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War is Big Business

War is profitable and With War on Syria looming on the horizon, big profits are to be had. Perhaps what little known reason why Congressional Members and Senate Members go from rags to riches has nothing to do with anything smarts, it has everything to do with insider tradering and key members on committees voting on the very contracts that they own stock inWar is Big Business

In 2006, the investment portfolios of 151 current members nearly half of Congress—had between $78.7 million and $195.5 million invested in companies that received major defense contracts (over $5 million). The portfolios include holdings in companies paid billions of dollars each month to support America’s military. These companies provided almost everything the military uses, from aircraft and weapons to medical supplies and soft drinks.

Lawmakers with the most money invested in companies with Defense contracts include Sen. John Kerry (D-Mass), with up to $38,209,020; Rep. Rodney Frelinghuysen (R-NJ), with $49,140,000; Rep. Robin Hayes (R-NC), with $37,105,000; Rep. James Sensenbrenner Jr. (R-Wis), with $7,612,653; Rep. Jane Harman (D-Calif), with $6,260,000; Rep. Fred Upton (R-Mich), with $8,360,000; Sen. Jay Rockefeller (D-WVa), with $2,000,002; Rep. Tom Petri (R-Wis), with $5,800,000; Rep. Kenny Ewell Marchant (R-Texas), with $1,163,231; and Rep. John Carter (R-Texas), with up to $5,000,000.

 

Senator on committee [Since] Assets Value Assets 2009 max value
John McCain (R-Ariz.) ’87 27 $2,591,001 1 $15,000
Kay R. Hagan (D-N.C.) ’09 64 $1,754,000 64 $1,754,000
James M. Inhofe (R-Okla.) ’95 32 $1,750,000 12 $650,000
James Webb (D-Va.) ’07 44 $1,340,000 30 $1,130,000
Ben Nelson (D-Neb.) ’01 17 $1,097,000 15 $897,000
Joseph Lieberman (I-Conn.) ’93 3 $315,000 1 $100,000
Claire McCaskill (D-Mo.) ’07 3 $250,000 2 $65,002
Jack Reed (D-R.I.) ’99 7 $190,000 6 $125,000
David Vitter (R-La.) ’09 7 $175,000 7 $175,000
Jeff Bingaman (D-N.M.) ’10 6 $154,206 6 $154,206
Scott Brown (R-Mass.) ’10 2 $150,000 2 $150,000
Mark Begich (D-Alaska) ’09 5 $146,000 5 $146,000
George S. LeMieux (R-Fla.) ’09 5 $90,000 5 $90,000
Richard Burr (R-N.C.) ’09 5 $86,864 5 $86,864
Carl M. Levin (D-Mich.) ’79 2 $65,000 1 $15,000
Lindsey O. Graham (R-S.C.) ’03 5 $61,000 0
Evan Bayh (D-Ind) ’03 2 $30,000 0
Roger Wicker (R-Miss) ’08 1 $15,000 0
Jeff Sessions (R-Ala.) ’99 1 $15,000 0

 

Since these figures are a bit dated, it only stands to reason there are more senators who hae stock in Denfense contracts and their portfolios may have grown since then

Then Senator Kerry, who had the largest stake in Denfese contractor cash, and now Secretary of State Kerry, it only stands to reason Kerry might still have some rather large investments directly tied to the War on Syria, and He is not alone. Nazi Palosi, John McCain, John Boehner, Gary Peters, all could have a major finical investment and stand to grain massive profits should the U.S. go to war with Syria

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