Posted on 03/08/2012 8:24:36 AM PST by redstateone
The bill spearheaded by Breitbart editor Peter Schweizer banning members of Congress from using nonpublic information to profit their personal investments may hit a wall in the form of Sen. Harry Reid (D-NV).
On Monday, Mr. Reid indicated that he may simply accept the watered down version of the STOCK (Stop Trading On Congressional Knowledge) Act passed by the House instead of sending the bill to a conference committee to hammer out the significant differences between the House and Senate versions of the bill.
“There is a decent chance that we will just take the House bill. That would be the path of least resistance. Reopening the debate would be complicated and controversial.”
(Excerpt) Read more at breitbart.com ...
Watered down version from the House. GOP has a majority in the House. What does that tell you?
translation: Let's cover this pile of s*** before the rest of them fined out
Of course he will, he’s one of the big boys of insider trading.
That depends on whether having a majority is sufficient to overturn Reid or whether they need a super-majority to do so.
But definitely take Republican names that vote with Democrats on this.
What is the difference between the murder for hire baby killers and our elected officials?
Nothing, just try getting between either one and their stealing of tax payers money.
We don't need a new law.
We need for the FTC to start handing out indictments.
If a law has to be passed making it illegal for members of congress to engage in insider trading, does that mean a law was passed previously that made it legal?
There is a reason people of both sides spend a lot of money to get elected. Perks. Insider trading is just one of them.
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