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Luis Palau
As it turns out the Daily KOS is “the man”
File this in your “do as I say………..file.” From the Drudge Report HERE referencing the New York Times we come to find some shady illegal stock insider activity by one of the founders of the Daily KOS. This is activity that is only suitable for Republicans don’t you remember? He neither denies nor admits the charges, but apparently was willing to pay $30,000 to settle the problem. I guess sort of a Nolo Contendere on the order of Spiro Agnew. At least Spiro had the decency to step down as Vice President. Wonder if he will do the same with the KOS or MYDD.com? This is in addition to last years scandal involving KOS in an alleged Pay to Play scheme with Democratic Candidate hiring the KOS boys as political consultants HERE for KOS support of candidacies.
DAILY KOS CO-AUTHOR FINED $30,000 FOR UNETHICAL STOCK TOUT.
Prominent liberal blogger Jerome Armstrong has agreed to pay nearly $30,000 in fines in a settlement with the Securities and Exchange Commission over allegations that Armstrong touted the stock of a software company, without disclosing that he was being paid to do so, the New York Times reports.
Armstrong is the co-author of Crashing the Gate: Netroots, Grassroots, and the Rise of People-Powered Politics, with Markos Moulitsas of Daily Kos. He is also the founder of the Democratic activist site MyDD.com.
Under the agreement, Armstrong neither denies nor admits to the allegations. “It is good to see the matter finally end,” Armstrong said in an e-mail message to the TIMES.
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4 Responses to “As it turns out the Daily KOS is “the man””
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Hi Steve,
You remember Spiro? Many thanks, as I no longer feel so ancient!
the Grit
ah yes the anti semitic anti American Koslings!..good post Steve~!:)
Grit and Angel,
Thanks for the kudos. I couldn’t resist getting this up. …steve
thanks for the info daddy.