Monday, November 14, 2011

Investment Advice of the Day: Become a Congressperson

Posted By on Mon, Nov 14, 2011 at 4:00 PM

Not that anyone needs another reason to dislike Congress and how it works, but Steve Kroft provides one, looking at how members of Congress on both sides of the aisle appear to profit from legislation they have a hand in.

If your level of indignant fury isn't quite high enough after watching that segment, feel free to read some of Brody Mullins' work for the Wall Street Journal on the same subject, including "Congressional Staffers Gain From Trading in Stocks" and "Congress Members Bet on Fall in Stocks".

If only we could get Congress to obey the laws the rest of us have to comply with. Would that be too much to ask?

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