Posted on 12/18/2021 4:33:17 AM PST by MtnClimber
So capitalism is the same as insider tradingg?
A few days back, House Speaker Nancy Pelosi said that lawmakers should not be prevented from trading stocks.
“We are a free market economy. They should be able to participate in that,” Pelosi said.
Her remarks are probably owing to the fact that Pelosi’s husband holds stocks and options worth tens of millions of dollars.
This includes stocks in big tech firms such as Amazon and Apple that are each worth between $5 million and $25 million. In Comcast, Pelosi’s husband holds stock worth between $1 million and $5 million and in Visa worth between $5 million and $25 million. He also holds stock options in Google’s parent company worth between $1 million and $5 million.
Pelosi insisted that she had no involvement or prior knowledge of her husband’s stock investments. She also stated that she had no stock on her name.
However, the fact that Pelosi’s husband made millions from various big tech firms that she is supposed to regulate, at the very least is a huge conflict of interest.
But Pelosi is not the only one.
Back in April, a study by the Campaign Legal Center discovered that both Republican and Democratic lawmakers bought and sold stocks hundreds of times throughout the coronavirus pandemic.
Many lawmakers had invested in industries whose importance and relevance were elevated owing to the COVID-19 pandemic. They also sold their stocks from the hospitality industry, restaurants, and other sectors that were adversely affected by the pandemic.
(Excerpt) Read more at americanthinker.com ...
Lawmakers Trading in Stocks = Crime Family’s
Easy answer to initial question: because that old lying hag is an idiot.
Upon assuming political office, put all “investible” assets (i.e., not home, land — liquid) into a trust. Also, make it a crime — like with all other businessmen — to share insider data with relatives.
To a large extent, this will solve two problems; crooked politicos and the interest in term limits.
Impossible.
Nancy is a socialist.
She dreams of pulling turnips with her comrades at Turnip Commune #34.
“So capitalism is the same as insider tradingg?”
According to the left, yes. Also, see “restorative justice.”
As well, see the curious case of Kevin Clinesmith.
And when the time comes, those in government and the multi-nationals will betray their country to the Chicoms.
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