Thursday, March 10, 2022

March, 2022, Part 3, Political Class Insanity: Possible Insider Trading By A Senator,Possible Criminal Activity By A President's Son, And Possible Dementia In The White House

It is the beginning of another month which means it is time again to review the latest political class insanity from the American political class. Each month it takes us multiple posts to cover the wasteful spending, incompetent government organizations and employees, government programs that usually make a problem worse than resolving it, inane and idiotic politician comments, etc.

To review past posts on this insanity and idiocy, just click on the first few posts in each month listed to the right of this page. After reviewing just a handful of these insanity posts we think you will agree that we are currently being served by the worst set of American politicians ever to hold office in our entire history.

1) Far too many times we have discussed the reality that the only process that Washington politicians seem to do efficiently and effectively is self enrichment. Seems every month some politician is trading on insider information, delaying or changing legislation to make themselves richer, using taxpayer money and resources to enrich their families, etc. 


Another Senator may have been the latest Washington politician to ignore ethics and laws:


  • Richard Blumenthal is a Senator from Connecticut.

  • Robinhood is a brokerage firm that fed the stock trading frenzy in certain company stocks, e.g. GameShop.

  • The Foundation for Accountability and Civic Trust (FACT) has called for an ethics investigation into the good Senator who 1)  apparently bought shares of Robinhood, worth up to $2.5 million, but did not disclose the purchase within 45 days as required by law and 2) purchased the stock at the same time the company was under intense review by the Federal government.

  • According to Kendra Arnold of FACT: "Blumenthal's stock trades raise conflict of interest concerns, and to make matters worse, Blumenthal failed to disclose his trades as required by the very laws intended to reveal conflicts of interest.”

  • While Blumenthal publicly joined other members of Congress to investigate the Robinhood trading frenzy, as chairman of the Senate Commerce Subcommittee on Consumer Protection,  he did not launch any investigation into Robinhood despite his powerful position on this matter.

  • Blumenthal has denied any wrongdoing because he was not aware of the stock trades in Robinhood since it was done via a trust controlled by his wife’s family.

  • He did not deny that he violated the STOCK act’s stock trading deadlines


He is obviously innocent until proven guilty. But why does it seem that more and more politicians continue to seem to violate the STOCK Act while they continue to actively trade stocks during their time in Congress? Could it be that the ability to make thousands or millions of dollars on Congressional insider trading information far outweighs the hundreds of dollars in fines they may get hit with if they get caught?


2) One of the most embarrassing aspects of the current Biden administration is the unethical and possibly criminal self enrichment activities of his son, Hunter. From Ukraine, to Moscow, to Communist China, Hunter has pranced around the world, trading on his father’s high position in our government to make himself wealthy with very little effort.


And it now looks like the Secret Service might be facilitating his unethical activities:


  • A Congressional investigation into Hunter’s business dealings has encountered some roadblocks by the Secret Service.

  • When Congressional staffers asked the Secret Service for three years worth of Hunter Biden's travel records, they were told that those records were “missing.”

  • The Secret Service had many years of Hunter's travel records but “lost” the records from the years 2020, 2011, and 2013.

  • Specifically: “In October 2020, the Secret Service worked extensively with your committees and agreed to search parameters provided by your offices to identify communications regarding Mr. Biden’s travel. These search parameters did not yield communications for the years 2010, 2011, or 2013."

  • These investigations are important especially given the war Russia has started with Ukraine, two countries that helped make Hunter rich, and that a former business partner of his has been found guilty of bilking the poorest Indian tribe in the country out of $60 million.


They could find some of the records but not all of the records? Seriously, we are to believe this ridiculous excuse for covering up Hunter Biden’s worldwide travels, across five continents, and the deals and influence that was thrown his way? The corruption of a politician's family members is as bad as the corruption of the politicians themselves.


3) Speaking of Biden, first consider some realities facing the country, its citizens, and the rest of the world:


  • There is a genocide going on in Europe as Russia and invaded Ukraine and civilians are being targeted and killed and over 2 million Ukranians have been turned into refugees.

  • In this country, inflation is at a four decade high as food, gas, and utility prices go through the roof.

  • The southern border is still an open door for drug smugglers, potential terrorists, human traffickers, criminal gangs, and who knows what else.

  • On a random day in America, 500,000 - 600,000 Americans are homeless, millions are not sure where their next meal might come from, and a couple of hundred probably died from a drug overdose before they could receive drug addiction treatment.

  • Urban crime is going sky high, particularly in Democratically controlled cities, who thought the idiotic “defund the police” concept was actually a good idea.


The country is facing real problems that require real leadership and vision. And many times leadership involves the right type of optics to at least give people hope that the problems they face are being addressed even if not getting resolved.


But what has Biden been doing over the past 13 months? He has spent over 35 weekends, over a 100 days not in Washington, at least looking like he is working to solve our problems, but flying home to Delaware to either of his two homes in that state. Given that a year has 52 weeks, Biden is spending about 70% of his weekends away from the office. Really, really bad optics.


Maternity wards are being bombed in the Ukraine and he is at his beach house or manor in Delaware. The drug overdose issue in this country will likely set another record for deaths and he is at his beach house or manor in Delaware. Gas prices are killing poor and middle class families and he is at his beach house or manor in Delaware.


If Trump or Bush had spent this much time on vacation, Democrats and the mainstream media would be beside themselves with indignation on how bad the optics were. A Democrat does it and nothing. Disgusting behavior all around but  especially from Biden who looks clueless when he actually is in Washington and out of touch with reality the many, many times he is not in Washington.


There is possibly a bigger issue at work here also, given his need to always go home. According to the Alzheimer’s Project website, Persons with dementia thrive on familiarity. Familiarity is important because dementia gradually impairs a person's ability to plan, initiate, and complete an activity. By creating an environment of familiar routines and activities, it allows them to feel comforted and calm.”


I am certainly not a doctor or an expert on dementia. However, I did care for an elderly, dementia afflicted uncle for a number of years and one of his constant complaints was his desire to leave the dementia assisted living facility where he was constantly requesting that he  “just be allowed to  go home.” Biden has exhibited other symptoms of dementia and this is one that continues to manifest itself almost every weekend, his need to get home and into familiar surroundings. This is the leader of the free world, very scary, very scary.


That will do it for today: a possible insider trading scandal and law breaking of a sitting U.S. Senators, a possible cover up by the Secret Service for the potential criminal activities of a President’s son, and a President who has possibly the worst leadership optics ever, a possible result of a possible dementia affliction.


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