If we are requiring spouses of elected officials to divest their investment business, we should also require Presidents to divest from their businesses as well, not just wink-wink transfer to his children.
In additon there are thousands of elected officials across the country. If we need everyone to abandon/destroy their non-official form of income, nobody will join politics. It is easy to judge from that sidelines.
> we should also require Presidents to divest from their businesses as well, not just wink-wink transfer to his children.
Absolutely, 100% agree. We should also not let children of Presidents get entangled in billion dollar investment deals with foreign powers that are hostile to US interests[1]
There are blind trusts and other vehicles that can be used. Maybe if the ability to exploit inside knowledge for personal financial gain were limited, the people who choose to get involved in politics would be doing so because they care about making the country a better place, and not to enrich themselves.
> If we are requiring spouses of elected officials to divest their investment business, we should also require Presidents to divest from their businesses as well, not just wink-wink transfer to his children.
Of course, or some other mechanism.
> In additon there are thousands of elected officials across the country. If we need everyone to abandon/destroy their non-official form of income, nobody will join politics. It is easy to judge from that sidelines.
So you are saying that politics is inherently corrupt and that if you take away the appeal of corruption then no one will participate?
> So you are saying that politics is inherently corrupt and that is you take away the appeal of corruption then no one will participate?
I've heard rumors that quite a bit before I was born, politics was as boring and stuffy as being an actuary. One can only dream that politics gets boring like that soon.
Let’s play apples to apples at least right? If the president you’re referring to was to do the same exact trades as Pelosi all hell would have broken loose and would have been impeached in the house for a 3rd time.
I don't think complete divestment is really required.
Professionals deal responsibly with conflicts of interest all the time. If you mishandle them, that's somewhere between bad judgement and a punishable offense.
