Tag: nancy pelosi

Nancy Pelosi Doubles Down Despite Criticism, Makes Big-Money Stock Moves

This month, Democratic House Speaker Nancy Pelosi argued that members of Congress should not be criticized for owning personal stocks.

Days later, she bought millions of dollars worth of call options for stocks in various companies.

According to disclosures signed Wednesday, Pelosi purchased between $1.75 and $3.6 million worth of call options between Dec. 17 and Dec. 22 for companies including Google, Salesforce, Roblox and Disney.

Her largest purchases were between $500,000 and $1 million for Google and between $600,000 and $1.25 million for Salesforce.

According to the New York Post, Pelosi said on Dec. 15 that members of Congress should be able to hold individual stocks in the U.S.

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Of Course Pelosi Doesn’t Want Congress Banned From Trading Stocks — She Rakes In Millions From It

Speaker of the House Nancy Pelosi doesn’t want Congress banned from trading stocks because she profits big from her and her husband’s investments on a regular basis.

In a press conference on Monday, the Democrat said that representatives and senators should do their best to comply with the reporting standards required by the Stop Trading on Congressional Knowledge Act, signed into law in 2012, but rejected the suggestion that legislators and their spouses should be barred from trading.

“We are a free market economy that should be able to participate in that,” Pelosi said.

Like many others in Congress, Pelosi and her husband, Paul Pelosi, a San Francisco real estate investment mogul, have poured tons of money into the stock market and profited millions off of shares largely staked in Big Tech stocks such as Alphabet, Google’s parent company. According to disclosure forms collected in the House, Pelosi has reported holding stocks in Microsoft, Roblox, Netflix, and recently sold Facebook and Apple shares.

Pelosi isn’t the only member of Congress who makes money off of trading on some of the same companies that are regularly called to testify in front of her chamber’s committees. A recent report from Insider found that 49 other legislators not only frequently involved themselves in stock trades but also failed to disclose their dealings in accordance with the STOCK Act in a timely manner or at all. The list is filled with Republicans and Democrats who, despite the law designed to curb any insider trading and conflicts of interest, “offer excuses including ignorance of the law, clerical errors, and mistakes by an accountant” to justify their lack of financial disclosures.

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Build Back Better’s climate pork will benefit the rich — but not the environment

The irony of the Build Back Better bill passed in the House with Speaker Nancy Pelosi’s brute force last week is that it is called a “reconciliation” bill, since it attempts to straddle so many irreconcilable differences in the Democratic Party.

The whole mess now moves to the Senate, where two things are certain: The final bill, if it passes at all, will be drastically different from the House bill; and the final bill will contain hundreds of billions for “climate-change action” and “clean energy” because this (along with racism) is the central mania of the Democratic Party today.

Aside from the huge price tag, will the climate and energy features add up to a serious and coherent policy? If the House bill is any indication, the answer is a resounding “No.”

The headline is that Build Back Better includes more than $500 billion for climate and clean-energy measures, but keep in mind that the already-passed bipartisan infrastructure bill included $150 billion for clean-energy baubles such as electric-vehicle chargers ($7.5 billion) and electric school buses ($5 billion), so the grand total of both bills would be about $650 billion.

What are we actually getting for that eye-popping sum?

Some of the infrastructure bill targets worthy improvements, such as $65 billion for upgrading our creaky electricity grid and $50 billion for “climate resilience,” which includes common-sense steps such as building more robust defenses against flooding and better managing national forests to reduce wildfire risk.

The bulk of the Build Back Better bill, on the other hand, consists of large tax credits and subsidies for special interests with marginal benefits — and, incredibly, still more tax breaks for the affluent on top of the reinstatement of the state and local tax deduction that will deliver more than 90 percent of its benefits to the top 1 percent of income earners.

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Speaker Nancy Pelosi’s Retirement Just Got Very Real — And People are Noticing Her Blatant Hypocrisy

Speaker Nancy Pelosi is now sending all of the right signals that her retirement is imminent. A hedge fund manager is reporting that Pelosi has entered in a contract to purchase a Florida mansion for an inordinate sum of money.

“Nancy Pelosi just went into contract to buy a Florida oceanfront mansion listed for $25,000,000,” Gabe Hoffman said. “Just checked with top broker in area who confirmed this information: 10,000 sf property on Jupiter Island just changed to ‘pending’ on MLS.”

“Upon close of transaction, typically in 30 days, the net sale price will be a couple million lower than listed price, to reflect commission & property tax deductions,” Hoffman noted.

