US Senators Have $96 Million In Stocks, Including Companies They Oversee

[skews13]

Several lawmakers hold shares in companies they oversee, the analysis found. Sen. Richard Shelby owns between $1 million and $5 million worth of stock in Tuscaloosa Title Company, a private real estate insurance firm, despite sitting on Senate housing and insurance subcommittees. Nine other members of the Senate banking committee hold financial stocks including Sen. Doug Jones, Sen. John Kennedy, and Sen. Robert Menendez.

US senators have reportedly piled up to $96 million into stocks, including companies they regulate | Markets Insider

I'm sure it's all honest.

 

[Oddball]

I'll bet you're really pissed that confirmed war profiteer, Dianne Frankenstein, is still in the Senate, huh?

Or maybe not so much.

 

[BluesLegend]

Several lawmakers hold shares in companies they oversee, the analysis found. Sen. Richard Shelby owns between $1 million and $5 million worth of stock in Tuscaloosa Title Company, a private real estate insurance firm, despite sitting on Senate housing and insurance subcommittees. Nine other members of the Senate banking committee hold financial stocks including Sen. Doug Jones, Sen. John Kennedy, and Sen. Robert Menendez.

US senators have reportedly piled up to $96 million into stocks, including companies they regulate | Markets Insider

I'm sure it's all honest.

Unless there's evidence of something illegal or improper I'm fine with it.

 

[Dekster]

Several lawmakers hold shares in companies they oversee, the analysis found. Sen. Richard Shelby owns between $1 million and $5 million worth of stock in Tuscaloosa Title Company, a private real estate insurance firm, despite sitting on Senate housing and insurance subcommittees. Nine other members of the Senate banking committee hold financial stocks including Sen. Doug Jones, Sen. John Kennedy, and Sen. Robert Menendez.

US senators have reportedly piled up to $96 million into stocks, including companies they regulate | Markets Insider

I'm sure it's all honest.

Don't know what stocks he owns now, but Mark Warner is pretty freaking loaded from his pre-politics business ventures. He basically used his fortune to buy himself a political career.

 

[BluesLegend]

Enough of you puke libtards accusing people of crimes without one damn shred of evidence. Are you that pathetic now, all you have left is smears?

 

[Harpy Eagle]

Enough of you puke libtards accusing people of crimes without one damn shred of evidence. Are you that pathetic now, all you have left is smears?

 

[flacaltenn]

Several lawmakers hold shares in companies they oversee, the analysis found. Sen. Richard Shelby owns between $1 million and $5 million worth of stock in Tuscaloosa Title Company, a private real estate insurance firm, despite sitting on Senate housing and insurance subcommittees. Nine other members of the Senate banking committee hold financial stocks including Sen. Doug Jones, Sen. John Kennedy, and Sen. Robert Menendez.

US senators have reportedly piled up to $96 million into stocks, including companies they regulate | Markets Insider

I'm sure it's all honest.

As honest as Hillary Clinton being a cattle futures expert ---- SURE... Neither side is coming out of this thread looking good... Just as massive hypocrites and partisan shills...

To paraphrase James Carville --- "It's the SYSTEM stupid"... YOU allow Congress to meddle in the INTIMATE details of winners/losers in the marketplace and then you go "Duh, How'd they all get rich"????

Stop being a partisan shill and realize that it's the POWER they've taken for themselves to manipulate the markets and companies....

 

[sartre play]

Would be interesting too know how many lost money when the market crashed.

 

[Ray From Cleveland]

Several lawmakers hold shares in companies they oversee, the analysis found. Sen. Richard Shelby owns between $1 million and $5 million worth of stock in Tuscaloosa Title Company, a private real estate insurance firm, despite sitting on Senate housing and insurance subcommittees. Nine other members of the Senate banking committee hold financial stocks including Sen. Doug Jones, Sen. John Kennedy, and Sen. Robert Menendez.

US senators have reportedly piled up to $96 million into stocks, including companies they regulate | Markets Insider

I'm sure it's all honest.

As honest as Hillary Clinton being a cattle futures expert ---- SURE... Neither side is coming out of this thread looking good... Just as massive hypocrites and partisan shills...

