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We need to talk about Wilbur Ross


Hugo Stiglitz

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^^ to Hugo

Well, lots of things.  But Ross and his group were the biggest investor in it.  Vekselberg and Renova Group were the second biggest investor.  And these were not just passive investments.  Ross served as the vice chair of the board. One of the Renova's directors served as chairman. 

Granted, absent any context, there is nothing that seems unseemly about it all.  But considering that Renova's US subsidiary (Columbus Nova) gave Michael Cohen 500k, gave 250k to the Trump inauguration, and 35k to an RNC joint campaign fund, and well, that's a lot of context to consider.      

Edited by Tuco
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Combined number of fucks given by all Trumpkins.....zero.  Blatant corruption throughout his admin is more than justified by those sweet libtard tears. 

 

Edited by Blotto
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8 minutes ago, Pescado_Rojo said:

You know, of all the creepy and punchable faces in this administration, Wilbur Ross looks like he might be the one guy who actually bathes in the blood of aborted fetuses. 

That's child's play compared to what Stephen Miller does in his free time. 

7-things-trump-henchman-stephen-miller-h

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It is a huge problem. For the Executive Branch, these trades are illegal.

For the Legislative Branch - well . . . let's just say they don't give a damn. Two of the swampiest congress critters (Sheldon Whitehouse and Bob Corker) don't appear to care what we think about congressional insider trading.

From a WaPo opinion piece last year:

Of the senators who remain active in the stock market, they have a high propensity for trading stocks in businesses they directly oversee from their committees. From these perches, members of Congress often are privy to information that could directly affect the value of stocks, posing a serious conflict of interest when trading in those markets.

 Sen. Sheldon Whitehouse (D-R.I.), one of the Senate's more prolific players in the stock market, sits on the Senate Subcommittee on Primary Health and Retirement Security as well as the Subcommittee on Privacy, Technology and the Law, all the while trading stocks in the health-care and technology industries. Sen. Bob Corker (R-Tenn.) joins Whitehouse in trading stocks in infrastructure businesses he directly oversees from his position on the Senate Banking, Housing and Urban Affairs Committee. The list goes on of senators playing in the stock markets of industries directly related to their official oversight roles in Congress. 

Politico found a similarly disturbing trend in both chambers of Congress. Politico identified about 30 percent of members of the House and Senate who are currently active in the stock market. Several of these members play in the markets over which they have some direct legislative responsibility — in some cases, even sponsoring legislation that could have a direct bearing on their stock investments. 

Just as problematic, many congressional senior staffers — who have been removed from public scrutiny of their stock-trading activities when Congress eliminated the comprehensive disclosure requirement of the Stock Act — are also trading stocks in industries their bosses directly oversee. Last year, three members of the Senate Judiciary Committee asked the Justice Department whether the drug company Mylan was violating federal drug laws. Nine days later, the Justice Department agreed and levied a massive settlement penalty against the company. After the letter and before the settlement, a senior staffer to the Judiciary Committee dumped between $4,004 and $60,000 of Mylan stock investments.

Such conflicts of interest in stock trading activity are squarely addressed in the executive branch. Senior executive branch officials are required to divest themselves of any stocks and other properties that pose a direct conflict of interest with their official duties. The same ethics standard should apply to Congress — both to members and senior staff. A member of the Senate Armed Services Committee, for example, should not be actively buying or selling stocks in the defense industry.

https://www.washingtonpost.com/opinions/the-truth-about-congress-and-financial-conflicts/2017/10/19/8ea8afd6-b382-11e7-9e58-e6288544af98_story.html?utm_term=.cc1ae105d7a4

 

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23 hours ago, Hugo Stiglitz said:

Pruitt was a great smoke screen.  I’m sure the cabinet misses him and his daily scandals.

It also helped that he had a very very punchable face, second only to Ted Cruz.

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On 8/7/2018 at 3:14 PM, Hugo Stiglitz said:

Pruitt was a great smoke screen.  I’m sure the cabinet misses him and his daily scandals.

Pruitt was no smoke screen.  What he did at the EPA will take decades to undo. We were fortunate he was such a nut that he became a liability.

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If the dems take the House, you have to wonder how it will change the Admin testimonies to House committees.  No more just saying whatever you want to make your boss happy and get thru the committees questions.  You might even see several cabinet officials decide to resign to spend more time with their family.

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If the dems take the House, you have to wonder how it will change the Admin testimonies to House committees.  No more just saying whatever you want to make your boss happy and get thru the committees questions.  You might even see several cabinet officials decide to resign to spend more time with their family.

Make no mistake Ross is walking Trump
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