The Republican Senators of Georgia are accused of unethical financial transactions, using their insider knowledge to buy and sell stocks during the pandemic.
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Diane Ravitch's Blog by Diane Ravitch is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.
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The corruption in this nation is rife everywhere. There are so many good people, citizens who love America and who were raised to respect rules, to be kind to others and to recognize the important things –the genuine values 00that our ancestors learned through their experiences, and through religion and civics.
But when the riche run the roost, then corruption is the rule… money talks and enormous wealth in the hands of the human animal, has brought down not merely tribes, but entire civilizations. Unfortunately it will bring done a ll life earth.
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Marijuana growers should donate a lot of money to the two Democrats running for the Senate in Georgia. With changes in the federal law, it could be a windfall for them as well as tax coffers. It would even up the Senate and give Harris the deciding vote.
I’m sorry, but I don’t understand this. This is a tweet from a source that you don’t trust, since he was closely associated with the female democrat you were so happy was defeated by Trump in 2016.
But this clip is from 2011, about something from 2008!
I realize how important it is to you that you help the far right Trump loving racists Loeffler and Purdue defeat the evil Democrats Warnock and Ossoff. I realize that you want to normalize the fact that not only did those Trump-loving Republicans work to downplay the pandemic and cost hundreds of thousands of American deaths, but they also PROFITED from their inside knowledge!
I find it odd that you have to go back 12 years to find something even close to looking problematic for Pelosi — I guess you couldn’t find anything more recent to help amplify the right wing propaganda that Loeffler and Purdue did nothing that Democrats don’t do all the time.
Let’s agree that it would be good to forbid politicians from investing in stocks period. But using inside information to profit when you are telling the public exactly the opposite of what is true about a pandemic while you yourself benefit financially from it is beyond reprehensible.
The Christian Science Monitor, on Nov. 15, 2011, provided a comprehensive report on that 2008 IPO that makes it clear it was nothing like what Loeffler and Purdue did. Why are you so determined to normalize what Loeffler and Purdue did? Do you really hate Warnock and Ossoff as much as the Trump alt right hates them? They are the far right’s worst enemies being African American and Jewish. Why change the subject to help two corrupt right wing white Republicans to defeat those democrats?
Well, at least they aren’t SOCIALISTS fighting for frivolous nonsense like universal health care, a living wage, or affordable college for all.
Perfect, Arthur!
Ditto . . . Yay Arthur. CBK
Just as awful as the Gingriches of Georgia.
You can see the financial reports of members of Congress who have traded in stocks. This is a link I just tried. Of course these are public records, filed with stipulations that these reports can’t really be used. You can be sure that some transactions, perhaps the most conspicuously tied to insider knowledge, are not reported. https://efdsearch.senate.gov/search/view/ptr/cac640d3-ddc1-4874-bf2b-352f3bec35ac/
If you wish to contact and Senator here is a link to that information. https://www.senate.gov/general/contact_information/senators_cfm.cfm
These are men who ask not what they can do for their country but what the country can do for them–an inversion of the line that Ted Sorensen wrote for John F. Kennedy (alas, the fate of the ghostwriter, to be forever eclipsed).
So, these Senators are a couple of crooks. What a surprise.
However, while we are on the subject of that line of Sorensen’s/Kennedy’s , consider this. The famous second paragraph of the Declaration of Independence begins as follows:
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.–That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed
“That to secure these rights, Governments are instituted among Men.” In other words, what Jefferson and the founders who signed that document were at pains to emphasize was that government exists to serve the people. And so, the people have every right, under the theory on which this country is founded, to ask what the government can do for them. That’s the whole point of democratic government. That’s why, under this theory that legitimate government derives from the consent of the governed, government exists to secure the rights of the people. The document didn’t say, “People exist to serve the state.” That’s the theory of monarchy and of fascism. And that’s why the Sorensen/Kennedy line about the relation of individuals to the country can’t be read as being about the relation of individuals to the government. In that direction lies idiotic nationalism of the kind one sees in, say, Trump and his cult.
Well-said!
After 40 years of neoliberalism and escalating income inequality, it is time to flip the Sorenson/Kennedy line. We’ll have to see if Biden has the spine to do so.
Biden’s selection of Neera Tanden is NOT encouraging.
It’s disturbing that she has opposed both a living minimum wage and Medicare 4 all. Yikes. How can someone who opposes those call herself a progressive?
Loeffler is the wealthiest member of Congress. Wonder how that happened.
I read an essay about twelve or thirteen years ago about how members of Congress came into office with a net worth of, on average 250K, earned 165K a year, and several years later were worth millions. Such serendipity! All those lucky guesses in the market.
It would be interesting to do the same study today.
No politician leaves office poorer than when (s)he entered. 🤔😮🔔
Are Joe Biden, Kamala Harris, Bernie Sanders, Dick Durbin, Tammy Duckworth, Nancy Pelosi wealthy? 🤔😮🔔