WHAT A COINCIDENCE … THE CORRUPTION OF THE POLITICAL CLASS AND INSIDER TRADING.
From the Washington Free Beacon, imagine that, House Democratic Leader Nancy Pelosi’s husband, Paul Pelosi, bought up to a quarter million dollars of stock in a now financially troubled green energy company just weeks before it announced a major 2014 acquisition that sent stock prices soaring, public records show. But of course there ws no insider taring here. These people tell us how to live and decide how to spend our money, yet they are allowed to conduct themselves in the most corrupt ways ever and nothing ever happens to them.
House Democratic Leader Nancy Pelosi’s husband bought up to a quarter million dollars of stock in a now financially troubled green energy company just weeks before it announced a major 2014 acquisition that sent stock prices soaring, public records show.
SunEdison told regulators last week that it is eyeing bankruptcy under the weight of $11.7 million in debt. But in late 2014, investors were bullish on the company, which manufactures and operates solar and wind power facilities.
Its 2014 purchase of wind energy company First Wind “further bolstered the reputation of the company,” wrote one market-watcher at the time. “Perhaps unsurprisingly, SunEdison’s stock soared an astounding 29% on news of this acquisition alone.”
Pelosi’s husband, Paul Pelosi, had invested just in time. He bought between $100,000 and $250,000 in SunEdison stock on Oct. 24, 2014, according to congressional financial disclosures. The company announced its First Wind acquisition on Nov. 17.
Pelosi’s office did not respond to questions about the timing of the purchase and whether she or her husband had any advance knowledge of the deal.
And the politically corrupt with the inside information just get richer and richer.
Pelosi has previously been accused of trading stock based on information gleaned through her official duties. She participated in Visa’s initial public offering as the company fought a House bill to subject credit card companies to increased regulation. The measure failed to pass.
A law passed in the wake of that controversy prohibits members of Congress from using nonpublic information for personal gain. Language in that measure was informally dubbed the “Pelosi Provision.”
In addition to her stock trades, Pelosi steered more than $1 billion in federal subsidies to a light rail project that likely improved the value of the San Francisco headquarters of cloud computing company Salesforce, in which her husband had invested up to $1 million.
DONALD TRUMP SAID WHAT!!!
Donald Trump in an MSNBC interview that he gets along with three of the most vile Democrats out there, Nancy Pelosi, Harry Reid and Chucky Schumer. Trump then went on to say that he would work with Democrats. WHAT!!! Dude, if elected you are about to be handed the presidency with a GOP controlled House and Senate, and you are going to be working with Democrats? Sorry, but the only way we are ever going to be able to fix this country is do nothing what Pelosi, Reid and Schumer want. It is their polices and Obama’s that have been driven down our throats without our buy in that have caused the damage.
“I always had a great relationship with Harry Reid. And frankly, if I weren’t running for office I’d be able to deal with her [Pelosi], I’d be able to deal with Reid, I’d be able to deal with anybody.”
People better take a good listen to what this man is saying before the vote. He has only praise for these three shrill Democrats but can say nothing good about his Republican presidential contenders?
“I think I’m going to be able to get along with Pelosi — I’ve always had a good relationship with Nancy Pelosi,” Trump said Tuesday on MSNBC’s “Morning Joe,” referring to the House minority leader.
“Reid’s going to be gone. I’ve always had a decent relationship with Reid,” Trump said, referring to Harry Reid (D-Nev.), the Senate minority leader. “I always had a great relationship with Harry Reid.”
Trump said he thought he’d get along with “just about everybody,” including Sen. Chuck Schumer (D-N.Y.), likely to be the next Senate Democratic leader, who Trump said he was “close to … in many in ways.”
The real estate mogul is targeting GOP rival Ted Cruz, against whom Trump is running neck and neck in Iowa a week out from the state’s caucuses. Trump argues that the Texas senator won’t work with others in Congress and that while both candidates have positioned themselves as political outsiders, Trump argues even Republicans don’t want Cruz.
“He is a guy that nobody likes and nobody trusts,” Trump said on MSNBC before reiterating that Cruz “is a nasty guy, he says things that are very nasty, so I have to be nastier than him and it’s just one of those things.”
“I’ve been in politics all my life, I’ve been dealing with politicians all my life,” Trump said of whether he would have any friends in Congress.
Democrat House Minority Leader Nancy Pelosi Says, Even Memebers of Congress Live Paycheck to Paycheck … WHAT!!!
COULD ANYONE BE MORE OUT OF TOUCH WITH THE AMERICAN PEOPLE THAN NANCY PELOSI, OTHER THAN BARACK OBAMA?
