Pax Romana Capital

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Insider Trading From Our Politicans

Here is where my naïveté shows through. I find Matt Gaetz to generally be one of the more reprehensible politicians we have, but I may be looking through a negative lens. Generally, I would say that media is slightly left-leaning, especially my news sources: NPR, CNN, etc. However, I do have a subscription to the straight-down-the-middle Wall Street Journal (WSJ.) I base (try) most of my opinions on politicians, and policy through the WSJ. I have never heard anything positive about Matt Gaetz from the WSJ. Now, his recent proposal along with AOC was a shocking combination of bipartisanism and a cut down on corruption. First of all, I think he respects her deep down, somewhere. In his weird, tacky way he has even stated this feeling. “I can confirm that AOC gets along w many of her Republican colleagues on a range of things that don't have anything to do w legislation or politics. She is not a bitch.” First of all, classy as always. Second, I think it is so unbelievably awesome that this proposal came from these two. Both of them lay on opposite sides of the political spectrum, yet they have come together to end one of the most heinous and corrupt practices in American history. I don’t care that it is just for political gains, I don’t care that it is likely this particular proposal will never advance, I just care that we have broken ground on this subject. In my opinion, if you hold any federal office that you must be elected by popular vote too, you should make the average salary of the area you are representing. Joe Manchin would make $26,187 dollars per year (net worth: $7.5 million) Nancy Pelosi would make $100,114 per year (net worth: $114,662,521.) Any cash in possession prior to being elected would be auto-invested into treasury bonds, as would any remaining funds they chose to not use. If you say “b-bu-bu-but Henry, then only rich people would run for office,” yes that is what would happen, because that is what is happening right now. When was the last time you saw a poor person run for and win an election? Eventually, hopefully, the median average income for the West Virginian would increase, and maybe a few lower-income individuals would be able to run for and compete in an election. That change will likely never come to pass, and I fear that AOC+Gaetz’s bill will also meet that same fate. What do we do in the meantime? I’m sure the answer has already occurred to you, or you’ve heard of this strategy. Just follow what they do with their money. Brian Mast in the House, from Florida has picked 69 (shut up) trades over his six-year period in office, he has been accurate on 80% of them. Wow. For another example, Nancy Pelosi infamously has some problems not making insane profits. Just take some money, some change you have in the couch, and buy whatever she buys. Just a couple of weeks ago, her most recently traded acquisition was a buy of between $500,000-$1,000,000 dollars of AAPL stock. Now I have owned AAPL for a while, I think they’re going to rule the world one day, but she timed her buy pretty well. If you bought when she did, you would be up 12% after just about a month and a half. If you bought Google when she did, you would be up 30% in about four months. I really could go on and on with examples. Now, the system only works really well with purchases. Someone only purchases shares for one reason, but they might sell for many. If you have some money lying around or if you need some more confirmation bias before you purchase a stock, check out this website, and see what corrupt politician is enriching themselves with taxpayer dollars and information that they are supposed to use to protect the country. Just mess around with it, and see what you can find. Thanks.

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