The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label insider trading. Show all posts
Showing posts with label insider trading. Show all posts

Tuesday, December 6, 2011

Watch live hearing on whether Congress should be exempt from Insider Trading Laws

Recent stories have manifest about Congressmen, particularly Nancy Pelosi and several Republicans, profiting on insider information they used to buy into IPO's or stocks that benefitted from legislation they sponsored.

Today, a hearing is taking place over the lawful and ethical ramifications for Congress of being allowed to trade on insider information, while it is a crime to every other American.

You can see the hearings by going to CSPAN, which will make them available on the net shortly.

http://www.c-span.org/Events/Insider-Trading-and-Congress/10737426032-1/

In the end, I wonder how Martha Stewart feels if the end result of this hearing is a continuation of the status quo?

Monday, November 14, 2011

Congress caught profiting on insider trading according to 60 minutes expose

How would you like to not only be allowed to invest on insider information, but in many cases, create the news and policies that benefit your investments?  This is exactly what many in Congress, including Nancy Pelosi and members of both parties appear to have been doing for years based on an illegal bill Congress passed a while back exempting themselves from insider trading laws.



Is it any wonder why they have yet to pass any spending cuts in the Super Congress yet?  Or that President Obama can get away with paying off friends and donors with lucrative loans and contracts like Solyndra, without any oversight?

While your 401K sinks in the markets, Congress happily makes themselves 9-15% return on their money... thanks to their own inside information.