Monday, February 13, 2012

Cantor Wants to Stop Insider Trading Ban? (for 2/3/12)

President Obama challenged Congress in last month's State of the Union address to pass a bill outlawing insider trading by members of Congress. The bill, known as the Stop Trading On Congressional Knowledge (STOCK) Act, has 273 co-sponsors. But, Eric Cantor is holding up the bill to include other kinds of unrelated economic activity such as land deals. This is an effort on his part to water down or even kill the bill and deny Obama a big public relations victory that will boost his re-election efforts. It shows the corruption that exists in Congress and why Congressional approval is at an all-time low. This commonsense bill should pass without being watered down and not be subjected to any individual Representative's desire for any special exemption. Therefore Cantor is totally corrupt and unworthy of the Office he holds. http://thinkprogress.org/economy/2012/02/02/417767/cantor-insider-trading-ban/

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