This article is here to remind you all that you are falling into that same trap that the bluepilled masses fall into. Congress literally does not give a fuck what you think.
L-I-T-T-E-R-A-L-L-Y.
A 2014 Princeton study titled “Testing Theories of American Politics: Elites, Interest Groups, and Average Citizens, found the opinions of 90% of Americans have essentially no impact at all on creating laws.
“The preferences of the average American appear to have only a miniscule, near-zero, statistically non-significant impact upon public policy.”
Something's gotta come to a head. So, this weekend I want to showcase how “democratic” politics ruins everything.
First, with the stock market; tomorrow with the Israel-Palestine conflict and Sunday some unknown sector I haven’t thought of yet.
Insider Trading
Ever wonder how a career politician who makes a $200,000 salary is worth almost half a billion dollars? Insider trading.
The only people who can profit from the system are the people running the system. And although overwhelming bipartisan support favors banning stock trading for members of Congress (86%, Republicans 87%, Democrats 88%, independents 81%), it has existed since the market has.
On January 24th 2020, the Senate received an all-senators private briefing from the CDC. Republican Senator Kelly Loeffler started selling later that day and continued selling until February 14th, the day she also bought shares in Citrix. She was 100% taking advantage of insider knowledge.
Her husband is chairman of the NYSE. Blatant, in your face corruption and NO ONE does a damn thing about this shit. Laws for you and me but not for thee.
Nancy Pelosi is probably the greatest offender.
She blocked bills that would’ve hurt Visa’s stock price after her husband loaded up on them before the IPO And in March 2021 her husband exercised $2 million in Microsoft options before the company landed a huge contract with the US army to provide high-tech headsets.
To make matters worse, an investigation by Insider found that at least 49 members of Congress and 182 staff members were late in filing their stock trade reports in the post-Covid.
All these people want is power, and we give it to them so easily.
“Carried interest” loophole and other Wall St. tricks
Carried interest is an example of the "swamp" that the politicians talk about cleaning up but when they get in office nothing happens."
The carried interest loophole allows investors on Wall St. such as hedge fund managers to misclassify their salaries as investment income, and pay the much lower capital gains tax rate instead of paying income tax like the rest of us.
Carried interest is taxed at long-term capital gains (15%) instead of the income tax rate (~40% range for most). Do you ever ask yourself why no one ever explained this to you in public school? It’s not your teacher’s fault. They were set up for failure just like you.
We’ll know our disinformation program is complete when everything the American public believes is false.” — CIA Director William Casey, 1981
Some other fun tricks and loopholes include:
Accredited investing: You earn this status with $200k income, or $300k joint, or $1M net worth and it opens amazing investing opportunities for you. For instance, PayPal creator Peter Thiel was able to put billions into his tax-free ROTH IRA account. You're supposed to only be able to put like 5k a year in a ROTH IRA and Thiel maxed his account out like a true mad lad.
Tax the Rich: The problem is when you do this, companies move overseas as they’re doing now. The more you tax them the more jobs get created overseas. When they say tax the rich.....they're talking about you and me.
Why Should You Care?
I’m sure there’s a speech when you enter Congress that goes like, “Anyone who gives a fuck about following the law is a drooling sub-80 IQ cuck.”
Everything you know about reality and laws doesn't apply to the rulers, and they'll do everything in their power to stay there.
And although I like to give her a lot of shit, Alexandria Ocasio-Cortez and Elizabeth Warren are some of the few politicians standing against economic corruption in the government.
Warren recently said: “Every senator, member of Congress, president, Cabinet secretary, federal judge, and other senior officials in charge of writing the rules for our financial system should not be able to own or trade individual stocks.”
In an ideal system, the public wouldn't have to give a shit about the government as it would be an indicator that the country is being run efficiently. The public should only care about politics when public intervention is required to fix a flawed system. A good example of this is Brexit.
Let the people vote on something and they immediately reject Globalism.
Something's gotta give. Either the Elite continue to act like democracy is illusory and we sheepishly accept it or we reform the system. The sham can't last forever.
Its difficult to disagree with this analysis. A bold assessment of a boat that really needs rocking.
Another great, (and brave) article Isaiah! If you've never watched Mel Brooks "History of the World Part 1", then here's my favorite quote from a scene of the Roman Senate:"Fuck the Poor!" https://www.youtube.com/watch?v=MqkT4B-9MGk