THEY'RE NOT GOING TO GO PEACEFULLY! WE KNOW WHERE THEY LIVE!
VISUALIZE REVOLUTION. WE WILL BURN DOWN WALL STREET AND PUT THEIR BANKSTERS AND BILLIONAIRES IN CHAINS!
Poll: Democrats Control White House and Congress -- Congress' Approval at 21%
(CNS News) -- Although Democrats control the House, Senate, and the White House, a new poll shows that Congress' approval among Americans is at 21%, its lowest thus far in 2021, according to Gallup, which conducted the survey.
The newest numbers come from an Oct. 1-19 Gallup poll, which also noted that President Joe Biden's approval rating is at 42%, his lowest this year.
While the 21% approval for Congress (House and Senate) is "still still better than the 15% approval rating at the end of the divided 116th Congress in December, today's reading is well below this year's high point of 36%," reported Gallup.
"That was measured after Congress passed the latest COVID-19 economic relief package, known as the American Rescue Plan Act of 2021," said the survey firm.
Explaining the low approval number, Gallup said, "Congress' approval is low because hardly any Republicans (5%) and relatively few political independents (22%) offer positive reviews of the legislative body, at the same time that Democrats' approval has plunged to its lowest level in 2021 -- now 33%, down from 55% in September."
"As congressional Democrats continue to struggle to reach consensus on the scope of major new social spending, rank-and-file Democrats' approval of Congress has subsided," said Gallup.
The survey group noted that a similar dip in approval occurred in 2009, when Democrats controlled the House, Senate, and White House.
In conclusion, Gallup said, "With Democrats on Capitol Hill reportedly closer to a deal on Biden's spending bill, Democrats' approval could rebound next month. Whether that persists into 2022 or proves short-lived will depend on whether conflict between different factions in the Democratic caucus continues to stall Biden's agenda or the various sides find a way to unite."
To see the complete survey, click here.
GLOBALIST DEMOCRAT FOR BANKSTER BAILOUTS AND WIDER OPEN BORDERS
BLOG EDITOR: OUR DEFINITION OF A LAWYER IS ONE WHO IS INSTITUTIONALLY TRAINED IN LAW SCHOOL TO LIE, CHEAT, STEAL, ORCHESTRATE PERJURY, COMMIT PERJURY AND GAME THE LEGAL SYSTEM TO PUT IT INTO THEIR POCKETS OR THAT OF THEIR CLIENTS.
JOE BIDEN'S LONG HISTORY OF AS PROMOTER OF OPEN BORDERS, BANKSTER BAILOUTS AND SERVICE TO WALL STREET MADE HIM AN OBVIOUS CHOICE TO SERVE LAWYER OBAMA'S CORRUPT BANKSTER REGIME.
AS ATTORNEY GENERAL OF CALIFORNIA, LAWYER KAMALA HARRIS WAS WATCHING ON THE SIDELINES WHILE OBAMA'S A.G. LAWYER ERIC HOLDER WAS PROTECTING THEIR CRONY BANKSTERS AND THEN SUCKING OFF THE SPEECH FEE BRIBES (SHE IS A PARTNER IN LAWYER HUNTER BIDEN'S DEALS WITH RED CHINA). HARRIS IS A QUICK ACT LEARNER AND DID THE SAME FOR WELLS FARGO AND 'KING OF FORECLOSURES' STEVEN MNUCHIN.
KAMALA HARRIS HAS LONG DEMONSTRATED HER WILLINGNESS TO BEND OVER FOR THE RICH, BANKSTERS AND HIGH TECH BILLIONAIRES. SHE WAS SO GOOD AT IT NO ONE THOUGHT BIDEN WOULD NOT BRING HER ON AS V.P. THIS BRIBES SUCKING LAWYER WAS THE PERFECT FIT FOR THE BIDEN KLEPTOCRACY.
OF COURSE, KAMALA HARRIS WOULD SUDDENLY HAVE TO BECOME BLACK AS WELL AS STAGE HERSELF AS A DEM 'POPULIST'. ALL EASY TO DO IF YOU'RE A SOCIOPATH.
