• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

Pelosi fires back at '60 Minutes' report on 'soft corruption'

j-mac

DP Veteran
Joined
Mar 11, 2009
Messages
41,104
Reaction score
12,202
Location
South Carolina
Gender
Male
Political Leaning
Conservative

(CNN) -- House Minority Leader Nancy Pelosi fired back Sunday at a CBS News' "60 Minutes" report that highlighted several instances of what it suggested could be "soft corruption."
The show looked at the investments of various lawmakers -- including Pelosi, House Speaker John Boehner and Republican Rep. Spencer Bachus of Alabama -- who reportedly bought stocks around the same time legislation involving those investments was being discussed.
Pelosi and her husband participated in an initial public offering of Visa in 2008, according to CBS. They bought 5,000 shares at the initial price of $44; two days later, shares were trading at $64, CBS said.

Pelosi fires back at '60 Minutes' report on 'soft corruption' - CNN.com


Let me open this by saying that anyone caught using their office to inside trade should end up behind bars regardless of the letter following their name. But it does give me a special warmth to see that Queen Pelosi is being exposed as the crook, liar she is.


j-mac
 




Let me open this by saying that anyone caught using their office to inside trade should end up behind bars regardless of the letter following their name. But it does give me a special warmth to see that Queen Pelosi is being exposed as the crook, liar she is.


j-mac

She had to fire back something -- she looked like an absolute idiot on 60 Minutes. Buncha' crooks. No sitting congressman should be allowed to own individual stocks -- and no one in their immediate family. Period. Want to invest? Buy the Total Market Index.
 
^ Just curious if either of you feel the same about Republican congress people who own stock, or is it just your Democrat enemies?
 
Oh, Maggie, she only looked like an idiot because she is.

As for insider trading; any insider trading in any form should be punished.
 
^ Just curious if either of you feel the same about Republican congress people who own stock, or is it just your Democrat enemies?

Oh, Christ. Another partisan hack.
 
^ Just curious if either of you feel the same about Republican congress people who own stock, or is it just your Democrat enemies?


Did you actually read my opening posting, or just see the subject and feel the need to look foolish with your own post?

j-mac
 
Did you actually read my opening posting, or just see the subject and feel the need to look foolish with your own post?




j-mac

I'm guessing the answer is; "Yes."
 
^ Just curious if either of you feel the same about Republican congress people who own stock, or is it just your Democrat enemies?

What do you think "no sitting congressman" means? You really did not understand that?
 
She had to fire back something -- she looked like an absolute idiot on 60 Minutes. Buncha' crooks. No sitting congressman should be allowed to own individual stocks -- and no one in their immediate family. Period. Want to invest? Buy the Total Market Index.
I don't mind them owning stocks while in office, but I do think they should be prohibited from buying more stocks while in office. Not sure about selling while in office, I'll have to think about that more.
 
Why am I a partisan hack for asking a simple question?

Is your view bipartisan or not? Are you afraid to answer?

The answer, was given "ANY" congress critter. I note you claim undisclosed as a political lean, yet you are an open book to those that read your posts.
 
I don't mind them owning stocks while in office, but I do think they should be prohibited from buying more stocks while in office. Not sure about selling while in office, I'll have to think about that more.

I don't think so myself...I'm running for office. Corporate insider gives me a sweet tip because there's some pending or key legislation I may be able to impact on his behalf. I buy. Then I reap the rewards when I get elected. It'd just be cleaner if they had to dump their holdings and go into an Index Fund as a condition of holding office. It'll never happen though. Selling while in office is potentially just as dishonest as buying, imo.
 
Why am I a partisan hack for asking a simple question?

Is your view bipartisan or not? Are you afraid to answer?

First, my comment said "Any sitting congressman." Second, this thread is about Nancy Pelosi. Drives me crazy when someone mentions Cain's supposed indiscretions, as an example, and the next thing ya' know somebody's sayin', "What about Clinton?" Why is it that people immediately turn it into "Hey, what about your side??"

It's both sides. No, it's all sides.
 
First, my comment said "Any sitting congressman." Second, this thread is about Nancy Pelosi. Drives me crazy when someone mentions Cain's supposed indiscretions, as an example, and the next thing ya' know somebody's sayin', "What about Clinton?" Why is it that people immediately turn it into "Hey, what about your side??"

It's both sides. No, it's all sides.

Thanks, that's all I wanted to know. No need to have a hissy fit.

And my lean is undisclosed because I don't have one. I'm an independent if anything, but I'd rather just leave it undisclosed because people don't seem to comprehend what leans mean half the time anyway.
 
Thanks, that's all I wanted to know. No need to have a hissy fit.

And my lean is undisclosed because I don't have one. I'm an independent if anything, but I'd rather just leave it undisclosed because people don't seem to comprehend what leans mean half the time anyway.

No problem. And I did hissy. ;)

Your post actually implied more than it said. Right?? I mean, how could I answer it? "No, it's perfectly fine if Republicans are insider trading. They deserve every penny they can steal." :rofl
 
Maggie, I think you let Temporal off too easy. I started out this thread by saying:

"...anyone caught using their office to inside trade should end up behind bars regardless of the letter following their name."

