Friday, April 06, 2012

PRESIDENT OBAMA Signs CONGRESS STOP TRADING BILL


A LAW NEEDED ~ THAT WE SHOULD`NT NEED ! BUT DO !


It should be noted that Rep. Steve Cohen(D), District#9-Memphis(upper right) was one of the original sponsors of this bill !


This week President Barack Obama signed into law the Stop Trading on Congressional Knowledge (STOCK) Act, which prohibits commodities and securities trading based on nonpublic information relating to Congress and require additional reporting by members and employees of Congress. While the bill is not perfect, it will put an end to trading on inside knowledge by Members of Congress and their staff, and I am proud to have been one of the original nine sponsors of the bill. You can read President Obama’s remarks on the bill here.

Editorial: It is so sad that our elected officials need oversight. However, they do ! Thank you Mr. President. Thank you Congressman Cohen !


"Democracy...is two wolves and a lamb voting on what to have for lunch"!

Liberty...is a well-armed lamb contesting the vote.


Fiat Lux

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