Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

EXCLUSIVE: Financial Documents Suggest GOP Rep. Bachus Profited from 'Insider Trading' on TARP....
biggovernment ^ | Sunday November 13, 2011 | Wynton Hall

Posted on 11/13/2011 6:41:51 PM PST by Bigtigermike

click here to read article


Navigation: use the links below to view more comments.
first 1-2021-23 next last

1 posted on 11/13/2011 6:41:56 PM PST by Bigtigermike
[ Post Reply | Private Reply | View Replies]

To: All


Just A Reminder
Please Don't Forget
To Donate To FR
This Quarter

Sponsoring FReepers are contributing
$10 Each time a New Monthly Donor signs up!
Get more bang for your FR buck!
Click Here To Sign Up Now!


2 posted on 11/13/2011 6:43:45 PM PST by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Bigtigermike
I just read where Pelosi made millions on Visa's IPO. They all do it. I understand that they are exempt from insider trading laws. Why else would they spend millions of dollars to get a job that only pays thousands? And then they all retire filthy rich.
3 posted on 11/13/2011 6:48:14 PM PST by oldbrowser (They are Marxists, don't call them democrats)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Bigtigermike
This was on 60 minutes tonight. It was all about the "legal corruption" that the congress-critters build into the laws that allow them do do things that would get us serfs long prison sentences.

Interestingly enough, with only one exception, I believe that every congress-critter exposed was a republican. The one dem was Princess Nancy.

Mark

4 posted on 11/13/2011 6:48:18 PM PST by MarkL (Do I really look like a guy with a plan?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Bigtigermike

Frickin Grifter


5 posted on 11/13/2011 6:49:03 PM PST by Vendome (Don't take life so seriously, you won't live through it anyway)
[ Post Reply | Private Reply | To 1 | View Replies]

To: All

democrats were pulling this crap in the 90’s to buy votes and support for Gore..


6 posted on 11/13/2011 6:53:14 PM PST by newnhdad
[ Post Reply | Private Reply | To 5 | View Replies]

To: Vendome

Is this supposed to be a news story or is somebody over at Biggovernment trying to sell a book?

Wonder why they just singled out one Senator when they all do it? Our legislators are above the laws they write for the rest of us... That’s news?


7 posted on 11/13/2011 6:53:30 PM PST by TBBT
[ Post Reply | Private Reply | To 5 | View Replies]

To: TBBT

they took on several grufters. this article just names one.


8 posted on 11/13/2011 6:58:59 PM PST by Vendome (Don't take life so seriously, you won't live through it anyway)
[ Post Reply | Private Reply | To 7 | View Replies]

To: Bigtigermike

public servant now means public parasite.


9 posted on 11/13/2011 7:03:51 PM PST by ken21
[ Post Reply | Private Reply | To 1 | View Replies]

To: Bigtigermike

It is not against the law for a member of congress to do insider trading. they made themselves from insider trading laws.

The only way I can let my dad know ahead of time that we are going to acquire more land is to go and ask him for a loan. I can’t just go and tell him we are getting bigger, time to buy some of our stock.


10 posted on 11/13/2011 7:08:44 PM PST by JakeS (I have never had a flu shot and I have never had the flu.)
[ Post Reply | Private Reply | To 1 | View Replies]

Comment #11 Removed by Moderator

To: MarkL

That sounds like 60 Minutes.

Nancy must have ticked them off somehow.Or else she was their token Dem.


12 posted on 11/13/2011 7:37:09 PM PST by Venturer
[ Post Reply | Private Reply | To 4 | View Replies]

To: Bigtigermike

Didn’t Hillary Clinton make $100,000 on a $1,000 investment....oh nevermind.....she’s a democrat and a CLINTON!


13 posted on 11/13/2011 7:49:30 PM PST by notaliberal
[ Post Reply | Private Reply | To 1 | View Replies]

To: Bigtigermike
Baucus is a GOP congressman (not senator, as one commenter above stated). Don't underestimate Brietbart's strategic mastery in rolling these things out. I fancy that he's started the ball rolling with the Baucus demand, then, after the MSM feeding frenzy begins, he'll dump lots of similar stuff out about mostly dem senators and representatives, at which time it'll be hard for the MSM to stop the frenzy they've launched.

If this is as widespread as I suspected, involving numerouse congresscritters on both sides of the aisle, it could start an avalance of revulsion on the part of the public and reenergize the Tea Party movement; it could be bigger than the congressional post office scandal of the 90's.

As the article stated, this fire was kindled by the book by investigative journalist and Breitbart editor that has triggered a political earthquake in Washington. Wishful thinking on my part, but if only it could be an earthquake of 10.3 magnitude on the political Richter scale.

14 posted on 11/13/2011 7:51:08 PM PST by Spartan79 (I view great cities as pestilential to the morals, the health, and the liberties of man.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TBBT

The former senator singled out was Judd Gregg (R-NH).


15 posted on 11/13/2011 8:40:40 PM PST by bwc2221
[ Post Reply | Private Reply | To 7 | View Replies]

To: ken21; Todd Kinsey; freekitty; unkus; JLAGRAYFOX; vette6387; Howie66; MamaDearest; seekthetruth; ...

What do We The People think of our very own Congressional Sodom and Gomorrah? Voice your disapproval in November 2012!


16 posted on 11/13/2011 8:41:52 PM PST by ExTexasRedhead
[ Post Reply | Private Reply | To 9 | View Replies]

To: Spartan79
you don't understand that most Americans are ignorant, apathetic, and many immoral...

they only know that they are so "mad" at the rich and the rich are the "republicans" now aren't they, that they'll once again give us a whole slave ship full of democrat crooks...

17 posted on 11/13/2011 8:53:22 PM PST by cherry
[ Post Reply | Private Reply | To 14 | View Replies]

To: Bigtigermike

I suspect many in Congress are guilty. Of course, 60 Minutes focused on a Republican. The stats I have read suggest the rats do quite a bit better on inside trading than the R’s (their portfolios show a better rate of return). But we’re getting ready for 2012 and this will continue with increasing intensity (focused mainly on R’s) until December 2012.


18 posted on 11/13/2011 9:50:15 PM PST by ModelBreaker
[ Post Reply | Private Reply | To 1 | View Replies]

To: Bigtigermike

“U.S. Representative Spencer Bachus (R-AL) had access to highly sensitive financial information during the 2008 bailout debates...”

This cracks me up. I had access to “highly sensitive newspaper reporting” during 2007/8 and guess what, I figured out that banks were loaning money to people who could NEVER pay it back. So I pulled all of my 401k money out of stocks and shorted the banks that were doing the lending (like Countrywide, in particular). I still haven’t lost a dime on this fiasco. It really wasn’t that hard.


19 posted on 11/14/2011 2:45:42 AM PST by BobL (Send Rove a Message, VOTE CAIN, no matter what)
[ Post Reply | Private Reply | To 1 | View Replies]

To: BobL

” So I pulled all of my 401k money out of stocks and shorted the banks that were doing the lending (like Countrywide, in particular). I still haven’t lost a dime on this fiasco. It really wasn’t that hard.”

LOL....as soon as Angelo Mozilo dumped all of his Countrywide

stock, I began shorting it, as well as several home builders .


20 posted on 11/14/2011 5:53:18 AM PST by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
[ Post Reply | Private Reply | To 19 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-23 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson