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Congress gets a lot of info first. For example, some got caught making trades after they got briefed on covid, before the info was public. They know who's abo
by Consultant32452 6y ago
Congress gets a lot of info first. For example, some got caught making trades after they got briefed on covid, before the info was public.
They know who's about to win big contacts in their district. They know who is about to be affected be legislation that was snuck into the budget last minute without debate.
- koheripbal 6y agoA lot of people know about a lot of things before the "public" knows. That doesn't make it "insider trading". It is a very specific legal term that deals with the internal information of public corporations - eg: their quarterly sales revenues. It doesn't make sense out of that context. Also, there were TONS of people talking about the outbreak in China when those Congresspeople sold shares. I sold at the same time. The information was out there - it's just that the Western MSM wasn't covering it.
- Consultant32452 6y agoThe people talking about the outbreak didn't get classified briefings.