What Is A Femme-A-Gogue
How To Tap Dance 101
I'm known, at times anyway, to be a bit outspoken and some people just call me blunt. The subject here is Nancy Pelosi. Yes, I know I'm talking about the Congresswoman of the district who run Hub pages, but that sure won't ever influence me in writing about an elected official who shouldn't be representing anyone. She likes to see herself as the champion of "little people" but I happen to disagree her self-assessment.
This obviously hasn't been a good year for San Fran Nan. First, she had to hand over her coveted gavel to those despicable Republicans in the House. I'm sure that brought bile up into her mouth. She had almost guaranteed that the Democrats were going to retain the majority in those hallowed halls despite what was quite evident going into 2010 election. She has this thing evidently about having to give up her crown and go back to being a back seater. Now I've been tracking the insider information debacle that surfaced concerning Pelosi and the credit card reform bill that she rammed through when she was Speaker of the House. Something smelled a little fishy about it but I remained quiet.
Pelosi has a husband you know. A lot of her "investments" are funneled through that conduit rather than herself. I recall the "Starkist minimum wage" affair where there were investments made by her husband in the industry in Samoa Now her ardent supporters will cry foul claiming Snopes calls it a fabrication which isn't true at all. Starkist workers in Samoa were exempted from having to be the new minimum wage that was enacted at the time of the incident if you have a memory for such things. That makes no sense at all to me except from a strictly insider economic view of the situation. You can read about it on Snopes if you care to. The hand was in the cookie jar but the extent of the investment involved was obscured so the truth was a bit fuzzy.
Then along comes the revelation that again, her husband somehow mysteriously knew to invest their cash in an IPO that was linked to the credit card bill. Now isn't that convenient. I bet you that "the little people" weren't given that knowledge. Now this is just be an illusion you see according to Pelosi. But how was it that the couple made an investment of 5,000 VISA shares at the very same time her democratically controlled House was considering the issue of credit card regulations. Just a coincidence? How was it that they made a killing when, after the bill was passed, they more than doubled their initial investment in the IPO? Just a coincidence? Watch the video to see her reaction when she was publicly questioned about the incident. She never bothered to really answer the question and still hasn't to this day.
Tap Dancing At Its Finest
So what exactly wasn't true? They did invest in the IPO while she was the Speaker and was ramrodding that bill through. False premise? Hilarious! So I continued to follow along and I'll be if the next thing hasn't sailed over the horizon. The "Untouchable Nancy" rides again only in a different arena.
Most people know who T. Boone Pickens is. If you don't, he is a renowned name in the natural gas industry and not so famous a name in the wind industry which hasn't been exactly a success. There is a bill presently in the House called the New Alternative Transportation to Give Americans Solutions Act of 2011. That bill has to be passed by December 28th and is stuffed with $9 billion of natural gas subsidies that Pickens would like to pick clean. T. Boone just happens to be the major investor in a company called Clean Energy Fuels and also, according to the SEC anyway, owns options to buy another 15 million shares at 10 bucks a whack. Those options have an expiration date of December 28th so he has some skin in the lobbying game to get the NATGAS Act passed before that time as it would make those shares sail through the investment roof.
So let me establish the link for you. Who also happens to own shares in Clean Energy Fuels? Well it's Pelosi, imagine that. Just another coincidence I suppose. It seems that the former Speaker bought somewhere in the 50 - 100K range of stock in Clean Energy Fuels on the very day the IPO was unveiled on the market. Just check her financial declaration to see how much Pelosi profited back in 2007. That financial disclosure form has listed: "assets and 'unearned income' of between $100,001-$250,000 from Clean Energy Fuels Corp. -- Public Common Stock."
So who profits, besides T. Boone, if the $9 billion in subsidies is somehow smoke and mirrored through the House? Just another coincidence I suppose. In the meantime she is now masquerading around being the champion of banning insider Congressional trading. Maybe when the jig was up she changed her tune. Remember her and Downer Debbie Wasserman Schultz riding to the supposed rescue of Anthony Weiner during Weinergate? Or maybe you can recall Oregon Representative David Wu, another pervert, who was shielded by Pelosi until public opinion caused her to call for an investigation by the ethics committee. Then there is Maxine Waters and the stalled trial by that same panel. Congress and ethics is an oxymoron. Or the penalty that Charlie Rangel was handed for being a tax cheat under her watch.
Somehow the sheen should be wearing thin surrounding the Queen. This is the same woman who claimed she was going to drain the Congressional swamp of all those alligators. Instead of looking out for "the little people" she seems to be intent on running to the bank and depositing those tax payer dollars that she is profiting from. Just a coincidence? It truly has been a hard year on Nancy but apparently not on the Pelosi fortunes.
I'm just sayin...
The Frog Prince