Gov. Rick Perry is making a ban on congressional insider trading a central theme of his presidential campaign.

In an op-ed published yesterday with RedState.com, Gov. Perry wrote:

Earlier this week, the Chicago Tribune ran a little noted editorial on the insider trading scandal plaguing Congress, calling out phony efforts to reform the rules and demanding that we finally put a stop to this outrageous and unethical behavior.

If you haven’t read the editorial yet, I recommend you do because while the professional political punditry class is more interested in superfluous items like the political horse race and candidate attire, the reality is that members of both parties in Washington, D.C., are abusing their positions and ordinary Americans have had enough.

The Chicago Tribune article to which Gov. Perry refers was analyzed in a featured story by Breitbart News yesterday.

As Gov. Perry makes clear in his op-ed:

It’s not enough members of Congress make $174,000 a year, some are trading on inside information to use their public service to enrich themselves.

The Tribune is right, the Securities and Exchange Commission and Justice Department should be using every available tool to put a stop to this.  But they are not.  So, Congress needs to pass the STOCK Act as a matter of urgency, to do even more to ensure that this kind of thing is stopped dead in its tracks.

This is not the first time Gov. Perry has stated his support for ending the use of material, nonpublic information by members of Congress when investing.   In November, Perry cut a campaign commercial on this issue.

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The Chicago Tribune editorial page believes that legislative efforts to ban congressional insider trading, such as the STOCK (Stop Trading On Congressional Knowledge) Act, are simply an exercise in “damage control” and “window dressing” to shield Rep. Spencer Bachus (R-AL) and others mentioned in a 60 Minutes investigative report, based on Breibart News editor Peter Schweizer’s bestselling book, Throw Them All Out.

From the Chicago Tribune:

The measures under consideration strike us as window dressing. We suspect the push for new rules is about protecting the reputations of Bachus and others spotlighted in the news.It sure does seem that being a member of Congress carries benefits beyond the salary. The New York Times reported this week that the median net worth of the members rose 15 percent from 2004 to 2010, when the median net worth for all Americans dropped 8 percent.

But spare us a phony effort to “reform” the rules. The public won’t buy it. And the public has even greater reason to be disgusted with Congress, starting with a national debt of $15 trillion and climbing.

A Breitbart News exclusive report revealed that Rep. Spencer Bachus’s options trading records during the summer and fall of 2008’s debates over the Troubled Asset Relief Program (TARP) were curiously well-timed with market trends.  Specifically, from July to November 2008, Rep. Bachus executed at least 40 options trades that resulted in as much as $50,000 in capital gains.   As Peter Schweizer revealed, Rep. Bachus’s position as the Chairman of the House Financial Services Committee gave him access to high-level private meetings and phone conversations with then-Treasury Secretary Henry Paulson, as well as other senior financial officials.

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Contrary to recent media reports, the Brazilian Blowout hair treatment is safe for use.

You’d never know it, though, because the mainstream media has been perpetuating one myth after another about Brazilian Blowout while ignoring the facts.   Last time, I wrote about a hatchet job made to appear as a legitimate study by Oregon OSHA [Note to Editor: Please link to Part 1] that was covered ad-nauseum by the media.

Yet, when a respected scientific association issued a balanced statement regarding Brazilian Blowout, the media spun it to make it appear that the company was fighting regulatory sampling of the product.  To wit: The American Chemistry Council, which actually manufactures formaldehyde, released a statement ten days before Oregon OSHA unveiled its biased “report”.

“We encourage the company that makes the Brazilian Blowout to cooperate fully with government officials to ensure that the product meets federal and state standards for formaldehyde use”.

Brazilian Blowout fully cooperated and, as thanks, was subjected to a biased and editorialized government report from Liberal environmentalists at Oregon OSHA.  Yet Time Magazine would have you believe that “The chemical industry is actually sort of coming down on the side of regulators and activist groups on the issue”, while quoting hack anti-capitalist enviro-wackos like Siobhan O’Connor.  The company’s side of the story, however, was omitted.

So, with the house already stacking the odds against Brazilian Blowout, Federal OSHA entered the fray.

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We’ve always assumed that public schools exist, first and foremost, to benefit the students of a community. But that’s clearly not the case in Chicago. Chicago Mayor Rahm Emanuel has been pushing the idea of adding 90 minutes to the school day to improve learning for children in the city’s deeply troubled school district. He has managed to convince teachers in 13 schools to accept the longer day in exchange for cash bonuses, but the radical Chicago Teachers Union doesn’t like this idea. Union President Karen Lewis and her comrades have been going around trying to convince teachers to reject the proposal, according to a story in the Chicago Tribune.

When that strategy didn’t work, the union complained to its friends at the Illinois Educational Labor Relations Board. In a quick decision, the board ruled 5-0 that the city was violating labor law by “luring teachers with inducements and hampering the efforts of union representatives… Because of this irreparable harm, it is necessary to immediately restore the status quo,” the board wrote in its ruling. The board will not seek to have the longer days cancelled in the 13 schools, but it has asked the Illinois attorney general to go to court to seek an injunction to prevent more schools from extending the school day.

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Last month, the Chicago Tribune broke the story of a union leader who was re-hired for one day at the City of Chicago and then retired with a $158,000 city pension. Yesterday, the Tribune broke the story of the union leader accruing three pensions off of the same work credit: a city pension, a local union pension and a national union pension.  Combined, his annual pension income exceeds $400,000-  with anticipated lifetime benefit of $9 million.

