The “first time” was fake though… perhaps thats why people don’t trust these?

Every year I’m still alive is a shock to me.

Truly an island that exports horror and takes no responsibility.

Main cause perhaps in 1917. But not only cause. You cant pretend that SR activity didn’t have an impact.

Didn’t bring them any closer to revolution? It brought them closer to three.

They used to say that about Japanese cars in America too.

Don’t forget Texas

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Frankly China and the EU seem like natural allies.

Wait why would the trust even exist anymore? The whole point is to sell the stocks before he takes office. There would be no need for a trust. He wouldn’t be owning stocks during his time in office.

Is that the disconnect? Is that the Assumption you’ve been operating under? That he would sell his stocks the day before he takes office and buy them again the day after? Cuz that’s not the idea. The idea is he wouldn’t own stocks while in office.

You seem so concerned with taxes it’s like you’re missing the forest for the trees. I don’t care if he has to pay a tax. You make a profit you pay a tax. That’s called the way it’s supposed to work. That’s not a punishment.

What’s important, the only thing that’s important, is the corruption. The idea that he’s owning this stock while he’s in office and doing things to make the stock more valuable with the powers of his office. That’s the ball game right there. If he doesn’t own the stock then he’s not financially benefiting from the powers of the office. That’s the entire ball game. He’s not financially benefiting. Him buying it again later is immaterial.

I’m perfectly okay with them just rebuying it afterwards. That’s fine by me. They’ll be buying it at a higher price. But that’s fair. The point is that they’re not materially benefiting while in office. If when they’re out of office they buy the things that they made stronger then that’s perfectly fine.

The corruption is the difference. The difference is them increasing the value of something while they hold a piece of it. If they don’t have it while they increase the value there’s no corruption, and assuming there’s no other quid pro quo.

You have a wildly inaccurate concept as to how blind trust operate. They’re not cutthroat aggressive day traders. The job of a blind trust is to shepherd a portfolio. It’s not that they’ll never sell anything because obviously they will sometimes but it would be rare for them to aggressively change a portfolio that was already successful. They are largely a conservative and non-reactionary concept. By the time a blind trust ends it would be wildly unusual for it not to look 90% the same as when it went in.

The idea that the PM would not generally know what was in his trust is just bonkers.

That’s not even close to the same thing though.

No asset manager is going to completely up end an entire portfolio.

What a simply bizarre system.

Same picture jpeg

Oh I’m really not comfortable being on the same side of an argument as Pug.

Unless China agrees to mediate I don’t see how this is going to end.