Well look at Congress, insider trading was actually LEGAL for them until a couple years ago. Talk about stealing from the people. That just blew my mind when I heard that especially since I lost a ton of money on stocks about 7 years ago. Look at Al Gore, worth $300 million now even though he’s been unemployed for the past 12 years and never held a job that’s paid more than $200k a year before taxes. It’s incredible what our public SERVANTS get away with yet people just keep voting these pieces of pig vomit into office. It’s all about education, the word is just not getting out there and I directly blame the media. They are absolute scum of the earth.
Congress did enact a law in 2012 making insider trading illegal for themselves but here is the latest news:
Repeal of insider trading ban frees top officials to line their pockets again
April 24, 2013
"Congress passed the Stop Trading on Congressional Knowledge (STOCK) Act in 2012 in response to the public outcry over members' self-serving insider trading scandal last year. As with most laws, what is a crime for citizens was not illegal or unethical for members of Congress and their staffs. The STOCK Act addressed this loophole by requiring lawmakers and government officials to post their financial transactions online.
It was a fleeting moment of transparency and accountability. Like a cowardly thief in the night, members of Congress quietly colluded to repeal the reporting requirements of the STOCK Act this year by unanimous consent: The shameful ordeal took all of 10 seconds in the Senate and 14 seconds in the House.
See: http://tinyurl.com/cjjttbo