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Friday, November 18, 2011

"[T]he Occupy protesters must realize that Washington politicians have been 'Occupying Wall Street' long before anyone pitched a tent in Zuccotti Park."

Writes Sarah Palin in the Wall Street Journal, connecting Occupy Wall Street to the Tea Party, which has always, she says, opposed crony capitalism.

She proposes "sudden" and "relentless" reform:

Congress should be subject to the Freedom of Information Act like everyone else. We need more detailed financial disclosure reports, and members should submit reports much more often than once a year. All stock transactions above $5,000 should be disclosed within five days.

We need equality under the law. From now on, laws that apply to the private sector must apply to Congress, including whistleblower, conflict-of-interest and insider-trading laws. Trading on nonpublic government information should be illegal both for those who pass on the information and those who trade on it....

No more sweetheart land deals with campaign contributors. No gifts of IPO shares. No trading of stocks related to committee assignments. No earmarks where the congressman receives a direct benefit. No accepting campaign contributions while Congress is in session. No lobbyists as family members, and no transitioning into a lobbying career after leaving office. No more revolving door, ever.

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