To paraphrase James Carville --- "It's the SYSTEM stupid"... YOU allow Congress to meddle in the INTIMATE details of winners/losers in the marketplace and then you go "Duh, How'd they all get rich"????

Stop being a partisan shill and realize that it's the POWER they've taken for themselves to manipulate the markets and companies....

I never stick up for Hillary, but as far as her futures win, that happens all the time in that market. I spent several years trading commodities, although not nearly as successful as her. She may have had help, but I can't see anything illegal.

With stocks, it's likely inside trading information. It's difficult to prove a whisper.

 

[sparky]

We've the best Congress $$$ can buy

....no partisan need apply

~S~

 

[flacaltenn]

Several lawmakers hold shares in companies they oversee, the analysis found. Sen. Richard Shelby owns between $1 million and $5 million worth of stock in Tuscaloosa Title Company, a private real estate insurance firm, despite sitting on Senate housing and insurance subcommittees. Nine other members of the Senate banking committee hold financial stocks including Sen. Doug Jones, Sen. John Kennedy, and Sen. Robert Menendez.

US senators have reportedly piled up to $96 million into stocks, including companies they regulate | Markets Insider

I'm sure it's all honest.

As honest as Hillary Clinton being a cattle futures expert ---- SURE... Neither side is coming out of this thread looking good... Just as massive hypocrites and partisan shills...

To paraphrase James Carville --- "It's the SYSTEM stupid"... YOU allow Congress to meddle in the INTIMATE details of winners/losers in the marketplace and then you go "Duh, How'd they all get rich"????

Stop being a partisan shill and realize that it's the POWER they've taken for themselves to manipulate the markets and companies....

I never stick up for Hillary, but as far as her futures win, that happens all the time in that market. I spent several years trading commodities, although not nearly as successful as her. She may have had help, but I can't see anything illegal.

With stocks, it's likely inside trading information. It's difficult to prove a whisper.

How many win big on their first and ONLY trade in cattle futures??? C'mon.....

 

[Missouri_Mike]

The interesting point is you’ve all heard from these people. They aren’t smart. Most don’t even understand basic economics. Let alone how a nations economy works. Yet they’re worth millions after being elected. An idiot who never had a job is running for potus. A fake Indian. A community organizer has a 15 million dollar home on the beach. A waitress is now running the left in congress. Raking in the cash.

Think about it. What have they done for you?

 

[Missouri_Mike]

Oh yeah, these are the same people who will run your life once they get socialism passed.

 

[Ray From Cleveland]

Several lawmakers hold shares in companies they oversee, the analysis found. Sen. Richard Shelby owns between $1 million and $5 million worth of stock in Tuscaloosa Title Company, a private real estate insurance firm, despite sitting on Senate housing and insurance subcommittees. Nine other members of the Senate banking committee hold financial stocks including Sen. Doug Jones, Sen. John Kennedy, and Sen. Robert Menendez.

US senators have reportedly piled up to $96 million into stocks, including companies they regulate | Markets Insider

I'm sure it's all honest.

As honest as Hillary Clinton being a cattle futures expert ---- SURE... Neither side is coming out of this thread looking good... Just as massive hypocrites and partisan shills...

To paraphrase James Carville --- "It's the SYSTEM stupid"... YOU allow Congress to meddle in the INTIMATE details of winners/losers in the marketplace and then you go "Duh, How'd they all get rich"????

Stop being a partisan shill and realize that it's the POWER they've taken for themselves to manipulate the markets and companies....

I never stick up for Hillary, but as far as her futures win, that happens all the time in that market. I spent several years trading commodities, although not nearly as successful as her. She may have had help, but I can't see anything illegal.

With stocks, it's likely inside trading information. It's difficult to prove a whisper.

How many win big on their first and ONLY trade in cattle futures??? C'mon.....

Well it wasn't just one trade I'm sure. In futures, you build up to wealth.

Commodities are not like stocks. With stock, you buy shares, and have to sell those shares if you profited to put that money in your account. Commodities works differently.

In commodities, let's say you buy ten contracts of cattle. It goes up a few points. Now the money you made is considered your money. You don't have to sell it in order to control it. So with that money, you buy another ten contracts. Now you have twenty contracts and it moves up a few points again. So you use that money to buy another twenty, and now control forty shares, and so on, and so on.

