In a congressional hearing discussing banning members of Congress from trading and owning stocks, Rep Loudermilk argues against new rules by saying we have laws against murder, but people still get murdered
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Did not expect the hearing on whether members of Congress should be able to own stocks to turn into a debate on whether we should have…any laws?
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The only way to stop a bad guy with a stock is a good guy with a stock
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Replying to @RobertMaguire_
So they are just regurgitating their talking point about guns. if we ban guns, bad people will still get them.
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Same guy who made this ridiculous argument last week defending bank overdraft fees…
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Feels like a hearing out of the 1950s.
Congressman from Georgia: Why are there more overdraft fees in minority communities?
Answer: Because they’re low-income communities + it’s hard to keep up with inflation
Congressman: Well, I made $50,000 years ago and I never overdrafted
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Yea ..."Laws? meh.... Who needs em? People just break the laws... totally worthless..."
kinda rich... coming from a ... "lawmaker"
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If laws are worthless then why do we need......lawmakers? It seems like he's inadvertently arguing against the need for himself to be employed. I reassert my opinion that there should be an IQ test for Congress. I know all the reasons why they're shouldn't and I still want one.
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Yeah, they still murder, but then we can put them in jail for it, because we have laws against it!
I like the idea of putting lawmakers in jail for insider trading, how about you?
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We have rules about insider trading. Maybe Loudemilk should be investigated.
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Aaaaaand those people get punished? Always nice to see a lawmaker thumb his nose at the purpose of having laws to deter activity
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