July 7, 2024
Property and Financial Crimes

Why are politicians so DAMN RICH?!



How Congress Cheats The Stock Market
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Evidence is mounting that US senators and members of Congress are using insider knowledge on major policy decisions and looming crises to game the stock market. And they think it’s totally okay.

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Johnny Harris is an Emmy-winning independent journalist and contributor to the New York Times. Based in Washington, DC, Harris reports on interesting trends and stories domestically and around the globe, publishing to his audience of over 3.5 million on Youtube. Harris produced and hosted the twice Emmy-nominated series Borders for Vox Media. His visual style blends motion graphics with cinematic videography to create content that explains complex issues in relatable ways.

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39 Comments

  • @johnnyharris July 2, 2024

    Check out the soundtrack for this video & be sure to subscribe to The Music Room for more soundtracks: https://youtu.be/5EazUhVpOSk

  • @1845hunt July 2, 2024

    This is wild!!

  • @Mark-ef7pi July 2, 2024

    Congress now has a workaround, With the allowance of hedge funds to own clearing firms, those hedge funds can now direct the clearing firms to modify margin ratios on retail Traders to manipulate the market in favor of the hedge funds that trade for members of Congress.

  • @patrickday4206 July 2, 2024

    I'm tired of the two tier system where politicians seem to be our rulers instead of our servants

  • @johndunn9819 July 2, 2024

    Clearly they are our intellectual superiors.
    Or we would vote 'em out.
    But, we keep voting to allow them to scam us…

  • @TeacherRoger July 2, 2024

    Swear to god I saw the orange jacket on the "store link" here dor 10 dolars ans thought – that's a good deal, even more cause I live in Brazil.

    Then I realized it is a sticker

  • In india see how politician work

  • @cptkirkp July 2, 2024

    Ukraine money laundering

  • @marlow769 July 2, 2024

    Something feels off, does it? 🙄

  • @peopledustcanada July 2, 2024

    All in all, it's a rigged game. People need to stop betting on this corrupt system to make and potentially get rich by doing nothing, making nothing, expecting others to do the work…if people just invest in a GIC and metals, it a slow safe method to invest your post heavily taxed income…let the evil corrupt greedy people play that game and steal from each other lol.

  • @mikeramirez1695 July 2, 2024

    Optics mean nothing to people who made a lot of money and don’t care what you think. I believe it’s called FU money. We can complain and shake our heads but nothing will change because the people in power won’t let it.

  • @caseyj8210 July 2, 2024

    “535 professional thieves”….thats how one of my college professors described these people. I was too young and hadn’t paid enough taxes yet to appreciate the wisdom of his words. He was a Vietnam-era, Marine Corps fighter pilot, BTW. Not a lefty boomer hippie. He described them as “unwashed brats”. 🤣

  • @RetreatHell July 2, 2024

    The FBI simply CANNOT go after these people, because: 1) if ONE of these scumbags actually faces prosecution, then the people (especially their political opposition) who demand the “other side’s politicians” also be prosecuted for the same thing, and it would never end

    2) If the FBI leaned HARD on them to get them to be a state’s witness, they’d be able to spill the beans on a LOT of others, and explaining detail exactly how it works and who told them what, how, etc…

    There’s other reasons too that I could think of if I put thought into it, and MANY OTHER reasons that all of you reading this could think of that wouldn’t even don on me.

  • @senorfrog5605 July 2, 2024

    How is it that politicians committing insider trading is a pretty known thing, and yet there are no consequences….

  • @robm5903 July 2, 2024

    Insider trading

  • @jennifermoore2041 July 2, 2024

    Tell us something original…NEW!… HOW ABOUT SOLUTIONS FOR US LITTLE GUYS GETTING CRUSHED UNDER THEIR RIGHTEOUSNESS 😢😢😢

  • @jennifermoore2041 July 2, 2024

    CEO wages, government INSIDE trading, shareholder payouts!!!ARE A BIIIIG PART OF THE PROBLEM!

  • @jeffbanken689 July 2, 2024

    We as taxpayers are getting fudge packed by our politicians, all of them, they only care about voters when they’re up for re-election.

  • @jigyjigy2749 July 2, 2024

    mAKE MONEY BY cheating — main reason they go to POLITICS not to help the COUNTRY.

  • @v-22 July 2, 2024

    Come on, people… I don't care if you'll vote for Trump or Biden but, at least, give a vote to this video.

  • @Kevin-wj4ed July 2, 2024

    Insider trading!!!!!!!!!!

  • @user-eb4ze2ex7o July 2, 2024

    I still wonder that J.POW 2020.he sold massive ETF right before he declared tapering by FED.and what is amazing was it's not illegal.congressman of USA is amazing.

  • @joanoconnor2662 July 2, 2024

    ITS RIDICULOUS, that they alone passed this !!!!

  • @MultiBilly420 July 2, 2024

    Sounds like a room full of criminals and Scam artists

  • @jpkral July 2, 2024

    Want a cushy life? Become a politician. The only skill you need is public speaking. Nothing more.

  • @Z.Islander July 2, 2024

    Honestly I wasn't expecting much better from these politicians

  • @randalldare4027 July 2, 2024

    Get bill boards and paste their pictures on them in states their from

  • @crusader_2028 July 2, 2024

    Hilarious..the 2008 finacial crisis was predicted widely in both Republican and Libertarian circles when financial rules encouraging subprime loans were passed under the clinton administration. I agree politicians should be trading on decisions they make… This was not that! This was a Republican betting those Democratic Policies were about to land!

  • @iamthasecond July 2, 2024

    I might be completely in a league of my own here… but what is wrong with politicians doing this? They're every bit as much of a citizen as we are, and by extension of their job responsibilities, have access to more information. Their tradings are public, so surely someone in the public domain benefits from seeing whos trading what when, and their job is to improve the country, which should result in better economic performance, meaning better returns. I'm sorry, i dont get the big issue people have with this. If you have such an issue with it, vote in reps and government officials who don't trade stock, or run for office yourself.

  • @hEXordo July 2, 2024

    Everyone needs to watch this and be aware of whats going on

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