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They're such great investors!
(lemmy.world)
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this post was submitted on 01 Apr 2024
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D, R, D, D, in case you were wondering.
Parasite, parasite, parasite, parasite, just to add some explanation.
Edit: An FBI agent contacted me and said that selecting 4 individuals out of 400 in one year is not a statistical anomaly. He also wanted me to tell you that Snowden might be affiliated with Russian government and spread the propaganda
No...you mean the guy who stole state secrets and fled to Russia where he was welcomed with open arms might actually be a tool of the Russian propaganda machine to further divide Americans and destabilize our society?
That can't be. That's impossible.
Couldn't be that America had a vested interest in surveillance after 9/11 and overstepped its bounds several times over since then. That's impossible.
Why can't both suck?
Like, yeah, Americas domestic surveillance practices were wildly out of line.
That doesn't make Snowden a saint. What he did benefits Putin far more than it benefits any American and both of them are well aware of that.
Calling out civil rights abuses "benefited the soviets" doesn't mean that it didn't need to be done.
how tho
Because his whole thing is destabilizing the West. What better way to do that than to destroy whatever trust was left in the establishment?
Lmao sure, it's not America's fault for violating our trust, it's his fault for telling us
What has changed because of him? Anything that benefits America or Americans?
No. Not a damn thing has changed for us. Meanwhile Putin has a nice little puppet to tweet out divisive and intentionally misleading shit like this and people like you mop it right up. Because he stuck it to the man. The same man that Putin loves sticking it to. "The enemy of my enemy".
You don't see how the changes in legislation Snowden caused point America in the direction of being a more ethical country? Oh wait, you're right, that's not a beneficial change for America if the American powers-that-be don't care if their actions are criminal or unconstitutional.
But seriously, you don't think the world-wide revelation that the US was committing mass privacy violations, or the revelation that our government lies/covers up unconstitutional/criminal behavior was a major change? It speaks volumes about you if you don't think exposing tyrannical behavior is a benefit to Americans.
Legislation doesn't mean anything to extrajudicial surveillance. They gonna do what they gonna do. The world knows and knew all about it all along. US surveillance and intelligence had been an open secret since the Patriot Act.
All that resulted from it was Putin got a nice puppet.
The destruction of trust is from the establishment that violated it
For a broader view
SPY is S&P500 for those who don't know
2023
2022
Hmm, the real question is whether this is consistent year over year... beating the S&P500 one year doesn't really indicate anything.
Also there are 535 people in the US congress but only like 30 on these two lists... and not the same 30 both years. How many lost money in those same years?
The list is much longer if you search for it, that's ~~hysterical~~ only the ones above and close to the same return as SPY
Assuming you meant "historical", then these two years of data imply that ~5% of congress members beat the S&P500 per year, and not the same people every year... which seems statistically insignificant.
I don't know what happened with my auto correct on that word as I think I meant to say "only" 🤔
Here's a longer list
And the original source is this website
https://unusualwhales.com/
2021: https://unusualwhales.com/politics/article/full
2022: https://unusualwhales.com/politics/article/congress-trading-report-2022
2023: https://unusualwhales.com/politics/article/congress-trading-report-2023
Thanks! This completly debunks the insider trade myth. You would expect a Gaussian distribution around the mean, which would be a market neutral index. And you get even a slightly to the left shifted Gaussian bell curve.
Ah, well there you go then... 25ish people out of 535?
Again, it'd be worrying if the same people were consistently ahead of the market... but that would also be super obvious.
Yep, people make a big thing out of it and maybe the proportion of them that beat SPY is higher than the proportion of random investors that do it, but there's no good way to say 🤷
Damn, Nancy, poor form in 2022.
Brian Higgins thinks prison ain't shit
Brian Higgins is the prison’s largest investor
Could be all R, could be all D. One thing for certain, they’re all scumbags, S.
Oh so now I can say "both sides?" I thought that was anathema around here.
I'm tired of us not criticizing the democrats for doing the same shit as the republicans because the republicans are worse. "Both sides" never meant both sides are equal, it means both sides are above the "shitty" threshold, even if varying degrees, and many of the problems are bipartisan, shit needs to change all around.
I haven't met anyone not looking for accountability for D's on the left. I only hear "Good, if theyre guilty lock them up too".
"Both sides" is shorthand for "both sides are the same" at least to me. It's the false equivalency that is the problem -- which you're not doing to be clear.
I definitely have seen a lot of people accusing people of both sidesing for any criticism of dems.