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Re:Unusual Stock Trading by Whales in US Congress by sneak on Thursday April 15, 2021 @02:04PM (#26824048)
I'm not sure that has ever been true, or ever been the goal.

The American government does serve the interests of the American people: the American people who own the bulk of the land and the largest companies.

George Washington was the largest landowner in the colonies when the revolution started.

Re:Unusual Stock Trading by Whales in US Congress by hpkuarg on Thursday April 15, 2021 @02:38PM (#26824500)
But Washington also shocked the ruling elites of the world by stepping down when he did. Clearly, he was cut of a different cloth than other largest landowners in their respective countries.
Re:Unusual Stock Trading by Whales in US Congress by kelnos on Thursday April 15, 2021 @04:34PM (#26825782)
Right, and in the very beginning, only some single-digit percent of the people living in the US were eligible to vote. Women, slaves, non-landowners, etc. did not have the right to vote.

The idea that the US was originally founded "by the people, for the people" is not at all what happened. I guess we could say that the government they created was progressive for its time, at least.

Re:Unusual Stock Trading by Whales in US Congress by jcranmer on Thursday April 15, 2021 @05:43PM (#26826509)
> Right, and in the very beginning, only some single-digit percent of the people living in the US were eligible to vote. Women, slaves, non-landowners, etc. did not have the right to vote.

Slaves would not have been a large proportion of the country as a whole--about 20% at their height. While the early US did require landownership for adult free males to vote, the US also had unusually high landownership rates. It's estimated that ~60% of free adult males had the right to vote (contemporary Britain had about 15-20% of free adult males having that same rate). So ultimately you end up with about 25% of the current franchise rate, or somewhere in the mid-high teens after taking into account the existence of children who still cannot vote.

Re:Unusual Stock Trading by Whales in US Congress by api on Saturday April 17, 2021 @11:08AM (#26844761)
The US was more democratic after the revolution than before. Since then the trend has been in that direction, largely because those kinds of principles are baked into the constitution.