On: “Captain Gains” on Capitol Hill

[torginus]

Although this sounds like a sensible idea, I think it's impossible to prevent insider trading - if you introduce a rule like this, politicians will just find a middle man or work around it in some other way - the corruption schemes getting more elaborate is the last thing you want.

[margalabargala → torginus]

The goal isn't to make it impossible to do insider trading, it's to set some controls and have consequences when they aren't followed.

The middle man scheme you mention would be illegal under OP's idea. So prosecute everyone involved. The more people involved, the harder to hide it.

Your argument is basically "it doesn't make sense to have murder be illegal because the law won't prevent the bullet from flying."

[octoberfranklin → torginus]

Yeah, unfortunately.

This is pervasive in China; the politicians kid is the middleman. One child policy, so there's at most one kid -- makes it easy to know who to give the stock tips to.

[hrimfaxi → octoberfranklin]

That should make it incredibly easy to weed out then, surely?

[expedition32 → hrimfaxi]

Corruption is not weeded out because no matter how much people complain they WANT the corruption.

Bernie Sanders is not the president of the United States.