Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Miles Archer

(18,837 posts)
Wed Aug 8, 2018, 11:43 AM Aug 2018

BONUS! 6 Republicans are connected to the Collins insider trading scandal #LockThemUp

These four plus ep. Markwayne Mullin (R-OK) and Rep. Billy Long (R-MO).

1. Tom Price, who served as Secretary of Health and Human Services. During his confirmation hearings, Price was accused of taking advantage of a special deal on Innate stock only available to a select number of lawmakers at a discount offered by Collins.

2. Rep. John Culberson (R-TX): The Texas Republican claimed he heard about Innate from media reports, but as the Houston Chronicle noted, it’s not clear which. At the time of his purchase, Innate was described as “a tiny pharmaceutical company from Australia that has no approved drugs and no backing from flashy venture capital firms.” The Chronicle pointed out that Culberson’s past investment history does not square with his purchase of biotech stocks and his opponent, a research physician, has wondered what led Culberson to invest, “since at the time he bought it in January there had been no published research articles or significant clinical trial updates on the drug, known as MIS416.”

3. Rep. Mike Conaway (R-TX) is another Texas lawmaker who bought large shares in Innate. He does not appear to have purchased Innate stock at a discount.

4. Rep. Doug Lamborn (R-CO) sat Health Subcommittee of the Committee on Energy and Commerce at the time of his stock purchase, raising a possible conflict of interest, reports the Daily Beast.

https://www.rawstory.com/2018/08/6-republicans-connected-insider-trading-scandal-just-exploded-trump-loving-congressman/
56 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
BONUS! 6 Republicans are connected to the Collins insider trading scandal #LockThemUp (Original Post) Miles Archer Aug 2018 OP
Couldn't happen to a nicer bunch Sanity Claws Aug 2018 #1
Oh My! malaise Aug 2018 #2
Kick dalton99a Aug 2018 #3
A gift that keeps on giving Vogon_Glory Aug 2018 #4
Oh please... let Mullin suffer OKNancy Aug 2018 #5
And they told two friends, and they told two friends, and so on and so on ProudLib72 Aug 2018 #6
That's a blast from the past. Iconic and memorable. Crutchez_CuiBono Aug 2018 #21
I was a kid when that commercial ran. Gore1FL Aug 2018 #48
I was a kid, too, when it ran ProudLib72 Aug 2018 #49
She might have had them Gore1FL Aug 2018 #50
Insider trading is illegal all of a sudden? gratuitous Aug 2018 #7
Trump's already started damage control canuckledragger Aug 2018 #22
It's only illegal when Democrats, like Martha Stewart, do it. GoCubsGo Aug 2018 #28
+10,000 bucolic_frolic Aug 2018 #45
Aye dios (sigh; OMG) Is there no end to the corruption and criminality of trump, gop, RestoreAmerica2020 Aug 2018 #8
Me thinks... sheshe2 Aug 2018 #9
I'm freaking loving this press conference malaise Aug 2018 #10
Lie Cheat Steal djacq Aug 2018 #11
The entire republican party is nothing more than hypocrites,.........they wanted to turbinetree Aug 2018 #12
Looks like they're way more than hypocrites malaise Aug 2018 #32
No surprise 2 Tx repugs are on this list onetexan Aug 2018 #13
Maybe people with an (R) next to their names are not Responsible to handle money and power. erronis Aug 2018 #14
You'd think that would eventually sink in LiberalLovinLug Aug 2018 #18
Unfortunately just buying the stock isn't a problem, the problem is whether or not any of them.... George II Aug 2018 #15
It can be illegal to buy depending upon the circumstances if the buyer had inside information. mobeau69 Aug 2018 #19
LOCK THEM UP! workinclasszero Aug 2018 #16
(that picture is missing a few (a LOTTA) faces!........) lastlib Aug 2018 #51
K&R Scurrilous Aug 2018 #17
Gonna be a lot more....we have heard a few dodgy meetings last year and sudden dumping of stock. sunonmars Aug 2018 #20
SCHEDULING JOHN CULBERSON FOR SOME ASS-KICKING TexasTowelie Aug 2018 #23
From Lizzie Gothmog Aug 2018 #53
Here is some more from Lizzie Gothmog Aug 2018 #56
And... SayItLoud Aug 2018 #24
Smells like Swamp Gas to me! zentrum Aug 2018 #25
The PRICE Is Right! DemoTex Aug 2018 #26
Nice! awesomerwb1 Aug 2018 #27
Tradergate Zambero Aug 2018 #29
Couldn't happen to a more deserving bunch meow2u3 Aug 2018 #30
The republican party is a crime syndicate Gothmog Aug 2018 #31
I NEVER watch Fox noise propaganda. Can someone tell me... AZ8theist Aug 2018 #33
That actually has happened before. calimary Aug 2018 #41
They also did it to Lamar Alexander louis-t Aug 2018 #42
I hope fucking "Rubber Stamp" Lamborn goes down hard! world wide wally Aug 2018 #34
Yes! kag Aug 2018 #39
Only six? Bob Loblaw Aug 2018 #35
Lock 'em Up! calimary Aug 2018 #36
Let's see -- I feel a song coming on... calimary Aug 2018 #40
Love it malaise Aug 2018 #43
Money doesn't trickle down very far, does it? JohnnyRingo Aug 2018 #37
get it done before the unofficial... lame54 Aug 2018 #38
McConnel coming oh boy oh boy Corvo Bianco Aug 2018 #44
Here's more detail... KY_EnviroGuy Aug 2018 #46
They should all resign immediately, and so should Rep. Collins FakeNoose Aug 2018 #47
From the Last Word Gothmog Aug 2018 #55
kick Demovictory9 Aug 2018 #52
Culbertson has to answer some questions Gothmog Aug 2018 #54

