The STOCK Act

[Gaspar]

Here is an interesting history...

http://insidertrading.procon.org/view.resource.php?resourceID=002391

Also interesting how this act was introduced in Jan 26, 2009.  By a couple of Democrats.  And re-introduced last May by another Democrat.


Gaspar, you really ought to come visit reality just once in a while....

Yeah, it was, but with a den majority led by the worst offender it died, and died.

[Townsend]

This isn't a Dem v Rep issue.  This is an issue with people on both sides worried about a good personal money maker suddenly going away.  I bet some of them could give a crap what party they're affiliated with as long as they have enough followers to elect them and they can continue insider trading.

[Gaspar]

This isn't a Dem v Rep issue.  This is an issue with people on both sides worried about a good personal money maker suddenly going away.  I bet some of them could give a crap what party they're affiliated with as long as they have enough followers to elect them and they can continue insider trading.

Agreed!  There should be no party bickering on this one.

I'm sure there will be lots of politics on both sides, but the bill needs to be passed and signed!

[Conan71]

Yes.  And now, in 2011 and 2012, it is back.  Again, by Democrats.

Also, the lapse of the Bush tax cuts went no where with Democrat majorities due to obstructionism from guess who...  And even Coburn is against it now, so everyone has an ox to be gored in this rodeo.

Wait.  When did Scott Brown become a Democrat?  I'm sorry we aren't talking about Bush tax cuts, we are talking about the stock act.

[Red Arrow]

Reid's amendment is to add a tax increase to make the whole bill unacceptable to Republicans.  Republicans will be forced to take the blame for not passing the bill, everyone gets to keep their insider trading, and the Democrats come out smelling like a rose.

[Townsend]

Reid's amendment is to add a tax increase to make the whole bill unacceptable to Republicans.  Republicans will be forced to take the blame for not passing the bill, everyone gets to keep their insider trading, and the Democrats come out smelling like a rose.

What's the amendment?

[Red Arrow]

What's the amendment?

This one:

1. S.AMDT.1470 to S.2038 Purpose will be available when the amendment is proposed for consideration. See Congressional Record for text.
Sponsor: Sen Reid, Harry [NV] (introduced 1/30/2012)      Cosponsors (6)
Latest Major Action: 1/30/2012 Senate amendment submitted

[we vs us]

This one:

What's the tax increase?

[Red Arrow]

What's the tax increase?

An increase in the taxes some Americans will pay.

[Townsend]

This one:

I googled it.  I must be doing it wrong.  It's got the wrong congress listed.

Can you be more specific?

[Red Arrow]

I googled it.  I must be doing it wrong.  It's got the wrong congress listed.

Can you be more specific?

Yes, but then I would have to do something nasty to you.

[Townsend]

Yes, but then I would have to do something nasty to you.

I meant wrong year.

Anyway, I can't find the amendment you listed pertaining to the Stock Act.  Are there specifics available?

[Conan71]

I meant wrong year.

Anyway, I can't find the amendment you listed pertaining to the Stock Act.  Are there specifics available?

No.  We need to pass this pile first to find out all the details.

[Breadburner]

I thought stocking was already a crime.....

[Townsend]

No.  We need to pass this pile first to find out all the details.

Where are you guys finding this?

I've looked at many congressional sites and there's no mention of the amendment.