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US Supreme Court Judge Sam Alito has an oil money problem | 30 percent of Alito’s individual stock portfolio is directly tied to fossil fuels.
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silence7 slrpnk.net silence7@slrpnk.net
Joined: 2023-06-11
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335   Original
AlternatePersonMan lemmy.world AlternatePersonMan@lemmy.world
Joined: 2023-07-02
#2 · Quote Reply

It's almost like high level public servants shouldn't be allowed to own stock...

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SpruceBringsteen lemmy.world SpruceBringsteen@lemmy.world
Joined: 2023-07-03
#3 · Quote Reply

Members of Congress shouldn't own stock, neither should Supreme Court Justices. It's effectively a life appointment, they are well compensated, and there's obvious conflicts of interest. Money and justice don't mix well.

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circuitfarmer lemmy.sdf.org circuitfarmer@lemmy.sdf.org
Joined: 2023-06-13
#4 · (edited) Quote Reply

Alito’s individual stock portfolio

His what now?

One issue we have now isn't exactly insider trading: it's that insider trading has been happening for so long that it feels like simply requiring no conflicts of interest, as should be standard operating procedure, now feels like inventing an entirely new system.

And of course, we have to contend with all the people who are worried about disenfranching the people in these positions.

Or, maybe, just maybe: the people who should be representing the public and running the country are those who would do so without worrying about their self-enrichment first.

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CreamyJalapenoSauce piefed.social CreamyJalapenoSauce@piefed.social
Joined: 2025-09-22
#5 · Quote Reply

I think it was Technology Connection's Alec who pointed out something I never thought of. When he talked with people about oil, he realized that he had a preconception that oil was a stepping stone. He assumed that everyone agreed that at some point THE goal in energy production is to replace oil, not add more power sources to it. When he said that, my matching bias was suddenly put in the spotlight. Since then I've wondered how people like Alito don't see this as the obvious next step.

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grimpy lemmy.myserv.one grimpy@lemmy.myserv.one
Joined: 2025-10-04
#6 · Quote Reply

Nolito

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Steve startrek.website Steve@startrek.website
Joined: 2023-10-08
#7 · Quote Reply

Just sell it. 1 phone call.

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silence7 Moderator silence7@slrpnk.net
Joined: 2023-06-11
#8 · Quote Reply

Just sell it. 1 phone call.

So long a he holds it, he is supposed to recuse himself from cases that affect those stocks. This has meant one less vote in the Supreme Court in favor of the oil industry

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Avicenna programming.dev Avicenna@programming.dev
Joined: 2025-11-07
#9 · (edited) Quote Reply

I see nothing wrong here, move along citizen nudges with an electric prod

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TachyonTele piefed.social TachyonTele@piefed.social
Joined: 2025-06-03
#10 · Quote Reply

So long a he holds it, he is supposed to recuse himself from cases that affect those stocks. This has meant one less vote in the Supreme Court in favor of the oil industry

Has he actually done that though?

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TachyonTele piefed.social TachyonTele@piefed.social
Joined: 2025-06-03
#11 · Quote Reply

Nolito

Delito

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jtrek startrek.website jtrek@startrek.website
Joined: 2026-02-22
#12 · Quote Reply

Public servants shouldn't be allowed to own stock, except maybe through some sort of arm's length diversified portfolio managed by a third party. Like, you can put money in Vanguard's index funds, but you can't pick individual stocks. Maybe. I would also accept that you just aren't allowed to own stock. Put your money in government bonds or something.

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downvote_hunter midwest.social derry@midwest.social
Joined: 2025-03-20
#13 · Quote Reply

Delito

Tolito

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turdburglar piefed.social turdburglar@piefed.social
Joined: 2025-07-03
#14 · Quote Reply

I think it was Technology Connection's Alec who pointed out something I never thought of. When he talked with people about oil, he realized that he had a preconception that oil was a stepping stone. He assumed that everyone agreed that at some point THE goal in energy production is to replace oil, not add more power sources to it. When he said that, my matching bias was suddenly put in the spot...

that was such a good video.

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silence7 Moderator silence7@slrpnk.net
Joined: 2023-06-11
#15 · Quote Reply

Has he actually done that though?

