THE REAL REASON AMERICAN POLITICIANS ARE SO WEALTHY

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THE REAL REASON AMERICAN POLITICIANS ARE SO WEALTHY

Kickbacks. Book deals. Speaking engagements. Base salaries. Clever stock deals. Insider info. Financially favorable legislation. Could wealth amongst United States' politicians — a kind of Romanesque neo-patrician class – have such obvious causes? Or, are such reasons only the bitterness of the American public spun into slander? Or, is it the case that certain offices all but require immense wealth even to run, thereby limiting top contenders to those who already have money? Historical Index, for instance, cites $50 to $100 million needed just for a modern presidential candidate to win in the primaries. Open Secrets cites a ludicrous figure of $14.4 billion spent during the 2020 presidential election.

Read More: https://www.grunge.com/1416640/real-reason-american-politicians-wealthy/
 
searcher said:
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Kickbacks. Book deals. Speaking engagements. Base salaries. [Clever stock deals. Insider info.] Financially favorable legislation. ...
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No (small potatos). No. No. No. ["Clever"? lulz It's insider trading - Yes]. Yes (aka sweetheart deals, influence peddling and graft).

$.02
 


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Members of Congress are required to disclose their personal finances through financial disclosure procedures. Financial disclosure forms are filed annually and every time they or their families make a trade. These forms are made available to the public through the Office of the Clerk of the House of Representatives and the Office of the Secretary of the Senate. These forms are a key tool for promoting ethical conduct in Congress and are an important part of efforts to promote integrity and transparency in the legislative process.

This report analyzes data obtained from publicly accessible financial disclosure forms. We tried to compile all transactions published from 2020 to December 31, 2023. Politicians have up to 45 days to disclose transactions, though there are cases where transactions are filed years later with seemingly no penalty. This delay means that at the time of compiling this report, not all disclosures for 2023 may have been published.

We’ve been doing this report for four years now and we’ve accumulated a lot of data. This year, we’ll comment on trading trends over the last couple years. ...
Click to expand...

More:

The Unusual Whales Congress Trading Report for 2023

Congress has beaten the markets once again in 2023. We've explored numerous ways on how Congress traded, their trends, as well as the most unusual of trades. Read it now to see how Congress beats the market and performs with conflicts, privy information, and power over laws that benefit them.
unusualwhales.com unusualwhales.com
 
Ten percent for "the big guy" adds up after a while. ;)



Absolutely zero reason for China, Russia, and Ukraine to have been showering Hunter with tens of millions. He's a washed up crack addict with no perceptible skills.

It was influence peddling, pure and simple. That's the only thing he had to offer. If our disgraced Justice Department weren't in on it, they would have no problem locking them both up for the rest of their lives.
 
Congress uses the financial markets to directly supplement their salaries and information to get votes.
 

The Morbidly Rich Have a Vision for the U.S.? A Blueprint Exists!​

Jan 8, 2024


10:46
 

Nancy Pelosi Made $500,000 From Her Nvidia (NASDAQ: NVDA) Bet, Doubling Her Annual Government Salary In Just 2 Months​


U.S. Rep. Nancy Pelosi, D-California, has achieved significant financial gains from her recent investment in Nvidia Corp. (NASDAQ:NVDA), a prominent company in artificial intelligence (AI) and semiconductors. On Nov. 22, Pelosi acquired 50 call options for Nvidia with a strike price of $120, expiring on Dec. 20, 2024. The transaction value ranged between $1 million and $5 million.

As of early 2024, Pelosi has reportedly made nearly $500,000 from this investment, surpassing her annual government salary of approximately $223,500. This gain is attributed to Nvidia’s stock performance, which has seen an increase of over 21% in value since Pelosi’s acquisition, according to Finbold.

More:

finance.yahoo.com

Nancy Pelosi Made $500,000 From Her Nvidia (NASDAQ: NVDA) Bet, Doubling Her Annual Government Salary In Just 2 Months

U.S. Rep. Nancy Pelosi, D-California, has achieved significant financial gains from her recent investment in Nvidia Corp. (NASDAQ:NVDA), a prominent company in artificial intelligence (AI) and semiconductors. On Nov. 22, Pelosi acquired 50 call options for Nvidia with a strike price of $120...
finance.yahoo.com finance.yahoo.com
 

Congresswoman Discloses Purchase Of Defense Stock Lockheed Martin Before 'We Must Hold Iran Accountable' Comment: Is There A Potential Conflict Of Interest?​


  • Defense stocks could benefit due to increased tensions in the Middle East, heightened by a drone attack on US troops in Jordan.
  • A Congresswoman disclosed buying shares of a defense stock before saying the US should hold Iran accountable for the attack.
The act of buying and selling stocks and options by members of Congress has become a hotly debated item across social media and in the news due to potential conflicts of interest.

A member of Congress recently disclosed a purchase of a defense stock, which could point to another conflict of interest.

What Happened: A drone attack on a U.S. outpost in the country of Jordan killed three American soldiers was suspected to have been done by militants in Syria that were backed by Iran. The incident came during the current Middle East conflict and could lead to increased action in the region.

With tensions rising in the Middle East, defense stocks could benefit from additional purchases of weapons and defense systems.

One member of Congress bought shares of a leading defense stock days before the drone strike in Jordan.

Rep. Kathy Manning (D-N.C.) disclosed the purchase of two separate orders of Lockheed Martin Corp shares. Each transaction was valued at between $1,000 and $15,000.

More:

 
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The buy is one side, but when do they sell?
 
Foreign Aid. Money goes overseas and comes back through shell corporations owned by friends and family members. Money then gets funneled into political campaigns and any "extra" left afterwards can be legally put into their retirement funds.
The most blatant examples were The Clinton foundation that funneled up to 2 billion through their foundation and now Obama who goes into office with a combined net worth of a little over a million and 8 years later has the Obama foundation worth 300 million plus with several donations over 25 million but no one is allowed to know who the anonymous donors were.
Remember Solyndra? Over 500 million of taxpayer money just lit on fire in a years time. 1100 employees at lets say 50k each for a period of 1 year totals 55 million. I think the company got like 550 million so where is the other 500 million. No charges for anyone and no real facts released from a 4 year investigation. FBI went in and grabbed everything as soon as bankruptcy was announced so probably no way to find out how much went to kickbacks to politicians.

All of this should be illegal. In the old days we were never giving money to corporations to start up a company. A loan to bail out a company here and there but even when Chrysler needed a bailout it was very controversial. Probably illegal but we did get paid back. Now there isn't even a hint of controversy and DOE just hands out money like candy.
Next up is over 6 billion to build chip plants in Texas. For Samsung. If it's such a great idea to invest in this then why aren't banks making that investment? Why didn't banks make the loan to Solyndra?

This is normalcy creep. 1st it's controversial to loan money to Chrysler. Then years later money is just given away like it's a normal thing. All of this is tax dollars being funneled into companies that will funnel a lot of it back via no show jobs for politicians families and friends and also political contributions.

Planned parenthood and NPR are 2 other organizations being used to funnel political contributions. Money gets allocated to both of these organizations and both make massive contributions to political campaigns.
 
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