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Democrats plan to introduce legislation next month that would prevent stock trades by members of Congress and their spouses.
All that means is that the Democrat will set up a holding company to make these trades.
Insider trading 101 with Professor Nancy ; .Wall Street Bets has a fund that mimics the Pelosi’s purchases
https://nypost.com/2022/03/08/wallstreetbets-founder-debuts-new-fund-that-mimics-nancy-pelosi-stock-trades/
Pelosi Has a Long History of Insider Stock Trading
The speaker’s husband, Paul Pelosi, frequently buys and sells stocks when their values are impacted by legislation that passes through Congress, earning millions of dollars in the process.
Question is, do they think the Presidency will go through Kamala and wind up with Nancy Actor instead of Biden Actor?
How precisely do progressives rage against elitism when the only thing larger than Pelosi's fat stock portfolio is her hoard of artisan gelato, housed in her mansion's state-of-the-art freezer whenever talk of pandemic is in the air? ...
That privileged "rules-for-thee-not-for-me" approach has served Pelosi well repeatedly, including her routine public lecture that God has given us a "moral obligation" to reduce carbon emissions, all while herself spending over half a million dollars last year on private jet travel.
Her record on so-called "racial justice" matters is no better. When then-candidate Joe Biden made light of racist white men referring to black men as "boy," Pelosi rushed to his defense even over the objections of her minority colleagues in Congress. That kind of wagon-circling by wealthy white politicians usually taints and tarnishes their reputation permanently. But not Nancy.
Around the same time, she dialed up her racial insensitivity to a new level, using the trial of Derek Chauvin to publicly thank George Floyd for "sacrificing his life for justice," as though Floyd consciously chose to die so that others would rally for the greater good. In the eyes of many, her premeditated, pre-planned comments were tone-deaf and exploitative. Yet somehow, she lived to slur another day.
That other day was just last week when she expressed her concern over a lack of crop-picking immigrants in the South.
So how does someone like this, in an era like this, still have her job? The only way to answer that is to evaluate the three entities who possess the power to remove her.
1. The district that Pelosi represents is one of the most blindly partisan districts in the country. They don't care if she's a privileged elitist with a concerning history of racial insensitivity as long as she supports a progressive agenda.
2. Her congressional colleagues are concerned primarily with power and know full well what it would reveal about their caucus to a watching electorate if their chosen leader was ousted for racism. They'll accept the status quo as long as their claims on power remain safe.
3. The media has willfully abandoned their pretended commitment to "speak truth to power" and is utterly disinterested in acting as accountability watchdogs for the people. They have become propagandists at best, and will shamelessly promote anyone who plays on their team. That's why rather than being embroiled in yet another racism scandal this week, Pelosi is booked to appear on the Late Show with Stephen Colbert.
DEMOCRATS
The Stock Market Made Nancy Pelosi Rich. Now, She Wants To Ban Her Colleagues From Trading.
House speaker's fortune has grown $140 million since 2008, thanks in part to her husband's trades
House Speaker Nancy Pelosi (D., Calif.) has seen her net worth increase by $140 million since the 2008 financial crisis thanks in no small part to her husband’s fortuitous trades in companies she has worked to subsidize. Now, she's trying to pull up the ladder behind her: In what may be her final months as a member of Congress, she’s backing a proposal that would prohibit her colleagues from buying or selling individual stocks.
Federal Officials Trade Stock in Companies Their Agencies Oversee
Hidden records show thousands of senior executive branch employees owned shares of companies whose fates were directly affected by their employers’ actions, a Wall Street Journal investigation found
As Covid Hit, Washington Officials Traded Stocks With Exquisite Timing
Some sold in January 2020 when the government began mobilizing against the threat. Others bought shares as a market-rescue plan was taking shape.
Pelosi Dumped Millions in Google Stock Just before DOJ Launched Antitrust Lawsuit
Collin Rugg
@CollinRugg
REPORT: Pelosi sold $3 Million of Google stock 4 weeks ago. Yesterday, the DOJ opened a lawsuit against Google to break up their tech monopoly.
Pelosi gets a free pass for white collar crime. Anyone else would be in jail.
7:45 AM · Jan 25, 2023
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4.3M Views
Former House Speaker Nancy Pelosi (D-CA) didn’t get the welcome home she was hoping for when a heckler dropped the hammer on the Democrat congresswoman in a San Francisco restaurant.
A video of the incident emerged online and shows the heckler calling Pelosi out on numerous issues.
“Nancy, can you tell us why we have 150 billion dollars going to Ukraine when we have homeless on our streets in your own city?” the man yells at a shocked-looking Pelosi.
“Nancy, can I get some stock trading tips on how to get semiconductors in Taiwan,” he added, alluding to Nancy and Paul Pelosi’s shady stock market trades.
“Nancy, is your son involved with Hunter Biden?”
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