President Trump's Cabinet?

#751
#751
lawgator1 said:
It's not about his thinking. It's about his blatant abuse of his position in Congress to enrich himself illegally.

Trump ran on a platform of draining the swamp, of dismantling the rigged system in Congress. This guy bought shares in stock, then very shortly after proposed legislation to help that company. He has prior dealings with companies where he took advantage of his position to make dollars.

Possibly worse, it looks like he lied to the transition team about this. Trump's team put out an explanation of how it occurred, claiming that the broker directed this trading fund with no input from Price. That was TOTALLY FALSE. Price tried to dodge the issue by repeatedly saying the broker did it, but when cornered had to admit he personally told the broker to buy THAT stock.

Drain the swamp? How about starting with this guy.
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Fake news, shill
 
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#753
#753
Price withdrawal over a $2000 stock trade? Lol No. Maybe next time don't run a sickly, crooked felon with a horrible personality who surrounds herself with pedos
 
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#754
#754
lawgator1 said:
It's not about his thinking. It's about his blatant abuse of his position in Congress to enrich himself illegally.

Trump ran on a platform of draining the swamp, of dismantling the rigged system in Congress. This guy bought shares in stock, then very shortly after proposed legislation to help that company. He has prior dealings with companies where he took advantage of his position to make dollars.

Possibly worse, it looks like he lied to the transition team about this. Trump's team put out an explanation of how it occurred, claiming that the broker directed this trading fund with no input from Price. That was TOTALLY FALSE. Price tried to dodge the issue by repeatedly saying the broker did it, but when cornered had to admit he personally told the broker to buy THAT stock.

Drain the swamp? How about starting with this guy.
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I don't think that disqualifies him. He has a unique perspective from doctor to management to legislature. He has done a lot of good.

In my eyes, at least, The medical field is a different animal on the issues your taking with him. Coal, manufacturing luxury items aren't developments that can have a grand impact past money. Health can have an impact that does a substantial amount of good. If he created legislation that made it easier to fund and develop a cure to a disease, can you really get on a insider trading soapbox?

Pension plans/retirement are a mix so his ownership of big tobacco is a non-issue. I can easily skate through my career without knowing the specific stocks that I own via my company's plan. I just choose to inquire on it but that's not the majority of employees.

All jmo. DeVos, however, seems to not be as qualified. I'd like someone who is more privy to her credentials to advise on her qualifications.
 
#755
#755
lawgator1 said:
It's not about his thinking. It's about his blatant abuse of his position in Congress to enrich himself illegally.

Trump ran on a platform of draining the swamp, of dismantling the rigged system in Congress. This guy bought shares in stock, then very shortly after proposed legislation to help that company. He has prior dealings with companies where he took advantage of his position to make dollars.

Possibly worse, it looks like he lied to the transition team about this. Trump's team put out an explanation of how it occurred, claiming that the broker directed this trading fund with no input from Price. That was TOTALLY FALSE. Price tried to dodge the issue by repeatedly saying the broker did it, but when cornered had to admit he personally told the broker to buy THAT stock.

Drain the swamp? How about starting with this guy.
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I think that you need to recheck your CNN story. The brokerage account was handled by Morgan Stanley and $2,697 of Zimmer Biomet stock was purchased for Price by his broker in a periodic rebalancing of his account. He was informed of the trade after he co-sponsored a bill which would be favorable to the company that made artificial hips and knees.

If you had a brokerage directed account like Price does, and like I do, you would know that you have no say on what is bought or sold. I couldn't help but notice yesterday that Elizabeth Warren referred to the broker as "she." Whether or not it was a she, or whether Warren uses she instead of he, who knows?


Each time that you start another thread bashing Trump, I get more and more convinced that you are a paid shill for the Democratic Party that posts innuendo, half truths, and blatant lies to try to poison the opposition. I have read that they have people like you, with free time on their hands, who are paid internet trolls. I think that you are fed topics daily, and given a script to start various threads. I see similar threads on different forums.
 
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#756
#756
VolsNSkinsFan said:
Price withdrawal over a $2000 stock trade? Lol No. Maybe next time don't run a sickly, crooked felon with a horrible personality who surrounds herself with pedos
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Classic partisan, internal rationalization of unethical behavior while deflecting to the asinine.

