Monday, October 03, 2022

To No One's Surprise, Democrats' Stock Trade Ban Bill Is Deader Than A Doornail

If you haven't guessed by now, it's dead because the Democrats in Congress killed it.

Rather funny how that happens, especially when the Democrat leadership is making millions off of their insider trading information in stocks.

The Intercept:  House Democratic Leadership Designed Stock Trade Ban to Fail, Negotiators Say

Democrat House Majority Leader Sten Hoyer announced there would be no vote on the bill before the midterms.

 Funny that, isn't it?  The Democrats have a clear majority in the House and could pass this legislation without any Republicans at all if they wanted to do so (as flawed as it is with many seemingly deliberate openings to still permit insider trading among Congressional members).  

But they don't, because that would cut off a major opportunity they have to enrich themselves at our expense, all the while claiming they're "for the little people" and against the rich, while becoming very rich themselves based off stock trades from insider information.

2 comments:

Old NFO said...

Typical Dem BS... Grrr...

Aaron said...

Old NFO: Yep, no surprise there.