Remember When Conservatives Used To Get Mad About Insider Trading?

2,689 Views | 38 Replies | Last: 19 hrs ago by boognish_bear
Realitybites
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Trump traded over $50 million in 'Magnificent 7' stocks last quarter, loading up on Apple and Google and selling Tesla

"President Trump made 94 different trades of "Magnificent Seven" stocks in the first quarter of 2026, a new ethics disclosure shows, executing millions of dollars in transactions even as he was meeting with and often promoting these top tech companies.

The trades were valued at between $50 million and $70 million across 64 buy orders and 30 stock sales."
Porteroso
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He averaged like 7 trades per hour in the first quarter.

However, it's a little misleading to say "he" traded these stocks. I dont know how to verify this, but supposedly these funds and accounts are held by 3rd parties who do not communicate at all with him about trades.

To claim anything untoward is going on, you would need evidence that he is directing trades.
Frank Galvin
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Porteroso said:

He averaged like 7 trades per hour in the first quarter.

However, it's a little misleading to say "he" traded these stocks. I dont know how to verify this, but supposedly these funds and accounts are held by 3rd parties who do not communicate at all with him about trades.

To claim anything untoward is going on, you would need evidence that he is directing trades.


Or disclosing information to those that trade on his behalf, which is more likely
Porteroso
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Frank Galvin said:

Porteroso said:

He averaged like 7 trades per hour in the first quarter.

However, it's a little misleading to say "he" traded these stocks. I dont know how to verify this, but supposedly these funds and accounts are held by 3rd parties who do not communicate at all with him about trades.

To claim anything untoward is going on, you would need evidence that he is directing trades.


Or disclosing information to those that trade on his behalf, which is more likely

Very likely that insider trading is going on. By aides, family, White House staff. Doubt Trump himself is making traceable calls to these 3rd parties that control his accounts.
Frank Galvin
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Porteroso said:

Frank Galvin said:

Porteroso said:

He averaged like 7 trades per hour in the first quarter.

However, it's a little misleading to say "he" traded these stocks. I dont know how to verify this, but supposedly these funds and accounts are held by 3rd parties who do not communicate at all with him about trades.

To claim anything untoward is going on, you would need evidence that he is directing trades.


Or disclosing information to those that trade on his behalf, which is more likely

Very likely that insider trading is going on. By aides, family, White House staff. Doubt Trump himself is making traceable calls to these 3rd parties that control his accounts.


I am sure he is not. That is what weekends at Mar-A-Largo are for.
cowboycwr
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I'm a conservative and my past comments on this hopefully back up that I think insider trading by both sides is wrong and needs to be stopped. No way all these politicians get rich while in office off their government salary without insider trading.
fubar
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Why bother with insider trading when you can just conjure up a slush fund to compensate you and your cronies for "lawfare?"
Gunter gleiben glauchen globen
Iron Claw
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I'm in favor of elected officials only being allowed to own mutual funds and index ETFs while in office. This blind trust crap is for the birds. No sector ETFs either.
Frank Galvin
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fubar said:

Why bother with insider trading when you can just conjure up a slush fund to compensate you and your cronies for "lawfare?"

Also-make sure to absolve you and your family of all tax liability.

https://www.yahoo.com/news/articles/us-government-agrees-drop-tax-191157574.html
EatMoreSalmon
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Frank Galvin said:

fubar said:

Why bother with insider trading when you can just conjure up a slush fund to compensate you and your cronies for "lawfare?"

Also-make sure to absolve you and your family of all tax liability.

https://www.yahoo.com/news/articles/us-government-agrees-drop-tax-191157574.html

And make sure all your private family information is illegally made public.

Let's keep this about trading where we can agree there is a problem.
Frank Galvin
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EatMoreSalmon said:

Frank Galvin said:

fubar said:

Why bother with insider trading when you can just conjure up a slush fund to compensate you and your cronies for "lawfare?"

Also-make sure to absolve you and your family of all tax liability.

https://www.yahoo.com/news/articles/us-government-agrees-drop-tax-191157574.html

And make sure all your private family information is illegally made public.

Let's keep this about trading where we can agree there is a problem.

I can understand why you don't want to talk about the IRS grift, but I will have to see your thread police ID before I withdraw my comment.

