Further to the recent 60 Minutes expose on insider trading in Washington, further details on the hypocrisy and unfair advantage taken:
“It gets worse. Not only are legislators free to trade in ways that would put a civilian in handcuffs, congressional staffers and lobbyists are also exempt from insider-trading regulations. [thanks to the exemptions the legislators so kindly penciled in for themselves and their friends]. See Congressional insider trading: the story sticks
These people apparently cannot admit or recognize even the most glaring conflicts of interest. Their attitude is that the public has no business even asking these questions. How can they possibly help re-regulate changes needed in the financial system when they are so clearly corrupt themselves. This loop-hole must be closed immediately and any politician who votes against doing so should be ousted. Americans should express their outrage. Actually it is probably tolerated in other countries as well, we should all check into our current insider trading laws as it applies to politicians.