If any ordinary person did this they would go to Jail.
When Lawmakers make Laws that allow them to break the law that is a crime. No Lawmaker should be above the Law.
This is an absolute Breach of Trust. I would even say and act of Treason against the citizens of the US.
I knew about this years ago so what took everyone else so long to figure this out? If the US mainstream media had not been so corrupt this would have been brought to light years ago.
Koto’s to 60 minutes.
’60 Minutes’ Blows The Lid Off Congressional Insider Trading
’60 Minutes’ Blows The Lid Off Congressional Insider Trading
Zeke Miller | Nov. 14, 2011, 7:52 AM
Members of Congress can legally make trades on non-public information they obtain during their official duties, CBS News’ ’60 Minutes’ reported on Sunday night.
Legalized Corruption of Government Exposed by Abramoff
Former lobbyist Jack Abramoff (who spent time in prison after pleading guilty to corrupting public officials) exposed how the U.S. government is legally corrupted.
Government Corruption: U.S. Congress Exempts Itself From Insider Trading Laws
Washington conducts public business for private gain
By: Examiner Editorial
November 19 2011
It’s not been a good week for those whose livelihoods depend on either having access to the power brokers and decision makers of the Washington federal establishment or being one of them. Like the great and mighty Wizard of Oz who was exposed as all too human when Dorothy’s little dog Toto pulled back the curtain, the public’s business in Washington was shown to be conducted for private gain.
To begin with, among the multiple stunning revelations from Peter Schweizer’s book, “Throw Them All Out,” was that two past speakers of the House made millions of dollars as a result of information and opportunities afforded by their positions. Democrat Nancy Pelosi and her husband cashed in big time by getting special access to an initial public offering of Visa stock even as the House under her leadership refused to move important credit card industry reforms. Similarly, Republican Dennis Hastert bought a piece of land back home, then used an earmark to channel federal funds to build a highway nearby. Hastert more than doubled his money when he sold the land not long after.
Making a killing from public service is far from limited to Pelosi and Hastert, and often it’s perfectly legal because Congress exempts itself from many of the laws the rest of us have to observe, including those against insider trading. Lawmakers frequently say that they make a financial sacrifice to serve in Congress, but somehow they manage to leave Washington with a great deal more money than they had when they arrived. As former Alaska Gov. Sarah Palin wrote Friday in the Wall Street Journal, “the corruption isn’t confined to one political party or just a few bad apples. It’s an endemic problem encompassing leadership on both sides of the aisle. It’s an entire system of public servants feathering their own nests.”
The same culture of corruption is found at the other end of Pennsylvania Avenue, too. Just this week, President Obama – facing recession-levels of unemployment and a tough re-election campaign – had a choice between a decision that would create thousands of new jobs, or one that would insure millions of dollars in campaign contributions for his effort to secure a second term. At least 20,000 new jobs would have resulted if Obama had approved the Keystone XL pipeline, but that would have angered the environmentalists who oppose the project — and who have donated generously to Obama in the past.
You’d think that Obama would have locked up the environmentalist vote with the billions of tax dollars that he’s sent their way already. We learned additional details about that corrupt process this week when it was revealed that more than $16 billion of the $20 billion spent by Obama’s clean energy loan program went to companies linked to former members of his White House staff, prominent corporate campaign donors, and campaign contribution bundlers. The U.S. Constitution begins with the words “We, the people,” and goes on to frame a government that is supposed to be their servant. It’s time Washington was reminded of who serves who. Source
This another Documentary on Corruption but a bit different.
This explains how the US Government interferes with other countries. Corrupts their politicians and wages illegal wars. The US has also and still does drive other countries into financial ruin.The Weight of Chains explains a lot. These are the things still being done to many countries today. Do take the time to watch it. Knowledge is power.
I bet a few US politicians made a bundle on some these events as well.
If the link above does not work go HERE It has numerous links to choose from;
A few politicians made money on Private Prisons in the US.
In the UK seems some of the Politicians are also corrupt.Well this is old news. They have been corrupted for years.
If the mainstream media in both countries ever did their job as they were suppose to all of this would have come out years ago and much of the corruption would have been prevented.
A select few have done their jobs but many other have not. What the world needs now is a media that actually does their jobs. Oddly enough what governments do affects their families friends and recitatives as well. Of course if the owners of such media are preventing the truth from being told then those bosses should be reported. Publishing lies is illegal. The guy at the top is responsible.
Failing to tell the truth is a crime against the public at large.
The US main stream media promotes propaganda to promote their wars. The wars initiated by the US are all based on lies/fraud/misinformation.
When the press tells these to the public they are as guilty as the Government who wages the wars.
It is the job of the press to expose the lies/fraud/misinformation.
What is needed is for the journalists to do what the OWS folks are attempting, which is to say we’re not going to take it anymore. So to all the journalists take over the media and tell the truth. Start a new News site what ever but do take over and tell the truth. How many reporters are there in the US. If is were not for you those rich guys at the top would be broke. They need you more then you need them.
So to all the Journalists who want to tell the truth. Strike for truth. Join the OWS protesters. Imagine if every journalist in America walked off the job because they were forced to tell lies by the bad owners.
If it wasn’t for Bloggers and a few honest Journalist we would all be living in complete darkness.
For all the Testimony
The Iraq war was based on lies. Many in Congress or those who worked for the Bush Administration profited from that war.
Now it is Libya. Yes many in the US Government and other Governments will profit from the Invasion of Libya.
Libyans money was stolen with the help of the UN. Now much of that money cannot be found. This is theft. So who stole the money that not be fond. It didn’t just mysteriously vanish off the face of the earth.
Do we have a real reporter out there who can find out who stole the money or as usual will it be swept under the carpet?
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- Israel: Segregation of Children in Extremist religious schools, Lost rights of Women
- Over 7,000 prisoners are held in Libya
- New leaders in Greece, Italy are BANKERS
- US is lobbying nations to bring Cluster Bombs back “NO” would be my Answer
- Canada: Stop Harper’s cruel crime bill
- ICC to Probe NATO, NTC War Crimes in Libya War
- US, NATO and Rebel war crimes in Libya
- The Libya American’s never saw on Television
- The Iran you will never see on American Television