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You are here: Home » News » Jesuit Agendas » Political News » How Politicians Make Millions

How Politicians Make Millions

September 8, 2021 8:00 PM By Dr Joseph Mercola Leave a Comment

Originally published by Mercola.com and republished on his Private Substack.


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Politicians receive very comfortable salaries. Speaker of the House Nancy Pelosi, for instance, earns $223,500 a year, making her the third-highest-paid elected official in the U.S.1 Yet, since 2004, her wealth has increased from $41 million to nearly $115 million, according to OpenSecrets, which began tracking lawmakers’ personal finances that year.2

She’s not alone in her wealth. Personal financial disclosures reveal that more than half of Congress members are millionaires, with a median net worth of just over $1 million. As is often the case, however, the top 10% of the lawmakers in terms of wealth are three times richer than the bottom 90%. Pelosi comes in as No. 6 on a list of the wealthiest members of the 116th Congress.3

At issue isn’t the fact that politicians are multimillionaires; rather, as noted on a recent Twitter thread by Pulitzer Prize winning journalist Glenn Greenwald, it’s how they made their millions:4

“If you think it’s fine and normal that the Speaker of the House’s personal wealth tripled to $115 million ever since financial disclosures were required (2004), that’s fine, but the issue is how that money was made. It was from companies directly affected by her actions.”

Politicians Get Rich From ‘Lucky’ Stock Trading

In the last two years, nearly 75% of Pelosi’s stock trades have involved Big Tech stocks, totaling over $33 million in trading. “That has happened as major legislation is pending before the House, controlled by the committees Pelosi oversees, which could radically reshape the industry and laws that govern the very companies in which she and her husband most aggressively trade,” Greenwald wrote in a blog.5

Pelosi’s most traded company was Apple, accounting for 17.7% of her trades. But unlike most people buying and selling Apple stock, Pelosi had the privilege of speaking privately with Apple CEO Tim Cook on at least one occasion to discuss the company’s standing and how it could be affected by pending bills relating to Silicon Valley reforms.

The call in question occurred just days after antitrust reform legislation was introduced. Big Tech pushed back, and Cook called Pelosi directly to voice his concerns. Pelosi, according to The New York Times, then asked him which measures he specifically objected to.6,7 Greenwald reported on the blatant conflict of interest:8

“Sources who refused to be identified tried to convince the Times’ reporters that ‘Ms. Pelosi pushed back on Mr. Cook’s concerns about the bills.’ But in doing so, they confirmed the rather crucial fact that Pelosi was having personal, private conversations with the CEO of a company in which she and her husband were heavily invested and off of which they were making millions of dollars in personal wealth.

And Pelosi, according to the report, asked Cook what changes were needed to avoid harming Apple and other Silicon Valley giants.”

Trading Stocks in Companies Affected by Pending Legislation

Greenwald also revealed that Pelosi’s five most-traded stocks in the last two years — Apple, Microsoft, Facebook, Amazon and Google — were those that stood to be most affected by pending legislation, and not just any legislation, but legislation that she was working to negotiate and work through Congress.

Four of the companies — Apple, Amazon, Facebook and Google — were directly identified by the House Antitrust Subcommittee as being monopolies, making their futures heavily dependent on the pending legislation. According to Greenwald:9

“Beyond that, Google — one of the companies in which the Pelosis’ stock trades have made millions — is one of the top five donors to the House Speaker.10 The wealthy couple buys and sells in Google stock, making millions. She works on bills that directly affect the future trajectory of Google. And they lavish her campaign coffers with cash, a key source of her entrenched power.”

Meanwhile, Pelosi’s husband, Paul, purchased risky options in Alphabet, the parent company of Google, in February 2020, which he sold in June, netting more than $5 million in profits.11 The purchase was made, Greenwald wrote:12

“… right before the market began plunging due to the COVID epidemic and right before the House, led by his wife, was set to introduce new legislation to regulate those same tech companies. Yet even as the prices in several of those companies plummeted, Paul Pelosi held onto them, only to sell them last June at a massive profit.”

