SB
As [er normal yu are talkig shit, Mutal Trust holdings are not reall wht is vovered in this type of the same hing since owning it is nto te iue becaue it is not really inluenced by poltcal and administrative decisions having a irec impact on decisions on poliical or administrativ decisions not KNOWN TO THE PUBLIC - but to the Poliicians. Tht kind of avigs and invesments re NOT includeed in the Act, Most of the Repubicans have thse kind of shaes either used for investment purposes - some even ahving inherited by them and used as permanent saving and invetment prposes,
That is not the bject of the legislaion since it is not based on political and administrative decisions not known to anybody - bar hemselves. Many politicians made money out of business ventures they were invovled in before becoming Senators and House members - eg both Vance and Senato Hawly became wealhy before they enter politics and he position is that members who do insider knowledge rade in stocks is not tolerated by the Republcan Party and forbidden by the members,
The situation is that in the past decade and after the departure of Bush Junior tries to stop the abuse resulting from Insider Trading diectly influenced by political or administration known to them and nobody else, The Republican Party used two methods to stop such conduct - nmely -
- by banning members invovled from Cmmittee memebrshipof C omittees handing secret issues not known to the public and making suire they are not re-elected for instance in the case of Senator Romney of Uah and Senator O'Connelin the next S ente election. and House mem bers lost their seats hen ousted by Paty members from being future candidates in future; and
- by submitting legislation to stop the abuse by Congress Members,
Two recent exaples are that Obama himself who became a millioarie throug Insider Stock Trading refused to sign into Lw an at smitted to himand gtted te elgilation taotally and then ant Congress to approve his version so h and the Democrat leadeship could continue to abuse the system. Obama made millions ou o insider trading as a Senator and corruption while he was President, He and Bush Junior are best riends now and equally corrupt as Presidents, Their VP;s Cheyne and Biden were as corrupt as they were. When Cheyne was in charge in the Wars in Iraq and Afghnstan the frm he ffecively got contracts from the Defens Department running nto billons evey year and is sill used by the Defense Department and when the operations in Afghanstan ended - the Company moved to the Ukraine War with perations theyare invovle in working from Poland. Obama and Biden se the same system to gt ribes back from China, Iran and Ukraine, partl snce he comans they got hares in benefit fom insider knowlege.
Before the lates effort Pelsi and Schumer refused to have draft legislation submitted to he Senate when the Democrats had he majoriities in he House and the Senate in 2023 and 2024. And after the lsses by the Dmocats the new efforts to pass laws to stop INSIDER KNOWLEDGE not known to the Public to enrich themselves. The Democrats routinely oppose such legislation with everything at their dsposal while the support of the Republcans by are near to nanimous.
The Mutual Trust invesments are not regarded as political manipulation methods fo personal enrichmets - but Insder Trading should be a crime. The Stats you sbmitted above are both misleading and dishonest sice Mutual Trust iestment has not been used in the past for Insder Trading purposes and will not be used in such trading anyway and is not included in the present legislation as proposed.
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