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Obama Signs Law Gutting Insider Trading Regulations for Congress

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posted on Apr, 17 2013 @ 03:31 PM
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Obama Signs Law Gutting Insider Trading Regulations for Congress


spreadlibertynews.com

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.
(visit the link for the full news article)


Related News Links:
www.infowars.com
www.thenation.com




posted on Apr, 17 2013 @ 03:31 PM
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Ok so I did a search and didn't see this posted, but if it is please delete.

Obama signed the STOCK Act into law 1 year ago with the idea that this law is to tackle the "deficit of trust" between the people and the government. So now he quietly scraps part of this bill on Monday.

Not saying this is related to the Boston bombing, but man he is definitely using all the press to downplay this sneaky bit of governance since this isn't being reported on any mainstream news outlets.

spreadlibertynews.com
(visit the link for the full news article)



posted on Apr, 17 2013 @ 03:34 PM
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reply to post by Krazysh0t
 


The house of cards is falling and he is doing everything he can to continue the illegal activities of our so called elected officials........

The end is near folks.



posted on Apr, 17 2013 @ 03:34 PM
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Do as I say not as I do, continues on in the Government.

BS, vote them all out and start over fresh, Its been my policy to always vote against the incumbent no matter party affiliation.



posted on Apr, 17 2013 @ 03:36 PM
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It appears he had to make an agreement to get something done. These things always get done when our eyes are looking at something else. If you want to see a controversial bill passed, just look during a major bad event.



posted on Apr, 17 2013 @ 03:40 PM
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reply to post by rickymouse
 


Absolutely spot on, the UK government (irrespective of which party is in) generally do the same thing as well.
Infact, I've been thinking that rather than arguing whether or not the Boston thing is a false flag people would be much better off listing every single announcement which comes through in the coming days.

This is quite a worrying one though, how much leeway does it give someone with regards to insider trading, I would have thought the potential for abuse would be so high no sane government would allow it.



posted on Apr, 17 2013 @ 03:43 PM
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reply to post by rickymouse
 


Yes magicians use this trick all the time. It's called sleight of hand. Have the audience (public) distracted with something unrelated and away from what you are really doing. While the public is distracted perform your sleight of hand (repeal legislation to fight insider trading in the government) and TADAH! the audience (public) goes forward none the wiser.



posted on Apr, 17 2013 @ 03:44 PM
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His and Michelles info was hacked and leaked publically recently... Maybe that suaded his thoughts?



posted on Apr, 17 2013 @ 03:49 PM
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I guess the law doesn't apply to them.
They shouldn't expect to be protected by it when the SHTF.



posted on Apr, 17 2013 @ 03:57 PM
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That's the change. Change it once in front of the cameras then change it right back when nobody is looking.



posted on Apr, 17 2013 @ 04:14 PM
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reply to post by grey580
 


But they write all the laws. Don't you think they will be well taken care of if the shtf.


Notice that when a war is fought, we bomb everything but the place where the head of the country resides
They have rules at the top to protect themselves. This reduces the soldiers and citizens of the nation and tries to show the people not to challenge the new ones in power.



posted on Apr, 17 2013 @ 05:04 PM
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reply to post by grey580
 


No you see Congress only writes the laws, they don't have to actually obey them.



posted on Apr, 17 2013 @ 05:16 PM
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I could be wrong but I think the american government has been plagued with insider trading activity for decades now because they have signed themselves immunity from prosecution. Its like a diplomat getting drunk on saturday and causing a fatal accident that never gets prosecuted.

What else is new? Do people remember the carlyle group and relate this to the wars? Guess who was in it?



posted on Apr, 17 2013 @ 05:23 PM
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I may be mistaken, but this bill had enough congressional support that it was veto proof. Sure, Obama could have vetoed the bill, but it would have gone back to congress and his veto would have been overridden.



posted on Apr, 17 2013 @ 05:30 PM
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reply to post by LeatherNLace
 


Well that's probably because at the time there was a lot of pressure to open Congress' financial books to stop the insider trading. Congress went along with it making it seem like they were championing against corruption, meanwhile everyone had their fingers crossed knowing that all they had to do was wait until the public was distracted and then remove what matters from the bill. Obama went along with it most likely for the same reasons.



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