▲ 542 ▼ Nancy Pelosi: Democrat and ex-Speaker, 83, to seek re-election (www.bbc.com) submitted 3 years ago by JustAManOnAToilet@lemmy.world to c/news@lemmy.world 296 comments fedilink hide all child comments
[–] squirrelwithnut@lemmy.world 34 points 3 years ago* (4 children) There really needs to be age limits on government positions. permalink fedilink source hideshow 8 child comments replies: [–] FuglyDuck@lemmy.world 19 points 3 years ago (1 child) Term limits, too. permalink fedilink source parent hideshow 2 child comments replies: [–] Buddahriffic@lemmy.world 13 points 3 years ago (1 child) Trading limits, too. permalink fedilink source parent hideshow 2 child comments replies: [–] FuglyDuck@lemmy.world 5 points 3 years ago* (1 child) Well, I’d say some sort of blind trust. That way, the only way they can influence their investments is making good decisions for the overall economy. Toss in some restrictions to require they avoid boomer-chip stocks. (Ie, s&p500 type investments would be okay, but not msft or any specific company. ETFs in general are too…easy to get around though. permalink fedilink source parent hideshow 2 child comments replies: [–] Buddahriffic@lemmy.world 1 point 3 years ago (1 child) Yeah, I agree but the problem with that is they can still time macro events that affect index funds and ETFs when they know about something big before the public, like covid. It should be managed and timed by someone independent and the trust just pays a salary or allowance on a schedule. permalink fedilink source parent hideshow 2 child comments replies: [–] FuglyDuck@lemmy.world 5 points 3 years ago* That’s the point of the BLIND trust. They’re not making the trades. They don’t even see where things are. they can’t time trade’s because they don’t make investment decisions. At all. They can still invest by dumping cash into an account and somebody managing it for them. Like the 401k managers the poors get :) permalink fedilink source parent [–] Homestarcraft@lemmy.world 7 points 3 years ago We do have age limits, but only minimum age. Any time there's a min age, there needs to be a corresponding max age. permalink fedilink source parent [–] KillAllPoorPeople@lemmy.world 5 points 3 years ago (1 child) But then again Bernie Sanders has done a lot to help "wake up" the minds of many millennials and zoomers. permalink fedilink source parent hideshow 2 child comments replies: [–] PersnickityPenguin@lemm.ee 5 points 3 years ago He's also too old imo permalink fedilink source parent [–] WolfhoundRO@lemmy.world 2 points 3 years ago And some psychiatric tests, to see if she still has all the necessary faculties for decisions. The cognitive decay is as sure as death and taxes permalink fedilink source parent
[–] FuglyDuck@lemmy.world 19 points 3 years ago (1 child) Term limits, too. permalink fedilink source parent hideshow 2 child comments replies: [–] Buddahriffic@lemmy.world 13 points 3 years ago (1 child) Trading limits, too. permalink fedilink source parent hideshow 2 child comments replies: [–] FuglyDuck@lemmy.world 5 points 3 years ago* (1 child) Well, I’d say some sort of blind trust. That way, the only way they can influence their investments is making good decisions for the overall economy. Toss in some restrictions to require they avoid boomer-chip stocks. (Ie, s&p500 type investments would be okay, but not msft or any specific company. ETFs in general are too…easy to get around though. permalink fedilink source parent hideshow 2 child comments replies: [–] Buddahriffic@lemmy.world 1 point 3 years ago (1 child) Yeah, I agree but the problem with that is they can still time macro events that affect index funds and ETFs when they know about something big before the public, like covid. It should be managed and timed by someone independent and the trust just pays a salary or allowance on a schedule. permalink fedilink source parent hideshow 2 child comments replies: [–] FuglyDuck@lemmy.world 5 points 3 years ago* That’s the point of the BLIND trust. They’re not making the trades. They don’t even see where things are. they can’t time trade’s because they don’t make investment decisions. At all. They can still invest by dumping cash into an account and somebody managing it for them. Like the 401k managers the poors get :) permalink fedilink source parent
