Author Topic: Congresswoman’s Jaw-Dropping Stock Gains Are Exposed After Her Attack On Capitalism  (Read 54 times)

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Online mystery-ak

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Congresswoman’s Jaw-Dropping Stock Gains Are Exposed After Her Attack On Capitalism

Published 51 minutes ago

on July 9, 2025

By Cullen McCue

U.S. Rep. Sara Jacobs (D-CA) stepped on a rake Wednesday when she ranted wealth inequality in a social media post, at which point independent researcher Data Republican pointed out that the congresswoman has raked in millions off stock trades during her time in office.

“Here’s a Prime (Day) example of why trickle-down economics don’t work,” Jacobs posted on X before calling out Amazon CEO Jeff Bezos. “In recent years, Jeff Bezos, the founder of Amazon, who has a net worth of over $200 billion, paid zero dollars in federal income taxes. He just paid $50 million for a lavish wedding in Italy.”

Jacobs continued in a follow-up post, “Trickle-down economics was a myth created to justify the concentration of wealth. It hasn’t produced more jobs or higher wages. It hasn’t even led to Amazon lifting the prospects of its own workforce.

The congresswoman then somehow turned her criticisms of Bezos — a longtime critic of President Trump’s who has donated millions to Democrats in recent years — into an attack on House Republicans. “And despite all of the evidence against it, Republicans just doubled down on trickle-down economics. Their budget makes the largest-ever cuts to Medicaid and SNAP – two of the strongest ladders out of poverty,” she continued.

“And they doubled the estate tax exemption from the original Trump Tax Cuts and made it permanent, further concentrating wealth in the hands of a few people! We should raise the floor for everyone, not raise the ceiling for a tiny few.”

Data Republican — an independent data researcher — responded to the congresswoman’s post by noting that she raked in an estimated $1.4 million in stock trades just in the month of May alone. Rep. Jacobs was successfully “ratio’d” by Data Republican, as her initial post garnered just 519 likes, while the independent researchers response has surpassed 14,000 and counting.

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Offline Smokin Joe

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Let's clarify something.

I'd love to see the stats on how many people, by demographic, have successfully used Medicaid and SNAP as a springboard to successful living without any aid.

Keep in mind, that there are limits on how much you can make before your benefits are cut or reduced.

Replacing the costs of those benefits with income is something few can do,  because it requires a jump, among the working poor, of over $2000 a month in income to insure the family for medical purposes, pick up co-pays and prescriptions, and feed the crew. Eligibility for subsidized housing may be in the balance as well.

While I do not have the numbers, I'd just about bet my paycheck that very few have made the leap from being on benefits to self sufficiency, and making enough that benefits are lost is something recipients try desperately to avoid.
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Seventeen Techniques for Truth Suppression

Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

C S Lewis