Praise for Republicans in Congress Making Good Stock Market Trades

[Johny Joe Hold]

Democrats are having a cow because Republican House Member Pat Fallon sold a stock just before it went into the tank. That is smart investing, not something crooked.

The whiners who wish they would have done what our friend Pat did are complaining because Pat is on the House Armed Services Committee. There were briefings from the Pentagon. After the briefings Pat sold the stock of a company that had big defense contracts. Just after he sold the Pentagon announced it was ending a contract with the company Pat had sold. This is what made to stock price fall.

Have the whinners ever heard of capitalism? That is what the stock market is. In capitalism there are buyers and sellers. He sold the stock, end of story.

Our country should be talking about the stolen election, not some silly stock sale.

GOP Rep. on cyber committee dumped MSFT stock shortly before $10B Pentagon contract was scrapped | Salon.com

[Dr. Anthony J. Toole]

Re: Praise for Republicans in Congress Making Good Stock Market Trades

That's smart. If people don't see any benefit from improving themselves then they will sit on their behinds in subsidized rent apartments, eating government cheese and wasting their potential. Get smart and shiv the losers.

[MitzaLizalor]

Re: Praise for Republicans in Congress Making Good Stock Market Trades

Have I read correctly? Or are my eyeballs playing up due to this delicious hot pot, served with rice, home-made flat bread things, some heritage variety lemons, little bit of coriander and crisp fresh lettuce sliced (not too thin)?

Of course for someone to buy stock in an outfit unable to keep up with market demands, bridle manufacturers in the 1910's say, well they should have looked around and seen the Chevrolets. For example, to confirm my assumption I just looked up some dates.

1911 Chevrolet
1903 Ford
1902 Cadillac
1902 Studebaker 1902/1904
1909 Bugatti
1883 Mercedes-Benz 1883/1901 (first model: 1886)
1909 Русско-Балтийский вагонный завод

OK, a good selection there and YES they could have done what I suggested assuming the decade went from 1911-1920 due to there's no year 0.

That took about the time it takes to make some fresh coffee, this week a lovely Ethiopian "Harar" which I roast myself in a wok and grind using no metal, the stone mortar itself coming from the same region as the coffee beans. Another investment opportunity. Cranks must be prepared to pay through the nose for that sort of spec., personally I'd go to Africa and get one there together with the wood pestle just so as to not frighten the coffee beans which clearly I'm not going to source from a coffee-snob outlet. That's where the investment opportunity would be and I've done my homework exactly as our bridle speculator should have and as Fallon clearly did.

Going back to the 1910's for a moment, looking around, seeing a few good decades of solid improvements in reliability, performance, an emerging popularity with trend setters swanning around in their Chevrolets, Fords especially after 1903, Cadillacs, Studebakers, Bugattis, Mercedes-Benz from 1901 and play your cards right you could be first on the scene with a zingy new Русско-Балтийский вагонный завод

Zinnea: “I think a man who drives is very attractive.”
Felix: “Thank you what a lovely brooch.”
Zinnea: [titters] - “(incomprehensible) . . is that a Stutz, production commencing 1911?”
Felix: “No. It's a Русско-Балтийский вагонный завод.”
Zinnea: “What are you doing later this evening?”

is one supposed to think, ‘‘hmmm, clearly this is the way forward and bridles will have a very limited (but probably luxury) appeal henceforth; yes, a very few companies will stay in that market but my knowledge gives me an advantage others may not have so I'll dump my inheritance in .. .. in .. .. .. .. bridles! ’’ really? Is that how anyone gets ahead? Why bother doing homework at all?

Matthew 13:11-12 He answered and said unto them [Jesus speaking] Because it is given unto you to know the mysteries of the kingdom of heaven, but to them it is not given. For whosoever hath, to him shall be given, and he shall have more abundance: but whosoever hath not, from him shall be taken away even that he hath.

A man who is prudent with his little all, one would imagine, is better to be trusted with larger matters than some profligate who acts against the evidence of his own eyes and invests in bridles. Certainly there have been places where ignorance was prized and decision makers ran everything past the commie agenda for clearance. Five year plans did include bridle factories even though trains already existed and the Tsar was forward-looking with a decent garage. So they shot him and propped up the bridle industry. Is that really a model to follow? I did some more homework just to make sure.

PREP 1 –› https://www.alexanderpalace.org/palace/impgarage.php

PREP 2 –› https://tsarnicholas.org/2021/02/03/the-fate-of-nicholas-iis-favourite-motorcar/

[handmaiden]

Re: Praise for Republicans in Congress Making Good Stock Market Trades

Seems to me that this fellow, Fallon, was just following the Bible. Of course, that sort of spiritual observance will always outrage the Democrats.


Matthew 25: 29-30
For unto every one that hath shall be given, and he shall have abundance: but from him that hath not shall be taken away even that which he hath.

And cast ye the unprofitable servant into outer darkness: there shall be weeping and gnashing of teeth.

The Lord expects His followers to make a profit, people! This Congressman Fallon would have been in direct disobedience to God if he had done anything other than what he did do. Why do the evil Liberals want this poor man cast into darkness? How cruel can someone be?

[MitzaLizalor]

Re: Praise for Republicans in Congress Making Good Stock Market Trades

What an upside down world we live in. What's being proposed is the very opposite of what Jesus advised. He's so clear on this topic even including consequences for the loser(s) and I wonder how those selective types who ignore anything Jesus said if they don't like it twist this to fit their agenda?

