Right when he’s completely useless, he pushes for this. Pathetic and disingenuous.

  • finitebanjo@lemmy.worlddeleted by creator
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    2 years ago

    Fox News actually covered this for about 2 minutes and their talking points were as follows:

    • HuNTeRs LaPToP ThO! HIPOCRIT!
    • themaninblack@lemmy.world
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      2 years ago

      Making the calculated decision to do this not only in his lame duck period but also right up against Christmas and before the new congress is sworn in on Jan 3. So brave.

      Honestly this is more of an insult than helpful for those of us who actually want to see this happen.

  • hark@lemmy.world
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    2 years ago

    As if congress is going to bring up a bill that would restrict one of the quickest ways to make money for themselves.

  • doggle@lemmy.dbzer0.com
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    2 years ago

    Correctly identifying a problem while doing nothing that could possibly change it.

    That’s Joe’s legacy, I guess

    • Ensign_Crab@lemmy.world
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      2 years ago

      Don’t worry. Whenever Biden calls for doing something, centrists will uncritically treat it as an accomplishment.

      There are still centrists who falsely insist that Biden rescheduled cannabis.

    • givesomefucks@lemmy.world
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      2 years ago

      It’s never too late for neoliberals to fuck shit up…

      Pelosi just threw her weight around to get a 74 year old with terminal throat cancer as the head of the oversight committee…

      Even tho he just broke the already weak insider trading laws 2 years ago.

      Biden can mumble whatever he wants into a microphone, but it’s never connected to the reality around him.

      If he really wanted this to happen, he’d have pushed for AOC over Connolly

      • DicJacobus@lemmy.world
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        2 years ago

        the boomers are going to cling on to power until their dying breath, and on the way out, they’ll usher in some kind of apocalypse, either nuclear war, or we all get eaten by self replicating elonbots.

      • Argonne@lemmy.world
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        2 years ago

        AOC talks big game but she’s just a populist. As a NYer, she hasn’t done anything useful for her constituents. Don’t expect anything from her beyond populist agendas

        • UnderpantsWeevil@lemmy.world
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          2 years ago

          As a NYer, she hasn’t done anything useful for her constituents.

          She’s got excellent constituent services, wtf are you even talking about? That’s why she wins big every cycle. Joe Crowley, the Dem she primaried out, had shitty services which ended up costing him the seat in 2018.

          Don’t expect anything from her beyond populist agendas

          Constituent Services are populist.

        • givesomefucks@lemmy.world
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          2 years ago

          Why do people keep using “populist” like it’s a negative?

          Populism is a range of political stances that emphasize the idea of the common people and often position this group in opposition to a perceived elite group.[1] It is frequently associated with anti-establishment and anti-political sentiment.[2]

          https://en.m.wikipedia.org/wiki/Populism

          Oh no! People like her and her policies are popular!!!

          /s

          Like, Pelosi just got a 74 year old with terminal cancer and recently involved with I aider trading violations on the top seat of the oversight committee over AOC because AOC would have weeded out corruption.

          That’s what the people want, an honest party.

          And you’re big take down of her is that would have been popular?!

          • dx1@lemmy.world
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            2 years ago

            Like “AOC” didn’t spend the last year talking out both sides of her mouth about a genocide, including endorsing one of its perpetrators. AOC isn’t a “progressive”, she’s the epitome of the Democratic party, all appearance and no justice, “where protest movements go to die”.

            Activists have already moved on from her, what is taking the rest of you so long?

          • kava@lemmy.world
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            2 years ago

            Why do people keep using “populist” like it’s a negative?

            because it’s virtually always tied to policies that are meant to be easily digestible for the lowest common denominator. as it turns out, however, that complex problems virtually never have simple solutions.

            ie Trump and his border wall in 2016. Populist with a populist platform to stop illegal immigration. What does it actually accomplish? Nothing because

            a) it’s impractical to actually build a wall across the entire length of the border

            b) majority of illegal immigrants come legally on tourist visas and then overstay

            but why focus on “The Wall”? Because Trump understands that it’s an easily understandable symbol he can point to.

            Left wing populism is similar. For example “tax the rich!” is a common mantra. And sure, taxing the rich is good. But what use is there in increasing tax revenue by a fraction of a percent when we are bleeding money at the seams to corruption? It’s not going to solve our deficit. It’s not going to lower taxes for the average American. Look at how the military will spend $100k on a bag of metal bushings that me and you can buy on Amazon for $100.

            But how are you going to tackle the problem of deeply ingrained corruption? It permeates from our local institutions all the way to the upper echelons. Look how Haliburton got billions of dollars worth of “no-bid” contracts during the Bush administration. Just happens that Cheney, the most powerful VP in history, used to work there.

            There is no easy solution. So populists come and say “tax the rich” or “build a wall” when in reality it does absolutely nothing to fix the actual problems. But the real solutions are complex and hard to relay to voters. and in fact, the solutions are painful and no politician would ever campaign on painful policies. For these reasons I think we are doomed as a society and that technocratic countries like China are going to dominate us in the next century unless we can radically change course

              • givesomefucks@lemmy.world
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                2 years ago

                A lot of neoliberals just want an excuse to never go deeper than “I will fix ____” because they don’t have any policy or desire to fix shit

                AOC of all people can give a broad message quickly and effectively, then deep dive into specifics.

                If she gives policy they say she should be simpler, if she keeps it simple they say she has no policy

                There’s no consistency, they just want to try and break her stride and keep pivoting.

                • Ensign_Crab@lemmy.world
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                  2 years ago

                  A lot of neoliberals just want an excuse to never go deeper than “I will fix ____” because they don’t have any policy or desire to fix shit

                  And most of them never go further than “shut up, we’re second worst.”

