Paul Pelosi is the luckiest man on earth. He continues to make millions on stocks by gambling on what legislation is passed by congress.

You may recall that a few years back he bought into a VISA IPO even though there appeared to be a reason to believe that the House would pass legislation that would hurt the value of the stock. But, miraculously the bill failed.

The bill eventually did pass, but lucky Mr. Pelosi had just sold his stock before that happened. What an incredible turn of luck.

Recently, the fortunate Mr. Pelosi purchased stock options in a company called Nvidia, a leading manufacturer of computer chips.

His investment is between one and five million dollars. It was a risky move, but when you are as lucky as Mr. Pelosi, what the heck, take a chance.

Pelosi’s luck was the deciding factor and his purchase comes just before congress brought forth a bill that will give chip manufacturers billions in subsidies from the federal government and in addition to that, there will be tax breaks that will mean even more money to the chip manufacturers.

To the best of my knowledge, the only other man this lucky in the United States is Richard Blum. He is also known as Mr, Dianne Feinstein and quite coincidentally the husband of a powerful woman in Congress.

These two men must carry around pocketfuls of rabbit feet and horseshoes. Can you think of any other reason these men could be so lucky? I know I can’t.

From The Gateway Pundit

The New York Post reported:

House Speaker Nancy Pelosi’s husband purchased up to $5 million in stock options on a computer-chip company ahead of a vote on legislation next week that would deliver billions of dollars in subsidies to boost the chip-manufacturing industry, new financial disclosures show.

Paul Pelosi purchased on June 17, 20,000 shares of Nvidia, a top semiconductor company, worth between $1 million and $5 million, the Daily Caller reported, citing disclosure reports filed by the House speaker.

Reuters reported:

Voting in the Senate on a bill to boost the U.S. semiconductor industry and improve competitiveness with China could begin as early as Tuesday, Senate Majority Leader Chuck Schumer has been telling lawmakers, a source familiar with the issue said on Thursday.

The source said the bill would include, at a minimum, billions of dollars in subsidies for the semiconductor industry and an investment tax credit to boost U.S. manufacturing.

One more bit of luck for Mr. Pelosi is that the Speaker of the House is against forbidding members of Congress from playing the stock market. Or their spouses.

Doug Goldsmith

View all posts

27 comments

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

  • One lucky SOB! They just keep getting richer while everyday citizens get poorer and poorer, Biden’s agenda “if Manchin and Sinema cave in to Communist Schumer then taxes will rise to the level of death by starvation while the Communist Democrats and Rinos will prevail..

  • Yeah, … its called insider trading. Most people go to prison for indulging themselves in this practice. BUT, if your wife is the Speaker of the House, AND knows the vote count in advance of voting on a particular bill, you can easily know which stocks will be getting BILLIONS OF DOLLARS OF FEDERAL SUBSIDIES! THAT translates to the “insider trader” to know EXACTLY when to buy, and EXACTLY when to sell! The Pelosi’s are just downright evil and corrupt! Plus they are in favor of killing babies in the womb, …. another reason they will spent eternity in “the smoking section”!

  • Insider trading compliments of his wife nasty Nancy! Last I knew this was illegal! They should both be investigated and in prison. But just like everything else they will get away with it because they can!

    • If the Clinton’s can get away with murder what makes you think insider trading will be treated any more seriously.

    • Who says crime don’t pay? It does if you are high up in our corrupt to the core government. My guess is for the highest amount would be the Clinton’s and they got away with it. Expect nothing less from the Pelosi family. Both families appear to be on the “Untouchables List.”

