Tuesday, April 23, 2013

Obama reverses himself, to ensure government insider trading can continue.

From R.T.

The Resident: Insider Trading Continues with Stock Act Rollback



President Obama signed the STOCK Act with much press coverage, but a week before the most important provisions were to be enacted, he quietly gutted the Act - ultimately making it easier for members of the legislative and executive branches to participate in insider trading. The STOCK Act mandated that government workers would file their personal financial disclosure forms online, allowing for transparency, effectively making any insider trading easier to see. But Obama quietly signed legislation that now says government workers can continue to file offline, keeping their PFDs as secretive - and questionable - as ever. The Resident (aka Lori Harfenist) reports. Follow The Resident on Twitter http://www.twitter.com/TheResident


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That's not "change we can believe in."

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