
← Sit Down with Michael Franzese6 dagen geleden · 49 min
The Biggest Legal Scam in America (Ex-Mafia Boss Reacts)
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Congress makes $174,000 a year, so how do so many of them leave Washington worth millions?
I sat down with Ross Givens, a stock trading educator who has spent years tracking the trades of politicians and corporate insiders. Ross breaks down how the STOCK Act turned into a loophole: lawmakers and executives have to report their trades, and once they file that form, they’re free to keep trading. Here’s the part most people don’t know. Those reports are public, so anybody can see what they’re buying.
My friends, I went to prison for tax fraud. What these people are doing makes what we did look like peanuts, and nobody is ever held accountable. I’ve said it for years and I wrote a whole book about it, Mafia Democracy: our government operates just like the mob. The difference is, we never took an oath to serve the people.
In this conversation we get into:
- What insider trading really is, and why Martha Stewart didn’t go to prison for it
- How the STOCK Act lets Congress and CEOs trade on information you and I don’t have
- Real examples of suspiciously well-timed trades by members of Congress
- Why banning congressional stock trading is all a show