Tuesday, November 15, 2011

"Honest" graft

60 Minutes wondered how Congressmen were disproportionally adept at playing the stock market and investing. It seems many of them leave Congress with significantly more money than when they enter. The way they do this is unbelievable.

It seems they can "legally" obtain inside information on what stocks to buy by obtaining information unknown to the public. In fact, some used this information to profit from the Stock Market collapse of 2010.What an honest person would call criminal activity, they simply refer to as "honest graft".

It's like getting a call from a bookie saying, "the Bills are winning by 28 points at halftime. Would you like to place a bet on the game? It must be nice to make yourself exempt from the laws that the rest of us have to follow. If you get a chance, please check out this short, eye opening story here...

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