GolfHos

General => The Cantina => Topic started by: Aske on July 08, 2011, 09:44:17 PM



Title: this seems criminal
Post by: Aske on July 08, 2011, 09:44:17 PM
http://www.huffingtonpost.com/2011/07/08/eric-cantor-conflict-interest-debt-limit_n_893354.html


Title: Re: this seems criminal
Post by: MFAWG on July 08, 2011, 10:37:52 PM
I have even less patience with left wing bull*feces* than I do right wing:

According to Dayspring, Cantor owns $3,327 in the ProShares trust. His congressional pension in the Thrift Savings Plan, on the other hand, is invested in the G Fund of government bonds and is valued at over $263,000. The value of his investment in the ProShares fund is highly variable and could change significantly if the government defaults.

So he has 1 percent invested in a short position?

There's plenty out there to get outraged about, this isn't even on the richter scale.


Title: Re: this seems criminal
Post by: Aske on July 09, 2011, 09:36:26 AM
I have even less patience with left wing bull*feces* than I do right wing:

According to Dayspring, Cantor owns $3,327 in the ProShares trust. His congressional pension in the Thrift Savings Plan, on the other hand, is invested in the G Fund of government bonds and is valued at over $263,000. The value of his investment in the ProShares fund is highly variable and could change significantly if the government defaults.

So he has 1 percent invested in a short position?

There's plenty out there to get outraged about, this isn't even on the richter scale.


I can't accept it if anyone buys me a $25.00+ dinner while on a conference trip.
Is that stupid? Probably.  However that's literally orders of magnitude less $ involved than this Cantor (or anyone else )deal.
Conflict of interest is conflict of interest.



Title: Re: this seems criminal
Post by: MFAWG on July 09, 2011, 10:03:41 AM
Was the 3 grand a gift? I think the guys a tool, but I'm really not seeing the outrage.