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GoggleField t1_isu75gu wrote

Reply to comment by Squidworth89 in Stop The Corruption by sillychillly

There are ways to invest in equities without taking advantage of insider knowledge. It's not one or the other. You could certainly make the point that Golden is over generalizing, but the intention is a good one.

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Squidworth89 t1_isu8r3a wrote

Yeah you can use index funds or mutual funds...

But imo those are trash. I do feel there will eventually be an index fund bubble (they buy indiscriminately, and eventually that'll artificially inflate certain things that will eventually have to pop). And mutual fund managers are really not that good at managing funds.

For starters they could simply enforce the reporting requirements... which they really don't.

Intention is debatable. It does nothing for the people. To me it's simply pandering for votes. There's far more important matters out there.

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TarantinoFan23 t1_isuj6n2 wrote

You're insinuating that this is literally the only legislation Golden is working on?

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Squidworth89 t1_isukmme wrote

I'm insinuating the only real purpose behind this legislation is for him to score political points at home as he panders for votes in the upcoming election.

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TarantinoFan23 t1_isum99f wrote

What is the difference between legislation that has broad support and legislation that is just to score political points?

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Squidworth89 t1_isumz7n wrote

Something that actually matters...

This one means nothing for you and I.

Address basic rights for women, or lagging wages, or the terribly broken medical system and maybe he'd deserve those votes.

But pandering on misunderstood and inflated word salad... he might as well be a MTG who does equally as much nothing in office.

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