He also cited two other “disturbing incidents” in which Paul Pelosi had impeccable timing with his investment decisions, including exercising nearly $2 million worth of Microsoft call options within two weeks of a Microsoft contract to supply the U.S. Army with augmented reality headsets. The other incident involved the purchase of about $1 million in Tesla stock after calls made prior to the government announcing incentives it would offer to promote the shift toward electric vehicles.13

“In response to media inquiries, Greenwald reported, Pelosi denied that she is involved in or even has knowledge of her husband’s stock trading. There is, of course, no way to confirm or disprove that, but what is clear is that the vast wealth generated by those stock trades in companies Pelosi greatly affects — and about which she clearly has non-public information — directly enriches Pelosi herself.”14

Suspicious COVID-Related Trading

Not every lawmaker had filed annual financial disclosures at the time of OpenSecrets’ latest report, including Sen. Kelly Loeffler, R-Ga., who has an estimated worth of over $500 million.15

She and her husband, New York Stock Exchange chief executive Jeff Sprecher, came under fire for suspicious stock trades worth between $1.2 million and $3.1 million that occurred immediately after a “closed-door coronavirus briefing in late January” 2020.16 Among them:17

  • Buying stock in an online travel booking site in February 2020, then selling it four days later, just before a ban on flights from Europe was publicly announced
  • Purchasing stock in Citrix, which sells GoToMeeting teleworking software

Loeffler denied using confidential information from her Senate duties to make a private profit but announced in April 2020 that she and her husband were liquidating their stock holdings and “moving into exchange-traded funds and mutual funds.”18 In other suspicious instances:

Sen. Richard Burr, R-N.C., chairman of the Senate Intelligence Committee, who receives frequent briefings about potential U.S. threats, also dumped stock, including in hotel companies, worth up to $1.7 million in late January 2020.

“As Intel chairman,” Burr “got private briefings about coronavirus weeks ago,” Rep. Alexandria Ocasio-Cortez, D-N.Y., tweeted at the time. “Burr knew how bad it would be. He told the truth to his wealthy donors while assuring the public that we were fine.”19 Sen. Dianne Feinstein, D-Calif., and Sen. James Inhofe, R-Okla., also sold stock after Intelligence Committee briefings.20

How Is This Legal?

Corruption runs deep in politics, with Big Tech and Big Pharma giving campaign money to politicians who in turn receive non-pubic information about the corporations that can be used to enrich their personal stock portfolios. The lawmakers then have influence over legislation that affects the companies in which they’re personally invested.

Politicians are supposed to be performing a public service, but once they’re out of the public eye, many go on to serve as lobbyists or work in the corporate world. This means that during their tenure, they don’t want to close doors that may help them once they’re no longer in politics.

The system is such that most politicians aren’t fighting for the public but, rather, are looking out for their own self-interest and wealth accumulation. Case in point: There were 1,502 pharmaceutical lobbyists in 2020, 63.91% of whom were former government employees.21

A revolving door, in which government employees and former members of Congress take jobs with lobbying firms, is common among lobbyists, and the reverse also occurs, in which people from the private sector end up in government positions. How is this legal? As Greenwald explained, unless insider trading can be proven, this type of “lucky” trading that is building the wealth of numerous politicians will continue:22

“While the trades cannot be declared illegal unless it can be proven that either Pelosi acted on non-public information — in which case it would be the felony of insider trading — the ethical stench is obvious.

Just as was true when numerous Senators from both parties sold stocks in COVID-related industries before the pandemic began — raising questions about whether they had advance knowledge of what was coming through classified briefings — watching Nancy Pelosi’s wealth skyrocket by millions of dollars from trades in the very companies she is directly overseeing creates a sleazy appearance, to put that mildly.”

Politicians are in good company, as top health officials also cash in on stock options tied to the companies they oversee. For instance, Dr. Julie Gerberding — director of the U.S. Centers for Disease Control and Prevention from 2002 until 2009, who after leaving the CDC became president of Merck’s vaccine division in January 201023 — sold half her Merck stock options for $9.11 million in January 2020.

