Congress & Stock Trading - discussion about expectations of Public servant's finances

[rennigade]

https://www.youtube.com/watch?v=yWgx...BreakingPoints

I mentioned breaking points in another thread. Its these independent journalists who are doing actual journalism and providing real news.

[myrdale]

I'd propose all transactions made by government employee's be made public and that there be a 24 hour waiting period before the transaction is complete.

[amarowsky]

https://www.youtube.com/watch?v=yWgx...BreakingPoints

I mentioned breaking points in another thread. Its these independent journalists who are doing actual journalism and providing real news.

Hell yea Rennigade! I'm a supporter of breaking points also! Totally enjoying the great information they're providing, given the WIDE OPEN LANE Corporate-News channels has to leave open (to appease their corporate donors ) .

Totally 2nd recommendation of breaking points. They did a great job spotlighting this issue, among many others that you don't get good coverage on.

[CaslRock]

I have started trading recently and it seems a bit complicated for me. Sometimes I feel that I’m just wasting money. I’ve got friends who’re successful in it, however I’m not that close to them and don't want to look pathetic when discussing it. That's why I need your support guys. I would appreciate it if you could provide me with your stories, examples, suggestions and recommendations. It would be great of you. I also want to know if ift is good to use strategies, like moving average trading secrets for example. I’v heard and red a lot bout it but I don’t have a person to explain more about it. So, thanks in advance!

[ua_guy]

One name was constant and recurring through out the article -- Nancy Pelosi! Now that her ability to influence legislation is up with the Biden presidency, I personally will be tracking the woman's portfolio.

If you can't beat 'em or stop 'em, just join 'em!

Well, how is her portfolio doing YTD?

I'm so interested to hear about the "new mainstream media" (the independent stuff, I guess). You all realize that all news media is bought and paid for by an organization, company, or financial entity, right? So when you persuade everyone to come look at your little hole-in-the-wall media outlet, it's really just a different tint of opinion, also backed by money.

[rennigade]

I'm so interested to hear about the "new mainstream media" (the independent stuff, I guess). You all realize that all news media is bought and paid for by an organization, company, or financial entity, right? So when you persuade everyone to come look at your little hole-in-the-wall media outlet, it's really just a different tint of opinion, also backed by money.

Its hard to keep up with the internet but substack produces a large amount of independent journalists. How do they get paid?? By me, you, or anyone who wants to subscribe to the journalists. By patreon, you can simply make a donation. Podcasts, again, some are subscription based or you can donate through patreon. Youtube, just clicking on their videos generates money...although im not sure how the ad thing works on youtube. Some of the powerhouses on substack are matt taibbi, bari weiss, glenn greenwald, etc.

The one I referred to above is breaking points. Its also subscription based. There are two main hosts, Krystal and Saagar. One is on the left, the other is on the right. They destroy each of their parties when its necessary, and they bring up a lot of reporting that you will not find on mainstream because its not good for mainstream or the party. I dont subscribe but I watch the clips they release for free on youtube. Again, they also get money from me clicking and watching their videos.

Personally, I would have a tough time not selling out like these actual reporters do. They make peanuts compared to mainstream big name celebrities who read biased news. For most people, turning on CNN or FOX is just easier than seeking out real journalism. Its much more fun to watch FOX/CNN bring on 6 guests and put them in little squares around the screen while they all talk over each other and cover nothing. Thats what people really want.

As for Nancy's performance...stay tuned. A real journalist will provide that info at some point. If you feel like it, head on over to: https://unusualwhales.com/politics and crunch the numbers. Unusual Whales twitter posted the 2021 results of those who did well: https://twitter.com/unusual_whales/s...56947577860096 Again, we'll have to wait for 2022 results.

[ua_guy]

Its hard to keep up with the internet but substack produces a large amount of independent journalists. How do they get paid?? By me, you, or anyone who wants to subscribe to the journalists. By patreon, you can simply make a donation. Podcasts, again, some are subscription based or you can donate through patreon. Youtube, just clicking on their videos generates money...although im not sure how the ad thing works on youtube. Some of the powerhouses on substack are matt taibbi, bari weiss, glenn greenwald, etc.

The one I referred to above is breaking points. Its also subscription based. There are two main hosts, Krystal and Saagar. One is on the left, the other is on the right. They destroy each of their parties when its necessary, and they bring up a lot of reporting that you will not find on mainstream because its not good for mainstream or the party. I dont subscribe but I watch the clips they release for free on youtube. Again, they also get money from me clicking and watching their videos.

Personally, I would have a tough time not selling out like these actual reporters do. They make peanuts compared to mainstream big name celebrities who read biased news. For most people, turning on CNN or FOX is just easier than seeking out real journalism. Its much more fun to watch FOX/CNN bring on 6 guests and put them in little squares around the screen while they all talk over each other and cover nothing. Thats what people really want.

