Come here for a roundup of all the politicians in a new report who seem to be guaranteed winners in the stock market 🤨
· Sep 16, 2022 ·

There is something seriously rotten in DC, and it isn't a party issue.

A new report from The New York Times highlights how nearly a hundred members of Congress have gotten filthy rich over miraculously-timed trades on Wall Street in recent years.

Nearly 1-in-5 members of Congress have either made trades themselves or had a close family member make a trade from 2019-2021.

It is illegal for many people in the financial world to trade individual stocks, as well as some in the media and other industries that might have inside knowledge.

But politicians are allowed to trade freely, and they've been winning big.

Look at that:

More than HALF of these people sit on committees that likely give them inside knowledge about the market.

This is why Nancy Pelosi's husband can buy up a bunch of computer chip stock before a vote on a bill to invest in computer chips.

Here's a great analysis of the NYT article with some additional highlights:

The only way to read this is that many of our representatives are more interested in enriching their wallets than enriching their nation, and such an incentive platform is likely drawing the worst type of people to the job.

If the love of money is a root of many evils, why in the heck are we allowing the most powerful people in the country to screw everyone else over by playing dirty ball?

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