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Topic: In other news ...

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847badgerfan

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Re: In other news ...
« Reply #1904 on: January 28, 2021, 08:03:37 AM »
In my view, congress people should serve, and then GO BACK TO WORK.
U RAH RAH! WIS CON SIN!

Cincydawg

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Re: In other news ...
« Reply #1905 on: January 28, 2021, 08:28:22 AM »
A lot of things SHOULD be, but aren't.  I've reconciled myself to that condition.

OrangeAfroMan

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Re: In other news ...
« Reply #1906 on: January 28, 2021, 08:31:14 AM »


Probably slow boat from China to California, to a warehouse. Then shipped from California to Ohio with nobody bothering to check the plug lol. Doubt it was manufactured in CA.
I've had some game supplies have this happen.  A card shop would only sell me 1 pack of card sleeves because there was a shortage.  He specified a bulk of them were on a ship in San Francisco, just sitting there.  I found some elsewhere, so idk how accurate he was.  
But getting things I know for a fact originate in China are s-l-o-w now.  Fun stuff.
“The Swamp is where Gators live.  We feel comfortable there, but we hope our opponents feel tentative. A swamp is hot and sticky and can be dangerous." - Steve Spurrier

OrangeAfroMan

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Re: In other news ...
« Reply #1907 on: January 28, 2021, 08:33:18 AM »
California's population is now growing at its slowest rate in more than a century. The California Department of Finance, which monitors the state's population data, found that from July 1, 2019 to July 1, 2020, California saw a net gain of only 21,200 new residents — a 0.05% growth rate not seen since 1900.Dec 16, 2020
Did we expect massive growth forever?  
Sounds like someone has the quarterly report to shareholders mindset to me.
“The Swamp is where Gators live.  We feel comfortable there, but we hope our opponents feel tentative. A swamp is hot and sticky and can be dangerous." - Steve Spurrier

OrangeAfroMan

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Re: In other news ...
« Reply #1908 on: January 28, 2021, 08:34:24 AM »
It could be her husband trading.

In my view, families of Congress persons should have their funds in a blind trust.
Definitely - and this wouldn't be a big deal IF serving in Congress was a temp job and not a lifelong cash-grab.  
“The Swamp is where Gators live.  We feel comfortable there, but we hope our opponents feel tentative. A swamp is hot and sticky and can be dangerous." - Steve Spurrier

bayareabadger

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Re: In other news ...
« Reply #1909 on: January 28, 2021, 08:35:39 AM »
Yeah, just gonna leave this here....

Why and how is this shit legal?

https://finance.yahoo.com/amphtml/news/nancy-pelosi-buys-tesla-calls-191017279.html?__twitter_impression=true
I'm sure Nance has done some stuff, but I'm not super clear how that exactly connects. 

She or her husband bought a bunch of stock for a super popular and valuable company. That stock just went on an insane heater, jumping just short of 40 percent in value in under a month. 

The article explains "The purchases by Pelosi are questionable as arguments could be made that the companies stand to benefit from new President Joe Biden’s agenda." 

Was that new? Was there something that after the Dec. 22 purchase made clear companies like Tesla were gonna benefit. Because if it's just "the new admin is gonna push electric cars" didn't we know that on election day and before? I assume down the road it could perhaps be troubling, but it doesn't seem like there's a strong correlation. 

I suppose the argument could be made that you just can't tinker with your stocks and such while in office, but that would of course really drive away people who earned enough to invest in a valuable way, which I assume some folks want. Granted, it makes a good headline and generates them clicks, so who am I to judge that?

bayareabadger

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Re: In other news ...
« Reply #1910 on: January 28, 2021, 08:38:10 AM »
In my view, congress people should serve, and then GO BACK TO WORK.
It's a weird case. Because governing is to a degree a skill. And it takes some time to get OK at it. But when you're around long enough, certain rots set in. 

I understand the appeal of term limits, but then you just had veteran staffers and lobbyists who get more ability to direct lost lawmakers (to a degree, it would be like only letting you employ engineers under 32. I assume that would be kinda a mess)

847badgerfan

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Re: In other news ...
« Reply #1911 on: January 28, 2021, 08:40:21 AM »
U RAH RAH! WIS CON SIN!

Cincydawg

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Re: In other news ...
« Reply #1912 on: January 28, 2021, 08:42:23 AM »
If your holdings are in a blind trust, they still get invested, you just have no control over it.

I think many in Congress are not very bright and are manipulated by staffers.

Mdot21

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Re: In other news ...
« Reply #1913 on: January 28, 2021, 10:14:01 AM »
Robinhood app completely shuts down buying of GameStop, AMC, and other stocks. Will only allow users to sell. Wow.

How is that not illegal massive market manipulation?

Robinhood is actively colluding with hedge funds to stop the bleeding and to try to bring those stock prices down so the shorts won’t get squeezed out of existence.

Cincydawg

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Re: In other news ...
« Reply #1914 on: January 28, 2021, 10:19:57 AM »
I see trading was halted, I presume by the exchange.

I'm curious what Robinhood offers over say Schwab.


MaximumSam

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Re: In other news ...
« Reply #1915 on: January 28, 2021, 10:29:27 AM »
Robinhood app completely shuts down buying of GameStop, AMC, and other stocks. Will only allow users to sell. Wow.

How is that not illegal massive market manipulation?

Robinhood is actively colluding with hedge funds to stop the bleeding and to try to bring those stock prices down so the shorts won’t get squeezed out of existence.
I have mixed feelings here. There is a value to protecting people from buying highly overvalued stock.

Cincydawg

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Re: In other news ...
« Reply #1916 on: January 28, 2021, 10:31:05 AM »
I have mixed feelings here. There is a value to protecting people from buying highly overvalued stock.
Who decides what is over valued?


OrangeAfroMan

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Re: In other news ...
« Reply #1917 on: January 28, 2021, 10:31:12 AM »
It's a weird case. Because governing is to a degree a skill. And it takes some time to get OK at it. But when you're around long enough, certain rots set in.

I understand the appeal of term limits, but then you just had veteran staffers and lobbyists who get more ability to direct lost lawmakers (to a degree, it would be like only letting you employ engineers under 32. I assume that would be kinda a mess)
I don't disagree, but my guess is that for ethical new members of Congress, they steer clear of influential lobbyists at first.  And then, over time, after being inundated by them for years, pick the one(s) they deem as least awful and succumb to those. 

But it's just a guess.  It's probably both/all of the above.
.
As for term limits, I think it's essential, but not short ones.  Make it 20 years or something...but these guys who hold their seat for 40+ years are garbage.  They "rep" stodgy districts with no growth and lazy voters.  It should not be a career...maybe a Congressional mentor program to get newbies up to speed more quickly could be a thing - but it'd be a private career to do that.  

Anyway, there's far too much of the representative telling their district what they should want and not enough of the district telling the representative to actually BE a representative.  Honestly, they should change the name of the job, because I don't see much actual representation at all.
« Last Edit: January 28, 2021, 10:38:42 AM by OrangeAfroMan »
“The Swamp is where Gators live.  We feel comfortable there, but we hope our opponents feel tentative. A swamp is hot and sticky and can be dangerous." - Steve Spurrier

 

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