Red Ice News

Dispelling the Mythmakers

Members of Congress profit from stock trades in companies affected by their legislation
New to Red Ice? Start Here!

Members of Congress profit from stock trades in companies affected by their legislation

Source: rawstory.com
An analysis by the Washington Post has determined that between 2007 and 2010, 130 members of Congress or their families engaged in hundreds of millions of dollars of transactions involving stock in companies that were lobbying before their committees.

This practice is neither illegal nor forbidden by Congressional ethics rules, which allow members to act in ways that benefit themselves as long as they are not the sole beneficiaries.

The paper’s researchers examined all 45,000 congressional stock transactions revealed in financial disclosures over the four-year period and found that almost one out of every eight involved companies affected by bills that were before either Congress as a whole or the lawmakers’ committees at the time.

[...]

Read the full article at: rawstory.com

Comments

Red Ice Radio

3Fourteen

Alt-Right Is All About The Future of White People
Jazzhands McFeels - Alt-Right Is All About The Future of White People
Asatru: Native Spirituality of European Folk
Matt Flavel - Asatru: Native Spirituality of European Folk

TV

Synchromystic Nature of Pepe/Kek & Occult Meme Magic of the Alt-Right
Synchromystic Nature of Pepe/Kek & Occult Meme Magic of the Alt-Right
Red Ice Live - Israeli NGO Helping Migrant Boats Reach Europe's Shores, Instructs Them Where to Go
Red Ice Live - Israeli NGO Helping Migrant Boats Reach Europe's Shores, Instructs Them Where to Go

RSSYoutubeGoogle+iTunesSoundCloudStitcherTuneIn

Design by Henrik Palmgren © Red Ice Privacy Policy