Tuesday, November 15, 2011

Congressional insider trading: who's 'the rich' again? (UPDATE)

Damnable, from Pelosi to Boehner. This 60 Minutes piece that aired on Sunday night hits the Washington Establishment of both political parties hard, and deservedly so...

Since this piece aired, investigative reporter and Breitbart editor Peter Schweizer, author of the new book Throw Them All Out, has further elaborated on others benefiting from such insider deals: Sen. Feinstein loaded up on biotech stock just before the company received a $24 million government grant, Obama-backer Warren Buffett helped shape the bailout rules and then made massive profits from them, and the list goes on and on.

How ironic, particularly with these rich Democrats, who are strategically and politically targeting the successful in America and determining whether you're a friend or foe of the all-powerful State. You can call it crony capitalism, you can call it venture socialism; whatever the case, it is corrupt and unethical. And now the underlying hierarchy that's not supposed to exist in their utopia is revealed through the true greed partaken by Washington's Political Class.

Mark Levin weighed in on the latest revelations with his unique insight and candor...

UPDATE: Here's another one: Robert Kennedy, Jr's 'green' company scored a $1.4 billion taxpayer bailout. It's quite peculiar how that Stock Act that no one seemed to know about in the 60 Minutes piece, which bans congressional insider trading, has suddenly gathered steam, from 4 co-sponsors to 35 in just two days!  Congressional undergarment check, perhaps?

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