Thursday, July 30, 2015

via The Nation: How Rand Paul Could Have Profited From a Debt Ceiling Crisis He Helped Create

(All underlines are mine.)

Senator Rand Paul is invested in a fund that would skyrocket in value if the United States economy were to default.  He'd also like your vote for president.

 (His investment used a) maneuver of essentially betting against the US economy...known as 'shorting T-bills.'... 

...One thing complicates Paul's investment: his leading role in efforts to not raise the debt ceiling.  A default would cause his holdings to skyrocket; even the threat of default has the potential to roil markets and boost Paul's RRPIX investment...

Senators have to file financial disclosure forms so the public can fully judge their public versus personal motivations in broad daylight: and quite interestingly, Paul hid these holdings during the debt ceiling crisis.

eye'm thynkin':  A Republican attempting to profit from his seat in Congress?  I'm trying to find my "Shocked Face."

Read more at: The Nation

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