Congress Critters Invest In Big Companies; News At Eleven

from the not-much-to-glean dept

Red Herring is reporting on the question of where our elected officials invest their own money, noting that an awful lot of it has gone into tech companies. For example, the second, third and fourth most invested in company among Congressional members are Cisco, Microsoft, and Intel, following on GE, which had the largest number of lawmaker investors (88). Of course, the number of investors doesn't necessarily say how much is invested, as Apple leads on that list, with Congressional members having put somewhere between $6.4 million and $31 million into Apple. Elected officials only need to give a range for their investments, hence the large spread. Of course, all of the info in the article isn't really all that enlightening, as the companies that these folks are invested in are basically the same as you would find on a list of the biggest companies in the US. So, basically, our Congress critters invest in big companies, many of which are in the tech industry. That's not particularly surprising.


Reader Comments (rss)

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  1.  
    identicon
    Anonymous Coward, Oct 21st, 2008 @ 12:46am

    Dick Cheney- Didn't he just have a heart issue?

    A few searches thru Google for "Cheney Investments" yield some interesting results from not Congress Critters, but our own Veep.

    Here's a few:
    The First result points me to the Counterpunch
    MSN Money says a few interesting things
    The next is from the Huffington Post for you left wingers.
    Some Right Wing Blog also details investments.
    And Jim Cramer's TheStreet.com reported something interesting

    I wonder what Cheney's fascination with Europe is.

     

    reply to this | link to this | view in thread ]

  2.  
    identicon
    John Bernheart, Oct 21st, 2008 @ 1:11am

    Re: Dick Cheney- Didn't he just have a heart issue?

    I have a college Polysci homework assignment-- I was just wondering, if someone can point me to the impeachment forms casually thrown around during those times when congresspeople have had a few too many, and want their way.

    I just want to look at them and see what it all entails. I'm a little leary of providing an email address in a public forum, but if someone has a link, it would be interesting.

    Thank you.

     

    reply to this | link to this | view in thread ]

  3.  
    identicon
    Anonymous Coward, Oct 21st, 2008 @ 2:07am

    Re: Re: Dick Cheney- Didn't he just have a heart issue?

    John,

    Your being silly. Dennis Kucinich of Ohio introduced at least one (Maybe two) bills to get Cheney and Bush impeached for entering Iraq under false pretense, and each time they were referred to some black hole called the "Subcommittee on the Constitution, Civil Rights, and Civil Liberties." A new attempt to impeach based on, let's say, placing a bet against the US economy is laughable at best. Consider previous attempts-- even revisiting Iraq issues would require a great deal more solid evidence. How would you even overcome H.RES.333?

    Think it over. Your being silly. Please go get some sleep, and just make sure you vote this year.

    And if you know anyone in Ohio, make sure they vote the way Dennis Kucinich would.

     

    reply to this | link to this | view in thread ]

  4.  
    identicon
    JW, Oct 21st, 2008 @ 4:04am

    Re: Re: Dick Cheney- Didn't he just have a heart issue?

    That takes gumption! There's an article on Page D1 and D4 in today's Wall Street Journal, and as I was reading your comments, I was thinking of that article.

    I suppose my cautious advice is to make sure it's what you want to do. If you make that decision-- to go forward, that is, don't let anyone stop you, and accomplish it, completely.

     

    reply to this | link to this | view in thread ]

  5.  
    identicon
    Overcast, Oct 21st, 2008 @ 6:03am

    Of course, it's why policy decisions are made, as they impact the stock price of the big companies, and impact their even deeper partnerships with many of these 'investment companies' and other trusts.

    I mean do you seriously think the Government keeps pot illegal because they care about health or it's impact to society? Or do they keep it illegal because it would bury half the demand for pharmaceutical pain killers? When you take into consideration that you can Overdose even on Aspirin, but not pot - it seems a bit 'fishy' that pot would be illegal for 'health' reasons, and when you look at Alcohol's impact on society in terms of drunk driving and domestic violence compared to pot's, you can't argue a second it's for the 'good of society'. It's about the money.

    That's just one of many examples, that's just one that's pretty blatant.

