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  2. Ban Stock Trading by Congress-Critters?
December 18, 2024 at 7:32 AM

Ban Stock Trading by Congress-Critters?

Sisyphus
@Sisyphus

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Love him or hate him, this best version of Joe Biden has his extraordinary moments. Fearlessly pardoning his beloved son—so unfairly maligned; being photographed wearing a scarlet "Make America Great Again" cap as his vice president ran, er, cackled for the office of President of the United States against WorseThanHitler.

With the earlier version of Joe Biden, there was his conduct concerning the Clarence Thomas Senate hearings for nomination to the Supreme Court. Republicans reviled him for bringing forth the ludicrous soda can the testimony of Anita Hill, and Democrats reviled him for allowing the Republicans time to cross-examine Hill in session. His is a long and storied career, but his latest is amazing, even by the standards he has set for himself.

Mallory Wilson writes in the Washington Times:

President Biden has thrown his endorsement behind a ban on stock trading by members of Congress. “I think we should be changing the law,” Mr. Biden said in an interview published Tuesday. “Nobody in the Congress should be able to make money in the stock market while they’re in the Congress.”

Of course, CCP Joe has personally demonstrated that stock market trading, like the Clinton Whitewater deals, is too inefficient a ploy to attract officeholders with any actual clout. Since reforms like this have historically avoided provisions to curtail an officeholder's family from participating in those money-making opportunities, the officeholder's influence buys them (ref: Peter Schweitzer's considerable opus).

We are very fortunate to have such a wise and able counselor as President Biden on matters so central to the crises of our time. His acuity in this matter caused my soda to evacuate via my nostrils. I despair of any hope that I might properly pay him back for this.

This post was promoted to the Main Feed at the recommendation of Ricochet's members.

Discussion (35)

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    Arahant@Arahant·1y
    Sisyphus (View Post):
    His acuity in this matter caused my soda to evacuate via my nostrils.

    Cojones bigger than Jupiter.

  • CHARTER MEMBER

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    Sisyphus@Sisyphus·1y
    ReplyingtoArahant

    Arahant (View Comment):

    Sisyphus (View Post):

    Sisyphus (View Post):
    His acuity in this matter caused my soda to evacuate via my nostrils.

    Cojones bigger than Jupiter.

    He's shining his halo for the epic self blanket pardon. An Olympics event of the stringently honorable office holder.

  • To read this bio, please join Ricochet.

    tigerlily@tigerlily·1y
    ReplyingtoSisyphus

    Arahant (View Comment):

    Sisyphus (View Post):

    Sisyphus (View Post):
    His acuity in this matter caused my soda to evacuate via my nostrils.

    Cojones bigger than Jupiter.

    Sisyphus (View Comment):

    He’s shining his halo for the epic self blanket pardon. An Olympics event of the stringently honorable office holder.

    If Pelosi (the biggest congressional insider trader of our current era) hadn't played a prominent role in forcing Biden out of the 2024 presidential race, he wouldn't be endorsing this bill.

  • CHARTER MEMBER

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    Sisyphus@Sisyphus·1y
    Replyingtotigerlily

    Arahant (View Comment):

    Sisyphus (View Post):

    Sisyphus (View Post):
    His acuity in this matter caused my soda to evacuate via my nostrils.

    Cojones bigger than Jupiter.

    Sisyphus (View Comment):

    He’s shining his halo for the epic self blanket pardon. An Olympics event of the stringently honorable office holder.

    tigerlily (View Comment):

    If Pelosi (the biggest congressional insider trader of our current era) hadn’t played a prominent role in forcing Biden out of the 2024 presidential race, he wouldn’t be endorsing this bill.

    He was just mad because he didn't think of it first.

  • Banned Member@philo·1y
    Sisyphus (View Post):
    “Nobody in the Congress should be able to make money in the stock market while they’re in the Congress.”

    Add a retroactive tax on such "earnings" reaching back 25 years and I am all in. (A little extra penalty for the Clinton retroactive tax increase of 1993.)

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