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Tuesday, December 6, 2011

‘Legalized Bribery’: How Bad is Congressional Insider Trading? You Might be Shocked at Some of the Details Revealed by Glenn Beck and Peter Schweizer

“How can we fix our country with this going on?” Glenn Beck asks Peter Schweizer.
“We can’t,” Schweizer responds, shaking his head. “And you know, Glenn, if we can’t fix this?”
“You can’t fix anything,” Beck says, finishing the sentence for him.
What are they discussing that’s so serious as to prohibit America from being fixed? Congressional insider trading.
In case you‘re unfamiliar with Washington’s most recent scandal, Peter Schweizer has written a bombshell book titled “Throw Them all Out” that carefully details multiple cases where members of Congress have made outrageous gains in the stock market by trading on information available only to them. Ordinarily, that’s called “insider trading” and it’s highly illegal. Yet, somehow, Congress is able to get away with it.

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