Venture capitalist Paul Pelosi is making some big moves on the stock market these days, now that his wife Nancy is back in charge of the House of Representatives. Maybe he’s just one of those really smart gamblers!
Not to worry, though. Fox News talked to some other Democrats in Congress, and they all say that Paul and Nancy Pelosi aren’t doing anything that is actually “insider trading” or that might be construed as violations of the congressional STOCK Act. Phew!
And if you want to suggest that Nancy Pelosi is allegedly a crook, you should be warned that she is expanding her own creepy political police force and she’ll send them to your house to investigate you as an extremist for bothering her.
Note: Nothing that you read in this article should be construed as investment advice. We are not financial investment advisors. In addition, since you are not married to the Speaker of the House, we’re pretty sure that you would go to federal prison if you tried to pull any of the crap described here.
Since it hasn’t gotten much coverage in the media this year, here’s a refresher on Paul Pelosi’s investments since his wife became Speaker of the House.
Back in January, Paul Pelosi bought a million dollars’ worth of stock in Tesla. In a wildly lucky coincidence, just one week later, Joe Biden announced that his regime and the Democrat-controlled Congress would be offering new federal incentives to electric carmakers like Tesla. Imagine Paul Pelosi’s delight and surprise when Tesla’s stock priced jumped!
In March of this year, Paul Pelosi suddenly bought $2 million in Microsoft stock. Just two weeks later, Microsoft secured a multi-billion-dollar contract with the Pentagon to build “augmented reality headsets” for the Army. Obviously, Microsoft’s share price jumped when that announcement was made. Know what else jumped? Nancy Pelosi’s husband jumped with joy! Another lucky investment just so happened to pay off a few moments after he bought those stocks.
Now that we’re into the summer months, a Democrat-controlled House committee is taking up legislation to rein in the powers of Big Tech companies like Apple, Amazon and Alphabet (parent company of Google & YouTube). There will obviously be frenzied reporting on this, and the result will be that those three companies’ stock prices are going to fall.
According to financial disclosures that Paul Pelosi is required to make, we know that he just purchased “call options” on those three companies, to the tune of $6 million. Hmmm…
A “call option” is basically an authorization to buy a stock when it hits a certain price. From Paul Pelosi’s July 2nd filings, we know what he’ll be purchasing if those three stocks fall to a certain level. Apple is trading at $144 a share today, and Paul Pelosi’s call option means he’ll be buying Apple if the price drops to $100 a share (which is a real likelihood after these hearings start). Amazon is trading at about $3,700 a share today, and Pelosi will purchase shares if it drops to $3,000 a share. And Alphabet/Google is trading at around $2,500 today, with Paul Pelosi buying in if the shares drop to $1,200 a share.
In other words, Paul Pelosi has moved to “buy the dip” if stocks in those companies tank after the hearings begin. Why is he doing this? A cynical person might think that Paul Pelosi has some insider information. If the legislation in the House were to drag on a for a few months and then suddenly end up not passing, those tech company stock prices would jump back up. And that, of course, would result in big bags of cash profits for Nancy Pelosi’s husband.
What? You didn’t believe that the Democrats in Congress actually wanted to rein in the Big Tech companies, did you?
Meanwhile, Nancy Pelosi has announced yet another creepy authoritarian move to crack down on people who criticize her. She’s expanding the Capitol Police force by opening up “satellite offices” in Florida and California. Huh?
You might have thought that the Capitol Police would primarily be stationed at, you know… the US Capitol. But Pelosi says she needs even more help hunting down the dangerous January 6 insurrectionists. You might also think that we already have an FBI, a DEA, a US Marshal Service, a Department of Homeland Security, an NSA, a Secret Service, and a bunch of other federal law enforcement agencies to harass Trump supporters. But Pelosi says that’s not enough.
So, don’t criticize the Pelosi family for what looks like shady insider trading. Otherwise you might soon get a knock at your door from Nancy Pelosi’s expanding Capitol Police force.
Funny how Pelosi keeps breaking the law and nothing happens… Why is it OK for her and her family to prosper from insider information and they put Martha Stewart in prison for the same reason… Maybe they should get a panel of Republicans to investigate into this a little bit deeper…
We all know that both of them should be in prison. If they were Republican they would be, but we just keep letting the POS Democrats get away with everything.
That is the problem when you have people in power who can use that power to steal your tax money. In addition to Pelosi manipulating the stock market they also control their salaries and all other perks such as a congressional dining room, travel junkets all over the world complete medical care for life not just necessary medical care. Now we are going to pay for her goon squad to enforce whatever she wishes if you piss her off. No wonder she clings to being Speaker of the House. How does she hang on to that position? When she was younger she was quite the hottie so probably provided sexual favors Now that she is scary ugly she must have the means to use those activities blackmail
The problem too many Republicans are not much better. The government consistently goes after private enterprise. We have to stop expecting government to fix itself. government had made exemptions so that it can practice insider trading.
They are above the rules they place on us,
Must place on ballot: Congress receives Social security . no other retirement. Congress receives Obama Care, no other health insurance. The FBI ,now politized, must be disbanded and replaced with new agency, same with CIA. , NSA. The border is too be patrolled by gold Star people and anyone with a family member who was hurt by immigrant criminal. Citizen only to vote. Increase in taxes to be approved by people in special election or at time of general elections. social security to be in locked account, to be used only for Soc. Sec., no other reason, no IOUs. If minimum wage can be imposed, maximum salary can be imposed. CEOs, CFOs can only make so much more in% of lowest paid employee. Only people allowed to lobby are the individual citizens, no big business, foreign Gov. lobbying. For a Big business or Foreign government to lobby would be classified as bribe and criminal. Oh this is so radical, but the only thing that will keep the crooks inline. Good Luck.
Like George Carlin stated, “It’s all one big club and we’re not in it.”
This is not Paul Pelosi one of those really smart players, this is his wife Nancy Pelosi – the Speaker of the House of Representatives, truly one of the most thieving and corrupt players in all of Congress.
And that’s just what Trump was all about ” draining the swamp ” they get a great pay with all the amenities health care , dental , vision , all paid for by us , and the kickbacks are astronomical . Passing bills gets them paid . This is an atrocities of government gone bad , the joke is you don’t have any say ! I’m sure Romney and Chaney are in shit deep . It’s why they went against the Donald .
The truth of these market moves may be truly unknown, but it is not the first suspicious thing that Pelosi has done. Her husband is a somewhat successful businessman and doesn’t need any insider help to get richer. He, I suppose, will figure out a way to avoid the taxes that Biden would put on people making more than 400K per year!
So: – how much richer speaker Pelosi becomes, the people of America become so much poorer – the principle of socialism: – first take away, then divide. Because the principle of capitalism: first to add, and then also to multiply in America ceases to work.