Comment by shadowfax13@lemmy.ml on Do Something

thats pelosi, warren is a saint compared to that crony

The political discourse here is horrible. There’s 30 people agreeing with that person’s incorrect statement.

Yeah, I’ve heard this claim about pelosi repeated but I’ve yet to see any evidence of her husband’s miraculous stock trades.

Yeah sure, it’s just a coincidence that her own personal stock index consistently outperforms the market of people doing it for a living full time and advanced computers calibrated to maximize gains 🙄

It’s worth noting that the lawmakers tracked by the fund also hold shares in many of the same stocks that are popular with hedge funds. This has led to the fund’s impressive performance, despite the ongoing scrutiny of lawmakers’ stock trades.

If you can’t even take the time to read your own article and make sure it actually supports your point, why should I take your position on anything as being informed?

That’s the subjective spin of Business Insider. That’s them trying to justify it because they’re very much in favor of it.

I don’t have to agree with the subjective parts to share it for the factual parts.

If you can’t tell spin from relevant information, why should I take your position on anything as being informed?

I’m not allowed to use the source you brought because it’s not credible enough.
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Um, anyways:

The Unusual Whales Democratic ETF (BATS:NANC), in a nod to former House Speaker Nancy Pelosi, has seen a 30% surge since its inception on Feb. 7, 2023. This growth surpasses the 24% gain of the S&P 500 during the same period, reported Business Insider.

It’s not even Pelosi’s “own personal stock index”, it’s an independent index based off publicly disclosed trades made by members of congress, and it’s done well for one year (yeah, that absolutely could be a coincidence). It’s not even hard to find evidence to support your position, and I’m not even particularly disagreeing with you! Congress is openly corrupt! You just really, clearly, did not read your source. It directly refutes all the claims you’re making here.

This community is just perpetually disappointing. How the fuck are you someone interested in progressive politics and not know the difference between Nancy Pelosi and Elizabeth Warren? Especially on corruption and stocks. She’s one of the main voices leading the effort to ban stock trading by electeds and their families. And this is the most upvoted comment in the entire post!

Apologies, I made a mistake. I’ve edited my comment to reflect it. (thanks for informing me.)

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