[–] Buddahriffic@lemmy.world 13 points 3 years ago (1 child) Trading limits, too. permalink fedilink source parent hideshow 2 child comments replies: [–] FuglyDuck@lemmy.world 5 points 3 years ago* (1 child) Well, I’d say some sort of blind trust. That way, the only way they can influence their investments is making good decisions for the overall economy. Toss in some restrictions to require they avoid boomer-chip stocks. (Ie, s&p500 type investments would be okay, but not msft or any specific company. ETFs in general are too…easy to get around though. permalink fedilink source parent hideshow 2 child comments replies: [–] Buddahriffic@lemmy.world 1 point 3 years ago (1 child) Yeah, I agree but the problem with that is they can still time macro events that affect index funds and ETFs when they know about something big before the public, like covid. It should be managed and timed by someone independent and the trust just pays a salary or allowance on a schedule. permalink fedilink source parent hideshow 2 child comments replies: [–] FuglyDuck@lemmy.world 5 points 3 years ago* That’s the point of the BLIND trust. They’re not making the trades. They don’t even see where things are. they can’t time trade’s because they don’t make investment decisions. At all. They can still invest by dumping cash into an account and somebody managing it for them. Like the 401k managers the poors get :) permalink fedilink source parent
[–] FuglyDuck@lemmy.world 5 points 3 years ago* (1 child) Well, I’d say some sort of blind trust. That way, the only way they can influence their investments is making good decisions for the overall economy. Toss in some restrictions to require they avoid boomer-chip stocks. (Ie, s&p500 type investments would be okay, but not msft or any specific company. ETFs in general are too…easy to get around though. permalink fedilink source parent hideshow 2 child comments replies: [–] Buddahriffic@lemmy.world 1 point 3 years ago (1 child) Yeah, I agree but the problem with that is they can still time macro events that affect index funds and ETFs when they know about something big before the public, like covid. It should be managed and timed by someone independent and the trust just pays a salary or allowance on a schedule. permalink fedilink source parent hideshow 2 child comments replies: [–] FuglyDuck@lemmy.world 5 points 3 years ago* That’s the point of the BLIND trust. They’re not making the trades. They don’t even see where things are. they can’t time trade’s because they don’t make investment decisions. At all. They can still invest by dumping cash into an account and somebody managing it for them. Like the 401k managers the poors get :) permalink fedilink source parent
[–] Buddahriffic@lemmy.world 1 point 3 years ago (1 child) Yeah, I agree but the problem with that is they can still time macro events that affect index funds and ETFs when they know about something big before the public, like covid. It should be managed and timed by someone independent and the trust just pays a salary or allowance on a schedule. permalink fedilink source parent hideshow 2 child comments replies: [–] FuglyDuck@lemmy.world 5 points 3 years ago* That’s the point of the BLIND trust. They’re not making the trades. They don’t even see where things are. they can’t time trade’s because they don’t make investment decisions. At all. They can still invest by dumping cash into an account and somebody managing it for them. Like the 401k managers the poors get :) permalink fedilink source parent
[–] FuglyDuck@lemmy.world 5 points 3 years ago* That’s the point of the BLIND trust. They’re not making the trades. They don’t even see where things are. they can’t time trade’s because they don’t make investment decisions. At all. They can still invest by dumping cash into an account and somebody managing it for them. Like the 401k managers the poors get :) permalink fedilink source parent
[–] Homestarcraft@lemmy.world 7 points 3 years ago We do have age limits, but only minimum age. Any time there's a min age, there needs to be a corresponding max age. permalink fedilink source parent
[–] KillAllPoorPeople@lemmy.world 5 points 3 years ago (1 child) But then again Bernie Sanders has done a lot to help "wake up" the minds of many millennials and zoomers. permalink fedilink source parent hideshow 2 child comments replies: [–] PersnickityPenguin@lemm.ee 5 points 3 years ago He's also too old imo permalink fedilink source parent
[–] PersnickityPenguin@lemm.ee 5 points 3 years ago He's also too old imo permalink fedilink source parent
[–] WolfhoundRO@lemmy.world 2 points 3 years ago And some psychiatric tests, to see if she still has all the necessary faculties for decisions. The cognitive decay is as sure as death and taxes permalink fedilink source parent