Should Members of Congress and Their Families be Barred from the Stock Market While in Office?

Episode Transcript

Speaker 1 (00:00):
Okay, this is from Diane who emailed the Kooner Man,
and Diane makes it absolutely excellent point, Jeff, employees and
their immediate family of state lotteries are banned from buying
or playing any lottery, So why are politicians allowed to

(00:23):
trade in the stock market? They absolutely should be banned
from any and all trading on the stock market, et cetera.
Republicans are also involved in insider trading as well. Oh,
no question, no, no, this is bipartisan. There's no there's
no question. That's why it's the Uni party up there.
That's why it's a DNI thieves. No, no, there's no question.

(00:46):
That's why they hate Trump so much because he's you know,
made billions and billions and billions of dollars. He doesn't
have to do any of this stuff to get rich.
He's independently wealthy. That's why you can't buy him. You
can't bribe them, you can't influence them. What are you
gonna give them another billion dollars as an example, like, No,
I don't care, I don't need the money. No, you're

(01:08):
completely right. Look, if you know, if you can't buy
or participate or play the lottery and you're a state
employee and your families. You know, you work it for
the you work for the state lottery. Then you nailed it.
Why should politicians be allowed to trade on the stock market?

(01:28):
And why should their spouses or their children or whatever
immediate family be allowed to trade stocks or or play
the stock market. It's a really, it's a license to steal.
That's what it is. And you know, think about it,
look at the content, just very quickly. It's not just oh,
we know that visa is gonna be sued, so let's

(01:50):
dump the stock before we lose our shirts, or we
know we've in you know, we've inserted this provision into
the bill which is going to boost spending, say for
I don't know, pharmaceuticals or this drug or so hey,
before people know about it, let's all buy stock in
that drug and then we'll make so much money. It's

(02:12):
not even just that outrageous and sick and corrupt as
it is. Think about it. You're now the incentive is
for you to literally start putting stuff in bills and legislation,
not because it's good for the country or good for
your district, or good for the state or good for

(02:33):
your constituents. It's if we insert this in there. If
we give billions of dollars to AI and to develop
AI in America, guys, and we buy up the stock
before other people are aware that all this money is

(02:54):
going to float towards AI, we'll all be millionaires. Erupts
the legislative process and policy making completely. Are you doing
it because it's in the interests of the country, or
are you doing it because now it's a quick way
and an easy way to make a buck. It's got

(03:19):
to be banned. It's got to be banned. Agree, disagree,
six one seven. If they're doing this on mortgages, we
talked about Adam Schiff and Letsia James bank fraud, mortgage fraud.
What do you think they're doing with the stock market.
I mean, that's potentially much more lucrative than you know,
mortgage fraud and bank fraud. Six one seven two six,

(03:43):
six sixty eight sixty eight is the number. Okay, very
very quickly. Regarding the mortgage fraud that Leticia James and
Adam Schiff have been caught engaging in, and whether they'll
eventually go to jail or be convicted, we shall see.
But this is from six one seven and six one

(04:03):
seven makes an absolutely phenomenal point. Jeff, you alluded to
how these powerful and wealthy politicians like Letitia James and
Adam Schiff fraudulently purchased out of state real estate and
then claim it as their principal residence out of their
elected jurisdiction. But that's the quote unquote small fish, the

(04:29):
quote unquote big fish. And this is so true. Please
listen to. This is how shift and perhaps many more
continually refinance their properties, extracting the cash and remortgaging again
and again and again. But I propose this, why are

(04:55):
these multi millionaire politicians in both parties who could buy
these properties with cash in their pocket, They're just buy
them outright? Why are they continually refinancing? I believe the
answer is that they are not paying the mortgages. Third

(05:17):
parties are picking up that tab as a means of
bribery and payoffs. If the Trump advisors are listening, start
issuing subpoenas and ferret out who is sending in the
monthly mortgage checks. Now, I just I have to say this.
Look at the story on Adam Schiff as an example.

(05:39):
You'll see what I mean. When I read the story,
in fact, multiple stories, I'm like, why does it keep refinancing?
He refinanced two thousand and eight, twenty ten, twenty eleven,
twenty thirteen, he did, and there's one more time he did.