In March 2020, a group of legislators introduced the Ban Conflicted Trading Act to “prohibit members of Congress and senior congressional staff from abusing their positions for personal financial gain through trading individual stocks and investments while in office or serving on corporate boards.”24

“Members of Congress should not be allowed to buy and sell individual stock,” said Ocasio-Cortez. “We are here to serve the public, not to profiteer.” Senator Jeff Merkley, who introduced the Act to the Senate, added:25

“Buying and selling stocks while making decisions that affect the stock’s value is inherently a conflict of interest. At best, it can seriously degrade public trust — as we are seeing today. At worst, it’s a blatant abuse of power.”


Originally published by Mercola.com.

Author: Dr Joseph Mercola

Dr. Joseph Mercola is the founder of Mercola.com. An osteopathic physician, best-selling author and recipient of multiple awards in the field of natural health, his primary vision is to change the modern health paradigm by providing people with a valuable resource to help them take control of their health.

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  • Colton on Recent prophetic dreams show prices for Electroneum (ETN)Just keep in mind you are making some assumptions about circulating suppies, burn mechanics, migrations, the value of the dollar, total market cap of cryptos, inability for current coins to restructur…
  • Geo Washington on “They’re preparing us for civil war.”Mena will be proven right. While I believe there will be goat states and sheep states, that alone is not the true purpose or their intended result. Division is. Any kingdom divided against itself shal…
  • mem on “In the next six months you’re going to wake up settled in the land that I promised to give you long ago.”I read just the title and the first thing that came to mind was The Second Exodus! Let it be!!
  • Christine on “In the next six months you’re going to wake up settled in the land that I promised to give you long ago.”Amen
  • Christine on I HEARD THE LORD SAY “DAUGHTERS OF GOD, RECEIVE MY FIRE! RUN! RUN! RUN! RUN!”Amen
  • Joseph on “In the next six months you’re going to wake up settled in the land that I promised to give you long ago.”Amen. So be it Lord.
  • Desiree on “In the next six months you’re going to wake up settled in the land that I promised to give you long ago.”Amen … I receive it in JESUS mighty name 🙏🙏🙏🙏❤️
  • Waully on “They’re preparing us for civil war.”VERY close. Check out this map of the fault line: https://www.wthr.com/article/news/indiana-is-near-two-of-the-largest-fault-lines-in-the-central-us/531-5e00440f-60f3-437e-8b77-36902652d31e Then check…
  • Emma on I HAD A DREAM AND THE LORD SPOKE LOUDLY “ONE OF THE NEXT THINGS I AM GOING TO TEACH MY PEOPLE IS ABOUT IS MY TIMING”Thank you Lana for your words. I have been reading back over some of your prophecies with tears in my eyes. God has been doing a work in me the past few months. I have had deliverance, breakthrough an…
  • Jason on “They’re preparing us for civil war.”Do you know if the spot is over the Mississippi River or New Madrid faultline? Do you know? I have a theory I haven't fully vetted out yet...
  • Fionnola Morris on Do not despise the storm. Harness it, and ride it to the end to receive the Champion’s reward!Thank you, Pastor Wanda. I really believe the lord is coming back for a resplendent warrior-bride not a bedraggled, cowering bride and that Holy Spirit will propel us through these storms until we rid…
  • Fionnola Morris on “They’re preparing us for civil war.”Actions taken to provoke a civil war is probably a fair summation. However, the Lord also has His plans which aren’t simply reactive. Many of us can clearly see the hand of God in all this, especially…
  • Edg on “They’re preparing us for civil war.”Yes OUR Mighty Lord planned to Stop the curse on America with these abortions and YES our Lord's will and HE is never Late Pray for Peace for America and Peace for Israel
  • Matteh on Prophetic dream reveals BTC flash crash and recovery to $108,000Hi friends, I've been struggling to set-up very low (eg. $4) spot-limit order on Binance? The exchange basically wld allow a minimum of about $3300 order it says. Some other exchanges also indicate yo…
