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Old 04-20-2013, 02:18 AM   #47
BucEyedPea BucEyedPea is offline
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This isn't the only bad thing done in DC while Boston was being watched and the news never mentioned any of these things.


1.) For example, did you know that late Monday, incidentally, the day of the Marathon, Obama signed into law that makes it easier for members of Congress and their staffers to engage in insider trading? There’s a reason that most politicians are rich, and it’s not generally because they’re just lucky. According to “On the Money“, The Hill’s economy and finance blog:
President Obama quietly signed legislation Monday that rolled back a provision of the STOCK Act that required high-ranking federal employees to disclose their financial information online.

The White House announced Monday that the president had signed S. 716, which repealed a requirement of the Stop Trading on Congressional Knowledge (STOCK) Act requiring the disclosure, which had previously been delayed several times by Congress.

That provision, added to the bipartisan bill aimed at halting insider trading by members of Congress, would have required roughly 28,000 senior government officials to post their financial information online, and had come under harsh criticism from federal government employee unions.

Both chambers of Congress quickly – and near silently – approved the repeal legislation at the end of last week by unanimous consent, just before heading home to their districts.
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