Why represent the people when you can insider trade instead??
Look at those returns!
You're over there celebrating a 4% raise against 7% inflation but outgoing Rep. Brian Higgins (D-NY) had a TWO HUNDRED AND THIRTY NINE PERCENT year-to-date return on his investments.
Talk about beating Bidenflation!!
Mark Green (R-TN), Garret Graves (R-LA), and David Routzer (R-NC) all had over 100% YTD returns as well.
If you're wondering, that gold SPY bar is the measurement of how the market is doing in general. SPY is an exchange-traded fund that measures the returns of 500 major publicly-traded companies (the S&P 500). It's a good measurement of average returns in the stock market.
You'll notice it's at 24%.
But our politicians are trading at 2-10x that amount. Uncanny! They must be geniuses!
Especially those Democrats:
(Link is here to that full report)
Remember how Nancy Pelosi flew to Taiwan in early 2022 to meet with computer chip makers as part of her push for new legislation here in the U.S. for chip manufacturing?
Maybe you roll your eyes at the corruption but you don't really care about inside baseball in the stock market.
But understand this: When Pelosi or other politicians enrich themselves with inside knowledge, there was someone out there who bet the other way. It's not the smart or lucky people who are winning: It's the cheaters with inside knowledge of US power putting its thumbs on the scales.
How do you think that effects each one of us?
Everything we do in life is a game of sorts. The more people who get to play the game, the better.
Say we think of life like a casino. Most of us just play the slot machines and other small games. But some people try their luck at bigger games like blackjack or poker.
Not everyone is going to win, but if the game is fair, then those with the skill and luck to advance will become winners. Their success helps attract others to the tables. More people want to play the game.
Now say a few of the players have arrangements with the house (we'll call it the U.S. government). The house knows when a Jack (let's call it a semiconductor bill) is about to be played. Those players know when a table or a hand is about to be hot, so they bet big.
And they win. OVER AND OVER, they win.
What do you think happens to everyone else playing? Do you think they wish them well? Heck no! They complain, they get angry, and they quit playing.
Of course, in real life, the casino is the economy, so we can't stop playing entirely. Most of us just keep putting nickels into the slot machines, hoping we get some scraps. A few smart people learn to cozy up to the power players. A lot of people who don't understand the situation keep losing everything they own.
Like the conditions that created the current housing market and inflation, Congress's market theft is creating conditions where no one wants to play, or where they can't play and are desperate to do whatever they can to survive.
And when you create those conditions ... well, let's just say Congress better limit itself fast before people do it for them.
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