• switcheroo@lemmy.world
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    3 minutes ago

    Sooo… a conflict of interest? Say it ain’t so!

    (Nothing’s going to happen since the Pedo-in-Chief and most of the Gov is just as corrupt)

  • SpruceBringsteen@lemmy.world
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    1 day ago

    Members of Congress shouldn’t own stock, neither should Supreme Court Justices. It’s effectively a life appointment, they are well compensated, and there’s obvious conflicts of interest. Money and justice don’t mix well.

    • FundMECFS@piefed.zip
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      10 hours ago

      Yes. That’s the easier solution.

      The harder solution is maybe we shouldn’t have 9 people appointed by the most powerful person in the country for life have that much power. It’s not very democratic.

    • boonhet@sopuli.xyz
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      21 hours ago

      They should be allowed to invest in broad index funds. Shit that goes up when the economy is good and down when it’s bad.

      And maybe gvt bonds.

  • circuitfarmer@lemmy.sdf.org
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    1 day ago

    Alito’s individual stock portfolio

    His what now?

    One issue we have now isn’t exactly insider trading: it’s that insider trading has been happening for so long that it feels like simply requiring no conflicts of interest, as should be standard operating procedure, now feels like inventing an entirely new system.

    And of course, we have to contend with all the people who are worried about disenfranching the people in these positions.

    Or, maybe, just maybe: the people who should be representing the public and running the country are those who would do so without worrying about their self-enrichment first.

  • jtrek@startrek.website
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    23 hours ago

    Public servants shouldn’t be allowed to own stock, except maybe through some sort of arm’s length diversified portfolio managed by a third party. Like, you can put money in Vanguard’s index funds, but you can’t pick individual stocks. Maybe. I would also accept that you just aren’t allowed to own stock. Put your money in government bonds or something.

  • CreamyJalapenoSauce@piefed.social
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    1 day ago

    I think it was Technology Connection’s Alec who pointed out something I never thought of. When he talked with people about oil, he realized that he had a preconception that oil was a stepping stone. He assumed that everyone agreed that at some point THE goal in energy production is to replace oil, not add more power sources to it. When he said that, my matching bias was suddenly put in the spotlight. Since then I’ve wondered how people like Alito don’t see this as the obvious next step.

  • tomenzgg@midwest.social
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    18 hours ago

    a·li·to /ˌʌˈli toʊ/ v.

    To act with abject incompetency, such as to draw question regarding fitness and ability concerning not just the current moment but respecting the subject at large

  • TankovayaDiviziya@lemmy.world
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    17 hours ago

    That’s why the court declared Trump tariff illegal, because the judges obviously own stocks and hated it when their portfolio went down.

    • silence7@slrpnk.netOPM
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      1 day ago

      So long a he holds it, he is supposed to recuse himself from cases that affect those stocks. This has meant one less vote in the Supreme Court in favor of the oil industry

        • silence7@slrpnk.netOPM
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          23 hours ago

          In the past, yes, but not this time

          Justice Samuel A. Alito Jr., who had recused himself in a prior petition in the Boulder case (possibly because he owned stock in ConocoPhillips) did not indicate that he would be recusing himself from the case. ConocoPhillips, which is not named in the Boulder case, is a defendant in other climate lawsuits.