Thursday, April 5, 2012

Stock Act signed



Back on January 24, 2012 State of the Union, the President said, “Send me a bill that bans insider trading by members of Congress; I will sign it tomorrow.”

Yesterday, Obama signed into law the STOCK Act, a bipartisan bill that prevents members of Congress from trading stocks based on nonpublic information they obtain in the position of their elected office. He failed to mention all his top bundlers, those 1 percenters he likes to diss when convenient, who recently were invited to a big March 14 Whitehouse event and gave nearly $11 million to his campaign...Wall Street insiders and fat cats who I guess never get any inside info.

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