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Old 04-04-2014, 12:12 PM  
Sly
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Join Date: Sep 2004
Location: Austin, TX
Posts: 31,298
Quote:
Originally Posted by crockett View Post
The amount they get paid, isn't why they are millionaires. To be far, most are usually well off already, but if they are t they will be by the time they leave. They have access to insider information and they made the rules so they can act on that information via the stock market.

Meaning if they know a company is going to get a big contract or funding from the govt, they can buy stock before anyone else knows about it. They have the ability to print their own money with this..
If they had to follow insider trading laws like citizens do, far too many of them would be in jail. There have been many many news programs straight out calling out Congressman for insider trading, and proving it, yet nothing can be done.

If they want to play the game, fine, so be it. How dare they bitch about not getting enough perks. Know when to stop holding out greedy hands, just might get chopped off.
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