Laws are Useless Unless They are Enforced

Laws are Useless Unless They are Enforced

Al Ritter

Barack Obama signed into law the Stock Act in April 2012 specifically forbidding Congress and Government officials from benefitting financially from inside tips while serving the people.

It is unclear if anyone in Congress has actually been charged criminally from this law.

What is clear however is the comments that Obama made while signing this bill.

“It’s the notion that the powerful shouldn’t get to create one set of rules for themselves and another set of rules for everyone else”

While insider trading is against the law to everyone this law made it abundantly clear that the Congress should be held to a higher standard. Notice Pelosi in the background as Obama signs the bill.

What Martha Stewart was convicted of has so far eluded Nancy Pelosi and her husband. Pelosi has repeatedly said that she has no control over what investments her husband makes and that America is a free open market and she is also free to invest in what she wishes.

However in 2008 she got not only insider trading tips on an IPO of the financial giant VISA but her legislative actions enabled her to turn a $220,000 investment into a 9 figure windfall.

Nobody seems to bat an eye as she thumbs her nose at the very clear and concise Stock Act of 2012 HR 1148.

Some people however are starting to talk about her huge amassed wealth since she came into the Congress, even those in her same party.

Do I think anything will be done about this? I seriously doubt it, it’s painfully clear to me that there are in fact certain rules for us and they don’t have to abide by them!

Obama’s Stock Act:

https://theworld.org/stories/2012-04-04/insider-trading-ban-signed-law-president-obama

Pelosi’s flagrant violation of law:

https://unmuzzlednews.com/pelosi-supporters-dropped-the-hammer-after-she-got-called-out-for-insane-levels-of-corruption/?utm_source=unmnl&utm_medium=ong&utm_campaign=1418962198