Wait, isn't that kind of like saying we should ban all chefs from using knives just because a few might cut themselves? Sure, there's risk, but the real issue is oversight and enforcement. Most public officials aren't insider trading—they're just managing their own money like everyone else. A blanket ban punishes the majority for the actions of a few bad actors.
Think of it like this: if we build stronger walls around the specific conflicts of interest, we don't have to tear down the whole house. Blind trusts, stricter disclosure rules, and real penalties for violations would work way better than an outright ban. That way, we keep ethical officials free to invest their savings without treating everyone like a potential criminal. The landscape is messy, but you don't fix it by bulldozing everything.