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The Democratic senator from New York has proposed a new version of a bill to outlaw insider trading by members of Congress that would, in effect, make it completely legal for members of Congress to engage in insider trading. In other words, it does the opposite of what it the bill intended to do.
wow jt and pg has this hit a nerve? There must be something to it if you are so excited! And look, deflecting already! We are only on page 2 of this thread!
wow jt and pg has this hit a nerve? There must be something to it if you are so excited! And look, deflecting already! We are only on page 2 of this thread!
How did that hit a nerve? The fact that you think the 2008 recession was "insider information"? Clearly you couldnt be that far outside of the loop to not know what the rest of the world knew?
How is it deflection to point out that there was no insider knowledge needed to know what we all knew, which is that we were in a recession in 2008? Maybe you lefties are a little slower than the rest of us.
According to that source, Ryan attended a closed meeting with congressional leaders, Bush's Treasury Secretary Henry Paulson, and Federal Reserve Chairman Ben Bernanke on September 18, 2008. On that very same day, Paul Ryan sold shares of stock he owned in several troubled banks and reinvested the proceeds in Goldman Sachs, a bank that the meeting had disclosed was not in trouble.
Classy guy. Almost as classy as squirreling money into "off shore investments" instead of reinvesting in America!
And by refusing to release any tax records prior to 2010, he can avoid public disclosure of that slick deal.
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