  • Nora on “They’re preparing us for civil war.”I agree. This reminded me of David Wilkerson's book The Vision (1973). In the vision God gave him, New York City is on fire > he didn't know why, it could be a celestial event, an attack, or civil…
  • Kris L on “They’re preparing us for civil war.”The paths of the two eclipses also crisscross over southern Illinois, an area that used to be call Little Egypt.
  • Derek on Recent prophetic dreams show prices for Electroneum (ETN)I don't think its a negative sentiment. Many lost 99% of their monies and it can drop more from here. It's only when you see things as is, you learn and grow, not by blind faith.
  • James - Lincoln on “They’re preparing us for civil war.”Couldn't agree more with this, Mena! May you be blessed for sharing!!
  • Ant 🐜 on Recent prophetic dreams show prices for Electroneum (ETN)Wow, given this negative sentiment regarding RDD and ETN from once committed diehards who once believed, I would suggest that this week is now the absolute bottom and both cryptos are on their way up…
  • Bill F on Recent prophetic dreams show prices for Electroneum (ETN)Thanks for sharing that mem. "Not by might , nor by power....nor by excellent TA skills...nor by intellectual prowess...but by My Spirit sayeth the Lord!"
  • mem on Recent prophetic dreams show prices for Electroneum (ETN)I was the opposite. Didnt give rdd the time of day, because from the fundamentals it was a no go. No dream or vision needed to pass on a bad altcoin Then i had a dream where a person i havent seen sin…
  • Derek on Recent prophetic dreams show prices for Electroneum (ETN)Yes, that's why I stay away from all these SHIB and LUNC $1 dreams. There is no way the crypto market would reach quadrillion dollars market cap anytime soon, we may hit those probably during financia…
  • faith on Recent prophetic dreams show prices for Electroneum (ETN)Hi Bill, thanks for your reply. One thing I can share with you and others is from the RDD dreams I read most people do not see a warning when they get it. Bathroom/toilet dreams, anything medical (drs…
  • Edg on Prophetic dream warns of trouble ahead at Coinbase crypto exchangewell coinbase STOCK has LOST around 75 % of its value since a year ago and they will manipulate the SMALL coins, meme , to be able to keep afloat , or they will o anything to keep them from getting Hi…
  • Edg on Prophetic dream warns of trouble ahead at Coinbase crypto exchangeLMA O the world's STRONGEST currency . . . nice joke it is also been Manipulated to be where it is as of today
  • Just Another Brother on Prophetic dream warns of trouble ahead at Coinbase crypto exchangeBut this is artificial because the west stops them from paying in the bond denominated western currency, instead they pay in ruble. It might be considered a technical default, but it's imposed on them…
  • Just Another Brother on Recent prophetic dreams show prices for Electroneum (ETN)Thank you Bill for your encouraging post. I too have been around since back when ETN became hot and I bought at 6 pence. I've been in and out multiple times since then, and likewise with RDD. I have m…
  • MattNZ on Prophetic dream warns of trouble ahead at Coinbase crypto exchangeJUST IN: Russia has defaulted on its foreign debt for the first time since 1918. @GeneralMcInerney
  • Phil - Sydney on Recent prophetic dreams show prices for Electroneum (ETN)Good post . Yes. It’s a long hard road RDD has been a very slow ride down. Too late to sell so I’m in for another 2 years if it takes that long to reach $1 or $2.10. God bless everyone. Instant riches…
  • Two cents worth on Rockefeller Medicine: A Poisonous Illusion?Allopathic medicine is "Rockefeller" Medicine. Here's a humorous video about allopathic medicine, though the reality is very dark... In a time when US citizens are spending far more for "healthcare" t…
  • Bill F on Recent prophetic dreams show prices for Electroneum (ETN)Thanks for this input Faith and good to hear from you. I too am a veteran and have been around Z3 since the RDD revelation and before. It has been an "interesting" process indeed. And I also lost mone…
  • faith on Recent prophetic dreams show prices for Electroneum (ETN)I was around Z3 when the plethora of RDD dreams occurred during the time frame you mentioned. At first, like many others, I bought the coin. Shortly thereafter, the Lord warned me away from it. Prophe…
