Monday, January 9, 2012

CONGRESS: A GOVERNMENT OF THE SELF-SERVING RICH

Wealth Congress Reps Don't Feel Your Pain
http://moneymorning.com/2012/01/09/wealthy-congressmen-dont-feel-your-pain/

Money Morning -- 1/9/2012 -- David Zeiler

So as bad as the official numbers sound, with so much wealth unreported, the reality is even worse. When you add in the generous annual salaries of $174,000 and a large assortment of taxpayer-funded perks, the gap between how Congress lives and how the people they're supposed to represent live - people who may have lost their jobs, or who need to keep the heat turned low to be able to afford their utility bill - yawns even wider.

Even worse, a report last November on CBS News
"60 Minutes"showed how many members of Congress have been using "insider information" from legislation they work on to make lucrative stock trades.

After a flurry of talk about curbing the practice by passing the long-dormant "Stop Trading on Congressional Knowledge," or STOCK, Act, Congress in December put that bill on hold.

The United States is rapidly transforming from a
government of the people, by the people and for the people into a government of the self-serving rich.
Northwoods Patriots - Standing up for Faith, Family, Country
northwoodspatriotscomm@gmail.com

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