Insider Trading By Congress FINALLY Hits The Media
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Thread: Insider Trading By Congress FINALLY Hits The Media

  1. #1
    XCR Guru Sean K.'s Avatar
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    Insider Trading By Congress FINALLY Hits The Media

    http://market-ticker.org/akcs-www?post=197474

    Insider Trading By Congress FINALLY Hits The Media
    The Market Ticker ® - Commentary on The Capital Markets
    Posted 2011-11-13 21:09
    by Karl Denninger

    Insider Trading By Congress FINALLY Hits The Media


    http://www.cbsnews.com/video/watch/?...;storyMediaBox

    and...

    http://www.cbsnews.com/8301-504803_1...ingLeadStories

    Insider trading by Congress; I've been covering this since The Ticker began. It's legal for them to do what you or I would go to prison for.

    And finally... 60 Minutes gets a few quotes and a nice story....

    Are you still willing to consent to being governed by this group of people in Washington DC?
    "Necessity is the plea for every infringement of human liberty. It is the argument of tyrants; the creed of slaves."-William Pitt the Younger

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    XCR Guru TomAiello's Avatar
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    Re: Insider Trading By Congress FINALLY Hits The Media

    No, no, no. They are your "elected representatives." They can do no wrong. Whatever they do is "for the good of the people." :duh:


    I sometimes wonder if we wouldn't be better off if we had some kind of sci-fi system where a class of monks governed us, living in dormitories and wearing homespun uniforms, and forbidden from owning property.

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    Expert Dredd's Avatar
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    Re: Insider Trading By Congress FINALLY Hits The Media

    I guess the us the US citizen is just a cash cow or a parasite... Can't even get ahead even if we wanted too....
    'Courage is not the absences of fear, its the taking of action in the presences of fear."

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    Banned EricCartmann's Avatar
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    Re: Insider Trading By Congress FINALLY Hits The Media

    Why is this news? Congress has always been able to make inside trades.

    Because the public is aware now, all this means that Congress will need a better buffering to protect themselves.

    Congress is no different than gun forums, where you have a select few of the cool kids that take advantage of us peons. Not just that but they feel they need they are so noble, that they have to tell us what is right and wrong based on the box they grew up in.

  6. #5
    Super Moderator Underground's Avatar
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    Re: Insider Trading By Congress FINALLY Hits The Media

    Quote Originally Posted by EricCartmann View Post
    Why is this news? Congress has always been able to make inside trades.

    Because the public is aware now, all this means that Congress will need a better buffering to protect themselves.

    Congress is no different than gun forums, where you have a select few of the cool kids that take advantage of us peons. Not just that but they feel they need they are so noble, that they have to tell us what is right and wrong based on the box they grew up in.
    Poor Cartmann, are they trying to eat your chili again?



    That guy, he said I should be oblong and have my knees removed. But I don't trust him, he plays the banjo.

  7. #6
    XCR Guru TomAiello's Avatar
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    Re: Insider Trading By Congress FINALLY Hits The Media

    Quote Originally Posted by EricCartmann View Post
    Congress is no different than gun forums, where you have a select few of the cool kids that take advantage of us peons. Not just that but they feel they need they are so noble, that they have to tell us what is right and wrong based on the box they grew up in.
    Yeah!

    And if you don't give your money to gun forums, guys with guns come and throw you in jail, too!
    - Tom Aiello
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