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Weird Finance (sh.itjust.works)

submitted 3 months ago by ModerateImprovement@sh.itjust.works to c/whitepeopletwitter@sh.itjust.works

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[+] Signtist@lemm.ee -9 points 3 months ago (1 children)

Why would they investigate it? Either he has no money, and is telling the truth, or he "has no money" and will be happy to share his "nothing" to keep an investigation from happening.

[–] Coskii@lemmy.blahaj.zone 16 points 3 months ago (2 children)

It was stated elsewhere that he has

no interest earning bank accounts

So while most bank accounts do earn interest, apparently he has one which does not.

The investigation part of mine was more insinuation that he had a massive wad of money sitting relatively unsecured in his home.

[–] takeda@lemmy.world 11 points 3 months ago (1 children)

Looks like he is claiming that he doesn't own anything:

https://www.marketplace.org/2023/11/09/whats-the-deal-with-speaker-mike-johnsons-financial-disclosure/

[–] Coskii@lemmy.blahaj.zone 16 points 3 months ago

From that same article:

Actually, the Speaker’s office told Marketplace that he does have a personal bank account, but it’s exempt from House reporting rules because it doesn’t earn interest.

[–] Signtist@lemm.ee 4 points 3 months ago

...yeah, that's what I'm saying. Maybe he's got no money, or keeps it in a bank with no interest for some weird reason, but the more likely scenario is that he has a lot of money he doesn't want to make public. If he's got so much money that it benefits him more to keep it hidden than to let it publicly gain interest, then he's going to be willing to hand some of it off to a corrupt public official to prevent an investigation.

If a real investigation were done, then there would be no reason for him to bribe anyone, which is the more important thing for the vast majority of the government, so they have no reason to do an investigation. I'd like them to, but my preferences aren't going to matter to the guy who only took the job of an investigator for the bribery money. If anything, they'll just do a sham investigation so that they can say "nope, nothing" while walking away with their pockets full of cash.

It's been a long time since this country meaningfully punished a rich man for doing something wrong.