Axel Slingerland
Well-known member
It's about time... Zap her with the usual fine of $200 if she is found guilty. If we were not talking about Congress, I would say pursuing that sort of thing isn't worth the cost. But you know how Congress is. They will probably spend a million or to to collect one $200 fine. Business Insider reported that 78 Members of Congress who failed to properly report their financial trades as mandated by the Stop Trading on Congressional Knowledge Act of 2012. If I counted correctly (it's always a possibility that I did not) there were 36 Republicans and 42 Democrats. But aren't they lucky? Congress considered banning lawmakers from trading individual stocks, but Democratic leaders didn't do anything with that legislation. Or they could just waive fines get on with more insider trading.Oh yes, and an investigation has reportedly been launched into Nancy Pelosi's insider trading.![]()
Now before you say that you don't believe anything they say either, and you are not inclined to look up the Stop Trading on Congressional Knowledge Act of 2012, also known as the STOCK Act, I know you don't so there's no need to waste your time saying it again. But here's a link to the story, if you care to read it. It details each incident.
78 members of Congress have violated a law designed to prevent insider trading and stop conflicts-of-interest
Note: In general I don't really believe anything the government says either. And it is also not my intention to argue with you or anyone else. (That's a key reason why I only got married once. Once was more than enough.) I'm just making conversation. If you don't like what I have to say, don't read it.