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Insider trading is now legal???
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bumblethru
December 12, 2014, 11:24am Report to Moderator
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In other words, if you have friends who have inside information that they received from their friends, they are free to pass it along to you, and you are free to pass inside information that you possess along to them to pass along to others, but neither of you is permitted to pay the other for any inside tip — the information can legally be acted on only if the tipper is not paid for the tip.

The three-judge panel consisted entirely of Republican-appointed judges. Their ruling, in the case, U.S. v. Newman, 2nd U.S. Circuit Court of Appeals, No. 13-1837, provides insiders a way to sure-thing ‘investing’ in which groups of friends who trust each other and include high corporate executives and/or investment professionals such as stockbrokers, can legally be virtually certain that their ‘investing’ will be profitable for them and unprofitable for the individuals they’re trading against (either selling to or buying from). If you receive advance-word of negative information and sell to someone who doesn’t, or advance-word of favorable information and buy from someone who doesn’t, then that’s okay, according to the three Republican judges, but only if the original passer of the tip isn’t being paid for passing it.


In other words, trading favors is okay, even if it provides unfair advantage against outside investors.

This ruling establishes two classes of investors: one is insiders who trade favors but don’t pay each other for providing inside tips, they instead do it like members of a club; the other is suckers who rely on the fairness of America’s investment markets and on the Government’s enforcement against corruption of the investment markets.
http://rinf.com/alt-news/editorials/corruption-now-officially-legal-u-s-must-done-right/



     





When the INSANE are running the ASYLUM
In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche


“How fortunate for those in power that people never think.”
Adolph Hitler
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A Better Rotterdam
December 12, 2014, 10:13pm Report to Moderator

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It's been quite clear for a long time that the Republicans are unbelievably corrupt as are the democrats, but alas the two parties will stay in power as the powers that be bought and sold this country before we were ever born. Try protesting, they will use their power to make so much noise, and send so much misinformation, that any message will be so muddled that nothing will change..........
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