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Most Transparent Insider Trading Congress Ever Tells SEC To Shove it
"Do as we say, not as we do," appears the modus operandi of the current administration's increasingly totalitarian regime. Today's edition of 'wait, what?' comes from The WSJ who report that The U.S. House of Representatives told a federal court Friday it should dismiss a lawsuit filed by the SEC (regarding the long-running insider-trading investigation) because Congress is lawfully allowed to ignore requests to turn over records and testimony to the executive branch agency. Arguing "sovereign immunity" and responding in a rather snarky (almost "do you know who we are?" manner), House attorneys blasted the SEC's "fool's errand."
The U.S. House of Representatives told a federal court Friday it should dismiss a lawsuit filed by the Securities and Exchange Commission because Congress is lawfully allowed to ignore requests to turn over records and testimony to the executive branch agency.
"Rather than acknowledge the fool's errand on which it has embarked, the SEC instead invites this court to join it by disregarding fundamental limitations on judicial authority," wrote House attorneys in a new court filing.
The SEC filed a lawsuit last month in the U.S. District Court for the Southern District of New York seeking to force House lawyers to turn over documents sought by the agency in a long running insider-trading investigation.
...
House lawyers largely repeated arguments they made in an earlier motion asking the court to dismiss the SEC case.
They say neither Mr. Sutter nor the committee have done anything improper and argued they are not required to comply with the subpoenas under provisions in the Constitution that shield legislative activity from outside scrutiny.
They also argue "sovereign immunity," which protects the government from legal liability without an explicit waiver, also shields it from a suit filed by a government agency.
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And summing it all up
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nice
If you had $200,000 to invest....besides gold and silver and all of the prep stuff....what would you do? Seriously? Rental Properties, More SHTF stuff, flip a house? Flip high end cars? Very interested. Thanks
Start with a Congressman and then move up from there.
pods
Balance the checks?
A well equiped 46 foot sailboat with several fake passports
You should invest in Popsicle stands.
Cause its hot as hell down here.
They should say their records were put on a hard disk then someone shat all over it, ran it over, shot at it, hit with a sledgehammer, and then it was scratched...all by accident.
Shit that seems to be happening a lot in DC.
Umm, umm, errr, some equals are more equal than, umm, other equals. Yeah! That's it! And I'm never wrong becoz I am the law and the law is always right therefore I am always right. Yeah! That's it ...
[Examining Yellowbeard's treasure]
El Nebuloso: Who is it more important to please: the King of Spain, or God?
El Segundo: Why, God, of course.
El Nebuloso: And who is God's personal representative in these parts?
El Segundo: Why, you, your holy ruthlessness.
El Nebuloso: Well, God wants to keep all of it.
Start at 2:29 if you're in a hurry, otherwise just watch the whole movie (Yellowbeard):
http://www.youtube.com/watch?v=rbaqG0eWg-U
and import your popsicles from Mexico, cause if there is one thing worse than burning in Hell for eternity, its doing so with Montezuma's revenge !!!
I saw some Ukrainians with fake passports, handfuls. Maybe they're in the phone book.
A POX upon them all!
But, it would be fun to see the House take on the SEC.
And:
-- the Dept. of Just-us
-- INS ("Undocumented Democrat Voters" on the S. border)
-- TSA and the rest of the Dept. of "Homeland Security"
Etc., my fingers tire...
EDIT:
But how could I forget the IRS (whoops, not IRA) and NSA? Sheesh!
Funny you should say that :)
Karen Hudes Reaction to My Last Article: “A Pox on All Your Houses!!”http://stopkevinannett.wordpress.com/2014/05/11/1122/
It wasn’t the word ‘Pox’ that Shakespeare used in Romeo and Juliet, but ‘Plague’ instead…: And while it’s ok to joke in this article about the ‘Pox Curse’ I’ve received from Ms. Hudes…smallpox is no laughing matter:Back a start-up hedge fund
Back a start-up hedge fund
All men are created equal; however, it's not Congress' fault they're more equal that the rest of us.
Find a way to invest into the most productive investments in the world: people.
There are many brilliant people with good ideas. Start small companies and go from there. No other investment will come close in the return as people. That's why businesses mostly hire employees instead of buying stawks.
