Msg. 30981 of 65535 (This msg. is a reply to
30979 by
oldCADuser)
Jump:
Jeez, talk about the foxes being in control of the hen house... No wonder these folks work soo hard to stay in office forEVER... clo
Under House and Senate rules, members of Congress are permitted to set up blind trusts, and in addition to Frist, 17 senators and several members of the House now employ them. The Senate and the House use the same rules that govern executive branch blind trusts, but enforcement by an independent agency is not an option—the Constitution grants Congress the sole authority to regulate itself—and Congress has never been very effective at applying its ethics rules to itself. This lack of vigilance seems to be at the heart of the Frist case.
Here's an item from 2006 that if you read down about 2/3 of the way you will discover that blind trusts appear to be optional and are not overseen by anyone outside of Congress since, as I said, they are Constitutionally protected from people like the Justice Department and the SEC.
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