Thursday, January 26, 2012
Everyone who listened to President Obama's State of the Union address Tuesday night heard him say if a bill to end insider trading in Congress landed on his desk, he would sign it. I found this most interesting. Peter Schweizer, Governor Palin's foreign adviser, recently released his book, Throw Them All Out, which put a spotlight on insider trading and crony capitalism running rampant in government. He also gave specifics about the crony capitalism our own President is engaged in, as he provides special favors to those who did their part to put him in office. It's the same old you scratch my back, I'll scratch yours game that has become as common to politics as scratching fleas is to dogs.
Stacy Drake wrote a Conservatives4Palin piece yesterday discussing this:
As many of you are aware, Peter Schweizer, Governor Palin’s adviser and an editor for Breitbart, has been leading the fight in exposing the insider trading and abuse of power by the nation’s lawmakers. To the surprise of many of us, President Obama took up the issue of insider trading on Capitol Hill in last night’s State of the Union speech.
Consider me skeptical, yet encouraged by Obama’s statement on this particular issue. The other 99% of his speech was just more of the same class warfare, leftist drivel that we’ve come to expect from the current commander-in-chief, and thus, not very encouraging at all.
While this is indeed a “victory” in the fight against corruption in government, I’ll believe that the president is serious about signing a bill when I see it. I’d also like to read any bill he does sign if it ever does land on his desk. Obama is good at selling one thing as another, and since the media rarely calls him out on this, why wouldn’t he be?
One last thing that struck me about the president’s comments was his sheer hypocrisy. Towards the end of the clip above, he says:
Let’s make sure people who bundle campaign contributions for Congress can’t lobby Congress, and vice versa – an idea that has bipartisan support, at least outside of Washington.
Yes it does, Mr. President. However, the same should apply to the executive branch, shouldn’t it? If you recall, Obama’s bundlers were at the heart of the Solyndra scandal.
I do commend Obama for talking about the “corrosive influence of money in politics,” I also recognize that the current administration is just as ‘corroded’ as Congress. My advice to voters is to do as the title of Schweizer’s book suggests and “throw them all out” come November, and that includes Obama.
There's much more to Stacy's article. Read it in its entirety here.