this post was submitted on 01 Apr 2024
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[–] PP_BOY_@lemmy.world 46 points 7 months ago (3 children)

D, R, D, D, in case you were wondering.

[–] humbletightband@lemmy.dbzer0.com 83 points 7 months ago* (last edited 7 months ago) (1 children)

Parasite, parasite, parasite, parasite, just to add some explanation.

Edit: An FBI agent contacted me and said that selecting 4 individuals out of 400 in one year is not a statistical anomaly. He also wanted me to tell you that Snowden might be affiliated with Russian government and spread the propaganda

[–] JasonDJ@lemmy.zip -5 points 7 months ago (1 children)

He also wanted me to tell you that Snowden might be affiliated with Russian government and spread the propaganda

No...you mean the guy who stole state secrets and fled to Russia where he was welcomed with open arms might actually be a tool of the Russian propaganda machine to further divide Americans and destabilize our society?

That can't be. That's impossible.

[–] A_Very_Big_Fan@lemmy.world 12 points 7 months ago (1 children)

Couldn't be that America had a vested interest in surveillance after 9/11 and overstepped its bounds several times over since then. That's impossible.

[–] JasonDJ@lemmy.zip -3 points 7 months ago* (last edited 7 months ago) (2 children)

Why can't both suck?

Like, yeah, Americas domestic surveillance practices were wildly out of line.

That doesn't make Snowden a saint. What he did benefits Putin far more than it benefits any American and both of them are well aware of that.

[–] aidan@lemmy.world 6 points 7 months ago

Calling out civil rights abuses "benefited the soviets" doesn't mean that it didn't need to be done.

[–] A_Very_Big_Fan@lemmy.world 3 points 7 months ago (1 children)

What he did benefits Putin far more than it benefits any American

how tho

[–] JasonDJ@lemmy.zip -5 points 7 months ago (2 children)

Because his whole thing is destabilizing the West. What better way to do that than to destroy whatever trust was left in the establishment?

[–] A_Very_Big_Fan@lemmy.world 7 points 7 months ago (1 children)

Lmao sure, it's not America's fault for violating our trust, it's his fault for telling us

[–] JasonDJ@lemmy.zip -4 points 7 months ago* (last edited 7 months ago) (1 children)

What has changed because of him? Anything that benefits America or Americans?

No. Not a damn thing has changed for us. Meanwhile Putin has a nice little puppet to tweet out divisive and intentionally misleading shit like this and people like you mop it right up. Because he stuck it to the man. The same man that Putin loves sticking it to. "The enemy of my enemy".

[–] A_Very_Big_Fan@lemmy.world 3 points 7 months ago (1 children)

You don't see how the changes in legislation Snowden caused point America in the direction of being a more ethical country? Oh wait, you're right, that's not a beneficial change for America if the American powers-that-be don't care if their actions are criminal or unconstitutional.

But seriously, you don't think the world-wide revelation that the US was committing mass privacy violations, or the revelation that our government lies/covers up unconstitutional/criminal behavior was a major change? It speaks volumes about you if you don't think exposing tyrannical behavior is a benefit to Americans.

[–] JasonDJ@lemmy.zip -2 points 7 months ago

Legislation doesn't mean anything to extrajudicial surveillance. They gonna do what they gonna do. The world knows and knew all about it all along. US surveillance and intelligence had been an open secret since the Patriot Act.

All that resulted from it was Putin got a nice puppet.

[–] aidan@lemmy.world 6 points 7 months ago

The destruction of trust is from the establishment that violated it

[–] Kecessa@sh.itjust.works 46 points 7 months ago* (last edited 7 months ago) (3 children)

For a broader view

SPY is S&P500 for those who don't know

2023

2022

[–] NaibofTabr@infosec.pub 24 points 7 months ago* (last edited 7 months ago) (1 children)

Hmm, the real question is whether this is consistent year over year... beating the S&P500 one year doesn't really indicate anything.

Also there are 535 people in the US congress but only like 30 on these two lists... and not the same 30 both years. How many lost money in those same years?

[–] Kecessa@sh.itjust.works 9 points 7 months ago* (last edited 7 months ago) (1 children)

The list is much longer if you search for it, that's ~~hysterical~~ only the ones above and close to the same return as SPY

[–] NaibofTabr@infosec.pub 13 points 7 months ago (1 children)

Assuming you meant "historical", then these two years of data imply that ~5% of congress members beat the S&P500 per year, and not the same people every year... which seems statistically insignificant.

[–] Kecessa@sh.itjust.works 14 points 7 months ago* (last edited 7 months ago) (2 children)

I don't know what happened with my auto correct on that word as I think I meant to say "only" 🤔

Here's a longer list

And the original source is this website

https://unusualwhales.com/

2021: https://unusualwhales.com/politics/article/full

2022: https://unusualwhales.com/politics/article/congress-trading-report-2022

2023: https://unusualwhales.com/politics/article/congress-trading-report-2023

[–] GenEcon@lemm.ee 9 points 7 months ago

Thanks! This completly debunks the insider trade myth. You would expect a Gaussian distribution around the mean, which would be a market neutral index. And you get even a slightly to the left shifted Gaussian bell curve.

[–] NaibofTabr@infosec.pub 4 points 7 months ago (1 children)

Ah, well there you go then... 25ish people out of 535?

Again, it'd be worrying if the same people were consistently ahead of the market... but that would also be super obvious.

[–] Kecessa@sh.itjust.works 7 points 7 months ago

Yep, people make a big thing out of it and maybe the proportion of them that beat SPY is higher than the proportion of random investors that do it, but there's no good way to say 🤷

[–] scarilog@lemmy.world 6 points 7 months ago

Damn, Nancy, poor form in 2022.

[–] ThrowawayPermanente@sh.itjust.works 4 points 7 months ago (1 children)

Brian Higgins thinks prison ain't shit

[–] PM_Your_Nudes_Please@lemmy.world 6 points 7 months ago

Brian Higgins is the prison’s largest investor

[–] fhek@lemmy.dbzer0.com 23 points 7 months ago (1 children)

Could be all R, could be all D. One thing for certain, they’re all scumbags, S.