Page 2 of 3 FirstFirst 123 LastLast
Results 11 to 20 of 21

Thread: Obama signs insider trading ban by lawmakers(edited)

  1. #11
    Sage
    poweRob's Avatar
    Join Date
    Sep 2011
    Last Seen
    Today @ 11:55 PM
    Gender
    Lean
    Progressive
    Posts
    34,927

    Re: No more insider trading you elected pukes!

    Quote Originally Posted by Ikari View Post


    There's a difference between passing a law and upholding that law. I do not suspect that latter to be held to politicians. But hey, maybe they'll surprise me.
    Perhaps but it becoming law and the congress being supposedly open to the public, I'm sure watchdogs using the FOIA could get the ball rolling when they decide not to police themselves.
    Quote Originally Posted by Moderate Right View Post
    The sad fact is that having a pedophile win is better than having a Democrat in office. I'm all for a solution where a Republican gets in that isn't Moore.

  2. #12
    Sage
    soccerboy22's Avatar
    Join Date
    Jan 2010
    Location
    A warm place
    Last Seen
    12-02-17 @ 10:35 PM
    Gender
    Lean
    Slightly Conservative
    Posts
    10,723

    Re: No more insider trading you elected pukes!

    Quote Originally Posted by Ikari View Post


    There's a difference between passing a law and upholding that law. I do not suspect that latter to be held to politicians. But hey, maybe they'll surprise me.
    You maybe right and nothing may come of this. Right now I am just going to look at the glass half full.
    Boston: City of Champions. New England Patriots: 2001, 2003, 2004, 2014, and 2016 Boston Red Sox: 2004, 2007 and 2013 Boston Celtics: 2008 Boston Bruins: 2011 Boston University Men's Hockey: 2008



  3. #13
    Sage
    UtahBill's Avatar
    Join Date
    Sep 2005
    Location
    Utah
    Last Seen
    12-03-17 @ 01:39 AM
    Gender
    Lean
    Moderate
    Posts
    17,687

    Re: No more insider trading you elected pukes!

    they will just find other ways to profit from their positions...
    Oracle of Utah
    Truth rings hollow in empty heads.

  4. #14
    Sage
    Ikari's Avatar
    Join Date
    Dec 2006
    Location
    Colorado
    Last Seen
    12-08-17 @ 01:05 AM
    Gender
    Lean
    Libertarian - Left
    Posts
    54,124

    Re: No more insider trading you elected pukes!

    Quote Originally Posted by soccerboy22 View Post
    You maybe right and nothing may come of this. Right now I am just going to look at the glass half full.
    Yeah, but the government keeps drinking out of that glass.

    I don't know, maybe something positive could happen. But I really do not trust government to police itself. I think they like to say the words, but words are wind. I'll believe this when I see large scale enforcement.
    You know the time is right to take control, we gotta take offense against the status quo

    Quote Originally Posted by A. de Tocqueville
    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

  5. #15
    Sage


    MaggieD's Avatar
    Join Date
    Jul 2010
    Location
    Chicago Area
    Last Seen
    @
    Gender
    Lean
    Moderate
    Posts
    43,243
    Blog Entries
    43

    Re: Obama signs insider trading ban by lawmakers(edited)

    Quote Originally Posted by soccerboy22 View Post
    Maggie, darling, wrong thread
    -- Double thanks!!!! How in the WORLD did I do THAT?????

    That's the worst thread derail I've EVER seen. Oooo. I can still edit. Thanks again, SoccerBoy. Yikes!
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

  6. #16
    Guru
    Republic Now!'s Avatar
    Join Date
    Feb 2012
    Last Seen
    09-12-14 @ 11:40 AM
    Gender
    Lean
    Conservative
    Posts
    2,671

    Re: Obama signs insider trading ban by lawmakers

    I'm somewhat skeptical. It seems odd for an average person to engage in a practice for a long period of time, then, suddenly, get a huge opposition to it to the point where you quickly ensure it can no longer happen. All the lawmakers are acting like this is some huge breach of justice when just a few months ago they were justifying these same actions. Such a huge change of heart and on such a massive and unanimous scale smells of foul play. I do tend to lean to the skeptic side in most things, though.
    One who makes himself a worm cannot complain when tread upon.

