26
May
11

Wasn’t I just saying something about privilege?

What the fuckin’ Jesus?

“We find strong evidence that members of the House have some type of non-public information which they use for personal gain,” according to four academics who authored the study, “Abnormal Returns From the Common Stock Investments of Members of the U.S. House of Representatives.”

To the frustration of open-government advocates, lawmakers and their staff members largely have immunity from laws barring trading on insider knowledge that have sent many a private corporate chieftain to prison.

Christ alfuckingmighty.

They’re not even pretending, which makes it even more insulting.

Rope!

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3 Responses to “Wasn’t I just saying something about privilege?”


  1. 1 perlhaqr
    May 27, 2011 at 10:25

    Don’t be absurd. It’s not like knowledge about upcoming bills intended to regulate a business out of existence, or provide a huge tax-funded windfall for some other company, could let a staffer or congressmonster make a killing in the stock market. That’s just crazy talk!

    • May 27, 2011 at 10:56

      And even if the politishits did have market-relevant insider knowledge, surely their humility, dedication to the public interest, and upstanding moral character would stop them from taking advantage. After all, everybody knows that only people in the private sector are in any way avaricious. That’s the whole premise behind the regulatory state!


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