What will happen when the House votes next week on legislation that directly affects the stock value of Nvidia? You don’t know. I don’t know. That’s what makes the stock market work. But you know who DOES know?
THE PEOPLE DOING THE VOTING.
And especially the ol’ gal in charge, Nancy Pelosi, whose husband bought $5 million in futures ahead of the vote. It’s almost like he knows something you don’t, ain’t it?
Here’s more from New York Post.
Paul Pelosi purchased on June 17, 20,000 shares of Nvidia, a top semiconductor company, worth between $1 million and $5 million, the Daily Caller reported, citing disclosure reports filed by the House speaker.
Senators are expected to convene as early as Tuesday to vote on a bipartisan competition bill to set aside $52 billion to boost domestic semiconductor manufacturing and give tax credits for production, Reuters reported.
“It certainly raises the specter that Paul Pelosi could have access to some insider legislative information,” Craig Holman, a government affairs lobbyist for the left-wing think tank Public Citizen, told the Daily Caller News Foundation. “This is the reason why there is a stock trading app that exclusively monitors Paul’s trading activity and then its followers do likewise.”
Like Ned Ryun says, they do this all the time, and the Pelosis in particular are rich as hell from it.
That’s what Democrats do. They enrich themselves at your expense. And they preach about socialism.
It’s the world’s most lucrative grift.