  7. #17
    Sage
    poweRob's Avatar
    Join Date
    Sep 2011
    Last Seen
    Today @ 11:55 PM
    Gender
    Lean
    Progressive
    Posts
    34,927

    Re: Obama signs insider trading ban by lawmakers(edited)

    Quote Originally Posted by MaggieD View Post
    -- Double thanks!!!! How in the WORLD did I do THAT?????

    That's the worst thread derail I've EVER seen. Oooo. I can still edit. Thanks again, SoccerBoy. Yikes!
    That's it! I'm dropping in a Zimmerman thread to bitch about congressional insider trading. The war is ON!
    Quote Originally Posted by Moderate Right View Post
    The sad fact is that having a pedophile win is better than having a Democrat in office. I'm all for a solution where a Republican gets in that isn't Moore.

  8. #18
    Sage
    poweRob's Avatar
    Join Date
    Sep 2011
    Last Seen
    Today @ 11:55 PM
    Gender
    Lean
    Progressive
    Posts
    34,927

    Re: No more insider trading you elected pukes!

    Quote Originally Posted by Ikari View Post
    Yeah, but the government keeps drinking out of that glass.

    I don't know, maybe something positive could happen. But I really do not trust government to police itself. I think they like to say the words, but words are wind. I'll believe this when I see large scale enforcement.
    Like I said though, a "Public Citizen" or "Judicial watchdog" group can FOIA and burn them down with it now perhaps.
    Quote Originally Posted by Moderate Right View Post
    The sad fact is that having a pedophile win is better than having a Democrat in office. I'm all for a solution where a Republican gets in that isn't Moore.

  9. #19
    Almost respectable

    Cardinal's Avatar
    Join Date
    Jun 2008
    Last Seen
    @
    Gender
    Lean
    Undisclosed
    Posts
    35,000

    Re: Obama signs insider trading ban by lawmakers

    Quote Originally Posted by Republic Now! View Post
    I'm somewhat skeptical. It seems odd for an average person to engage in a practice for a long period of time, then, suddenly, get a huge opposition to it to the point where you quickly ensure it can no longer happen. All the lawmakers are acting like this is some huge breach of justice when just a few months ago they were justifying these same actions. Such a huge change of heart and on such a massive and unanimous scale smells of foul play. I do tend to lean to the skeptic side in most things, though.
    I already listened to one interview on NPR where one "insider" said that the bill had already been diluted to the point of uselessness. We'll find out soon enough, I suppose.

  10. #20
    Sage
    jamesrage's Avatar
    Join Date
    Jul 2005
    Location
    A place where common sense exists
    Last Seen
    12-10-17 @ 09:23 PM
    Gender
    Lean
    Slightly Conservative
    Posts
    31,067

    Re: Obama signs insider trading ban by lawmakers

    Quote Originally Posted by poweRob View Post
    It's saying that my original thread on this was closed due to me not following the rules and whatnot. To try and refrain from getting more detrimental "points" tacked onto my DP account I started this thread with the title I'm told I have to go by instead of being myself. My bad.


    Obama signs insider trading ban by lawmakers

    President Barack Obama signed legislation Wednesday barring members of Congress, the president and thousands of federal workers from profiting from nonpublic information learned on the job, calling it an embodiment of the fundamental American value of fair play.

    Obama said the move to bar insider trading among lawmakers would assure everyone "plays by the same rules."

    "It's the notion that the powerful shouldn't get to create one set of rules for themselves and another set of rules for everybody else," Obama said.
    "If we expect that to apply to our biggest corporations and our most successful citizens, it certainly should apply to our elected officials," Obama said.

    The new law lets the public see more of government officials' financial dealings yet some members of Congress said it fell short. Lawmakers abandoned an earlier proposal to require public reports from people who gather information from Congress and sell it, mostly to investors.


    Like I said in my last post on this, I am shocked that it was signed by Obama because the last I heard was that this bill was blocked by Eric Cantor because he said it was "moving too fast" through congress. Didn't even know congress had passed it.
    I am glad he signed this. Law makers should not be above the law. If this bill is not strong enough hopefully they make more legislation to make it stronger.
    "A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murder is less to fear"

    Cicero Marcus Tullius

Page 2 of 3 FirstFirst 123 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •