politician's stocks do 25% better

DCortez · Jul 16, 2009

If anyone runs across an article about politicians stocks doing 25% better than the average person's, please post it. I heard a small tidbit about it on talk radio today.

Texas1911 · Jul 16, 2009

As much as this sounds like a red flag topic, I would argue alot of it has to do with the relative wealth and information heads-up that many politicians have.

If they were investing on internal info, then that would be illegal.

M. Sage · Jul 17, 2009

So is taking bribes and using their positions to their own benefit, but they do that fairly often, too. Just look at Feinstein's use of insider info for her hubby. She does it all the time, everybody knows about it, and she gets away with it.

81aggie · Jul 17, 2009

Texas1911 said:
If they were investing on internal info, then that would be illegal.

None of our elected officials would do anything illegal :rolleyes:

Texas1911 · Jul 17, 2009

81aggie said:
None of our elected officials would do anything illegal

Of course not, they might have to pardon themselves... and that is so much paperwork. Excuse me while I take a tax-payer funded trip to California to have sex with my mistress on my Congressional approved twin engine jetliner.

Texas42 · Jul 18, 2009

I know that you bail out your buddies, then you retire and your buddies give you a "job" making close to seven figures. . . . . .

Or you just invest heavily in "evironmental" business, then you push huge taxes on "non-environmental" companies, actually giving huge tax breaks to companies that are "earth friendly." By mass action, your stocks are going to do better.

I love politics.