Re:Washington Officials Traded Stocks with Exquisite Timing
by raydiatian on Thursday October 20, 2022 @09:35PM
(#33283207)
By “skin in the game”, do you mean legislators should be allowed to hold & trade securities while in office? Because having insider trading information gives you an edge up, and thus less skin in the game than everyone else.
Re:Washington Officials Traded Stocks with Exquisite Timing
by nyc_data_geek1 on Friday October 21, 2022 @01:48PM
(#33290911)
No, I mean the older you are, the less invested you are in the long term consequences of your actions, personally. An 85 year old senator only needs to care about the consequences of their actions 20 years on in a very abstract, moral sense, as they are very unlikely to have to experience them personally.
And yes, as people age, they do tend to suffer cognitive decline. You may be the exception, but as a rule it's still a factual statement.