6mo ago

GOP lawmaker caught dumping Medicaid provider stock before megabill vote

www.rawstory.com GOP lawmaker caught dumping Medicaid provider stock before megabill vote

Rep. Rob Bresnahan (R-PA) was caught selling stock for a company providing Medicaid exchanges just days before President Donald Trump's so-called "One Big Beautiful Bill" was expected to pass with drastic cuts to the program.Quiver Quantitative first reported that Bresnahan recently began selling hi...

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We all knew this was going to pass.
If you thought otherwise I've got a bag for you to hold.
- I’ve got a bridge to sell, when you’re done with them.
  
  Florida real estate magnate here, a highly sought, beautiful lot that combines refreshing moisture and a healthy wildlife population has just come up
- That doesn't make this acceptable.

So people are just going to die right?
We’re going to have old people cut off from their health care, rural areas will have their hospitals closed, and people are going to die.
Why is the world such a sick place?
- The world? No, it's the US.
  
  Unfortunately, the gutting of USAID and foreign aid programs is projected to kill millions in the developing world.
  
  Well, no. It's the world, but especially the US.
  
  It'll absolutely influence the rest of the world though :(
  
  These are Americans, they don't understand the difference.
- Listen to that one rep who said we're all gonna die!
  We just need to accept the lord jesus into our hearts so that the hereafter will be assured! Fuck the present earth, it should go through trials like extreme weather, rampant sickness, wars etc - that's just a sign that the second coming is near!
  /s
  
  A significant number of people running the country right now truly believe this, and are willing to kill for it.
- Because they can't get off unless people are suffering. And the current suffering is getting boring, so they have to raise the stakes.
  
  Nah, it's dumber than that. They don't want suffering to lose money, they want all the suffering and misery in the world to be incredibly profitable.
- Conservatives and religion. There's also a strong overlap between the two.
  
  Yeah they both suck
- Reports states 25,000 people in US who uses Medicaid will die every year.
  
  aren't they also going to let ACA subsidies lapse, too? So, the total unnecessary deaths will certainly be higher...
- I'm trying to be optimistic, but I'm pretty sure a very large chunk of this the maga voters, this could be a lesson in hubris
  
  They won't learn any lesson from it. Regardless of what happens MAGAt leaders will blame gays, trans, and immigrants ... and their brain dead followers will believe them.
  All this bill did was shuffle money around so the billionaires get a tax break. The Republicans also apparently fucked Musk over as he did not get his promised government handout contracts.

Are you telling me that the US gov. is corrupt? I don't believe it!
- I don't know if this one is considered insider trading. The bill was public record and we all knew how he was going to vote. I guess he could have known the result before the official vote, But at the same time anyone can look up party affiliations and vote history.
- Nah, just curious coincides. You have seen nothing, citizen. That's an order.

But he has an R next to his name. I thought the Rs were above the law. They can't do "crimes". Crimes are for poors.
- No no. Crime is if you vote blue. If you vote Red, and kill a cop or rape a kid.. you get a pardon
- Never forget, these pieces of shit carved themselves out of insider trading law, and it hasn't come up once.
- You misunderstood... By "caught" they just mean that we know he did it. Nothing at all will ever come of this.

Yeah, but it’s not insider trading. Everyone knows they fucked Medicare up.
- Doesn't even matter anyways. It's legal for them to insider trade. Stories like this are nothing.
  
  They aren't nothing. They are reports of what is happening. Doesn't have to be illegal to be valuable information.
- Medicaid*
  (this time)
  
  Medicare too.

The whole system is broken. I wish I didn’t have to wake up everyday in it.

Wish I would have thought of having enough money to invest in stuff.

This dudes girl friend is a blonde B$&@& for a news station. She makes sure he gets the best coverage possible from the local news organization. It’s a joke how terrible northeast Pennsylvania has turned. A dude I used to work with started a hate group against gay teenagers. All financed by the gun cult church that’s there.
- I hate that "gun cult church" makes perfect sense as something Americans would end up with
  
  It’s just mentally ill poor people. Who have no future to work forwards. Being lied to by cult members from Japan and Korea. These people have the little money they have stolen from them.
- Rod of Iron?
  
  That’s a bingo!
- What is this and where is the context, and why are you censoring yourself.
  
  I’m off of Facebook. So I can’t link to her profile but at WNEP-16. They have a local news anchor. Who is dating that dude. And she gives him the best coverage possible. Kind of fucked politically.

Bad title. "Caught" implies that someone will be holding him accountable.

Why is healthcare a stock!?
- Everything is financialised in the US
- it is more delicious to gamble on people's livelihoods and lick their tears
- Healthcare isn't a stock. Healthcare is a large industry, comprised of many companies, and government entities. Individual companies in the healthcare industry may have publicly traded stock. Hope that helps.

Can't wait to hear all about how democrats are bad because of this.

Fuck this dude and his vote and all, but I didn’t need to be in congress to know that’s the GOP had the votes and motivation to fuck over Medicaid.

Insider trading much.

The corruption is endemic, unsustainable, and will lead to collapse.

It's time to come up with something better than the stock market, especially when morality and shame have left the building and have been replaced by greed and "lookin' out for number one".

What about nancy pelosi though?!? Her and her husband traded google stock! No one trades google, its such an obscure stock where almost no major news happens. Clearly both parties are the same.
- So she is just like them.
  
  No, not at all actually. I was joking.

Well he was late to the party.
Everyone else would have dumped it back in November.

Where is the SEC? Defunded. F'n Government of Putin.

Why didn't Chuck Schumer do more to stop this?
- He got many non-budgetary provisions out from the Byrd rule, which is essentially enforcing the rules that allow the thin Republican majority to pass a budget.
  But the Republican Senate also made up an accounting magic trick to pretend that a several trillion dollar budget line item has no effect on the deficit. And pretended that this is now a rule because 51 senators think this is a good idea.
  Senate Democrats did virtually everything within the legislative process that they could on their own.
  House Leader Jeffries did at least delay the vote for 8 hours, 44 minutes to talk about the bill, and bring it to the afternoon news cycle instead of at 4am.
- Every democrat and one republican voted agianst this bill.
  What else do you think they can do?
  
  Remove some Republicans from office via the 14th amendment.
  Lead protests. Not just parades but actual disruptive protests
  Back left wing candidates
  Use any and all procedural tricks to delay things.
  other stuff that moderators don't like
  
  Sharpen the guillotine
  
  That was in the senate. In the house only 1 R voted no.
- He forced them to change the name so take that 😏
- More than every single democrat voting against it?
- Maybe next time and everytime go out and vote blue so they have even a chance of doing something to stop it.
  Elections have consequences.
  
  According to Pew, Trump would have won even if everyone had turned out to vote.
  Source: https://www.npr.org/2025/06/26/nx-s1-5447450/trump-2024-election-non-voters-coalition
- His printer must have run out of the "Strongly Worded Letter" paper.

What, me worry?

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