I too wonder why "Nancy Pelosi" has become basically synonymous with Congress insider trading when she's not even close to the top of the list among congresspeople.
I too wonder why "Nancy Pelosi" has become basically synonymous with Congress insider trading when she's not even close to the top of the list among congresspeople.
You really need to wonder?
The 10 best performing historical congress people stocks are all republican,a ll men, all funded by lobbys like heritage foundation...
But the face of insider trading becomes a democrat and a woman
Its sooo diffcult to guess why it happened
You’re going to make this a gender and party issue huh? Surprised skin color wasn’t brought up too. Yep, we deserve what we get.
What other reason is there for an otherwise unremarkable character to become the public face of the issue for years?
Chuck Schumer is the whip of the party, as mentioned she isnt even top 10 in performance, her party didnt legalise the activity, other members are aggresive in their pursuit of insider trading information (MTG was part of the most committees during her tenure, but she skipped almost all votes after that, she just wanted the scoop adn then bolted) ...
So why her?
The most common excuse is "well people demand more of dems because everyone knows republicans are crooks", which doesnt explain why more senior leaders, ex presidents etc are the ones hounded instead of her.
how ever surveys by lobbys like the ones owned by the Koch brothers show which politicians people find unlikeable. Unsurprsingly many are unremarkable women, just like Nancy, which makes them easy targets for public campaigns in favour or against.
If you name the most talked about politicans of the past 20 years, outside of the pres (Obama, Biden, Trump) you get mostly women (Sarah Palin, Kamala Harris, Nancy Pelosi, AOC, MTG, Kristi Noem, Laurent Bobert) that is not a coincidence and it explains why no one could pick Schumer, who is senior leadership, in a police line up but can tell you the many dogs Kristi killed
> But the face of insider trading becomes a democrat and a woman
It’s hardly her face. After so much plastic surgery, it’s arguable it’s not even her own anymore.
Be kind. Don't be snarky. Converse curiously; don't cross-examine. Edit out swipes.
Comments should get more thoughtful and substantive, not less, as a topic gets more divisive.
Because of the Nvidia trade just before the CHIPS act passed.
Which is ridiculous because the entire thing was largely fabricated by the media for those juicy clicks. It was a "half truth" story that hinged on the public's general ignorance of derivatives trading.
While she acquired Nvdia shares days before the bill passed, it was entirely coincidental, because she had put in for those shares over a year prior. Craziest of all, which the media would never fucking say, is that she lost money on the trade.
Nancy Pelosi's most infamous insider trade is one she lost money on. It's one of the core stories I use as an example of how shamelessly misleading the media is. Destroying the country for ad views.
Sexism will play a role, but a big part of the reason why Pelosi gets so much flak is that she did nothing to stop it when the democrats were in charge, thus directly paving the way to the current shitshow.