  • Why does Intel and AMD need government subsidies? If they need money, they should be asking their investors. It’s not like they are broke. Computer processors aren’t exactly cheap. The government shouldn’t be giving government subsidies to any industry. sink or swim. It’s just another form of socialism. That’s what the governments do in Europe, Russia and Communist China do. They subsidize their economy with tax money. For years America used to complain about the unfair advantage Europe had over the U.S. because European Governments subsidized their industry. Now the U.S. wants to be just like Socialized Europe, Free health care and college for everyone, you’ll just pay for it at the pump, and what goes along with Socialism, one gets a government run like Communist China. One day the voters are going to wake up, and realize just how corrupt their Democrat politicians are. Politicians are in it for them, they could care less about their constituents, and that’s why Pelosi is worth at least 100 million, because she cares so much about the people she represents. They put Martha Stewart in jail for insider trading. These corrupt politicians to this day, have been doing this all along. One thinks politicians are in it for the measly $175,000/yr. salary? They are in it for the under the table deals. Just like Lying Corrupt Quid Pro KING Joe and the millions he made under the table from Communist China. My how the voters just love their corrupt politicians, otherwise they wouldn’t keep voting for them.

    • If the voters haven’t woke up in states like Cal. and New York what makes you think the voters will ever wake up?

  • One would think that Pelosi has enough money ratholed over they years but apparently they need more. I feel sorry for them because in a few short years, they’ll be gone and will have never spent all the ill-gotten money.

  • EVER HEARD OF CRIMINAL CHARGES — time to enforce them on people like the Pelosi’s who use our government for their private enrichment.

    • @Marlopi

      Well, when they conveniently have criminals in charge of running the Department of [in]Justice for their equally treasonous criminal pals, it’s a forgone conclusion that they literally can get away with murder and everything else.

      And, never forget that these are the very same smug snakes who have concerns about every $600.00 that goes in or out of everyone else’s bank accounts!

  • The corruption of Nancy Pelosi never ends and no one does anything about it. She and her family have made tens of millions in the stock market utilizing inside information which is a crime. Ask Martha Stewart about what happens when you commit insider trading and refuse to cooperate with the government by pleading guilty. She got hammered over what I believe was a $25,000 fraud. Compare the two and try to argue there aren’t two systems of justice in our country.

  • Bless her heart, poor Nancy could not possibly have known nor even considered giving this information to her beloved “husband” who was recently charged with DUI and a female “person” in the car with him that wasn’t Nancy. No, not our Nancy. He#%, she would give her soul to anyone who could add to their combined fortunes $$$$$$$millions, all made since she has been in Congress with a salary of $174,000 annually. But, no she is such a devout Catholic, so much so that even when denied communion by her San Francisco Cardinal, she went over his head to the Pope who gave her communion. Money and celebrity may influence the Pope, but it won’t influence God. Nothing to see here folks, absolutely nothing!

  • Why even bother to write about these crooks as nothing is ever done about it even when the evidence is overwhelming. Sorry I keep forgetting laws were passed for everyone but the rich and powerful democrats.

  • Among the Bidens, Obamas, Pelosis and Clintons there is rampant corruption in the US government. If the US is to continue as a functional country, this MUST be stopped somehow.

  • One has to wonder why I am voting at all. The Republicans are just as corrupt as Pelosi & Co. RINO Beijing Mitch seems to be open to the idea of giving 62 billion in subsidies to chip manufacturers. That amounts to nothing more that amounts to nothing more than socialism. European Governments, do it all the time. The American taxpayer, shouldn’t be subsidizing any company. It’s up to the chip manufacturers to sink or swim.

  • It is called insider trading, and if you think that Nancy did not give him a tip, you are out of your mind. These people should be put in jail, if heaven’s sake, even Martha had to spend time in jail!!

    • Merky don’t forget originally they passed the law insider trading was against the law for everyone but them. There was such an outrage that they went back in and included themselves, or at least on paper not reality.

  • Pelosi needs to be arrested for insider trading . every time she knows of a bill or a stock situation comes up she informs her husband and he buys stock that she has informed him on . This is insider trading information that should not be allowed to them and that makes it a unlawful situation just like Martha Stewart who spent time in prison for the same dam thing. Pelosi needs to go and they her and her husband need to be arrested .

GET MORE STORIES LIKE THIS

IN YOUR INBOX!

Sign up for our daily email and get the stories everyone is talking about.