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Re: House members in the know score ‘abnormal’ stock profits
Posted: Wed Jun 01, 2011 9:01 am
by sjfcontrol
I'm guessing they know when to sell short...
(DOW's currently down some 85 points, some Democrat must need to pay his mortgage!)
Re: House members in the know score ‘abnormal’ stock profits
Posted: Wed Jun 01, 2011 9:10 am
by BobCat
AndyC wrote:Seriously - what's the point of playing a game that's rigged?
AndyC,
No choice when it is the only game in town.
Anyway, it is really just a matter of knowing all the rules and creative ways to get around them. And being willing to take "unfair advantage" whenever you can. Just like, there is no such thing as "fighting dirty" when your life is at stake.
Those of us who choose to live by the rules and behave what we call "honorably" deliberately put ourselves at a disadvantage.
An interesting comparison between the two political parties would be, what percentage of each brand of congressman are in prison or under indictment? Even that might be less an indicator of which ones are more crooked, than an indicator of which ones are clumsy enough to get caught.
Re: House members in the know score ‘abnormal’ stock profits
Posted: Wed Jun 01, 2011 5:05 pm
by sjfcontrol
sjfcontrol wrote:I'm guessing they know when to sell short...
(DOW's currently down some 85 points, some Democrat must need to pay his mortgage!)
DOW dropped almost 300 points today, guess he actually needed to pay his mortgage OFF!

Re: House members in the know score ‘abnormal’ stock profits
Posted: Wed Jun 01, 2011 6:37 pm
by HankB
I believe there's a law on the books that explicitly exempts members of Congress and many Congressional staffers (for some reason the number 1700 sticks in my memory) from insider-trading laws.
This is one of my pet peeves - lawmakers exempting themselves from the laws WE are expected to follow . . . were I ever on a jury, I doubt very much I'd convict ANYONE of violating a law our lawmakers have exempted themselves from.
Re: House members in the know score ‘abnormal’ stock profits
Posted: Wed Jun 01, 2011 7:00 pm
by stevie_d_64
HankB wrote:I believe there's a law on the books that explicitly exempts members of Congress and many Congressional staffers (for some reason the number 1700 sticks in my memory) from insider-trading laws.
This is one of my pet peeves - lawmakers exempting themselves from the laws WE are expected to follow . . . were I ever on a jury, I doubt very much I'd convict ANYONE of violating a law our lawmakers have exempted themselves from.
That SB905 comes to mind...But hey...Whada I know...
I know...I know, shut up Steve...

Re: House members in the know score ‘abnormal’ stock profits
Posted: Thu Jun 02, 2011 9:38 am
by BobCat
Ok, when I start to get that angry at the inherent unfairness of "one law for thee, another for me", all I do is tell myself, "Don't let them kill you!" Anger kills - "anger is one letter away from danger" - hypertension and cardiac arrest are consequences of anger - and it does not kill "them" it kills us.
Just resolve to outlive them. Not by helping them along - that's not our right/place/job/brief - but by being happy and surviving long enough to be like Mark Twain, who never killed anyone but read a number of obituaries with great satisfaction.
There is nothing wrong with recognizing Animal Farm; but letting it "grate your carrot" plays into their hands.
Hang in there!
Re: House members in the know score ‘abnormal’ stock profits
Posted: Fri Jun 03, 2011 3:01 am
by Vecco
BobCat wrote:Ok, when I start to get that angry at the inherent unfairness of "one law for thee, another for me", all I do is tell myself, "Don't let them kill you!" Anger kills - "anger is one letter away from danger" - hypertension and cardiac arrest are consequences of anger - and it does not kill "them" it kills us.
Just resolve to outlive them. Not by helping them along - that's not our right/place/job/brief - but by being happy and surviving long enough to be like Mark Twain, who never killed anyone but read a number of obituaries with great satisfaction.
There is nothing wrong with recognizing Animal Farm; but letting it "grate your carrot" plays into their hands.
Hang in there!
Some people dont want to be a coward and hope it all goes away, if they can only out last the bad guys. Some people dont want to sit in the conner hopeing no one will see them. Some people will stand up and say NO, and fight if they have to. I guess you were never in the military and put you life on the line for people you will never know. Anger can fuel passion, passion to do something besides hide in fear. But what the hell do I know.
I guess you have never read Animal farm, it did not work out to well for some of the Animals who just sat back and waited for the pigs to go away.
Re: House members in the know score ‘abnormal’ stock profits
Posted: Fri Jun 03, 2011 12:20 pm
by BobCat
I guess it is alright to call someone a coward based on a few lines taken out of context.
No corner sitting, no trying to be invisible - just pointing out that getting angry about something you can't change is self destructive. If you can change it, change it. If not, getting worked up about it damages nobody but yourself.