Exactly, forward that check to my P.O. box and I guarantee to triple the investment.
If you're in LA, Chicago or Detroit, let's talk.
come to your house and steal the 200k we now all know you have.
Just make sure its not all wrapped around little cardboard tubes.
start a social media company in your basement and immediately take it public-no offices, employees, revenue necessary.
Didn't Homer Simpson show us how to do that once?
"If you had $200,000 to invest....besides gold and silver and all of the prep stuff....what would you do? Seriously? Rental Properties, More SHTF stuff, flip a house? Flip high end cars? Very interested. Thanks"
I'd say SHTF stuff. Think about it. It will happen anyway. There is more and more dollars every day. If you took a fraction of that $200k and tried to spend it on goodies like goats, wheat, honey, silver it might be difficult. So the good news is you can prepare a small town for what's in store. The more dollars you earn flipping a house the more problem later, I think. Too many lies around to play that game anymore. Here's the Word from The Father on this subject:
http://www.thewarningsecondcoming.com/eternal-father-will-prevent-new-wo...
Hope this helps.
Govt insider trading.
It doesn't even sound good
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Ye olde "sovereign immunity" defense, eh?
Wait a minute - aren't we all sovereigns too?
Some animals are more sovereign than others.
Wait, i'm a little slow... these fuckers are playing the "sovereign citizen" card?
http://en.m.wikipedia.org/wiki/Sovereign_citizen_movement
Aren't sovereign citizens supposed to claim the federal government is illegitimate? So they are part of an illegitimate organization and their claiming rights as a part of that organization?
Sounds like the kind of circular logic that makes our country the best country in the world.
The Congress as a whole may be sovereign but the individual members are subjects of the Federal Government, Inc. As such each Congressman right on down to the publicly employed janitor is prosecutable for a violation of any god damned statute, regulation and code they and the federal agencies dreamed up.
The SEC can go after any "person" that violates the SEC regs. Congressmen are "persons" in the fictional realm of corporate governance. Why is it fictional? Because the position of Congressman is dreamed up in the mind of man and is only a title, not part of the tangible universe.
The problem is the (un)justice dept. would have to prosecute. If the Justice dept. tried to prosecute any Congressman that had Party backing, we could see Congress withhold funds for that purpose if it could pass both houses. With crooks on both sides of the isle...well you get my drift.
Now go after a "tea party" type guy who bucks the whole sham and you would see prosecution go forward.I say we arrest the whole bunch and sort it out one at a time.
Well, if we the people elect them and pay their salaries then we should have the same privileges no?
Try claiming sovereign with the IRS or the court system, it doesn't work that way. We are useless eater debt slaves that think we actually have a say in anything that our criminal government does.
What a fucking joke it's all become.
I'm a little confused due to the dementia.
Is it the most transparent or the most transgender administration in history?
Well it's certainly not both.
in addition to membership w/ exchanges, firms should start getting membership in the house of representatives
They already have.
members my ass ... they're the owners.
www.transparentcalifornia.com
Ca vs. Ill who is the most insane
Only insane if you aren't in on the insanity.
Are you fvcking kidding me?
http://transparentcalifornia.com/salaries/search/?q=bus&y=
bus operators making 200k
http://transparentcalifornia.com/salaries/search/?q=police
BART officers making 250k
If those salaries are real, then the USA is done - and I mean well done burnt to a crisp. Those fuckers are making more than professionals with advanced degrees. I mean no shit, I am stammering to myself right now - I know Doctors ( real doctors ) that are making less than those dipshit busdrivers !!!
Maverick
Why do you think the doctors all want to quit? Then what?
Then what?? They want to become bus drivers. Duuuuuh!
Why do you think Palllsosssiii keeps getting voted into the clown show.......
It's good to be kings and queens.....
Well they just admitted buying spoos is "legislative activity". I mean I knew it was coming. Soon it will be illegal to not buy stawks. The only reason why the White House has not implemented their government mandated investment initiate, no doubt called ObamaSPY, is probably because they are still trying to figure out how to make it sound less like an NSA program
"We lost the emails"
Transparent? Darn right. I can see right through it: it's a different set of laws that they applied to themselves because they "represent" us.
