PELOSI Act Keeps Normal People from Office and Protects Career Politicians

PELOSI Act Keeps Normal People from Office and Protects Career Politicians

This is legislative demagoguery”…one could actually call this legislation “the career politician protection act.” ~Sen. Ron Johnson

BREITBART

The PELOSI Act would keep normal people from running for office and essentially create more career politicians, Sen. Ron Johnson (R-WI) said during an appearance on Breitbart News Daily.

Host Mike Slater noted how the PELOSI Act sounds good on the surface, but he asked why so many conservatives are skeptical.

“What I did when I ran 2010, I sold all my marketable securities. I’ve been sitting on cash, losing my, you know what, for the last 15 years. So from a personal standpoint, I don’t do it, but, you know, we passed something called the Stock Act, which requires pretty much total transparency,” Johnson explained. “You know, you trade something more than $1,000, you have to report that on a quarterly basis, and particularly if you’re Republican, the press is watching you like, you know, so they’re holding you accountable.”

“But the biggest problem with that bill, first of all, there have been so many unintended consequences, but it required divestiture of businesses,” the senator said, noting that he did not initially sell his business, although he did eventually.

“But as I said in the hearing, this is legislative demagoguery,” he said, explaining that one could actually call this legislation “the career politician protection act.”

There are already far too few people who have experience in the private sector in Washington and know how hard it is to build a business, Johnson explained.

“We need more citizen legislators. We need more people that are successful in business to come into Congress with their wealth. Ok, they don’t — they’re not going to be doing insider trading, which, by the way, is already illegal. Again, you have pretty much full transparency, disclosure of any kind of trades,” he said, deeming the PELOSI Act a “completely unnecessary piece of legislation” that he believes will “dissuade the exact kind of people you want serving in government — people who know the private sector, understand how harmful government is to it.”

These people, he said, will be “completely discouraged from running.”

CONTINUE TO HEAR INTERVIEW AND READ MORE…

Header featured image (edited) credit: Org. post content. Emphasis added by (TLB)

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