Like Causes?

Install the App
TRY NOW

senate Bill S. 3718

Should Members of Congress be Banned From Stock Trading & Sitting on Corporate Boards?

Argument in favor

Members of Congress shouldn’t be allowed to use the information obtained in the course of legislating to conduct insider trading. Ensuring that there are consequences for this unethical behavior is an important deterrent to this type of behavior.

B.R.'s Opinion
···
12/31/2018
This bill is long over due. If found guilty, they should not only pay the financial penalty, but be dismissed from their position.
Like (229)
Follow
Share
Chickie's Opinion
···
12/31/2018
This should be 100% endorsed by both sides of the Legislative chamber. Greed and theft are a slippery slope and an easy path to follow. To be honorable and live with integrity, that is difficult. However, it is possible to be honorable, to be strong and serve, i.e.: Sen.John McCain. Although Sen. McCain made mistakes in his life, he acknowledged and said he was sorry. It is time Legislators serve the people they were elected to serve.
Like (129)
Follow
Share
···
12/31/2018
Selling themselves to the highest bidder is corrupting our government officials. They will never do it. They care more about power and money. Look at most after they leave congress. They are millionaires and then sell their services to corrupt the next set of congressmen.
Like (89)
Follow
Share

Argument opposed

Investment accounts are an important piece of most people’s financial plans — members of Congress shouldn’t be deprived of this important financial tool simply because they happen to hold public office.

Ken's Opinion
···
12/31/2018
There should be no insider trading by anyone. It's just too easy for polititions to be bribed by lobbyists.
Like (39)
Follow
Share
Gopin2020's Opinion
···
01/02/2019
Better yet ban them from being lobbyists on capital hill. #MAGA
Like (13)
Follow
Share
TuckerWantsLiberty's Opinion
···
12/31/2018
No, members of Congress should be banned from passing legislation. That does far more harm.
Like (9)
Follow
Share
    This bill is long over due. If found guilty, they should not only pay the financial penalty, but be dismissed from their position.
    Like (229)
    Follow
    Share
    There should be no insider trading by anyone. It's just too easy for polititions to be bribed by lobbyists.
    Like (39)
    Follow
    Share
    This should be 100% endorsed by both sides of the Legislative chamber. Greed and theft are a slippery slope and an easy path to follow. To be honorable and live with integrity, that is difficult. However, it is possible to be honorable, to be strong and serve, i.e.: Sen.John McCain. Although Sen. McCain made mistakes in his life, he acknowledged and said he was sorry. It is time Legislators serve the people they were elected to serve.
    Like (129)
    Follow
    Share
    Selling themselves to the highest bidder is corrupting our government officials. They will never do it. They care more about power and money. Look at most after they leave congress. They are millionaires and then sell their services to corrupt the next set of congressmen.
    Like (89)
    Follow
    Share
    They can not write laws and then invest in those companies they just helped make profits!! This is a no brainer and the reason they get paid $135,000.00 a year with a pension and healthcare for life. They should not be allowed to take any money or invest in anything. Also publicly funded elections is the only way to stop our politicians, on both sides, from not representing us the people!!
    Like (64)
    Follow
    Share
    Not only a conflict of interest, but they have more insider trading knowledge than the average stock traders.
    Like (53)
    Follow
    Share
    They are supposed to be representing the people not the corporations. If they want to be in the corporate world, they need to leave that of public service.
    Like (51)
    Follow
    Share
    Serve the public, not yourself. If you ran for Congress and won, you did it deliberately knowing what was coming. Be honest.
    Like (36)
    Follow
    Share
    Absolutely. Our system is dangerously corrupted by citizens united and lobbyists. Any step we can take to slow the rot is required. That someone like trump should even want to be president shows the level of decay present in our oligarchy. That he succeeded in his bid to get richer off the backs of tax payers shows the decay in our education system. That the GOP does nothing to hobble his attempts to become dictator shows Golem-like gangrene in our government.
    Like (34)
    Follow
    Share
    Without a doubt! I thought this was already no longer an issue. Divest now. Damn you ‘tards! Greed reigns above all else, these days! They ALL need to disclose annually, at least, their stock holdings. They don’t need to disclose the amount, just which ones they own. This way we can watch to see if they have been compromised when they vote. We can then remove them from office, if we find they have a conflict. Damn it. This crap HAS TO STOP!
    Like (28)
    Follow
    Share
    My answer isn’t yes, it’s Hell yes! Too long we’ve allowed business to dictate our politics. When they allowed to have a say we see the chaos they bring to us. When people make judgements many things are considered, but when business is allowed a voice, their only consideration is themselves.
    Like (25)
    Follow
    Share
    Too much positive change has been either slowed or completed halted by conflicts of interest in line with those that arise from these connections. Perhaps, someday, we could extend this policy towards other government officials as well.
    Like (24)
    Follow
    Share
    Elected officials should have never been allowed to own stocks and work on laws that effect the value of the stocks.
    Like (22)
    Follow
    Share
    Can’t believe this isn’t already on the books. Good lord.
    Like (20)
    Follow
    Share
    The People’s business is paramount and the reason they’re there. While they serve at that level of government ANY possible cause or hint of conflict of interests must be avoided at all costs.
    Like (19)
    Follow
    Share
    Absolutely this should go for every influential member of any government body- including the president.
    Like (17)
    Follow
    Share
    This should have been in place a long time ago! The lack of laws like this only fuels the rampant corruption in Washington.
    Like (17)
    Follow
    Share
    Absolutely. They’re directly involved with changing the economic and financial climate through rules and regulations. This would present a conflict of interest. How hasn’t anyone questioned how it is some Senators are worth over $20M?
    Like (17)
    Follow
    Share
    Of course Congress should be banned from obvious conflict of interest.
    Like (15)
    Follow
    Share
    Their job is to run the country NOT work for a corporation in a board where they are being paid for going back to congress to pass laws for their corporate boards! It’s collusion and it needs to stop!! Either you work for the corporation or the country not both at the same time!
    Like (14)
    Follow
    Share
    MORE