Members of Congress trade in companie...

Members of Congress trade in companies while making laws that affect those same firms

There are 25 comments on the The Washington Post story from Jun 23, 2012, titled Members of Congress trade in companies while making laws that affect those same firms. In it, The Washington Post reports that:

One-hundred-thirty members of Congress or their families have traded stocks collectively worth hundreds of millions of dollars in companies lobbying on bills that came before their committees, a practice that is permitted under current ethics rules, a Washington Post analysis has found.

Join the discussion below, or Read more at The Washington Post.

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Wall Street Government

Sebastian, FL

#22 Jun 26, 2012
Sen. Tom Coburn (R-Okla.) reported buying $25,000 in bonds in a genetic-technology company around the time that he released a hold on legislation the firm supported. Rep. Ed Whitfield (R-Ky.) sold between $50,000 and $100,000 in General Electric stock shortly before a Republican filibuster killed legislation sought by the company. The family of Rep. Michael McCaul (R-Tex.) bought between $286,000 and $690,000 in a high-tech company interested in a bill under his committee’s jurisdiction.

Yeah, funny.

pigpen911

Since: Mar 11

Location hidden

#23 Jun 26, 2012
Curtis Lowe wrote:
Funny how not a single GOP Congressman or Congresswoman was identified in this sting. All Demoncrats along with Obama and Biden. Nancy Pelosi was the biggest cheat of them all! Where's Vera Baker?
19 dems---25 repubicans. All of them should be thrown in jail.

pigpen911

Since: Mar 11

Location hidden

#24 Jun 26, 2012
Wall Street Government wrote:
Sen. Tom Coburn (R-Okla.) reported buying $25,000 in bonds in a genetic-technology company around the time that he released a hold on legislation the firm supported. Rep. Ed Whitfield (R-Ky.) sold between $50,000 and $100,000 in General Electric stock shortly before a Republican filibuster killed legislation sought by the company. The family of Rep. Michael McCaul (R-Tex.) bought between $286,000 and $690,000 in a high-tech company interested in a bill under his committee’s jurisdiction.
Yeah, funny.
Do you want to post what Nancy P and Maxzine(SP?) W has done also? just asking.
rider

Gwinn, MI

#25 Jun 26, 2012
The laughing liberal wrote:
Obama and Congress are ABOVE THE LAW.
How else can you explain Obama Murdering US Citizens with the CIA and All of them conducting "Insider Trading" without Any repercussions?
Oh, and Obama committed more crimes yet hide behind either "State Secrets" or Executive Privilege."
If you want to know the reason why this is permitted, look at Jackasscrats who not only voted these Charlatans into office but Idolize or Worship them then defend any crime or wrongdoing no matter what. It's pathetic.
Gannon-Gate

Threatens to Expose a Huge GOP Pedophile and Male Prostitution Ring

By Wayne Madsen

Now that is has been discovered that “Jeff Gannon”(real name James D. Guckert), a “reporter” for Talon News Service, a front operation run by the conservative Republican-oriented GOPUSA.com , was using an alias as a cleared White House reporter, details are emerging that threaten to immerse the Bush administration in a major scandal.“Gannongate,” which is only now being mentioned by the mainstream news media, threatens to expose a potentially damaging GOP pedophile and male prostitution ring dating back to the 1980s and the administration of George H. W. Bush. James D. Guckert, using the name Jeff Gannon and possibly other aliases, was also running gay porn sites, one with a U.S. Marine Corps theme that solicited males for prostitution. White House Press Secretary Scott McClellan said he did not realize Gannon was using an alias until recently. However, rumors in the gay community are circulating about McClellan frequenting gay bars in Austin, Texas. Gannon bypassed established Secret Service security controls, including a background check requiring a social security number, to obtain a White House press pass that identified him by an alias, an action seen by many seasoned Washington journalists as only being possible if he had favorable treatment from White House staff, especially McClellan and his predecessor, Ari Fleischer. One White House reporter expressed revulsion over the fact that it was Fleischer who took away press credential from the late long-time White House correspondent Sarah McClendon and handed them to Gannon.

GOPUSA.com is run by a right-wing Texan and Bush friend named Bobby Eberle. In 2003, GOPUSA.com launched a vicious anti-Semitic attack against international financier George Soros, a leading philanthropist for progressive causes and a major contributor to the Democratic Party.

Talon News - SourceWatch
The last filing for Hawaii Reporter under the name "Jeff Gannon" was February 8,
2005.... Bobby Eberle, "Holiday Greetings from the GOPUSA Team," GOPUSA,...

http://www.sourcewatch.org/index.php ...- 49k - Cached - Similar Pages
Gannongate: Threatens to Expose a Huge GOP Pedophile and Male ...
Now that is has been discovered that “Jeff Gannon”(real name James D....
GOPUSA.com is run by a right-wing Texan and Bush friend named Bobby Eberle.

http://insider-magazine.org/Gannongate.htm - 23k -
Wall Street Government

Sebastian, FL

#26 Jun 27, 2012
pigpen911 wrote:
<quoted text>Do you want to post what Nancy P and Maxzine(SP?) W has done also? just asking.
"Funny how not a single GOP Congressman or Congresswoman was identified in this sting. All Demoncrats along with Obama and Biden. Nancy Pelosi was the biggest cheat of them all! Where's Vera Baker? "
Not a "single" republican?
Mine was a reply to THIS comment.
Very few politicians HAVEN'T profited from insider trading, very few.
Why would a millionaire spend millions of dollars for a paultry $ 174,000 a year job?
If your not a millionaire by the time you leave your term in congress, something has gone terribly wrong.

So..... no, I don't want to post what Nancy or Maxine has done.
They weren't relevent to the comment, relevent to the subject but not the comment.

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