Obama signs STOCK Act, banning insider trading by members of Congress

Apr 4, 2012 | Posted by: roboblogger | Full story: Christian Science Monitor

President Barack Obama signs the Stop Trading on Congressional Knowledge Act, Wednesday, April 4, in the Eisenhower Executive Office Building on the White House complex in Washington.

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CBOW

East Berlin, PA

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#1
Apr 4, 2012
 

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So....Pelosi gets to retain her ill-gotten gains because the law banning insider trading didn't apply to her and the rest of the political elite? BLOODY HELLLLL.

“your life is great”

Since: Aug 09

you poop in clean water

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#2
Apr 4, 2012
 

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CBOW wrote:
So....Pelosi gets to retain her ill-gotten gains because the law banning insider trading didn't apply to her and the rest of the political elite? BLOODY HELLLLL.
that's sort of a one-sided comment.
you don't actually think the law was written because of one person, or one party do you?
did you see the report on "60 minutes"?
they're ALL guilty of it, every single one of them, and their aides too.
Wall Street Government

Sebastian, FL

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#3
Apr 4, 2012
 

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The new law lets the public see more of government officials' financial dealings yet some members of Congress said it fell short. Lawmakers abandoned an earlier proposal to require public reports from people who gather information from Congress and sell it, mostly to investors.
Called the STOCK Act, which stands for Stop Trading on Congressional Knowledge, the new law requires that public reports of new transactions exceeding $1,000 be posted online either 30 days after the individual was notified of a transaction in his or her account, or 45 days after the transaction.
Totally useless.
Don't put the money in my account but in a subsidiary that I own, problem solved.
I feel so much better, our politicians are trying to be honest.
NOT.

Since: Sep 08

Placitas, NM

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#4
Apr 4, 2012
 

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The Repuke watered it down, but it is better than nothing.

Since: Nov 08

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Apr 4, 2012
 

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PlacitasRoy wrote:
The Repuke watered it down, but it is better than nothing.
FLASH: THIS JUST IN FROM THE NON MEDIA MATTERS/MOVE ON PROPAGANDA SITES.......

OBAMA WAS ASKED TODAY BY THE CITIZENS OF AMERICA WHY?

Why do you deserve another term?

Why did you continue to lie to us, and why believe you now?

Why have you kept your records hidden since your first day in office?

Why have you divided the country?

WHY IS YOUR VISION FOR A SECOND TERM NOT PROVIDED?

WHY DON'T YOU INSTRUCT HARRY REID TO OBEY HIS OATH?

WHY..........don't you just plan on leaving.
Wall Street Government

Sebastian, FL

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#6
Apr 4, 2012
 

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Le Jimbo wrote:
<quoted text>FLASH: THIS JUST IN FROM THE NON MEDIA MATTERS/MOVE ON PROPAGANDA SITES.......
OBAMA WAS ASKED TODAY BY THE CITIZENS OF AMERICA WHY?
Why do you deserve another term?
Why did you continue to lie to us, and why believe you now?
Why have you kept your records hidden since your first day in office?
Why have you divided the country?
WHY IS YOUR VISION FOR A SECOND TERM NOT PROVIDED?
WHY DON'T YOU INSTRUCT HARRY REID TO OBEY HIS OATH?
WHY..........don't you just plan on leaving.

1) It prevents ANY tabagger nut job from taking over.
2)It is the nature of a politician and no you shouldn't believe him now.
What possesed you to somehow believe him in the first place?
He is a politician, how old are you?
3) George did that just fine and when Obama attained office, he scaled back or delayed the corporate takeover of the U.S. Government.
4)He has, teabaggers have selective hearing, comprehension, history, economics and memory.
5) It's the presidents job to instruct the senate?
Oh that's right it's the vice president that does that.
6) I have in 2016.
JBH

Richmond, Canada

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#7
Apr 4, 2012
 
Obama gives tax-payers money to businesses in the stock market and give bailouts.

Obama has made the rich (about 1 %) richer in the stock market.

Obama has made the poor (30%) more poor.

Obama has given bigger jobs to already wealthy people ( 3%) making more wealth.

Obama has made the middle class and average people nothing, but taking their money to give to the already rich (2%) the more money , and giving middle-class large household-debts and no jobs.

Since Bush era, Obama by saying jobs are coming back, is equal to net loss of jobs-there were more people employed during Bush period than today ---Obama has lost the jobs of Bush times and still cannot get them all back when saying jobs are coming back, to the end of his presidency .

Obama is specialized to make 1% rich people richer, and rip off middle-class money to give to businesses and in stock market.
Obama generates more poor people than Bush era. There are more poor people created by Obama these days than Bush days.
JBH

Richmond, Canada

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#8
Apr 4, 2012
 
Whatever Obama has to do, IN ORDER to make increasing the highest national debts since history of time , to even go to the extent to make the middle-class and most everyone broke, is to see 1% of people get rich in the stock market, as the stock market is what they call as high now.

