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~~~~~~It would be interesting if it ever made it to the floor in either house of congress for debate....For once I might watch CSPAN.
I always figured two terms (12 years) in the Senate and four terms (8 years) in the House would be optimal.~~~~~~
Indeed, both sides of Congress and the Senate will fit tis tooth and nail and that includes term limits.
This is something that every citizen should fight for. Elected representatives of government should not be allowed to profit from their positions nor should they be allowed to remain longer than two terms.
I think that one 6-year term for a senator is enough. Letting them stay as long as 12 years adds more pressure on them to benefit financially while in office.I always figured two terms (12 years) in the Senate and four terms (8 years) in the House would be optimal.
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Indeed, both sides of Congress and the Senate will fight this tooth and nail and that includes term limits.
This is something that every citizen should fight for. Elected representatives of government should not be allowed to profit from their positions nor should they be allowed to remain longer than two terms.
I don't care if they own stocks, but they should be in a blind trust, where others direct any trading, and politicians can't benefit from any special knowledge they might have.
This.I don't care if they own stocks, but they should be in a blind trust, where others direct any trading, and politicians can't benefit from any special knowledge they might have.
LMAO the big political corruption money is in 'book deals', 'speaking fees', 'art work' and other pay to play kickback schemes.
What ever it takes to prevent unfair advantage over other investors is needed.Even if it's in a blind trust, you will still know what stocks you own.
It's been pointed out that even a blind trust wouldn't prevent them from knowing what stocks they owned, at least at the beginning. That wouldn't prevent them from voting on legislation that would benefit the stocks they already owned.This.
Well, another solution is for the politician to sell their investments (real estate, stocks, private holdings), and put all their money into an index fund and/or bonds.It's been pointed out that even a blind trust wouldn't prevent them from knowing what stocks they owned, at least at the beginning. That wouldn't prevent them from voting on legislation that would benefit the stocks they already owned.
I wouldn't hold my breath for that to happen.Well, another solution is for the politician to sell their investments (real estate, stocks, private holdings), and put all their money into an index fund and/or bonds.
Did you clear that response with Nancy and Joey?I don't care if they own stocks, but they should be in a blind trust, where others direct any trading, and politicians can't benefit from any special knowledge they might have.
