Friday, July 8, 2011

GOP Lawmaker Refuses To Believe The Fact That Rep. Eric Cantor Is Shorting U.S. Treasury Bonds

I previously posted the story from Salon about Eric Cantor's short position on US debt. I haven't seen much other coverage on this issue but believe it should be a big national story about the ethical issues of lawmakers and that Cantor should divest himself of this investment. Cantor, it turns out, is also a big defender of banks and has fought against regulating mortgage related issues including opposition to preventing banks from robo-signing in foreclosure activities. Meanwhile, this ThinkProgress report details a GOP lawmaker's response of disbelief when confronted with Cantor's investment. Why isn't the national media on this story that is so pertinent to the ongoing debt ceiling negotiations?
http://thinkprogress.org/politics/2011/07/08/263264/olson-cantor-shorting-treasury/

1 comment:

  1. Truly disgusting. What a bunch of miserable hyocrites. They can believe ANY negative LIE about President Obama, but they can't bring themselves to believe thet one of their own would do ANYTHING wrong.

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