Hope and Change: Government drops probe of possible inside trading by media companies

Hmmmmm… Maybe Cornell West has a point:

The dismissal of an investigation into major media companies suspected of giving clients a sneak peek at crucial data drew great surprise on Wall Street, where traders make their living profiting from blips of information moving at the speed of light. Federal authorities had been pursuing allegations that various media companies — including Bloomberg LP, Thomson Reuters and Dow Jones and Co. — leaked key economic data to select investors, the Wall Street Journal reported Monday. But the investigators dropped the probe, according to the paper, in part because they could not conclusively determine that investors were able to use the advance look at the numbers to extract profits. Wall Street analysts pronounced that explanation baffling, noting that in modern markets — fueled by high-frequency trading and robotic transactions — a mere fraction of a second can be enough to execute trades worth billions of dollars. — Government Drops Insider Trading Probe Of Media Companies, Baffling Investors

How much you want to bet that these companies told Obama, “You want our support? You had better call off your dogs on this probe.” How much you want to bet that this is what went down? I would be willing to bet you a nice steak dinner, with all the trimmings that is what happened here. This is why I did not support the Democrats this time around; because I knew this is what was going to happen. Believe you me, it would not have been any better with Hillary either; she is bought and paid for like the rest of them.

This is why I won’t be voting for Democrats in 2014 or 2016; because they are two sides of the same coin. Bought out, corrupt, self-serving vermin is all that they are, anyone that believes anything else; is crazy.

Your comments please: (Just remember the rules, please)