Bloomberg article by Michael Lewis

[Guest]

http://finance.yahoo.com/news/princeton-brews-trouble-us-1-000000782.html

[Guest]

".....According to a New York Times analysis of financial disclosure, members of Congress got, on average, 15 percent richer during the past six years, while the average American’s net worth dropped 8 percent.

Members of Congress even fare better than the uber-wealthy.

While the net worth of the richest 10 percent of Americans has remained relatively unchanged since 2004, the net worth of lawmakers has enjoyed double-digit improvement, the Times reports.

So, what is the cause of this tremendous disparity?

If you ask Steve Kroft of CBS’s ‘60 Minutes,’ he’ll say one of the reasons is because of the lawmakers “legal” access to insider information.

Based on information provided by the conservative Hoover Institution, elected officials, like Pelosi, are exempt from insider trading laws – the same laws that would put any other citizen in prison.

Even if they are a member of the Pelosi’s favored 99 percent.

As it relates to elected officials – this secret information ranges from timely details on lucrative federal contracts to legislation that can cause companies’ stocks to rise and fall dramatically.

How do they get away with it? Simply put, lawmakers have exempted themselves from the laws that govern every other citizen....."

http://www.newsmax.com/Newsfront/Pelosi-vacation-99Percent/2011/12/29/id/422471

[Guest]

and....as I have said many times before, since most have law as a profession or background they know exactly how and when to use, abuse or hide behind the letter of the law.

And when the get caught at it the punishment is.....NOTHING!!

btk

[Guest]

http://finance.yahoo.com/news/princeton-brews-trouble-us-1-000000782.html

I laughed out loud while reading this. I'm guessing that an intolerant minority os students who think of themselves as "the face of the future" are being obnoxious on campus.

I see not much has changed on college campuses.