|
Printer-friendly format Email this thread to a friend Bookmark this thread |
This topic is archived. |
Home » Discuss » General Discussion |
RhodaA (177 posts) Send PM | Profile | Ignore | Sun Jun-26-11 04:32 PM Original message |
Eric Cantor’s financial disclosures reveal that he bets against U.S. Treasury bonds |
Printer Friendly | Permalink | | Top |
Pharaoh (1000+ posts) Send PM | Profile | Ignore | Sun Jun-26-11 04:34 PM Response to Original message |
1. Compare it to a baseball player betting against |
Printer Friendly | Permalink | | Top |
dems_rightnow (1000+ posts) Send PM | Profile | Ignore | Sun Jun-26-11 04:36 PM Response to Original message |
2. It's a bet on interest rates |
Printer Friendly | Permalink | | Top |
RhodaA (177 posts) Send PM | Profile | Ignore | Sun Jun-26-11 04:37 PM Response to Reply #2 |
4. But what would make interest rates rise? |
Printer Friendly | Permalink | | Top |
dems_rightnow (1000+ posts) Send PM | Profile | Ignore | Sun Jun-26-11 04:39 PM Response to Reply #4 |
5. They are being held artificially low right now. |
Printer Friendly | Permalink | | Top |
RhodaA (177 posts) Send PM | Profile | Ignore | Sun Jun-26-11 04:42 PM Response to Reply #5 |
7. So you see no nefarious motive? |
Printer Friendly | Permalink | | Top |
dems_rightnow (1000+ posts) Send PM | Profile | Ignore | Sun Jun-26-11 04:49 PM Response to Reply #7 |
9. I know I don't have one. |
Printer Friendly | Permalink | | Top |
RhodaA (177 posts) Send PM | Profile | Ignore | Sun Jun-26-11 04:52 PM Response to Reply #9 |
11. I wrote an alert post below, based on your comments. Thank you! |
Printer Friendly | Permalink | | Top |
Riftaxe (1000+ posts) Send PM | Profile | Ignore | Sun Jun-26-11 09:01 PM Response to Reply #11 |
21. Instead of disputing their down right |
Printer Friendly | Permalink | | Top |
dkf (1000+ posts) Send PM | Profile | Ignore | Sun Jun-26-11 04:53 PM Response to Reply #7 |
12. I doubt he has enough money in this one investment to counteract the impact |
Printer Friendly | Permalink | | Top |
JDPriestly (1000+ posts) Send PM | Profile | Ignore | Sun Jun-26-11 05:57 PM Response to Reply #2 |
17. You are short on them, but you are not in a position to have |
Printer Friendly | Permalink | | Top |
dems_rightnow (1000+ posts) Send PM | Profile | Ignore | Mon Jun-27-11 06:42 AM Response to Reply #17 |
25. Based on that supposition |
Printer Friendly | Permalink | | Top |
JDPriestly (1000+ posts) Send PM | Profile | Ignore | Mon Jun-27-11 02:11 PM Response to Reply #25 |
28. I think that they should agree to invest only in US Savings Bonds |
Printer Friendly | Permalink | | Top |
Yupster (1000+ posts) Send PM | Profile | Ignore | Sun Jun-26-11 06:29 PM Response to Reply #2 |
20. Me too |
Printer Friendly | Permalink | | Top |
Angry Dragon (1000+ posts) Send PM | Profile | Ignore | Sun Jun-26-11 04:37 PM Original message |
Sounds like he has a huge conflict of interest |
Printer Friendly | Permalink | | Top |
PoliticAverse (1000+ posts) Send PM | Profile | Ignore | Sun Jun-26-11 04:37 PM Response to Original message |
3. There's a reason Congress is exempt from insider-trading laws you know... |
Printer Friendly | Permalink | | Top |
RhodaA (177 posts) Send PM | Profile | Ignore | Sun Jun-26-11 04:41 PM Response to Reply #3 |
6. Good article - outrageous |
