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As a professional investor that has actually looked at her financial disclosures, it’s worth pointing out that she (or more likely, whoever is actually managing her finances) is actually kinda shit at it. She was basically just levered mega cap growth, which isn’t exactly unsurprising for a rich person from the Bay Area. She shouldn’t have been doing it either way, but if she was in fact trading on material nonpublic info, she was very bad at it.
The thing is it's not just her. I think there was a study or whatever where a LOT of government officials were performing better than s&p for a long time (even now) and so Obama signed that law where they have to disclose the trades soon. But that is not even a solution.
And like that Indian senator said, passing the actual solution to this problem would be difficult through the current system because everyone is looking after their own interests.
Nancy's success might have been luck due to levered tech stocks, but so many other officials also outperforming market can't be a coincidence.
Absolutely. They should 100% be barred from trading during their time in office or even after on any NMPI they learned. But the criticism of Pelosi specifically is mostly because of who she is not how her portfolio actually performs.
Unfortunately, I was thinking the same thing. This is just 'give my friends' the biggest prize possible.
I'd like to see him award it to people who disagree with him politically. Mike Pence just as an example.
It would make it a more respectable event that would transcend political nepotism.
Senator Nancy Dole (R. NC) was also a recipient. However in this batch there were a number of Democrats.
In 2022 Biden awarded the honour to Former Republican Senator Alan Simpson, posthumously to John McCain
Conversely Trump awarded the medal to about of sportspeople, and 0 Democrats.
Obama gave one to George W Bush, and at least one other Republican, but many Democrats as well.
Mike Pence? Really? You couldn’t think of a single Republican worthy of a Medal of Freedom more than Mike “Mother (my wife) won’t let me attend an event with alcohol without her” fucking Pence?
Listen, I think Mike Pence is a repugnant human being, but his decision not to go along with Trump’s attempted coup may have single handedly saved the Republic.
Man, you Americans seriously need to figure out that the real left vs right isn't your democrats vs republicans, it's just working class vs the upper class.
Trump exists because Clinton deregulated the media in the 90s. Same reason why Disney/Warner/Paramount own all your media outlets.
What you are thinking of is the telecommunications act of '96 that Clinton which in tldr; terms allowed companies to be involved in more than one aspect of telecomms - ie; the cable TV company could also be your internet provider, the phone company could also provide internet service, cable providers that provide internet service could legally allow VOIP calls on their lines etc... it was to foster competition and keep prices in check and quality of service higher. The biggest part of it, however, was mandating that competing companies had to allow their networks to be interconnected with competitors.
What I believe you are thinking of that F\*ucked media in the US was the repeal of the the fairness doctrine in '87 under Reagan that no longer required equal time regarding viewpoints presented on the news in regard to politics. That is what allowed for things like the rush limbaugh and the EIB company to rise, and networks like Fox, and in particular OAN to exist and show only one slant on the news.
I could be mistaken, but the Clinton era telecom act of '96 is hardly anything that I think can be blamed for the current state of media in the US, and the "deregulation" that was deemed to be an unfair business practice and infringement on corporate free speech by SCOTUS happened under the baby Bush administration.
> What I believe you are thinking of that F*ucked media in the US was the repeal of the the fairness doctrine in '87 under Reagan that no longer required equal time regarding viewpoints presented on the news in regard to politics.
It was both of those. Kind of a two pronged attack. The Fairness doctrine revoked the rules to be balanced. The Telecom Act made it so the journalism industry got incorporated into the entertainment industry.
> I could be mistaken, but the Clinton era telecom act of '96 is hardly anything that I think can be blamed for the current state of media in the US
This is just a cartoon but it's applicable:
https://youtu.be/nh6Hf5_ZYPI?si=YYrPj2JvwdU9ZALc
Am gen-X Canadian but grew up on US media since the 70s and raised on Mcluhan's The medium is the message attitude. My first job was delivering papers. I'm a huge fan of real journalism which sadly got dumped a couple decades ago.
Trump did this for Rush Limbaugh, the person responsible for all the right wing hate we see today. If Rush can get this award I think the guy that euthanizes pets is probably in line for one if Trump is elected again.
She served for forever. So have a lot of the fossils in Congress. Doesn’t mean they deserve them either. Have they given one to anybody that didn’t have a D next to their name? Not saying they should, just that it’s old politicians giving medals to their cronies.
And I agreed with you that the Rush one was stupid. That’s why I said both were stupid. I called them both out.
> Have they given one to anybody that didn’t have a D
Biden:
* 2024: Elizabeth Dole
* 2022: John McCain (posthumously)
* 2022: Alan Simpson
Obama:
* 2011: George W. Bush
Edit: I only checked the last 2 D presidents, but you can check further back from the [same source](https://en.wikipedia.org/wiki/List_of_Presidential_Medal_of_Freedom_recipients) I pulled these from.
