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Exposed: The Wall Street SCAM Hiding In Plain Sight -- And How It's Robbing You | Chris Josephs PT 1

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Apr 1, 2025
In this engaging conversation, Chris Josephs, co-founder of Autopilot and creator of the Pelosi Tracker, reveals the hidden world of insider trading among U.S. politicians. He discusses how politicians often profit from legislative decisions, raising ethical concerns about transparency. The implications of the Stock Act and the disparity between lawmakers and average citizens are also covered. Chris highlights the urgent need for reform to regain public trust and tackle the intertwining of financial gain and governance.
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ANECDOTE

Autopilot's Origin

  • Chris Josephs's app, Autopilot, began as a joke, "Invest like a politician."
  • It exposed Congressional corruption by tracking suspiciously timed trades.
INSIGHT

STOCK Act

  • Before 2012, politicians weren't required to disclose their trades.
  • The STOCK Act (Stop Trading on Congressional Knowledge Act) now mandates disclosure.
INSIGHT

Chips Act and Insider Trading

  • Politicians benefit financially from acts like the CHIPS Act, picking winners and losers.
  • This influence, coupled with potential insider information, raises ethical concerns.
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