“The Buyer may be possibly listed as Pelosi-related 3rd party, Land Trust, or holding corporation,” Hoffman continued. “Pelosi’s husband, Paul Pelosi, is extremely wealthy, and may likely be represented on Buyer documentation at closing. Pelosi is apparently not afraid of oceans rising due to climate change,” he added.

Indeed, Pelosi is not the only wealthy Democrat Party politician who has whipped up climate hysteria while purchasing beach front property.

Climate guru Al Gore bought an $8.9 million ocean front villa in secluded Montecito, California in 2010.

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Company co-founded by Nancy Pelosi’s son charged with securities fraud

The Securities and Exchange Commission (SEC) charged a company cofounded by Paul Pelosi Jr. with fraud on Wednesday after learning that two convicted criminals were running the business.

Paul Pelosi Jr., the son of House Minority Leader Nancy Pelosi (D., Calif.), was the president and chief operating officer of Natural Blue Resources Inc., an investment company he cofounded that focuses on “environmentally-friendly” ventures.

The SEC charged four individuals with fraud, including former New Mexico Gov. Toney Anaya, and suspended trading in the company’s stock. Pelosi owned over 10 million shares in the company in 2009.

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Pelosi Doubles Down on IRS Looking Into Bank Transactions

Speaker of the House Nancy Pelosi (D-Calif.) has doubled down on a provision in the Democrats’ multi-trillion-dollar reconciliation bill that would allow the Internal Revenue Service (IRS) to see information on all Americans’ bank transactions totaling $600 or more. Republicans and banks have raised the alarm about the provision, reporting that their constituents and clients are deeply concerned about the proposal.

Since the introduction of their reconciliation bill, Democrats have insisted that the bill will not add to the debt or the deficit, claiming that all new spending in the bill will be paid for.

Along with significantly increasing marginal tax rates to pay for the bill, Democrats proposed and wrote into the bill a section to allow the IRS to gather Americans’ private information from banks, including information on all transactions totaling more than $600.

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‘Watters’ World’ investigates Nancy Pelosi’s financial dealings up to $315 million in assets

House Speaker Nancy Pelosi, D-Calif., has served in Congress for nearly 34 years and presently presides in a top-tier position as one of the most powerful figures in the U.S. government. Amid a recent flurry of complicated decisions she’s had to face as leader of her caucus, Fox News host Jesse Watters launched a “Watters’ World” investigation into her financial dealings during her tenure in politics. 

Last week, the Speaker was unable to pass the bipartisan infrastructure bill as progressives in her own party signaled their disapproval. Watters condemned her policies, saying they’re making it “harder and harder for average Americans to accumulate wealth,” shackling them with taxes and “destroying the dollar with reckless spending.” 

The current salary of a Speaker of the House sits in the low six-figures, yet Pelosi is one of the richest members of Congress.

So what is her secret, asked Watters: “It appears to be her husband, Paul.” 

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Retail traders follow Nancy Pelosi’s husband’s stock moves to find winners

When in doubt, pick the same stocks that lawmakers’ spouses are buying? That’s what retail investors are doing when it comes to trades made by House Speaker Nancy Pelosi’s husband, Paul Pelosi, a businessman who owns a real estate and venture capital firm.

Though Nancy Pelosi herself doesn’t trade stocks, her husband does. And that’s enough for some social traders, who see his trades as hers. “We’ve been tracking their performance and every single stock she has bought in the last two years has gone up significantly,” Christopher Josephs, cofounder of Iris, told Yahoo Finance Live. Iris is a social investing app allowing users to see the same stocks friends, influencers and professionals are buying.

Trades made by lawmakers or their family members are required to be disclosed within 45 days of execution.

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The Gaslighting Begins After Mark Milley’s Treasonous Actions Are Revealed

Earlier today, one of the most consequential stories in a long time broke with the revelation that Gen. Mark Milley, now Chairman of the Joint Chiefs of Staff, had colluded with the Chinese to possibly commit treason. The discussion that led to the quote in question happened via secret, unsanctioned calls between Milley and a top Chinese general. At one point, Milley is reported to have pledged to the Chinese that he would tip them off about any possible attack coming from the United States.

Later, it was revealed that Milley was working with Nancy Pelosi, both of whom were trying to subvert the constitutional system in order to essentially neuter Donald Trump’s ability to function as Commander in Chief.

Now, the clean-up crew has arrived to gaslight everyone and claim that was transpired not only didn’t amount to an intention to commit treason but was “routine.”

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