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Noob920 · 04-17-2008, 08:52 AM

Quote:

Originally Posted by ppatt

Title
US Lawmakers Invested In Iraq

Link
FINANCE: U.S. Lawmakers Invested in Iraq, Afghanistan Wars
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Excerpt

Members of Congress invested nearly 196 million dollars of their own money in companies that receive hundreds of millions of dollars a day from Pentagon contracts to provide goods and services to U.S. armed forces, say nonpartisan watchdog groups.

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Comment:

Kind of makes you go hmmmmmmm....

From this article

Giant corporations outside of the defence sector, such as Pepsico, IBM, Microsoft and Johnson & Johnson, have received defence contracts and are all popular investments for both members of Congress and the general public," says CRP.

"So common are these companies, both as personal investments and as defence contractors, it would appear difficult to build a diverse blue-chip stock portfolio without at least some of them," the group acknowledges.
If some of the stocks appear innocent, aides say legislators also are. Some did not buy the stocks in question but inherited them. Many hold them in blind trusts, so called because the investments are handled by independent entities, at least theoretically without the politicians' knowledge of how their assets are being managed

Even Michael Moore owns Haliburton stock.