Author Topic: Pelosi Dismisses Question About Insider Trading In Congress: "People Aren't Reporting, They Shou  (Read 209 times)

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Online mystery-ak

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Pelosi Dismisses Question About Insider Trading In Congress: "If People Aren't Reporting, They Should Be"
Posted By Tim Hains
On Date December 15, 2021


https://www.youtube.com/watch?v=iU0Xg2KBzpI&t=646s&ab_channel=FoxNews

Nancy Pelosi dismissed a question about Business Insider's report alleging that 49 members of Congress and more than 180 of their staffers have violated reporting requirements meant by President Obama's 2012 Stop Trading on Congressional Knowledge (STOCK) Act to prevent insider trading and conflicts of interest.

"We are a free market economy. They should be able to participate in that," Pelosi said when asked if insider trading by spouses of members of Congress should be banned during her weekly press briefing this morning.

more
https://www.realclearpolitics.com/video/2021/12/15/pelosi_dismisses_question_about_insider_trading_in_congress_this_is_a_free_market.html
« Last Edit: December 15, 2021, 09:38:05 pm by mystery-ak »
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Offline unite for individuality

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Pelosi’s salary is $223,500

Her net worth is about $100 million.

You do the math.


Actually, it's closer to $130 million.
How it got there is a result of deals like this:

Her husband bought some real estate in downtown San Francisco.
Then Pelosi had Congress fund the construction of a mass transit station
right next to that same real estate.
Voila!  The value of the real estate skyrockets!

If all mankind minus one, were of one opinion, and only one person were of the contrary opinion,
mankind would be no more justified in silencing that one person, than he, if he had the power, would be justified in silencing mankind.
   -- John Stuart Mill

Here are the 10 RINOs who voted to impeach Trump on Jan. 13, 2021 - NEVER forget!
WY  Liz Cheney      SC 7  Tom Rice             WA 4  Dan Newhouse    IL 16  Adam Kinzinger    OH 16  Anthony Gonzalez
MI 6  Fred Upton    WA 3  Jaime Herrera Beutler    MI 3  Peter Meijer       NY 24  John Katko       CA 21  David Valadao

Online Kamaji

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It's not just about the reporting, it's about the inescapable corruption.

All members of Congress should be required to put all of their investments into a blind trust when they accept the office, as should their spouses and minor children.


Offline Right_in_Virginia

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Quote
Disclose.tv
@disclosetv

NEW - Pelosi and her husband scooped up millions of dollars worth of call options for Google, Disney, Roblox stocks just days after she insisted that Congress members should be allowed to trade stocks (NYP)


1:59 PM · Dec 30, 2021·Twitter Web App

Quote
The Pelosi family’s trades this month include Google and Salesforce call options worth between $500,000 and $1 million each, as well as Roblox call options valued at between $100,000 and $250,000. The duo also bought up between $250,000 and $500,000 in calls for chipmaker Micron Technology and between $100,000 and $250,000 of Disney call options.

Paul Pelosi runs Financial Leasing Services, a real estate and venture capital investment and consulting firm. In recent years he’s made big-money bets on companies his wife is supposed to regulate, including Amazon, Apple and Google.

December’s calls — which are set to expire in late 2022 and early 2023 — show that the Pelosis believe tech stocks are going to continue their current bull run in the new year, according to Thomas Hayes of Great Hill Capital.

“They’re trying to ride the momentum,” Hayes told The Post. “The Pelosis live in San Francisco — they’re around a lot of hype so I’d see how they’re caught up in the euphoria.”

Some DC insiders have speculated that Pelosi is slow-walking bipartisan legislation that would hurt big tech firms.


https://nypost.com/2021/12/30/nancy-pelosi-buys-call-options-for-google-disney-stocks/

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Read entire article at New York Post:
Quote
The REAL reason Nancy Pelosi wants to keep trading individual stocks
By Post Editorial Board   
January 7, 2022 9:43pm

House Speaker Nancy Pelosi is fighting to preserve her right to trade stocks despite the blatant conflict of interest, and it’s obvious why: She and her husband have done well under the rules as they stand. Very well.

As The Post’s Lydia Moynihan and Theo Wayt report, the speaker — whose estimated worth tops $100 million — and hubby Paul Pelosi have amassed as much as $30 million from Big Tech stock trades, even as she’s supposed to be regulating that industry.  ...

From 2007 to 2020, the speaker and her spouse raked in between $5.6 million and $30.4 million (the rules don’t even require exact disclosure) from just five Big Tech firms: Facebook, Google, Amazon, Apple and Microsoft.

Never mind that the companies’ fortunes depend on laws Congress may or may not pass. As The Post has also noted, for example, Pelosi has been stalling legislation to ban Internet firms from favoring their own products in search results. Maybe it’s a coincidence she and her husband have also bet on Google, but it sure makes you wonder. ...
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Eyebrows rising like her investment portfolio.

10:27 AM · Jan 10, 2022
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