Answer: When you’re a federal employee:
The U.S. House on Friday eliminated a key requirement of the insider trading law for most federal employees [ed: the 2012 STOCK Act], passing legislation exempting these workers, including congressional staff, from a rule scheduled to take effect next week that mandated online posting of financial transactions…
One advocacy group pushing for greater government transparency blasted the move, saying it “guts” the law…
To be precise: Federal employees would still have to report trades. But mainly to Big Brother. Not in a form that would let the proverbial Army of Davids (online citizen-journalists) catch inside trades.
But hey, at least we know now what the ‘gun control’ drama is about:
The House vote followed similar action by the Senate Thursday. The votes were done with little notice and came at a time when most people were paying attention to the Senate’s work on high profile issues like guns and immigration.
Hat tip, Zero Hedge.
Here’s the thing. As America has devolved into a social-fascist state these last several decades, we have increasingly developed a presumption that government employers can
spy on monitor the taxpayers. But, taxpayers monitoring the government employees? Perish the thought! Repeal it by a unanimous vote of Congress, with Obama signing the repeal swiftly! That’s the opposite of what the American Revolution was fought for.
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