While tragic events in Boston are dominating the national media this week, US President Barack Obama quietly signed a bill, and one which passed rather swiftly through Congress we might add… it’s a bill that prevents key financial disclosure forms filed by senior governmental employees from being posted online. In a rare display of cross-party cooperation, both sides of the aisle seemed happy to approve (surprise, surprise) by unanimous consent.
This latest bill specifically alters the Stop Trading on Congressional Knowledge Act, or ‘STOCK Act‘, which, when it was originally drafted was intended to be a law designed to combat insider trading on Capitol Hill – until our elected officials got their teeth into it that is.
This is how the criminals usually work – quietly and in secret: the bill passed both House and Senate chambers on a voice vote (where lawmakers’ names are not recorded). Both chambers cleared the legislation in near record time by Washington DC standards - taking only ten seconds in the Senate and 14 seconds in the House to pass.
According to the report below,”The bill represents a major blow to government transparency”. It certainly does and then some, but more than anything, it just makes it a lot easier to get richer from a career in politics.
This is really the sort of law you would expect to be passed in a corrupt banana republic, with a fascist dictator presiding over a government full of self-interested industrialists. So is this the new America?
Obama signing a bill like this with the hyper-sonic, complete backing of both chambers of government spells out everything that is wrong with American government today and why so few people trust anyone who calls themselves a politician or government staffer. It’s also a prime example as to why so many Americans have all but given up on the political process, almost forced to submit to its systemic corruption. Continue reading via 21st Century Wire...