We know Feinstein's voters won't throw her under the bus.
The way that the laws in the United States are currently written, insider trading (trading with the benefit of non-public information) is perfectly fine for members of Congress. That’s right - members of Congress can trade using insider information and it is perfectly legal. No fines. No jail time. 100% legal.
Wow! The five-hundreth post of the same tripe! This is a typical narrative being pushed so that the DUmocrats retain Congress. They’re always pushing the “inequality” class-warfare type of stories. Until Hitlery’s “cattle futures” are investigated, it’s a non-issue.
Why are they after Senators? Hmmmm? Oh yeah to regain a majority!
Just go after Republicans who do it, not Democrats.
Pretty slick.
Ron Johnson and Richard Burr are safe.
They’re not up for re-election this year.
The issue is the law that gives Congress this special loophole!
All leaderships guilty here. Needs to be reversed and those acting need to give back to the country what they saved.
The president will be re-elected, but it looks like he’ll be dealing with a Democrat House and Senate. The Deep Staters in the GOP got exposed by their RAT buddies. We all know both parties are in knee deep in this crap, but it’ll be the GOP who will be blamed. Hey Deep State Repukes the RATs hate you as much as they hate us conservatives. You’re just useful idiots for them!
Thanks again, for the umpteenth time, for propagating LEFTIST talking points.
Mollie Hemingway is correct; leave it up to the voters to remove these peeps if warranted. I personally wouldn’t trust any Ds, but....
The Chinese Flu had obviously been in the news, which probably prompted thousands to sell out of the market, protecting against what may have been an obvious sell-off and long predicted over-valuation. Loeffler’s hubby runs the NYSE and would naturally see all trends. And what a bad look for her, just months after taking office to subvert the trust of voters in the midst of a campaign to pad her portfolio.
As for Burr, Mollie recommends removal from his Intelligence chair where he undermined DjT whenever he could, including supporting Adam Schitt. McConnell should view these questions of integrity as problematic in such a sensitive position.
Botton line, I smell D subversion. Whatever it takes to regain power. 4 Rs for 1 D is a pretty good trade, right Adam ? Have you engineered another coup to make room for you after Feinstein resigns.
Insider trading is not against the law for members of the House and Senate. They exempted themselves from their weak “reform” in the Stop Trading on Congressional Knowledge Act (STOCK) passed on April 4, 2012 and proudly signed by Obama. Very cleverly, there were no
penalties or punishments attached to infractions!
The moribund SEC should total the money made by each member on insider trading since that fake law was passed, and this should be published. (Feinstein has again tried to hide her trades by claiming her husband made their multimillions on his own.)
I’ll bet that the majority (if not all) of all Congress has done the same thing. Start with Pelosi.
Burr should resign. He is a traitor.
Somewhere Martha Stewart is baking brownies and laughing.
This is a non-story, as all of them seem to have 3rd-party investment firms actually doing their trading for them. So long as they didn’t direct their traders based on inside information, there is no violations.
Pelosi and Hillary both profited from insider trading.
Imagine the democrats with the house and the senate. Well, no need to imagine, we have seen it before.
Anyone surprised????
OUT!!! They ALL NEED TO BE OUSTED!!
Insider trading is when critical information about a corporation affecting its stock value is about to be made and is deliberately withheld from the public view to gain financial advantage. Which may get released long after executing the stock sale or purchase.
It didn’t happen here. If any of the critics here were an elected somebody in that position after learning in a public discussion they could lose big money and they’re expected to be unable to act on that information and lose money because they are an elected somebody, is expecting a bit too much.
Almost all of the corruption by D’s&R’s have been secret deals being made with both China and Russia which involve changing a US regulation or trading impediments on market outlets.
I hear calls for resignation and I don’t get it. Why aren’t there calls for prosecution and conviction?