STOCK. Yeah, that's it.

So I don't even know if it's my week to blog...but here it is!

The Stop Trading on Congressional Knowledge act was proposed to stop congressmen from trading stocks based on information not available to the public obtained on the job. The House version of STOCK makes congressmen disclose their trading activity ninety days after it happens and the Senate version goes even further and requires a thirty day deadline.

Occupiers can cross one concern off of their list with this bill receiving a majority of the vote in Congress. This would have been a major accomplishment for reducing corruption and reduce the incentive for going into Congress for money.

HOWEVER, Eric Cantor, the House Majority Leader, is blocking the bill! He cancelled the markup session that was scheduled for next week because he wants to "give Congress more time to examine the bill." He also claims that he wants to expand the bill by building upon it to focus on stock trading, too. This action could kill the whole bill. Other Congressmen have criticized Cantor calling him "petty" and saying his action is "absolutely is unacceptable."

So why is Cantor blocking this bill? Do you this his actions mean that Cantor doesn't see problems with Congress' unethical insider trading? Does he really have the authority to override a majority vote on the bill? Isn't it odd that Congress is voting on a bill to control its own actions.

Also, I didn't feel like re-reading this, so sorry if some parts sound kray.