Readit News"A considerable amount of financial support for the Center comes from labor unions: According to federal reports, over the last 15 years it has received nearly $1.2 million in labor funding."
"The IRLE’s highest-profile researcher is Michael Reich, who co-chairs its Center on Wage and Employment Dynamics. Reich made a name for himself at a young age co-founding the Union for Radical Political Economics, with the stated goal of supporting “public ownership of production and a government-planned economy.”"
https://us.fundsforngos.org/news/nonprofit-accuses-uc-berkel...https://epionline.org/release/biased-uc-berkeley-research-te...https://epionline.org/release/biased-uc-berkeley-research-te...
The Berkeley study has been cited quite heavily by policy makers.
https://irle.berkeley.edu/publications/brief/effects-of-the-...
"A considerable amount of financial support for the Center comes from labor unions: According to federal reports, over the last 15 years it has received nearly $1.2 million in labor funding."
"The IRLE’s highest-profile researcher is Michael Reich, who co-chairs its Center on Wage and Employment Dynamics. Reich made a name for himself at a young age co-founding the Union for Radical Political Economics, with the stated goal of supporting “public ownership of production and a government-planned economy.”"
https://us.fundsforngos.org/news/nonprofit-accuses-uc-berkel...https://epionline.org/release/biased-uc-berkeley-research-te...https://epionline.org/release/biased-uc-berkeley-research-te...
Dead Comment
The feds can and do go after people for using family members and friends to execute trades. So if Nancy Pelosi told her husband some material non-public info, and Paul Pelosi traded on it, that would still be insider trading.
There was a guy at Microsoft who was caught once using a friend to place trades. He said he talked himself past his ethical concerns by reasoning that members of Congress do it.
https://www.businessinsider.com/sec-alleges-insider-trading-...
Edit: to be clear, the absence of a prosecution does not mean that the Pelosis did not insider trade. Nor that they did. We can't tell from this distance, only speculate.
https://finance.yahoo.com/news/deceptive-tactic-nancy-pelosi...
And both sides of the aisle benefit from this. Whether it's legalized insider trading or jumping to corporate jobs when out of office, it's a corrupting influence. All members of Congress, SCOTUS and POTUS should have to place their assets into blind trusts. That won't stop this corrosive influence, but it is the bare minimum.
Oh yes, you can:
"Paul Pelosi, 83, sold 30,000 shares of Google (GOOGL) stock in December 2022, just one month before the tech giant was sued over alleged antitrust violations." https://finance.yahoo.com/news/deceptive-tactic-nancy-pelosi...
Deleted Comment