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Should the Press be allowed to own stock


Westside Steve

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 this is related to Woody's question about whether or not politicians should be allowed to invest in the stock market.

 Should members of the news media conservative or liberal be allowed to own and trade stocks? I would venture that their editorials and stories have a lot more to do with the rise and fall of some particular Investments than any single politician.

How about doctors? Should they be allowed to invest in big Pharmaceutical corporations?

WSS 

 

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4 hours ago, Westside Steve said:

 this is related to Woody's question about whether or not politicians should be allowed to invest in the stock market.

 Should members of the news media conservative or liberal be allowed to own and trade stocks? I would venture that their editorials and stories have a lot more to do with the rise and fall of some particular Investments than any single politician.

How about doctors? Should they be allowed to invest in big Pharmaceutical corporations?

WSS 

 

I think it should be illegal for politicians who make the decisions to own stock they make decisions for.

As far as doctors, they don't prescribe enough pills to make any kind of difference in stocks, for goodness sakes. lol

and news media? well, Having opinions on stocks when you own stocks is fine by me. No decision making there, either.

If a plumber owns a lot of valuable stock, and goes online and says "this stock is terrific - you should invest in it too"...

is absolutely fine.

   The decision making that relates to decision-maker-owned stock should be illegal. My goofy opinion.

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