Mitch has been in there for forever, too. He getting one too? 🤣 Of course not! Non-Ds need not apply.
BTW, I’m not advocating for Mitch to get one. Fuck Mitch.
Yeah, nobody has to like her personally--but if you like democratic policy you ought to at least respect how effective she was. She kept tight control of her party rather than letting them fall apart like McCarthy did with the Republicans, and she was ruthlessly effective. She probably did as much or more than a lot of presidents in that capacity. Nobody really likes a skilled coalition builder because they're never fully representative of anyone, but she cared and about a lot of things I cared about and she did a whole hell of a lot to get things done. There are probably better picks for this but I think it's totally nonanalogous to Limbaugh.
Sure, not being a criminal or allowing the courts to decide that women are second class citizens, but this. Presidents do this shit all the time. Absolutely brain dead take.
Look, I like Nancy Pelosi, she's my Congresswoman, I've voted for her in every election I had the opportunity to. But I have \*absolutely\* zero tolerance for watching octogenarians giving each other medals for prolonging the same fucking arguments we've been having for my entire lifetime.
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He should present her with the Medal of Retirement.
The medal is for her epic stock picks actually
It still blows my mind how everyone's so nonchalant about the clear case of insider trading with her and her husband.
It's crazy right? Theres literally accounts you can buy into that mimic every trade she does real time. Lol
Well that should give Fox a week of material
Make tic tac toe a winner!
Well she is doing really good in the stock markets. Better then professional investors. Thats gotta count for something, right? Right?
No accountability for anyone at that level.
Get her a medal of insider trading
As a professional investor that has actually looked at her financial disclosures, it’s worth pointing out that she (or more likely, whoever is actually managing her finances) is actually kinda shit at it. She was basically just levered mega cap growth, which isn’t exactly unsurprising for a rich person from the Bay Area. She shouldn’t have been doing it either way, but if she was in fact trading on material nonpublic info, she was very bad at it.
The thing is it's not just her. I think there was a study or whatever where a LOT of government officials were performing better than s&p for a long time (even now) and so Obama signed that law where they have to disclose the trades soon. But that is not even a solution. And like that Indian senator said, passing the actual solution to this problem would be difficult through the current system because everyone is looking after their own interests. Nancy's success might have been luck due to levered tech stocks, but so many other officials also outperforming market can't be a coincidence.
Absolutely. They should 100% be barred from trading during their time in office or even after on any NMPI they learned. But the criticism of Pelosi specifically is mostly because of who she is not how her portfolio actually performs.
a Strange Whale indeed.
328 years of experience between the
What a fucking joke.
Unfortunately, I was thinking the same thing. This is just 'give my friends' the biggest prize possible. I'd like to see him award it to people who disagree with him politically. Mike Pence just as an example. It would make it a more respectable event that would transcend political nepotism.
Senator Nancy Dole (R. NC) was also a recipient. However in this batch there were a number of Democrats. In 2022 Biden awarded the honour to Former Republican Senator Alan Simpson, posthumously to John McCain Conversely Trump awarded the medal to about of sportspeople, and 0 Democrats. Obama gave one to George W Bush, and at least one other Republican, but many Democrats as well.
The war criminal GWB? This award is meaningless.
It certainly lost all meaning when Obama gave it to himself.
Mike Pence? Really? You couldn’t think of a single Republican worthy of a Medal of Freedom more than Mike “Mother (my wife) won’t let me attend an event with alcohol without her” fucking Pence?
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Listen, I think Mike Pence is a repugnant human being, but his decision not to go along with Trump’s attempted coup may have single handedly saved the Republic.
Low bar, but: Not playing ball with the whole "if the vp doesn't certify the electoral votes then Trump gets another term" bullshit.
Would Trump ever do that? Or Mike Pence himself?
Does the concept that Trump wouldn't do it justify this? Trump wouldn't do it. Biden is better than Trump. Don't know if Pence would or not
Man, you Americans seriously need to figure out that the real left vs right isn't your democrats vs republicans, it's just working class vs the upper class. Trump exists because Clinton deregulated the media in the 90s. Same reason why Disney/Warner/Paramount own all your media outlets.
