World

‘Let them eat ice cream’: US politicians rake in money while citizens struggle

Sky News host James Morrow is thrilled that U.S. House Speaker Nancy Pelosi has “halved” by visiting Taiwan, but is skeptical about how she made her fortune should be questioned.

“This question always comes up whenever Nancy Pelosi’s name comes up: How did she get so rich?” he said.

Morrow said part of the answer lies in “weird rules about playing in the stock market” that American politicians can follow, but the “bigger scandal” is that “ordinary people It’s all about how legislators are making ends meet while they’re suffering.

“Basically, insider trading rules that could put you and me in jail for years, even if we passed laws and regulations worth billions of dollars for publicly traded companies, would not be available to members of Congress.” Doesn’t apply,” he said. He said.

Morrow said Pelosi’s husband, Paul Pelosi, “made millions of dollars” at the computer chip company, while the Speaker of the House “controls subsidies to computer chip makers through Congress.” I was doing it,’ he said.

“Members of Congress traded $290 million in stocks, options, cryptocurrencies and other assets last year, outperforming the market on average, according to a recent analysis by Unusual Whales, a service that sells financial data. concluded.

“Just as ordinary Americans suffer from food shortages and high prices, Nancy Pelosi was happy to go on late-night talk shows and tell them to get them ice cream.”

‘Let them eat ice cream’: US politicians rake in money while citizens struggle

Source link ‘Let them eat ice cream’: US politicians rake in money while citizens struggle

Leave a Reply

Your email address will not be published.

Back to top button