No sane person believes it was or will be the last time this skidmark of a Congressperson will use his position for monetary gain.
 
#757
#757
Septic said:
Classic partisan, internal rationalization of unethical behavior while deflecting to the asinine.

No sane person believes it was or will be the last time this skidmark of a Congressperson will use his position for monetary gain.
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Morgan Stanley purchased 70 different stocks in Price's account that day in a periodic rebalancing of his account. A grand total of 26 shares of Zimmer Biomet for $2,697. He has a net worth of $10 million.
 
#758
#758
1972 Grad said:
Morgan Stanley purchased 70 different stocks in Price's account that day in a periodic rebalancing of his account. A grand total of 26 shares of Zimmer Biomet for $2,697. He has a net worth of $10 million.
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I think this is a case of making a mountain out of a mole hill. I honestly don't care if he did it by his own choice for the reasons I stated above.
 
#759
#759
1972 Grad said:
Morgan Stanley purchased 70 different stocks in Price's account that day in a periodic rebalancing of his account. A grand total of 26 shares of Zimmer Biomet for $2,697. He has a net worth of $10 million.
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You should also look in to his dealings with congressman Chris Collins and Innate Immunotherapeutics.

I find it ironic how people can bash Clinton for getting rich by using her political position (she did) and then whistle past the grave yard on this.

I'm not sure what's more ridiculous, that there is so much corruption in Washington or that people are willing to internally rationalize it away depending on the letter behind the culprits name.
 
#760
#760
Septic said:
You should also look in to his dealings with congressman Chris Collins and Innate Immunotherapeutics.

I find it ironic how people can bash Clinton for getting rich by using her political position (she did) and then whistle past the grave yard on this.

I'm not sure what's more ridiculous, that there is so much corruption in Washington or that people are willing to internally rationalize it away depending on the letter behind the culprits name.
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This goes for Hillary too... should politicians not have the ability to buy stocks and take personal interests? I'm interested in your answer.
 
#761
#761
Septic said:
You should also look in to his dealings with congressman Chris Collins and Innate Immunotherapeutics.

I find it ironic how people can bash Clinton for getting rich by using her political position (she did) and then whistle past the grave yard on this.

I'm not sure what's more ridiculous, that there is so much corruption in Washington or that people are willing to internally rationalize it away depending on the letter behind the culprits name.
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He has a net worth of $10 million because he is a doctor. The stock purchase was 26 shares for $104 a share. It is now $115. I don't know if he still owns it or not, but if so, he is up $276 in almost 3 years.
 
#762
#762
utvols88 said:
This goes for Hillary too... should politicians not have the ability to buy stocks and take personal interests? I'm interested in your answer.
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He doesn't even control what stocks are bought. I have the same kind of account. I find out what they buy and what they sell after it's done.
 
#763
#763
utvols88 said:
This goes for Hillary too... should politicians not have the ability to buy stocks and take personal interests? I'm interested in your answer.
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I'm glad you're interested in my answer. :thumbsup:

No, I don't believe that any government official should be able to trade stocks or otherwise purchase interest in areas where their position as a legislator could affect the valuation of said companies.

Public officials shouldn't be getting rich by using their influence or insider knowledge. I also don't believe that they shouldn't be able to trade, it should just be done under a blind trust and under the watchful eye of a ethics office that has the teeth to act.
 
#764
#764
1972 Grad said:
He doesn't even control what stocks are bought. I have the same kind of account. I find out what they buy and what they sell after it's done.
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I get that I just wanted to present the worst case and see what his answer would be. I dont have a problem because he has to convince others to vote for a bill with his interests so it's not like he makes arbitrary decisions and it goes through unchecked.
 
#765
#765
Septic said:
I'm glad you're interested in my answer. :thumbsup:

No, I don't believe that any government official should be able to trade stocks or otherwise purchase interest in areas where their position as a legislator could affect the valuation of said companies.

Public officials shouldn't be getting rich by using their influence or insider knowledge. I also don't believe that they shouldn't be able to trade, it should just be done under a blind trust and under the watchful eye of a ethics office that has the teeth to act.
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But if it's their money, it's hard to convince anyone that a blind trust and severe restrictions is the proper way to go. Term limits may solve most of this because it'll freeze accounts for only 6-12 years depending on the limit number.

