12 Days Before ’08 Crash, Congress was Secretly Told to Sell Off Their Stocks

Not surprizing this information given we’ve been told for many years by notable people that economic depressions/recessions are man made. They manipulate boom and bust to fatten their bank accounts. Yet for years we’ve been led to believe they are all due to fluctuations in the market. Not even. Check out our Money Trail / Banking pages for more info on who is controlling the world with the banking industry. In my humble opinion they have much blood on their hands given all the suicides they’re responsible for. Their other arm is the media that is used to suck people in to the whole consumerism trap. Be aware and don’t go there.
EnvirowatchRangitikei

 

From dailyalternative.co.uk

Earlier this month, it was reported that less than two weeks before the economic collapse of 2008, several members of Congress took their money out of the stock market. Many high ranking government employees were given a heads-up about the impending market crash in secret meetings with the Federal Reserve and the Treasury Department. Then they used that information to engage in insider trading.

It was revealed that Senator Shelley Capito and her husband sold $350,000 worth of Citigroup stock at $83 per share, just one day before the stock dropped to $64 per share. Another shady trader was Congressman Jim Moran, who had his biggest trading day of the year days after the secret meeting, sellings stock in nearly 100 different companies.

These actions would be illegal for any American in any other circumstance, but members of Congress and high-ranking government officials are actually exempt from insider trading laws.

Years later, a 60 minutes investigation aired on television which highlighted the government’s deep history of insider trading. The investigation sparked outrage, prompting Congress to pass “the STOCK Act” which was said to hold members of the government to the same standards as any American when it came to insider trading.

However, Congress watered down the bill and changed key elements that would hold them accountable, allowing them to return to business as usual, and escape any consequences for their prior crimes.

http://www.dailyalternative.co.uk/12-days-before-08-crash-congress-was-secretly-told-to-sell-off-their-stocks/

Advertisements

Your comments are welcomed

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s