Welcome back to our weekly Catch Up, where we update you on this week's happenings around the web and world on the money side of life™.
This Week: Day of Action, Congress to get an insider trading smackdown, and can a president fix a bad economy?
Occupy Wall Street Day of Action: Earlier this week, members of Occupy Wall Street were evicted from Zuccotti park. Yesterday marked two months since the beginning of the movement, and the mounting tension erupted as occupiers around the country amped up their protests, resulting in numerous arrests and scrutiny of both protesters and police.
Congress to get an insider trading smackdown: This week, a bill was filed that would prohibit members of Congress from using insider information about legislation to make investment decisions. Called the "Stop Trading on Congressional Knowledge" (STOCK Act), if passed, it would make Congress just as accountable as the everyday Martha Stewarts of the world. Learn more about insider trading in Congress in this report by 60 Minutes.
Can a president fix a bad economy?: Check out this graph that lines up our American presidents over the last 50 years to what happened to the economy while they were in office.
Economics of local food: "Eating local" supports growers in your community, but an economist argues that from an economic standpoint, it isn't as good an idea as it sounds.
Facebook and YouTube write to Congress: Nine major Internet companies--including YouTube, Facebook and Twitter--teamed up in a New York Times full-page ad to protest two bills recently introduced in Congress. The bills, including the "Stop Online Piracy Act" (SOPA), seek to combat copyright infringement, but, as critics argue, would allow for broad censorship.
--Jane
Photo taken from this photostream and used with permission of a Creative Commons license.
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