Neal Barton's POV

Outrageous

POV

POSTED: Wednesday, November 16, 2011 - 7:48pm

UPDATED: Thursday, December 1, 2011 - 5:46pm

Every night when I get done with the 6 o'clock news, I go over to my gym and have a workout.

While working on cardio on the treadmill last night, I saw a TV report that almost gave me so much cardio I had a heart attack.

All this stems from a new book out on congressional insider trading. It's called Throw Them All Out by Peter Schweizer.

A lot of congressmen are doing deals you and I would go to prison for.

They regulate the market and have knowledge you and I don't have.

They cash in sometimes doubling their money.

Or, they buy land they know is going to be used for a highway and then sell that land for huge profits.

I think the article I read in Yahoo news says it better than anyone.

It's by Henry Blodget.

He writes "You cannot read the description of the personal stock trading allegedly conducted by Rep. Spencer Bachus and other members of Congress during the financial crisis and conclude anything other than the following:

Our government is completely corrupt.

Yes, this behavior may be technically legal, because of an absurd loophole that makes insider-trading rules not apply to Congress.

Many members of Congress seem guilty here from both sides of the isle.

If a corporate executive or Wall Street trader did this--cashed in personally after getting private, non-public information from his work--Rep. Bachus and every other member of Congress would be screaming from the rooftops about how the financial system is deeply corrupt and how the executive should be charged with insider trading."

Roger Gray spoke with a professional today who said what Congress is doing may be legal after all.

But, I wouldn't look for a perp walk any time soon.

That's my point of view, what's yours?

You can email me at pov@ketknbc.com

Comments News Comments

Question for BigD, Rollinson and Sheila...just curious as to where the three of you get your information. No other comment about any other subject this time...just interested in your sources.

Hey Sheila, dispite what the children-in-adult-body Liberal Democrat parasitic ideology preaches through Socialism, I was wise enough to realize early in life that there is a God and I'm not him. I realized who and what you turn to defines who and what you worship, and early in life I realized worshipping and trusting my money to foolish politicians who never had real jobs was a recepe for personal disaster. The minute you take the handout they own you,,,like they DO OWN YOU.

Believe it or not,in spite of what your Liberal College professors tell you, there ARE still Americans who walk the earth today that can sustain themselves & Kids without a federal government handout. I raised 6 kids that in a country where all men are supposed to be created equal, that the basic premise of self government is the ability to Govern SELF and provide for SELF, unlike you Socialist failures in life who are governed and ruled by your passions and appetites like parasites who can't.

At times when I thought I was God, I got poor like the Socialists. When I began to finally listen when he Whispered to me in my pleasures, spoke to me through my conscience and shouted at me in my pain.,,,I suddenly began to prosper. Try it some time. It does take courage and acts of faith, but when you put your faith in fallible human politicians and Party Leaders, and turn to Democrat talking points for you verities, you have indeed a recipe for continued failure. Witness Obama, Pelosi, Reid

I no longer need to work because I invested in American Capitalism, not Government Socialism and retired early rather than relying on the Oxymoronic deluding words like “Social Security” where because it is based on Socialism THERE IS NO SECURITY. I hope you enjoy your retirement in Socialist poverty, relying on money that no longer exists, already spent by your greedy fellow dependent children-in-adult-bodies. Thus is the fate of all who believe in the Secular Socialist God of SELF.

Hey Danny shouldn't you be at work paying back the citizens of Texas for all those kids and divorced wives you saddled us taxpayers with?

Sheila is NO Ron Paul Supporter but one more Democrat Liberal disscusssion site plant that are paid operatives to disrupte the exchange of sane Conservative Political ideology that will bury them in 2012. It's the same old Fabian Socialist divide and conquer tactic that the weak use to disrupt the strong. "Great minds discuss ideas; average minds discuss events; small minds discuss people." This is why Sheila's small mind which cannot compete in the real arena of ideas must attack people.

Sheila Jackson, your comments are childish and argumentative. Do you really think that anyone can be won over as a Ron Paul supporter by name calling and personal attacks. Grow up.

Big Deal, you don'tthink we have real elections anyway do you? Media is prrof that it's all a lie.

Just how did Hillary Clinton take a $1000 investment and turn it into $100K in three months? How did Newt Gingrich, adopted by a Military father on military pay come out of Congress a multi-millionaire after paying off two wives in divorce and running up a $500,000 Jewelry bill? Any politician who comes out of office appreciably richer than when he came in is corrupt. Just what is Ron Paul's net worth now as compared to his Doctor's salary? Obviously he knew where the real gold can be gleaned.

Hey Big Danny, how did you turn out to be such a big looser? Were you just bred that way or did something happen to your brain? Are you jealous of those who have more than you or are you mad that Obama didn't give you more?

Just where did Ron Paul acquire his estimated 2011 $4.9 million in net worth. It certainly was not practacing medicine. His Golden rule is just like the rest who have gone to Washington and been turned to the dark side. "He who has the Gold Rules"

Hey you silly fool, Ron Paul made his money honestly investing in gold mining companies watching the Federal Reserve turn the dollar into toilette paper. He warned the nation and was outspoken in the 2007 campaign that the economy was on the brink, but fools like you just copied what the corporate media told you and minimalized him as a nut. Now he is wealthy, still in gold stock, and idiots like you point a suspect finger. Guys like you are the picture of what a loudmouth stupid idiot look like

Yes our government is corrupt. All the letters to our reps.and the White House don't seem to be changing anything, they just ignore the decent citizens of this once Great Country! To calm your fears please read Revelation 17:17. God explaines it all. Even so, come Lord!

Ron Paul is noted for his integrity. Check it out, don't take my word. just because he threatens Washington insiderism and corporate media ignores him because laws in the press have changed to allow such behavior, those who seek the truth about government ALL support Ron Paul.

I've been saying for years that Congress should not be allowed to make any more laws until they repeal a whole bunch of them. We have too many already. Then they should go home and stay there unless there is a national emergency. They have assumed the role of dictators, and corrupt dictators at that. It's very scary and makes me very mad as well. What can we do?!

Perry was half-right when he talked of a part-time congress; the other part of the plan must be that they are subject to every law of the land in every way that any ordinary citizen is subject to the law-no exceptions!!!

Ron Paul has spoke-out against this Crony capitalism and is the ONLY presidential candidate to do so. You Tube his CBS debate and see what he says. What I can't understand is why corporate media labels Ron Paul with ridicule yet, he is the only candiadate who has a long record of integrity.

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