I'm not really a fan of the web site, but read this and remember when congress-critters defend the 1%, they are defending themselves. (Not that I have anything against the 1%). Also, read about how Congress is exempt from insider trading.
http://lewrockwell.com/rep2/to-get-rich-get-elected.html
#1 The collective net worth of all of the members of Congress increased by 25 percent between 2008 and 2010.
#2 The collective net worth of all of the members of Congress is now slightly over 2 billion dollars. That is "billion" with a "b".
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#5 The net worth of House Minority Leader Nancy Pelosi increased by 62 percent from 2009 to 2010. In 2009 it was reported that she had a net worth of 21.7 million dollars, and in 2010 it was reported that she had a net worth of 35.2 million dollars.
#6 The top Republican in the Senate, Mitch McConnell, saw his wealth grow by 29 percent from 2009 to 2010. He is now worth approximately 9.8 million dollars.
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#9 Insider trading is perfectly legal for members of the U.S. Congress – and they refuse to pass a law that would change that.
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Well, there are lots of ways they are raking in the cash, but one especially alarming thing that goes on is that members of Congress often make investments in companies that will go up significantly if legislation that is being considered by Congress "goes the right way".
This is called a "conflict of interest", but it happens constantly in Congress and nobody seems to get into any trouble for it.
Straight. Up. Gangstah.
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