  • Glenn Clark on Prophetic dream warns of trouble ahead at Coinbase crypto exchangeThanks Derek for those details. Yeah I think the increased fees are almost certain which will turn a large number of users away. Their current fees aren't exactly the lowest of exchanges so I'm guessi…
  • Derek on Prophetic dream warns of trouble ahead at Coinbase crypto exchangeCoinbase made huge profits in 2021, and last quarter earnings were really bad. They laid off 20% staff, rescinded offers. They will layoff 30% more by EOY. Coinbase charges 3% fee, where as pro charge…
  • Glenn Clark on Prophetic dream warns of trouble ahead at Coinbase crypto exchangeI wonder if the sunsetting of Coinbase Pro is any kind of indicator of trouble within Coinbase. Sounds like Coinbase pro becomes "Advanced Trade" within Coinbase. It's supposedly just a migration and…
  • James Bailey on America blindly trusting two Jesuits to lead our nation through the coronavirus pandemic.Thanks for letting me know the video was deleted on YouTube. I had downloaded it so I uploaded it to Brighteon.com, a site that believes in freedom of speech. Here's the link: https://www.brighteon.co…
  • James Bailey on Prophetic chart could be showing macro view of crypto winter aheadI’m expecting SPX to return to 4160 within the next week or two and then drop a little before moving above 4200 soon afterwards. I'm expecting another big wave down starting in late July possibly trig…
  • James Bailey on Prophetic dream warns of trouble ahead at Coinbase crypto exchangeI'm expecting SPX to return to 4160 within the next week or two and then above 4200 by the middle of July. The May 4 top reached 4307 so it might return close to that level before the next wave down b…
  • Derek on Recent prophetic dreams show prices for Electroneum (ETN)Based on dreams of one of the brother in christ, bitcoin will take 10 years to recover after the crash. It's been 5 years since the recommendation for ETN and REDD was made. Unless you've the stomach…
  • Raven0777 on Prophetic dream reveals food shortageAntichrist, disaster I was at the doors of death back in 2010, I had dreams not of this world after that!! .About 2014, or 2015, I dreamed I was watching breaking news. The reporter had a map of the U…
  • Marcio on I HEARD THE LORD SAY “DAUGHTERS OF GOD, RECEIVE MY FIRE! RUN! RUN! RUN! RUN!”Heaven Land Devotions - Jesus Christ - Master Of Time And Eternity By Joanie Stahl https://www.youtube.com/watch?v=BWWH6cEFsGw
  • David on America blindly trusting two Jesuits to lead our nation through the coronavirus pandemic.Thank you for this. Is there anyway to get that deleted video?
  • William on Encounter with a soldierUnless you were absolutely sure these soldiers were Japanese, you should not of said that they were. You need to be more guarded in what you share.
  • Fionnola Morris on The Coming Healing of the Land & NationsThank you, Pastor Thomas, there is much too encourage us from the scriptures in your post. However, I am concerned about the fact we cannot have a move of God with so much bloodshed of whatever kind b…
  • Fionnola Morris on Encounter with a soldierThank you again, Caroline for faithfully bringing that warning to the people of God. Who knows, if we are praying and repenting on behalf of our land (2 Chron 14:7), God will certainly heal our land a…
  • Bernie on Encounter with a soldierThe soldiers could be North Korean.
  • Bob on Encounter with a soldierLeaked China Meeting Reveals Plans to Attack USA. https://rupreparing.com/news/2022/5/20/sources-china-preparing-for-d-day-invasion-of-the-continental-united-states-with-forces-to-land-on-the-beaches-…
  • Thomas NoDoubt on I HEARD THE LORD SAY “DAUGHTERS OF GOD, RECEIVE MY FIRE! RUN! RUN! RUN! RUN!”I’ve been waiting on this word from Him for about 44 years now Ever since I heard this prophetic word spoken over my life, “New things, New things, new things! God is going to do a new thing through y…
  • christian on Disturbing facts about the Ukraine war and their President Volodymyr Zelensky that western news sources refuse to reporthttps://www.youtube.com/watch?v=vl3QUlED-jc I asked God about Russia & Ukraine and He spoke to me CLEAR AS DAY
  • Geo Washington on The Federal Bureau of Tweets: Twitter Is Hiring an Alarming Number of FBI AgentsWhen social media started many years ago I had a premonition that the technology would one day be used by the Antichrist. People mocked me. Later on the prophet John Paul said. "Technology is not your…

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