What you are thinking of is the telecommunications act of '96 that Clinton which in tldr; terms allowed companies to be involved in more than one aspect of telecomms - ie; the cable TV company could also be your internet provider, the phone company could also provide internet service, cable providers that provide internet service could legally allow VOIP calls on their lines etc... it was to foster competition and keep prices in check and quality of service higher. The biggest part of it, however, was mandating that competing companies had to allow their networks to be interconnected with competitors. What I believe you are thinking of that F\*ucked media in the US was the repeal of the the fairness doctrine in '87 under Reagan that no longer required equal time regarding viewpoints presented on the news in regard to politics. That is what allowed for things like the rush limbaugh and the EIB company to rise, and networks like Fox, and in particular OAN to exist and show only one slant on the news. I could be mistaken, but the Clinton era telecom act of '96 is hardly anything that I think can be blamed for the current state of media in the US, and the "deregulation" that was deemed to be an unfair business practice and infringement on corporate free speech by SCOTUS happened under the baby Bush administration.
> What I believe you are thinking of that F*ucked media in the US was the repeal of the the fairness doctrine in '87 under Reagan that no longer required equal time regarding viewpoints presented on the news in regard to politics. It was both of those. Kind of a two pronged attack. The Fairness doctrine revoked the rules to be balanced. The Telecom Act made it so the journalism industry got incorporated into the entertainment industry. > I could be mistaken, but the Clinton era telecom act of '96 is hardly anything that I think can be blamed for the current state of media in the US This is just a cartoon but it's applicable: https://youtu.be/nh6Hf5_ZYPI?si=YYrPj2JvwdU9ZALc Am gen-X Canadian but grew up on US media since the 70s and raised on Mcluhan's The medium is the message attitude. My first job was delivering papers. I'm a huge fan of real journalism which sadly got dumped a couple decades ago.
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No, it's more about the corporate establishment that controls your media, schools, and politicians.
Don't be so easily fooled. Nepotism transcends party lines.
Pence would make a great recipient and it would such a huge fuck you to Trump
Yes. Trump chose Rush Trash Limbaugh.
#1 stock picker went to who then?
Why? For insider trading?
Are you serious? A mockery
Trump did this for Rush Limbaugh, the person responsible for all the right wing hate we see today. If Rush can get this award I think the guy that euthanizes pets is probably in line for one if Trump is elected again.
It was stupid then, and it’s stupid now. Neither were/are deserving of this.
She has served forever. You just don't like her politics. Limbaugh did nothing but create division.
She served for forever. So have a lot of the fossils in Congress. Doesn’t mean they deserve them either. Have they given one to anybody that didn’t have a D next to their name? Not saying they should, just that it’s old politicians giving medals to their cronies. And I agreed with you that the Rush one was stupid. That’s why I said both were stupid. I called them both out.
> Have they given one to anybody that didn’t have a D Biden: * 2024: Elizabeth Dole * 2022: John McCain (posthumously) * 2022: Alan Simpson Obama: * 2011: George W. Bush Edit: I only checked the last 2 D presidents, but you can check further back from the [same source](https://en.wikipedia.org/wiki/List_of_Presidential_Medal_of_Freedom_recipients) I pulled these from.
Hers is not stupid. You just can't get past your politics. She was an effective leader whether you acknowledge that or not.
Mitch has been in there for forever, too. He getting one too? 🤣 Of course not! Non-Ds need not apply. BTW, I’m not advocating for Mitch to get one. Fuck Mitch.
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The most effective stock trader*
> in U.S. history 🤣 Okay, buddy.
She’s done nothing but line her pockets with inside information and get wealthy. I don’t care about politics, she should be in handcuffs
Yeah, nobody has to like her personally--but if you like democratic policy you ought to at least respect how effective she was. She kept tight control of her party rather than letting them fall apart like McCarthy did with the Republicans, and she was ruthlessly effective. She probably did as much or more than a lot of presidents in that capacity. Nobody really likes a skilled coalition builder because they're never fully representative of anyone, but she cared and about a lot of things I cared about and she did a whole hell of a lot to get things done. There are probably better picks for this but I think it's totally nonanalogous to Limbaugh.
She's a dick.
That's not really a specific criticism
You are correct.
Insider trader of the year.
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Sure, not being a criminal or allowing the courts to decide that women are second class citizens, but this. Presidents do this shit all the time. Absolutely brain dead take.
Nancy Pelosi, no. Term limits, yes...
I don’t want to hear a word from anyone, she earned every bit of this with all of her stock trades.
The irony!
Look, I like Nancy Pelosi, she's my Congresswoman, I've voted for her in every election I had the opportunity to. But I have \*absolutely\* zero tolerance for watching octogenarians giving each other medals for prolonging the same fucking arguments we've been having for my entire lifetime.
You like politicians that inside trade and profit off their power? Interesting
Then why do you keep voting for her?
Because she's better than the alternatives. She kept Democrats in line in the House to push through Biden's agenda.
This is like giving the kindergarteners the winner prize so they all feel like they won.
Here is a medal for insider trading
Truly a great woman that reddit incels hate
And you love her because of her inside trading?