I agree with the conventional wisdom that congressmen spend entirely too much of their time raising money. Like many viewers, I cringed at John Oliver’s dialing-for-dollars exposé featuring former Democratic Congressional Committee chairman Steve Israel—who described how our nation’s legislators act like telemarketers, sitting in squalid cubicles not far from the Capitol to call strangers and read a scripted pitch for money.
It has been more of the same this morning as the dollar extended its advance on the still undeteremined Trump reflationary policy measures after Yellen signaled an interest-rate hike could be imminent, while bond yields around the globe rose again, metals declined, European stocks advanced and futures were modestly in the red just shy of all time highs.
Submitted by Mike Krieger via Liberty Blitzkrieg blog,
Submitted by Mike Krieger via Liberty Blitzkrieg blog,
Back in December the topic of insider trading by prominent members of Congress hit new highs when as we reported at the time a "Prominent Tennessee Senator Fails To Disclose Millions In Hedge Fund, Real Estate Investments." The politician in question, Tennessee republican Senator Bob Corker, who according to Roll Call was recently the 23rd richest member of Congress...
... and the company under focus: a Tennessee-based REIT, CBL & Associates.