It seems clear to me that the government has insider information. For example, they get classified briefings on all manner of things and they determine how and

It seems clear to me that the government has insider information. For example, they get classified briefings on all manner of things and they determine how and where government money is spent. I would agree that it's not legally insider trading, because of course the people who wrote the laws on insider trading excluded their privileged knowledge from being considered insider trading in the law.