Gore1FL

(21,147 posts)
48. I was a kid when that commercial ran.
Wed Aug 8, 2018, 11:48 PM
Aug 2018

It bugged me far more than it should have that that they didn't represent the total number of users correctly.

ProudLib72

(17,984 posts)
49. I was a kid, too, when it ran
Wed Aug 8, 2018, 11:49 PM
Aug 2018

It bugged me that she was talking to herself like she had a split personality.

Gore1FL

(21,147 posts)
50. She might have had them
Wed Aug 8, 2018, 11:51 PM
Aug 2018

At first she had 2 personalities, and then they had two personalities, and so on, and so on, and so on!

gratuitous

(82,849 posts)
7. Insider trading is illegal all of a sudden?
Wed Aug 8, 2018, 12:04 PM
Aug 2018

Looks like Collins not only made a bunch of millionaires in Buffalo, but in Texas and Colorado, as well. Let's all watch the Republican spin machine whir into action to deny, deflect, and discount.

GoCubsGo

(32,086 posts)
28. It's only illegal when Democrats, like Martha Stewart, do it.
Wed Aug 8, 2018, 01:46 PM
Aug 2018

They love to bash her with her conviction over the same thing. I am sure we'll hear crickets now, even though what Collins did made Martha look like she was committing a schoolyard prank. IOOIYAAR.

malaise

(269,144 posts)
10. I'm freaking loving this press conference
Wed Aug 8, 2018, 12:20 PM
Aug 2018

Last edited Wed Aug 8, 2018, 01:52 PM - Edit history (1)

Don't fuck with the state

Bwaaaaaaah!

djacq

(1,634 posts)
11. Lie Cheat Steal
Wed Aug 8, 2018, 12:25 PM
Aug 2018

Use to live in CO-05 for 14 years before moving to VA-05.... Not surprise that Doug Lamborn is implicated.

turbinetree

(24,710 posts)
12. The entire republican party is nothing more than hypocrites,.........they wanted to
Wed Aug 8, 2018, 12:28 PM
Aug 2018

make a big buck off the insider trading and then turn right around and vote to deny human beings health care, force this drug stock price to go up based on fraud to go up higher and then when it dropped.................they sold...................I hate fucking republicans.

and to top it all off these fuckers are supporting and enabling a fucking traitor, and these assholes are treasonous to the people in this country that are dying without health care...............



