Chris “Tinkle Up my leg” Matthews (MSDNC) on Obama:
More Peter Schweizer: http://www.breitbart.tv/glenn-beck-interviews-peter-schweitzer/
If you have connections, however, you can game the system to your advantage. As government grows larger and larger, the influence of special interest becomes entwined within the bureaucracy. It’s like allowing Morning Glory to grow in you flower bed. At first, the plant might stay where you put it and help populate your trellis with a blanket of leaves and the morning flowers. Left unchecked, however, it will quickly take over everything within reach and begin altering the intended appearance of your flower bed. If left to go to seed, you will spend the rest of your life trying to keep it from coming up every spring.
Our government has reached the stage of a garden overrun with Morning Glory. It can no longer be contained within its intended boundaries. It has morphed into a hideous weed that threatens to destroy any appearance of a garden. It’s now providing cover for other undesirable elements like rodents and herbivores, which we call lobbyists and legislators. Mosquitoes and bureaucrats hide in the shade of its leaves during the day and then attack us at nightfall.
There is only one answer to correcting such a state. The garden must be completely uprooted an tilled over before you can replant. It might take a few seasons to rid yourself of unwanted growth, but in time, the garden will once again take on its intended appearance. Never again can Morning Glory be allowed to take hold. (roderic deane)
Prior to the release of Breitbart editor Peter Schweizer’s blockbuster book, Throw Them All Out, legislative efforts to pass a bill banning insider trading by members of Congress had floundered.
But all that is changing—and fast.
Congressman Tim Walz (D-MN) says that before the 60 Minutes report on Schweizer’s book, his STOCK (Stop Trading On Congressional Knowledge) Act, H.R. 1148, had only garnered four cosponsors in Congress since he and Rep. Louise Slaughter (D-NY) (one of the key votes for Obamacare by the way…) re-introduced the legislation on March 18, 2011.
In the two days since the 60 Minutes program aired, Walz says the number of House members supporting the bill has shot up to thirty-five, and climbing.
The rock has been removed and all the cockroaches are scrambling for cover!
According to Walz’s website, the STOCK Act:
- Prohibits Members and employees of Congress from buying or selling securities, swaps, security based swaps, or commodity futures based on nonpublic information they obtain because of their status;
- Prohibits Executive Branch employees from buying or selling securities, swaps, security based swaps, or commodity futures based on nonpublic information they obtain because of their status;
- Prohibits those outside Congress from buying or selling securities, swaps, security based swaps, or commodity futures based on nonpublic information obtained from within Congress or the Executive Branch;
- Prohibits Members and employees of Congress from disclosing any non-public information about any pending or prospective legislative action for investment purposes;
- Requires Members and employees of Congress to report the purchase, sale or exchange of any stock, bond, or commodity future transaction in excess of $1,000 within 90 days. Members and employees who choose to place their stock in holdings in blind trusts or mutual funds would be exempt from the reporting requirement; and,
- Requires firms that specialize in “political intelligence” and that obtain their information directly from Congress to register with the House and Senate, much like lobbying firms are now required to do.
The legislation, which was originally introduced by Rep. Brian Baird (D-WA) in 2006, has also attracted bipartisan support in the Senate, with Sen. Scott Brown (D-MA) and Sen. Kirsten Gillibrand (D-NY) proposing their own version of the bill.
Congressman Walz says the 60 Minutes report on Throw Them All Out is making all the difference.
“If you didn’t think Congress’ approval rating can go any lower than 9 percent, have them watch the 60 Minutes story,” he told the Mankato Free Press. “And that’s a problem.”
Everyone should. Then go buy the book. Then Vote the bums out!
Big Government’s story says Pelosi and her husband purchased $1-$5 Million of the stock, which then skyrocketed in value to a 203% return on the Pelosi’s investment.
“Soft Corruption” is the term Peter Schweizer uses for the “honest” graft available to members of Congress – insider trading, for example, which is not illegal for our Congressional “public servants.” Repeating: insider trading laws do not apply to Congress.
Oh, and the Super Committee failed due to partisan intransigence. SURPRISE!