In the past, yes, but not this time

Justice Samuel A. Alito Jr., who had recused himself in a prior petition in the Boulder case (possibly because he owned stock in ConocoPhillips) did not indicate that he would be recusing himself from the case. ConocoPhillips, which is not named in the Boulder case, is a defendant in other climate lawsuits.

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TachyonTele piefed.social TachyonTele@piefed.social
Joined: 2025-06-03
#16 · Quote Reply

Tolito

Tolito, talito... What's the difference!

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boonhet sopuli.xyz boonhet@sopuli.xyz
Joined: 2025-06-16
#17 · Quote Reply

Members of Congress shouldn't own stock, neither should Supreme Court Justices. It's effectively a life appointment, they are well compensated, and there's obvious conflicts of interest. Money and justice don't mix well.

They should be allowed to invest in broad index funds. Shit that goes up when the economy is good and down when it's bad.

And maybe gvt bonds.

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bright_side_ piefed.world bright_side_@piefed.world
Joined: 2025-09-03
#18 · Quote Reply

Members of Congress shouldn't own stock, neither should Supreme Court Justices. It's effectively a life appointment, they are well compensated, and there's obvious conflicts of interest. Money and justice don't mix well.

Or any politician...

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Lucidlethargy sh.itjust.works Lucidlethargy@sh.itjust.works
Joined: 2023-06-28
#19 · Quote Reply

Feature, not a bug. Supreme Court is openly corrupt.

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silence7 Moderator silence7@slrpnk.net
Joined: 2023-06-11
#20 · Quote Reply

Feature, not a bug. Supreme Court is openly corrupt.

We can make it into a bug if we're able to pressure him into recusing himself.

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tomenzgg midwest.social tomenzgg@midwest.social
Joined: 2025-01-19
#21 · (edited) Quote Reply

a·li·to /ˌʌˈli toʊ/ v.

To act with abject incompetency, such as to draw question regarding fitness and ability concerning not just the current moment but respecting the subject at large

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Doomsider lemmy.world Doomsider@lemmy.world
Joined: 2023-07-01
#22 · Quote Reply

Public servants shouldn't be allowed to own stock, except maybe through some sort of arm's length diversified portfolio managed by a third party. Like, you can put money in Vanguard's index funds, but you can't pick individual stocks. Maybe. I would also accept that you just aren't allowed to own stock. Put your money in government bonds or something.

You mean design policy to prevent corruption!?

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TankovayaDiviziya lemmy.world TankovayaDiviziya@lemmy.world
Joined: 2024-01-22
#23 · Quote Reply

That's why the court declared Trump tariff illegal, because the judges obviously own stocks and hated it when their portfolio went down.

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FundMECFS piefed.zip FundMECFS@piefed.zip
Joined: 2025-08-03
#24 · Quote Reply

Members of Congress shouldn't own stock, neither should Supreme Court Justices. It's effectively a life appointment, they are well compensated, and there's obvious conflicts of interest. Money and justice don't mix well.

Yes. That’s the easier solution.

The harder solution is maybe we shouldn’t have 9 people appointed by the most powerful person in the country for life have that much power. It’s not very democratic.

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cpaq47 lemmy.world cpaq47@lemmy.world
Joined: 2023-08-09
#25 · Quote Reply

We can make it into a bug if we're able to pressure him into recusing himself.

I fear those days are long gone

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switcheroo lemmy.world switcheroo@lemmy.world
Joined: 2025-08-01
#26 · Quote Reply

Sooo... a conflict of interest? Say it ain't so!

(Nothing's going to happen since the Pedo-in-Chief and most of the Gov is just as corrupt)

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silence7 Moderator silence7@slrpnk.net
Joined: 2023-06-11
#27 · Quote Reply

Sooo... a conflict of interest? Say it ain't so! (Nothing's going to happen since the Pedo-in-Chief and most of the Gov is just as corrupt)

As I mentioned before, Alito has recused himself over this from some cases in the past, but not so far on this one

Justice Samuel A. Alito Jr., who had recused himself in a prior petition in the Boulder case (possibly because he owned stock in ConocoPhillips) did not indicate that he would be recusing himself from the case. ConocoPhillips, which is not named in the Boulder case, is a defendant in other climate lawsuits.

1
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