EarlzP
DP Veteran
- Joined
- Mar 1, 2011
- Messages
- 1,404
- Reaction score
- 541
- Gender
- Male
- Political Leaning
- Other
It doesn't take a real genius to figure out something hinky is going one. A simple look at income of all Congressmen and Senators should of given off clues a long, long time ago. They take the job, after one term (in the house) and their income shoots up to over $500K a year and over $1 million a year after the second term. Senators reach the $1 million mark in their first term. Look at Obama as an example, never held a non-political job, but after 1 term in the Senate, his income was near $2 million a year. This from starting salaries of $174 k/year (source: US Congress Salaries and Benefits – Salaries and Benefits of US Congress Members). I use Obama as example, not to be partisan but because he is an example of someone who had nothing prior to politics and we have access to information on what he has now. Either they are using insider information or they have the most successful fund managers in history. It would be really nice to have their fund manager if they are not doing something like using inside information.
The fact that 60 minutes, one of the most left leaning news sources, actually called out Pelosi, one of their own, is a strong indicator that this far more common than most of us know. This is also a strong indicator that it is not party limited. If it had only been Republicans doing it, 60 Minutes would of been hounding them for years. Apparently, someone in the left has decided to start dumping the negativity for the party onto Pelosi and let her hang for everything instead of it splashing back on BO or the rest of the party. She actually makes a good lightning rod for the Democrats, short of an actual criminal conviction, her re-election is pretty much guaranteed in her district. Even if she retires or steps aside, that district is only going to go one way.
What a bunch of partisan drivel they investigated both leaders Boehner and Pelosi the fact remains that what they are doing is not ILLEGAL it should be but is not illegal the only way to prevent this wide spread abuse in the markets is to regulate the opportunity out but that is not going to happen, to believe that insider trading is not going on all across the board involving politicians and others who have an in is no different then believing in Santa Claus. A number of members here keep asking how the rich steal from the poor and middle class you don't have to look any further then Wall Street which is the largest scam ever run in the world