Insider Trading a Job Perk

[patrickt]

"The bill passed last week strikes down the STOCK Act’s requirement that financial records of some 28,000 federal officials—which are already publicly available in paper form—be made available online via searchable databases. Government watchdog groups say this provision would have increased transparency and helped root out potential financial conflicts of interest and cronyism in government deals, grants, and contracts. Federal workers fiercely opposed the transparency measure. In a dramatic letter (http://www.washingtonpost.com/r/2010-2019/WashingtonPost/2012/07/26/National-Politics/Graphics/stockactformerofficials%20(1).pdf), a bipartisan roster of former senior federal officials warned that making records that are already public record accessible in a digitized, searchable format posed a dangerous threat to national security that could be a “jackpot” for “enemies of the United States intent on finding security vulnerabilities they can exploit.”
http://www.breitbart.com/Big-Government/2013/04/15/Congress-Guts-Key-STOCK-Act-Provision

I suppose they're afraid enemies of the United States would target federalistas who aren't attacking America.

[Greenridgeman]

"The bill passed last week strikes down the STOCK Act’s requirement that financial records of some 28,000 federal officials—which are already publicly available in paper form—be made available online via searchable databases. Government watchdog groups say this provision would have increased transparency and helped root out potential financial conflicts of interest and cronyism in government deals, grants, and contracts. Federal workers fiercely opposed the transparency measure. In a dramatic letter (http://www.washingtonpost.com/r/2010-2019/WashingtonPost/2012/07/26/National-Politics/Graphics/stockactformerofficials (1).pdf), a bipartisan roster of former senior federal officials warned that making records that are already public record accessible in a digitized, searchable format posed a dangerous threat to national security that could be a “jackpot” for “enemies of the United States intent on finding security vulnerabilities they can exploit.”
http://www.breitbart.com/Big-Government/2013/04/15/Congress-Guts-Key-STOCK-Act-Provision

I suppose they're afraid enemies of the United States would target federalistas who aren't attacking America.





You begrudge Nancy Pelosi a 61% net worth increase in 2010?

You would rob Congress of the ability to rob us?