As the revolving door spins faster than ever between jobs in government and corporate America, information and who you know are the currency that gets you through the tollgate, information that paying clients then use for ever greater profits and a competitive edge.
If you want to see why the public approval rating of Congress is down in the sub-arctic range all you have to do is take a quick look at how the House and Senate pay worship at the altar of corporations, banks and other special interests at the expense of public need.
We must become a much more politically engaged and informed population and take responsibility for ensuring that those we elect to represent us in Congress are held accountable, but also support them when they do the right thing.
If we are going to restore the trust the American people have in Congress and rebuild their faith in government, increasing transparency and accountability in many aspects of how Washington does business is imperative. The STOCK Act is just a start.
Six long, weary years after Louise Slaughter proposed a law to ban insider trading by members of Congress, the Senate approved the House version of the STOCK. All it ultimately took were the magic words, "60 Minutes is here to see you."
Strong improvements to the bill, from both Senator Rand Paul (R-KY) and Senator Sherrod Brown (D-OH), were blocked. The weakened STOCK Act, which President Obama says he will sign, does little to address any real corruption in Congress.
In the weeks following an explosive 60 Minutes exposé on congressional insider trading, both chambers of Congress nearly unanimously passed the "Stop Trading on Congressional Knowledge" (STOCK) Act. But there is still no law. What's the holdup?
Cantor knows Wall Street is unpopular. He knows the Democrats are going to attack him over the move. He has to know that he is defending the ability of a small slice of Wall Street traders gaining unfair advantage in the markets.