Disclaimer: This article may contain the personal views and opinions of the author.
While the Biden family is continuing with its racketeering schemes, there is another political family we need to keep an eye on. Nancy Pelosi’s husband, Paul Pelosi, is turning heads again.
No, it is not because of any DUIs. It is because Paul Pelosi has been selling large quantities of Visa and Apple stocks. Usually, such transactions would be ignored since it is private business affairs.
However, it is the optics of Pelosi’s recent trading. The Daily Caller reported:
“Nvidia is a multinational corporation that designs and manufactures graphics processors and other technology, and is heavily reliant on semiconductors. The House passed a bill in February that included $52 billion in domestic subsidies for the semiconductor industry, and chip companies, including Nvidia, demanded Congress in June move forward on finalizing semiconductor subsidies for domestic manufacturing.”
Paul Pelosi bought 20,000 shares of Nividia ahead of a vote on a bill that would hand billions in subsidies to boost chip manufacturing. The optics of Pelosi’s purchase appears he had inside knowledge.
This is problematic because insider trading is illegal when the material information is non-public. Martha Stewart’s 2001 ImClone trading would be a prime example of unlawful insider trading.
Conservative Brief reported:
“Paul Pelosi is a financier whose estimated wealth is north of $100 million. He also sold 10,000 shares of Visa that were worth between $1 million and $5 million on June 21, the filing by his wife noted.
“Earlier in June, Nancy Pelosi disclosed that Paul bought options to purchase shares of Apple Inc. and Microsoft Corp. that were worth nearly $2 million. Paul owns and operates a real estate and consulting firm based in San Francisco.”
It should also be noted that this bill comes on the heels of threats made to Taiwan. 90% of the most advanced chips are made in Taiwan. China wants to take control of the global market and believes in a “One-China” policy. That means Taiwan is a part of China.
If China succeeds in conquering Taiwan, then China will have complete control over the advanced chips made in Taiwan. The advanced chips power up our smartphones, desktops, and so on.
People need to stop looking at one problem at a time and start looking at the bigger picture.
In a previous Raging Patriots article:
Mark Meckler, the president of the Convention of States Action, says the survey indicates that members of the U.S. voter base “see through the smoke and mirrors.”
“They’re watching as the Biden administration’s policies benefit China more than our own country and conclude that the president is serving the interests of the Chinese Communist Party and must be compromised,” he said.
All this means is that everything is going according to plan. What’s more, it can be seen that the Pelosi family and other members of congress are in on it. The Bidens are the perfect puppets for China.
So while working-class families must pay for inflation, the swamp continues to get filthy rich.
Sources:
http://thespokenword.business.blog/2022/07/18/the-democrat-communist-takeover/