Eric Cantor Stands to Gain Big Time if U.S. Defaults -- Bets Against America

Originally posted by sligtlyskeptical
People elected to office should completely divest themselves from their investments once in office. The argument is that these "great" people would no longer run for office. Sounds like a double win to me.

Idiotic, virtually all posessions are "investments." Holding dollars is an investment, oh no they have a vested interest in a strong dollar... they must give all their money away!

According to his latest financial disclosure statement, which covers the year 2010 and has been publicly available since this spring, Cantor still has up to $15,000 in the same fund. Contacted by Salon this week, Cantor's office gave no indication that the Virginia Republican, who has played a leading role in the debt ceiling negotiations, has divested himself of these holdings since his last filing. Unless an agreement can be reached, the U.S. could begin defaulting on its debt payments on Aug. 2. If that happens and Cantor is still invested in the fund, the value of his holdings would skyrocket.

www.salon.com...

I'd love to se the details of all the other major players too. Should a sitting Congressman be allowed to short the U.S.?