              • kava@lemmy.world
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                2 years ago

                i gave two examples of simple ideas that don’t fundamentally change the status quo yet are popular

                that doesn’t mean that simple ideas can’t work

                there are simple ideas, I think, that would work very well. however a populist would never go for it because it’s bad marketing.

                for example I think in all cities with significant junkie populations we should have clinics giving out free heroin shots to addicts. simple idea. i think it’ll work

                but the majority of the people would not approve of this. they don’t want to see the data and research about lowering HIV rates, lowering crime, lowering healthcare costs, etc. they don’t like junkies and they feel icky giving out free heroin to addicts

                i’m not saying simple idea = bad. I’m not even saying populist = bad. i said that in practice it’s usually tied to ideas that seem good on the surface but when you scratch the veneer off it’s not nearly as good as it seems.

                like i brought up above, if we restructured how our government spends money we could increase our effective spending while lowering taxes and it would have magnitudes more impact than the marginal increase in revenue from taxing the rich. so why don’t we do it?

                because it’s a complex overhaul that would require a large initial investment and you wouldn’t see the fruits for more than a couple election cycles- something a populist cannot afford.

      • UnderpantsWeevil@lemmy.world
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        2 years ago

        If he really wanted this to happen, he’d have pushed for AOC over Connolly

        If he’d wanted it to happen, he’d have pushed through Pelosi’s HR 1 back inside his first 100 days, rather than sitting on this for his last three weeks.

        Liberals are going to be doing so much “You could have had nice things if you hadn’t voted for Trump” whining and complaining and hand wringing over the next two years. Its going to be awful. But none of them want to talk about how they had both Exec and Leg branches of government twice in the last sixteen years and deliberately squandered it sucking up to Big Business both times.

  • cristo@lemmy.world
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    2 years ago

    I’d be fine with congressional stock trading if congress members were required to immediately report trades instead of the 45 days or so they are currently legally required to

    • prof_wafflez@lemmy.world
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      2 years ago

      nah, they should be forced to divest. Insider trading at an extreme. If you or I commit insider trading it’s jail time.

    • MountingSuspicion@reddthat.com
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      2 years ago

      Nah, they already got their money by then. Their trades go through first then everyone else’s? And prereporting trades is ripe for stock manipulation. They should not be able to personally manage a portfolio and imho insider trading should carry hefty corruption penalties for congress.

    • normalexit@lemmy.world
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      2 years ago

      If they wish to invest, it should be in a fund that is managed for them by people without insider knowledge.

    • inclementimmigrant@lemmy.worldOP
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      2 years ago

      I’d only be okay with it if those trades were reported and published publicly within the hour of the trade.

      Let everyone benefit from inside trader or do the right thing and make everyone subject to the law.

      • cristo@lemmy.world
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        2 years ago

        I thought that was currently the case they just had a 45 day max reporting timeline, unless my Nancy pelosi clone portfolio has been lying to me. Apparently her average reporting time is 14 days

        • TriPolarBearz@lemmy.world
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          2 years ago

          Just curious… How is your Pelosi clone portfolio going? Is it a legitimate investment strategy compared to the usual suggestion of index funds?

          • Vanix@lemmy.dbzer0.com
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            2 years ago

            There’s two ETFs now for tracking democrat trades and republican trades if you have any interest in tracking this kind of portfolios performance! I don’t think there’s an ETF for Nancy specifically but she’s definitely a part of the dem ETF

            • TriPolarBearz@lemmy.world
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              2 years ago

              Cool, I tried looking it up.

              Seems like the tickers are NANC (D) and KRUZ ®

              Are those the ones you are taking about? If so, I love the tickers.

          • cristo@lemmy.world
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            2 years ago

            So far over the past year I’ve had it active, I’m up 40%. It seems to be working well, I have it automated through a service called Autopilot and it has already paid for itself. I wish I put more into it at the start but so far I’ve got no complaints.

  • SarcasticMan@lemmy.world
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    2 years ago

    Jesus Christ Joe, are you trying to take food from their children’s mouths? How dare you sir, insider trading is the only real perk they get…well Healthcare and insider trading.

  • givesomefucks@lemmy.world
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    2 years ago

    Biden had previously declined to take a position on congressional stock trading. When Jen Psaki served as White House press secretary two years ago, she said Biden would “let members of leadership in Congress and members of Congress determine what the rules should be.”

    Back when it was up for debate and the party had the numbers…

    I fucking hate how moderates waste the time for action, ignore everyone spending years demanding action…

    Then turn around like that fucking pulp fiction meme asking why no one has thought to do the thing we’ve spent years telling them to do once there’s no time.

    At best they’re completely incompetent, at worst they’re not as dumb as a box of rocks and are just incredibly incompetent. Whatever the reason, we can do better. We have to do better.

    • lumpenproletariat@quokk.au
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      2 years ago

      At worst it’s deliberate decision to go for it when they know they cannot win and don’t have time to fight for it.

      This way they don’t have to ever enact these changes but they get voters to think they’re a progressive party who are pushing for them.

    • Akasazh@feddit.nl
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      2 years ago

      moderates

      Don’t paint people who are against polarization with the same brush as incumbent old cash grabbing power hogs.

      This is a class struggle and poor people on either side of the political isle get played against each other like a fucking Stradivarius. Poor and middle class (what’s left of it) should unite, rather than fight each other.

  • Sanctus@lemmy.world
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    2 years ago

    Destroy Wall Street. Literally remove it brick by brick if you have to. That cancer is killing us all and we’re all tied to it.