Hi Brother Chuck Schroeder:HR.1148 has been introduced as of January
26th. I would think it has a fair chance of passing since it has about 250
co-sponsors. Curious though that neither John Boehner or Nancy Pelosi signed on?
Then these two bills will have to go through the compromise process. We all know
what that is: finger pointing, finger poking, he said, she said, they won't, we
won't and in the end they won't because it is not in their best interest!
Right now, members of Congress can make personal investment decisions based on
confidential information they get in the course of regulating industries and
doing their work.It's kind of unbelievable that this isn't already
illegal. President Obama wants to make it illegal once and for all - no one
should profit from inside information about the very businesses they're supposed
to be regulating.Today, the Democratic leadership in the Senate
voted to move forward on a bill to extend to Congress the same strict rules that
apply to anyone else whose job gives them access to sensitive information about
businesses. This legislation is expected to pass the Senate with bipartisan
support later this week.But Republicans in the House have yet to
move on it.There aren't a lot of good reasons to disagree with this
bill. So the question here isn't how many people we have to persuade, but simply
how loudly we can speak up to prevent the House Republicans from dodging this
issue.Say you support the President on banning insider trading in
Congress.Romney2012I approve this message.
Gingrich decided Romney was fair game. He chose to pick a fight with Romney and
then wants sympathy because he is getting carpet bombed? I certainly don't want
a sniveling crybaby in the White House. Gingrich's character is defined by his
broken marriage vows.