Dem Insider Fined In Stock Scam

By
August 8, 2007

Update: via AllahKos lets loose teh Gay slurs against Drudge for the report. Um, isn’t it a New York Times story and hasn’t Drudge recently been talking about how the majors troll him for links? And I thought only conservatives found the New York Times stories a bit queer.

That’s life in the big city … on Monday the Washington Post is touting you as a "new" Democrat Party insider

(Markos Moulitsas Zuniga of Daily Kos, Jerome Armstrong of MyDD and Matt Stoller, formerly of MyDD and now at Open Left, etc.) are now insiders in their own right, players in national party dynamics.

And on Wednesday the New York Times is reporting your $30k fine for a stock touting scheme complete with the SEC Report.

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,

Vis Numar isn’t just reading the stars these days … he is one. Congratulations, Vis – you have truly arrived.

Yet, not so long ago, he was called the Astrologer Jerome by some.

Astrologer Jerome Armstrong notes that Ixion and Quaoar are following close in Pluto’s wake in early Sagittarius, and connects the rise of the political version of religious fundamentalism with the astronomical exploration of the Kuiper Belt in 1992. He cites incidences as disparate as the rise of Osama bin Laden onto the world stage and the Republican Revolution of 1994, fueled by Christian fundamentalist voters and culminating now with all three branches of government in Republican control. In addition, he cites the ascendance of political Hinduism in India in 1996 with the election of the BJP. One might add to this list the emergence of Conservative majorities in Israel and the UK. [The author wishes to acknowledge the help and inspiration provided by astrologer and author Jerome Armstrong of AstroWorld.mydd.com for information and links regarding Varuna and Trans-Neptunians which have been vital to the preparation of this article.]

MyDD didn’t have anything to do with democracy, direct, personal, or otherwise when it started out as an astrological tabloid, forcasting the ups and downs of the stock market based upon the stars. One only needs a Wayback machine to confirm that. And it didn’t begin in June, click April to see that.

Even Ali-bubba re-appears to riff on no longer all that poor Jerome.

Comments:
  1. Observer says:

    I saw this explained a long time ago, the SEC sure drug their feet on this one compared to other time frames in their other cases.

  2. Don Surber says:

    I shall not gloat … that’s where you come in :)

  3. http://instapundit.com/archives2/007993.php

    MICKEY KAUS: “Markos Moulitsas’ co-author and MyDD blogger Jerome Armstrong–recently quoted assessing the state of the left blogosphere in Salon–has agreed to pay $30,000 to the S.E.C. to settle stock-touting allegations, according to TimesSelect pri…

  4. Bill Adkins says:

    If indeed this individual did so, he was simply following the example of your Great Leader, Kim Jong Bush. http://www.truthout.org/cgi-bin/artman/exec/view.cgi/7/3818

  5. Good Lt says:

    To be fair, it was a Kos diarist, not Kos himself.
    Yes, its Kos’s site, but the post was merely one of his minions of braindead flying monkeys spewing the homophobia.
    Maybe, if we’re lucky, the post will be deleted.

  6. Good Lt says:

    And to the guy who (seriously) just cited Truthout – yes, the ROVE IS INDICTED IN PLAME LEAK Truthout – as a credible basis for his paranoid Bush-hating fantasy…
    BWAHAHAHAHA….HAHAHAHAH!!!!

  7. Lucky Frown says:

    MyDDecptions: Busted!

    And, by the mysterious powers of Lucky Frown perception, we perceive that it was none other than Dan Riehl who first deduced that Armstrong and Vis Numar were one in the same.

  8. Daily Kos diarists one again shows maturity…NOT

    I probably wouldn’t have bothered even writing about this, EXCEPT, hat tip to Hot Air, I saw a DailyKos’s diarist’s reaction and it simply reinforced what I have written previously about the mentality and maturity of those Kossacks as well as their h…

  9. JorgXMcKie says:

    Shouldn’t the Astrologer Jerome Armstrong now be “frog-marched out in chains” or do we have to wait “24 business hours?” (h/t Truthout — or is that OutaTruth?)

  10. Their Stock-in-Trade:

    Markos Moulitsas’ co-author and MyDD blogger Jerome Armstrong agreed to pay $30,000 to the SEC to settle stock-touting allegations, Drudge reports. The SEC judgment is here. Riehl World View says Kos can’t change the subject by calling Matt Drudge “gay…

  11. RW says:

    ***And to the guy who (seriously) just cited Truthout****
    If you think that’s bad, go check out the nutcase’s home page. Really, all those folks are a dime a dozen (hence their need for gov’t to nurse them).

  12. Bill Adkins says:

    What, RW? Don’t like my homepage? In Russian I say to you, tough shitski. AS for needing the gov’t to nurse me, I’m betting I paid more in taxes last hear than you and the good lt made put together. That SSI check still showing up on time?

  13. What’ with the vicious homophobia on the left?

  14. chris says:

    Wow – This is HUGE news. I’ve been busy praying for Ted Stevens and didn’t know about it.
    Amen.

  15. templar knight says:

    Hey, Bill, I looked at your blog. You must be one sad dude, but hey, that’s ok, all you libs are either sad or mad, never anything in between. It goes with the territory, I suppose. Oh, yeah, there were no comments on your blog.
    chrissy, go over to Bill’s little blog and comment. He needs you much worse than Dan does. chris, I’m praying for you. I just wanted you to know that.

  16. Vero says:

    had to go see what the heck Bills “blog” was about – 5 leters came to mind
    L
    O
    S
    E
    R

  17. The Stars Are Wrong: Astrological Investment Counselor And Kos-Partner Jerome Armstrong Fined $30,000 For Stock-Touting Payola

    He was touting stocks without telling people he was being paid by interested parties to do so. What’s that perennial claim by the media? That they cover Republican sex scandals more than Democratic ones because the Republican sex scandals demonstrate…

  18. seekeronos says:

    Interesting how that dKos diarrhea-ist pulls out teh ghey card:
    “—
    Famous self-hating closeted homosexual and right wing propagandist blogger Matt Drudge has taken aim at the DailyKos community today. He’s running the following “breaking” story…
    —”
    Doesn’t take long for our ultra-homophobic friends on the Loony Left to pull that one out.

  19. Roy Johnson says:

    So, Bill, is “following the example of … Bush” an excuse nowadays? It’s ok for outspoken liberals to be like Bush now?

  20. Scape-Goat Trainee says:

    This story, along with the resulting reaction on Kos, should be sent to the campaign headquarters of every Democratic Candidate asking them if they really wish to continue to associate themselves with these idiots and go their little get togethers

  21. Bill Adkins says:

    why, it certainly falls under the right wing version – you know, ‘Clinton did it.’

  22. Pablo says:

    ***And to the guy who (seriously) just cited Truthout****
    What’s next, The New Republic?

  23. Bill Adkins says:

    ***What’s next, The New Republic?***
    What next, FAUX NOISE? Some right wing Blog?