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Re: Legislative Risk: What It is, How It Works

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Subject: Re: Legislative Risk: What It is, How It Works
From: soar2morrow@yahoo.com (Flyguy)
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by: Flyguy - Tue, 26 Sep 2023 03:10 UTC

On Sunday, September 24, 2023 at 8:43:33 AM UTC-7, Fred Bloggs wrote:
> They forget to mention things like maybe this explains how American politicians are so rich. Their power is more far reaching than realized.
>
> And look at the complexity of managing Walmart.
>
> https://www.investopedia.com/terms/l/legislativerisk.asp

That article doesn't explain that at all. Politicians get rich off of:
1. Insider trading
2. Revolving door employment
3. Bribery
The first two are legal, that last one not so much. Clearly, bribery is how Lyin' Biden got much of his wealth. Exposing illegal activity by politicians needs to be a top priority; stopping insider trading MUST come from the same politicians benefitting from it (in other words, forget it); revolving door employment is just a fact of life.

Re: Legislative Risk: What It is, How It Works

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Subject: Re: Legislative Risk: What It is, How It Works
From: bill.sloman@ieee.org (Anthony William Sloman)
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by: Anthony William Slom - Tue, 26 Sep 2023 04:27 UTC

On Tuesday, September 26, 2023 at 1:10:27 PM UTC+10, Flyguy wrote:
> On Sunday, September 24, 2023 at 8:43:33 AM UTC-7, Fred Bloggs wrote:
> > They forget to mention things like maybe this explains how American politicians are so rich. Their power is more far reaching than realized.
> >
> > And look at the complexity of managing Walmart.
> >
> > https://www.investopedia.com/terms/l/legislativerisk.asp
> That article doesn't explain that at all. Politicians get rich off of:
> 1. Insider trading
> 2. Revolving door employment
> 3. Bribery
> The first two are legal, that last one not so much. Clearly, bribery is how Joe Biden got much of his wealth.

One hopes that Sewage Sweeper hasn't got enough money to make him worth suing for libel. Accusing a politician of taking bribes is actionable - it's not part of the regular currency of insult.

> Exposing illegal activity by politicians needs to be a top priority; stopping insider trading MUST come from the same politicians benefiting from it (in other words, forget it); revolving door employment is just a fact of life.

Sadly, inventing supposed illegal activity by opposition politicians is very popular tactic, to the extent that when a politician like Donald Trump who really is a criminal get prosecuted his supporters cry "witch-hunt".

Australian politicians do go after insider trading, so perhaps America needs to work on getting better politicians.

--
Bill Sloman, Sydney

User hostile.

tech / sci.electronics.design / Re: Legislative Risk: What It is, How It Works

tech / sci.electronics.design / Re: Legislative Risk: What It is, How It Works

Subject	Author
Re: Legislative Risk: What It is, How It Works	Flyguy
Re: Legislative Risk: What It is, How It Works	Anthony William Sloman