It's easy to build great wealth, at the same time, easy to lose it as well. An extremely volatile market. People have made millions of dollars in one day, and have lost millions of dollars as well.

Like I said, I don't believe Hillary did it alone. She had to be getting professional advice from an experienced trader. In reality, many people have done the same as Hillary. With commodities, you make the same money going up as you do down, so right from the beginning, you stand a 50/50 shot at making money without knowing a thing about what you're buying. All you really have to do is predict which direction the commodity will go in.

 

[Thinker101]

Several lawmakers hold shares in companies they oversee, the analysis found. Sen. Richard Shelby owns between $1 million and $5 million worth of stock in Tuscaloosa Title Company, a private real estate insurance firm, despite sitting on Senate housing and insurance subcommittees. Nine other members of the Senate banking committee hold financial stocks including Sen. Doug Jones, Sen. John Kennedy, and Sen. Robert Menendez.

US senators have reportedly piled up to $96 million into stocks, including companies they regulate | Markets Insider

I'm sure it's all honest.

That is good news, so if they pass the New Green Deal we know where they can get the money.

 

[Ray From Cleveland]

Several lawmakers hold shares in companies they oversee, the analysis found. Sen. Richard Shelby owns between $1 million and $5 million worth of stock in Tuscaloosa Title Company, a private real estate insurance firm, despite sitting on Senate housing and insurance subcommittees. Nine other members of the Senate banking committee hold financial stocks including Sen. Doug Jones, Sen. John Kennedy, and Sen. Robert Menendez.

US senators have reportedly piled up to $96 million into stocks, including companies they regulate | Markets Insider

I'm sure it's all honest.

That is good news, so if they pass the New Green Deal we know where they can get the money.

Several years ago when they took aim at the transportation industry, they forced truck manufacturers to install Diesel Emission Fluid (DEF) containers in every diesel vehicle. DEF is this crap that squirts into your exhaust pipes supposedly to make the exhaust cleaner.

DEF is a separate container that you need to keep fluid in. If you don't have DEF in the container, the truck won't start. If you run out while driving, you can really screw up your engine, all for the sake of cleaner air.

But it's not just the fluid itself. There are computers that are involved, dozens of sensors, and it needs to be maintained since the system brakes down all the time.

When first implemented, I often wondered how many Congress critters had money in the companies that made the system and manufacture the DEF itself. Since it applies to all diesel engines, pickup trucks, construction equipment, and even lawn care devices all have to use the stuff.

 

[FA_Q2]

Several lawmakers hold shares in companies they oversee, the analysis found. Sen. Richard Shelby owns between $1 million and $5 million worth of stock in Tuscaloosa Title Company, a private real estate insurance firm, despite sitting on Senate housing and insurance subcommittees. Nine other members of the Senate banking committee hold financial stocks including Sen. Doug Jones, Sen. John Kennedy, and Sen. Robert Menendez.

US senators have reportedly piled up to $96 million into stocks, including companies they regulate | Markets Insider

I'm sure it's all honest.

Unless there's evidence of something illegal or improper I'm fine with it.

It is improper on its face. There is only one reason that it is not illegal - congress specifically carved themselves out of insider trading laws.

IOW, it is illegal for us. It is not for them. This is one of the severely corrupting influences in congress.

 

[my2¢]

A similar conflict of interest concerns political donations. I sure wish there was a realistic way for all these donations to go through a blind trust to insure those in government are voting based completely on their convictions whether than their next campaign's war chest.

 

[keepitreal]

Would be interesting too know how many lost money when the market crashed.

ROFLMFAO

They bailed themselves out silly

 

[Ray From Cleveland]

A similar conflict of interest concerns political donations. I sure wish there was a realistic way for all these donations to go through a blind trust to insure those in government are voting based completely on their convictions whether than their next campaign's war chest.

McCain tried that and it was a complete failure. But it's right in line with this topic. If they are somehow regulated from giving money to candidates, they will give them inside trading information. Somehow they will find a way to buy a representative.

Then when the rep is voted out or decides not to run for reelection, one of those companies give him or her a job at their industry as a "consultant" for 300K a year. Just because you leave the House or Senate doesn't mean you no longer have close friends there.