As for Nancy's performance...stay tuned. A real journalist will provide that info at some point. If you feel like it, head on over to: https://unusualwhales.com/politics and crunch the numbers. Unusual Whales twitter posted the 2021 results of those who did well: https://twitter.com/unusual_whales/s...56947577860096 Again, we'll have to wait for 2022 results.

Let's be clear, I'm not defending insider trading by any member of congress or any official political figure from any party.

But what you describe really sounds like something an Alex Jones supporter would say, and we know how "truthful" he is.

For anyone else in the back, the "corporate mainstream" media actually does report on insider trading in congress. I can read articles from NYT, WaPo, NBC all discussing it just by searching for recent articles using any popular search engine.

[rennigade]

Let's be clear, I'm not defending insider trading by any member of congress or any official political figure from any party.

But what you describe really sounds like something an Alex Jones supporter would say, and we know how "truthful" he is.

For anyone else in the back, the "corporate mainstream" media actually does report on insider trading in congress. I can read articles from NYT, WaPo, NBC all discussing it just by searching for recent articles using any popular search engine.

And when were said articles by mainstream published? The gen pop didnt know about it until it was brought to light by smaller real news/real reporter organizations. Then mainstream had no choice but to jump on board. Sure, there were probably one off articles over the past decade of insider trading, but nothing like there is now...thanks to the small fish.

I just answered your question earlier and you're still defending your stance. Its ok to learn new things. You're very confrontational and as far as I can tell, you've never been wrong. Hard to grow as a human being when you're always right. With that said...I gotta add you to the ignore list. Good luck to you.

[ua_guy]

And when were said articles by mainstream published? The gen pop didnt know about it until it was brought to light by smaller real news/real reporter organizations. Then mainstream had no choice but to jump on board. Sure, there were probably one off articles over the past decade of insider trading, but nothing like there is now...thanks to the small fish.

I just answered your question earlier and you're still defending your stance. Its ok to learn new things. You're very confrontational and as far as I can tell, you've never been wrong. Hard to grow as a human being when you're always right. With that said...I gotta add you to the ignore list. Good luck to you.

Good luck to you, too!

[amarowsky]

Let's be clear, I'm not defending insider trading by any member of congress or any official political figure from any party.

But what you describe really sounds like something an Alex Jones supporter would say, and we know how "truthful" he is.

For anyone else in the back, the "corporate mainstream" media actually does report on insider trading in congress. I can read articles from NYT, WaPo, NBC all discussing it just by searching for recent articles using any popular search engine.

I'm w/ rennigade on this. Corporate media (fox/cnn/msnbc) = has failed to really convince me that they're news instead of entertainment...

Independent media is far from perfect (perfect = impossible) , but they report on much more relevant things in my life, and with greater detail (labor strikes, airline/gas issues, corporate stock buy-backs with gov't money - then claiming labor issues after layoffs, the whole failure of our medical pricing system, drug war stuff, prison failures, congress & stock trading, seemingly the only places willing to discuss nuclear power, and many more...

The big thing for me, is I don't think I've ever seen any anti-war sentiment on corporate media. Seems like they have a nonstop line of former generals now sitting on defense boards just beating the wardrum w/ no signs of restraint or an inkling for diplomacy. Thankfully, independent media (that I have chosen to listen to) at least entertains the pro's and con's of not having a bunch of rich people order poor people's kids to go kill each other....

I was merely bored of hearing the same ol' crap , ever so slightly packaged different by each side, from corporate news.

[james.hendrickson]

The big thing for me, is I don't think I've ever seen any anti-war sentiment on corporate media. Seems like they have a nonstop line of former generals now sitting on defense boards just beating the wardrum w/ no signs of restraint or an inkling for diplomacy. Thankfully, independent media (that I have chosen to listen to) at least entertains the pro's and con's of not having a bunch of rich people order poor people's kids to go kill each other....

I am with Amaroswsky on this. The Biden administrations seems totally committed to fighting Russia in Ukraine, which is insane and highly risky when you think about the maximum possible consequences for the US. Its like they have taken a big drink from the war cool-aid fountain and lost their minds. Why should the US government blow out the Federal deficit on checking Putin's expansionism and risk nuclear war when there is little material benefit for the majority of US citizens at large?

Its stupid, and an insane decision to make.

[rennigade]

https://www.cc.com/video/8067fc/the-...ne-gideon-rose

This clip has been making its rounds. This guy was on the colbert report in 2014 and talks about exactly what is happening now between russia and ukraine.

