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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCongressman owns a lot of stock in "defense" contractor he advocates for...
It may be legal, but it's still corrupt.
(BTW, he's my congressman, and he loves making speeches to Teabagger groups.)
U.S. Rep. Tom Petri advocates for defense contractor in which he owns stock
WASHINGTON Congressman Tom Petri has long been an enthusiastic booster in Washington for Oshkosh Corp., a defense contractor in his Wisconsin district, but he not only has a political stake in the companys success, he has a personal one as well. To the tune of hundreds of thousands of dollars.
Since 2006, he has purchased between $265,000 and $650,000 worth of shares in the company, which makes tactical vehicles for the military, a Gannett Gannett Wisconsin Media Washington Bureau review of financial disclosure reports found.
http://www.sheboyganpress.com/article/20140208/SHE0198/302080103
RKP5637
(67,104 posts)jsr
(7,712 posts)Always follow the money.
Thinkingabout
(30,058 posts)Years of experience and the new contractor had to totally tool up in order to get the line going?
Scuba
(53,475 posts)Coyotl
(15,262 posts)Tom Petri (R-Wis), 2012
http://www.opensecrets.org/pfds/CIDsummary.php?CID=N00004426&year=2012
Net Worth: From $6,011,023 to $45,265,999
Rank: 25th in House
2/3 of support is out-of-state!