By stark comparison, during various stages in his 35-year Senate career he was a racist and segregationist, a zealot for tough on crime legislation, a hawk promoting military intervention in a variety of international conflicts and an avowed defender of crony capitalism.
The Mendacity of Joe Biden and the Ruling Elites
By Steve McCann
An ex-business partner and I were recently reminiscing about an encounter we had with then Senator Biden at MBNA’s new corporate offices in downtown Wilmington in 1996. (MBNA was then the world’s largest independent credit card issuer.) Biden was running for re-election, so he was glad-handing anyone within reach, and we were, unfortunately, in the line of fire having just left a meeting and walking through the lobby. Flashing a toothy grin, dripping with condescension and insincerity, he grabbed my hand and said, “Good to meet you, hope you’ll vote for me in November. Like your tie.”
Fighting the urge to go and wash my hands and thinking of his disastrous 1987 presidential campaign and history of political sleaze, I said to my partner, after Biden had pressed his flesh, “Damn, I hope that oily bastard is never elected President.”
The chance meeting at the MBNA building was appropriate as Biden was not only a Senator from Delaware but was so blatantly acting as MBNA’s chief “lobbyist” that he was often referred to as “The Senator from MBNA.” In 1996, MBNA hired Joe’s son, Hunter, fresh out of law school, having never worked in finance or banking, as a “senior vice president” making $100,000.00 per year ($168,00.00 in 2021 dollars) plus a substantial signing bonus.
It was after this run-in with Joe Biden that I began to pay more attention to his fabulist tendencies, lack of character and compulsive lying. While his cognitive decline is an ancillary factor in what the American people see today, the reality is that he has always been someone who will do or say anything to advance his personal aspirations. Which has always been more than just mundane financial or material accumulation. Biden has long harbored the dream of being praised in the history books as the next Franklin Roosevelt, the demigod in the pantheon of Democrat party icons. His impatience to achieve that goal had him seriously considering a presidential run in 1980 when he was 37. His first bid for the presidency was in 1987 at 44.
Joe Biden is not an ideologue but a self-obsessed blowhard who is currently promoting extreme leftist ideology only because those policies are now de rigueur in the radicalized left-wing Democrat party and advancing them is the key to the esteem he craves. By stark comparison, during various stages in his 35-year Senate career he was a racist and segregationist, a zealot for tough on crime legislation, a hawk promoting military intervention in a variety of international conflicts and an avowed defender of crony capitalism.
Since he became President, many Americans and journalists in the alternative media have been taken aback by Biden’s penchant to outright lie repeatedly in the course of any speech, pronouncement or press briefing. Throughout his political career, in virtually every speech or answer to a question he has not only trafficked in political obfuscations but repeatedly told overt lies about his life history, legislative matters and his political opponents. He fits the definition of a compulsive liar:
A compulsive liar is defined as someone who lies out of habit. Lying is their normal and reflexive way of responding to questions. Compulsive liars bend the truth about everything, large and small. For a compulsive liar, telling the truth is very awkward and uncomfortable while lying feels right as they oftentimes have a need to embellish and exaggerate.
There is little doubt that Joe Biden is suffering from mild cognitive decline brought about by the aging process, but that should not be viewed as an excuse for his character traits, in particular self-obsession and compulsive lying. In reality, these types of character traits are not developed as a person grows older. Instead, lifelong traits become more pronounced and exaggerated in old age.
Thus, he is not an absent-minded grandfatherly and politically moderate occupant of the White House but the most dishonest, deceitful and mendacious person in a position of power in American history and, along with his influencers in the radicalized Democrat party, an empirical threat to the future of the country.
Determined to rid the nation of Donald Trump, the ruling elites inflicted Joe Biden upon the nation by egregiously and perhaps illegally manipulating election laws and obfuscating and oftentimes burying unflattering and negative stories about him and his family. Biden was an ideal choice for the elites as he is, in many ways, a reflection of who they are. However, this choice also revealed their obliviousness in dismissing the depth of Biden’s narcissism and habitual duplicity.
