over a year ago of congress pass on the call the stop-gap
it was said to make sure that there
congress members and their staff did not do this at a trading was called stock
trading
on congressional knowledge is oftentimes in congress bill no
which direction
you know the market's going to go before anybody else as they have
insider information and what has acted as we said okay you know in the past
restraint on them but were clinton ourselves up what i can do that anymore
in fact physical description the stock act would have required members of
congress there is
and other federal employees making more than
under nineteen thousand
uh... dollars the year to disclose our financial dealings in an online database
that said it would have required
but waited already passed
where pastors what president obama said when he signed
the idea
that everybody plays by the same rules is one of our most cherished american
values this the notion of the powerful shouldn't get to create one set of rules
for themselves
and another set of rules for everybody else and if we expect that apply to our
biggest corporations or most successful citizens is certainly should apply to
our elected officials especially at a time when there's a deficit of trust
between this city and the rest of the country
a deficit of trust between washington and wrestles well that's certainly true
because congress hovers between nine to fifteen percent approval rating and
uh... everybody's losing faith in a democratic party the republican party
and all the different branches so
where they do
they repealed and major part of the stock act at the end of last week
when no one was paying it
he was supposed to apply it to the twenty thousand
staffers as well
they had already delayed it twice although we're gonna have to study this
no no no
we won one of the planet surface olympic
the spammers are very important
because oftentimes they're the guys who cut the deals
jack abramoff was on the young first once they remember he was the guy who
was the corporate lobbyist he went to jail for he's now reformists and tells
people districts in the trade
and he said one of the biggest race for the trade was i would go to a staff
around say
hey you seem to be really competent smart perhaps a better position for you
later
meaning havier good boy you know what i tell you to do alert pay you a lot of
money line
so the state of missouri credibly important whether they have some
information
is important
and so
now of course
they exempt in them
now than they do it in this with the same fanfare they get inside his fellow
empire
everybody
although we already na na na na na
fillets
the stock act
repeal of this porsche nine candidates the law applies to the president vice
president members of congress and some uh... officials that are appointed but
the staffers are enormously important part of this equation okay
the repeal would in the senate
ten seconds
in the house typical hole
fourteen sec
they were unanimous
they can get a green and
on the simplest background check
nine out of ten americans agree to it they wanted
than in the ass america's hehehe
should congressional staffers
and government employees be able to trade
on secret information that they have that nobody else has
and make money off that
i guarantee you there's not a deck out of ten americans who say hello how old
not right
and by the way the federal in playing it also on only got a lot and trade
there were one of the bad guys in this case
so what happens
and we want that
total bipartisan agreement
let's continue insider trader
now what of course what what the president obama is not going to sign
that right amin
here's a guy talking about a dozen of trust that we're putting the country up
in the government out that that i have a
you see what was going in the middle of the clue cabinets school at change
collided with david
as easy as any bill is ever done
they passed it
finally on a friday night
that's when they do the things that they don't want you to know about
they bury it before
you go to the weekend so nobody pays attention
and by the way here's a final icing on the cake
what was their official excuse
for repealing this incredibly important
check to make sure that they're not cheating
and that they're not getting any extra advantages in washington
they claimed it wasn't on wanted risk
ten national security
at a loss for spent as los
threatening agency missions individuals safety
and privacy
what eg show
support it we'll let you know insider trading
on the information you have the we don't have
that's our national security issue
it but somehow endanger your allen in danger
we got so mad
the your cheers the whole time had something of my but you're in danger
i think right unbelievable colossal joke
twenty simply using government officials
order for country
and people find out what stocks they have
and then what would happen
all of washington is a
so if you got excited for a second
but they were clean up their act with the stock act
bagby got another part of minimum
and by the way outside of us how many media outlets are covering this story
convicts c_n_n_'s word about this
but was somebody arrested for selling out a recipe omigod what's happening was
out of the cruise ships
that this is what your government's doing to you
based also the whole government
lock stock and barrel and you still say they're worried about what i would
appreciate