Congress Rebukes SEC Investigation into Insider Trading: Apparently people in Congress, and those working for people in Congress, are up to the old trick of making money off of stock market fluctuations brought about by legislative intervention. Now there are two ways to deal with this problem. The first is to regulate the system and hope there is a full two week period in which no bypass to the regulation is formulated. The second is to cure the disease of business in politics by curing the even greater disease of politics in business. Fortunately there is no additional legislation needed for that cure. The founders provided it for us in Section Eight of Article One and all that is now required of us is to observe it. (H/T PoppaJoe49, thanks!)
This post was last modified on January 26, 2021
View Comments (6)
Here you go again. Show up in Congress barely making it by and all of sudden you are a multi millionaire. Typical criminal bull shit. If this was done by some of us out in the real world we would get to do the perp walk with matching bracelets that fit firmly around the wrist.
Congress, lower than whale shit and sinking......
What really gets me is that they made all kinds of noise prior to the last election about ending insider trading in congress, and then after the election, they gutted the bill they wrote and campaigned on!
What a pile of scumbags!
Why should Congress be exempted…
From an insider trading investigation,
That is like an organized crime investigation exempting the Mafia,
They had no problem sending a prominent citizen to jail for doing something they do as a matter of daily practise.
Congress IS organized crime.
Well, perhaps not ORGANIZED.