Professor Ted McAllister of Pepperdine University described the current generation of American elites or the Ruling Class as follows:
The deepest fact of our time is that America has a bad elite, a mendacious one whose skills, values, goals, tastes and types of knowledge are hostile to our nation’s inherited cultures and plural people. The new elite that has emerged in the last generation or two has no interest in preserving anything but perhaps their own power. They lack historical knowledge and vision, which they supplant by, or exchange for, the powers of transformation and change. Intoxicated by the power possible with emerging technologies, inspired by visions that only a deracinated globalist perspective could make attractive, this elite thinks of creative destruction as applied to culture.
The ruling elites in their headfirst dash to transform the culture have aligned themselves with the radical left whose sole objective is to centralize all governmental and economic power in a hybrid socialist federal government with themselves, and not the current ruling class, in permanent control.
Yet, the elites cannot see the forest for the trees. Their naiveté and egotism mirrors Biden’s self-obsession as the elites believe they can ultimately compromise with the militant left to their advantage and Biden mindlessly acquiesces to the left in order to satisfy his lifelong aspirations. This confluence of cowardice has placed the radical Left at the apex of the governing pyramid despite just 15% of Democrat voters (and 7% of all voters) identifying as very liberal.
The three-headed monster of radical leftism, a duplicitous Joe Biden and a credulous ruling elite has unleashed upon the nation the onslaught of identity politics and cancel culture, unconstrained illegal immigration, unfettered money creation and spending, manipulated and unfair elections, racial demagoguery and the near-permanent abrogation of freedoms under the guise of fighting a pandemic.
It is imperative that the American people become more involved in the nation’s governance by actively participating in a patriotic resistance against the tyranny of a central government dominated by the left. In a multi-ethnic nation of 330 million that spans a continent, the primary solution to this descent into potential anarchy lies in forcing an awakening by and a transformation of the elites and related institutions, thus recapturing the culture. As that is the key to permanently defeating the militant left.
This will require political turmoil. The people must force and endure dramatic, painful, institutional battles outside of the federal government: in universities, non-profits, media, arts, and the array of institutions that constitute the sinews of a self-ruling people. Meanwhile, the American people, and in particular the nation’s elites, must reject the false characterization of Joe Biden and recognize the mendacious man he is and the self-obsession that motivates him. Thus, making it imperative that he and his administration be thwarted at every turn by state governors and legislatures, the Congress and the Courts.
THE DEMOCRAT PARTY'S BRIBES SUCKING KLEPTOCRACY
Watters' World' investigates Nancy Pelosi's financial dealings
https://www.youtube.com/watch?v=3M4QZJxb9Dw
Nancy Pelosi, a horrid woman equally as without heart and soul, on Tuesday refused to have the names of the thirteen soldiers killed in Kabul read out on the floor of the House. That should permanently indict her for being the wicked witch she is. She is more devious, more calculating than the irresponsible Biden but every bit as beyond redemption as he is. She will do anything to try to convince the American people, for whom she has only contempt, that whatever she and her party do is righteous no matter how loathsome and totalitarian. PATRICIA McCARTHY
THE DEMOCRAT PARTY'S BRIBES SUCKING KLEPTOCRACY
Watters' World' investigates Nancy Pelosi's financial dealings
https://www.youtube.com/watch?v=3M4QZJxb9Dw
As even more proof of this than I previously reported, Pelosi does not want employers like her to be required to pay the cost of illegal aliens’ hospital care.
Donald Trump Questions Nancy Pelosi’s Corruption
AP Photo/Manuel Balce Ceneta
President Donald Trump questioned House Speaker Nancy Pelosi’s dubious participation in stock market initial public offering shares, enriching her family.
The president shared a clip Monday highlighting a CBS 60 Minutes report featuring author and Breitbart senior contributor Peter Schweizer’s investigation into Pelosi and her husband participating in at least eight different stock IPOs while in Congress.
