Oh yes, Congress is serious about insider trading now. After all, they took a vote and there was “bi-partisan support” in the House of Representatives to “outlaw” this pox on Congress’ hard (yet obvious) earned reputation of “laws for thee but not for me.”
Someone tell those honorable hacks in the house they spelled outlaw wrong, because they obviously meant outsourced. Because when it comes to insider trading, your favorite congress critter will simply let ol’ Uncle Fraudenfranker place the stock orders for them.
They just are trying to put a law into place where we all feel better in thinking “they” aren’t doing it. And it isn’t even a “law”….it’s actually just a rule, or as Captain Barbossa would say, “They are more like guidelines.” Yes, Congress is trying to make you think it won’t insider trade when what it’s really doing is putting in a system where it, and only it, can be protected from prosecution for insider trading by proxy.
Martha Stewart was unavailable for comment; mainly because you were told to hate her, because she’s rich and did what she did. Funny how that doesn’t work for Congress when they are all doing the same thing Martha did, only trying to get rich. That’s what happens when there’s $7 TRILLION plus at your fingertips and you know where government is gonna spend it. It’s simply too big a temptation to pass up.
So when they get called out and you have Congress’ power, what is “your guy” to do? That’s right, write a law that makes it look to the people that you’re on the up and up, which allows you to do it on the down-low.
And that’s all this is. Just another example of our elected elites making a way for them to break the law while assuring government can come down harder on you if you even attempt to do what it is doing. After all, who has more inside info? The entity with trillions to spend or your neighbor who’s deciding whether to pay rent or go grocery shopping?
No wonder they come up with this bovine scat for the people. If you knew the truth, you’d despise them more than you ever even considered Martha’s mistakes.
I think I’ll add to my “It’s all money-laundering” with “and insider trading.”
Like my daily devotional from Max Lucado said this morning, “We validate our existence with a flurry of activity.” Just replace the “we” with “Congress.” If they can keep you occupied with the busy-ness and complications of everyday life on one hand, you’ll never see what they’re doing with the other. Why do you think Congress holds so many hearings and floor speeches where they address myriad, serious issues and problems in five-minute, talking-point pontifications that have nothing to do with getting to the heart of the matter in actually helping the citizens they are alleged to serve?
Here’s an example. You recall how we have been sold the line “Diversity is our strength?” Not that we need it, as most humans I know take each person as they come regardless of any criteria and assess from there. We already have rich, diverse lives. But government leaders sure keep us caught up in the minutiae of everything surrounding that. We fight about it literally every day. All the way to this reason why they want us to fight: Division among the citizenry is their strength.
Honestly, have you ever seen Congress make a law that benefits everyone? The question is rhetorical, because the answer is simple. It can’t. That’s why I propose the next, and only, law government writes is this: The people shall no longer refer to anyone elected as a “lawmaker” in the fervent hope these elitist asses stop writing laws. Especially ones they have no intention of obeying, which is basically all of them.
This is why term limits will never become law. I mean, you need years in office to really cash in on insider trading as it takes many forms. This is why the Save Act will never pass. First off, because the people don’t know what’s in it, because we need to be fighting over it. But more importantly because your congressperson doesn’t know what type of electioneering they might need to win the next round, so they only want something in place which protects their winning.
Do you honestly expect something different from a group that can’t even sanction its members for heinous behavior and paying off victims of sexual abuse with taxpayer dollars while keeping them secret?
Now, I realize this is simply a quick look at the antics of an outlaw organization. But what else do you need to have your Spidey senses go off on this web of deceit, cheating and money-grubbing we call Congress? Haven’t you ever looked at something or someone and just knew, “That ain’t right.” I see it every day. How else can you explain Congress having us fight over this or that few billion dollars, because we can’t afford it as a nation, when they are literally spending trillions every year?
Heck, in Colorado they’re trying to destroy our Taxpayer Bill of Rights under the guise of school “underfunding” when the state budget has DOUBLED the past 20 years or so. It’s not because the state doesn’t have the money for schools; it’s all about how lawless lawmakers buy votes with our money. Why can’t we have a state where education is fully funded and our taxpayer rights (that can be a whole other column) are still in place?
That’s right: politicians and unions and public education and their access to that money and power.
Again, this column only treads the surface as it meanders along the shoreline of the ocean that is government and its largesse. But passing silly, public-relations, ineffectual, anti-freedom laws and rules that your favorite politician will break tomorrow isn’t the answer. Nor are laws “legalizing” things for the people that are really written to assure the government gets to run this or that – think pot, gambling, drugs and tobacco and now voting, insider trading and “term limits.”
All one needs to do is look at the tribute paid (maybe I should add “tributes” to the stuff mentioned before) to government from all the “insider trading” involved in these “industries,” or the machinations involved that affect you and not them, and you just know in your gut something is wrong, very wrong.
The only way to get a government for the people, by the people is to reduce the size and scope of the government leviathan we already have. And that means removing the power. When you remove the power, the money will follow and so will the scam artists we call politicians. It would help if we all stopped going to them to solve every little problem we have. Because where we see a problem, they see a vote, power and money, the real problems in government.
As George Carlin once said, “It’s a big club, and you ain’t in it.” Now, I don’t want to be a member, but I’m all for shutting down the secret society. And that includes “your guy.”
We already wrote the laws needed in 1787. Maybe start there. You know, when government was small, and broke. Quite the opposite of today, except the broke part. But that only sucks for the law-abiding taxpayers. We just don’t have enough votes to stop it anymore.
In Truth and freedom.
Craig Hall is owner and publisher of The Business Times. Reach him at 424-5133 or publisher@thebusinesstimes.com
