Saturday, September 11, 2021

How politicians make millions

Speaker of the House Nancy Pelosi’s wealth has increased from $41 million to nearly $115 million since 2004
   
At issue isn’t the fact that politicians are multimillionaires; rather, as noted on a recent Twitter thread by Pulitzer Prize winning journalist Glenn Greenwald, it’s how they made their millions 


In the last two years, nearly 75% of Pelosi’s stock trades have involved Big Tech stocks, totaling over $33 million in trading
   
The trading has occurred as major legislation was proposed, controlled by the Committees Pelosi oversees, that could reshape the future of the industry
   
Pelosi's five most-traded stocks in the last two years — Apple, Microsoft, Facebook, Amazon and Google — were those that stood to be most affected by pending legislation
   
The system is corrupt, with most politicians not fighting for the public but, rather, looking out for their own self-interest and wealth accumulation

Read the full analysis by Dr. Mercola

 

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