I get what you're saying though. Both sides have pretty legitimate arguments to be pure one way or the other.
 
#766
#766
Septic said:
I'm glad you're interested in my answer. :thumbsup:

No, I don't believe that any government official should be able to trade stocks or otherwise purchase interest in areas where their position as a legislator could affect the valuation of said companies.

Public officials shouldn't be getting rich by using their influence or insider knowledge. I also don't believe that they shouldn't be able to trade, it should just be done under a blind trust and under the watchful eye of a ethics office that has the teeth to act.
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I agree with your main points, but I don't think it is possible to determine how every business would be impacted by a legislator's actions. Also, mutual funds would own most of the decent stocks, so could they not own shares of mutual funds?
 
#767
#767
utvols88 said:
But if it's their money, it's hard to convince anyone that a blind trust and severe restrictions is the proper way to go.
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I disagree, no one is forcing them to be a public official. Life is made of choices. In my scenario, they would have absolute freedom to do whatever they wish with their money - just not as a legislator that influences laws that could benefit "their" companies stock or otherwise hurting others.
 
#768
#768
Septic said:
I disagree, no one is forcing them to be a public official. Life is made of choices. In my scenario, they would have absolute freedom to do whatever they wish with their money - just not as a legislator that influences laws that could benefit "their" companies stock or otherwise hurting others.
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That's why I said term limits would fix it. Now it's a potential long career and to have those restrictions for decades would be a tough argument. If they only have 8 years max, it'd be significantly easier. I'm a supporter of term limits in all elected government positions.
 
#769
#769
utvols88 said:
That's why I said term limits would fix it. Now it's a potential long career and to have those restrictions for decades would be a tough argument. If they only have 8 years max, it'd be significantly easier. I'm a supporter of term limits in all elected government positions.
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Terms should be limited by bad behavior, the problem is no one has the testicular fortitude to admit that "their guy" is part of the problem. It's always someone elses fault...
 
#770
#770
1972 Grad said:
He has a net worth of $10 million because he is a doctor. The stock purchase was 26 shares for $104 a share. It is now $115. I don't know if he still owns it or not, but if so, he is up $276 in almost 3 years.
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So much money!!!
 
#771
#771
Septic said:
Terms should be limited by bad behavior, the problem is no one has the testicular fortitude to admit that "their guy" is part of the problem. It's always someone elses fault...
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You realize that posting in the PF would go down at least 97% if everyone believed what you typed there.
 
#772
#772
Septic said:
You should also look in to his dealings with congressman Chris Collins and Innate Immunotherapeutics.

I find it ironic how people can bash Clinton for getting rich by using her political position (she did) and then whistle past the grave yard on this.

I'm not sure what's more ridiculous, that there is so much corruption in Washington or that people are willing to internally rationalize it away depending on the letter behind the culprits name.
Click to expand...

Any politician getting rich off or their office is wrong but at least Price wasn't accepting 7 figure donations from foreign leaders while SOS. That's a wee bit over that line.
 
#773
#773
hog88 said:
Any politician getting rich off or their office is wrong but at least Price wasn't accepting 7 figure donations from foreign leaders while SOS. That's a wee bit over that line.
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He bought $100k in stock based on insider information only to see the value soar. And that's only what we know about.

What he did was unethical, and any attempt to justify it by pointing at other politicians as measuring sticks is just that, an attempt to justify it.

Drain the swamp? Pshh.
 
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#774
#774
Mnuchin from Today: "Asked what he’d do about Fannie Mae FNMA and Freddie Mac FMCC , which have been wards of the state since the financial crisis in 2008, Mnuchin said he wants an overall housing reform effort. Shortly after the election, shares of the two companies soared when he told Fox News that “it makes no sense that these are owned by the government and have been controlled by the government for as long as they have.”

I'm down
 
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#775
#775
lawgator1 said:
She appears to have absolutely no idea what she is talking about. Of all of the picks to get to hearing, she is doubltess the least qualified.
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I only saw the highlight of the grizzlies answer, and I agree that that was an idiotic answer. The question was also idiotic however and was extremely partisan so let's not forget that little gem as well. As to her being unqualified counselor, if your law license were pulled because of stupid things you say on here, you'd have been selling copiers in the mall years ago instead of chasing waaambulances.
 
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