"$15 G's on Culture
of Corruption to win."
Posted on 06/29/2007 11:58:00 PM PDT by freedom44
House Speaker Nancy Pelosi (D-Calif.) has disclosed that she holds stock valued at up to $15,000 in Alcatel-Lucent (formerly Alcatel SA), a company with extensive investments in Iran and Sudan — nations that sponsor terrorism.
The disclosure of Pelosi’s holdings comes at the same time that legislation is making its way through the California legislature barring state pension fund managers from investing in companies, like Alcatel-Lucent, that do business with "terror-friendly" nations.
U.S. Speaker of the House Nancy Pelosi (D-CA) arrives to speak at the 2007 "Take Back America" conference in Washington June 20, 2007. REUTERS/Jim Young (UNITED STATES)
According to Divestterror.org, a citizens group pushing a South Africa-style disinvestment program to discourage companies from doing business in terror countries, Alcatel-Lucent’s investments in terror countries are so extensive that it is included on the organization’s “dirty dozen” list of offending companies. The organization estimates that the company has invested upwards of $300 million in terror sponsoring nations during the past five years.
According to Divestterror.org, Alcatel is aiding Iran’s terrorist activities by providing state controlled companies with data transmission and switching network capabilities. “These contracts have reportedly included the provision of hardware, software, technologies, and training to Iranian companies.” It is also installing an undersea telecommunications cable in Iran.
Prior to his overthrow, Alcatel carried out major fiber optic products for dictator Saddam Hussein in Iraq, despite U.S. government warnings to the French company that the project could advance Iraqi military capabilities.
Alcatel is currently “involved in similar telecommunications projects ranging from upgrading networks to the installation underwater fiber optic cables” in Sudan and Libya.
Criticizing Alcatel, former House Armed Services Committee Chairman and current GOP presidential contender Duncan Hunter (R-Calif.) expressed his worry over Alcatel’s activities in a letter to President Bush. In it, he wrote, “I am concerned about potential transfers of technology or sensitive information to other countries with which Alcatel has business dealings, which have included Burma, China, Iran, North Korea, Sudan and Syria.”
If it were Cheney, there'd be 24-hour coverage and calls for resignation.
Who would a thunk it from this high moralistic Commie. sarc ON On on.
anyone see this arrogant plastic face Pelosi threatening
“we have many arrows in our quiver and we are sharpening them..”
re: further attempts to de-fund our military and our efforts in Iraq ?
Un-fricken-believable.....
Remember, the party of ethics is in power.
LOL
Man, she’s a piece of work. I wonder what her approval ratings are...
Alcatel/Iran Pelosi ping
Article is stretching it as much as I loathe that witch, I owned Lucent stock before the takeover, I hate those mullahs, but I can’t afford to sell at $14.00 - see my point?
SHOULDN’T THIS BE LOOKED AT AS INSIDER TRADING SINCE SHE HAS A CERTAIN AMOUNT OF CONTROL OVER THINGS THE REST OF US DO NOT....
Rasmussen results as of June 12. I wonder if the immigration fiasco will have hurt her since then. House Speaker Nancy Pelosi (D) is viewed favorably by 39% of American voters and unfavorably by 47%. That’s down from a month ago when she was viewed favorably by 47% and unfavorably by 45% Reid of course is at 19% favorable! I am surprised she is so much higher than he is, but there is a 9 point gender gap on her side. One thing you don't hear in the MSM is that Cheney is only one point behind Pelosi in favorable.
LLS
“SHOULDN’T THIS BE LOOKED AT AS INSIDER TRADING SINCE SHE HAS A CERTAIN AMOUNT OF CONTROL OVER THINGS THE REST OF US DO NOT....”
If she were a Republican, that would have been inside the first paragraph!
LLS
SUDAN!!! Even many NE universities including mine have divested of all Sudar-linked investments, but for San Fran Nan Pelosi....NO. Making money off of other’s suffering. Wonder how that tastes to the liberals.
Money uber alles for Pelosi.
I thought while you hold public office all your investing and trading activities are halted.
Libya joined the c of nations and gave up their nukes. Libya is therefore ok.
Isn’t Lucent an ATT spinoff?
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