How can United States citizens make it illegal to have politicians use insider trading to become rich?
They make the laws & head committees that give them (if a normal citizen acted in this way - 30yrs in prison) knowledge that makes them privy to how stocks will be effected by their laws & go home and buy/sell accordingly. Yet, what can we do to make a law that makes them follow the same laws as we do? How do we let these thieves stuff free money in their coffers while watching their constituents get in line at the food bank?
Asked By: goody39 - 12/30/2011
Best Answer - Chosen by Asker
Trouble is the ones with money are the ones who are able to get themselves elected in the first place. We can only hold them to the highest standard of needing to earn enough votes to keep their jobs. Vote them out when this kind of activity is a known quantity in their lives. There are at least one book out that... More
Answered By: Lowly - 12/30/2011
Additional Answers (4)
It is illegal, the SEC watches that.
Answered By: ? - 12/30/2011
Individuals can't do much to stop this, but if you raise public awareness and begin campagins against it about 5 years later it'll get passed. Lest we get lucky and a progressive candidate is elected to public office.
Answered By: james - 12/30/2011
Answered By: Hellowurld - 12/30/2011
The lawmakers are bought by the powerful corporations. Democracy and the constitution have been sold long ago. First it was domestic, then it was sold to the highest bidder from overseas. The Chinese super-rich control the USA... More
Answered By: U.n.c.l.e Sam - 12/30/2011
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