CBS 60 Minutes : Congress Trading Stocks on Inside Info (Boehner, Pelosi,Bachus) Part 2 of 2

Posted by

****** Important information below. from politico.com ’60 Minutes’ on ” Honest Graft’ CBS’ 60 Minutes went after Speaker John Boehner (R-Ohio), House Minority Leader Nancy Pelosi (D-Calif.), and Financial Services Committee Chairman Spencer Bachus (R-Ala.) in a Sunday story covering allegations of insider trading and “soft corruption” by powerful members of Congress. 60 Minutes based its report, which also focused on former Speaker Dennis Hastert (R-Ill.) and ex-Sen. Judd Gregg (RN.H.), on research by Peter Schweizer, a fellow at the conservative Hoover Institution. Schweizer said he and his team of eight student researchers found “forms of honest graft” by lawmakers. “So it’s not illegal, but I think it’s highly unethical, I think it’s highly offensive, and wrong,” Schweizer told 60 Minutes of what he discovered. Schweizer was a speechwriting consultant for former President George W. Bush and helped write a book with conservative commentator Glenn Beck. He is also listed as the editor of website run by conservative journalist Andrew Breitbart. Schweizer’s official bio at the Hoover Institution says he is a “former consultant to NBC News” and has “also served as a member of the Ultraterrorism Study Group at the US government’s Sandia National Laboratory.” The allegations regarding Bachus, Hastert and Gregg covered by 60 Minutes are several years old and have received extensive media coverage already. Bachus, as ranking member of the Financial Services Committee, traded
Video Rating: 4 / 5

Related Posts

Post Title: CBS 60 Minutes : Congress Trading Stocks on Inside Info (Boehner, Pelosi,Bachus) Part 2 of 2
Author:
Posted: 29th January 2012
Filed As: Trading
Tags: , , , , , , , ,
You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

25 Opinions have been expressed on “CBS 60 Minutes : Congress Trading Stocks on Inside Info (Boehner, Pelosi,Bachus) Part 2 of 2”. What is your opinion?
  1. Boomer1941 says:

    @DickOPlenty
    You’re too polite,? why don’t we just call them Thieves and Liars.

  2. ElDiabloWhoppo says:

    Republican or Democrat it doesn’t make a difference as long as they get paid

    Green is the? only color that matters

  3. DickOPlenty says:

    circle of corruption? = politicians, political lackeys, lobbyists, tv pundits, big corporations

  4. truthtify321 says:

    Nancy Pelosi? lied and made a ton of money

  5. truthtify321 says:

    the point is Nancy Pelosi knew insider information which 99 % of americans didn’t unbelievable
    Nancy Pelosi LIED and said she didnt act on the information? and made a ton of money!

  6. HotBombs99 says:

    This is why America? is over, collapse of the dollar is near. Pull out all your IRAs, 410Ks, Stocks, Bonds, etc. Turn it into real assets. Long term Food stores, Water Collection Systems, Solar Power Systems, Guns, Ammo, Farming Land & Tools, Gold, Silver, Etc., In that order, be ready in early 2012 food riots, crime because of no money no hope. Prepare or Starve and die. Repent, times ahead will be mind blowing.

  7. Nairuulagch says:

    So congress has become Wall Street gang,? unbelievable.

  8. HellsBellsCustoms says:

    @MrJeggus While I can agree with you on part of your opinion, that “they are all crooks and liars and must all go”. Dr. Paul can never? be bought by corporations or lobbyists, because he has only one “master” that he follows, The Constitution. Check him out, read deeper into his message and you’ll see, he is truly different. He IS our only Hope.

  9. chuck9788 says:

    “And that’s that”- Nancy? Pelosi

    At 2:02 Pelosi cut’s and runs. The pathetic coward refused to do an interview with “60 Minutes” for fear of being exposed.

  10. PistolPackingPatriot says:

    The french have a word for people like Nancy Pelosi, and our current form of government. I’m not sure how to spell it, but it’s pronounced “CRIMINAL” Wake up, America.? Search and watch the video here on YouTube: “The Tiny Dot.”

  11. sushigrooves says:

    @americanbunker Great piece? in the Weekly Standard that’s built on the same premise. Makes sense when you think about it. We don’t need occupy wall street, we need occupy East Capitol St.

  12. RedroomStudios says:

    nevermind those “tighter” proposed rules for congressional stock trading… they should not be allowed to own stock period. They are making policy – there is no way that they can? separate their personal interest from the situation! this is beyond sickening! these professional criminals need to be publicly executed!

  13. safewaysecurity says:

    Pelosi is disgusting and she’s such a liar. People of San Francisco thinks she fights for the people but she’s one of the richest members of congress? and she didn’t get there through free market capitalism and hard work.

  14. juanito10025 says:

    Write to? your representatives ” support the stock act” .

  15. MrJeggus says:

    When are people going to realize that there is no right and left anymore. They get their funding from the same people and corporations and they are all crooks and liars. They are all in on it and they all must go. Even Ron Paul is tainted. Because in the end? he too will do his masters bidding!

  16. olikat8 says:

    Remember,too, these are from the folks who are going to bring you healthcare- if you? think it will be great for Americans, why did they opt themselves out of it? If you scarificed and did what you had to do for a useful education, remember, these folks and their staffer’s (and family) get free tuition…well, free to them- you and I get to pay for it and get this ‘stellular’ leadership from them in return.

  17. LeLoupDriveIn says:

    I spread the peace for the Americas, thank you, these pictures of moving are good

    why the facebook so evil? it choose to? be bad

  18. mrjdl1971 says:

    It would be nice to be able to make money by shorting a stock and knowing a company’s stock will drop by being a Congressman and just floating a rumor that Congress is going to call that company’s CEO to a hearing before Congress. So much for just creating a piece of legislation that would hurt an industry then having that industry’s lobbyist come give you campaign $ to stop that legislation. Now members of Congress want the $ to go? in their pockets and not just their campaign.

  19. glocestersteve says:

    Forget Wall street…they are just the Prostitutes. Go after the Pimps and Gangsters in Washington; Govt. and the FED.
    Occupy? THAT!

  20. specultr says:

    Perp walk? them all.

  21. jim1088 says:

    @alfano109 I? agree

  22. americaisbacktrump says:

    @americanbunker? Tea Party people are generally older people who want low taxes, less government and more wars for Israel. They are fairly dumb like the liberals, and few have even heard of the new world order or the dangers of the federal reserve.

  23. daggertoungeomega says:

    it’s? time for the cameras to start flashing.

  24. daggertoungeomega says:

    they defile other faiths such as islam and keep an eye on everybody even each other. the investigation that i? have launched on these fools have yielded a lot of evidence over the next few days it will all start coming out let the light shineth upon these leaders who are ironically sleeping in bile.

  25. daggertoungeomega says:

    people have a lot of nerve calling people dirty unamerican etc. but the fact is that whats going on here is bigger than america its bigger than big brother it’s bigger than world goverments,we have leaders and sheep. leaders with no respect for life have the nerve to value thier life higher than a child starving to death in africa higher than an american who paid taxes all their life now unemployed who are called filthy. they go to churches and approve the? murder of countless people.