Elizabeth Warren's dangerous bills

Sen. Elizabeth Warren wants to ban members of Congress and the White House staff from owning individual stocks — and replace them with government-managed investment accounts.

Warren's new push to sever corporate power from the federal government follows another proposal she outlined less than a week earlier called The Accountable Capitalism Act. That bill would establish a system of federal charters requiring company directors to consider the broader impact of their actions beyond solely their own shareholders.

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Lord Tammerlain said:

A great idea to reduce corruption in the federal government

The ability to buy senators and congress members will be reduced and potentially make them represent the people rather than the highest bidder

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biglawnmower said:

man i hope the left wing nuttys run liz warren. that would be a dream come true.

easier win for trump than hillary

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Bucky said:

So, providing more power to the federal government reduces corruption?

These bills actually produce the opposite. They provide less accountability to CEO's and increases the ability to buy senators and congress members.

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Sen. Elizabeth Warren wants to ban members of Congress and the White House staff from owning individual stocks — and replace them with government-managed investment accounts.

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Lord Tammerlain said:

My post was in reference to this part of your post

Heck the US just had a Congressman get busted on insider trading. How many other use their position to enrich themselves at the expense of the nation?

The US needs to be better. Or it can go further down the banana republic route

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Bucky said:

Anthony60 created a posted in the mainstream section, however, I wanted to bring up how dangerous these proposals would be:



https://www.cnbc.com/2018/08/21/eli...-lawmakers-from-owning-individual-stocks.html

The Anti-Corruption and Public Integrity Act

The Accountable Capitalism Act

It is safe to say Elizabeth Warren hates capitalism and promotes Crony capitalism. Government-managed investment accounts are a terrible idea. I can only imagine how badly these accounts would perform.

Elizabeth Warren IMO is misguided. Corporations are already accountable to the states and governments. We don't need additional laws on the book or an Office of United States Corporations.

What people like her do not understand is that not all inequality is bad. These are such bad bills, I cannot even take it seriously.

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Bucky said:

So will this be extended to family members and friends of members of Congress as well?

I am curious where Elizabeth Warren's wealth came from. I would guess she has benefited from individual stocks.... just sayin'

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Lord Tammerlain said:

I would say immediate family members who live in the same household should be subject to the same condition. Not friends

But any signs of insider trading should be investigated and punished far more harshly than for the general public.

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Bucky said:

So will this be extended to family members and friends of members of Congress as well?

I am curious where Elizabeth Warren's wealth came from. I would guess she has benefited from individual stocks.... just sayin'

Click to expand...

Bucky said:

So, providing more power to the federal government reduces corruption?

These bills actually produce the opposite. They provide less accountability to CEO's and increases the ability to buy senators and congress members.

Click to expand...

Bucky said:

Anthony60 created a posted in the mainstream section, however, I wanted to bring up how dangerous these proposals would be:



https://www.cnbc.com/2018/08/21/eli...-lawmakers-from-owning-individual-stocks.html

The Anti-Corruption and Public Integrity Act

The Accountable Capitalism Act

It is safe to say Elizabeth Warren hates capitalism and promotes Crony capitalism. Government-managed investment accounts are a terrible idea. I can only imagine how badly these accounts would perform.

Elizabeth Warren IMO is misguided. Corporations are already accountable to the states and governments. We don't need additional laws on the book or an Office of United States Corporations.

What people like her do not understand is that not all inequality is bad. These are such bad bills, I cannot even take it seriously.

Click to expand...

Bucky said:

Anthony60 created a posted in the mainstream section, however, I wanted to bring up how dangerous these proposals would be:



https://www.cnbc.com/2018/08/21/eli...-lawmakers-from-owning-individual-stocks.html

The Anti-Corruption and Public Integrity Act

The Accountable Capitalism Act

It is safe to say Elizabeth Warren hates capitalism and promotes Crony capitalism. Government-managed investment accounts are a terrible idea. I can only imagine how badly these accounts would perform.

Elizabeth Warren IMO is misguided. Corporations are already accountable to the states and governments. We don't need additional laws on the book or an Office of United States Corporations.

What people like her do not understand is that not all inequality is bad. These are such bad bills, I cannot even take it seriously.

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calamity said:

lol..judging by your reply, it looks like you have no idea what the bill says.

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year2late said:

What is her net worth?

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