Comment by sneak
8 hours ago
Nah, it’s just more visible. It’s not that much of a sea change. And it’s ridiculously naive to pretend that the major countries in Europe don’t have their own mechanisms to regularly and effectively bypass any democratic inconveniences when necessary. They regularly push through things that no constituent would ever want or vote for.
Meanwhile the President sits in the Oval Office and says, in a televised interview, with absolutely no shame, that all of his kids and family are insider trading, all the time.
Meanwhile in Germany insider trading is completely legal for politicians. Well, not insider trading - but it's definition supposedly doesn't extend beyond internal business information.
(At least that's what people keep telling me, im not a lawyer)
Insider trading is it course not legal for politicians in Germany, as you could have found out without being a lawyer. That being said, transparency/reporting duties for members of parliament/ministers can and should definitely be improved.
1 reply →
Nah, it’s worse now than ever.
You're right, just the other day our MP lined his pockets to the tune of a couple of billion, pumped his shitcoin, tipped off his friends about about the stock market movements he was going to cause, sent a couple of good deals to his kids and threatened war on a couple of countries just to please his buddies. And that's just the last couple of months... /s
Oh, and will sell you access to his market-moving tweets for $100K a month, so you know and can get your stock trades set before the plebes do.