Even though I live in fly-over country (aka "back-of-beyond," "hicksville," "that place,"), we here in Rog-Vegas do try to educate ourselves as to what's going on in less civilized venues. Still, the blatant arrogance of our "public servants" (do they really call themselves that with a straight face?) is mind-blowing.
Here's what got my biscuits burning this morning:
May 5, 2010 - The Wall Street Journal reports today a House Bill that would force lawmakers to make greater disclosures on financial transactions and disallow them from trading on non-public information is going nowhere fast.
The bill, which has been languishing in the House for four years, would require elected officials "to make their financial transactions public within 90 days of a purchase or sale," and "prohibit lawmakers from trading in financial markets based on non-public information they learn on the job." [i.e. "insider trading."]
This comes a day after the same publication reported several lawmakers profited by betting against the housing and stock market in 2008. Some did it using the same derivitives they've been railing against.
Seems the folks we send to Washington are above the same transparency and ethics they insist on for the rest of us.
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