Insider Trading For Me, But Not For Thee
Posted on April 17 2013 - 1:56 AM - Posted by: Brian Lerch
We all know Governor Palin has spent more than two decades fighting crony capitalism and corruption. From her days as a young member on the Wasilla city council, to a mayor, oil and gas regulator, Governor, and beyond, she has fought to shine a light on those in power who use their positions for financial gain and who impose one set of rules on the people while they live by another.
Peter Schweizer, who spent some time working for Governor Palin, has been at the forefront of this issue. He wrote a book entitled Throw Them All Out, which inspired 60 Minutes to do an extensive piece on what amounted to insider trading inside the United States Congress. After seeing the piece and receiving much public outcry, Congress decided to act on this by passing the STOCK Act. That was a little more than a year ago.
Well, it seems as if the politicos on DC feel the public has forgotten about this and they can go back to their old ways, since they pretty much decided to gut the bill.
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