60 Minutes: Congress legalized insider trading Part 1 of 2

[sumflow]

90 days reporting must be a joke in the stock act. The reporting of securities transactions should reveal to the public, hidden information that is happening now. Not some historical record of events gone past. Disclosure of confidential legislative information should be at least as timely, as confidential corporate information. An article in the Wall Street Journal suggested $5,000.00 reported in five days. Brian Baird who originated the Stock Act said, “Really it should be 48 hours.”

[00D00]

Nice, I've bee looking for this, missed it the other night.

[madscientistify]

just choose republicans into the white house then ur going to truly see the direction of the economy tank like nothing ever seen before

[libertydogfight]

Since Congress is Stealing $millions from our 401K's by insider trading then why does Congress need $170,000/year more of our Tax Dollars. Most a Congressman's time is spent making money for themselves, only 1-2 days /week they are actually in session selling out us taxpayers to corporate lobby's. If Congress doesn't work for the PEOPLE anymore then we don't need no Stinking Congress. Bet no Congressman lost money with MADDOFF cause they knew he was running a scam on small Americans.

[666sigma]

They ONLY reason that this is not illegal is because they write the laws. If we apply private sectror principles to the public sector, they would all be in jail like Bernie Maddoff.

No one should vote for any of scumbags ever, again. They should all be thrown out and we should find a way to throw them in jail. Who would trust them with a nickel, let lone $4 trillion in annual spending?