The delusional Democrat House Minority Leader Nancy Pelosi said the following at a Capitol Hill press conference on Thursday in the run up to impending battle and vote on Capitol Hill over Department of Homeland Security funding, “I don’t know about you, but I think almost everybody I know cannot live without having our paycheck on time — members of Congress, even.” WHAT!!! Some one better call Pelosi a WAHmbulance.
SanFran Nan said, “but I think almost everybody I know cannot live without having our paycheck on time”. Who is she kidding, who is the “EVERYBODY” that Pelosi knows who goes paycheck to paycheck? Pelosi would not be caught dead hanging around the common folk who live paycheck to paycheck. Pelosi, or her ilk would not know in the slightest what it means to struggle. Oh, is she having to do without an extra Botox treatment these days? Pelosi ranks at number 14 in CQ/Roll Call’s list of wealthiest members of Congress, with a net worth of around $29 million. I am so sure she hangs around the common folk who live paycheck to paycheck. Of course Pelosi gets more because she has a ranking position in the House.
Pelosi’s minimum net worth in 2013 was slightly more than $29 million, a few million more than what she reported in 2012.
The boost in the House minority leader’s personal finances is, in part, attributable to stock investments associated with her husband that grew significantly over the course of a year. Paul Pelosi’s investment in Comcast, for instance, doubled between 2012 and 2013, from at least $250,000 to at least $500,000. Meanwhile, his stake in a real estate development project in Sacramento, Calif., skyrocketed from at least $1 million to at least $5 million.
Lawmakers are strapped for cash like ordinary “We the People” American folks? Get bent Nancy. Pelosi needs to retire. This might be one of the most embarrassing comments she has ever made, and trust me, she has made many. Let us never forget the infamous, “we must pass the bill in order to find out what s in it.”
A member of Congress makes $174,000, meanwhile an average American makes $55,424 and many others who live paycheck to paycheck make much less than the average. As Melissa Francis from the Fox Business Network said on this morning’s Bulls& Bears, “they have no idea what it is like to live in an average household and trying to compare themselves is disingenuous, pathetic and disgusting.” BINGO!!!
Another one of the Bulls & Bears nailed it … “Congress should be responsible when dealing with the affairs of whether it is DHS or whether its shutting down the government, everybody expects a paycheck.” Then comes the money quote … “The problem is that Congress is so out of touch, so out of touch with everyday Americans, they don’t even know how to speak to everyday Americans on behalf of everyday Americans. When you are running for Congress the average campaign is 2 million, 1.5 million. Who’s is going to be able to raise that kind of money, rich people. That is why we have a bunch of rich Congressman.”
Check out how the median income for families in the United States has gone backwards as adjusted for inflation.
How sad and pathetic is this that we have an elite class of rich people in charge? Guess what, America you are to blame. This is hardly what our Founding Fathers ever envisioned. You have elected and continue to reelect US Representatives and Senators that are so out of touch and do not represent you in any shape, matter or form. My personal believe is that Congresses pay should be tied to the average pay scale for Americans and then raised 10% or 20%, not the over 300% it currently is. This way there will be no incentive for “forever” politicians and it will not be a lifetime job. Also, their pension needs to be nixed completely.
VIDEO via Fox News, Bulls & Bears
Nancy Pelosi Claims She Does Not Know Who Jonathan Gruber Is … FLASHBACK to 2009, Pelosi Touted Gruber’s Work
GRUBER-GATE CONTINUES: NANCY PELOSI, A SENIOR MOMENT? HARDLY, JUST MORE LIES FROM DEMOCRATS …
Embarrassed Democrats try to distance themselves from Jonathon Gruber … House Minority Leader Nancy Pelosi (D-CA) said Thursday that, not only did Jonathan Gruber not play a significant role in drafting Obamacare, but that she doesn’t even “know who he is.” Really San Fran Nan, is that your final answer? I feel like I am watching the game show ‘Who Wants to be a
Millionaire, LYING DEMOCRAT.’ But of course it would appear that Peosi is trying to “gruber” the American people as she thinks we are stupid too. Has she learned nothing about this invention called video tape and the Internet? In 2009 at the height of the Obamacare debate, Nancy Pelosi, then Speaker of the House, touted Gruber’s work with Obamacare. Which begs the question, does Pelosi need to pass Gruber in order to find out who he is?
Is anyone capable of telling the truth in the Democrat party?
But wait Nancy, there is VIDEO of you to commenting on Gruber’s work. Note to Nancy, when one is the architect of Obamacare and is paid nearly $400,000 as a consultant, they did write the bill. In the wake of Gruber-gate, Democrats are proving Jonathon Gruber correct that they think that Americans are stupid. Pelosi would give such a ridiculous, flipped remark that she does not know who he is when she obviously did. It gets better America, Pelosi’s office came back to correct her misspeak by saying … the minority leader meant that she didn’t know Gruber personally. Too bad that is not what she said, Pelosi said, “She said she doesn’t ‘know who he is,’ not that she’s never heard of him. But what else would you expect from Democrats who think you are stupid.
