Congress members legally can trade stocks based on non-public information they get in the course of their job – and some apparently make a piles of money from the practice, “60 Minutes” reported in its lead segment Sunday.

Today legislation was introduced to halt such trading, although such efforts have gone no where in the past.

A basic example of the practice is where a Congress member knows a big government contract is about to be awarded and buys stock in the company. But there are numerous variations.

Congress and the Supreme Court are the only federal agencies in which there are no restrictions regarding stock transactions spurred by non-public information. Bills introduced to block this – typically requiring Congress members to put their investments in a blind trust – but have never garnered more than 14 congressional sponsors.

http://totalbuzz.ocregister.com/2011/11/15/congress-mem...

This is for all you Old farts like me..
It brings it all back..
Nothing has changed in over 40 years except the fact America is much worse:

Lost Wages
http://youtu.be/43wN23qvlbU

Now I just get by

http://youtu.be/lQK4f8RzpPU

I understand the 40 years nothings changed, I nearly choked on my coffee this morning,laughing when I heard Newt say,"get a job and a bath." Is there anyone who was alive in the 60's who has not heard or said those same words back then? The dirty protesters back then were right and so are todays.

Tuesday, November 22, 2011, 10:47 AM
Bank earnings hit highest level in 4 years, FDIC says

WASHINGTON -- Bank earnings rose over the summer to their highest level in more than four years, while the number of troubled banks fell for the second straight quarter, federal regulators reported Tuesday.

http://www.cleveland.com/business/index.ssf/2011/11/bank_earnings_hit_highest_leve.html

Congress: Trading stock on inside information?
Legal and now the Norm, but totally unethical..

This is a must see..
Have you ever wondered why Congress is so bent on saving the Stock Market??????

http://www.youtube.com/watch?v=l3DZh1109W8

Paper Ballot Op-Scan Election Results in Utah Flipped After 'Recount' Finds New Tally 'Extremely in Favor of Opposite Candidate'

After the Municipal Council elections in Provo, Utah on November 8, residents had been told that Gary Winterton had narrowly defeated Bonnie Morrow for the District 1 seat --- by just 9 votes.

The margin was close enough that Morrow was allowed to ask for a recount of the paper ballots which were tallied on Election Night by the city's optical scan systems made by Diebold Election Systems, Inc. (Following years of failure of Diebold's voting systems, the company changed their name to Premier, only to see the assets of the failing company finally purchased last year by Dominion Voting, a Canadian firm which now services the machines.) The same optical scan systems are used all over the country, and are set once again for use in the New Hampshire's "first in the nation" GOP Presidential primary to be held in January.

The first "recount" of Provo's Municipal Council District 1 ballots --- carried out on the same op-scan systems that tallied them in the first place --- was held yesterday, only to be abruptly called off when the results were found to be "extremely in favor of the opposite candidate."

http://www.bradblog.com/?p=8948

Young Turks: Fmr AIG CEO Sues for More Taxpayer Money!

http://www.youtube.com/watch?v=92UxKyg5UMc

‘60 Minutes’ Shames Justice Dept. Over Wall Street

http://www.truthdig.com/avbooth/item/60_minutes_shames_justice_department_over_wall_street_20111204

Lets compare:
The savings and loan crisis of the 1980s and 1990s (commonly dubbed the S&L crisis) was the failure of about 747 out of the 3,234 savings and loan associations in the United States. A savings and loan or "thrift" is a financial institution that accepts savings deposits and makes mortgage, car and other personal loans to individual members—a cooperative venture known in the United Kingdom as a Building Society. "As of December 31, 1995, RTC estimated that the total cost for resolving the 747 failed institutions was $87.9 billion." The remainder of the bailout was paid for by charges on savings and loan accounts[1]—which contributed to the large budget deficits of the early 1990s.

http://en.wikipedia.org/wiki/Savings_and_Loan_crisis

The Keating Five were five United States Senators accused of corruption in 1989

http://en.wikipedia.org/wiki/Keating_Five

The reality Folks is today its 77X times the Scandal that the Savings and loan debacle was back in 1989..
No one to date has been brought to testify or been prosecuted for the latest Scam on Americans..