When is insider trading legal? Only when members of Congress do it. Peter Schweitzer raises the issue in his book Throw the Bums Out, citing it as common practice whenever lawmakers consider legislation that will affect markets. And it is not restricted to party. Each side engages in behavior that got Martha Stewart sent to prison. Is it any wonder that almost half are millionaires? And what's it say about the other half? Are they honorable or so dumb they cannot score in a rigged game? No wonder so many turn into lifers. They are in a class by themselves. Nothing manifests the need for term limits more than this.
I ran into an old Exchange buddy, Richie Tartag, today on Avenue U. After 99 weeks of unemployment insurance, he has taken a job as a security guard. Unfortunately, he is still smoking, although he has emphysema. Good luck, my friend.
I had one of the most unexpected book sales ever today. An obese woman, cane in hand, exited an SUV on the passenger side and struggled to cross the street, pausing to lean against a car to rest, breathing heavily. A young woman helped her onto the curb. I was surprised when she turned toward me instead of going into the train station, and even more so when she stopped at the floating bookshop. She purchased Judith Michael's Sleeping Beauty, a romance novel. Fortunately, she had only a few more steps to go, entering a building nearby. Moments later a young Asian woman bought Reallionaire, Nine Steps to Becoming Rich from the Inside Out by Farah Gray, who went from public assistance to his first million at the age of 14!
Thanks, ladies, and thanks to my friend Bob Rubenstein, author of the Ghost Runners and the forthcoming The White Bridge, who purchased two copies of my latest novel, Killing.
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