There is debate as to whether these rotten scams could even be legal in Illinois!  But, we’ve discovered that sweetheart union leader access into our Illinois state pension system is an even larger scam.

On September 29^th, we broke this story nationally on the third largest conservative talk radio program: 34 union leaders who are not government employees are draining nearly $340 thousand per month from the state teachers’ pension system.

Last Sunday, the Illinois Statehouse News was the first Illinois newspaper to investigate.  No other newspaper has covered the statewide angle.

Former employees of the National Education Association (NEA), Illinois Education Association (IEA), Illinois Federation of Teachers (IFT), and Illinois Association of School Boards (IASB), drawing pensions have collected more than $47 million from the Illinois Teachers’ Retirement System (TRS), to date.

It’s an on-going $47 million pension scam.  Union leaders who are not government employees are draining millions in teacher retirement pensions.

How did we unearth this pension abuse?

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Chilling thought for the day.  Recall the election of 1948, when the  Republican Party’s heavily-favored, moderate and uninspiring nominee lost to Truman in a race in which he was heavily favored to win.  The tragedy is not that the Chicago Tribune got the headline wrong, but that the American people lost either way given the choice between a left-leaning Republican and a slightly right-leaning Democrat.  To see how much we have learned from history, here is a pop quiz.

If you cannot answer any of the following questions, you are ill-prepared for 2012.

Leading up to the 1996 Presidential election, anytime Republicans were gathered, from Young Republicans to State Committees, anywhere in the Country, including Kansas, one candidate was the hands down favorite, usually with double the votes of the second pick.

Who was the darling of the Republican Party in 1996?

(hint: Pat Buchanan was usually second)

In 1964, Barry Goldwater won a primary victory defeating among others, Governor George Romney.

What book is credited with helping the Conservative Goldwater break the grip of the moderate wing that opposed him?

Who was the second, and only other Republican in the last century to defy the statist wing of the Republican Party and wrest the Presidential nomination?

In her book A Choice Not an Echo (1964), Phyllis Schlafly names the dates, places and attendees of the meetings as she details how the Republican Presidential nominees are always hand-picked by a small, elite cadre’ thus relegating loyal Republican activists to “echoing” the pre-selection rather than exercising their birthright “choice”.   The housewife-turned-activist Schlafly, was horrified to see the kingmakers actively manipulating the process in an attempt to steal the nomination away from the legitimate Republican popular candidate, Barry Goldwater.  She rushed tens of thousands of copies of her book to Convention delegates who then stood with Goldwater to win the battle, if not the war.

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Over the weekend, Tribune Corp’s Oscar Avila played stupid in his coverage of the Chicago Tea Party:

One year ago at a downtown Chicago tea party rally, a confrontation between a television reporter and activists crystallized the emotions surrounding the movement that so loudly opposed health care reform as an unwelcome expansion of government.

In a video widely circulated online, many at the rally felt a CNN reporter was arrogantly dismissing what they consider valid fears of runaway spending and taxes when she focused on the most inflammatory signs. Some of those signs said President Barack Obama’s policies are socialism and one alleged that he is a fascist.

But when protester Kathy Barkulis, of Deer Park, asked the reporter if she was “playing stupid,” it confirmed the image among others that the tea party movement is indeed inflaming the public debate with angry rhetoric.

Wow. That is selective stupidity, and willful ignorance. Conveniently for Oscar and his Tribune bosses, they have not yet discovered how to link to or embed video in their posts. If they were educated as to the steps necessary to show their readers the video referenced in their own article, readers would surly notice a disconnect in the characterization written above.

Let’s go to the tape:

So……..Kathy Barkulis is to blame for making Liberals think the Tea Party movement is inflammatory? Funny how Oscar failed to mention that CNN’s Susan Roesgen verbally attacked a man holding a two year old, and was subsequently released from her position at the Democrat media organ.

Oscar, do your job. Not the White House’s.

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The Chicago Tribune reassures its readers – White House: Mass. ‘messages heard’

And what were those messages?

Axelrod said: “You know, I’ll let others assess responsibility. I think the main thing that we saw in Massachusetts was the same sense of concern on the part of middle class folks about the economic situation, about their wages being stagnant, about jobs being lost, about their economic security that’s been in jeopardy.

“And this is something that predated the big recession that we’re going through,” the president’s chief political advisor said. “And that’s something that we have to pay a great deal of attention to. It is the focus of this president’s attention at all times. And we have to convey that.”

Translation: Coakley lost because the people of Massachusetts share the same concerns as the President; They all hate Bush, even if they don’t know it.

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Over the last month or so, I have featured several posts on the Putback amendment. The Putback amendment is a proposal by an Illinois activist named John Bambenek that tries to dramatically reform the structure and procedures of our government in order, in the hopes of Bambenek, to make the government more responsive.

The Putback amendment is comprehensive and so I did three separate posts on it. It includes a mechanism to allow the rank and file within the legislature to get their bills to the floor. With this amendment, any legislator would need to get 25 legislators to sign off on a discharge petition and that would get any bill onto the floor. Currently, it only goes through the rules committee and the rules committee is manned by the leadership. It also removes so called “shell bills” which are blank bills that filter through the legislature and allow the legislature to write the meat and bones in private and quickly have it voted on.

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