Nowadays super riches run the show and even the illusion of democracy is gone.
Another thought: many political elites are probably waiting and pushing for Trump to fail to take over. It is us who are going to suffer.
The 10 best performing historical congress people stocks are all republican,a ll men, all funded by lobbys like heritage foundation...
But the face of insider trading becomes a democrat and a woman
Its sooo diffcult to guess why it happened
Chuck Schumer is the whip of the party, as mentioned she isnt even top 10 in performance, her party didnt legalise the activity, other members are aggresive in their pursuit of insider trading information (MTG was part of the most committees during her tenure, but she skipped almost all votes after that, she just wanted the scoop adn then bolted) ...
So why her?
The most common excuse is "well people demand more of dems because everyone knows republicans are crooks", which doesnt explain why more senior leaders, ex presidents etc are the ones hounded instead of her.
how ever surveys by lobbys like the ones owned by the Koch brothers show which politicians people find unlikeable. Unsurprsingly many are unremarkable women, just like Nancy, which makes them easy targets for public campaigns in favour or against.
If you name the most talked about politicans of the past 20 years, outside of the pres (Obama, Biden, Trump) you get mostly women (Sarah Palin, Kamala Harris, Nancy Pelosi, AOC, MTG, Kristi Noem, Laurent Bobert) that is not a coincidence and it explains why no one could pick Schumer, who is senior leadership, in a police line up but can tell you the many dogs Kristi killed
It’s hardly her face. After so much plastic surgery, it’s arguable it’s not even her own anymore.
Comments should get more thoughtful and substantive, not less, as a topic gets more divisive.
Which is ridiculous because the entire thing was largely fabricated by the media for those juicy clicks. It was a "half truth" story that hinged on the public's general ignorance of derivatives trading.
While she acquired Nvdia shares days before the bill passed, it was entirely coincidental, because she had put in for those shares over a year prior. Craziest of all, which the media would never fucking say, is that she lost money on the trade.
Nancy Pelosi's most infamous insider trade is one she lost money on. It's one of the core stories I use as an example of how shamelessly misleading the media is. Destroying the country for ad views.
So, two things. First, she's made quite a bit more than a few million dollars. Second, she's been an example of being a "suspiciously good trader" for years and years and years. Has anything happened to her? Republicans talk about her and do nothing about it. Democrats say it's a conspiracy theory. The behavior has quite clearly been normalized.