8 Jan 2012

American Congressmen are Paid to Vote for War

To make sure American politicians play their role, Congressmen are allowed to own stocks in defense contractors, and make millions of dollars buying and selling them using insider knowledge.
According to reports from OpenSecrets.org, in 2006, 151 members of Congress had $195.5 million invested in defense corporations. Their average net worth was $910,000 compared to $100,000 for American families in general. Over 50 range between $5 million and $190 million. John Kerry is at the top end of the scale. For the psychopaths on Capitol Hill, each new military escapade is a lottery windfall.

political-Uniform

While insider trading carries hefty prison terms for common people, it is perfectly legal for US congressmen. They are free to own shares in companies that are regulated by committees they sit on. Members of congress can trade freely using insider knowledge they have about regulations or events that could affect specific industries or the stock market as a whole, such as an economic crash, a new law... or a war.

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