And it is a grift of monumental scale, completely and totally disproportionate to the harm done by releasing the returns, because the harm done was zero. Anyone who thinks that this "deal" is ok also does not believe in the rule of law.
EatMoreSalmon
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Frank Galvin said:

EatMoreSalmon said:

Frank Galvin said:

fubar said:

Why bother with insider trading when you can just conjure up a slush fund to compensate you and your cronies for "lawfare?"

Also-make sure to absolve you and your family of all tax liability.

https://www.yahoo.com/news/articles/us-government-agrees-drop-tax-191157574.html

And make sure all your private family information is illegally made public.

Let's keep this about trading where we can agree there is a problem.

I can understand why you don't want to talk about the IRS grift, but I will have to see your thread ploice ID before I withdraw my comment.

And it is a grift of monumental scale, completely and totally disproportionate to the harm done by releasing the returns, because the harm done was zero. Anyone who thinks that this "deal" is ok also does not believe in the rule of law.


Oh well. Tried to be civil
boognish_bear
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fubar
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EatMoreSalmon said:

Frank Galvin said:

EatMoreSalmon said:

Frank Galvin said:

fubar said:

Why bother with insider trading when you can just conjure up a slush fund to compensate you and your cronies for "lawfare?"

Also-make sure to absolve you and your family of all tax liability.

https://www.yahoo.com/news/articles/us-government-agrees-drop-tax-191157574.html

And make sure all your private family information is illegally made public.

Let's keep this about trading where we can agree there is a problem.

I can understand why you don't want to talk about the IRS grift, but I will have to see your thread ploice ID before I withdraw my comment.

And it is a grift of monumental scale, completely and totally disproportionate to the harm done by releasing the returns, because the harm done was zero. Anyone who thinks that this "deal" is ok also does not believe in the rule of law.


Oh well. Tried to be civil

FG's reply to you was perfectly civil.
Gunter gleiben glauchen globen
boognish_bear
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EatMoreSalmon
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IRS deal is not the problem. The money set aside is for anyone, including you, to apply for if they have been targeted by the federal government unfairly.

And if someone wanted to break the law and shoot someone, but missed, are we going to say the harm was zero? That's along the lines of the people that said the Butler assassination attempt was no big deal because Trump only got his ear grazed.
The IRS attempting to harm someone is a big deal whether it worked or not. Most people would not have anywhere near enough means to fight back. The IRS doesn't need to be providing anyone's personal info for any reason besides a court order or permission from the entity or individual. It's not their job, nor should it be.

Insisting on the IRS deal being grift is because of who it is and not what the deal is.

Now can we get back to the original premise of this thread which is trading while in office. We are all in agreement on that, and it needs addressing for all of Washington D. C. elected, appointed, and hired officials.
boognish_bear
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Frank Galvin
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EatMoreSalmon said:

IRS deal is not the problem. The money set aside is for anyone, including you, to apply for if they have been targeted by the federal government unfairly.

And if someone wanted to break the law and shoot someone, but missed, are we going to say the harm was zero? That's along the lines of the people that said the Butler assassination attempt was no big deal because Trump only got his ear grazed.
The IRS attempting to harm someone is a big deal whether it worked or not. Most people would not have anywhere near enough means to fight back. The IRS doesn't need to be providing anyone's personal info for any reason besides a court order or permission from the entity or individual. It's not their job, nor should it be.

Insisting on the IRS deal being grift is because of who it is and not what the deal is.

Now can we get back to the original premise of this thread which is trading while in office. We are all in agreement on that, and it needs addressing for all of Washington D. C. elected, appointed, and hired officials.

Given that we all agree on the insider trading thing, it is more fun to talk abiut the IRS grift.

The IRS did not provide the infromation. An independent contractor did. He was rewarded with a five-year jail term. Trump waitd past teh statute of limitations to sue, but that doesn't seem to matter becuase the law does not apply to him.

Setting all that aside, "the money is set aside for anyone" is a joke. The deciders are handpicked by the administration and it is a star chamber proceeding. How do you think it will work out?
boognish_bear
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boognish_bear
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Sam Lowry
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boognish_bear said:



McConnell could have put a stop to this after J6, but he chose not to.

Utterly stupid or morally wrong? Take your pick.
fubar
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If he has a hair on his butt James Comey has already applied for a chunk of change.
Gunter gleiben glauchen globen
EatMoreSalmon
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fubar said:

If he has a hair on his butt James Comey has already applied for a chunk of change.