"The House gone rogue! I want to remind you a little bit about the ring leader in this whole rogue operation against the President of the United States..." @MarkLevinShow
35.1K people are talking about this
60 Minutes reporter Steve Kroft confronted Pelosi on the topic in 2011, but she denied any impropriety.
The report noted that Pelosi and her husband participated in an initial public offering of Visa in 2008, while credit card regulation was underway in the House of Representatives. The Pelosis bought 5,000 shares at the initial price of $44 and shares were trading at $64 just two days later, according to the report.
“Congress has never done more for consumers nor has the Congress passed more critical reforms of the credit card industry than under the Speakership of Nancy Pelosi,” Pelosi spokesman, Drew Hammill, said in a statement, according to CNN after the 60 Minutes report aired.
The clip was featured on Mark Levin’s Fox News show Life, Liberty and Levin on Sunday.
Turns out Biden's family not the only one to benefit from Ukrainian fossil fuels
On Sept. 24, 2019, Speaker Nancy Pelosi announced the official impeachment inquiry that would be led by the Intelligence Committee and Rep. Adam Schiff (D-Calif.). At first, this was a curious decision to objective persons, since the Judiciary Committee has the authority over this type of procedure. At the time, Pelosi indicated a threat by President Donald Trump to our national security during the July 25 conversation between him and President Zelensky of Ukraine. She did this without the benefit of the transcript, but she doubtless already knew much of the CIA "whistleblower's" complaint. Further, the Ukrainian president disputes her version.
But this is not the rationale for her haste to convene the investigation. It appears that the D.C. swamp benefits another powerful family. The Biden family has gotten special treatment from Ukrainian oil interests, and the Pelosi family has a similar advantage. Paul Pelosi, Jr. was a board member of Viscoil and an executive at its related company NRGLab, which was involved in energy business in Ukraine. Perhaps the use of the Intelligence Committee has given the Democrats the opportunity to limit Republican questioning and maintain secrecy over the responses from subpoenaed witnesses. This would prevent any official record implicating Pelosi's son. This also explains her reluctance to take a vote authorizing the investigation, since the minority party would gain some rights.
This is interesting also since much of the Democratic Party rejects carbon-based energy sources. Biden has made this a part of his campaign. The Green New Deal proposals will eventually end dependency on oil and gas as an energy source. But this does not stop these politicos from benefiting financially from this sector of the economy. This reminds one of the financial benefits that Al Gore's father had from Occidental Petroleum, which was one of the great polluters (remember Love Canal?). He chose to make money selling carbon offsets to atone and make his own name.
The Ukrainian oil company Burisma used many well connected members of the D.C. establishment connected to the Obama administration. This interlocking swamp is a threat to the USA. But the media have managed to convince a vast number of Americans that Trump is the threat. When Trump railed against Pelosi in Louisiana on Friday, he was accusing her of not just splitting the nation politically, but also ignoring the financial benefits to powerful families at the detriment of our national security. This also helps explain the constant discussion in public about Biden's son Hunter, in addition to the political advantage he might gain.
No wonder the establishment (including many Republicans) wants to impeach Trump. Family security always "trumps" national security in the D.C. swamp.
NANCY PELOSI GOT RICH OFF ELECTED OFFICE AND SERVICING THE “CHEAP” LABOR LOBBIES - Jim Gilchrist asked the question about Nancy Pelosi’s ethics that should be on the minds of every law-abiding American – including those immigrants who are following the law to become citizens here the proper way: “Do we really need a House Speaker whose every action is calculated to enhance her own financial interests, instead of focusing on how porous borders will affect the security of everyday American citizens?”
SPEAKER NANCY PELOSI HIRES ILLEGALS AT HER NAPA WINERY
CALL LA RAZA NANCY TODAY! PUT THE HEAT ON HER!
EMAIL: NANCY PELOSI
http://speaker.house.gov/contact/
CALL NANCY PELOSI Washington , DC - (202) 225-4965 San Francisco , CA - (415) 556-4862
EMAIL NANCY PELOSI sf.nancy@mail.house.gov
Gilchrist was reacting to my report several weeks ago in FrontPage Magazine that Pelosi – who owns non-union vineyards in Napa Valley where grape-picking depends chiefly on the availability of cheap foreign labor – is doing everything she can to help open the floodgates to more illegal immigration. And she wants the American taxpayers to pay their way. As even more proof of this than I previously reported, Pelosi does not want employers like her to be required to pay the cost of illegal aliens’ hospital care. She voted against a bill that would make employers liable for the reimbursements if an undocumented employee seeks medical attention. And she voted in favor of rewarding illegal aliens from Mexico with Social Security benefits.
