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To: bitt; generally; DrDude
I am wondering what the arrest of Rep. Chris Collins (NY-R) means.

Most members of Congress engage in Insider Trading, all the time.

It is one of the primary vehicles by which many members enter office with little net worth, and on a salary of $174,000, leave office a few years later worth tens of millions of dollars.

Was this case just too blatant for the Dept of Injustice to ingore? Was this a message being sent to members of Congress that the noose is tightening via President Trump?

The former Speaker of the House, John "Wiskey" Boehner told the press that Insider Trading laws "didn't apply" to members of Congress.

https://theintercept.com/2015/05/07/congress-argues-cant-investigated-insider-trading/

Was the indictment today because he tipped off his son and lied to investigators? Or is Sessions sending a message to Congress that we can sink you all?

1,678 posted on 08/08/2018 9:55:07 AM PDT by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: SkyPilot

He could be a witness to some CF or other stuff that Sessions needs to keep ALIVE... only way is home confinement w/security.


1,681 posted on 08/08/2018 10:07:01 AM PDT by txhurl (World War Q..... next stop: ....what IS the next stop? Carter's Iran.)
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To: SkyPilot
Was Collins a deepie who "refused the call" to Ryan? I mean resign?

I guess he chose "or else"?

(The origin of "refused the call").

Any excuse to post one of my favorite scenes.

Bagster


1,682 posted on 08/08/2018 10:07:18 AM PDT by bagster ( "Even bad men love their mamas.")
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To: SkyPilot

I can think of several possibilities:

1. He’s super dirty and the insider trading is the LEAST of his crimes. But it’s the public one that he’s allowed to use to cover up the rest.
2. It’s a warning to other dirty Rs that this will no longer be tolerated.
3. He’s being taken out because he’s not with the anti-Swamp program.
4. He’s being taken out in order to introduce evidence in his trial. (Q keeps mentioning things about “how do you introduce evidence”)
5. He’s a vulnerable R seat and needs to be removed now in order to make way for a more solid R on election day.
6. They all do insider trading, but perhaps there are agreed upon bounds and he exceeded them.
7. Maybe he backstabbed the wrong person.

Probably other possibilities as well. Those above are not all mutually exclusive.


1,698 posted on 08/08/2018 11:31:46 AM PDT by generally ( Don't be stupid. We have politicians for that.)
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To: SkyPilot

I have read previously that it is not illegal for Congressmen to trade on inside information they get from their jobs in Congress. Many of them trade on such info and make gobs of money. I am assuming that what Collins is accused of is regular insider trading outside of is work in Congress. If there is overlap, he may have some defense.

And, I believe the 2nd District is head prosecutors for the swamp, so this is a hit job on a Republican to give the Dems one more district in the quest for control.


1,703 posted on 08/08/2018 11:58:25 AM PDT by Defiant (I may be deplorable, but I'm not getting in that basket.)
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