Corruption ... at its best.
Martha Steward gets jail time for selling stocks on "inside info", yet congressional thugs can buy and sell with direct knowledge (and possible control) of legislation and regulation that will influence said stocks - in DIRECT conflict of interests - and it's legal?
Something stinks - must be DC.
This article cites Republicans for questionable ethics, leaving out several notorious Democrats like Sen. and Mrs. Daschle.
"This may have less to do with their market skills than their knowledge of upcoming bills or regulations benefiting certain companies."
Can someone explain why this is not considered insider trading? It looks like insider trading to me.
1 Timothy 6:10.;
There is nothing new under the sun.
Very simply: when buying and selling are controlled by legislation, rather than by free markets. the first things bought and sold are legislators. For personal gain they have ignored the Austrian school of economics and sold us all down the river as well and our children shall inherit their debts. To protect their own interests and their asses they have no shame. Therefore, nothing will be done about it. What has happened to the Sandy Burger burglary? What about the Rathergate investigation that was to release informative findings in "three weeks"? Could it be to protect the real criminals in the Kerry campaign. What about the many criminal tresspasses of Hillary?It goes on and on. There are the laws for us-then there are the lawless in the capitol the laws don't appy to. So much corruption exists in D.C., and so few of the sheeple even care, that I see no solution before the Republic implodes.Sad.
BUMP
wow, who knew
No wonder all those bastards get so rich. Another sickening example of criminal behavior by our government. No people I am not even close to a lefty.
As I've been saying.. trade policy has more to do with what these traitors want for themselves at the top than what America needs. Big business and the politicians are raking it in over the corpse of our economy while we're thrown out on the streets and disowned of our jobs.