Posted on 08/11/2018 8:21:05 AM PDT by yesthatjallen
Bellavia enlisted in the United States Army in July 1999 and deployed to Iraq after serving in Kosovo:
Bellavia would be OUTSTANDING.
Weren’t congressmen exempt from inside trading laws until the mid 90’s?
Why didn’t he just set up a foundation...?
Let me see if I understand this:
If I believe, based on interpretation of the evidence that something good is happening with Company X,so I invest in it, that’s smart investing.
But if I have certain knowledge that something good is happening with Company X, so I invest in it, that’s a crime.
Does that make sense?
This is simply desperate Democrats trying anything to steal control of Congress by any means necessary, air or foul.
“If I believe, based on interpretation of the evidence that something good is happening with Company X,so I invest in it, that’s smart investing.”
That’s not Insider Trading.
Using information that is not available to others is Insider Trading.
Wise decision. Democrats like Menendez get party and media cover. Republicans are left rotting.
I’ve never been sure why that’s illegal.
I give props to the Congressman for withdrawing to remove the risk of losing the seat. I have no idea of his actual guilt or innocence.
Can he win?
If their financial disclosure forms are any indicator, the vast majority if them are doing this.
1 down and 534 to go.
It’s a republican district. Democrat is a no-name who doesn’t even live in the district. Bellavia is a radio talk show host, so he is well-known. Slam dunk.
I’d bet that a lot of them in congress are engaged in insider trading. Not just this guy, and you don’t have to be on the board of directors. You just need information that isn’t shared with the public, and you know, there’s a lot of information not shared with the public in congress.
There are two sides to every transacation. If I buy shares of stock, it means you or someone like you is selling yours. If I bought a peice of land from you at the going rate but then a month later some company announced it was buying up land at 10x the going rate because of oil exploration or something, you might wonder if the buyer knew this and cheated you. Same thing.
Bingo! How do these poor public servants amass tens of millions of dollars? And giving a speech for a half millon dollars? Isn't that really open bribery? Why does Martha Stewart go to jail but these clowns walk free?
+1
Thanks. That’s good to know that ‘Rats won’t be picking up unexpected flip.
Bellavia has name recognition in the area.
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