Maybe he should. The stupidity of the last administration lives in the present. It is not a good thing.
However, if anyone tries to take to court federal officials for being targeted by by them, they have no chance unless they are a person of very deep pockets. There should not be a double standard, but there is.
You and I would be applying for funds if we thought we were targeted wrongly by the DOJ or IRS. We wouldn't have a chance otherwise.
boognish_bear
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Osodecentx
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Frank Galvin said:

EatMoreSalmon said:

IRS deal is not the problem. The money set aside is for anyone, including you, to apply for if they have been targeted by the federal government unfairly.

And if someone wanted to break the law and shoot someone, but missed, are we going to say the harm was zero? That's along the lines of the people that said the Butler assassination attempt was no big deal because Trump only got his ear grazed.
The IRS attempting to harm someone is a big deal whether it worked or not. Most people would not have anywhere near enough means to fight back. The IRS doesn't need to be providing anyone's personal info for any reason besides a court order or permission from the entity or individual. It's not their job, nor should it be.

Insisting on the IRS deal being grift is because of who it is and not what the deal is.

Now can we get back to the original premise of this thread which is trading while in office. We are all in agreement on that, and it needs addressing for all of Washington D. C. elected, appointed, and hired officials.

Given that we all agree on the insider trading thing, it is more fun to talk abiut the IRS grift.

The IRS did not provide the infromation. An independent contractor did. He was rewarded with a five-year jail term. Trump waitd past teh statute of limitations to sue, but that doesn't seem to matter becuase the law does not apply to him.

Setting all that aside, "the money is set aside for anyone" is a joke. The deciders are handpicked by the administration and it is a star chamber proceeding. How do you think it will work out?


By what criteria will the deciders award money?
Mitch Blood Green
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Frank Galvin said:

Porteroso said:

Frank Galvin said:

Porteroso said:

He averaged like 7 trades per hour in the first quarter.

However, it's a little misleading to say "he" traded these stocks. I dont know how to verify this, but supposedly these funds and accounts are held by 3rd parties who do not communicate at all with him about trades.

To claim anything untoward is going on, you would need evidence that he is directing trades.


Or disclosing information to those that trade on his behalf, which is more likely

Very likely that insider trading is going on. By aides, family, White House staff. Doubt Trump himself is making traceable calls to these 3rd parties that control his accounts.


I am sure he is not. That is what weekends at Mar-A-Largo are for.


I sense Trumps Trading has way more sight than Steve Wonder.
boognish_bear
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EatMoreSalmon
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boognish_bear said:




That bets of that size are allowed is nuts.
boognish_bear
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EatMoreSalmon said:

boognish_bear said:




That bets of that size are allowed is nuts.


Those prediction markets have got to draw all kinds of scammers and criminals. Wish they could be shut down. Way too easy to manipulate.
boognish_bear
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boognish_bear
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canoso
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So many questions. Here's mine.

Why didn't President Trump's political opposition create and pass legislation during the Biden administration (or at other times in previous decades) prohibiting anyone in the federal government/bureacracy from doing what they're screaming about Trump doing?

The answer is the same as to the other question: Why didn't said political opposition release any of the alleged Epstein files any of the three times Trump ran for president?
boognish_bear
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J.R.
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EatMoreSalmon said:

Frank Galvin said:

EatMoreSalmon said:

Frank Galvin said:

fubar said:

Why bother with insider trading when you can just conjure up a slush fund to compensate you and your cronies for "lawfare?"

Also-make sure to absolve you and your family of all tax liability.

https://www.yahoo.com/news/articles/us-government-agrees-drop-tax-191157574.html

And make sure all your private family information is illegally made public.

Let's keep this about trading where we can agree there is a problem.

I can understand why you don't want to talk about the IRS grift, but I will have to see your thread ploice ID before I withdraw my comment.

And it is a grift of monumental scale, completely and totally disproportionate to the harm done by releasing the returns, because the harm done was zero. Anyone who thinks that this "deal" is ok also does not believe in the rule of law.


Oh well. Tried to be civil

civil is a start. Try some critical thinking, captain Maga. You ok with the Trump Crime Family and the Billions of dollars those effing crooks have grifted. simple yes or no. You ok with the worlds biggest grift while us idiots sit quietly by!
boognish_bear
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