Pelosi's Stake in Illegal Immigration
________________________________________
The Minuteman Project, founded by Jim Gilchrist (who is also the co-author of the book Minutemen: The Battle to Secure America’s Borders), is made up of citizen volunteers who watch our border with Mexico and report illegal entry to the border patrol. For performing that thankless task in full compliance with the law, Gilchrist and his colleagues have been falsely maligned as fascists, racists, and even murderers. They have been driven off the speaker’s platform at Columbia University and vilified by Leftist politicians and their handmaidens in the liberal press.
So it was no surprise that the mainstream media chose to ignore a recent press release, issued by his publisher, in which Gilchrist asked the question about Nancy Pelosi’s ethics that should be on the minds of every law-abiding American – including those immigrants who are following the law to become citizens here the proper way: “Do we really need a House Speaker whose every action is calculated to enhance her own financial interests, instead of focusing on how porous borders will affect the security of everyday American citizens?”
Gilchrist did not stop there. He demanded an investigation into Pelosi’s “economic stake in just the kind of illegal alien exploitation that we deplore in Minutemen.” But you would never know it from the liberal media, who - while ignoring this demand - have had no compunctions in calling for Speaker Hastert’s head in the wake of the Foley page controversy.
Gilchrist was reacting to my report several weeks ago in FrontPage Magazine that Pelosi – who owns non-union vineyards in Napa Valley where grape-picking depends chiefly on the availability of cheap foreign labor – is doing everything she can to help open the floodgates to more illegal immigration. And she wants the American taxpayers to pay their way. As even more proof of this than I previously reported, Pelosi does not want employers like her to be required to pay the cost of illegal aliens’ hospital care. She voted against a bill that would make employers liable for the reimbursements if an undocumented employee seeks medical attention. And she voted in favor of rewarding illegal aliens from Mexico with Social Security benefits.
At the same time, Pelosi has led the Democratic opposition to any effective border controls or documentation requirements. She opposed the Secure Fence Act of 2006, signed into law by President Bush, and voted against final passage of a border security and enforcement bill in 2005 which required that all businesses must use an electronic system to check if all new hires have the legal right to work in this country. She voted against a bill to bar drivers' licenses for illegal aliens in 2005. This year she opposed legislation requiring presentation of a legitimate government-issued photo ID to prove eligibility to vote, claiming that “there is little evidence anywhere in the country of a significant problem with non-citizen voters.” She is dead wrong. For example, an accused terrorist by the name of Nuradin Abdi was just recently reported to have illegally registered to vote at the Ohio Bureau of Motor Vehicles. Nuradin Abdi was indicted earlier this year as part of a conspiracy to blow up the Columbus Mall.
How many other terrorist suspects may have slipped through the system because Leftists like Pelosi oppose any meaningful screens? Instead she continues to advocate our recognition of the flimsy, non-validated ID card that the Mexican consulates provide to illegal aliens before they cross over our border, called the “matricula consular”, which gives them phony documentation to set up bank accounts, apply for jobs, obtain social benefits, board airplanes, identify themselves to police, enter buildings that require IDs, obtain drivers’ licenses and then perhaps use those drivers’ licenses to try to illegally register to vote in our elections.
Pelosi also believes in giving sanctuary to illegal aliens. She opposed legislation to deny federal homeland security funding to state and local governments who refuse to share information they learn about an individual's immigration status with Federal immigration authorities. Pelosi’s hometown of San Francisco is one of the sanctuary cities she voted to protect for the benefit of illegal aliens. Pelosi even voted against strengthening our immigration law with regard to the deportability of alien terrorists.
