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Painful day for tech titans as EU finally sinks its regulatory teeth into them (www.theguardian.com)

submitted 8 months ago by celmit@lemmy.ca to c/technology@lemmy.world

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[–] Dark_Arc@social.packetloss.gg 4 points 8 months ago (2 children)

Remember how the politicians pander to Americans by blaming rich people for all of life's problems and saying they'll make them pay their fair share

That's a minority of US politicians and you know it. Not to mention it's a minority of a minority of those politicians that get elected.

We got exactly what we voted for and that's the truly maddening thing.

Part of that is definitely manipulation of representation (i.e. gerrymandering) but not all of it.

[–] redfox@infosec.pub 8 points 8 months ago

The comment was meant to be syndical and sarcastic.

Of course it's not representative of the entirety.

But it does express my frustration with political hypocrisy and insider trading. I think you'd be hard-pressed to find me any politicians that haven't engaged in that at some point, to some degree. One of the famous ones that comes to mind is Nancy pelosi, but she is not alone, and this is not particular to one party or another, they both definitely engage in it, it's been well documented and is irrefutable.

If you look past one party or another, you'd see that it's a broken system. The fact that it's legal for our elected representatives to conduct in activities that would otherwise be illegal for the general population is outrageous, and the fact that we all know they do it and they are the only ones that can control it in police themselves is also outrageous. It's the only self-serving career that I can think of that is completely unchecked, has unlimited benefits for only 4 years of service, and the only ones that can control it or police it is themselves.

[–] redfox@infosec.pub 1 points 8 months ago

Now that I think about it, Johnny Harris did a really good report about insider trading by Congress.