Tag Archives: inside information

Do as I Say, Not as I Do

Eric Cantor Delays Key Legislation

Some people say Eric Cantor wants to hold onto the keys to the treasure chest just a little longer – if not indefinitely.  By not allowing a vote on the Stock Act, introduced by Democrats Louise Slaughter and Tim Walz, he is allowing the congress to continue their self-legalized insider trading.  This bill is an effort to deal with the obvious conflict of interest issue by increasing disclosure, in an effort to ensure legislators cannot benefit from inside information.   As it stands, congress members and their staff can legally benefit from non- public information learned while doing their jobs.  Cha-Ching!  This explains why many go to congress members of the 99%, and leave members of the 1.

– L. Morales
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