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Biden signs the Make Pelosi Richer Executive Order

Posted by Orange Blossom Special on Thu Jan 28 13:08:39 2021

The other type of "Green" initiatives. Or why it has to be an EO, since it would've been illegal had Congress passed the law.

in b4 spider-pigs moral outrage doesn't happen in 3...2...1..
00000000000



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(1805233)

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Re: Biden signs the Make Pelosi Richer Executive Order

Posted by mtk52983 on Thu Jan 28 13:35:46 2021, in response to Biden signs the Make Pelosi Richer Executive Order, posted by Orange Blossom Special on Thu Jan 28 13:08:39 2021.

Any investor with not even half a brain would invest in companies like Tesla when you have a Democrat as President and a Democrat in control of both houses of Congress.

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(1805234)

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Re: Biden signs the Make Pelosi Richer Executive Order

Posted by mtk52983 on Thu Jan 28 13:35:46 2021, in response to Biden signs the Make Pelosi Richer Executive Order, posted by Orange Blossom Special on Thu Jan 28 13:08:39 2021.

Any investor with not even half a brain would invest in companies like Tesla when you have a Democrat as President and a Democrat in control of both houses of Congress.

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(1805239)

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Re: Biden signs the Make Pelosi Richer Executive Order

Posted by Orange Blossom Special on Thu Jan 28 13:42:39 2021, in response to Re: Biden signs the Make Pelosi Richer Executive Order, posted by mtk52983 on Thu Jan 28 13:35:46 2021.

But she couldn't do that back after the election, she has to do it the day before.

Just like when she held up the stimulus and PPP until she was sure how much she could get out of it.

Pelosi Provision?

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(1805244)

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Re: Biden signs the Make Pelosi Richer Executive Order

Posted by Dave on Thu Jan 28 13:47:46 2021, in response to Biden signs the Make Pelosi Richer Executive Order, posted by Orange Blossom Special on Thu Jan 28 13:08:39 2021.

Tesla's stock price was slammed after they released earnings yesterday that were below estimates. Today it's down an additional 2.24% at the time of this post.

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(1805267)

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Re: Biden signs the Make Pelosi Richer Executive Order

Posted by Train Dude on Thu Jan 28 14:34:18 2021, in response to Biden signs the Make Pelosi Richer Executive Order, posted by Orange Blossom Special on Thu Jan 28 13:08:39 2021.

The greater question is why are they allowed to invest when they can influence outcomes but the president must put his holdings in blind trusts?

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(1805270)

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Re: Biden signs the Make Pelosi Richer Executive Order

Posted by mtk52983 on Thu Jan 28 14:37:47 2021, in response to Re: Biden signs the Make Pelosi Richer Executive Order, posted by Train Dude on Thu Jan 28 14:34:18 2021.

I don't think that a blind trust is necessarily required, but I can also see why having different levels for the President versus Congress makes sense. A President can unilaterally benefit or hurt a company with an Executive Order. A single Congresscritter would need to propose action that would have to be passed by both House and Senate and signed by the President. That doesn't happen instantaneously.

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(1805275)

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Re: Biden signs the Make Pelosi Richer Executive Order

Posted by Orange Blossom Special on Thu Jan 28 14:46:06 2021, in response to Re: Biden signs the Make Pelosi Richer Executive Order, posted by mtk52983 on Thu Jan 28 14:37:47 2021.

" That doesn't happen instantaneously."

Yeah, that could take a few days versus an EO from a dictator.

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