Letter to the Editor of The Vermont Journal/The Shopper, Ludlow, Vermont, published July 1, 2015.
“Congressman Peter Welch Gets Richer While Depriving Poor Vermonters!”
Do members of the United States Congress get special hints telling them to buy stock at a certain time, and then sell it, to reward them for voting a certain way on a certain Bill?
Please note that the http://clerk.house.gov public disclosure documents only give a range of $1,000-$15,000 bought or sold, $15,001-$50,000, $50,001-$100,000, $100,001-$250,000, etc, on up into the Million of dollars for each instance a member of the U.S. Congress bought or sold an item such as stock. So, you can only have an idea of the range of profit. For example, here are just a couple reports for Peter Welch:
http://clerk.house.gov/public_disc/ptr-pdfs/2014/8214620.pdf
April 10, 2014 Congressman Peter Welch bought somewhere between $100,001.00 and $250,000.00 dollars of stock in RITE AID and then sold it later on the same day, for a possible profit as high as $149,999.00 dollars.
http://clerk.house.gov/public_disc/ptr-pdfs/2014/9105603.pdf
On October 15, 2014 Congressman Peter Welch bought somewhere between $1,000 up to $15,000 of stocks in GOOGLE, and then on Oct. 29, 2015 he sold them for somewhere between $15,001.00 and $50,000.00 for a profit of up to as much as $34,999.00
Letter to the Editor from: Ms. Cris Ericson, 879 Church Street, Chester, Vermont 05143 (802)875-4038