Jim Gilchrist cut to the chase with this devastating observation that the mainstream media does not want you to read:
"As we’ve shown again and again in ‘Minutemen,’ the Democrats aren’t just hypocrites, but are working actively to subvert our legislative system to their own ends. Their only goal is votes, votes and more votes, no matter where they come from, no matter if they’re cast legally, no matter whether the person casting them is dead, alive, a citizen or an illegal alien."
Pelosi sees Jim Gilchrist’s Minutemen Project as a threat to her pro-illegal alien agenda. More illegal aliens mean more votes for the Democrats and more grape-pickers for Napa Valley vineyards like hers. So she even voted against a measure that would have cut off the use of U.S. taxpayers’ funds to tip off illegal aliens as to where the Minutemen citizen patrols may be located! She obviously wants to see the Minutemen put out of business – permanently. She can count on the liberal press to distort the work of the Minutemen and to keep out of the public eye Gilchrist’s pointed questions about her motivations for helping illegal aliens during the run-up to the mid-term elections that may make her the next Speaker of the House.
Gilchrist, of course, is accustomed to being vilified and prevented by the Left from getting his message out. In early October, he was prevented from finishing his speech at the "Minutemen Forum" sponsored by the Columbia College Republicans. Gilchrist had spoken for just a few minutes and managed to utter the words “I love the First Amendment” when a group of radical protestors took the stage and interrupted him, displaying a big banner saying "There are no illegals." More protestors then stormed the stage. Chaos erupted and the audience members who had come to hear Gilchrist speak never got the chance, which was precisely the protestors’ objective. As reported online by the staff of Columbia’s undergraduate newspaper, “a mosh pit of triumphal students and community members danced and chanted outside, "Asian, Black, Brown and White, we smashed the Minutemen tonight!" They also put out a statement declaring:
“The Minutemen are not a legitimate voice in the debate on immigration. They are a racist, armed militia who have declared open hunting season on immigrants, causing countless hate crimes and over 3000 deaths on the border. Why should exploitative corporations have free passes between nations, but individual people not? No human being is illegal.” (Emphasis added)
We have come to the point in this country where a bunch of radical protestors get to decide who is and who is not a legitimate voice in the debate on as critical a public policy issue as immigration. Such Leftists think that migration in a borderless world is a basic human right. They want no barriers, no guards, and no proof of lawful residency. They certainly do not want the Minutemen watching the border and reporting illegal entry to the authorities.
Leftist slogans like “no human being is illegal” are red herrings. It is not the human being who is illegal; it is what the human being does that may be illegal. One’s conduct is the test, not simply who one is. Immigrants who follow our rules are welcome here. Those who do not abide by our laws have no right to be here. A person who breaks into your house without your permission does not deserve room, board and a job as a reward, even if the intruder may be much poorer than you. He has broken the law and deserves to be punished for what he has done. Our country’s boundaries and rules for entry and residency similarly define who is permitted to be here and how we choose to protect ourselves. We are a land of immigrants, but we are also a land of laws with certain core values. Those seeking to enter our country and remain here must learn to accommodate to our laws and values, not the other way around. That is the way prior generations of immigrants did it, including those who passed through Ellis Island. Why should the law be thrown aside now?
What we are witnessing is a frontal challenge to our nation’s sovereignty. Mexico’s Foreign Secretary wants to drag us before the United Nations for intending to build a fence on our side of the border with our money to keep out aliens who seek to enter our country illegally. They will probably get a sympathetic ear as some UN bureaucrats believe there should be no such thing as “illegal” immigrants in the first place. For the first time in our history, Americans are being asked to cede the right to decide how we define ourselves as a nation and protect our own borders to a globalist governance body. Will Pelosi lead her liberal loyalists as House Speaker to support the UN against America’s right to control its own borders? Do we really want to risk finding out?
It is high time, as Jim Gilchrist demanded in the press release ignored by the mainstream media, that Pelosi come clean under oath as to her personal stake in the illegal immigration issue before she can do even more damage as House Speaker.
Pelosi - Illegals - Sunkist - Her investments!
Pelosi's corrupt insider passing of bills that make her rich.