November 2018 cannot get here fast enough..........................vote


erronis

(15,324 posts)
14. Maybe people with an (R) next to their names are not Responsible to handle money and power.
Wed Aug 8, 2018, 12:29 PM
Aug 2018

Just seems that way.

George II

(67,782 posts)
15. Unfortunately just buying the stock isn't a problem, the problem is whether or not any of them....
Wed Aug 8, 2018, 12:35 PM
Aug 2018

....sold their stock before the announcement.

mobeau69

(11,152 posts)
19. It can be illegal to buy depending upon the circumstances if the buyer had inside information.
Wed Aug 8, 2018, 12:49 PM
Aug 2018

OK, likely not applicable to this situation though.



lastlib

(23,266 posts)
51. (that picture is missing a few (a LOTTA) faces!........)
Thu Aug 9, 2018, 01:12 AM
Aug 2018

like, half the House & Senate GOP mugshots.....

SayItLoud

(1,702 posts)
24. And...
Wed Aug 8, 2018, 01:07 PM
Aug 2018

Carl Icahn sells Aluminium company shares after speaking with tRUMP about the importance of tariffs. Who else did the F'n MORON with an unsecured cell phone talk to about his economic plans? SEC need to investigate!

awesomerwb1

(4,268 posts)
27. Nice!
Wed Aug 8, 2018, 01:39 PM
Aug 2018

Not getting my hopes up about this being a widespread thing and causing multiple resignations. But that would be delicious.

Racist, corrupt, shameless cowards.

AZ8theist

(5,487 posts)
33. I NEVER watch Fox noise propaganda. Can someone tell me...
Wed Aug 8, 2018, 01:57 PM
Aug 2018

If the chyron on the propaganda station showed the arrested congressman as a "D"?????

Or do they only do that if it's a sex scandal?

calimary

(81,420 posts)
41. That actually has happened before.
Wed Aug 8, 2018, 03:55 PM
Aug 2018

2009. Republi-CON Mark Sanford, deep in the throes of his lovesick "Appalachian Trail" scandal:

https://www.huffingtonpost.com/2009/06/24/fox-news-identifies-sanfo_n_220377.html

Update: Fox News has apologized for identifying Sanford as a Democrat. Read that apology here.
Additional Reporting By Sahil Kapur

When does an embattled Republican suddenly become an embattled Democrat? When Fox News is covering him, of course.

The network known for its conservative leaning ran footage of Mark Sanford admitting to an extramarital affair on Wednesday with a Chyron identifying the South Carolina Republican — near tears — as a D, for Democrat.

Media Matters has the screen grab on its site and notes that Fox News later changed Sanford’s party affiliation to Republican.


-----------

AND it isn't just with Mark Sanford that Pox Noise made this mess:

https://crooksandliars.com/logan-murphy/shocking-fox-news-labels-disgraced-re

I think it's just automatic now. When a high-profile Republican gets into trouble, Fox News steps in to mislead their sheep viewers by labeling them as Democrats.
Here's a short list of Fox's chyron hackery:
John McCain - Democrat
Joe Lieberman - Democrat (Had been, but I think this was after he'd formally declared himself an Independent.)
Arlen Spector - Democrat (when he was still a Republican!)
Mark Foley - Democrat
Media Matters also caught Fox listing a Democratic strategist as Bush's head of FEMA -- because his name happened to be Michael Brown. Oh, and we can't forget the time they announced Rep. William Jefferson's indictment using footage of Congressman John Conyers. They apologized to their audience, but never to Conyers personally.
I'm sure it was just an oversight, just like all the rest...riiiight. Have I missed any?
Dave N:
It's almost a clockwork thing.
Whenever Fox News wants you to forget that someone is actually a Republican, they, ah, accidentally label them a Democrat on their chryon and let it go. So they did that today, as you can see, while Mark Sanford was explaining that he had been in Argentina to screw around on his wife. (They corrected it in later chryons.)
Hardly the first time this has happened.

