Insider trading, Crony Capitalism alive and well in Congress. A Limerick.

Let it not be said that Congress cannot act fast, if an action is sufficiently urgent or important. Granted the wheels of government usually grind slowly, such as the fact George Washington was promoted to 5 star general in 1976.
This latest action may be close to a record for speed. 4 days from introduction in the Senate to being signed by the President. What could have been so urgent?

S.716
Latest Title: A bill to modify the requirements under the STOCK Act regarding online access to certain financial disclosure statements and related forms.
Sponsor: Sen Reid, Harry [NV] (introduced 4/11/2013) Cosponsors (None)
________________________________________
4/11/2013:
Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Unanimous Consent. (consideration: CR S2583-2584; text as passed Senate: CR S2584; text of measure as introduced: CR S2593)
4/11/2013 5:33pm:
Received in the House.
4/11/2013:
Message on Senate action sent to the House.
4/11/2013 6:07pm:
Held at the desk.
4/12/2013 12:52pm:
Mr. Cantor asked unanimous consent to take from the Speaker’s table and consider.
4/12/2013 12:52pm:
Considered by unanimous consent. (consideration: CR H1978-1979)
4/12/2013 12:53pm:
On passage Passed without objection. (text: CR H1979)
4/12/2013 12:53pm:
Motion to reconsider laid on the table Agreed to without objection.
4/12/2013:
Presented to President.
4/15/2013:
Signed by President.
4/15/2013:
Became Public Law No: 113-7.
________________________________________
Insider Trading? No, Never!
Congress must think they are clever.
A bill passed with consent
Meant to hide their intent.
Cronies are Cronies forever.

We need a major cleanup of the corruption and Crony Capitalism in Washington.
May I suggest Governor Sarah Palin to do the cleaning up. She did it before in Alaska, Democrats and Republicans alike and enjoyed a 93% approval rating from the Alaskans at her peak.
Like Margaret Thatcher: “This Lady is not for turning”.

Published by

lenbilen

Engineer, graduated from Chalmers Technical University a long time ago with a degree in Technical Physics. Career in Aerospace, Analytical Chemistry, and chip manufacturing. Presently adjunct faculty at PSU, teaching one course in Computer Engineering, the Capstone Course.

2 thoughts on “Insider trading, Crony Capitalism alive and well in Congress. A Limerick.”

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