60 Minutes Shows The Fix Is In Congress
ON THE TAKE
60 Minutes Shows The Fix's In Congress
By Elizabeth C.IF YOU STILL HARBOR DELUSIONS THAT CONGRESS works for "the people," let's dispense with those now after last night's 60 Minutes report detailing insider trading by members of Congress.
The granddaddy of investigative news shows aired a report exploring how politicians of both parties have financially benefited from access to financial information prior to public release.
Among those fingered for such brazen ethical lapses are House Speaker John Boehner (R-Ohio) and House Minority Leader Nancy Pelosi (D-Calif.). For more examples of the personal profiteering sited, visit here
Even though insider trading is illegal for private individuals and corporations, apparently members of Congress are exempt. Which means they're not breaking laws -- they're just practicing particularly slimy ethics.
The report reinforces why Occupy Wall Street has been anathema to align with either the left or right: members of both parties collude on the charade that they're really doing anything other than enriching themselves and their financial benefactors: corporations and rich individuals.
Something's gotta give, people. You can sit politely waiting for change, or you can get angry. It's about time you got angry.
Here's the full report.
Tags: Politics
