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The investigation was over before it began, for a grand total of 6 days, and everyone walked away spotless.Īnd (as FWS are quick to point out) this was not an isolated screw-up. Even the filthy Richard Burr, who divested on the edge of the COVID crash, hardly raised more than a ripple. This slick corruption still exists – and rarely makes the headlines. There is, at least in principle, a strong bipartisan agreement on that score….and in theory, we should have no problems. Congressmen should not be allowed to use their privileged position for speculative personal gain. The wording is cagey, but the meaning is clear. This is a step up from the bleary language of the Ethics Rule 37, which states that: “ A member, officer, or employee of the Senate” from “ any compensation…the receipt or accrual of which would occur by virtue of influence improperly exerted from his position as a member.” The STOCK act forbids “ Member of Congress…us nonpublic information derived from such person’s position…or gained from the performance of…official responsibilities as a means for making a private profit.” Insider trading on privileged information isplainly illegal. What more needs to be said?Īfter all, it is true. And it won’t be as easy as it sounds.īut…surely it is already illegal? The STOCK act of 2012 already banned insider trading by elected officials. They came to make the illegal impossible. Their aims are both narrow and bold…and in a nation riddled with perverse incentive, they are hard not to like on first sight. They are the Next Generation – reformers in the ancient mold of William Jennings Bryan – who scorn conflict-of-interest with the same kind of righteous zeal that fueled the early Muckrakers. They do not mince words, from the title down – and will not be pulling their punches.Īnd that alone is exceptional. Their agony of 2020, and the prolonged hardship of post-recession have found a voice in this movement. In language, they are closer to Occupy or Black Lives Matter…and despite a broadly bipartisan base, their energies have a singular focus. These people are serious, and seriously angry. Looking strictly at their mission, it would be tempting to call them an advocacy movement – one of those bland and basically idealistic outfits like Common Cause and Issue One, on the fuzzy 501(c)(3) “Awareness Raising” circuit… Which seems simple enough, on the face of it. Their message is simple: End the trading of stocks by elected officials. They came sleepless and hopeless and fearless and bold to shake the venal bastards down to their bones, and rally a battered nation. They came from every walk of life, and every political stripe…survivors of 2020 with the still-aching scars of ’08. It sprang up seemingly out of nowhere and overnight, with a loose coalition of hundreds. Neither one even knows it exists.Īfter all, it was only four days ago that “Fuck Wall Street” emerged on the net. It did not come from Dems or Republicans. It was a blazing spark in the darkness where the grassroots are dry as old bones.
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It is many things – but above all, it is proof: that the American Spirit, badly brutalized, is not yet defeated. It came on a whirlwind of anger that never even ruffled the news. It snuck out of the dark like a hungry rat to chew on the roots of corruption. It was a sucker-punch that nobody noticed.