Joe Lieberman contradicts Sarah Palin: Where's evidence of insider trading? (VIDEO)

The Christian Science Monitor ^ | December 13, 2011 | Dave Cook

[2ndDivisionVet]

Sen. Joseph Lieberman, chairman of the Senate Homeland Security and Government Affairs Committee, disagrees with Sarah Palin on whether there is proof that members of Congress are engaged in insider trading. But the independent senator from Connecticut agrees with her conclusion that legislative action on the issue is needed.

“I don’t have any evidence that there is insider trading by members of Congress,” Lieberman said Tuesday at a breakfast for reporters hosted by the Monitor. But he admitted that in the wake of Peter Schweizer’s book, “Throw Them All Out,” and a 60 Minutes segment on the subject, “a lot of people around the country including my constituents … think there is.”

One such person is Republican political icon Sarah Palin. In an op-ed Tuesday in USA Today, the former Alaska governor said that thanks to Mr. Schweizer's book and the 60 Minutes story, “we have concrete proof” to explain how members of Congress “accumulate wealth at a rate astonishingly faster than the rest of Americans and have stock portfolios that outperform even the best hedge-fund managers.”

Palin charged that "the methods of unethical wealth accumulation for our permanent political class are endless."

Earlier this month, Lieberman’s committee held hearings on alleged congressional insider trading and whether members of Congress are subject to insider trading rules, which forbid the use of non-public information for personal gain....

[ronnie raygun]

We want a hearing we want to open the books on all of these criminals

[rabidralph]

Wow, and Barney Frank dating an executive from Fannie Mae probably didn’t bother Lieberman either.

[cookcounty]

The Congressmen and Senators are just unusually lucky with their investments, time after time. After all, they ARE way smarter than everybody else, as Joe will be happy to tell you.