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.”