Almost 80% of voters in the United States want Congress Members banned from buying and selling stock. Almost 100% of Congress Members believe the U.S. leads the world in democracy and even spreads it to other places.

Yet Congress refuses to vote on ending this, the public's least favorite, form of open corruption.

Click here to email your Congress Members now.

This is not merely an issue of the oddball Congress Member presenting a bad appearance, such as Rep. Marjorie Taylor Greene buying Lockheed Martin stock at the start of a war and tweeting about how profitable it is. Congressional stock trading, specifically on stocks influenced by the Congress Members' committees, is extremely widespread and damaging to prospects for representative government.

This form of profiteering may get lost in the flood of campaign "contributions," job offers, revolving-door careers, the relocation of businesses to strategic states and districts, etc., but the public seems to be aware and to care.

Congressional stock trading has been so normalized that when you do a web search for it, you find primarily, not websites objecting to the corruption, but websites guiding people in how to buy and sell stocks that Congress Members with special knowledge have bought and sold. You'll even find well-meaning advocates celebrating Congressional stock sales of disliked corporations. This creates a means for Congress Members to boost or harm corporations that should not be a part of the job description of any elected representative.

Click here to tell them what you think.

Stock Trading

 
 
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Be prepared not to be fooled. There is legislation in Congress that's talked about as a ban on trading stock that is, in fact, merely a Donald Trump-like "blind trust" scheme. Congressman Dan Kildee has introduced one of these bills with a press release that begins "Members of Congress should not be allowed to trade stocks. Full stop." The press release goes on to explain that the bill would merely require the use of a blind trust, and not forbid stock ownership.

Click here to make sure that your Representative knows what it would take to actually represent your wishes.

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Background:
>> New York Times: "These 97 Members of Congress Reported Trades in Companies Influenced by Their Committees"
>> Counterpunch: "The Scandal of Congressional Stock Trading"
>> Common Dreams: "Despite Nearly 80% of Voters in Favor, House Dems Stall on Stock Trading Ban"

 

Read more about anti-corporate analysis and action at Progressive Hub.

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