Re:House Democrats to propose ban on lawmaker stock trading ...
by hedora on Thursday July 28, 2022 @01:16PM
(#32267362)
Manchin has made it clear he will happily (and literally) burn the entire planet down for $5M/year.
If lobbying is legal, than bribes should be too.
I'd chip into the "Pay Manchin a ransom of $50M to not do $50T of damage to the planet" fund.
Re:House Democrats to propose ban on lawmaker stock trading ...
by arebop on Thursday July 28, 2022 @02:33PM
(#32268429)
Suppose you did pay each legislator $50M to work for the good of the whole country. Do you think this would prevent Manchin from being influenced by a $5M lagniappe? It's an extra 10%! And a certain well-known politician infamously took care to fleece the secret service for overpriced golf cart and hotel room rentals, despite getting hundreds of millions per year in emoluments revenues. Some people are really motivated by every penny despite what economists might tell you about marginal utility.
Re:House Democrats to propose ban on lawmaker stock trading ...
by Bloating on Thursday July 28, 2022 @03:25PM
(#32269035)
Who's version of whats good?
Re:House Democrats to propose ban on lawmaker stock trading ...
by pessimizer on Thursday July 28, 2022 @02:01PM
(#32268008)
> If lobbying is legal, than bribes should be too.
Also selling your vote. Then we can at least choose the pol who sends the biggest check.
Re:House Democrats to propose ban on lawmaker stock trading ...
by kelnos on Thursday July 28, 2022 @07:28PM
(#32271305)
Another commenter here claimed that in Singapore, they pay 3x the national median salary. Singapore is not my cup of tea government-wise, but they are viewed as one of the least corrupt governments in the world.
Certainly that's not solely due to how they are paid, but I'm sure it factors in.
Re:House Democrats to propose ban on lawmaker stock trading ...
by brianwawok on Friday July 29, 2022 @12:40PM
(#32279129)
Median salary in the US is 67k.
3 of that is a rounding error from what our reps are currently paid.
Not sure what that argument is going?
Re:House Democrats to propose ban on lawmaker stock trading ...
by dragonwriter on Friday July 29, 2022 @12:46PM
(#32279190)
> Median salary in the US is 67k.
No, it's not. Median household income is about $67k. Median salary (or, at least “median annual earnings for workers who worked full time”) is about $56k.
Re:House Democrats to propose ban on lawmaker stock trading ...
by brianwawok on Friday July 29, 2022 @03:33PM
(#32280916)
Ok, does not change my post in any way.
Re:House Democrats to propose ban on lawmaker stock trading ...
by mfer on Thursday July 28, 2022 @01:05PM
(#32267153)
> Do countries with less corrupt lawmakers pay more than the US? I doubt that...
This assumes ones level of corruption has to do with income. Is that true or are there other factors?
Clearly we can't pay lawmakers $0 and expert high effort + no corruption.
is there any proof of any way that saying pay from 170k a year to ??? 1 million USD? a year would have any impact on the problems?
Do countries with less corrupt lawmakers pay more than the US? I doubt that...