Sen. Rand Paul Proposes an Amendment to The Stock Act - 1/31/12

RECOGNIZE SENATOR PAUL. HE HAS , I BELIEVE, THREE AMENDMENTS THAT HE'D LIKE TO OFFER. I YIELD THE FLOOR. THANK YOU. MR. PAUL: MR. PRESIDENT, I ASK UNANIMOUS CONSENT TO SET ASIDE THE PENDING AMENDMENT AND CALL UP AMENDMENTS 1484, 1485 AND 1487 EN BLOC. THE PRESIDING OFFICER: IS THERE OBJECTION? WITHOUT OBJECTION, SO ORDERED. THE CLERK WILL REPORT THE AMENDMENTS. THE CLERK: THE SENATOR FROM KENTUCKY, MR. PAUL, PROPOSES AMENDMENTS NUMBERED 1484, 1485, AND 1487. MR. PAUL: I ASK UNANIMOUS CONSENT THAT THE READING OF THE AMENDMENTS BE DISPENSED WITH. THE PRESIDING OFFICER: WITHOUT OBJECTION. MR. PAUL: THESE AMENDMENTS ARE RECOGNIZING WHAT THE AUTHORS OF THESE BILLS HAVE BEEN DISCUSSING, THAT PEOPLE SHOULD NOT PROFIT OFF OF THEIR INVOLVEMENT IN GOVERNMENT. THEY SHOULDN'T PROFIT OFF OF SPECIAL RELATIONSHIPS. THEY SHOULDN'T PROFIT OFF OF SPECIAL KNOWLEDGE THEY GAIN IN THE FUNCTION OF SERVING THE PEOPLE. CURRENTLY THERE ARE SOME LARGE DONORS THAT HAVE BEEN GIVING TO THIS ADMINISTRATION WHO HAVE PROFITED ENORMOUSLY AND DISPROPORTIONATELY. THIS WILL ALLOW THIS BILL TO APPLY TO THE ADMINISTRATION, AND I DON'T BELIEVE PEOPLE WHO ARE MULTIMILLIONAIRES AND BILLIONAIRES SHOULD USE THE APPARATUS OF GOVERNMENT AS WAS USED IN THE LOANS THAT WERE GIVEN TO SOLYNDRA BY SOMEONE WHO IS PROFITING OFF OF THEIR RELATIONSHIP AND TIES TO THE PRESIDENT, PROFITING OFF OF PEOPLE WHO USED TO WORK FOR THESE COMPANIES NOW, WHO ARE NOW EMPLOYED IN THE ADMINISTRATION AND USING THESE CONNECTIONS TO GET TAXPAYER MONEY TO GO TO PRIVATE INDIVIDUALS. THIS IS WRONG AND THIS SHOULD STOP. I THINK THIS BILL IS A GREAT VEHICLE FOR DISCUSSING HOW PEOPLE IN GOVERNMENT ARE ABUSING THEIR ROLES IN GOVERNMENT TO