because otherwise they would be poor with a $174K salary, yeah, that’s what Mike said.
> U.S. Speaker of the House Mike Johnson said that salaries for members of Congress have been frozen since 2009, and added, “we should at least let them engage in some stock trading so they can continue to, you know, take care of their family.”
maybe, Mike, Congress should only get a raise when the federal minimum wage goes up. The federal minimum wage has remained at $7.25 per hour since July 24, 2009. Congressional salary could be tied to it, for example, congressional salary = federal minimum wage income × 11.5.
rzr-12 on
Because it’s all rigged. The peasants need to stay poor and fight about social issues.
wishlistnx on
And they will and support anything to directly and indirectly benefits their investments
NewToHTX on
Because baseball is game with clear winners and losers and politics is not a game with clear winners and losers.
Although I agree with the statement. Right along with term and age limits. If you can bar me from running because I’m too young, you should be willing to not run because you know what it was like to grow up as a kid under FDR. Looking at you Grassley.
pillomaskin on
Congress the Capitalist
DeterminedThrowaway on
Because congress decides the rules and aren’t voting against their own ability to do insider trading
Authoritaye on
Because athletes are still plebs who make millions, not billions.
r0addawg on
Bl00dWolf on
This isn’t even entirely true. In boxing an athlete can bet for themselves to win. They just can’t bet against themselves so they’re not incentivized to throw the match.
Feral_Sheep_ on
The question is, “Who is ‘we’?”
Athletes are regulated by some governing body above them. Congress is regulated by Congress. It’s not hard to figure out why their rules are more permissive.
mangotail on
Unfortunately, things are changing and gambling is becoming so normalized in sports. The NBA is such a great example of that on how quickly they adopted online sports betting. Earlier this year, Giannis announced he is a shareholder in Kalshi a day after the trade deadline where there was so much speculation and betting on where he would end up. It’s a clear conflict of interest and it’s only going to get worse and worse.
shroezinger on
Think of the poor congresspersons family. Do you know what it’s like to not have a third home is like?
Efficient_Sky5173 on
Why are even discussing this?
Lazy-Explanation7165 on
They only make $174k a year!!! Please think of these poor people who have to work 170 days a year!
bpaps on
Rules for thee but…… fuck it
bpaps on
America, the best country the oligsrchs can buy. 💰
bscheck1968 on
There is integrity in sports, politics, not so much.
yeezee93 on
Neither should be legal.
Memnojokasel on
Its the other way around?
Companies that are regulated invest in Congress to get what they want. It’s called lobbying.
ohiotechie on
Because the people who have to change the law are the same ones benefiting from it.
AngyAndMadAboutIt on
Because athletes don’t make the rules, and most sports books are owned by the owners of the teams in some capacity.
For example in the NFL nearly every owner had a minority stake in a sports book which they by rule have to keep discreet
N4RQ on
“We” allow it because “we” is them.
carpenter1965 on
Because they make the rules.
Guntcher_1423 on
“We” didn’t allow it. Those athletes you are referring to do not make the rules they play by, unlike Congress.
24 Comments
because otherwise they would be poor with a $174K salary, yeah, that’s what Mike said.
> U.S. Speaker of the House Mike Johnson said that salaries for members of Congress have been frozen since 2009, and added, “we should at least let them engage in some stock trading so they can continue to, you know, take care of their family.”
maybe, Mike, Congress should only get a raise when the federal minimum wage goes up. The federal minimum wage has remained at $7.25 per hour since July 24, 2009. Congressional salary could be tied to it, for example, congressional salary = federal minimum wage income × 11.5.
Because it’s all rigged. The peasants need to stay poor and fight about social issues.
And they will and support anything to directly and indirectly benefits their investments
Because baseball is game with clear winners and losers and politics is not a game with clear winners and losers.
Although I agree with the statement. Right along with term and age limits. If you can bar me from running because I’m too young, you should be willing to not run because you know what it was like to grow up as a kid under FDR. Looking at you Grassley.
Congress the Capitalist
Because congress decides the rules and aren’t voting against their own ability to do insider trading
Because athletes are still plebs who make millions, not billions.
This isn’t even entirely true. In boxing an athlete can bet for themselves to win. They just can’t bet against themselves so they’re not incentivized to throw the match.
The question is, “Who is ‘we’?”
Athletes are regulated by some governing body above them. Congress is regulated by Congress. It’s not hard to figure out why their rules are more permissive.
Unfortunately, things are changing and gambling is becoming so normalized in sports. The NBA is such a great example of that on how quickly they adopted online sports betting. Earlier this year, Giannis announced he is a shareholder in Kalshi a day after the trade deadline where there was so much speculation and betting on where he would end up. It’s a clear conflict of interest and it’s only going to get worse and worse.
Think of the poor congresspersons family. Do you know what it’s like to not have a third home is like?
Why are even discussing this?
They only make $174k a year!!! Please think of these poor people who have to work 170 days a year!
Rules for thee but…… fuck it
America, the best country the oligsrchs can buy. 💰
There is integrity in sports, politics, not so much.
Neither should be legal.
Its the other way around?
Companies that are regulated invest in Congress to get what they want. It’s called lobbying.
Because the people who have to change the law are the same ones benefiting from it.
Because athletes don’t make the rules, and most sports books are owned by the owners of the teams in some capacity.
For example in the NFL nearly every owner had a minority stake in a sports book which they by rule have to keep discreet
“We” allow it because “we” is them.
Because they make the rules.
“We” didn’t allow it. Those athletes you are referring to do not make the rules they play by, unlike Congress.