Federalist: During a live congressional testimony before House lawmakers Monday, Postmaster General Louis DeJoy told California Democratic Congresswoman Jackie Speier to educate herself on a common stock practice before accusing the senior administration official of impropriety.
“In your statement of financial disclosure, you sold your Amazon stock on June 22, I believe, and then you purchased options on Amazon on June 24. That would suggest to almost anyone that there’s a conflict of interest. It doesn’t require that you make a decision. It only requires that you participate,” Speier said. “Did you check with the government office of ethics to see if that was appropriate?”
DeJoy broke down the process of his filings and explained he sold off stock at a loss to avoid engaging in any questionable arrangements.
“In the Postal Service you file your forms the day you arrive at work. I filed my forms. I was going to a meeting on Amazon. I owned stock some place, in a call, at Morgan Stanley… They told me I had to either recuse myself from reviewing a number of contracts or sell the stock. I called a broker to sell the stock,” DeJoy said. “But I did not buy options.”
“It’s on your statement,” Speier interrupted.
“I bought covered calls back at a loss,” DeJoy continued. “That’s what I did to get completely out of the stock. I had to unwind covered calls.”
“You still have those calls do you not?”
“I paid more money for the calls than I sold them for. I think you should get an understanding of what a covered call is before you accuse me of any improprieties,” DeJoy said. more
She’s a Democrat. She is not expected to know what she is talking about.
Dear America: If for some crazed reason you want a flaming idiot to represent you in the halls of Congress then by all means vote for a Democrat.
I love his expression.
Suffering Leftist idiots is worse than the endless hell of those phone call answering robotic
menus.
No brains, no listening to you, just ‘pick 1, 2, 3, 4, 5 or 6, to hear the menu again‘.
I know what a “covered call” is!
You get y’seff under a unbrella or into a cubby when yo Obola-Phone chimes!
Idiots like Speier think the Post Office should provide banking services at post Office branches, i bet her understanding of finance is just as ignorantly leftist as her understanding of stock trading. Which is why we will end up with sharia moneylending at the Post Office if the Democrat Socialists achieve governmental hegemony. These people are viciously pig-ignorant and cannot be trusted with sharp edges or money.
She doesn’t understand how stupid she is, even when the depths of her stupidity are illustrated perfectly to her.
She’s gonna tweet that she “got him” and her idiot followers will agree.
Democrats are used to getting untraceable cash(Maxine), family being appointed to sympathetic boards (Hunter, Chelsea), and “Yuge” speaking fees to spouses of Secretary of State husbands (Slick Willy).
They even taught Turdeau how to get his mommy paid $250,000 for speaking fees at the “WE Charity.
The whole investing in American Companies, rooting for the home team, and American ingenuity are not the way they like to get paid.
I like how President Trump’s appointees are fighters! Just laugh in the faces of these idiots.
@Agatha Kakalogical
AUGUST 26, 2020 AT 8:39 AM
“She’s gonna tweet that she “got him” and her idiot followers will agree“
BINGO!
https://news.yahoo.com/rep-jackie-speier-usps-postmaster-230713037.html
Every time these types of congressional inquiries (lynchings) are held, wherein democrats reliably display how; stupid, angry, deranged, disrespectful, and rude they are.
I’d like to watch the person being publicly lynched stop being so polite in their answers, and end with a closing statement (above the pounding gavel that their time is expired) – Thanking them, by name, for taking the opportunity to reveal to the American people how much of a worthless, lying, dishonest, ignorant SOBs they are.
Just exactly like dealing with the IRS – there’s a certain amount of satisfaction in seeing Gov. Lifers deal with the same kinda crap the rest of us do.
Pretty sure she suffered dane bramage in the Jonestown shooting. Or maybe she’s just stupid because she’s a democRAT!