THAT IS OBAMA'S speciality, BUT NOTHING ELSE AS FOLLOWS__)

==-=== Obama gives tax-payers money to businesses in the stock market and gives bailouts.=========
last emper

Noblesville, IN

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#9
Apr 4, 2012
 
i-BOW wrote:
So....Pelosi gets to retain her ill-gotten gains because the law banning insider trading didn't apply to her and the rest of the political elite? BLOODY HELLLLL.
who bow!!! ;)
last emper

Noblesville, IN

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#10
Apr 4, 2012
 
anneutral wrote:
<quoted text>
that's sort of a one-sided comment.
you don't actually think the law was written because of one person, or one party do you?
did you see the report on "60 minutes"?
they're ALL guilty of it, every single one of them, and their aides too.
60 minute mate CBS with Charlie Rose! trying 60 second on Toothpix-Toppix Sanforum ;-00
leMango

Naperville, IL

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#11
Apr 4, 2012
 
JBH wrote:
Whatever Obama has to do, IN ORDER to make increasing the highest national debts since history of time , to even go to the extent to make the middle-class and most everyone broke, is to see 1% of people get rich in the stock market, as the stock market is what they call as high now.
THAT IS OBAMA'S speciality, BUT NOTHING ELSE AS FOLLOWS__)
==-=== Obama gives tax-payers money to businesses in the stock market and gives bailouts.=========
Agreed! And what better way to reduce that debt than lowering taxes to the lowest rates in the history of time!(okay, maybe just 1913, but who's really counting)

To be serious for a moment, the last time we had this debt was after WW2, and we sure as hell didn't get out of it then by kneecapping the tax rates. I know a lot of people talk about how president Obama has taken so-called "unprecedented actions" as president, but it would be a mistake to think that Paul Ryan's budged isn't unprecedented, too.
Sick of Stupid

Santa Rosa Beach, FL

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#12
Apr 5, 2012
 

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JBH wrote:
Obama gives tax-payers money to businesses in the stock market and give bailouts.
Obama has made the rich (about 1 %) richer in the stock market.
Obama has made the poor (30%) more poor.
Obama has given bigger jobs to already wealthy people ( 3%) making more wealth.
Obama has made the middle class and average people nothing, but taking their money to give to the already rich (2%) the more money , and giving middle-class large household-debts and no jobs.
Since Bush era, Obama by saying jobs are coming back, is equal to net loss of jobs-there were more people employed during Bush period than today ---Obama has lost the jobs of Bush times and still cannot get them all back when saying jobs are coming back, to the end of his presidency .
Obama is specialized to make 1% rich people richer, and rip off middle-class money to give to businesses and in stock market.
Obama generates more poor people than Bush era. There are more poor people created by Obama these days than Bush days.
But OBama is a Socialist hell bent on the redistribution of wealth to the crack addicted poor.
How is it possible the rich prosper under a commy socialist?????

Since: Nov 08

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#13
Apr 5, 2012
 
Sick of Stupid wrote:
<quoted text>
But OBama is a Socialist hell bent on the redistribution of wealth to the crack addicted poor.
How is it possible the rich prosper under a commy socialist?????
He is one of them.

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#14
Apr 5, 2012
 
leMango wrote:
<quoted text>
Agreed! And what better way to reduce that debt than lowering taxes to the lowest rates in the history of time!(okay, maybe just 1913, but who's really counting)
To be serious for a moment, the last time we had this debt was after WW2, and we sure as hell didn't get out of it then by kneecapping the tax rates. I know a lot of people talk about how president Obama has taken so-called "unprecedented actions" as president, but it would be a mistake to think that Paul Ryan's budged isn't unprecedented, too.
Both are new to the times we live in. We've never made a trillion plus a year in over spending.
CBOW

East Berlin, PA

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#15
Apr 5, 2012
 
anneutral wrote:
<quoted text>
that's sort of a one-sided comment.
you don't actually think the law was written because of one person, or one party do you?
did you see the report on "60 minutes"?
they're ALL guilty of it, every single one of them, and their aides too.
"REST OF THE POLITICAL ELITE" was in my statement......
CBOW

East Berlin, PA

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#16
Apr 5, 2012
 
last emper wrote:
<quoted text>
who bow!!! ;)
Cbow, and don't you forget it!:)

“your life is great”

Since: Aug 09

you poop in clean water

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#17
Apr 5, 2012
 
CBOW wrote:
<quoted text>
"REST OF THE POLITICAL ELITE" was in my statement......
So....Pelosi gets to retain her ill-gotten gains because the law banning insider trading didn't apply to her

then why did you name anyone at all?
CBOW

East Berlin, PA

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#18
Apr 5, 2012
 
anneutral wrote:
<quoted text>
So....Pelosi gets to retain her ill-gotten gains because the law banning insider trading didn't apply to her
then why did you name anyone at all?
Her activities with the Visa stocks was the act that got the ball rolling, thus it should be referred to as the Pelosi act......

Since: Nov 08

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#19
Apr 5, 2012
 
anneutral wrote:
<quoted text>
So....Pelosi gets to retain her ill-gotten gains because the law banning insider trading didn't apply to her
then why did you name anyone at all?
poor Martha Stewart.......
CBOW

East Berlin, PA

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#20
Apr 6, 2012
 
Le Jimbo wrote:
<quoted text>poor Martha Stewart.......
Not that I pity Martha, but she was punished for the very thing that Pelosi did and Pelosi actually formulated, with help, the plan and law that provided her that 16 million dollar insider trading windfall. Our politicians are our own worst enemies.

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