Delaware’e wealthiest congressperson, and most savvy investor, bet that the American economy would take a dump. Possibly just prior to the credit rating downgrade.
JUST IN: Senator Thomas Carper is shorting the American economy.
Thomas Carper bought 30k in $PSQ, an ultrashort $QQQ index, on July 13.
He hedged/shorted in the past with great results with $HDGE, $SH & $PSQ.
Wild.
A sitting Congressman is literally shorting the US.
— unusual_whales (@unusual_whales) August 2, 2023
And people wonder why nobody has any faith in this massive fraud cabal called the great American democracy.
Hold on a second. Did these trades happen just prior to the credit downgrade?
Looks that way. Say-y-y-y, you don’t s’pose he had any inside info, do ya?
But of course! Insider trading is alive and well in congress. As in how do your think the rich get rich?
But, hey, they sacrifice for us! Some even take the train home so that they can be with their wonderful families. You wouldn’t begrudge these dedicated public servants a wee little bit of pocket change, would you?
Here’s what Carper knows: He’d never be brought up on ethics charges b/c he’s pals with dozens of other Honorables who do the exact same thing.