Stock Trades Reported by Nearly a Fifth of Congress Show Possible Conflicts

so many of them are doing it and all trying to gain profit one way or another

 

Oz selling dangerous snake oil for his own personal profit?


Shocked!

 

Remove them all from office.

 

Shoot em'. Got em, use em. NEXT. - DD

 

only a fifth?

 

one of them, Chris Collins of NY, was caught calling his son to sell his shares in a Australia pharma co. he was prosecuted and plead guilty

but this biggest violator has Richard Burr of NC; his served on the committee that was privy to confidential info provided by pharmaceutical industry leaders at the beginning of the pandemic in that same day, Burr sold his large holding of pharma stocks

 

Surprised, I have not heard more about this.

Fetterman probably has it in his back pocket and is waiting until closer to the election.

 

lol WTH? First I'm going to be stupid, then I'm going to raise and record it, then I'm going all in baby, and posting it on the internet.

 

How does Kelly Loeffler get a pass?

 

I wonder what the fraction of Congress members increasing their wealth 10x during their service is?


I'm guessing it's half or more?

 

Hopefully the Democrats bill to ban trades will go through.

https://www.congress.gov/bill/117th-congress/senate-bill/3494

 

Tuberville is too stupid to take advantage of his position.

 

Haha, if this bill actually meant something for punishment, then there would be a better chance of them voting to put term limits in. I mean it'd be nice if it actually curbed the behavior, but even if it did pass (and was more strict, more on that below) - would you really believe them? All it would do is make it a little harder, ie - someone else would trade for them etc..

I mean there's too much temptation and insane money to be made, especially when you know ahead of time of how a vote will go or privileged information before it even hits the media.

Also, I am not just targeting one side in my comment, both sides do it without a doubt. It's similar to companies putting money in their pockets for certain things to get pushed through.

And this from the bill - "A Member of Congress who does not comply with the bill's requirements is subject to a fine equal to the Member's monthly congressional salary"... they make more money in stocks/investments than they ever will from their salary. If I was in congress and that actually made it through, I'd like to say I'd follow the rules, but we all know this is less than a slap on the wrist to them.

Apologize in advance if I missed something.

 

I want to encourage any step in the right direction, especially if it brings attention to a problem that has gotten little attention.

 

Definitely agree with you, like if the media published it on the fines maybe it might lead to some good in the polls/real change so I'm all for it. Or even if it's just a small step to start at least it's something like you stated.

Like I truly mean it on both sides doing it too, if it leads to something bigger I'm all for it. I mean the advantage they have vs the normal public is insane.

My comment above was more showing my frustration with the situation vs debating the topic (very sorry if it came out like that).

Tl;dr- definitely agree with you and I am on same page with you.