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05-26-2011, 05:17 AM #1
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How to Go to Congress and Become a Millionaire
How to Go to Congress and Become a Millionaire
John Ransom
Ever wonder how people go to Congress and become millionaires?
A new academic report clears it up for us.
A report from four scholars, Alan J Ziobrowski; James W Boyd, Ping Cheng; and Brigitte J. Ziobrowski, titled Abnormal Returns From the Common Stock Investments of Members of the U.S. House of Representatives, shows that between 1985 and 2001 members of Congress enjoyed a considerable advantage over members of the public in their investment returns.
The article was published by Berkeley Electronic Press and is a follow up to a similar study done on investments by US Senators. http://www.bepress.com/bap/vol13/iss1/art4/
“A previous study suggests that U.S. Senators trade common stock with a substantial informational advantage compared to ordinary investors and even corporate insiders,â€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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05-26-2011, 09:09 AM #2
Well now you know why they will "Lie, Cheat, and Steal!" to get elected!
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