A.B. in the News

TPM: Rick Perry’s Good Government Plan: Throw The Bums In Jail!

On November 15, 2011, Talking Points Memo reported:

In a major reboot of his flagging campaign, Rick Perry is releasing a far-reaching government reform plan that would radically transform Congress and the Supreme Court at a structural level.

[…]

Perry’s already up with a new web video highlighting another plank of his new platform: jailing members of Congress who cut stock deals based on insider information. His call comes after a 60 Minutes report detailing how top legislators from both parties have profited from trades they made in companies and industries that are directly affected by Congressional oversight.

[…]

Democratic group American Bridge is already accusing him of hypocrisy, citing one incident in which Perry purchased stock in a hospital equipment company run by a top donor, James Leininger, the same day he met with him. Perry turned a profit after a new wave of investors drove its price up immediately afterwards. He has denied any wrongdoing.

“If Perry thinks members of Congress belong in jail, what would he think about an elected official who purchased 2,800 shares of stock after speaking with that company’s CEO on the same day a giant investment group purchased 2.2 million of its shares?” communications director Chris Harris said in a statement.

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