Check for yourself
http://www.factcheck.org/askfactcheck/did_nancy_pelosi_get_wage_breaks_and.html
Speaker of the House Nancy Pelosi's home House District includes San Francisco.
Star-Kist Tuna's headquarters are in San Francisco, Pelosi's home district.
Star-Kist is owned by Del Monte Foods and is a major contributor to Pelosi.
Star-Kist is the major employer in American Samoa employing 75% of the Samoan workforce.
Paul Pelosi, Nancy's husband, owns $17 million dollars of Star-Kist stock.
In January, 2007 when the minimum wage was increased from $5.15 to $7.25, Pelosi had American Samoa exempted from the increase so Del Monte would not have to pay the higher wage. This would make Del Monte products less expensive than their competition's.
Last week when the huge bailout bill was passed, Pelosi added an earmark to the final bill adding $33 million dollars for an "economic development credit in American Samoa".
Pelosi has called the Bush Administration "corrupt".
Check some more for yourself
http://www.snopes.com/politics/pelosi/americansamoa.asp
Conservative Activist Jumps Pelosi's Fence With Illegal Aliens to Prove a Vital Point
Conservative activist Laura Loomer, who is known for going undercover with James O'Keefe, took alleged illegal aliens from Mexico and Guatemala to Speaker Nancy Pelosi's home in California. There, the group jumped the fence and Loomer demanded the group be let into the home. The group set up a pop up tent with the word "morality" on it and hung the pictures of those who were killed by illegal aliens, The Daily Caller reported.
Pelosi Pushes Electric Vehicle Subsidies As Husband’s Tesla Stock Soars
Pelosi Pushes Electric Vehicle Subsidies As Husband’s Tesla Stock Soars
Paul Pelosi owns up to $1 million of Tesla call options
House Speaker Nancy Pelosi (D., Calif.) gives a speech as Rep. Ilhan Omar (D., Minn.) looks on / Getty ImagesChuck Ross • October 28, 2021 5:00 am
SHARE
House Speaker Nancy Pelosi's (D., Calif.) husband hit pay dirt on Monday as Tesla's valuation rose to $1 trillion.
The news comes as Pelosi spearheads legislation that doles out tens of billions of dollars in subsidies to the electric vehicle industry, including Tesla, with provisions to build charging stations for cars and incentivize electric car purchases through tax credits.
The financial dealings of Pelosi's husband, Paul, came under scrutiny earlier this year when he purchased as much as $1 million of Tesla call options, one of the largest transactions of Tesla shares disclosed by a member of Congress. At the time, Republicans charged that the House speaker was cashing in on her power.
Members of Congress and their spouses are legally allowed to buy and sell stock, as long as it is not based on insider information. Members are required to disclose their transactions to the House Committee on Ethics, as Pelosi did with the Tesla transaction on Jan. 21.
Pelosi is spearheading negotiations with the White House as Democrats look to pass Joe Biden's Build Back Better plan and a reconciliation bill that includes the electric car incentives. Tesla, a pioneer in the electric car industry, is poised to see a significant boost from the legislation, according to industry watchers.
Democrats are proposing nearly $120 billion to fund various clean energy projects, and another $34.5 billion dedicated to zero-emission vehicles. The reconciliation bill also proposes $42 billion in tax credits for purchases of electric vehicles, which Democrats hope will incentivize new car buyers to purchase electric vehicles instead of gas-powered cars. The bill offers up to $12,500 in credits for each car. It also calls for tens of billions of dollars in spending to build charging stations for electric cars across the country.
Tesla's dramatic rise is likely attributable to several factors beyond the Democrats' spending proposals. Tesla founder Elon Musk recently announced he is moving the company's headquarters from California to Texas, which has no state income tax. Tesla's cars have also gained in popularity without federal incentives.
And while Tesla and other clean energy companies stand to gain with environmentally friendly Democrats in power, the company opposes some aspects of the reconciliation proposal, such as an additional credit for the purchase of electric cars made in unionized factories. Musk has publicly opposed unionization efforts.
Pelosi's office did not respond to requests for comment.
No comments:
Post a Comment