But that $200 only covers one STOCK Act violation, per guidance from the House Ethics Committee – and Malinowski has broken the law multiple times."
https://www.nrcc.org/2021/12/15/malinowski-will-pay-for-his-...
If that was not enough congressional members are shielded from any questions that arise from congressional discussions per the Speech and Debate Privilege https://en.wikipedia.org/wiki/Speech_or_Debate_Clause
https://www.sec.gov/Archives/edgar/data/25743/00013871311300...
Many times I think how to arbitrage and profit from any situation. I am envy that certian people can, and I cannot! What can I do to deserve same humane treatment?
I propose to setup a Nancy Fund.
We pool our money and give it to her for management. She makes say 1000% guaranteed profit by insider trading, and by manipulating the stock prices by issuing appropriate legislation. This is all legal, as a part of the governmental framework.
Of course she can take hefty management fees -- I do not mind. My risk-free net profit will be still better than any other investment!
It can become huge -- anybody can invest and everyone will get rich.
For further scaling other members of congress can be utilized also. Just make sure they do not issuing contradicting laws and policies, else this would cancel our profits.
How about this?
I hate the way we do government. It does not scale.
If everything has a price, the potential to receive that price without much risk encourages your selfishness. Owning stock while being able to make policies that can immediately affect that stock incentivizes selfishness.
Politicians are not suppose to be in the game of maximizing their personal profits.
That's better than banning trades IMO.