It's not corruption if it's legal. :thinking-about-it:

  • mr_world [they/them]
    ·
    3 years ago

    Meanwhile I have to hear literally everyone around me call her a communist. And they think she's a communist because of shit like this, because communism is when the government inside trades fucking stocks.

    • UmbraVivi [he/him, she/her]
      ·
      3 years ago

      they literally think that communism is when everyone is poor and the people at the top have everything

      that's what they think it means, it's astonishing

      • AncomCosmonaut [he/him,any]
        ·
        3 years ago

        That's literally what many of us grew up being taught, like straight being told that was simple fact when we were little kids. So yeah, astonishing... I guess. To me it's enraging, but not shocking. Propaganda works, and as has been said many times around here, the US is the most propagandized population in the world.

      • HamManBad [he/him]
        ·
        3 years ago

        Wow Yeltsin really was the most effective communist leader then

    • UlyssesT [he/him]
      hexagon
      ·
      3 years ago

      All of it has a rightward slant. Everything is seen as insufficiently right wing, and anything not right wing enough is full communist, even bootlicking liberals praising the free market while doing insider trading.

      • axont [she/her, comrade/them]
        ·
        edit-2
        3 years ago

        Most Americans believe communism means when things are bad or evil and nothing really further than that

        • p_sharikov [he/him]
          ·
          edit-2
          3 years ago

          Communism is when

          (1) you are watched all the time

          (2) police officers are militarized

          (3) the prisons are packed

          (4) you are bombarded with propaganda

          (5) the food is bad for you and the production process is disgusting

          (6) everyone is dehumanized by mandatory labor and social alienation

          (7) the government does not care about you and lets wave after wave of disease rock the population

          Edit: forgot one

          (8) all popular political participation is mere theatrics to distract the citizens from the obvious fact that all power lies with the elites

  • viva_la_juche [they/them, any]
    ·
    edit-2
    3 years ago

    It’s ok if it’s legal

    Im not saying we should hunt down the rich and kill them. I’m not advocating we do anything illegal

    Im saying we should make it legal to kill them and then kill them

  • emizeko [they/them]
    ·
    edit-2
    3 years ago

    why is it illegal for me to insider trade but not them? doesn't sound like a fReE mArKeT for me

    • UlyssesT [he/him]
      hexagon
      ·
      3 years ago

      Just be connected and rich and that wouldn't be a problem. :maybe-later-kiddo:

    • spectre [he/him]
      ·
      3 years ago

      When is the last time someone got put away for insider trading? If you're high up enough to do it effectively, you're above the law anyway

    • RedundantClam [they/them]
      ·
      3 years ago

      Yeah there was Twitter account that posts her financial moves so people can invest similarly. I can't remember what the returns were on it but it was better than market average. The account was banned somewhat recently lol

    • UlyssesT [he/him]
      hexagon
      ·
      3 years ago

      She needs insider trading to afford all that artisinal ice cream. :liberalism:

  • Quimby [any, any]
    ·
    3 years ago

    Nancy Pelosi is literally the most successful stock trader of all time. She makes Warren Buffet look like an amateur.

    • ImaProfessional1 [he/him,comrade/them]
      ·
      3 years ago

      Not trying to call you out, but, is that a touch of hyperbole? Or is it just a fact? I ask because I genuinely don’t understand stonks and not having $ to invest leaves me no reason to learn the nuances, etc. I know her husband is Scrooge McDuck motherfucker. Even if it’s a little purple prose, where can I look into this? (I’m guessing any MSM outlet will wholly spin, rip, stretch, or straight up not report on it.) Any information is appreciated. Again, not concern trolling, because my knee jerk reaction is to 100% believe you. But Buffet is like the Colossus of Rhodes (except made of dookie and the hair you find in shower drain clogs) in my understanding… Thanks in advance, comrade.

      • Quimby [any, any]
        ·
        3 years ago

        hard to know, to be honest. the data is hard to come by. I believe it to be true--her investments have been unbelievably good, unbelievably consistently. but I can't substantiate it as more than an allegation or rumor at this point.

    • Mardoniush [she/her]
      ·
      3 years ago

      The Democratic Party is objectively the slightly less right wing faction of Fascism.

    • UlyssesT [he/him]
      hexagon
      ·
      3 years ago

      That isn't really far off from the actually invoked argument that if the billionaires are taxed more, even at the previous level before the most recent tax cuts, they'll pack up and move away and take all their disruptively innovating world saving genius with them.

      • discountsocialism [none/use name]
        ·
        3 years ago

        My message here is that banning trading isn't going to stop politicians from acting corrupt. In both cases their power is too great and their greed is insatiable. I think Stalin had some good ideas on how to handle corrupt politicians.

        • UlyssesT [he/him]
          hexagon
          ·
          edit-2
          3 years ago

          I'd rather something be done than nothing, especially if doing nothing is only accelerating the decay. I've already seen enough acceleration of decay to decide that accelerationism is overrated and people are suffering, now, and can't wait for ideal perfect conditions for change before succumbing to what's already hurting them.

          • OgdenTO [he/him]
            ·
            3 years ago

            It's like playing defence in basketball. You out pressure on them and make scoring as hard as possible. It will dissuade some percentage from participating, and the more barriers there are the more people will not consider the effort worth it.

            I mean, short of a needed complete government overthrow, if we can make things harder to be corrupt, then why not

      • LeninsRage [he/him]
        ·
        3 years ago

        They will, you literally can't tax the rich anymore. Theyve won so decisively literally the only way forward is revolution and expropriation of what we can.

      • star_wraith [he/him]
        ·
        edit-2
        3 years ago

        It's a good argument against social democracy and for socialism. If you just try and tax the billionaires more, they'll find ways around it to an extent. But ultimately their wealth is tied to things in the real world. Most of Bezos' wealth is tied up in Amazon, we can just take Amazon away. Bill Gates and all that farmland he bought - c'mon, easy answer. Or some rich fuck has all his money in T-bills and muni bonds, well we run the govt now so you're not seeing that money again.

        Even if they tried to sell their investments to people outside of a potential revolutionary socialist state, these investments are all tied to real productive forces that we can expropriate.

      • SoyViking [he/him]
        ·
        3 years ago

        Let them go then. I'll even let them deduct a one-way transit ticket to the airport if they d promise to fuck off

    • Glass [he/him,they/them]
      ·
      edit-2
      3 years ago

      Except not even then because this asshole and a bunch of other reps and senators got caught doing it at the beginning of the pandemic, to no consequence