New in PJ Media:
Did former House Speaker (man, that was fun to write) Nancy Pelosi (D-Absolut) know something to which ordinary mortals were not privy? It sure seems that way, and not for the first time, either: according to a Wednesday report in the Washington Free Beacon, Pelosi and her husband (you know, Pauly the Hammer) “sold up to $3 million in shares of Google in recent weeks—just before the Biden Justice Department launched an antitrust probe of the tech giant.” Wow, what an amazing coincidence! Nancy and Paul Pelosi must be the savviest stock traders in history, right? Or could there possibly be an alternative explanation?
The Free Beacon reported that “Paul Pelosi sold 30,000 shares of Google from Dec. 20 to Dec. 28, according to a financial disclosure filing the former House speaker submitted to the House Ethics Committee. The Pelosis made an undisclosed profit from the investments, according to the filing.” Why did the Pelosis choose that particular time to offload these Google shares? Did they have some knowledge of something that would cause Google’s stock to decline in value? Or are they just economic wizards who divined somehow that it would be a good time to make a bit of money selling Google stock?
After all, Nancy Pelosi’s net worth is $135 million. The annual salary of the speaker of the House is $210,000, so even though Pelosi has been in the House since Ronald Reagan called upon Mikhail Gorbachev to tear down the Berlin Wall, there is no amount of frugality and pinching pennies till they scream that would account for that fortune on her salary alone. Apparently, Nancy and the Hammer have mastered the intricacies of stock trading to a degree that would make the most seasoned Wall Street trader slack-jawed with awe. Do they ever make a stock trade that proved to be ill-advised and loses them money? If such a thing ever happens, clearly it’s vanishingly rare.
So why don’t the Pelosis start a stock-trading clinic and share their secrets with others so that the rest of the world can benefit from their remarkable acumen? Well, maybe there’s another reason why they’ve gotten so rich. Maybe they’re just amazingly lucky. Maybe Nancy Pelosi can read tea leaves. Or maybe, just maybe, she and Pauly the Hammer have profited from the insider knowledge to which she has had access as a congresswoman and speaker of the House in order to enrich themselves. Surely the Pelosis, whom everyone knows are as honest and upright as the Bidens, wouldn’t do that, would they?
There is more. Read the rest here.