(06:01):
At least five refinancings. Five times he refinanced, And I
remember reading this, I go like, why is it constantly refinancing?
Like it's just more debt and more debt and more debt.
Now I'm like, oh, that's how you milk that property

(06:21):
for everything that it's worth. And if you've got someone else,
a lobbyist or a donor who owns you paying the mortgage,
then it's really all money in your pocket. It's a
form of bribery. But through the back door, now it

(06:47):
all's now I know why. In other words, I'm all
this time, I was thinking, well, they're just going for
the you know, the low interest loans. They're going to
get a more favorable you know, loan rate which saves
them a hund or two hundred thousand dollars over time.
Oh No, six one seven two six, six sixty eight
sixty eight is the number. This is from Joe on email.

(07:10):
He email the cooner man Jeff. They named the TV
show after Congress. It's called Who Wants to Be a Millionaire.
We need Doge and the irs to investigate all members
of Congress. Joe, you're one thousand percent correct, as I

(07:31):
like to say. And if they ever did have Doge
look into Congress members of Congress, there'd be a revolution.
These they would go, they go apoplectic, they would go
berserk in Congress. I'm telling you, they shut the whole
government down. They shut the country down. You don't look
into our finances anyways. Just to quickly wrap up, because

(07:55):
you know, God forbid, Mike should give me an extra
half second, you know, on my own show. But you know,
but let let that go. That's how Mike is because
you think it's your show. I thought, honestly, I go, oh,
look at them. You know they're cutting corners, you know,
declaring a primary residence. They get better loan rates, and

(08:19):
you know we're talking about a couple hundred thousand dollars
over the long run. No, just to show you how
naive I am. No, they're refinancing and refinancing. They're milking
that thing dry. And then on top of that, they
probably have a donor or a lobbyist paying for the mortgages.

(08:39):
So we're talking now millions of dollars. That's what they're
really putting in their pocket. The Adam Shifts, the Latitia James,
I could go on. So, yeah, it's a blatant conflict
of interest. They should not be involved in the stock market,
they should not be trading, and they clearly now shouldn't

(09:00):
having multiple residences where they keep claiming every single one
is their primary residence. That's illegal and it's wire fraud,
financial fraud, bank fraud, you name it very quickly. This
is from my sister who works in healthcare, so to
understand where she's coming from. Here's what my sister, Jennifer

(09:21):
texted me. What was it ten minutes ago from Tucson, Arizona. Jeff,
it should be absolutely illegal for members of Congress and
their families to trade on the stock market. Why is
it laws for thee and not for me? If you
ever listen to contest rules like say, for example, Ford

(09:43):
is giving away a new car, employees of Ford and
their family cannot enter. I used to sit on an
institutional review board at a hospital in North Carolina, and
the researchers there had to declare that they or their
family do not have a financial interest in their research product.

(10:07):
There are so many examples of this all over our country.
Why should Congress be any different? Jen Ditto, I agree
with you one thousand percent. And then she adds, and
she's right. That is why doctor Fauci, I don't know
why you're calling him doctor, Jen, honestly, just call him

(10:29):
chicken little. That's what he is. That is why chicken
little should be charged because I'm pretty sure he benefited
from the research conducted on behalf of the National Institutes
for Health he did. He made millions and millions and
millions of dollars on that job. That's not speculation. That

(10:50):
has been one thousand percent proved, corroborated, and verified. He
lined his pockets with remdis severe which he forced on everybody.
But on the job, this man made out like a
bandit during the COVID so called pandemic. You want to
talk about a financial conflict of interest, all Fauci had

(11:13):
was a massive financial conflict of interest and he robbed
us blind. So no, if you're gonna be a top
person at the NIH, you also shouldn't be involved in
stocks that involve the NIH regulating and controlling these products

(11:34):
and these pharmaceuticals. I mean to me, it's just common sense.
Six one seven two six six sixty eight sixty eight. Okay,
let's go to Sandra in Boston. Thanks for holding Sandra,
and welcome.

