Skip to comments.Time to Get Serious About Insider Trading in Washington
Posted on 12/09/2011 6:47:39 AM PST by shield
Congress is finally feeling the pressure over insider trading, the practice of trading financial securities based on non-public information available to a select few in government.
After a series of investigative reports, including several here at Big Government, the American people are beginning to realize that what is wrong with this country can be diagrammed on a map, with a straight line connecting Wall Street and Washington, D.C.
Now exposed to the light of day, the political establishment is determined to show the American people it is doing something to clean up its act.
This week, the House Financial Services Committee held a hearing on the matter, taking what many observers saw as great pains to minimize perceptions of a systemic and bipartisan problem. But I remain skeptical, as do many Americans, that Congress will actually pass a bill with teeth that requires them to live by the same rules as the rest of us.
(Excerpt) Read more at biggovernment.com ...
See what Governor Perry is doing daily The Perry Almanac
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Hey, what is this I hear about “internal” trades, by the company, using client funds, and keeping the profits?
They rip you off through taxes, they rip you off in regulations, and they rip you off in the stock market and we pay them to do it.
Congress will continue to steal without fear of prosecution because the agencies who have the authority to prosecute them get their funding from Congress.
What’s the deal with spamming your own thread?
The subject of the thread is insider trading by congress.
In post #1, you put a bunch of spam links about Rick Perry’s foriegn policy positions.
What are you doing? Did you post the original thread, because you thought it would be an interesting topic for disucssion, or simply because you thought it would be a good way to hook people into seeing your links to Rick Perry info?
BTTT.........Bookmark for later.....
This is a common tactic with the Perry people. If you see their names attached to a non-Perry article, skip over it. It’s just a set up.
Seriously? did you not notice that the article was written by Rick Perry?
No, I didn’t notice really. Makes no difference. The Perries do use this tactic and it’s annoying.
This a surprising commentary. Who would thought Perry knew how to write? Usually dumb-as-a-post people like him would concentrate on mastering basic speaking befor branching out.
Then why does post #1 have a bunch of spam links Perry's foriegn policy positions?
Seriously, did you not notice that the subject of the article was corruption in Washington (a domestic policy issue)?
Seriously, don't you think the original poster would have gotten more traction for Perry by using the #1 post to reinforce the message of Perry's article with something like "This is why we should support Perry, because he's serious about cleaning up Washington corruption", instead of diluting the message of the original article with a bunch of spam links?
Oh stop whining. It’s her thread she can post what she wants in it.
If you don’t like it then find or start your own thread. Life is too dang short to get caught up in what a person posts on an internet forum.
Now, do you have a problem with the congress critters enriching themselves on our backs or are you more interested in just trolling threads with your forum police bitching and complaining?
I am more disgusted with so called conservatives being more concerned with forum protocol than they are at the elected officials enriching themselves with the information they get prior to us regular folks. If anyone of us would act on the same kind of information we would go to jail.
In the old days these same congress critters would have already been tarred and feathered for their behaviors.
Thank heavens the CAINIACS never did anything like that...(/sarcasm)
The solution is simple: congress shall not exempt itself from any federal law or regulation.
Unfortunatly, it will probably take a constitutional amendment to accomplish.
Isn’t it vastly more important to discuss how to get that accomplished than to complain about what is posted on an internet forum?
Seriously, the same greedy pigs who enrich themselves are the same ones who write the laws that would send any of us to jail for doing the same thing.
We need to be pissed at Congress, not each other.
And she didn't exactly "skip over it," did she?
I think some of these people go looking for opportunities to spew their bile and when they don't do their homework, they step in it.
Giving the rest of us a a good chuckle, of course. :-D
It’s not nice to use photos of your mother just because you’re mad at me!
You are so beneath her in every aspect of class and quality that all I can do is laugh as you continue to display your banal sense of humor and inherently bitter approach to life in general.
Bless your heart.
Honestly, lately it seems common decency isn’t all that common on some of these threads. Sorry for your loss, Allegra.
Thank you. Yes, there are some pretty low people on here, but I always just consider the source. I pity people like that, really.
Mother loved Christmas and we always miss her especially around this time of year, but we also pay homage to her and the memories she made for us by making our own Christmases as festive as can be.
Some siblings and I (there are five of us) are converging on Dad's place in Virginia this year and those gatherings are always filled with warmth and lots of laughter.
Considering where I was last Christmas, I'm really going to enjoy this one!
I love southern culture, especially the use of the term above.
I would so much rather read freepers’ take on the very serious problem Congressional inside trader corruption than listen to the same old snarky, pin head comments.
Addressing corruption in Congress is very serious to me and it infects both parties. In addition we have the DOJ gun running and money laundering with the Cartels. Massive voter fraud has rendered our people without elective solutions. Another word for elitism is corruption. The “smart” people in both parties are criminally insane.
Corruption runs deep and we are beginning to resemble a bannana republic. People are permanently poor and horribly oppressed and abused in these kind of nations.
You’re not trying to tell me how to post, are you?
You’ve always come across as being smarter than that, so I’m going to give you the benefit of the doubt unless you clarify otherwise.
Have a great day.
You totally misunderstood my post to you. You have a nice day, too. :)
I’m in favor of such a ban.
Particularly if it involves watching the corrupt elected officials (Demwits first) hang by the necks until they’re dead, dead, dead.
I keep waiting to see “The List” of Congress persons who have used insider information to trade stocks.
So far, no “List.”
No “List” means no problem.