Why are politicians so DAMN RICH?!

5.2M views
•
May 31, 2023
by
Johnny Harris
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Why are politicians so DAMN RICH?!

Transcript

(slurping sounds) - All right, let's do this. Check this out. On September 19th, 2008, Republican Congressman Spencer Bachus made a trade that was effectively a bet that the stock market would drop. His trade meant that for every percentage point that the NASDAQ dropped, his investment would go up by 200%. This is what's known as shorting the marke... Read More

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