They are all bums…..they are all liars………they are all crooks……and they are all corrupt…….you have heard this all before….no matter which party you lean to…..the other is all a bunch of crooks and liars……Personally, I have been saying it for at least 30 years….maybe more……but now……there is some validity to the accusations……….
Voters are more convinced than ever that most congressmen are crooks.
A new Rasmussen Reports national telephone survey finds that 46% of Likely U.S. Voters now view most members of Congress as corrupt. That’s up seven points from June and the highest finding yet recorded. Just 29% think most members are not corrupt, and another 25% are not sure…
Similarly, a whopping 85% of voters think most members of Congress are more interested in helping their own careers than in helping other people. That’s a record high for surveys stretching back to early November 2006. Only seven percent (7%) believe most of the legislators are more interested in helping other…….
Could it be that the voter is just pissed at Washington….well, yes and no……I will tell you why I say yes…..
I recently wrote a piece about the insider trading being committed by members of Congress……..
Four university researchers examined 16,000 common stock transactions made by approximately 300 House representatives from 1985 to 2001, and found what they call “significant positive abnormal returns,” with portfolios based on congressional trades beating the market by about 6 percent annually.
What’s their secret? The report speculates, but does not conclude, it could have something to do with the ability members of Congress have to trade on non-public information or to vote their own pocketbooks — or both.
The researchers, Alan J. Ziobrowski of Georgia State University, James W. Boyd of Lindenwood University, Ping Cheng of Florida Atlantic University and Brigitte J. Ziobrowski of Augusta State University, noted that the circumstances are ripe for abuse.
“In the course of performing their normal duties, members of Congress have access to non-public information that could have a substantial impact on certain businesses, industries or the economy as a whole. If used as the basis for common stock transactions, such information could yield significant personal trading profits,” they wrote.
So members are getting rich trading on information that the rest of us do not…….that is illegal…it is called insider trading…..the SAME thing that Martha Stewart was convicted of doing…..so why has the media NOT made a bigger deal out of this…..I mean Wiener’s wiener was NOT illegal…insider trading is…..why is the justice dept not investigating?
And then there is the investments of the House majority leader, Eric Cantor….while what he is doing is NOT illegal….it is a conflict of interests with his duties as the majority leader…..
Debt ceiling negotiations were shut down by House Majority Leader Rep. Eric Cantor (R-Va.) last week. This raised renewed fears that the U.S. is on the verge of total credit default, and it raised a question as to whether Cantor – the GOP’s key operative in debt ceiling talks – has a “glaring” conflict of interest. According to Salon, Cantor may be fighting against government credit default in Congress, but he’s personally invested in a mutual fund that will “skyrocket” should default occur.
SO one of the so-called “geniuses” of the GOP is betting against the country as he negotiates the economy situation……is that about it? And the media has not jumped on this story either….they had rather let Nancy Grace’s head explode or report on a runaway Chihuahua…than focus on the real problems with this country…..it is ruled by criminals and liars…..you would think the justice dept would be all over a report like this….you would think!
All this is sickening! These people are corrupt and crooks and especially liars…..the sooner we find a way to replace these criminals the better….at this point I am open to anything for a real change…..
I’ve been saying the same things about our politicians for a long time as well. This is one of the major reason I’m for term limits in congress — when the child can’t play nice with the toy, you take it away. There are WAY too many conflicts of interest in a group charged with protecting the public. The longer they stay, the higher the chances they will (not can) make abuses).
Hi BMR and welcome…..I agree completely and here are a couple of post I have had on the subject of term limits…..
http://lobotero.wordpress.com/2011/07/25/could-it-be-term-limits-again/
http://lobotero.wordpress.com/2011/07/14/we-must-challenge-the-system/
http://lobotero.wordpress.com/2010/04/16/we-need-election-reform/
I case you had not seen them….and thanx for adding me to your blog….I will do same……hope you stop by often….chuq
I apologize as this is not my first time, I should have introduced myself — I used to post regularly to you with an old blog with the initials L.E. I’ve read and agree with your posts on this issue (although not on all others). The abuses I’ve watched go on, whether it’s Barney Frank’s nepotism and ethical sliminess, the no-bid contract awarded to Halliburton (Cheney), to the FOAs (Friends Of Angelo — Countrywide Mortgage) have made me lose full faith in all of Congress. I often wonder if you have to be corrupt just to want to run.
Cool! Then welcome back….always great to have return visitors……I agree…the only one that is worth listening to is Bernie Sanders….but he is a lone voice in that petrified forest…..
The media won’t run with it because more people care about runaway chihuahuas and Nancy Grace’s head exploding (one can dream) than politics.
Spinny…you are right…and that is just so sad on so many levels…..
If our country was going to hell in a hand basket, congress would buy stock in hand baskets rather than do anything to stop it.
Oh wait, based on the info you provided, that is exactly what is happening with Cantor and his shadiness.
Ok, jokes over. I would guess the “Big” media is avoiding this story because of the individual bias in the news world. Neither side wants to expose the other because both sides are guilty. I know that sounds simplistic but why waste airtime on something that damns your guy too. Just sweep it under the rug and stick to the important stuff like JLOs divorce.
Good post chuq
Thanx Phillip……the Congress was gonna investigate Wiener’s wiener but not this? This is why our system is crumbling quickly.
We-ell… good post, but why do you need evidence to prove something that is as obvious to the whole world as night is dark, day is light, or politicians are f*cking crooks?
I mean… it’s a “given” isn’t it? 😈
There are still those that think these guys are so much more that that….I want them all to get their heads out of their butts and see just who these people really represent….I try…..