Congresswoman Nancy Pelosi decided to retire after 38 years in office. Poor Nancy will have to live out her golden years on her government pension and her net egg of $133.7 million dollars. Pelosi and her husband Paul really know how to invest. The return on investment over 38 years is 16,930%! Warren Buffet should have called Nancy for advice!
Do you think Nancy Pelosi really cares about her constituents? How many of her votes before her in Congress benefitted her? Lots. How many votes affected her constituents negatively but not her portfolio? 38 years in office, millions of dollars in dividends and no inquiry from an ethics panel? No. You know why. Because both parties do it! If we used knowledge that would greatly help our stock portfolio, we would go to jail!
This will continue until the end of time unless we have 1) term limits and 2) blind trusts for all members. But we know this will never happen.
