• hatorade@lemmy.world
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    1 day ago

    The entire party? No.

    Her? Yes. Inside trading is illegal, and all of Congress gets away with it

    • finitebanjo@lemmy.world
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      1 day ago

      What insider trade did she make? Because of legislation she helped pass, all of her husband’s trades are public, go find one.

            • finitebanjo@lemmy.world
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              20 hours ago

              Let’s look at it, then!

              Pelosi’s stock trading controversy first entered the spotlight in 2011. That year, a 60 Minutes investigative report exposed how members of Congress (including Pelosi) might be profiting from insider knowledge

              One example was a March 2008 stock purchase by the Pelosis. They got a special allocation of 5,000 shares of Visa at its IPO price of $44, at the very same time Congress was considering legislation that would have hit credit card companies’ profits.

              Just two days later, Visa’s stock price jumped to $64, netting a quick gain, and notably, the credit card regulation bill never made it to a vote in the House. This revelation, that powerful lawmakers could access hot stock deals while overseeing related legislation, didn’t sit well with the public.

              Except it did make it to vote, and Pelosi voted to pass the new regulations.

              The Credit Cardholders Bill of Rights in September 2008 passed both chambers in 2009 and was signed by President Obama. Pelosi voted to pass it.

              Also of note is that VISA met directly with Paul Pelosi at his brokerage and never with Nancy.

              Do you need me to present that in article form? I’m sure seeing me think for myself must seem entirely foreign to you.

              • Ace T'Ken@lemmy.ca
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                19 hours ago

                So then logically, she voted with her party after her husband both purchased and later sold stock at the exact correct times (by your own admission) to profit off things both coming and going.

                And all of the rest of those listings are all… Just lucky. Over and over again.

                And somehow, even without those listings, the performance of her portfolio is… Just a coincidence and shrewd trading at a level that outperforms everyone else thousands of times over.

                Got it.

                But yeah, everyone else is easily fooled by Trump somehow. In 2011. Where the investigation was carried out by 60 Minutes for some reason.

                Brilliant deductive work.

                This is some MAGA-level bending yourself into knots to suck yourself off.

                • hatorade@lemmy.world
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                  17 hours ago

                  This is some MAGA-level bending yourself into knots to suck yourself off.

                  Welcome to Banjo, he is Blue MAGA. Pelosi can’t do any wrong, woke leftists Russian backed leftists lied. Support my party or you’re UNAMERICAN!

                • finitebanjo@lemmy.world
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                  18 hours ago

                  Selling a stock after holding it for exactly two days hardly constitutes a conspiracy, you’re really grasping at straws with your “exact right time” assumption. You would have an easier time claiming VISA manipulated prices to make a bribe, but at the end of the day Nancy Pelosi voted and passed laws against monied interests.

                  • Ace T'Ken@lemmy.ca
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                    18 hours ago

                    So then yes to everything I said before then. Yes it was all a coincidence. Yes it was sold at exactly the right time after purchasing it exactly the right point in a VERY tight period of time. Totally out of the blue. Several hundred times given her stock portfolio.

                    Listen, if you’re not even going to pretend to be believable, then I don’t think we need to continue this.