Comments about ‘GOP proposes changing federal worker pensions’

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By Joan Lowy

Associated Press

Published: Wednesday, Feb. 8 2012 3:54 p.m. MST

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Crazy Heart
A Tropical Paradise USA, FL

HOW?. By doing it this way?.

House Republican leaders hope to add a provision to the congressional insider trading bill that would forbid members of Congress from gaining special entrance into initial public offerings (IPOs) of stock. The plank is known as the "Pelosi provision". Pelosi participated in Visas 2008 IPO under shady circumstances. While she denied any wrongdoing, a "60 Minutes" report last year cited her and several other members of Congress, suggesting Pelosi and her husband benefited from the Visa IPO at the same time Congress was considering fresh rules for credit card companies.

Pagan
Salt Lake City, UT

And this is why...

congress has a 10% approval rating.

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