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Americans Are Being Sold Out by Government Insiders

Insider Trading and Politics: Profiting Politicians ...

The Washington D.C. wheeler-dealers are making patsies out of the rest of us.

Members of Congress get million-dollar-plus expense accounts, lifetime pensions and lavish perks, but for the greedy, that's not enough. They're also racking up big bucks trading stocks in the very same companies Congress regulates.

Stock picking by members of Congress should be illegal because they have an unfair edge over the rest of us. They're privy to the regulatory burdens or legal changes these companies are likely to face. And top leaders, such as House Speaker Nancy Pelosi, actually control what's ahead for these companies.

That control is like gold. Pelosi and her husband, venture capitalist Paul Pelosi, report trading tens of millions of dollars of assets a year, largely in Big Tech. The Nancy Pelosi Portfolio Tracker, based on these reported trades, estimates the couple is outperforming Wall Street titans such as Warren Buffett. Fox Business's Larry Kudlow marvels that the Pelosis bested the S&P 500 by nearly 15% in 2020. All the while, she's tamping down demands to regulate Big Tech.

Members of Congress are not the only ones double dealing. On Jan. 14, Federal Reserve Vice Chair Richard Clarida stepped down, following resignations of both the Dallas and Boston Fed chiefs. They're in trouble for trading stocks and mortgage-backed securities while making Fed policies that impacted those markets.

A Wall Street Journal investigation finds some federal judges also climbing aboard the stock picking gravy train. Sixty-one federal judges actually traded a company's stock while the company was a litigant in their courtroom.

read more:

https://townhall.com/columnists/betsymccaughey/2022/01/19/americans-are-being-sold-out-by-government-insiders-n2602025

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  • Ilona, the Tiger never concerns itself with the flea. Trump brought amazing hope and recovery to America and its Citizens with little to no help on his side, only sheer determination. We were even "Energy Independent." No one, no group or States could have manipulated the vote for Biden if those who were backing Trump had not become so slack in their due diligence assuring "Valid Votes." Now those who cast the most stones at Trump, do so to hide their own culpability in deserting their Posts, leaving him alone to face defeat. In their own ways they are far worse than the Progressive Socialist Democrats. They, at least have some belief in what they are doing.

    Lynn Bryant DeSpain

  • Ilona, They will fight to the death to what end? Who and what would be left to pay the Taxes for the Parasites to continue living? A sound suggestion is to focus all energies and efforts of winning November's Elections, then n the Impeachment and Treason Trial can begin. 

    Lynn Bryant DeSpain

    • November is it for now, hopefully people will not be foolish to split the vote and undermine a win for republicans. 
      Somwhere people need to get through their head we have two parties, like it or not.......so they need to pick one and stop the nonsense about civil war, revolutionary war, etc. We are all angry, worried, afraid for out country, but a war with the government is just a death wish, no good can come from it. 

  • All Political Parties are inherently dangerous, as they believe the Citizens work for them, and their wants and needs.

    Lynn Bryant DeSpain

  • The gop establishment is more dangerous than the devildemocommiecrats because they use stealth rather than in-your-face tactics against We the People!!!!!!!!!!!

    • What is your solution Bob? Let's hear what we need to do so you stop all this constant negativity that is getting repetitive and tireing.

  • It is not up to the GOP or any Political Party to "Fix" anything. It is now, and always has been up to "Us, The Sovereign Citizen." They are our employees. When they mess up, the fault alone is ours!

    Lynn Bryant DeSpain 

    • You are trying to reason with a set mind......same thing over and over again, gets old.

    • Lynn, I have voted for gop candidates based on promises they made but immediately betrayed us by lying to get elected when they knew they would betray us as soon as they got our votes, never intending to fulfill their promises!!!!!!!!!!!

       

  • This reply was deleted.
    •  Do you think he picked up on the crowd reaction? I bet he did!

      If anyone ever listened to the people that was Trump. I know you could have done more and better if you were in the WH......and I think you should run. A non politician won before, it can happen again, save this country since you are so clear on what needs to be done., and all the mistakes Trump made.
       There is no hero worship, if that is what you are getting out of how the people support him, no wonder you are against the guy.

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