this post was submitted on 14 Jan 2025
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A Boring Dystopia

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[–] [email protected] 14 points 2 weeks ago* (last edited 2 weeks ago)

Why are they allowed to play the stock market? Is it not a conflict of interests? Edit: Typo

[–] [email protected] 11 points 2 weeks ago

They're incredibly smart people. That's why they're in office. It's only natural that their smarts would cascade over to markets. Nothing to see here. /s

[–] [email protected] 1 points 2 weeks ago

Surprised Pikachu face

[–] [email protected] 29 points 2 weeks ago (1 children)

They're capitalists, in that they capitalize on their insider knowledge and send others to jail for doing the same thing.

[–] [email protected] 11 points 2 weeks ago

It's not insider knowledge when politicians do it since they're not insiders of the company with more knowledge about the company than other people. They just happen to control the political environment and the contracts they get 🙃

[–] [email protected] 15 points 2 weeks ago (2 children)

NANC

KRUZ

Two of the safest investments you can make

[–] [email protected] 1 points 2 weeks ago (1 children)

Didn't know what these represented till i googled them😂

[–] [email protected] 1 points 2 weeks ago

I got a kick out of it when I found em

[–] [email protected] 1 points 2 weeks ago

Thanks for the tip. I just checked them out.

[–] [email protected] 32 points 2 weeks ago* (last edited 2 weeks ago)

Wow, crazy that members of congress are on average better than most investors, maybe they should change careers!

No.. Seriously.. Please change careers...

[–] [email protected] 13 points 2 weeks ago

"Keeping the Rich rich and the Poor poor since forever."

[–] [email protected] 28 points 3 weeks ago

SEC for thee, but not for me.

[–] [email protected] 20 points 3 weeks ago (3 children)

Makes me want to turn to a life of crime.

[–] [email protected] 2 points 2 weeks ago (1 children)

FeloniousPunk for Congress.

[–] [email protected] 1 points 2 weeks ago

I pledge a chicken in every mosh pit

[–] [email protected] 10 points 2 weeks ago

Yeah but you have to have a lot of money to get elected.

[–] [email protected] 18 points 3 weeks ago* (last edited 3 weeks ago)

Problem is, unless you're rich and powerful crimes tend to have consequences - they only "just let you do it" when your account balance already has a certain number of digits...

[–] [email protected] 43 points 3 weeks ago (2 children)

And once again Pelosi is highlighted despite many Republicans outperforming her in the market.

She hasn't been Speaker of the House for 2 years.

[–] [email protected] 18 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

I'm an equal opportunity rule enforcer. Throw them all in federal prison.

[–] [email protected] 5 points 3 weeks ago

I mean, we should just set up a big pitt. Like in that movie 300.

[–] [email protected] 79 points 3 weeks ago (2 children)

She's consistently a top trader and personally derailed efforts to ban stock trading. I think she deserves the heat.

[–] [email protected] 26 points 3 weeks ago (2 children)

Other Republicans are consistently ahead of her. They also voted against banning Congressional insider trading.

Yet it's only Pelosi.

[–] [email protected] 19 points 3 weeks ago

I agree with you in that they should all be held accountable including Pelosi.

That said, the source is Fortune... I'm not exactly shocked that this article isn't 100% honest or telling whole-truths...

[–] [email protected] 12 points 3 weeks ago

She was the minority/majority leader. She didn't just vote against it, she organized toothless counter proposals to defuse momentum. She's more responsible than any of those other (also terrible) Republicans.

[–] [email protected] 8 points 3 weeks ago

Abso-fucking-lutely.

[–] [email protected] 55 points 3 weeks ago (4 children)
[–] [email protected] 1 points 2 weeks ago

Rioting? In this economy?

[–] [email protected] 1 points 2 weeks ago

Won't ever happen. Americans are complacent fools. They'll starve themselves for years if you promise them bread tomorrow.

[–] [email protected] 4 points 3 weeks ago (1 children)

Oh yes by all means. Occupy Wall Street worked so well.

[–] [email protected] 17 points 3 weeks ago

Occupy wallstreet was a peaceful protest, which started to work, so the media shut it down.

These L.A. wildfires are either approaching or have already hit rich people neighborhoods, and aren't expected to stop anytime soon.

It wouldn't surprise me if these fires started with the idea of burning the elite in mind. I'm not saying that's the case, but if it is......damn. Last I heard these fires already did like 3 billion in damage. If they hit the mansions it'll probably trillions.

[–] [email protected] 33 points 3 weeks ago (1 children)
[–] [email protected] 2 points 2 weeks ago

So many more comments calling for revolution, riots, and assassinations than there are in actuality.

Easier to talk big talk I guess.

[–] [email protected] 125 points 3 weeks ago (2 children)

duh. its codified, theyre allowed to legally perform insider trading by their own decree.

[–] [email protected] 33 points 3 weeks ago (1 children)

Fun fact.

As an investor, you can ride their insider-trading coattails legally by investing in the ETF's NANC or KRUZ.

[–] [email protected] 44 points 3 weeks ago (1 children)

isnt this the disgusting reminder that they also made it so no one can find out their trades until 30 days later.. purposefully giving their self-made-legal insider trading illegal for regular people?

[–] [email protected] 22 points 3 weeks ago (3 children)

NANC is up 53% over the last five years.

KRUZ is up 27% over the last five years.

Those aren't Pelosi numbers, but pretty good. You could do a whole lot worse.

[–] [email protected] 1 points 2 weeks ago

NANC and KRUZ are both only two years old…

[–] [email protected] 18 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

The S&P500 is up 75.38% in the past 5 years, so following Nancy via the ETF wasn't anything special.

We all know she did better than that 53% though..

[–] [email protected] 1 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

As of time of posting it SPY is up 91.6% in 5 years

But that’s not really a good comparison because the unusual whales funds are both new, started in 2023.

NANC mostly matched SPY since its inception, +1% or so

KRUZ actually under performed to date, with a 27% increased since inception as opposed to NANC’s 52%.

[–] [email protected] 1 points 2 weeks ago* (last edited 2 weeks ago)

I'm not sure what you're looking at but its 80% today, and it really was 75% yesterday. I'm not the only one who posted as much.

Maybe you're looking at a CAD version that has FX as part of it?

[–] [email protected] 6 points 3 weeks ago (1 children)

Are they notably great? DJI is up 47% over past 5 years. SPX is up 75.46%.

[–] [email protected] 1 points 2 weeks ago

NANC in particular matches SPY pretty closely, but with no dividend

KRUZ under performs

[–] [email protected] 43 points 3 weeks ago (1 children)

Perish the thought!

I'm convinced members of congress consistently outperform the market because of their superior intelligence. After all, we elected them, so by definition they're the best of us. Right?

[–] [email protected] 20 points 3 weeks ago (1 children)

Nice, your sarcasm is so acidic it is almost eating away my phone screen

[–] [email protected] 8 points 3 weeks ago

Weird, on my end, it's eating my fucking soul.