EXCERPT: "It’s no secret that members of Congress qualify as political insiders, but a new report strongly suggests that they also may be insiders when it comes to trading stocks. An extensive study released Wednesday in the journal Business and Politics found that the investments of members of the House of Representatives outperformed those of the average investor by 55 basis points per month, or 6 percent annually, suggesting that lawmakers are taking advantage of inside information to fatten their stock portfolios."
How odd, especially since they are the ones passing legislation that curtails CEOs from insider trading but somehow, just so happens to omit Congcritters and Senators. But it gets better:
EXCERPT: "Despite the GOP’s reputation as the party of the rich, House Republicans fared worse than their Democratic colleagues when it comes to investing, according to the study. The Democratic subsample of lawmakers beat the market by 73 basis points per month, or 9 percent annually, versus 18 basis points per month, or 2 percent annually, for the Republican sample."
Say it ain't so Joe! The libs using their offices to feather their nests, how CAN THAT BE? The Gunny is simply shocked. Indeed, it is not like Nutsy Baloney using an Air Force jet, stocked with food and booze, to transport friends and family, on the taxpayer's dime is it? Or Bonnie Fwank the Lispy Banking Queen and Chris Dodd, using Fannie and Freddie as slush funds, while blocking reform efforts under Bush 43. Or Franklin Raines and Jamie Gorelick taking BIG bonuses from Fannie/Freddie, while Congresswoman Waters covered for Raines. No WAY! Democrat corruption? Whoda thunk it? Oh, and yet ANOTHER liberal lie exposed...
"Given the almost folkloric belief that Wall Street invariably favors Republicans, the superior performance of trades made by Democratic representatives may seem surprising,” the study authors said."
Wow, could the Democrats have LIED all of these years about the Republicans, pulling their usual projection tactic of blaming others for what THEY'RE doing? OMG! Could it really be true that ABSCAM Murtha was dirty? That MILCON Dianne Feinstein was doing MORE than funneling military contracts to her husband's companies? Could she have, horror of horrors, bought stock in her husband's companies even AS she was helping them to prosper? The Gunny is SHOCKED, SHOCKED that Democrats have been using their positions to get rich on the backs of the American people!
And the Lapdog Media, no doubt they're ALL OVER THIS! Well, no so much. Could it be that the liberal media has covered for Democrats all of these years? Surely a little investigative reporting MIGHT have uncovered this but then again, the liberal reporters would not be invited to all of those fun cocktail parties anymore. Sh*t, the hell with truth, justice, and the American way, quick! pass a martini and a little weinie on a plate to the nearest liberal idiot!
So corruptocrats in Crime Incorporated, er, The Democrat Party, are passing the laws that keep the common man and woman down, while allowing them to make money hand over fist, and if people like Timmy Gheitner, Solis, Sebelius, Rangel, Daschel, and others are any example, they've been doing pretty well both making money and not paying any taxes on it! Classic liberalism. "Strict laws ban corporate executives from trading on their insider knowledge, but no restrictions exist for members of Congress. Lawmakers are permitted to keep their holdings and trade shares on the market, as well as vote on legislation that could affect their portfolio values." Considering that the Democrats held the Congress for 50+ YEARS, guess who wrote and passed these laws?
Now those GOPers who are doing this, why, we'd want them tried and jailed, their ill gotten gains stripped from them in fines but the Democrats? Why, THIS kind of sh*t is a resume ENHANCER.
Pray that in 2012, we can clean house of the vermin and may God grant us public trials so that we can witness justice being served (but it ain't bloody likely to happen). They'll simply screw us over and get booted back to a lobbyist position, to make more money, while blaming someone else for what they themselves did.