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As of 2020, House Speaker Nancy Pelosi, a Democrat, and her husband, real estate developer Paul Pelosi, had accumulated a combined $315,000,000 in wealth, and according to an investigation by Fox News host Jesse Watters, something about this doesn’t seem right.
During a segment Saturday on Fox News’ “Watters’ World,” he dug deep into her and her husband’s past and discovered nuggets of information suggesting corruption may be afoot.
He started by noting that sometime after Pelosi’s husband opened the real estate and venture capital investment and consulting firm Financial Leasing Services, Inc., he used his newly made “connections” to push her into politics, “helping her get elected to Congress in 1987.”
Following her election to office, their wealth exploded.
“The couple has timed the market perfectly over the years while Nancy’s been a Washington insider. Real, estate stocks — the Pelosis always know what the right investment is. Since getting married, they’ve acquired a mansion in Napa Valley, a vineyard home worth up to 25 million — [a] real luxury,” Watters said.
An aerial view of the vineyard home can be seen below:
“It’s on 16 acres. Pelosi has a gorgeous waterfront condo in the exclusive K Street region in D.C. now worth over two million. She has a multi-million dollar red brick mansion in California’s Pacific Heights. And Paul owns at least two commercial properties in San Francisco,” the Fox News host continued.
The most recent wealth explosion occurred after she became House speaker again in 2018.
“That year, her financial disclosure report revealed a net worth of over 114 million. Then in 2019, Pelosi’s assets totaled up to a whopping 271 million. And in 2020, those numbers went up even more to as high as 315 million bucks. Quite a lot of crumbs,” Watters said.
He then asked the question on everyone’s mind: “Where’s the money coming from?”
According to Watters, the evidence suggests — but does not definitely prove, he stressed — that the Pelosis have been engaging in insider trading.
“In 2007, Visa worried the new Democrat Congress would target their swipe fees, costing them billions, so they hired a team of lobbyists who descended on Pelosi. Visa’s CEO personally met with her. She got donations from him. One of Nancy’s advisers left and became a Visa lobbyist himself — the ol’ inside-outside game,” he said.
“Now get this: Suddenly [that same year], Paul Pelosi got a phone call from his broker; he was in luck. Paul was offered a pre-screened invite to get in early on Visa’s 18 billion dollar IPO. Did Nancy and her husband hesitate? No, they bought between one million and five million worth of Visa stock.”
That seems awfully coincidental …
Watters continued by noting that similar patterns of behavior have been spotted numerous times in the past few years alone.
“In March, Paul Pelosi exercised two million dollars worth of Microsoft options just two weeks before the tech giant got a 22 billion dollar contract to equip the U.S. Army with high-tech headsets. In January, the Pelosis got a million dollars worth of Tesla stock right before Joe Biden announced electric car incentives,” he noted.
“In June, the Pelosi family cashed in big time. Just before Congress was set to pounce on big tech, Mr. Pelosi exercised options on Google’s parent company, Alphabet, making an easy 5.3 mill.”
Paul Pelosi, husband of Speaker Nancy Pelosi, bought between $850,000 and $1.75 million in Microsoft stock, between $500,000 and $1 million in Alphabet (parent company of Google) securities, and between $250,000 and $500,000 in Slack stock. These all took place in late February. pic.twitter.com/UCirF2bXhs
— Chris Marquette (@ChrisMarquette_) April 27, 2020
Either the Pelosis are financial psychics, have the luck of devil or are up to no good …
Of course, neither Pelosi nor her husband have ever been indicted.
Nevertheless, “her marriage investments and access combined with extremely fortunate timing have created a lot of suspicions,” according to Watters.
“All we’re doing is following the money, and there sure is a lot of it,” he added before introducing a guest, Government Accountability Institute president Peter Schweizer, to hear his take.
Schweizer said straight-up that the signs point to something nefarious being at play.
“The bottom line is we don’t mind if people make money with investments. The question is, is it wedded to your political power, and in the case of the Pelosis, they not only got that Visa IPO stock, they’ve participated in at least 10 IPO stocks,” he said.
“And these are unusual. These basically go to company founders and insiders. The fact that a politician’s family is allowed to participate in an investment that when it goes public generally doubles in value, often is is a real indicator that there’s a problem.”
Schweizer also provided another glaring example of potential corruption.
“They own an office building on Belden Street in San Francisco. Nancy Pelosi steered 200 million dollars in federal money to build the Third Avenue Light Railway System in San Francisco. Guess where one of the stops of that light railway system actually stops. [It stops] within two blocks of their office building,” he revealed.
“That matters because there’s something called the transit premium. If your building is within two blocks of a subway or railway stop, it effectively doubles the value of it. And that’s precisely what happened to the Pelosis’ real estate.”
Coincidence or conspiracy?
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