Speaker 2 (11:51):
I guess getting back to the cannabis thing. Yes, I
think the Massachusetts taxpayers are paying for all these I
read an article on June first in the Wall Street
Journal and op ed by a fellow named Stephen Malanga,
and he said that the Massachusetts Cannabis Social Equity Program

(12:12):
has issued grants totaling twenty six million dollars to one
hundred and eighty minority owned pot businesses, Black, Hispanic or
Asian pot and entrepreneurs. And wow, it looks to me
like it's a backdoor reparations program or something. And I

(12:33):
haven't been able to really get much information on it,
but and I read it in the Wall Street Journal,
not a local newspaper.

Speaker 1 (12:40):
Sandra, I got to ask you, I mean, your overall
point is superb, but I'm just one hundred and eighty
pot shops apparently owned by minorities. How many pot shops
are there in Massachusetts? To me, that's a staggering number,
and they're all making money. There's clearly a massive demand

(13:04):
for you know, their product, for getting stoned. I'm just Sandra,
have you I mean, are you? Am I the only one?
Do you notice how many ads, how many billboards there
are when you drive around mass promoting these cannabis shops?
And I mean, and is this a good thing for
you know, for the population of this state to be

(13:24):
that hooked on drugs? It's what every third or fourth
person is doing. I mean, it looks to me every
third or fourth person is getting stoned. Am I wrong?

Speaker 2 (13:34):
Not a good thing. And there are black market operations
involved as well. I'm sure you've heard about these Chinese
growhouses in Maine and Massachusetts that are selling black market pot.
And what happened after COVID and the Black Lives Matter
riots in my neighborhood is a lot of the old

(13:57):
shops went out of business and they put these pot
shops in instead. So we've got weed shops like every
other block.

Speaker 1 (14:06):
Ay, yeah, yeah, Sandra. Are they full or people? I mean,
I guess they are. I mean, so are people going
and buying?

Speaker 2 (14:15):
Well, a lot of people come over the bridge from
Cambridge to the mind. But it doesn't. I don't think
it truly reflects what our neighborhood is about it. It's bad.

Speaker 1 (14:26):
It's not a good thing. Oh, no question, And look,
I'm going to do a separate show on this, but
I just want to tell people right out of the gate.
They need to know this that when you're talking about
today's marijuana, pot, weed, whatever you want to you, whatever
term you want to use, We're not talking about your
parents's weed. That's the common misperception that people have. I'm

(14:49):
not talking about the marijuana of the sixties and seventies.
A lot of it was grown at home or whatever.
The THC content in the marijuana that they're selling now
is a thousand times higher than the kind of pot
people used to smoke, forgive me or use thirty forty

(15:10):
years ago. It is much more addictive, it is much
more unhealthy. That thing is going to kill your brain
cells and it's going to eat your lungs up. I mean,
this is not just you know, refer madness as people say,
look up, do the research. They have loaded the THHC
content so ill. The health effects are bad and the

(15:36):
effects on the brain are devastating, and they've put in
very addictive quantities into these marijuana products. And it's like cigarettes. Now,
you just got to have them. You gotta have them,
and you can't stop smoking them. So and I think
we're gonna start living. We are living with the consequences,
and it's only gonna get worse. Sandra, thank you very

(15:59):
much for that call. Agree, disagree? Nick? Thirty seconds. All right,
let's hold on till after the break. Six one seven
two six six sixty eight sixty eight is the number. Okay,
let me ask all of you. Do you think Letitia
James and Adam Schiff will go to jail? Do I

(16:21):
live on a different planet or what? So listen now
to this, by the way, nine point fifty now on
the Great WRKO Jeff Kohner, Boston's Bulldozer. This is my
sister again from Arizona. This is I can't believe this.
This is what she texted me. Jeff, we have pot
pizza places in Phoenix. I'm like, are you serious? She goes, no,

(16:46):
I'm telling you. And not only do we have pot
pizza places across Phoenix, she said, in all the big
cities in Arizona. Doesn't matter. Tucson, Phoenix, take your pick
second corner. In these big Arizona cities there's a pot
shop and they look like large pharmacies with a drive through.

