...Americans will take back America from the Russians and mags
Originally Posted by winn dixie
Wish I knew how many felonies Trump is charged with and not found guilty of yet. I'll try to look that up somewhere. Anyway, I see that almost half of the O'biden supporters showed up at SCOTUS to rage wine yesterday.
But as to the question of who benefits most from the DC Swamp. I would have to say Bob Menendez comes to mind, though the clear winning seems to be:
More Evidence Emerges of Congress Members Engaging in Insider Trading
Nick R. Hamilton March 2, 2024 - 11:26 am
Fresh evidence has emerged that shows members of Congress have continued to engage in insider trading – a practice that would land members of the public in jail.
Business Insider reports that new evidence has been found supporting the allegation that Democrat Rep. Nancy Pelosi (D-CA) and other members of Congress are engaged in insider trading.
For those unfamiliar with insider trading, Investopedia reports:Insider trading involves trading in a public company’s stock or other securities by someone with non-public, material information about the company.
Insider transactions are legal if the insider makes a trade and reports it to the Securities and Exchange Commission, but insider trading is illegal when the material information is still non-public.
The claim has been that some members of Congress – most notably Pelosi – have profited tremendously from insider, non-public, knowledge that they have obtained through their government positions.
Here is a recent example, reported by Fox News:
“Rep. Nancy Pelosi, D-Calif., who has received widespread scrutiny over her husband’s stock purchases, is making bank on another well-timed bet on a familiar corporation.
“The California Democrat’s husband, Paul, who owns a San Francisco investment and consulting firm, scooped up between $1 million and $5 million worth of call options in computer chip company Nvidia on Nov. 22.
“Pelosi, however, held off on reporting the transaction until right before Christmas.”
This is not a one-off situation either.
Pelosi and her husband, over the years, have made millions off of the stock market.
Paul Pelosi is so successful as a market trader that his apparent crystal ball-like ability to predict the markets far outpaces even Wall Street’s finest.
This, in itself, of course, is not a crime.
But, it is incidents such as the Nvidia situation combined with Pelosi’s unusually high rate of success that have led to insider trading claims.
Pelosi argues that she is not involved in insider trading because it is her husband who makes the trades...
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