The end result of their self-created exceptionalism is a morally-acceptable justification for tax evasion.
In the words of Wodrow Wilson Guthrie; "That stew was so awful thin, even the pol-u-tish-uns could have seen through it."
yes icah can
lol at mary jo
The more equal animals have spoken.
One problem. There is only one branch: executive.
Executive Banker maybe, can't do much as an president when you spend all your time playing golf . . . lets be honest here, Obama ran for president ... for the perks, he gets to live rent free, spend a lot of money on useless shit . . . leaves with a nice lump sum, gets payed off to sign laws he doesn't read or care to. . . I mean its a fucking dream job, you pretty much get paid to play golf, jerk off and go on TV every now and again to remind the sheep of their "hopes and dreams", you dont even have to prepare a speech anymore, the teleprompter does all the work, all you need is good reading comprehension really. . . and even that . . . the words on the teleprompters are huge . . . its almost a fool proof job.
Qualifications for the position of president of the USA:
1) Be old.
2) Be born here.
3) Ability to read and lie.
thats about it.
Someone flipping burgers at white castle is over-qualified for the job.
uh, we're not sure about 2) anymore..
Apparently nobody is born here.
We're a nation of immigrants!
It's easy to be transparent and get away with fraud, you just have to keep the lights turned off.
Lets be realistic, the SEC has no real power, its just another typical Govt "thing" that hires useless people to sit around in a room and eat Doritos and pretend like they are important.
The world runs without the Govt. , People think that the Govt has influence and power, that could not be farther from the truth, sure it has influence and power over the "peons" but the Elite banker class play by whatever rules they want, in-fact there are no rules for them.
Once you breach a certain wealth threshold, (doesn't matter how you get there), you are not only above the law, you quite frankly write the law, and even if you so happen to do something "illegal" the squadron of lawyers and paper work they can copy paste and mail to any govt office will have their heads turning for decades till they give up and settle for a cut of the "take".
Whatever I guess. . . . business as usual.
Laws exist to protect the lawmakers from the law-abiding.
Dreadwolf, you're 1000% correct. Now back to giving a shit about Ukraine!
Ohhh!!!!
The Bread and Circus goes round and round,
round and round.
round and round!
The Bread and Circus goes round and roundddd!!!
All the Damn Long Day!
Boom! Boom!
Absolutely amazing that DC hasn't been burned to the ground. The treasonous enemy is right there and we all do nothing.
If all goes well, Putin will beat us to it. Don't want to steal his thunder.
I'm pretty sure Putin is enjoying watching us act like a bunch of second rate ass-clowns. In the end I'm sure he'll make a trip over here special just to pee in whatever is left of the Reflecting Pool down at the National Mall.
Good ole election year posturing. American entertainment at its finest.
Since America has become one huge unregulated revolving-door corporatist kleptocratic profit generating engine, I won't even attempt to find flaw with their arguments against.
Anyone clinging to so quaint notion of fairness should just kill themselves now and save themselves another 20 years of grinding, soul devouring remorse at what has been irrevocably lost.
I contend the biggest problem is the massive growth in crony capitalism and corruption in Washington. Much of this can be attributed to the ability of those in control "changing the rules" and positioning themselves to benefit at every corner. In our busy and complex world we have found it impossible to watch all the moving parts. More on this subject in the article below. http://brucewilds.blogspot.com/2014/05/how-empires-collapse.html
So an Ebola patient walks into the SEC, then runs out due to a fear of exposure to bodily fluids.
Last time I checked the House of Representatives is not part of the Obama administration.
No, but the Senate is.
They're all a branch office of Wall Street. Different divisions, same HR department. The benefits are sweeeeet!
Well if Congress is a Sovereign immunity, then I am a Sovereign man, none if your laws apply to me.
You've stumbled over the truth with that one.
One day they will be inside a guillotine trading their heads.
I always thought "the administration" was the executive branch. This is about congress. Afraid to implicate your right wing homies without throwing the some "administration" red meat to the faithful?
How is this kind of thing 'legislative activity'?
I say, let's drop Congress into Liberia and see how well their "sovereign immunity" holds up against the Ebola virus...