(17:11):
So apparently in Arizona I didn't know this. Not only
do you have these mega pot shops everywhere, but it's
like fast food. It's like what a drive through? You know? So, yeah,
I'll have a bong, give me two brownies and uh
and half a bag? What the full bag? What a

(17:33):
full you know, Junior? You want a full bagger? All right,
make it a full bagger? All right? Go ahead? I
mean ay, yeah, yeay. So then I texted her back.
This was during the break. I'm like, are you serious?
I said, like, what do you mean? Pot pizza? Like
what instead of pepperoni or green peppers or sausage, like

(17:55):
they put marijuana on pizza as a popping She said, no,
it's the pot crust pizza. I'm like what. So, I'm like, what,
so the pizza crust is made with marijuana? She goes, Yep,
are you serious? Sandy says there's marijuana pizza in Massachusetts

(18:17):
as well. Well, that's true. I'm not part of the
weed community. She's like, how would you know. I'm just shocked,
she said, Apparently we also got the mega dispensaries here
with the drive through. I wasn't aware of that. Apparently
my sister tells me there's also pot dessert like literally
like cupcakes, cupcakes with marijuana, like ay ya, yay. Well

(18:43):
there you go. H boy. It's a different world, isn't it.
Holy And you wonder why no really, Jeff, Yeah no,
I've heard of pot brownies. I have, but I didn't
know about pot peas and of the drive throughs and that. Well,

(19:04):
that to me explains so much about Massachusetts. Now it's
all it's all making sense to me. Now you did.
They're all stoned. That's why it warring man the chief. Okay,
oh I get it now. Nick in Weymouth, thanks for

(19:25):
holding Nick, and welcome.

Speaker 3 (19:28):
Well, like you say, Jeff, and how you doing. Nobody
goes to jail, not if you know somebody, not if
you're connected, not if you get dirt on somebody. So
we'll see what happens to Tompkins, to d o j case.
But hey, and that's of course in Massachusetts. I'm still
waiting to see the murder case of a girl in Stoughton.

(19:50):
Uh excuse me, Ken she lived in Stone. Name was Birrichmore.
That was five years ago. It's a it's a it's
a yet unidentified court date for a case at DOJ
in Boston Federal Court Building. I don't know why it's
taking so long to something like that. But that's just
the gist of everything that happens. So we'll see what

(20:11):
happens with Tompkins again, that's the DJ. Let's see what
they do. But I started telling a thing yesterday inconsequential
it may seem I heard it. I mean Trump somewhere
in the White House they got a gallery of past presidents,
this traditional thing. Just recently he had the Bush paintings
of photographs whatever in the Obama photographs or whatever, moved

(20:36):
to a different area. I'm saying he probably has seen
some things that he was a guest of and probably
suspected with some of the information. It's hidden from us,
and we'll never know what these culprits did. The Bush
people were. It's damaging to Trump as almost everybody else.
Combe was a traditional bush man, build them out of

(20:57):
huge problems, build international banks out of He was problems
on the board of several banks because of what he did.
He was just a no good person. But he's just
a small spoken the wheel. But what I'm saying is
they weren't good people. And the last thing about Bush too,
By the way, remember he evacuated two to three thousand

(21:18):
people who were Saudi connected immediately within the two weeks.
And just I wanted to call you last Friday. If
you want to see what's happening with Bush, it exposes
every legal alien is supposed to have by law a
tax ID number and or a Social Security number. All
you'd have to do is look them up. People are

(21:38):
working gauge and see how many dimes, dollars or quarters
that they've actually paid and stayed taxes and income taxes.
I would say the results would be astounding. What do
you think about that?

Speaker 1 (21:50):
Oh, that's a good point. That's a really good point, Nick,
And it's a nice way to end the show. And
thank you very very much for that call. By the way,
my sister is sending me all kinds of stuff. Listen
to this. So guadaloop Arizona isn't generally thought of as
a hub of innovation. This is an ad but in

(22:11):
this tiny, often forgotten valley town sandwich between Phoenix, and
Tempe Arizona, lies what's believed to be the country's first
cannabis dispensary that also has a full service kitchen. It's
called the Mint Cafe and apparently it's got marijuana infused pizzas, burgers,

(22:35):
chicken nuggets, tacos, and they're selling like crazies. They're selling
like crazy. I was gonna say like hotcakes. They're selling
like hotcakes.