And you clearly stated

"Any"

And then we got this from Temproal

^ Just curious if either of you feel the same about Republican congress people who own stock, or is it just your Democrat enemies?

Now, Temp wants to walk that back a bit without accepting that ^ this quote was intentional in it clear refusal to take what we opened with and make it partisan.

j-mac
 
j-mac said:
But it does give me a special warmth to see that Queen Pelosi is being exposed as the crook, liar she is.

Sorry if I don't find your opening statement very genuine. I just wanted clarification that your view is bipartisan and not targetted just at the Democrats, since you seem to admittedly take particular pleasure in hitting one side. If you say you're being bipartisan now, then I will take your word for it.
 
Sorry if I don't find your opening statement very genuine. I just wanted clarification that your view is bipartisan and not targetted just at the Democrats, since you seem to admittedly take particular pleasure in hitting one side. If you say you're being bipartisan now, then I will take your word for it.

The report was about Pelosi, but as you saw, and I highlighted that I said any of them. But I am partisan in my view. I don't like liberals much, I think they are trying to destroy my liberty, and my country. And I hold a special disdain for Nancy Pelosi, she is a carpet bagging liar. She was when she lived in Baltimore, and even more disingenuous once entrenched in SF. So do I love when she is in the spotlight for corruption? Hell yeah! Do I think that the others need to be called out as well? Hell Yeah as well.

j-mac
 
^ Just curious if either of you feel the same about Republican congress people who own stock, or is it just your Democrat enemies?

I feel the same regardless of party. Those that take advantage of inside information or offers should not be in public office.. Congress should be ashamed of itself. Pelosi proved to me she is a pathetic elected official by demonizing CEO's, yet look at what she and her husband do.
 
I don't think so myself...I'm running for office. Corporate insider gives me a sweet tip because there's some pending or key legislation I may be able to impact on his behalf. I buy. Then I reap the rewards when I get elected. It'd just be cleaner if they had to dump their holdings and go into an Index Fund as a condition of holding office. It'll never happen though.
Maybe they have to sell anything purchased up to 5 years prior to running for office. Just thinking out loud.


Selling while in office is potentially just as dishonest as buying, imo.
I don't disagree with that, and that is exactly why I am on the fence. But, if a stock is tanking on it's own, I don't think it would be fair to require them to take a total loss. I mean, I want assurances and protections, but I don't expect a person to give up virtually every normal aspect of citizenship, either.
 
I feel the same regardless of party. Those that take advantage of inside information or offers should not be in public office.. Congress should be ashamed of itself. Pelosi proved to me she is a pathetic elected official by demonizing CEO's, yet look at what she and her husband do.
This is a perfect example of why I have been saying for years that, in spite of some high-profile social wedge issue differences, both parties are pretty much identical.
 




Let me open this by saying that anyone caught using their office to inside trade should end up behind bars regardless of the letter following their name. But it does give me a special warmth to see that Queen Pelosi is being exposed as the crook, liar she is.


j-mac

Wall Street should be shut down period, it is nothing more then a place where the rich plunder the wealth of the poor and middle class
 
She had to fire back something -- she looked like an absolute idiot on 60 Minutes. Buncha' crooks. No sitting congressman should be allowed to own individual stocks -- and no one in their immediate family. Period. Want to invest? Buy the Total Market Index.

Nancy looks like an idiot when she is standing still. She proves it when she opens her mouth. She is crooked as they come. Just before the expiration date of energy loans, a 737 million loan was approved for a company in which her brother in law is an investor. Demands and gets a 7 series jet to fly coast to coast weekly, and stocks it with 150K of booze and snacks. Her dabbling in the stock market is just the tip of the iceberg. Sadly, she is not alone in DC. Too damn many of our fearless leaders have been there, done that.

We need one new law in this country. "Congress shall make no law exempting themselves from the law"
 
She had to fire back something -- she looked like an absolute idiot on 60 Minutes. Buncha' crooks. No sitting congressman should be allowed to own individual stocks -- and no one in their immediate family. Period. Want to invest? Buy the Total Market Index.

I was listening to Dan Carlin's "Common Sense" podcast and he mentioned this. He talked about how this was nothing new. There have been attempts at reform for decades before now. In fact, Prescott Bush, GHW Bush's father and GWB's grandfather, was a Senator for Connecticut from 1952-63. During his time in the Senate there was an attempt for such reform but Prescott Bush opposed it. He said that Senators should be able to be a part of the stock market so they could legislate it better. After all, if the wealth of Senators was just as much at risk they would have an incentive to keep the stock market stable.

Even though there were rules against his staffers doing the exact same thing...
 
I don't mind them owning stocks while in office, but I do think they should be prohibited from buying more stocks while in office. Not sure about selling while in office, I'll have to think about that more.

Knowing when to sell is just as important as knowing when to buy. Business executives generally must give notice of a preplanned sale before selling. Several have gone to jail for failure to do so.
 
Back
Top Bottom