Kansas Crimson

ousdahl wrote: ↑Thu Dec 16, 2021 8:25 am I think it’s a conflict of interest. We shouldn’t have to ask ourselves whether the ones making the rules are also breaking the rules.

Despite illy’s attempts to zing me, I think he actually did a good job of making my point for me.

Lawmakers are privy to all sorts of confidential information, and they shouldn’t be able to leverage that for their own personal gain. How is that a free market?

Pelosi’s been a congresswoman for years, always earning under $200k in salary, yet somehow she’s worth almost
$200 mil.

This isn’t the best analogy, but - would you be cool playing basketball if one of the players on the opposing team was also a ref?

I want you to know (and understand) that I feel there are scumbags in congress who absolutely shouldn't be allowed to buy and sell stock/s but I worded my question the way I did on purpose.
Reason being, obviously the the SEC, IRS, FBI, is/are supposed to monitor what a congress person knows and doesn't know in regards to "insider info" and their ability to trade and manipulate stock prices.
If a congressperson is honest and is not privy to "inside info", then it shouldn't be a "conflict of interest" by definition.
I understand those who say it's best to error on the side of caution and assume congress people are NOT going to be honest so they shouldn't be allowed to buy and sell stock but then we enter a very slippery slope. How do we make a law (that would probably ultimately have to be voted on by congress) that would punish the honest people in congress? If they were "banned" from trading stocks then how do we know they are not having people trade for them? How far out do we take it? You're a congress person and your 2nd cousin's doctor isn't allowed to trade?

When our company went public, we were told we can not have immediate family members invest in our company. We have EXTREMELY strict and complex compliance rules and procedures so it's really not even something I would want want to be involved in even if they could invest in our company. Meanwhile, UNKNOWN to me at the time, I found out my brother in law bought stock in our company.
I wasn't happy he didn't initially tell me because I was supposed to report it to compliance. He didn't know that so I couldn't be mad at him but it caused some conflict and the upshot was while he's not "immediate family", of course if I had any "inside info" I could leak it to him and BOTH he and I could get in some serious trouble. I was basically told he can keep his stock (although it would probably be best for everyone if he sold it) but I was to NEVER discuss anything investment related about our company with him.

As far as Pelosi, that's a conundrum. One could assume and say she and her husband made some very good investments but as you have alluded to, how much of that is/was "kosher"? I have no idea.

ousdahl wrote: ↑Fri Dec 17, 2021 8:09 am

It'll never happen. That's why the elites are trying to find another planet for their future family to live on.

Well, it seems maybe just maybe there’s a growing awareness among Mericans that maybe “the elites” were and are just greedy assholes all along, and we should have never been letting them decide the world’s fate for us?

Or, folks could just get back to literally dying for their shit wage factory jobs while the boss tweets about space vacations. #merica

BasketballJayhawk wrote: ↑Fri Dec 17, 2021 10:19 am

ousdahl wrote: ↑Fri Dec 17, 2021 8:09 am

It'll never happen. That's why the elites are trying to find another planet for their future family to live on.

“The meek shall inherit the earth”

lol

BasketballJayhawk wrote: ↑Fri Dec 17, 2021 10:19 am

ousdahl wrote: ↑Fri Dec 17, 2021 8:09 am

It'll never happen. That's why the elites are trying to find another planet for their future family to live on.

I laughed.
What's not funny is that 99% of "the elites" are NOT doing that. Maybe more should? Way too many people (rich, poor, and in-between) on this planet suck and it is progressively getting worse.

Should go in the Facebook thread but pretty pols boredy. So why not put it here:

https://www.businessinsider.com/faceboo ... 021-12?amp

After Haugen appeared on CBS' "60 Minutes" in early October, Facebook went on the offensive against its former employee, The Wall Street Journal reported on Wednesday.

Facebook's Washington-based lobbyists and public relations staff are said to have spread the word among Republican lawmakers, advocacy groups, and Conservative media that Haugen had "partisan motives," the paper said.
…

Facebook is among the highest spenders on corporate lobbying in America, beating out Exxon-Mobil, Comcast, and Amazon for the number one spot in 2020, according to a report published by Public Citizen. The social media giant is said to have spent just shy of $20 million in 2020.
…

"When our work is being mischaracterized, we're not going to apologize," spokesman Andy Stone told the Wall Street Journal. "We're going to defend our record."

Representatives for Facebook, which is owned by parent company Meta, did not immediately respond to a request for comment

(among other things, LOL at “defending your record” then not replying to requests for comment)

Is Fauci an evil rich person?
Senator Marshall seems to think so.

https://www.kmbc.com/article/senate-hea ... n/38739699#

at the risk of becoming evil, i’m bout to become a share-holder in my company (preemptive retention plan)

now i just need the housing bubble to burst so i can swoop in and make a killer investment

KUTradition wrote: ↑Mon Jan 17, 2022 10:57 am at the risk of becoming evil, i’m bout to become a share-holder in my company (preemptive retention plan)

now i just need the housing bubble to burst so i can swoop in and make a killer investment

Lobster says you’re gonna need a DeLorean

and a deal with the Libyans to procure plutonium?

And you might have to make out with your mom.

PhDhawk wrote: ↑Mon Jan 17, 2022 9:40 pm And you might have to make out with your mom.

Whatever it takes to get that Flux Capacitor

KUTradition wrote: ↑Mon Jan 17, 2022 10:57 am at the risk of becoming evil, i’m bout to become a share-holder in my company (preemptive retention plan)

now i just need the housing bubble to burst so i can swoop in and make a killer investment

Don't worry too much about selling your soul. The cash you can get for that shit will allow you to buy all kinds of cool stuff to fill the void.

japhy wrote: ↑Mon Jan 17, 2022 10:17 pm

KUTradition wrote: ↑Mon Jan 17, 2022 10:57 am at the risk of becoming evil, i’m bout to become a share-holder in my company (preemptive retention plan)

now i just need the housing bubble to burst so i can swoop in and make a killer investment

Don't worry too much about selling your soul. The cash you can get for that shit will allow you to buy all kinds of cool stuff to fill the void.

Like, a Jet Ski?

nobody wants a jet ski. A 4 wheeler though....way more uses. I need to get one again.

This guy disagrees with your assessment