‘PELOSI ACT”: Pelosi Sells $3 Million of Google Stock Before DOJ Opens Lawsuit Against Google to Break It Up
In what world, what America, is this not punished? Are we so far beyond repair that if you are a Democrat, absolute corruption is rewarded absolutely?
Josh Hawley introduces PELOSI Act to bar lawmakers from trading stocks and profiting while in office
A Republican in the U.S. Senate is looking to prevent lawmakers and their spouses from trading stocks on which the officials would have privileged information and used the bill’s title to make a not-so-subtle dig at former House Speaker Nancy Pelosi.
On Tuesday, Sen. Josh Hawley, R-Mo., introduced the PELOSI Act, officially the Preventing Elected Leaders from Owning Securities and Investments Act, requiring members and their spouses to divest any holdings or put them in a blind trust within six months of entering office.
“Members of Congress and their spouses shouldn’t be using their position to get rich on the stock market – today l’m introducing legislation to BAN stock trading & ownership by members of Congress. I call it the PELOSI Act,” he wrote on Twitter Tuesday.
REPORT: Pelosi sold $3 Million of Google stock 4 weeks ago. Yesterday, the DOJ opened a lawsuit against Google to break up their tech monopoly.
Pelosi gets a free pass for white collar crime. Anyone else would be in jail.
— Collin Rugg (@CollinRugg) January 25, 2023
“Blatant Insider Trading”: Pelosi Stock Trade Goes Viral, Internet Accuses Her of White Collar Crime
By Collin Rugg, Trending Politics, January 25, 2023
On Tuesday, the Department of Justice launched a massive lawsuit against Google, claiming the internet giant has an illegal monopoly on online advertising.
By acquiring competitors, Google “has corrupted legitimate competition in the ad tech industry,” the government said in their argument. “Google uses its dominion over digital advertising technology to funnel more transactions to its own ad tech products where it extracts inflated fees to line its own pockets at the expense of the advertisers and publishers it purportedly serves,” the suit claims.
The story gets weirder however considering San Francisco Rep. Nancy Pelosi made an eyebrow raising stock trade just four weeks before the suit was announced.
“The DOJ has officially opened up a lawsuit against Google to break up its Ad Technology Monopoly,” reported the popular Nancy Pelosi Stock Tracker Twitter account. “Pelosi sold $3 Million dollars worth of Google just four weeks ago. Wild.”
Article posted with permission from Pamela Geller