I saw HQ of the 101st airborne has now moved to europe. Last time they were all there was WW2. Thats always a great sign. Im another one who agrees with amarosky and james on this one. Things are going to get really bad if the grown ups do not propose or start talking about a peaceful resolution to this. Things just keep escalating and the pot that is boiling will eventually spill over. Nuclear war is a real possibility and no one seems to think it will affect them.

We saw how bad runs on the grocery stores were during the big bad pandemic. Now picture that...but stores never being restocked, and your power out, and no running water, and no fuel, etc etc. The walking dead tv show will look like paradise compared to massive swaths of land that glow from radiation.

I wonder how a global nuclear war will affect the stock market? lol

[ua_guy]

I'm w/ rennigade on this. Corporate media (fox/cnn/msnbc) = has failed to really convince me that they're news instead of entertainment...

Independent media is far from perfect (perfect = impossible) , but they report on much more relevant things in my life, and with greater detail (labor strikes, airline/gas issues, corporate stock buy-backs with gov't money - then claiming labor issues after layoffs, the whole failure of our medical pricing system, drug war stuff, prison failures, congress & stock trading, seemingly the only places willing to discuss nuclear power, and many more...

The big thing for me, is I don't think I've ever seen any anti-war sentiment on corporate media. Seems like they have a nonstop line of former generals now sitting on defense boards just beating the wardrum w/ no signs of restraint or an inkling for diplomacy. Thankfully, independent media (that I have chosen to listen to) at least entertains the pro's and con's of not having a bunch of rich people order poor people's kids to go kill each other....

I was merely bored of hearing the same ol' crap , ever so slightly packaged different by each side, from corporate news.

I can't think of anything you mentioned that hasn't been covered by a mainstream outlet. But you are correct, on the big outlet's 24-hour networks, a lot of it is commentary/discussion/spin and not strictly "news". A lot of TV content is also developed for generally low comprehension and attention span, so to get truly deep analysis, yes, outside reading is required--and usually some sort of subscription to get the best content.

Reading/watching/absorbing news from many different outlets is great. It's the ones who claim they're getting "the truth" from their little holes in the wall, and everything else is political lies - well, I guess I'm sick/tired of hearing the same 'ol crap too

[amarowsky]

I can't think of anything you mentioned that hasn't been covered by a mainstream outlet. But you are correct, on the big outlet's 24-hour networks, a lot of it is commentary/discussion/spin and not strictly "news". A lot of TV content is also developed for generally low comprehension and attention span, so to get truly deep analysis, yes, outside reading is required--and usually some sort of subscription to get the best content.

Reading/watching/absorbing news from many different outlets is great. It's the ones who claim they're getting "the truth" from their little holes in the wall, and everything else is political lies - well, I guess I'm sick/tired of hearing the same 'ol crap too

I had a feeling we're more in alignment, and your last post helped identify another point that may be worth extracting.

"attention span & low comprehension" = the most common thing you get on the 24-hour entertainment-based news channels. This may be the most significant difference in the product of Corporate news vs independent news. I think we're all well aware by now, that corporate news has to make sure at least 30% of their time is dedicated to their advertisers. Where on independent news & opinion shows, you typically (the ones I choose) have no ad's (subscriber funded) or a smaller suite of ad's (less time, or often, no respect/consideration is given towards the advertiser, as they're replaceable for many successful shows/pods/programs). This may be why more independent shows are able to drill down on questions allowing for much more rich comprehension, discussion, and focused attention to the many facets of each problem/story/issue discussed.

Plenty of issues w/ independant (they're just as susceptible to audience capture / Echo chambers as the Big Corporate). They have been far more compelling and informative to me in the past few years (compared to corporate & curated cable). And the steady substantial decline in cable is a testament towards the big companies inability to compete against the little guys here.

If you haven't dipped in you toe, I highly recommend it. Just make sure to spread your exposure around to several (as many as you can stomach) voices from different perspectives, classes, industries, varying levels of status. Helps me to empathize with people in almost any walk of life , in the 2022 culture ecosystem. I just make sure to very very rarely believe anything I hear 0% or 100%, it's always somewhere in-between.

[ua_guy]

I had a feeling we're more in alignment, and your last post helped identify another point that may be worth extracting.

I think we both agree that news from any source should be treated as data points on a vast spectrum, not necessarily as automatic gospel or heresy based on source or perspective. You make a good point about empathy and understanding different perspectives.

The caveat, though, is there's this idea pushed by some on this forum that if people would "just" follow independent media, it will lead to some sort of enlightenment which would cause one to change their values or political perspectives. What they are really saying is, unless you believe their point of view and the news they personally want to hear, everything else is false and obviously the product of propaganda. And that's just not true.