Obama Signs Law Gutting Insider Trading Regulations For Congress


Obama Signs Law Gutting Insider

Trading Regulations For Congress

President Barack Obama and First Lady Michelle...

President Barack Obama and First Lady Michelle Obama watch the fireworks over the National Mall from the White House on July 4, 2009. (Official White House photo by Pete Souza) (Photo credit: Wikipedia)

DS Wright
FireDogLake.com
April 16, 2013

Yesterday President Obama signed a law that gutted the reporting requirements originally included in the Stop Trading on Congressional Knowledge (STOCK) Act. Before these changes were made the STOCK Act required congressional staffers to disclose their finances to the public to help ensure they were not engaging in corrupt practices.

But on second thought, President Obama and Congress decided that congressional staffers should be able to escape transparency.

President Obama quietly signed legislation Monday that rolled back a provision of the STOCK Act that required high-ranking federal employees to disclose their financial information online.

The White House announced Monday that the president had signed S. 716, which repealed a requirement of the Stop Trading on Congressional Knowledge (STOCK) Act requiring the disclosure, which had previously been delayed several times by Congress.

You never heard of this political project to reinstate corruption incentives? Don’t be surprised.

Both chambers of Congress quickly — and near silently — approved the repeal legislation at the end of last week by unanimous consent, just before heading home to their districts.

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Federal Reserve – Dumps Toxic Cash On Public!


Federal Reserve – Dumps Toxic Cash On Public!

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List Released With 132 Names Who Pulled Cyprus Deposits Ahead Of “Confiscation Day”


List Released With 132 Names Who Pulled Cyprus Deposits Ahead Of “Confiscation Day”

English: Portrait of Dimtris Christofias, the ...

English: Portrait of Dimtris Christofias, the President of the Republic of Cyprus Русский: Портрет Димитриса Христофиаса, президента Республики Кипр (Photo credit: Wikipedia)

Zero Hedge
April 2, 2013

With every passing day, it becomes clearer and clearer the Cyprus deposit confiscation “news” was the most unsurprising outcome for the nation’s financial system and was known by virtually everyone on the ground days and weeks in advance: first it was disclosed that Russians had been pulling their  money, then it was suggested the president himself had made sure some €21 million of his family’s money was parked safely in London, then we showed a massive surge in Cyprus deposit outflows in February, and now the latest news is that a list of 132 companies and individuals has emerged who withdrew their €-denominated deposits in the two weeks from March 1 to March 15, among which the previously noted company Loutsios & Sons which is alleged to have ties with the current Cypriot president Anastasiadis.

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Headlines


Boston Bombing – What You Aren’t Told

Solving The United States Deficit Can Be Done As Easy As Starting A Public Bank

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The Start of The Criminal Federal Reserve


The Start of The Criminal Federal Reserve

A video going over how the Federal Reserve got its start, and what impact it has on the American Economy.

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What is the Federal Reserve


What is the Federal Reserve

This is the 4th installment in the “Monetary Reform Basics” mini-series.
So the Fed pretends to be part of the federal government to make us believe that it is controlling the banks. But now we know that there is nothing federal about the Fed, and the banks control it instead.

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