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Congressional portfolios don't beat the stock market. This shows the power of negativity bias in dominating politics. Even when you can prove a lack of corruption, people assume it exists. Rise of social media means people get more info, but it's only the outlier cases.

5:47 AM · Jan 3, 2025

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Richard Hanania

@RichardHanania

Jan 3

Whole thing here.

New year, new mailbag

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post-advent human-gerbil hybrid

@surelyagerbil

Jan 3

this matters, but I would still support a ban on congressional trading. congresspeople being bad traders does not mean they are not trying, and banning them from trading for their own name is perfectly reasonable.

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@SeketAanru

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@TSBurkhardt

Jan 3

our government is hopelessly corrupt and it's adorable you're ragebaiting this engagement farm

Sloppy thinking. In random traders, you would have outliers. That does not mean that the outliers are not due to corruption and inside info about legislation. You don't know how much the outliers would be successful. Also, if they are outliers purely by chance, there would be

Who is Ben?

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Nancy Pelosi Stock Tracker ♟

@PelosiTracker_

Jan 2

BREAKING: Pelosi did it

She officially finishes 2024 up 54% and beat out Inverse Cramer for the top portfolio on Autopilot Never doubt the queen of ...

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The Sentient Dog Group

@e_considine

Jan 3

It's not easy to trade intelligently on general info. The GOP senators who traded on the classified pandemic briefing they got in early 2020 brought medical supply stocks. Yet the real win would have been brick and motor video game outlet and bankrupt movie theater chain.

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@enL3X1

Jan 4

I don’t want a ban I want them to file 30 days in advance

Eli

@Finer_Grains

Jan 4

Might still be a problem with specific individuals

The issue is that Congress is exempt from insider trading regulations.

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@jdesaiestates

Jan 3

I think this issue has salience because it is used to attack Pelosi.

Pelosi literally tripled the S&P in 2023 and beat it again in 2024 by an not insignificant margin. Why lie about this?

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Rate proposed Community Notes

No one claims they all engage in insider trading. Regardless, the temptation and ability to do so should be removed. Individual stock trades should be banned.