In his State of the Union Address tonight, President Barack Obama endorsed the findings in a book The Heartland Institute will be featuring at our next “Author Series” event on Feb. 1 in Chicago: Throw Them All Out by Peter Schweizer of the Hoover Institution.
Said the president last night:
Send me a bill that bans insider trading by Members of Congress, and I will sign it tomorrow. Let’s limit any elected official from owning stocks in industries they impact. Let’s make sure people who bundle campaign contributions for Congress can’t lobby Congress, and vice versa — an idea that has bipartisan support, at least outside of Washington.
Yes. Outside of Washington, but definitely not inside. (The applause in the chamber after that suggestion by the president was pretty tepid — on both sides of the aisle.)
The details of that insidious nexus of entirely legal crony capitalism and the personal profit by powerful members of Congress is exactly what Schweizer of the Hoover Institution outlines in his book — which was recently featured by 60 Minutes on CBS.
If you’re in the Chicago area, and want to meet the man who wrote the book that put the words above in the president’s State of the Union Address, register here to attend our luncheon book event and lecture.
Space is limited, so act soon! Watch the 60 Minutes feature on Schweizer and his book below the fold. You really shouldn’t miss it — the video, or Heartland’s book luncheon.