Skip to comments.If Character Counts, Bob Kerrey is Toast (NE Senate Update: Kerrey loves cattle futures)
Posted on 10/28/2012 7:49:58 AM PDT by Kolath
LINCOLN, NE - Bob Kerrey sure has a lot to say about grazing land these days, but history (and the New York Times) tells us Mr. Kerrey is far more interested in cattle.
During his previous term in the US Senate, Bob Kerrey continued to buy and sell cattle futures contracts for six months after taking a seat on the Senate Agriculture Committee.
Some called this a clear conflict of interest. Some called his behavior ethically questionable. Others called it a case of Kerrey "playing fast and loose" with the rules.
Today, we call it insider trading. And if character counts, Bob Kerrey has repeatedly failed that test for his own personal financial gain, to the detriment of his constituents.
Perhaps Mr. Kerrey's 401K has suffered from President Obama's failed economic policies these last four years and he's in desperate need of hot commodities tips for his portfolio.
In any case, Nebraskans should be very concerned that Mr. Kerrey wants his old job in the United States Senate simply to resume the abuses of power and insider trading schemes that made him an enormous sum of money during his first term in office.
(Excerpt) Read more at myemail.constantcontact.com ...
"Kerrey's Financial Reports Show That Four Of His Cattle Contracts Each Exceeded $250,000. The Remaining Four Were In Amounts Between $100,000 And $250,000." (Robert Dorr, "Aide Denies Kerrey Conflict In Cattle Deals," Omaha World-Herald, 12/7/91, Para. 19). (J5)
"He Was Trading On Almost The Same Days That The Ag Committee Was Hearing Testimony On Oversight Of The Commodity Futures Trading Commission And About Trading Practices In The Commodity Futures Markets. The Hearings Were Feb. 23, March 9, And May 17, 1989." (Bob Hoig, "Kerrey Traded Cattle Futures While A Senate Ag," Midlands Business Journal, 12/6-12/91, Para. 37). (J7)
"Leonard Miller, Past President Of Midwest Futures Of Norfolk And A Veteran In Trading Cattle Futures And Futures Options, Said 'A Definite Conflict Of Interest Occurs' When Ag Committee Members Trade On The Futures Market." (Bob Hoig, "Kerrey Traded Cattle Futures While A Senate Ag," Midlands Business Journal, 12/6-12/91, Para. 10). (J7)
"'I'm Surprised That Bob Would Be Trading In That Volume,' Said John Hansen, President Of The Nebraska Farmers Union. 'Yes, It Really Kind Of Surprises Me.'" (Bob Hoig, "Kerrey Traded Cattle Futures While A Senate Ag," Midlands Business Journal, 12/6-12/91, Para. 23). (J7)
"Sen. Bob Kerrey Quit Trading In Cattle Futures Contracts Six Months After Becoming A Senate Agriculture Committee Member In 1989 Although, He Said, The Trades Weren't A Conflict Of Interest." (Robert Dorr, "Kerrey Quit Futures Trading Months After Taking Ag Seat," Omaha World-Herald, 12/10/91, Para. 1). (J6)
>>Nebraskans should be very concerned...
Yeah, no kidding — SNAKSARBEN should be concerned, beginning with concern for their own character, rendered self-evident by the fact they keep electing Kerrey and allowing the good ole boys in their midst to do bidness as usual.
There is a blight on the Heartland.
Bob Kerrey holds a Congressional Medal of Honor.
That makes his character superior to mine. And yours.
He also has a head shaped like a light bulb.
Proof of superior brain capacity & intelligence.
Bob Kerrey is the kindrest, braverest, most runderful AKSARBEN I’ve never met.
“It is impossible to understand the Franklin scandal and its cover-up, without knowing the environment created in Nebraska when Robert Kerrey was governor, 1983 to 1987. It was an atmosphere of permissiveness for the rich and powerful, to do mostly as they pleased....”
A blight on the Heartland.
character is NOT immutable!
Later, when I returned to Lincoln from Dallas, I learned from a close friend of mine and of Bobby, a prominent lobbyist, that immediately after the legislative vote in which I stopped his banking proposal, Bobby stormed out of the Governors office and down to the doors just outside the Legislature, where he yelled out a threat:
I know you lobbyists worked for John DeCamp to stop me on this. Well, I promise you one thing. DeCamp is dead meat. Do you hear me? DeCamp is dead meat. I mean it!
When I was an infantry captain in Vietnam, the phrase dead meat was well known. It was what a soldier, usually an enlisted man, threatened an officer with just before fragging him. Fragging was a live grenade tossed into the tent, living quarters, or restroom facility of another soldier, most commonly an officer.
Live grenades usually kill or maim people. Bobby knew that. His foot was most probably blown off by a live grenade that either the enemy threw or, as he himself has indicated, one of his own men accidentally dropped near him. Originally no one dreamed Bobby would be recommended for a Medal of Honor...
Any dead meat in cattle futures?
Where's Larry King singing these days?
The story had first been exhumed by Newsweek’s Gregory L. Vistica in 1998. He established that in the Mekong Delta one night in 1969, in the village of Thanh Phong, a squad of Navy SEALs led by Bob Kerrey knifed to death an elderly couple and three children, then gunned down a cluster of women and children. Kerrey was cited for killing 21 Vietcong, and awarded a Bronze Star. Confronted by Vistica nearly 30 years later, he acknowledged that the citation was false and said he’d agonized over the killings ever since. A few days later, he withdrew as a candidate for the presidency. On that ground, Newsweek spiked the story as no longer of interest.
Three years later, Vistica finally placed the story with the Times and CBS. Set to appear in the Sunday Magazine on April 29 and on 60 Minutes II on May 1, it was leaked to the Wall Street Journal and the New York Post with Kerrey’s cooperation. It set off a media storm. Most of the commentary accepted one or another version of Kerrey’s often contradictory testimony, and treated him as the agonized victim of what Jonathan Alter of Newsweek (5/7/01) described as “gotcha” journalism. Kerrey told the Associated Press (4/28/01): “The Vietnam government likes to routinely say how terrible Americans were. The Times and CBS are now collaborating in that effort.”
“and that often derives from fundraising.”
GeeOpie — NO SALE.
>>Proof of superior brain capacity & intelligence.
Or symptomatic of long term recto-cranial inversion syndrome.
Perhaps. But then again, when pondering such questions, I always like to remember that Benedict Arnold was the Hero of the Battle of Saratoga, and that Judas Iscariot was among the original twelve apostles.