13 Comments
User's avatar
Rich's avatar

Raytheon bought a local aircraft company Beech Aircraft and ran it into the ground by turning it into a weapons and producing hardware that is apart of illegal surveillance. I seen an interview with the grand daughter of Walter and Olive Ann Beech and she quickly responded to a question and said they are horrified by Raytheon and her grandpa and grandma are rolling over their graves. I agree what was once a company that brought pride to our community is now a part of hearding people around like sheep.

JP Sclafani's avatar

I'm not smart like members of Congress, but isn't this called Conflict of Interest?

Tom's avatar

Republican corruption. They believe they are above the law.

Jeff Bell's avatar

Not just Republicans. The Democrats do things that are similar. They are often a bit more subtle about it, but they are not the clean politicos that the DNC would have us believe.

Tom's avatar

The republicans have the majority and can pass a law stopping their insider trading.

Jeff Bell's avatar

That is absolutely true. Although likely Trump would not sign it.

But I really do not see this as a partisan issue. This is a long term problem that has been harming the credibility and trust in congress for decades. As far as I know, even when they have been in control, the Democrats have never made any real effort to deal with this.

That’ll itch when it dries's avatar

.

Who is investigating this?

Maureen Hatfield's avatar

He is a scum bucket! Investigate the corruption!

Patricia Liechti's avatar

The pay elected Senators and Congress folks receive has already been raised by themselves. They receive premium health benefits and walk away from their terms very enriched. Speaking engagements, book publications, professorships and opportunities not afforded the typical middle or upper manager are theirs for the taking. So, Harold Amos, I would disagree that further incentives to do the work for which they are elected warrants bonus pay! They are not kindergarteners needing stickers for a job well done.

Harold Amos's avatar

Yes, members of congress and their families should be banned from trading stocks. However, the only way to make the ban work is to permit them to raise their base pay above what amounts currently to a middle-management salary. Let's pay them from the government commensurately with the responsibility they hold but with restrictions on stock trading and campaign financing. On top of that, even though it's actually their job, I'd even go for paying big bonuses for passing a budget on time and even bigger ones for balancing that budget.

Jeff Bell's avatar

This is really important. But only if you actually care about living in an honest democratic republic.

Otherwise, feel free to ignore this.

Bleepo's avatar

Insider trading. The rich get richer.

Neal Hugh Hurwitz's avatar

They can all benefit--- we had a guy on a committee for a Senator giving us Cambridge Nuclear at $30 and it was 60 in a week... They know what's happening before we do.

This was in the 1960s!!! Much worse today I imagine.