Why is America so corrupt?

>That's called good instinct
It's called corruption and using classified intel for personal gain. Most American senators are fucking clueless retards

you don't have to be a rocket scientist to know that you're going to have market drops in the wake of government action in a pandemic crisis

Senator Burr, what are you doing in Canada?

>Why is America
fuck off

this is a fantastic time to acquire share count, your shares aren't going anywhere, and the 500 biggest stocks in the market are from companies that aren't going anywhere

frankly you'd be stupid not to buy right now

Look at the date

Anyone with the internet had a chance to sell before the big sell off the Monday it hit Italy

Are you just learning senators are immune to insider trading laws?

They're not

America is a merchant nation. It's all about the money

>this thread
Holy shit why are Americans such bootlickers?

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>Why is America so corrupt?
In a democratic republic, Engels continues, “wealth exercises its power indirectly, but all the more surely”, first, by means of the “direct corruption of officials” (America); secondly, by means of an “alliance of the government and the Stock Exchange” (France and America).

V. Lenin, 1917

there were a lot of powerful selloffs on that day

says the fellow with 100k police walking around checking his being outside license

ah yes, the russian is here to enlighten the world on its democratic processes

dunno but you should start rioting about it

Obviously, because we know more about democracy than you do.

The appropriate term is "revolting." As in: "The French are revolting."

I wouldn't know it, you have what amounts to a dictator in charge of your country, and you've forgotten how to have opposition parties of any kind that don't end up imprisoned or shot in the capital mysteriously.

The average S and P p/w ratio was at 25 and higher for a long time before the pandemic. Equities in America had been overvauled for a long time but you are a fool to think this song insider trading

* P/e ratio

No doubt you got this information from your extensive research in political science and not just anecdotes you saw on the news.

>end up imprisoned or shot in the capital mysteriously.
That's a myth. Russia has many opposition parties. Killing political opponents would be inconvenient for Putin. Also stop trying to deflect your corruption onto others lol.
Why cant Americans accept that their politicians are corrupt? Stop trying to deflect

What's your "opposition"?

Maybe you should
cope

>and you've forgotten how to have opposition parties of any kind
1. We still have many parties.
2. Tthe only way to make real change in the national policy in any country is by taking over it by force. You should have learned that instead of repeating all the rubbish they teach you at school about "muh freedumbs" or "muh constitution rights"

Our politicians are corrupt. :)

We know this on many accounts, but for many of us living in the US is still rather fine. The only thing that gets me upset nowadays is just hearing about the cost of healthcare and seeing fat fucks walk about in the daytime like they're human.

Money is worth more than honor.

Also all American are descended from sociopaths, its our heritage. If you tell me I can get a bunch of money from doing something legal but dishonorable.....I will go for the money every time.

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Wrong, Biden is gonna BTFO Trump and usher in a new Golden age worldwide

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Maybe I'm stupid, but I don't quite understand the scandal here. If you own stock and you work in an environment where you have access to important information, are you just supposed to pretend you don't know what you actually know when it comes to handling your own, private affairs?

I mean, what is the alternative? If you gain knowledge of a massive event taking place that will crash markets are you just supposed to not sell, knowing full well that it is the the wrong thing to do?

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Biden is going to forget to wear pants to his first rally.

My father dumped stocks in early february. Literally everyone with a brain saw it was going to crash

>sell millions in stocks
>market crash
>buy back the stocks for pennies
>US government dump $1.500,000,000,000 into the stock market
>sell your stocks and make hundreds of millions
>this is legal in the sates because you're rich

wow

>are you just supposed to pretend you don't know what you actually know when it comes to handling your own, private affairs?
Yes, according to american laws, trading stocks while using insider information is a serious offence.

>Loeffler was born in Bloomington, Illinois and raised on her family's corn and soybean farm in Stanford, Illinois.

looks "pure" German

>millions
Small potatoes.

If anything, I'd be buying oil futures right now. It has a good potential of going 3x if you wait until next year

But how does that harm anyone except the person not acting on the best information available to them?

People always have access to different levels of information and act accordingly. I can understand not being able to share privileged information, but how can you expect people to ignore information that they legitimately gained?

Dont forget the step where cuck citizens will defend the rich for this

Owning large amounts of common stock and using insider information to sell large volumes is a very serious offense

You know those sharks that have a bunch of small fish hanging out around them, mooching off the scraps the shark doesn't swallow? They're the americucks defending this.

People with access to such information are supposed to take measures to recuse themselves in such a way so as not to use the information entrusted to them by the public for personal gain.

And justify the death of several thousands while ousting other leaders who do the same as tyrants.

Also this

Unsurprising. Studies about congressional portfolios outperforming the average aren't uncommon. I'm more disgusted that laws haven't been passed requiring all law makers to have their wealth managed by blind third parties.

>how can you expect people to ignore information that they legitimately gained?
Because it's the law, if they can't keep their work and private economy separate they are unfit for office.

It's not different from hearing in a secret meeting that the city is about to place a bid on a cheap lot for big development (and knowing it's government it's gonna be months before they DO bid) and then buying it yourself and inflating the price.

ahem

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lel, fuck you kid

Issue is the idea that the "enterprising" people (read crooks) are the smartest in the field, so "punishing" them will mean they wont apply for the job and you'd have to settle for "dumb" honest people.

But how does that work in practice? Let's say I'm in a position to know the corona virus is going to have a massive impact before everyone else. Naturally, I would want to sell my stocks, but apparently I'm not allowed to act on the information. But then when am I allowed to sell? When it has become blatantly obvious to everyone? Not at all? Is there a fixed time period?

For this issue? I find that unlikely, but god only knows what copetard two party jingoisms retards tout and eat up.

>Is there a fixed time period?
When the information is made public knowledge.

It doesn't. A Bloomberg opinion piece sums this up succinctly. All trading is almost inherently insider knowledge. So what do you do with this info? Just like all conflicts of interest, you have some kind of wealth escrow or third party fund manager handle the money that would be blinded by law from "proprietary or secret" knowledge.

>investing in stock
Shiggy diggy