Holy Crap! Another shady, corrupt politician. Who could have seen it coming?

Eh, pretty much par for the course. It's kind of expected at this point. Actually isn't that a requirement to be an elected official now?

But look on the bright side, with the internet it has become very easy to find out that each and every one of them is dirty. Maybe once more people figure that out, things can change.

Good find though.

Paul Ryan is not the problem in this case and neither is any of the other politicians for that matter, He did what any smart investor would do or would love to do. He had insider information and he took it, because its legal for them to use but not for us the tax payers. So if its legal for him to use and its a huge benefit why not do it, it would be a dumb business decision not to. Of course its morally questionable , but we know when it comes to moral and money who usually wins.

So I don't blame the politicians for legally making as much money as they can by insider trading, hidden loop hole kickbacks,etc.

I blame the ignorant or hopeless mass middle class tax paying Americans who don't demand that the monetary loop holes in Washington for not making that issue number one. Just about every tax payer in America is unpleased with Politicians, are aware of the rampant corruption in Washington, know about the legal insider trading, and yet they want THEIR party and the same people that created the problems for us to fix the issues as well?

Bottom line Paul Ryan did what Nancy Pelosi and her husband have done which makes it two wrongs, but we are allowing them to do it and we are accepting it.

IMO the only way this is going to get fixed is if :
1. Individual Democrats and Individual Republicans realize that the real issues are not created by Party lines but rather by the legal monetary influences allowed among our legislators from the same people they should be legislating.

2. Individual Democrats and Individual Republicans need to come together and demand that the GOP and the DNC do not talk nor try to concentrate on the symptoms(healthcare,economy,medicare,social security,Safety,immigration ,etc, ....). Those industries are broken because Washington isn't making decisions on what is best for the country, but rather they are making decisions what is best for the lobbyist or special interest groups. Get rid off or minimize the monetary influences in Washington and you might be able to come up with solutions on how to fix those industries.

Until that is done nothing is going to get fix because the lobbyist and special interest groups are using the tax payers money as a pool of money to invest , as an insurance policy, and to purchase their goods and services. The system is working perfectly for them , so why would they want to fix it?

This isn't something exclusive to Ryan. It doesn't make it right by any stretch of the imagination and he along with the entire Congress should be held accountable for it. But to call him out specifically just because he is Romney's pick isn't correct either. While it does put him in a position of greater scrutiny, that resulting scrutiny should be brought to bear on all of them collectively. It isn't a partisan issue both sides have done it and done it with a gleam in their eye and a smile on their face while they made money off the public they should be serving.

Let's talk about insider trading, bring Pelosi, Obama, Reid, Frank, Shumer et al to the party please.

How about the day GS announced earnings, stock began to climb and climb until.... Withing 1 hr Obama was on national TV demonizing banks and specifically targeted GS. By the end of day GS was in the tank as were all the banks. This on top of great earnings.

Coincidence? Sure cost me a bundle. What president in the US history has ever done such a thing? Never!

He also told us, at the very bottom of the market, (well within his term) that things would "get much worse before getting better". Market began to artificially climb for the next 3 years with Geithner and Bernanke's pulling all strings. Tell me that isn't manipulation.

go ahead and let's talk about insider trading.

Originally posted by jibeho

The Thread title is a HOAX!!!!!

Yes, I would agree, its slander.

Well, he was in Congress and it was explicitly legal at the time I believe (which is actually unbelievable that Congress would exempt themselves from the law of the land).

Yeesh.. that's some damning info for sure. Not that I'm at all surprised, just that this info should get out there.

Forgive me if I overlooked it, but can his meeting with Paulson and Bernanke be cited to any verifiable source?