Supreme Court Justice Alito sold Bud Light stock, then bought Coors, during boycott

https://www.cnbc.com/2024/05/20/supreme-court-alito-sold-bud-light-stock-bought-coors-boycott.html

39 comments

  1. Nothing illegal or unethical, here, but this is the sort of thing someone who’s TV is blaring Fox News 24/7 would do and having someone like that on the Supreme Court is disturbing. The court has been fucked for a while, though so not much news.

  2. he sold between 1-15k on 8/14/23.

    BUD:NYSE on that date = 56 per share. today = 66 per share.

    TAP:NYSE on that date = 64.3 per share. today = 55.1 per share.

    all in all it isnt a ton of money, but losing money to own the libs, ya know…great financial strats.

  3. When you get your trading advice from Kid Rock… 🤦‍♂️

  4. So what? Reporting on irrelevant crap like this waters down the ACTUAL unethical behavior, which I guess is the goal.

  6. Ironically, by selling off his Bud Light stock he gains the ability to rule against that company should a case involving it ever come before the court without the appearance of a conflict of interest.

  8. Honestly, I don’t think I care about this. He didn’t use any sort of inside knowledge about a case, he just joined in a boycott (a boycott for a bad reason, but that’s beside the point).

    At the moment there are no rules or guidelines that flat out prevent him from owning stocks so if he wants to lose a bunch of money because of an idiot boycott, cool.

  9. Why do SCOTUS members have stock? I mean I know why but this this country is fucked.

  12. We have a Fox News / MAGA cult member as a Supreme Court Justice. Let that just sink in for a moment.

    I bet he has a MAGA hat he likes where to the grocery store. And wishes, just once, he could provoke a “leftist or lib” to a confrontation so he can play victim.

  14. Wow I love a Supreme Court Justice who participates in culture war bullshit. Real classy.

  15. Why isn’t the US doing a damn thing to get rid of these corrupt criminals?

  16. So, interesting train of thought here – this sets a precedence that not only is he biased in favor of conservative nonsense to begin with, but by potentially taking a loss just to protest trans stuff, it shows that he is willing to act in away against not just the best for others, but even against his own self-interests in order to achieve his anti-left goals.

    I’d say that’s actually a big enough red flag to justify removal at this point, especially in conjunction with his other, increasingly larger red flags.

  19. Hell I wouldn’t be surprised if the whole bud light boycott was invented by coors

  20. What’s so scary about things like this is that he’s a person, with a lifelong appointment to the highest court in our country, who’s clearly brainwashed with this anti-woke bullshit that the right pushes non-stop. And btw, what a rich person’s response to this farce of an “outrage” that they manufactured.

    Fuck this guy.

  22. Such a sad pathetic reflection
    on our country that this is the type of right wing political hack shit head we have on the Supreme Court. The fact that this dumb fucker is actually bought into all the fake social issue
    Fox News propaganda garbage is beyond scary.

  25. I’m currently boycotting Coors while the workers are on strike.

  26. Just because you’re on the SCOTUS doesn’t mean you stop being a human who has finances to manage. Now, all of those finances should be in a blind trust so you can’t do shady shit. That goes for all elected/appointed officials in my opinion.

    The fact that he traded these individual stocks at the time he did is troubling and an example of how compromised and non-apolitical his thinking is.

  28. I don’t expect Judges to be above politics in their personal lives; voting is a fundamental right to American citizens, and Supreme Court Justices should retain that right in full.

    That Alito has political preferences and opinions doesn’t bother me. What *does* bother me is that so far the expressions of his politics include an upside down flag and dumping Budweiser stock as a boycott, both of which are from the more extreme side of the conservative aisle.

    I’m not comfortable with having *fringe* opinions on the Supreme Court, that seems *incredibly dangerous* to me. Thinking the 2020 election was stolen and boycotting Budweiser because of an affiliate program is not my idea of normal.

  29. Why can’t these people just buy index funds. It’s a better investment anyways and they make so many different types lol

  33. He certainly needs to retire or be impeached by Congress. He’s too biased.

  35. If you are on the Supreme Court, president or in Congress, you should not be allowed to trade stocks while you serve. I don’t understand why we allow it. This is not a Republican/Democrat issue.

  36. If democrats had two vertebrae to rub together, there would be impeachment hearings for Thomas, Alito, and Kavanaugh tomorrow.

    Roberts and Corndog by the end of the week.

    I’m sure that slimeball Gorsuch should probably be removed too, but the headlines are too clogged by the others to even get a word around it.

  37. SCOTUS had nothing to do with that, did they?

    Dumping Bud Light at that time was a reasonable thing to do

Leave a Reply