world wide wally

(21,751 posts)
34. I hope fucking "Rubber Stamp" Lamborn goes down hard!
Wed Aug 8, 2018, 01:58 PM
Aug 2018

I live in his district and the "R" behind his name guarantees him a lifelong position where he serves as a rubber stamp for ANYTHING Republican unless something takes him down.

kag

(4,079 posts)
39. Yes!
Wed Aug 8, 2018, 03:23 PM
Aug 2018

Mr. "let's ruin our public schools because my buddies and I pay too much in taxes" Lamborn. I don't live in his district (mercifully) but I am a Coloradan. And I despise that asshole.

calimary

(81,420 posts)
36. Lock 'em Up!
Wed Aug 8, 2018, 02:43 PM
Aug 2018

Great ammo for their Democratic competition for November! I hope our Dems USE THIS GIFT that’s fallen into their laps!

Remember the song “We Are the World”? Well how ‘bout a new riff on that?

“They Are the SWAMP”!

calimary

(81,420 posts)
40. Let's see -- I feel a song coming on...
Wed Aug 8, 2018, 03:27 PM
Aug 2018

With apologies to "We Are the World," U.S.A. for Africa

I'm rewriting the chorus which normally reads
We are the world
We are the children
We are the ones who make a brighter day, so let's start giving
There's a choice we're making
We're saving our own lives
It's true we'll make a better day, just you and me


From the massively inspiring 1985 musical, cultural, and philanthropic masterpiece, whose catchy refrain popped into my mind immediately as I watched the Chris Collins scandal coverage roll out. My husband and I do that a lot. It's one of the - uh - I guess you'd call them brain games because they make you think creatively. Like - how quickly can you come up with new lyrics to that song, inspired by republi-CON grifters far and wide? While I was watching the breaking news, the line "They Are the Swamp..." (Weird, I know. Stan Freberg and Allan Sherman were my childhood heroes.) I bet you've done it, too.

ADJUSTED for Collins & friends, and their little dog Donald:

They are the SWAMP
They are CORRUPTION
They are the ones into cheating, theft, and mass OBSTRUCTION!
There's the law they're breaking
And all ill-gotten gains!
It's true we'll throw them all in jail, just wait and see!



But from the "but seriously folks" department, the widely hailed and Grammy and MTV Video Music Award-winning genuine article, lest we forget.

USA for Africa - We are the World - YouTube



It got a lot of attention and it did a lot of good.

KY_EnviroGuy

(14,494 posts)
46. Here's more detail...
Wed Aug 8, 2018, 06:44 PM
Aug 2018
Charges Against Rep. Chris Collins Highlight Lack of Trading Limits for Congress

Link: https://www.bloomberg.com/news/articles/2018-08-08/lawmakers-stock-holdings-show-lack-of-limits-on-their-trading

(snip)
Collins, who represents a district in western New York, is the only lawmaker accused by prosecutors of wrongdoing -- stemming from his role on Innate Immunotherapeutics Ltd.’s board, not his position in the House.

But the allegations against him, along with the other lawmakers’ holdings, highlight how members of Congress face few restrictions on their investments, creating the potential for conflicts of interest, or the appearance of a conflict.
-------
Collins, one of the biotechnology company’s largest shareholders who served on the board and had access to information that wasn’t public, is accused of tipping off his son about the trial results for a drug to treat a form of multiple sclerosis, according to federal prosecutors in New York. His son Cameron Collins then passed along the information to others. The son and others who received the tip sold more than 1.78 million shares in the days before the trial results were announced, avoiding losses of $768,000, according to the indictment.

.....
Latest Discussions»General Discussion»BONUS! 6 Republicans are ...