I have been bringing up inside trading within the government for a long time now..ever since Lieberman was interviewed on the subject and he said there were was no regulation, as no bill had been focused upon to deal with "insider knowledge" turning into "insider trading". Again laws for the rest of us, but they are too busy to make it law for themselves.
Rush brought it up a week ago like he never knew it existed. Pelosi got caught in a press talk the other day on the subject of her "insider knowledge" into a possible family "buy"..and she was really put out about it and escaped an answer.
This intended loophole within our government always needed more attention, like when they would arrest Al Capone and he would go down only after bringing in the IRS. More attention to this story..would show the public how corrupt these people really are in their WALL STREET insider activities.
I agree on insider trading.
Every elected official from local, state to federal should be required to provide a statement at the beginning of their term of net worth and assets. It would be the price of what they like to say is “serving”. Actually most of them serve only themselves at our expense.
When they leave office they should be required to provide a similar accounting, plus they should be required to justify and explain and swear to the accuracy of every increased dollar that they’ve made, much like a tax statement.
Failure to explain accurately or disclose truthfully should be an automatic 5-10 year no probation prison sentence at hard time, and most importantly without any statute of limitations. They need held accountable and without any ability to sidestep the punishment and crime forever.