Nikki Haley's Sudden Wealth Rooted in Weapons Industry, Pro-War Advocacy Network

Lee Fang ^ | Aug 24, 2023 | Lee Fang

[McGruff]

Nikki Haley, who also backs more American funds and military support for the conflict, made similar remarks. “Look at what Putin did today. He killed Prigozhin. When I was at the U.N., the Russian ambassador suddenly died. This guy is a murderer,” said Haley.

But the debate turned personal a moment later, as Haley charged that Ramaswamy is “choosing a murderer over a pro-American country.”

"I wish you well on your future career on the boards of Lockheed and Raytheon," Ramaswamy shot back.

“You would make America less safe. You have no foreign policy experience, and it shows,” countered Haley.

The incendiary exchange, which instantly became a viral, made-for-television exchange clip shared widely, belied a deeper divide in foreign policy and the curious background of Haley, who went from near negligible wealth – with virtually no assets or investments other than a bank account with less than $15,000 in 2017 and up to $1 million in debt – to a sizable fortune.

Over the last year, Haley and her husband reported a vast investment stock portfolio and $12 million of income.

The former South Carolina governor left the Trump administration in 2018 at a time when her parents were struggling financially and had just faced foreclosure. Those days are over. Haley now resides in a 5,700-square-foot mansion on Kiawah Island now worth close to $5 million. Haley and her husband also helped sell a strip mall once owned by her parents and worked to clear the family of previous debts.

Along the way, Haley became wealthy in large part from her ties to a network of defense interests and hawkish advocacy organizations tied to U.S. and Israeli intelligence officials.

[Worldtraveler once upon a time]

--- "One sign of being a Third World banana republic is that 'public service' is a surer path to great wealth than running a business."

Most assuredly apt.

A small addendum. When the business is "invested in" as were Solyndra and Proterra by government grants and loans, other uninformed "venture capital" is sucked in only have those "businesses" as friends of government bankrupt themselves as the top management walk away with millions and no liability. Except to the foolish who believed in the "businesses" and of course the taxpayers.

[Vaduz]

BINGO

[qaz123]

I saw a meme today.....

So, if we don’t let athletes bet on the games they have the ability to influence....Why do we allow Congress to invest in companies they regulate?

Pretty much says it all. There’s no other reason for someone like McCaul to be in Congress, other than to amass more wealth from his insider knowledge. And, there’s no one willing to challenge him and the people of his district continue to send him back, again and again and again.