Political Parties

Perry Calls for Congressional Insider Trading to be Outlawed

This is very smart on the part of the Perry campaign to jump on an issue that is grabbing headlines, and will most likely anger most voters who care about corruption in the highest levels of government.

“Congress certainly can’t be trusted to watch our money. And now it’s clear they can’t be trusted with theirs. Any congressman or senator that uses their inside knowledge to profit in the stock market ought to be sent to jail, period. And Congress ought to pass a law that says so right now–no ifs, ands, or buts.”

This is especially important for the Perry campaign as they try to fend off crony capitalism charges themselves.

The fact that the Occupy Wall Street movement marches on without any semblance of a rational, reachable goal, when something as simple as pushing for the “Stock Act” as described in the 60 Minutes report is neglected shows the dearth of common sense among those ‘protesters’.

Meanwhile, Newt “danooot” Gingrich calls for big banks to be divided up to reduce the threat of another “too big to fail” event in need of a government bailout.

“We should probably reestablish dividing up the big banks into a banking function and an investment function and separating them out again.”


  • Once Perry plummeted to single-digits, I thought he was done, no way to turn it around, but he does have a big war chest ($15 mil) and even with the SNL spoofs, most people aren’t plugged into these debates like political junkies, so most people really aren’t aware (or could care less) about his string of bad debate performances.

    If Perry can come up with a string of common sense ideas for reform like this, tap into the populist rage against bailouts and bankers and corporations fleecing America but still remain strictly Capitalist and non-OWS and take all of it straight to the voters via TV ads, who knows? Maybe dude can turn it around.

  • Mike, I think you make some good points. I’m just wary of his inability to debate well. He is almost the opposite of Newt. Newt would most assuredly destroy Obama in debate, but may not be likeable enough to win the general. Perry would have a greater chance to win the general, but might destroy his chances if he doesn’t debate well enough…

  • One thing Perry has going for him, there’s certainly no shortage of debates for him to sharpen his debate skills. I think you nailed it on Newt, I’d love to see him school Obama in the debates, but I think he’s got such a steep hill to climb to try to turn around the negative perceptions of so many women and Indies, I’m not sure he can do it, especially with the media surely doing just as they did in 2008 by being active cheerleaders for Obama.