Showing posts with label John Yarmuth. Show all posts
Showing posts with label John Yarmuth. Show all posts

Tuesday, March 9, 2021

N.J. Rep. Tom Malinowski nailed for not disclosing his stock trades take


It's one thing to be exempt from trader insider laws as a member of Congress, but it's another thing to not disclose tens of thousands of dollars you made off the stock market.

Rep. Tommy "Sack o' Walnuts" Malinowski (D-NJ) actually had the cajones to campaign on "reforms to limit the role of money in politics.”  That being said, Tommy "forgot" to disclose dozens of stock trades he made in possible violation of the federal STOCK Act, according to a report. [H/T Breitbart News]

Malinowski's 2020 trades included over two dozen buys and sells in the first weeks of the COVID-19 pandemic, and was revealed in a 5-page spreadsheet his office disclosed Wednesday after he was asked by a reporter about his stock activity.

The data contains trading information he didn't reveal publicly on the House website, as the law requires.

Tommy cashed in no less than $671,000 and around $2,760,000 in his 2020 trades.

Members of Congress must report the value of their stock assets only in broad ranges, which makes a precise total elusive.

“Filing these disclosures late was an oversight that he is taking steps to correct,” Colston Reid, Malinowski’s chief of staff, and personal enforcer, said nervously.

“This was not an effort on the part of the congressman to conceal any trade activities,” Malinowski’s spokesperson, Amanda Osbourne, lied, separately. 

The congressman did not make his own trades but instead “has a financial advisor that makes trading decisions on his behalf without his regular input.”

The Twitter-sphere went ballistic with calls for all congressional members to be banned from trading stocks while in office. Here are a few:
Ban members of Congress from trading stocks. https://t.co/CHaq5ppr8g
— Walter Shaub (@waltshaub) March 5, 2021

It’s time to ban all Members of Congress from trading stocks in individual companies affected by their official duties.https://t.co/W0wYKC9qe0
— Richard W. Painter (@RWPUSA) March 5, 2021
Have you noticed how our "civil servants" are cashing in on what they know that we don't know?

Federal records indicated that Malinowski also made dozens of other stock trades throughout 2019 but "forgot" to publicly disclose them within the legally required 30- to 45-day disclosure window — and "forgot" to file periodic transaction reports for them.

Malinowski disclosed these 2019 stock trades in August as part of an annual personal financial-disclosure report that all members of Congress must file.

Malinowski campaigned in 2019 on “reforms to limit the role of money in politics and increase transparency to ensure regular people — not corporations or special interests — have the strongest voices in Washington.” That's the pot-and-kettle strategy politicians have used even before the Ides of March.

Tommy "Sack o' Walnuts'

Et tu, Tommy?

But Malinowski isn't the loner miscreant caught in stock trade 

Malinowski isn’t the only Democrat caught in a stock trade mess that only supports the notion that people in Congress and their immediate families, should not be allowed to trade stocks. 

House Speaker Nancy "Dancing Hands" Pelosi’s (D-CA) husband, Paul Pelosi, in December spent up to $1 million into call options for stock of the electric vehicle company Tesla. Nancy Pelosi has previously pushed for more electric vehicles and environmentally friendly transportation options. If that isn't a conflict of interest, you're not paying attention.

Pelosi shows off her designer ice cream stash in her
$22,000 freezer as people suffer from the pandemic

Rep. John Yarmuth (D-KY) bought cannabis industry stock while advocating for legislation that could increase its value, Judd Legum of Popular Information reported. Yarmouth has not yet gotten over the munchies.

Sen. Dianne Feinstein (D-CA) "failed" to disclose stock trades ahead of the coronavirus-related market collapse. On the plus side, California removed her name from a school as part of the cancel culture lunacy.

All the above are Democrats but that is not to claim Republicans in Congress are angels. It's just so much easier to find the left with their sticky fingers in the cookie jar, and overall, it's a lot more prevalent on the left.


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Monday, January 21, 2019

Dem Congressman jokes about banning MAGA hats after fake Covington Catholic story

Rep[ulsive] John Yarmuth (D-KY) tweeted Sunday morning that he was "calling for a total and complete shutdown of teenagers wearing MAGA hats until we can figure out what is going on. They seem to be poisoning young minds."

So the Democrat seemed to call for a "total and complete" ban of teens wearing Make America Great Again hats after the left-wing fake news media went after a group of Catholic school kids from Yarmuth's home state, for allegedly harassing a group of Native Americans.

Yarmuth immediately tweeted again calling the "conduct we saw in this video is appalling," and added that "it didn't happen in a vacuum." He added, "This is a direct result of the racist hatred displayed daily by the President of the United States who, sadly, some mistake for a role model."

But there was more to the story than the video shown by the media.

Yarmuth’s first tweet was ratioed, receiving 25,000 comments and just 2,800 retweets.

The responses to his tweet mostly focused on how the original story of the Catholic students harassing the Native Americans was badly misreported. It was a lie as the two hours of footage showed that the students were themselves originally harassed with racial and homophobic slurs by a group of Black Hebrew Israelites.

The group of Native Americans then entered the group of Catholic students and the leader of the group, Nathan Phillips, began beating his drum just inches from one of the boys’ faces, as he smiles nervously and politely back.

Some also suggested Yarmuth imagined the same thing being said about banning the hijab.

Several hours later, Yarmuth sent out a couple follow-up tweets saying his original thread was a “joke,” and he was repurposing a quote from President Donald Trump’s campaign website suggesting a “total and complete shutdown of Muslims entering the United States until our country’s representatives can figure out what is going on.”

“The President’s fans seem far more upset by my (obvious) joke [he misspelled 'oblivious'] about banning hats than they were when the President said literally the same thing about banning actual human beings. Go figure,” Yarmuth tweeted, evidently referring to banning illegal aliens entering the U.S. as giving up our sovereignty as a nation.

Yarmuth said in a second tweet that he is “a passionate supporter of the 1st Amendment” and “will always defend the right to wear MAGA hats. Just not the un-American policies they represent.”  This was possibly his attempt at a "save" for the garbage statements he made.

Yarmuth seems to have bought into the false narrative originally purported by the media, which goes to show that people often believe what they want to believe, video proof be damned.

Will 2019 be the year you follow Brain Flushings and have a few laughs while you get a conservative viewpoint? Let's hope so, because politics is the new NFL without the mindless kneeling and this blog will both inform you and hopefully entertain you bigly.




Want to shovel snow? 5 forms of ID please. Want to vote? No problem.

Snowcialism has officially arrived in the Big Apple, folks. Comrade Mayor Zohran Mamdani , is dead set against requiring ID to vote because...