Why isn't there real outrage actual public fury over politicians engaging in insider trading?
u/DigAccomplished6482 ·
Reddit — r/stocks
· September 06, 2026 at 17:01
· ⬆ 53 pts
· 💬 34 comments
| View on Reddit ↗
AI Summary
Summary
Post contrasts public outrage over cultural issues with perceived lack of accountability for insider trading by politicians, citing Pelosi and unnamed presidential conduct.
Author also highlights IRS penalties against an immigrant physician for failing to file Form 3520 on non-taxable foreign gifts, framing it as harsh enforcement against ordinary people.
Thesis: The system treats obscure paperwork violations harshly while powerful politicians face no consequences for corruption; questions whether democracy is functioning.
Quality assessment: Essentially opinion/commentary, not investment research or DD; contains anecdotal evidence and broad political claims rather than market analysis.
Score53
Comments34
Upvote %91%
▶ Full Post Text
People rage daily over trivial culturewar spats, but stay silent on blatant corruption. This isn't a left/right issue I'm talking about clear cut cases, like Nancy Pelosi's stock trades or a president openly breaking the law.
Meanwhile, a physician colleague of mine immigrated to practice medicine here.
His parents wired him money from overseas to help him get settled and cover training costs. Like most people, he'd never heard of IRS Form 3520 (foreign gift reporting).
Because the money passed through his personal account, the IRS slapped him with steep automatic penalties despite foreign gifts carrying zero US tax liability. Now he's paying thousands in legal fees just to fight off a paperwork technicality.
So miss one obscure form on money that was never taxable to begin with, and the government comes after you like you committed fraud.
But sit in Congress and trade on inside information? No consequences at all. Does this feel like a functioning democracy to anyone else, or am I missing something?