Half a croissant, on a plate, with a sign in front of it saying '50c'
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Make Politicians Go Public

IPO that is
(+1, -1)
  [vote for,

The Clintons net worth was about $1M in 1992. It's more than a 100 times that today -- beating a general market investment in the market by 10X -- that's one hell of a return.

Seems like the best bet on a successful politician is that they are going to do better than the market -- would be great if citizens could benefit from that directly.

theircompetitor, Oct 27 2016

Bill, Inc https://www.washing...adaa0048_story.html
[theircompetitor, Oct 27 2016]


       Right now it seems they're all snatched up by private equity.
RayfordSteele, Oct 27 2016

       That "snatched up" better not be a pun :)
theircompetitor, Oct 27 2016

       Make Politicians Go Pubic would be better again.
xenzag, Oct 27 2016

       Bonking Bill has Prior Art* on that ...   

       *and stains (allegedly).
8th of 7, Oct 27 2016

       Hmmm...sounds meaningful, but I was worth ten dollars in '92 and I'm worth a grand today. I think scale is part of the issue.
normzone, Oct 27 2016

       my comparison is versus investing in the overall stock market, not inflation, I think the stat is valid
theircompetitor, Oct 27 2016

       Can you please clarify for me what the idea is? Am I going to be able to buy shares in a politicians personal financial gains?   

       Will it be any less stratified than the stock market? No one appears to be willing to sell me the one share of Microsoft I can afford.   

       Riding a politicians coat tails into financial gain has been done already. Unless the common man can play ...
normzone, Oct 27 2016

       You could always just place a bet on the politician getting elected. Trump odds are shortening, so be quick.
MaxwellBuchanan, Oct 27 2016

       I have been thinking about how to make this work:
1. Mirror investments: requires transparency which might not, due to NDAs etc, be possible; issues with non- repeatable investments (e.g. real estate transactions); impossibility of mirroring earnings
2. 50/50 split - income and capital of politician is split in half, one remaining with the individual, the other going into a fund of some sort, in which the public can invest: setting foot in politics halves your net worth; issues re jointly owned assets (e.g. IP or real estate not being readily saleable, allocation of risk on disposal of assets)
3. Nationalise the bastards: confiscate all their assets and send them off to the salt mines.

       The main issue is that - supposition and guesswork ahead - HNW individuals will make more of their investments in off-market opportunities, being that they have the connections to find out about those opportunities, and this cuts across the comparison with the listed markets, because it is not like for like.
calum, Oct 27 2016


       So, 1) won't work, 2) nobody in their right mind would agree to, and 3)won't work.   

       Too bad, I was hoping that this insider tip would lead to increased prosperity for me.   

       [theircompetitor], you're pretty clever. Do you have any ideas that can help the guy at the other end of the spectrum?
normzone, Oct 27 2016

       The answer is FAANG, minus the N, if the question is about stocks
theircompetitor, Oct 28 2016

       Chelsea worked at either a brokerage or an investment banking firm for a while. perhaps she clued in William and Hillary.
beanangel, Oct 28 2016

       Since when did kids tell their parents ANYTHING ? Yeah, whatever . .
8th of 7, Oct 28 2016

       Better corrupt than crazy, yes. But we're now set up for impeachment unless either 1) she loses, or 2) Republicans lose the House. Mind you, I don't think she will lose, and I don't think the Republicans will actually succeed in replacing her (they may not actually want to since they'd instead attack her for next four years). But I can't see how Ryan keeps his job if she is not impeached.   

       As an aside, I wonder how many people would make that statement about Nixon (better corrupt...) if there was somehow a similar situation.
theircompetitor, Oct 28 2016

       Yet another monetary game to devalue what a 1$ means.
wjt, Oct 29 2016

       Wait, I thought it was Hilary claiming the Don didn't declare? So who is IT now?
pashute, Oct 30 2016


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