Q: As you know, the Republicans released their health- care bill this week. And I wanted to get your comment on the bill, and specifically on the CBO analysis that it would cost significantly less than the Democratic plan and that it would lower premiums.
PELOSI: Let me just say this. Anything you need to know about the difference between the Democratic bill and the Republican bill is that the Republicans do not end the health insurance companies’ discrimination against people with preexisting conditions. They let that stand. That’s scandalous, the fact that it exists. I don’t understand why they have not heard the American people, who have said preexisting conditions should not be a source of discrimination.
And secondly, the Republican plan ensures about 3 million more people than now, and ours does 36 million people. So that’s a very big difference in that.
We’re not finished getting all of our reports back from CBO, but we’ll have a side by side to compare. But our bill brings down rates. I don’t know if you have seen Jonathan Gruber of MIT’s analysis of what the comparison is to the status quo versus what will happen in our bill for those who seek insurance within the exchange. And our bill takes down those costs, even some now, and much less preventing the upward spiral.
So again, we’re confident about what we set out to do in the bill: middle class affordability, security for our seniors, and accountability to our children.
Health Insurance Reform Mythbuster – ‘Health Reform And Insurance Premiums’
Opponents of health insurance reform continue to spread myths about the recently-passed Affordable Health Care for America Act. For example, they are claiming that health reform would increase premiums for most of America’s families. But the facts continue to knock these myths down—including a brand-new report from the independent Congressional Budget Office.
MYTH: The House health insurance reform bill would result in higher premiums.
FACT: An analysis of the House bill by noted MIT health care economist Jonathan Gruber concludes that the bill would result in lower premiums than under current law for the millions of Americans using the newly-established Health Insurance Exchange – including those who are not receiving affordability credits to help them purchase coverage. (The Health Insurance Exchange is for those without access to affordable employer-sponsored coverage.) As Gruber states: “the premiums that individuals will face in the new exchanges established by this legislation are … considerably lower than what they would face in the non-group insurance market [under current law], due to the market reforms put in place by the House plan, the mandate on individuals to participate regardless of health, and the market economies of new exchanges.”
- The Gruber analysis shows that, on the Exchange, a family at 425 percent of poverty (whose income of $93,710 means that they would receive no affordability credits) would see their premiums reduced by $1,260 or 12 percent compared to current law. Similarly, the Gruber analysis shows that, on the Exchange, an individual at 425 percent of poverty (whose income of $46,030 means that they would receive no affordability credits) would see their premiums reduced by $470 or 12 percent.
- The annual savings are much larger for lower income populations that receive affordability credits. Under the House bill, when the bill’s affordability credits are taken into account, a family at 275% of poverty (income of $60,640) would save $5,030, or 47 percent in premiums compared to current law and a family at 175 percent of poverty (income of $38,590) would save $9,050 or 84 percent in premiums compared to current law.
- Gruber also points out that, even as individuals and families on the Exchange are paying less, they will be getting more:
- The coverage those on the Exchange get under the House plan would be better than today’s typical coverage in the non-group market.
- For example, it would protect individuals and families from high out-of-pocket costs.
- That’s in addition to other consumer protections in the bill – like ending discrimination based on pre-existing conditions and guaranteeing that your coverage won’t be dropped or watered down when you get sick or need it most.
Nancy Pelosi To Bill Maher ‘Civilization as We Know It Would Be in Jeopardy’ if Republicans Win the Senate
WOW Really San Fran Nan, ‘Civilization as We Know It Would Be in Jeopardy’ if Republicans Win the Senate? Sadly this delusional fool believes that.
It is hard to believe that this crazoid was the Speaker of the House. From all of the deranged comments that came out of her mouth during the interview was the following, “Fear is a motivator, and we are not fear-mongers. The Democrats are messengers of hope, and that’s what we will continue to be.” HOPE and not FEAR MONGERS? Far from it toots. Your message of hope is one of making individuals dependent upon a federal government and forever being subjugated to it.
On the one hand, California U.S. Rep. Nancy Pelosi claims that Democrats are not “fear-mongers;” on the other hand, she believes civilization is doomed if Republicans take control of the Senate from Democrats in November.
The former speaker of the House made those dramatic, incongruous statements on “Real Time with Bill Maher,” which aired live from Washington, D.C. Friday.
Maher asked Pelosi about recent polling which shows that the GOP is likely to take over the upper chamber and asked, given gridlock in Washingon, why it matters that Democrats keep control.
“It would be very important for the Democrats to retain control of the Senate,” Pelosi told Maher. “Civilization as we know it today would be in jeopardy if the Republicans win the Senate.”