(CBS News) Washington, D.C. is a town that runs on inside information – but should our elected officials be able to use that information to pad their own pockets? As Steve Kroft reports, members of Congress and their aides have regular access to powerful political intelligence, and many have made well-timed stock market trades in the very industries they regulate. For now, the practice is perfectly legal, but some say it’s time for the law to change.
Web Extras
- What counts as “inside information”?
- Keeping Congress clean
- 60 Minutes OverTime Questioning Pelosi: Steve Kroft heads to D.C.
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This “Wall Street” government makes me sick as I expressed in “Wall and Main,” a song I wrote and that can be heard on YouTube: http://www.youtube.com/watch?v=Mq9xUPSPW7U
Everyone who concerned about the Wall Street government really needs to watch INSIDE JOB, an Oscar Winning documentary. Those who watch it might decide to BE the people and write every elected official, letting them know how disgusted we are with them.
I think its impossible to find a newspaper from any town in America on any day , that has no mention
of corporate or elected official wrong doing .
Occupy , we are the 99 % !
OMG !!! How do we get out of this ??? This is off the radar for most folks .. how can we correct something that is a dirty little secret ?? We should be shedding light on it .. the least we can do is to forward this by email to as many people as possible !! Thanks 60 Minutes, we apprecaite you.
Maybe no one should vote for any of them…Political promises are not a legal binding contract…These traitor politicians have been hoodwinking the AMERICAN PEOPLE for decades..
I did not think anyone was listening….I have been posting comments on this for months…Bloomberg news reported that half of the * Republicons who are on the so called Super Congress are invested in our demise…..the fact that the traitor politicians are invested in the demise of America PROVES THIS WAS AN EVIL PLAN..THE NEW WORLD ORDER DOES NOT WANT THE ECONOMY TO GET BETTER..EVER…THEY WANT GLOBAL DEBT SLAVERY AND COMMUNISM…THAT IS WHAT THEY WANT..FOX NEWS SAID IT LAST WEEK ON ONE OF THEIR TALK SHOWS…COMMUNISM IS WHAT THEY WANT…… Anyone hear the one about how quite possibly George Soros made billions off of the S&P downgrade and Obama and Geithner may have profited from it…? THIS WAS A HITLER PLAN..Bloomberg news reporting that Blankfein said that the economy can recover faster than we think….SURE IT CAN…MAKE WALL STREET, THE GSE’s AND THE BANKS GO TO PRISON…SEIZE THEIR OVERSEAS BANK ACCOUNTS AND MAKE THEM PAY THEIR OWN $600 TRILLION DOLLAR MORTGAGE COLLATERAL DEBT BACKED BY ZERO……..STOP ROBBING THE PEOPLE TO PAY WALL STREETS BILLS…THROW THE TRAITOR POLITICIANS IN PRISON TOO AND STRIP THEM OF THEIR PENSIONS AND ASSETS…..AND RETURN ALL STOLEN ASSSETS TO THE AMERICAN PEOPLE….STOP THE FRAUDCLOSURES…
I vent……CONgress has played their game long enough….it’s over….it has been a free for all way to long….the watchdog was left outside on a chain….now it’s time to chain congress….most are traitors to this country….working with the enemy….I have said all along…strip them of their pensions and assets…throw them in jail…a cement cell with nothing and one meal a day. Even that sounds to classy for the bastards…prison will be a safe haven for them…the streets will not be……we owe them plenty of pay back….and GoldSucks Blankfein….he is the devil’s shadow….when his mouth opens the lies spew out like vomit….this man needs handcuff now….and others are walking in his footprints…..
Of course…that is why they were chosen by Obama to be on the ‘ super congress ‘ not hard to figure out….do they think we are dumb ? Even to make a super congress was an asinine idea to begin with…nothing but another back alley club ….where the mobsters make their plans….to be honest…Washington DC sucks and has for many years….WAKE UP AMERICA…….Millions need to be in Washington DC…at the WhiteHouse…the Federal Reserve…the IMF…the World Bank….all are in Washington….SHUT DOWN THE FEDERAL RESERVE…..CUT THE CORD THAT FEEDS THE BASTARDS ON WALL STREET…..UNTIL THIS IS DONE…THE CRIMES WILL CONTINUE………WE OWE NO DEBTS THAT THE CASINO OF WALLSTREET GAMBLED ON….THE HO– USE OF WALLSTREET LOST THAT GAMBLE….THEY OWE THAT DEBT…..PERIOD. PAY UP BASTARDS….YOU ARE DEADBEATS …………………..
The problem is that Congress is exempt from having to abide by the damn laws that they pass…in my opinion that in itself is criminal!!!!!!
Yeah !! Well, if your in congress there are many perks I suppose and it doesn’t bother me as much as the overly self indulged individuals who don’t really care about anything but their own affairs. That’s not why they are there, and slowly but surely the 99% is going to bring them all down. Seems that more and more “officials” are starting to show conscience and are doing the right things. Obama and his boys have to go man !! f liar!!!…..and I feel there is only one man we can really trust that has been saying the same things for years and that’s Ron Paul. Otherwise, were going to get a Rick Perry type DRRrrrrrrrrrr whats the third one again??????Self indulged big wig. I don’t see how anybody can consider Romney (omg!!) , Cain??? arghhhh…Mr Paul is the only one who is genuine, knows the issues and cares…..they laugh at him because they are all corrupt an upset with his sincerety……..as far as inside tips???? just part of the lobbyistic suck pumping system of palm grease.
Vote Paul in…and HOPE………………cause nothing is ever what it seems with these lying politicians.
Exactly.