Thursday, May 24, 2012

The Daily Show Takes On Stock Trading on Congressional Knowledge -- VIDEO

February 16, 2012 | 7:19 a.m.

Jon Stewart skewered members of Congress allegedly trading stock based on non-public information they learn on the job.

On proposed legislation that would make Congress obey the same insider-trading laws as everyone else? "I believe that was in the No Sh*t, Sherlock Act," Stewart joked.

On "honest grafts" that members engage in: "It's our system of checks and balances," he said. "They deposit checks; it increases their balances."

Watch:

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