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by GSDtravels on 16 April 2013 - 14:04
They sure can work outside of partisanship when it come to THEIR issues, now can't they?
Wake up PEOPLE!
Congress QUIETLY repeals insider trading ban
Wake up PEOPLE!
Congress QUIETLY repeals insider trading ban
by Two Moons on 16 April 2013 - 14:04
Truly SSDD.
by Micaho on 16 April 2013 - 15:04
Thank you for posting this, Travels. Is it as bad as it sounds, i.e., Congressional insider trading will resume, or just that Congressional employees do not have to post their financial activities on line? It sounds as if they still have to disclose certain transactions. I wonder to whom they will make the disclosures and if this is any more likely to be enforced than releasing their tax information. On the other hand, the President did say the STOCK act was to treat members of Congress the same as private citizens. And citizens don't post their earnings on line.
by Two Moons on 16 April 2013 - 15:04
I didn't post it Travels did.
There is and has always been a double standard in this country.
We just sit back and do nothing, re-elect the same ass holes to office year after year.
There is and has always been a double standard in this country.
We just sit back and do nothing, re-elect the same ass holes to office year after year.
by GSDtravels on 16 April 2013 - 15:04
I have to do some more research on this one Micaho. I'm still at work and found this on my lunch hour, can't dig anymore right now, too busy today.
by beetree on 16 April 2013 - 15:04
Micaho,
They have to report transactions over 1K, but not via an on-line database, as it was first incepted. The issue in the change is about security, how the internet changes not our right to know, but does it include how we have to receive that information? As usual this type of hype post never really tells the complete story and typically makes for a shocker of an out of context heading, only.
They have to report transactions over 1K, but not via an on-line database, as it was first incepted. The issue in the change is about security, how the internet changes not our right to know, but does it include how we have to receive that information? As usual this type of hype post never really tells the complete story and typically makes for a shocker of an out of context heading, only.
by Two Moons on 16 April 2013 - 15:04
LMAO
by Micaho on 16 April 2013 - 18:04
As long as using privileged information for insider trading is still illegal for members of Congress I am satisfied. Prosecutors may have to work harder to catch violators, but it can be done and is happening at state levels. Obama's actions in signing the repeal or not will be interesting after he praised the bill. But I think financial disclosures on the internet is TMI.
by GSDtravels on 16 April 2013 - 20:04
Hype post? That's pretty funny beetree. Here's a more reputable source for you, pretty much verbatim. Not as much hype in the headline, I'm sure that'll make you feel better.
The Seattle Times
And if it's such a useless tool, why was it included to begin, yet blocked from its inception?
The Seattle Times
And if it's such a useless tool, why was it included to begin, yet blocked from its inception?
by beetree on 16 April 2013 - 21:04
Congress Quietly Repeals Congressional Insider Trading Ban
House, Senate vote to curb disclosure requirements
Seriously, you don't see a difference between the headlines? Not to mention the meat of the article(s)? This has nothing to do with making me feel better like you would like to imply. Always the same tactic of debasement you seek when you go for the undermining of my confidence. Been there, done that. LOL
Why do you call the internet a "useless tool", hmm? I think the point is, that it is extremely useful for the most troublesome minded amongst us. That availability is like manna from above.
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