The Bible is not a smörgåsbord where you think, “That ham looks quite nice with some carrots maybe, but the eggs are well off, I'm not touching those,” as if Jesus could proffer any but the best advice! Not only should the wise prosper but imprudent or merely cautious investors should be punished over and above any financial loss. Perhaps they imagine that Matthew misheard Jesus or was sneezing at that moment and got the words mixed up? Again, by what standard should the wise investor be assessed? Bear in mind that this is an illustration from common experience to explain something either not understood or overlooked previously. I've made a little flow chart to demonstrate Christ's comparison.

Christians emulate Jesus, and He expects us to multiply the blessings He's poured out on us. The servant carrying on The Master's project most effectively represents Christians who share The Good News about God (represented by The Master) but the timid stakeholder——although not actually losing the capital——nevertheless came in for a frank and forthright appraisal.

Matthew 25:26-28 His lord answered and said unto him, Thou wicked and slothful servant, thou knewest that I reap where I sowed not, and gather where I have not strawed: thou oughtest therefore to have put my money to the exchangers, and then at my coming I should have received mine own with usury. Take therefore the talent from him, and give it unto him which hath ten talents.

Can you even imagine what would happen if this benighted servant lost the talent? Or made some dumb investment and run up legal bills? The message for Christians is clear but the criticism being reported for a sound investment in this case suggests an agenda strongly opposed to Jesus and the policies He chose to represent His expectations.

The wise servant today is looked at askance.

Jesus uplifted the dividend all the way to eleven.

[WilliamJenningsBryan]

Re: Praise for Republicans in Congress Making Good Stock Market Trades

Surprise? Members of congress seem to always exempt themselves from leglistation that the rest of us have to obey - that's why they call it the "swamp".

Not only is the pope supplying Pelosi with wafers for baby killing, but it seems that the pope has also given her dispensation from being flogged by Jesus for money changing in the Temple.

Nancy and Paul Pelosi Making Millions in Stock Trades in Companies She Actively Regulates

The Speaker, already one of the richest members in Congress, has become far richer through investment maneuvers in Big Tech, as she privately chats with their CEOs.

. . .

House Speaker Nancy Pelosi (D-CA) is the sixth-richest member of Congress, according to the most recent financial disclosure statements filed in 2019. As the California Democrat has risen through party ranks and obtained more and more political power, her personal wealth has risen right along with it. Pelosi “has seen her wealth increase to nearly $115 million from $41 million in 2004,” reports the transparency non-profit group Open Secrets. Even by the standards of wealth that define that legislative body — "more than half of those in Congress are millionaires” — the wealth and lifestyle of the long-time liberal politician and most powerful lawmaker in Washington are lavish.

. . .

The sector in which the Pelosis most frequently buy and sell stocks is, by far, the Silicon Valley tech industry. Close to 75% of the Pelosis’ stock trading over the last two years has been in Big Tech: more than $33 million worth of trading. That has happened as major legislation is pending before the House, controlled by the Committees Pelosi oversees, which could radically reshape the industry and laws that govern the very companies in which she and her husband most aggressively trade.

. . .

To underscore the towering conflict of interest at the heart of Speaker Pelosi's self-enrichment, consider the company in which the Pelosis traded most often: Apple. Buying and selling in that one company accounted for 17.7% of the Pelosis’ overall trading volume. And yet, during this same period, Pelosi held at least one private conversation with Apple CEO Tim Cook about the state of Apple and possible effects on the company from various pending bills to reform Silicon Valley.

On June 22, The New York Times reported on “a forceful and wide-ranging pushback by the tech industry since the (antitrust reform) proposals were announced this month.” In particular, “executives, lobbyists, and more than a dozen think tanks and advocacy groups paid by tech companies have swarmed Capitol offices, called and emailed lawmakers and their staff members, and written letters arguing there will be dire consequences for the industry and the country if the ideas become law.” But one of the most important steps taken against these bills was a personal call placed by Apple's CEO directly to Pelosi:

In the days after lawmakers introduced legislation that could break the dominance of tech companies, Apple’s chief executive, Tim Cook, called Speaker Nancy Pelosi and other members of Congress to deliver a warning. . .. When Mr. Cook asked for a delay in the Judiciary Committee’s process of considering the bills, Ms. Pelosi pushed him to identify specific policy objections to the measures, said one of the people.

. . .

Multiple times over the last several years, serious questions have been raised about stock positions taken by the Pelosis that turned out to be immensely profitable under suspicious circumstances. Perhaps the most disturbing was a report from Bloomberg News last Wednesday and another from days earlier by Fox Business that documented how Pelosi's husband purchased highly risky options in Google, Apple and other tech companies back in February, 2020, right before the market began plunging due to the COVID epidemic and right before the House, led by his wife, was set to introduce new legislation to regulate those same tech companies.

Yet even as the prices in several of those companies plummeted, Paul Pelosi held onto them, only to sell them last June at a massive profit. His option sales on Google alone netted more than $5 million for the couple.

. . .

[MitzaLizalor]

Re: Praise for Republicans in Congress Making Good Stock Market Trades

Things certainly go downhill once heretics get involved. It almost seems as if there's no obligation for them in legislation that protects them while for their sources of revenue those same statutes oblige them to comply with all sorts of regulations the chief heretics never encounter, whilst providing no protection at all.