Posted on 12/16/2021 6:45:42 PM PST by E. Pluribus Unum
House Speaker Nancy Pelosi said members of Congress and their spouses should not be barred from trading individual stocks as part of the STOCK Act, citing a “free market economy.”
During a press briefing on Wednesday, in response to a report from Insider showing that 49 members of Congress (Democrats and Republicans) have failed to disclose their transactions in accordance with Stop Trading on Congressional Knowledge (STOCK) Act of 2012, Pelosi was asked if members of Congress and their spouses should be banned from trading individual stocks, thereby preventing insider trading,
“We’re a free-market economy,” Pelosi explained. “They should be able to participate in that.”
Pelosi did note that members of Congress should be revealing their stock transactions, which would show possible insider trading:
(Excerpt) Read more at breitbart.com ...
She’s never heard of insider trading crimes?
Martha Stewart spent time in prison for a lot less.
Buy the right stock before you announce a pending bill, and you can make a killing. Do this over the course of several years, and you leave a millionaire. Do it over the course of decades, and you join the 1%.
You also have an incentive to pass legislation that favors your portfolio, rather than the overall good of the nation.
Our oligarchy isn't even trying to hide their corruption any more.
A committed Commie Crony Fraud whining about not being able to take non-public information and profit from it. It’s the same as the hysteria over “voting rights” which is code for codified, legal vote fraud forever.
January 6th was horrible, 500+ riots and death were mostly peaceful protests.
It’s the Sovietization of the USA.
She is a wicked, dishonest Marxist.
The skank is so far removed from normal life, she has no concept of impropriety, bribery and conflict of interest.
DC is -hopelessly- corrupt. Trump took a run at it and the entire city mobilized against him. 92% Biden, 5% Trump. DC and the surrounding area is un-American trash.
Surprise, surprise that she would say that given her husband is worth $100 million, most of it made by stock trading. I wonder how much of that was helped along by his wife being in congress?
You can’t fool us, Nancy. You and your cronies have passed laws that prevent you from being prosecuted for Insider Trading. That has nothing to do with a free market and you know it. You also manage to rewrite the Minimum Wage Laws so that American Samoa is not covered by the law. Why did you do that? Could it be that your husband owns a huge interest in a tuna fish packing company there and the exemption saves them tens of millions of dollars in wages? You’re a complete phony when you say you fight for the middle class worker. You are doing everything you can to line your pockets before you get thrown out of office. BTW, how much did blackmail play in getting that office? It sure wasn’t because of any legislation you authored.
🤔
Gordon Gecko was apparently unavailable for comment.
So they trotted her out.
If anyone thinks we are in a truly free market, ...you know...she doesn’t even believe that.
But insider trading is a crime, Nasty.
free money for nanzi
its all good
and dont worry she will do just fine with high inflation
in case you were worried
Martha Stewart to her driver on the dark road near the gated mansion, slowing down: “There she is. That’s Pelosi. Nothing actually physical. Just look and sound menacing. Just put a little scare into the botoxed queen.”
Believed to have net worth of 196.7 million dollars.
First House term taking over from partial term of predecessor Nancy made $89,000 a year.
Shows Ben Franklin’s theories of thrift, saving and taking care of pennies was sound.
https://www.businessinsider.com/congress-stock-act-violations-senate-house-trading-2021-9
Bipartisanship is not dead in DC.
Apple stock is up 600-fold since I sold my shares.
https://www.macrotrends.net/stocks/charts/AAPL/apple/stock-price-history
It’s up 14-fold since 2010.
Apple stock is up about three-fold since the pandemic hit the USA.
https://www.macrotrends.net/stocks/charts/AAPL/apple/stock-price-history
The $1400 stimulus checks I believe are just about the right amount for an iPhone.
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