Gregory's ServerMembers of Congress who voted for the TikTok divest-or-die bill last week "may own between $29 million and $126 million worth of stock in competing tech companies" https://gizmodo.com/politicians-who-voted-to-ban-tiktok-may-own-as-much-as-1851356203
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26 comments
 @taylorlorenz our #politicians #congress critters etc should wear patches of the companies they own the most stock in like race car drivers so we know who they are driving for @taylorlorenz Look who opposes this bill. Trump, Musk, Marjorie Taylor Greene. And AOC, (who suffers from millennial self-interest) All the wrong people are aligned to protect TikTok  @allanb Psst. It’s Zoomers and below who use TikTok mostly. We Millennials aren’t the kids who you want to get off your lawn anymore, we’re too old, the youngest of us are in our mid-30s. @allanb @taylorlorenz I bet AOC advocates for a real solution that protects users against abuse from all social media companies.   @taylorlorenz Using decentralized services and boycott their own would be a good response so.  @taylorlorenz it’s interesting to see this come afloat. Following point made by @reckless1280 maybe it’ll get them to release the evidence that made them almost unanimously vote for the ban.   @taylorlorenz Politicians should not be allowed to own individual stocks. They should be “invested” in the economy as a whole, and not specific companies. @michaelgemar But how could they insider trade then? What do you want? Do you want them to live like peasants?  @taylorlorenz I'm not on the "TikTok = China" bandwagon (it was full). But I'm definitely on the "TikTok promotes stupidity" bandwagon...I've never seen one site so directly contribute to the dumbing down of America...and that's including Twitter... @taylorlorenz that should be worth an investigation, a veto and divestment of all their stocks before they can try this crap again. @taylorlorenz @taylorlorenz exhibit A why members of Congress should never be allowed to own stock.  @taylorlorenz Professional athletes are prohibited from betting on their own sport, but somehow lawmakers are allowed to own stock in companies and options that they directly influence...makes sense |
@taylorlorenz
Gotta wonder if the SEC will investigate this as "insider trading"... the DOJ?
kinda suspect not...