There’s GOLD in them thar seats! Congressional seats that is!
I'm gonna be RICH!!!
A report on CBS News’s “60 Minutes” alleges top leaders in Congress, including Speaker John Boehner and Minority Leader Nancy Pelosi, are getting rich by trading on information gleaned from their congressional duties.
A new report out Sunday from the CBS’s news program “60 Minutes” alleges that top leaders in Congress are getting rich by trading on information they only have access to by way of their positions — a congressional equivalent of “insider trading.”
Gee…didn’t Martha Stewart have to go to prison for that? Martha’s mistake was instead of crafting the perfect PIE……
The best part is...you can bake a file in the PIE for your next prison sentence!
….she should have been crafting the perfect legislation.
“The people who make the rules are the political class in Washington. And they’ve conveniently written them in such a way that they don’t apply to themselves,” Schweizer says in the report.
I don’t know…..where’s the proof? It’s not like they’re creating laws that benefit corporations so their stocks will rise and then….like…. they go out and buy stock in that corporation and make tons of money!! That would be so obvious!!!
Schweizer and “60 Minutes” claim that during the 2009 debate over healthcare reform, Boehner bought health insurance stocks in the days before Congress conclusively nixed the “public option” — a government-run insurance option that could have siphoned off business from insurance companies.
Okay, so maybe they do.
“I have not made any decisions on day-to-day trading activities in my account. And haven’t for years. I don’t — I do not do it, haven’t done it and wouldn’t do it,” Boehner said in his weekly news conference when confronted by CBS news correspondent Steve Kroft.
But even I wouldn't try anything THIS crooked!! LOL!
The report also alleges that in 2008, Pelosi, who was the House Speaker at the time, benefited from an initial public offering from Visa — at the same time that the House was considering a bill that would have posed problems for the credit card industry.
But Pelosi said she had never acted on an investment based on information gleamed from her congressional duties, pointing out that the legislation didn’t pass until two years later, and started out in the Senate.
It was just a coinky-dink!
“I will hold my record in terms of fighting the credit card companies as speaker of the House or as a member of Congress up against anyone,” Pelosi says in the report.
Uhh….Nancy….I wouldn’t use the words “hold” and “up” in the same sentence if I were you….just sayin.
I just want to fleece....er....serve the people!!
**UPDATE** Uppity thinks that I should update the post with the the net worth numbers from the comments below. Imustagree!
I can’t tell which year this link is. Has to be after 2008 because O’Bozo is mentioned. So these people are worth more now. My Doodness, being a limousine liberal and championing green causes sure is profitable.
Issa (R): $251,025,020
Harman (D): $244,796,667
Kohl (D): $214,570,011
Kerry (D): $208,801,275
Polis (D): $158,173,566
Rockerfeller (D): $94,306,010
Lautenberg (A zillion years old) (named but no number)
Feinstein (D): $72,380,637
McCaul (R): $69,619,248
Grayson (D), thrown out on his ass): $54,451,020
Risch (R): $53,325,524
Corker (R): $52, 345, 517
Maloney (D): $36,751,045
Pelosi (D): $31,378,542
NOW COMPARE IT TO TODAY AND SEE HOW THEY HAVE GROWN DURING THE DOWNTURN!Name Minimum Net Worth Average Maximum Net Worth
Darrell Issa (R-Calif) $195,400,035 $448,125,017 $700,850,000
Michael McCaul (R-Texas) $258,618,051 $380,411,527 $502,205,003
Jane Harman (D-Calif) $160,085,503 $326,844,751 $493,604,000
John Kerry (D-Mass) $181,469,521 $231,722,794 $281,976,067
Mark Warner (D-Va) $76,372,212 $192,730,605 $309,088,999
Herb Kohl (D-Wis) $88,228,026 $173,538,010 $258,847,994
Jared Polis (D-Colo) $57,944,127 $143,218,562 $228,492,998
Vernon Buchanan (R-Fla) $-50,724,701 $136,152,641 $323,029,983
Nancy Pelosi (D-Calif) $5,946,075 $101,123,032 $196,299,990
Jay Rockefeller (D-WVa) $61,632,019 $99,057,011 $136,482,003
Now….imustgotowork to pay the taxes that pay the salaries of these
multi-millionares!fine public servants!
Filed under: Uncategorized