Printer Friendly | Permalink | | Top |
Riftaxe (1000+ posts) Send PM | Profile | Ignore | Sun Jun-26-11 09:05 PM Response to Reply #3 |
22. LOL perhaps you need to learn |
Printer Friendly | Permalink | | Top |
PATRICK (1000+ posts) Send PM | Profile | Ignore | Mon Jun-27-11 08:19 AM Response to Reply #22 |
27. BIS |
Printer Friendly | Permalink | | Top |
SpiralHawk (1000+ posts) Send PM | Profile | Ignore | Sun Jun-26-11 04:46 PM Response to Original message |
8. Republicons really do want America to FAIL |
Printer Friendly | Permalink | | Top |
RhodaA (177 posts) Send PM | Profile | Ignore | Sun Jun-26-11 04:51 PM Response to Original message |
10. Alert: From the comments, this may not be as bad as it sounds |
Printer Friendly | Permalink | | Top |
AlabamaLibrul (1000+ posts) Send PM | Profile | Ignore | Sun Jun-26-11 04:58 PM Response to Reply #10 |
13. That's what it is. |
Printer Friendly | Permalink | | Top |
dkf (1000+ posts) Send PM | Profile | Ignore | Sun Jun-26-11 05:07 PM Response to Reply #13 |
14. And bond quality is not supposed to be an issue for treasuries making it more of an interest rate |
Printer Friendly | Permalink | | Top |
pa28 (1000+ posts) Send PM | Profile | Ignore | Sun Jun-26-11 09:21 PM Response to Reply #10 |
24. I'm not sure I follow the logic. Maybe you could explain your point in more detail. |
Printer Friendly | Permalink | | Top |
aquart (1000+ posts) Send PM | Profile | Ignore | Sun Jun-26-11 05:27 PM Response to Original message |
15. How much will Cantor make if the US defaults? |
Printer Friendly | Permalink | | Top |
Riftaxe (1000+ posts) Send PM | Profile | Ignore | Sun Jun-26-11 09:14 PM Response to Reply #15 |
23. Probably nothing |
Printer Friendly | Permalink | | Top |
JDPriestly (1000+ posts) Send PM | Profile | Ignore | Sun Jun-26-11 05:56 PM Response to Original message |
16. Down 31 percent this year. Link from OP. |
Printer Friendly | Permalink | | Top |
JDPriestly (1000+ posts) Send PM | Profile | Ignore | Sun Jun-26-11 05:59 PM Response to Reply #16 |
18. Interest rates on US debt would go through the roof |
Printer Friendly | Permalink | | Top |
EC (1000+ posts) Send PM | Profile | Ignore | Sun Jun-26-11 06:23 PM Response to Original message |
19. So he actively works to make sure |
Printer Friendly | Permalink | | Top |
SpiralHawk (1000+ posts) Send PM | Profile | Ignore | Mon Jun-27-11 06:45 AM Response to Original message |
26. Typical republicon shitting on America |
Printer Friendly | Permalink | | Top |
ej510 (1000+ posts) Send PM | Profile | Ignore | Mon Jun-27-11 02:32 PM Response to Original message |
29. God Bless America? Lol! |
Printer Friendly | Permalink | | Top |
KamaAina (1000+ posts) Send PM | Profile | Ignore | Mon Jun-27-11 03:17 PM Response to Original message |
30. Why does he hate America so much? |
Printer Friendly | Permalink | | Top |
DU AdBot (1000+ posts) | Wed Apr 24th 2024, 11:28 PM Response to Original message |
Advertisements [?] |
Top |
Home » Discuss » General Discussion |
Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators
Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.
Home | Discussion Forums | Journals | Store | Donate
About DU | Contact Us | Privacy Policy
Got a message for Democratic Underground? Click here to send us a message.
© 2001 - 2011 Democratic Underground, LLC