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Congress Insider Trading

Posted On : November 26th, 2011 | Updated On : November 26th, 2011

In case you haven't heard, the same people who control the SEC that busts people trading on insider information, are in fact insider traders themselves. Members of Congress can legally make trades on non-public information they obtain during their official duties, CBS News' '60 Minutes' reported on Sunday night. Congress members can use market-moving information that they learn in congressional committees to trade on the stock market — actions that likely would carry stiff jail and civil penalties if they did not hold public office. This is nothing but the free market at work. Don't be jealous that congressmen can trade on inside information and you can't. Strive to become a congressman yourself that way you can do it to. You sit around all day and expect insider information to just be handed to you for free in newspapers? You lazy rotten entitlement pig. You need to love the free market you communist pig. Don't hate the lawmakers for insider trading. Become a lawmaker yourself that way you to can be exempt from insider trading laws and become a millionaire.

Posted in : business
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