest at all? aren't they public servants?

>> No.55758434

>>5575840
This is why
https://youtu.be/ah2tbJg9_MI

>> No.55759014

it's so sad that /biz/ supports this

>> No.55759034

>>55758192
You won't do shit