     

    reply to this | link to this | view in thread ]

  6.  
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    angry dude, Oct 21st, 2008 @ 6:58am

    Congress critters

    need to be kicked out ASAP. All of them (with jjst a few exceptions on both sides of the isle)

    It is not surporising that so many of them support patent "reform" efforts by the CPF and BSA members: patents, if used properly, are supposed to help small underfunded startups to compete with huge multinationals like cisco

    I would requore all of the congress critters who invest in large tech multionationals to also put some sizsable money of their own into small tech statups
    That would help congress members uinderstand the current situation with tech upstarts abnd VC investment a little better...

     

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  7.  
    identicon
    Pitabred, Oct 21st, 2008 @ 9:27am

    Monopolistic practices

    No wonder Microsoft got off with a slap on the wrist. Congresscritters who own part of the company aren't going to want to make a big stink when it'll lose them money.

     

    reply to this | link to this | view in thread ]

  8.  
    identicon
    HELLO!, Apr 14th, 2009 @ 6:50pm

    SCANDALS! SCANDALS! SCANDALS!

    SOME OF THE WORST CASES OF RACIAL PREJUDICE IN WORLD HISTORY!

    The American people are thrilled to have their first African-American president.

    Speaking of Barack Obama—Barack Obama is a racial-minority individual and does not like racism:

    And Michelle Obama is a racial-minority individual and does not like racism:

    WORLDWIDE DISSEMINATION OF INFORMATION RELATING TO SCANDALS:

    (I) I do solemnly swear by Almighty God that George W. Bush committed atrocious, racist, hate crimes of epic proportions and with the stench of terrorism which I am not at liberty to mention. Many people know what Bush did. And many people will know what Bush did—even until the end of the world. Bush was absolute evil. Bush is now like a fugitive from justice. In any case, Bush will go down in history in infamy.

    (II) It is opined that Bill Clinton committed terrifying, racist, hate crimes during his presidency, and I am not free to say anything further about it. ‘Be sure your sins will find you out’ (Numbers 32:23).

    (III) What if basically all racial-minority people would subscribe to the interpretations that George Herbert Walker Bush committed monstrous, racist, hate crimes while he was the President of the United States? It will eventually come out: it is only a matter of time.

    (IV) I know it may be hard to believe. However, Ronald Wilson Reagan committed horrible, racist, hate crimes during his presidency.

    - The Dissemination Machine

    (There are thousands of copies on the Internet indicating the contents of (I), (II), (III), and (IV). For example, one can go to Google right now, type “George W. Bush committed hate crimes of epic proportions and with the stench of terrorism,” hit “Enter,” and readily find 1,000 or more copies indicating content of (I). For example, one can go to Msn right now (14 April 2009), type “It is opined that Bill Clinton committed racist hate crimes, and I am not free to say anything further about it,” hit “Enter,” and readily find more than 460 copies indicating content of (II). For example, one can go to Msn right now, type “George Herbert Walker Bush committed monstrous, racist, hate crimes,” hit “Enter,” and readily find more than 210 copies indicating content of (III). For example, one can go to Msn right now, type “Ronald Wilson Reagan committed horrible, racist, hate crimes during his presidency,” hit “Enter,” and readily find more than 180 copies indicating content of (IV). The contents of (I), (II), (III), and (IV) exist very extensively in all major search engines. And there are thousands of copies in very many countries around the world. For example, there are countless copies on the Internet in Australia, Brazil, Canada, China, Denmark, France, Germany, India, Japan, Korea, Russia, Sweden, the United Kingdom, etc.)

    “BAD NEWS FROM THE UNITED STATES: ON THE RACIST HATE CRIMES AND ETERNAL INFAMIES OF GEORGE W. BUSH, BILL CLINTON, GEORGE H.W. BUSH, AND RONALD REAGAN” BLOG

    badnewsfromtheunitedstates.blogspot.com
    ________________
    ‘If only there could be a Ban against invention that bottled up memory like scent & it never faded & it never got stale.’ Off the top of my head, it came from my Lower Merion High School yearbook.

     

    reply to this | link to this | view in thread ]


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