Congress manipulates Wall Street

House of Hypocrisy

Congress manipulates Wall Street and passes legislation to prevent other branches of government from doing it.  Typical hypocritical Congress.  Both sides of the aisle are guilty of padding their own pockets by what appears to be the use of insider information.  From the Washington Post:

One-hundred-thirty members of Congress or their families have traded stocks collectively worth hundreds of millions of dollars in companies lobbying on bills that came before their committees, a practice that is permitted under current ethics rules, a Washington Post analysis has found.

The lawmakers bought and sold a total of between $85 million and $218 million in 323 companies registered to lobby on legislation that appeared before them, according to an examination of all 45,000 individual congressional stock transactions contained in computerized financial disclosure data from 2007 to 2010.

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