Perry: Criminalize Congressional insider trading

Texas Gov. Rick Perry, calls for criminalizing insider trading by members of congress:

"Any congressman or senator that uses their insider knowledge to profit in the stock market ought to be sent to jail, period."

Watch the video:

"Congress certainly can’t be trusted to watch our money, and now it’s clear they can’t be trusted with theirs.  Any congressman or senator that uses their insider knowledge to profit in the stock market ought to be sent to jail. Period. And Congress ought to pass a law that says so right now. No ifs, ands, or buts.  I’m Rick Perry and I approve this message."

This is part of Governor Perry's "Uproot and Overhaul Washington" government reform plan, which according to Mike Allen, has a section for each branch of the federal government:

1. "Fundamental Reform of the Legislative Branch: Citizen Congress, Accountability and Transparency … Work to establish a part-time, Citizen Congress … Cut congressional pay in half and repeal the rules that prevent members of Congress from holding real jobs in their home states and communities."
2. "Fundamental Reform of the Judiciary: End Life-time Appointments to the Supreme Court … End lifetime appointments of federal judges by instituting an 18-year term limit. This would have to apply prospectively (e.g. not to current Supreme Court judges) and require a Constitutional Amendment." 
3. "Fundamental Reform of the Executive Branch: Regulatory Reform and Reining in the Federal Bureaucracy … Support legislation to automatically sunset federal regulations unless Congress votes to renew them. … Work with Congress to dismantle, reform, and restructure wasteful, overbearing, and redundant federal agencies: The Department of Commerce, Department of Education and the Department of Energy would be completely eliminated."

Perry wants an overhaul of the Federal government of Biblical proportions:

"I do not believe Washington needs a new coat of paint. It needs a complete overhaul. We need to uproot, tear down and rebuild Washington, D.C. and our federal institutions. Ecclesiastes, Chapter 3, says, 'there is a time to plant and a time to uproot … there is a time to tear down and a time to build.' It is time to tear down the monuments to bureaucratic failure and in their place build a smaller, more efficient federal government that puts the American people first."

It's about time someone finally gets it.