April 24, 2013
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10:11Now PlayingA couple of weeks ago, President Obama, in the darkness of night, signed legislation that obliterated something called the STOCK Act -- it was an act that demanded that senior, high-ranking federal employees disclose their financial holdings so taxpayers could be certain that there were no conflicts, bias, or favoritism in their decision-making. The bill was designed to prevent insider trading. It was there to help taxpayers understand how a high-ranking federal employee might come into office with $100 thousand dollar net worth and leave office a multi-millionaire.
As a matter of fact, you might remember the ceremonial signing of that act just a year ago, where President Obama signed that Act with cameras flashing, and TV cameras rolling, when our president proclaimed that the STOCK Act was vital to stop corruption, to make sure that transparency would be preserved in his administration.
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