Yet One More Way That Money Corrupts Politics…

By on November 24, 2011 in News 3

For some reason, insider trading laws do not apply to members of Congress, whose back-rooms dealings give them special knowledge of how upcoming votes will effect the market. Steve Kroft of 60 Minutes reports:

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  • http://pointax.blogspot.com/ pointax

    What’s funny to me is that this comes as a shock to people. The amount of info that goes through the halls of congress that the regular joe does NOT have access to is staggering. It just proves a point i and many others have said for years, big gov and big business are in bed with each other, and unless you scratch the back of certian people, you will not get far in politics or business.

  • Robert Paulson

    In the year 2000… We the People will be known as sheep and pizza as a vegetable.

  • http://buzzcoastin.posterous.com BuzzCoastin

    let’s see if we can put this puzzle together:
    the  economy tanks
    and congresses’ aggregate wealth increases
    at above average levels
    mostly through their “investment” portfolios
    which are not held in a blind trust
    Hmmmmmmmmmmmm
    i wonder how that happened