Ebola would wither and die once exposed to the host we call 'Congress'.
I call it Clowngress.
Well, I SAY we all get REALLY pissed off temporarily about it, then shrug our shoulders, go back to our own lives, and re-elect the same fuckheads in November, thus further reinforcing their perceived mandate to operate as the new nobility ruling over the underclasses..
...and the whole 'Molon Labe' crowd should really be taking some notes, since that's basically the message Congress is giving.
I think there is a core of people who are waiting to see how midterms play out then will vote accordingly outside the ballot box depending how things go.
If you are going to send a message at the ballot box it has to be for neither democrats or republicans this time around. Either vote true 3rd party or independent candidates or not at all.
In New York for starters go after Cuomo.
Help get the Libertarian candidate on the ballot for starters.
Same with other states.
https://votemcdermott.org/
We may not be able to crack congress yet but it is possible to crack open the local and state levels if the disgust is really there. It has to build from bottom up.
Anyone who still votes in this country is a fucking MORON. It's one thing to get fucked in the ass; it's another thing entirely to BEG FOR IT...
"sovereign immunity"...Why can't Putin say that to the Hague Arbitration court?
Lol, fool's errand indeed!
Ditto Lady Kirchner of Argentina to Us High Court ruling on "Vulture HF funds".
Transparent yes!!! One can easily see through the B/S.
Orwell called it!!!!!!!
Posted without comment
https://www.youtube.com/watch?v=lOg4bDlZyAA
How about we vote them out...
Soap box (nice try), ballot box (get real), ammunition box (hopefully).
See Joe Stalin on voting.
LOL...
CORRUPTION - WRIT LARGE!
Anyone who doesn't see the corruption in/of government at this point is being deliberately blind.
PUBLIC SERVICE? Mommas in America were discouraged in a song many years ago from letting their children grow up to be cowboys, it appears to have been a reasonable decision. Today after viewing the lifestyles associated with many career paths, politics and the route of so called "public service" seems to offer much potential.
A career in politics can grant you a lifestyle where you, and oftentimes your family will get to rub elbows with the ultra wealthy and the country's most powerful titans of business and industry. This career choice also has the benefit of sheltering you, and extending legal protection that covers you from the responsibilities of your actions. Flying about in private planes politicians are rewarded with generous pensions and superior healthcare benefits far outside the reach of the average citizen. More on this subject below.
http://brucewilds.blogspot.com/2013/01/encourage-your-children-to-become...
'Sovereign immunity'....those will be the only words I say if they ever come after me.
In an investigation about two years ago 60 Minutes uncovered evidence of several instances of insider trading among prominent government officials. In a hurry then to save our public servants from embarrassment, President Barack Obama jumped on board. "Send me a bill that bans insider trading by members of Congress," the president declared in his 2012 State of the Union address. "I will sign it tomorrow."
The bill sailed through the Senate on a 96-3 vote, passed the House 417-2 and Obama promptly signed it, noting that its disclosure, and accountability requirements would apply to and demand transparency from virtually everyone in government who had access to inside financial information. Now this has been undone, my tip off was a April 27th 2013 Chicago Tribune editorial that reported Congress had voted to repeal part of the STOCK Act that recently became law. More on this subject in the article below.
http://brucewilds.blogspot.com/2013/04/washington-insider-trading-is-bac...
If they are using the 'sovereign' word does that not put them on the domestic terrorist list ?
The Cult is noting this, for future court of kings against serfs.
Since Ron Paul left the building, there are no statesmen left.
These guys go to the hill for insider trading, lifetime pensions, high pay and all the other perks. The idea they would vote against their own rackets is just crazy talk.
DOA.
Politicians should be changed out for the same reason as a baby's diaper..
Why dont they just ask the NSA for the data?
As a sovereign entity, Congress needs its privacy.
Its like Congressional "tax inversion" with the twist of the insiders knife.
US government is a crime scene. The entire District of Columbia should be yellow ribboned (Do Not Cross - Crime Scene)
If I hear Obombya say the word "transparency" one more time, I'm going to vomit. I never thought that we could have an administration worse than dubya's, but I was wrong. Isn't CONgress exempt from the insider trading law?