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    Should congressmen and Seators be allowed to trade stock or buy land when they know about things before the public?

    Seems it is perfectly legal for these public servants to dip into the information wealth that Washington DC is and take information that has not been released to the rest of us and say  buy a stock that will benefit by some sort of insider information he/she became privy to? Doesn't seem right to me, seems like a loophole that has these individuals drooling over when they see the opportunity to make money hand over fist before anyone else.

    +2  Views: 612 Answers: 8 Posted: 12 years ago

    8 Answers

    isn't that ileagle.. i think they might call it insider trading..

    That is right ......they can do it but we would be jailed for it.........................To answer to question  NONOOOOOOOOOOOOOOOOOOOOOOOOOO !!!!!!!!!!

    Think of the money the government makes off these millionaires.  But no.

    Evidently, it's not illegal, but it should be, like Daren1 says, it's insider trading.

    In my opinion it is insider trading, just like what Martha Stewert went to jail for. I don't get how these greedy people get away with doing things like this, and not doing their jobs, and not paying taxes to payback what is making them rich. And they still aren't smart enough to watch who they are sleeping with, which seems to be the only thing you can get thrown out of congress for. Didn't Newt Gingrich already get into trouble for some sexual thing? What makes him differant then Herman Caine? I just don't know who is doing the right thing any more. But I don't think any of them are.

    It is for others, but not for those in Government, from what I've read


     

    No No thats is insider -tradeing

    Is that not a conflict of interest, which in many other countries is considered highly illegal.



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