Democracy Gone Astray

Democracy, being a human construct, needs to be thought of as directionality rather than an object. As such, to understand it requires not so much a description of existing structures and/or other related phenomena but a declaration of intentionality.
This blog aims at creating labeled lists of published infringements of such intentionality, of points in time where democracy strays from its intended directionality. In addition to outright infringements, this blog also collects important contemporary information and/or discussions that impact our socio-political landscape.

All the posts here were published in the electronic media – main-stream as well as fringe, and maintain links to the original texts.

[NOTE: Due to changes I haven't caught on time in the blogging software, all of the 'Original Article' links were nullified between September 11, 2012 and December 11, 2012. My apologies.]

Wednesday, May 25, 2011

Study: Lawmakers Outperform on Stock Investments

A new study says Congress members routinely outperform the stock market in their personal investments. Researchers poured over some 16,000 stock transactions by around 300 lawmakers from 1985 through 2001, finding what they called "significant positive abnormal returns" of around six percent per year. The report speculates the lawmakers’ gains could stem from their ability to trade on non-public information and to vote in favor of their economic interests.

Origin

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