To: rintintin
Ten thousand points off the market, didn't come from Congress folks.
Just because you're a member of Congress, it doesn't mean you have to
have inside information to sell your stocks.
I don't like crooked Congress-critters anymore than anyone else does,
but we have to be rational about this.
Members of Congress shouldn't be blocked from selling stocks that
everyone else is selling.
13 posted on
03/19/2020 7:39:24 PM PDT by
DoughtyOne
(Hi! My name is Larry, and I'm a COVID-19FearPhobicAholic. Hi Larry, welcome. We've been there.)
To: DoughtyOne
“Members of Congress shouldn’t be blocked from selling stocks that everyone else is selling.”
Insider trading usually means selling right before everyone else does, or buying right before everyone else does, based on knowledge they don’t have.
You don’t like laws against insider trading?
19 posted on
03/19/2020 7:42:15 PM PDT by
rintintin
(qu)
To: DoughtyOne
I agree. He was just more savvy in thinking the market may tank. That is not insider trading; besides insider trading is OK for members of Congress.
31 posted on
03/19/2020 7:47:12 PM PDT by
Dave W
To: DoughtyOne
Exactly. He’s required to go down with the ship?!?
Good Lord, everyone could see it coming.
To: DoughtyOne
picture an organized effort by a group of people that sells trillions of dollars with of stock all at the same time. What would that do to the market?
111 posted on
03/19/2020 11:54:42 PM PDT by
Steve Van Doorn
(*in my best Eric Cartman voice* 'I love you, guys')
To: DoughtyOne
"Just because you're a member of Congress, it doesn't mean you have to have inside information to sell your stocks."
You're delusional
124 posted on
03/20/2020 3:16:08 AM PDT by
SERE_DOC
( The beauty of the Second Amendment is that it will not be needed until they try to take it. TJ)
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