Red Hats, you need to speak up on this

#126
#126
PointGuard said:
I think the recent impeachment and subsequent circus called the Senate “trial” says no. What this whole process proved is the President is above the law. Some lame DOJ memo, now twice issued, has more clout than any law
Click to expand...

No, it's constitutional principle that is above ANY law regardless of whether DOJ is the source. Congress and the President have their own constitutional silos. A radical House faction doesn't change that. In the case of impeachment, the Senate is a restraint upon a radical faction that attempts to devolve the executive to a whim serving the faction.
 
#128
#128
Advanced Intel-is wrong, but a good example is a combination of advanced intel and decision making for personal gain. Look at Pelosi she'll buy a stock (such a Visa) when a law is coming up that would hurt their [Visa's] profits, but either votes against the law, or uses her position as Speaker not to bring it up at all. She's been involved in so many of these type of deals it's amazing, not to mention her special deals on IPOs where she has made $100,000!
 
  • Like
Reactions: tennvols77
#129
#129
NEOCON said:
I don't mind them owning stock but it must be in a blind trust cannot have an executor that is a family member.

I may even add an additional rule that they cannot sell/buy stock within 72 hours of a closed door briefing.
Click to expand...
I like this; however, I'd make it 2 trading days, they can't do a thing on the first trading day, second ok-a full trading day is a very long time.
 
#130
#130
Rasputin_Vol said:
It could be the vehicle that sets the stage for those rare 3rd Amendment violations.
Click to expand...

I much prefer he simply meet with companies supplying critical items, and simply consult with them to advise of projected needs and see what that gap is, if any. I do not want Govco commandeering.

Such actions come out of the box a lot easier than they go back in.
 
#133
#133
NCFisher said:
No, it's constitutional principle that is above ANY law regardless of whether DOJ is the source. Congress and the President have their own constitutional silos. A radical House faction doesn't change that. In the case of impeachment, the Senate is a restraint upon a radical faction that attempts to devolve the executive to a whim serving the faction.
Click to expand...

From Which walls in your house do you bounce? NEWS. Radical factions? Really?
 
#134
#134
#138
#138
lukeneyland said:
I thought I've seen you say that you supported Bernie or Biden, but I may be wrong. There's tons of people on here. Still agree with you that the Governments not done enough to protect us from Corona
Click to expand...
No Bernie or Biden supporter. But I did create a thread where I endorsed Hillary in order to speed up the correction that we are seeing right now. I thought we were past due in 2016...
 
#144
#144
1972 Grad said:
Let me ask you this. Let's say that you are 64 years old, retiring in 2 years, and find out that the travel industry would be hit hard by the virus, and you own stock in the travel industry. Would you sell, or stay invested, and ride it to the bottom, and lose your retirement?.
Do I come to this information as a private citizen or as someone who is in a position to have advance intel?

Sure I'll answer this. #1 Who the owns "travel industry" stock in any significant amount in any portfolio. Maybe a Delta exec. but an individual heading to retirement absolutely not.

I guess it's possible some airline employees received company stock as compensation. But they certainly should have done some portfolio risk management long before getting close to retirement.

Personally, I've never seen an airline stock I'd own. Closest I've ever come was a company that leased engines to the airlines. And that was long before retirement.

So my answer is, if its a good quality stock with low debt and assets that will allow it to survive two years without going into bankruptcy and if it's less than 2% of your portfolio, go ahead and hang on to it. Also, check out what it's fuel contract structure looks like. Given energy costs are they restructuring fuel lease agreement for the long term.
 
#147
#147
New posts
You must log in or register to reply here.
Advertisement

Back
Top