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Justice Alito sold Bud Light stock amidst anti-trans boycott effort
(www.lawdork.com)
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this post was submitted on 20 May 2024
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politics
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In what world would it ever be ok for a Supreme Court justice to buy and sell individual stocks?
Totally agree. This is not exactly a good example in impropriety but I don't see why holding office should not restrict holders investments to broad total market index funds and bond funds.
The justification people use is that allowing them to profit through "normal/legal" channels prevents them from taking bribes or seeking other forms of income.
Absolutely disgusting and boils down to the same thing. Very effective at preventing corruption too (/s). A normal person would be jailed.
Edit: Some words.
This doesn't seem to have worked. Thomas and Alito are the glaring examples, but I wouldn't be at all surprised to learn that they all take bribes of one form or another, whether intentionally or unintentionally because their actions bear no personal consequences other than enrichment.
Correct, it doesn't work. Which is why the justification is stupid and there should be stricture regulations to prevent conflict of interest.
Unless you're Thomas and can do both.