this post was submitted on 20 May 2024
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politics

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[–] Poayjay@lemmy.world 66 points 6 months ago (2 children)

In what world would it ever be ok for a Supreme Court justice to buy and sell individual stocks?

[–] HubertManne@kbin.social 29 points 6 months ago

Totally agree. This is not exactly a good example in impropriety but I don't see why holding office should not restrict holders investments to broad total market index funds and bond funds.

[–] Revonult@lemmy.world 10 points 6 months ago* (last edited 6 months ago) (2 children)

The justification people use is that allowing them to profit through "normal/legal" channels prevents them from taking bribes or seeking other forms of income.

Absolutely disgusting and boils down to the same thing. Very effective at preventing corruption too (/s). A normal person would be jailed.

Edit: Some words.

[–] Vorticity@lemmy.world 2 points 6 months ago (1 children)

allowing them to profit through “normal/legal” channels prevents them from taking bribes or seeking other forms of income.

This doesn't seem to have worked. Thomas and Alito are the glaring examples, but I wouldn't be at all surprised to learn that they all take bribes of one form or another, whether intentionally or unintentionally because their actions bear no personal consequences other than enrichment.

[–] Revonult@lemmy.world 2 points 6 months ago

Correct, it doesn't work. Which is why the justification is stupid and there should be stricture regulations to prevent conflict of interest.

[–] billiam0202@lemmy.world 1 points 6 months ago

Unless you're Thomas and can do both.