Should Congress Member be allowed to buy stock?

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  • LongBall52
    SBR MVP
    • 06-14-20
    • 1319

    #1
    Should Congress Member be allowed to buy stock?
    Something that weighs deeply on my mind. (I disagree with Nancy Pelosi). And that's not a blanket disagreement of her thoughts but 100% against her here.
  • ericc
    SBR Hall of Famer
    • 08-05-08
    • 8278

    #2
    Originally posted by LongBall52
    Something that weighs deeply on my mind. (I disagree with Nancy Pelosi). And that's not a blanket disagreement of her thoughts but 100% against her here.
    Pelosi is defending her position as FREE MARKET.


    Paul Pelosi, Nancy's husband (left) Thomas D’ Alesandro III, Pelosi's brother (right)
    Comment
    • firstclass
      SBR MVP
      • 12-10-08
      • 2652

      #3
      Insider trading is allowed in congress . Google it
      Comment
      • LongBall52
        SBR MVP
        • 06-14-20
        • 1319

        #4
        This is why there can be NO SUCH THING AS PARTY LOYALTY!
        End of my voting either way
        Comment
        • hehfest
          SBR Hall of Famer
          • 09-28-08
          • 7934

          #5
          Just ask Nancy Pelosi that.....the answer is of course according to her.
          I bought a 25 million dollar mansion in Florida recently. Join my group: The Stock Market Insider Trading Paradise Group: and you, too, can become wealthy. ~Nancy Pelosa


          Yes, fukkers, both parties (even though they are best friends behind the curtains so its really only one party) take part in this. I'm not only saying 1b (democrats) party is involved. Certainly, 1a (republicans) are just as involved in this paradise.
          Comment
          • hehfest
            SBR Hall of Famer
            • 09-28-08
            • 7934

            #6
            Originally posted by hehfest
            Just ask Nancy Pelosi that.....the answer is of course according to her.
            I bought a 25 million dollar mansion in Florida recently. Join my group: The Stock Market Insider Trading Paradise Group: and you, too, can become wealthy. ~Nancy Pelosa


            Yes, fukkers, both parties (even though they are best friends behind the curtains so its really only one party) take part in this. I'm not only saying 1b (democrats) party is involved. Certainly, 1a (republicans) are just as involved in this paradise.
            Make no mistake Communism does not work as an economic system. Clearly, CRONY capitalism doesn't either. Or, CRONY OLIGARCHY, which is what many would say the US has become. The checks and balances have been long gone probably since 1913.
            Comment
            • LongBall52
              SBR MVP
              • 06-14-20
              • 1319

              #7
              No one Begged ANY of these people to RUN for office... That was THEIR choice...
              Comment
              • hostile takeover
                SBR MVP
                • 12-06-09
                • 2258

                #8
                They absolutely should not be able to but they all do it 24/7/365

                Public servants my ass
                Comment
                • svsooner
                  SBR Wise Guy
                  • 09-19-14
                  • 707

                  #9
                  they are all scumbags blue and red. they don't care about the constituents. They love the fighting between all the normal Americans between parties, it keeps us distracted from what they and the 1% ers are doing.
                  Comment
                  • Kermit
                    BARRELED IN @ SBR!
                    • 09-27-10
                    • 32555

                    #10
                    It's one thing that they are allowed to buy, it's an all different matter when they pass bills that will make them money from their previous purchase.

                    Nancy Pelosi is as guilty as they come. I am surprised that she isn't called out on a daily basis for this.
                    Comment
                    • Slurry Pumper
                      SBR MVP
                      • 06-18-18
                      • 2811

                      #11
                      I like the idea of politicians buying and selling stock at will so long as they have to disclose their holdings. That way I can keep track of them and follow the money a little easier.
                      Comment
                      • jackpot269
                        SBR Posting Legend
                        • 09-24-07
                        • 12842

                        #12
                        The Perpetrators

                        The three GOP senators—Richard Burr, Kelly Loeffler, and James Inhofe—dumped a combined $5.2 million in stocks the day after the Senate Health Committee and Senate Intelligence Committee were briefed on the extent to which COVID-19 could impact America and its economy.
                        Richard Burr, Chair of the Senate Intelligence Committee, sold off $1.7 million in stocks…
                        Loeffler dumped $3.1 million.
                        Inhofe either wasn’t that greedy—or just didn’t have that much invested to begin with—as he only sold $400K worth.
                        That’s bad…
                        But none of them were as bad as longstanding Democrat mouthpiece Diane Feinstein, the fourth Congressperson involved in the scandal. This almost 30-year tenured senator and member of the Burr’s Senate Intelligence Committee singlehandedly sold upwards of $6 million in stock.
                        This looks bad on EVERYBODY involved…
                        A WORSE Crime Than Insider Trading

                        Think about this…
                        On a yearly salary of $174,000, these four senators were sitting on MILLIONS of dollars in stock equity.
                        How does this happen?!
                        It seems that if you’re serving your country, then you should be actually SERVING your country…
                        Not getting rich.
                        How these people have become millionaires in the service of the American people is beyond baffling.
                        Are they corrupt?

                        Are they using their positions, power, and connections to get themselves, their spouses, or their family members opportunities the rest of Americans don’t get?


                        What should worry us even more is the tolerance the American people have for Politian's committing crimes, and being ok with it as long as they are in the party they support. Ill never understand why other wise good moral people look the other way because of politics especially when it comes to sexual crimes against children or otherwise
                        Comment
                        • MinnesotaFats
                          SBR Posting Legend
                          • 12-18-10
                          • 14758

                          #13
                          They just stole $10 Trillion dollars bro

                          It's a little too late....
                          Comment
                          • jackpot269
                            SBR Posting Legend
                            • 09-24-07
                            • 12842

                            #14
                            Originally posted by Kermit
                            It's one thing that they are allowed to buy, it's an all different matter when they pass bills that will make them money from their previous purchase.

                            Nancy Pelosi is as guilty as they come. I am surprised that she isn't called out on a daily basis for this.
                            Passing bills they dont even have to do that just go to meeting and get info nobody else can get

                            Senate Health Committee and Senate Intelligence Committee were briefed on the extent to which COVID-19 could impact America and its economy.

                            They go to many we never here about and its both sides. If you think one is better than the other you are blind
                            Comment
                            • mjsuax13
                              Moderator
                              • 03-14-15
                              • 25091

                              #15
                              Originally posted by MinnesotaFats
                              They just stole $10 Trillion dollars bro

                              It's a little too late....
                              Ha! Exactly.
                              Comment
                              • DiggityDaggityDo
                                SBR Aristocracy
                                • 11-30-08
                                • 81450

                                #16
                                Tail them
                                Comment
                                • b1slickguy
                                  SBR Posting Legend
                                  • 11-24-11
                                  • 11959

                                  #17
                                  Originally posted by hehfest
                                  Make no mistake Communism does not work as an economic system. Clearly, CRONY capitalism doesn't either. Or, CRONY OLIGARCHY, which is what many would say the US has become. The checks and balances have been long gone probably since 1913.

                                  Comment
                                  • b1slickguy
                                    SBR Posting Legend
                                    • 11-24-11
                                    • 11959

                                    #18
                                    Comment
                                    • MinnesotaFats
                                      SBR Posting Legend
                                      • 12-18-10
                                      • 14758

                                      #19
                                      They SHOULD be allowed to but stocks, they SHOULD NOT be paid for their service however, nor should staff.

                                      That will shake things up and get rid of career political aspirations for many
                                      Comment
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