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Congress critters knowingly played the stock market during COVID crisis. Pentagon’s involvement.
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 84459108:MV81MjYwODM2Xzk2OTQ2NjU1XzgwNUU4MUE4] No surprise! We all knew what was going on from the top down. These politicians “in the know”, part of Operation Warp Speed, played the market like a fiddle. Buying tons of stock in these companies then announcing the millions in government funding that the companies would be receiving. Of course, they could then unload on the “pop.” It’s still going on. Either that or Nancy Pelosi can see the future. She held that Chinese chip manufacturer in her portfolio that had a huge day when she went on her trip to Taiwan, she just recently held Amgen which we know the government gave a large sum of money to for their radiation drug.. Insider trading at its finest. Just another way for politicians to legally screw citizens. Don’t let the average American like you or I do it though. [/quote]
Original Message
“
Federal officials owned millions of dollars of stock in industries most affected by the pandemic and the government’s response. About 240 officials at health agencies and at
the Pentagon, a key player in the vaccine rollout
, reported owning a total of between $9 million and $28 million in stocks of drug, manufacturing and biotechnology companies that won federal contracts related to Covid-19 in 2020 and 2021, the Journal’s analysis found.”
Way less than 50%
[
link to www.wsj.com (secure)
]
Nothing will happen, cause nothing ever does, but yeah they played us some more.
The highlighted part is good stuff though.
Still makes me cringe that the military was so involved.
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