Bureaucrats are profiting off of policy: Only voters can stop them ...Middle East

Over the past several months, the Wall Street Journal has been reporting on government officials who profit from their cozy relations with the private businesses they regulate or that otherwise fall within their jurisdictions. As reported on Dec. 30, most of the officials’ personal financial gains arise from “insider trading,” the presumptively illegal buying or selling of publicly traded stock based on not-yet-public information about pending regulatory intervention to which the market will respond (either positively or negatively) after the action is announced. Bureaucrats and politicians are poster child “insiders” who know what public policies are being devised and can easily predi

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