we had a thread a while back on insider trading by Congress, why are politicians so good at investing their own money and so bad at investing our tax dollars ?
the page I originally linked on this one has vanished from the internet, but Jul 27, 2011 I posted
Congressional members net worth up 3669 percent
Bill filed to prohibit congressional insider trading
Members of Congress and their staffs would be prohibited from using insider legislative information for investment purposes under legislation filed Tuesday in the wake of a CBS News "60 Minutes" report.
On Sunday, "60 Minutes" aired a report highlighting instances in which congressional officials reportedly bought stocks around the same time Congress was discussing legislation affecting those companies or industries.
The show looked at the investments of various lawmakers -- including House Minority Leader Nancy Pelosi, House Speaker John Boehner and Republican Rep. Spencer Bachus of Alabama.
you might recall that Princess Nancy denounced that 60 Minutes show as a "right wing smear".The bill is sponsored by trackstar's senator, RINO scott brown
The bill filed Tuesday by Massachusetts Republican Sen. Scott Brown would make it illegal for elected congressional officials, their staffs and executive branch employees to use information about pending bills that's not available to the general public in making investment decisions. It would also forbid them from making such information public for personal gain.
the point would be that pretty well the whole of congress seems to be involved in insider trading. Congress outperforms the rest of us by 6% a year.
I don't have an issue with prosecuting members of congress for insider trading. What I do have an issue with is selective prosecution: if they're all doing it (which seems to be pretty much the case) prosecute them all. Don't pick one you don't like and proscute him and give the others a free ride.
It's the same with Manafort. The Podestas, John (Hillary's campaign manager) and Tony, and Tad Devine (who worked for Bernie) did the exact same thing as Manafort. Manafort was prosecuted and the others were given immunity in exchange for testimony against Manafort. Selective prosecution.
If you think Manafort is "stupid and crooked," then you must also think that John and Tony Podesta and Tad Devine, who all did the exact same thing, are equally "stupid and crooked." Or are they smart, because they know as democrats they can do whatever they want and never be called to account?
Does anyone else find it a bit odd that the FIRST GOP lawmaker to Endorse @POTUS Trump for President is arrested today by Deep State FBI? @RepChrisCollins …It’s Almost as if the Shadow Govt. has something against Trump supporters?
— Jim Hoft (@gatewaypundit) August 8, 2018
Nancy Pelosi, who was worth 100 MILLION in 2015
said on Wednesday:
The charges against Congressman Collins show the rampant culture of corruption and self-enrichment among Republicans in Washington today. The Ethics Committee must accelerate its own investigation into Congressman Collins’ illegal abuse of the public trust.
Anyone care to speculate how Nancy Pelosi came to be worth $100 million on a relatively modest salary?