House Speaker Nancy Pelosi just gave some information about some very suspicious stock purchases that her husband Paul made earlier this year.
It's nothing unusual to purchase stocks throughout the year, especially when you're filthy rich like the Pelosi family, but it seems like there may be something shady going on.
Paul Pelosi, a venture capitalist made a $4.8 million purchase of Amazon shares, that's 3,000 shares, but did so paying $300 less per share than what that stock was trading for that day. It just so happens that Jeff Bezos also owns the Washington Post.
The Amazon options had a strike price of $1,600, nearly $300 below the price Amazon shares were trading for that day. He bought 3,000 shares — he had previously held only options at the end of 2018, according to a filing.
He bought 5,000 shares of Facebook, 3,000 of which had a strike price of $140 and the rest had a strike price of $150. Facebook traded around 37% above the lower strike price the day he exercised the calls. Prior to the purchase, Paul Pelosi already held between $500,000 and $1 million in Facebook stock, a filing shows.
On the same day Paul Pelosi made the purchases, Senator Pelosi criticized Facebook for "schmoozing" with the Trump administration. "I think that they have been very abusive of the great opportunity that technology has given them," she said in a press conference, adding, "My thought about them is that all they want is their tax cuts and no antitrust action against them."
"They intend to be accomplices for misleading the American people with money from god knows where," she said.
Remember when Nancy Pelosi was seen tearing up the President State of the Union speech back in February? She tried to use her staff to force Facebook to remove the video of her atrocious act. A spokesman for Facebook Andy Stone responded to Pelosi's Chief of staff saying, "Sorry, are you suggesting the President didn't make those remarks and the Speaker didn't rip the speech?"
Stone then reasonably explained the Facebook policy, "The reason I was making the point about the fact that the things featured in this video actually happened is because that's a key element of our policy on content like this."
The Pelosi family has made at least $600,000 on their very suspicious stock purchase.
Trending Political News
Lawsuit: Chipotle Keeps Change, Without Customers' Consent
According to a new lawsuit filed on Thursday in Allegheny County Common Pleas Court, Chipotle is keeping change from customers' orders, without their permission. The rounding up on tabs in some Chipotle chain locations has quickly added up to hundreds of thousands of dollars stolen from customers.
Yikes! Lawyer Frank Salpietro said he believes this is a move by corporate bosses: “It has become very clear that this is a top-down directive from the corporation, this is how they should handle the situation."
Nancy Pelosi: Murdering Babies “Unleashes the Power of Women”
On Wednesday, House Speaker Nancy Pelosi declared that killing unborn babies with abortion "unleashes the power of women."
What a morbid thought process. If you need to murder your unborn baby to "unleash" your power then you never had any power to begin with. That is such a weak, evil mindset.
Satanic Billie Eilish Cries 'Trump Destroying Everything We Care About'
Pop star Billie Eilish is a teenager who is mad at the world. Now her focus of anger is President Donald Trump.
The 18-year-old proclaimed on Wednesday at the Democrat National Convention that Trump “is destroying our country and everything we care about,” and “we all have to vote like our lives and the world depend on it.”
Harris DNC Speech: 'No Vaccine for Racism' — No Vaccine for Being a Whore Either
Senator Kamala Harris touched on the coronavirus pandemic as well as racial "injustice" during her speech at the Democratic National Convention.
She argued that there is an effect of “structural racism” and “injustice” in the United States, pointing out that minorities are being affected worse by the coronavirus.
Victory in California! Federal Appeals Court in California's Strikes Down Anti-2A Legislature
For hundreds of years, America has always seen as the land of opportunity. People have come from all over the world to have the change at a life of opportunity and freedom in America.
Countless people have come and experienced success or raised children who became successful. It has truly been a land of opportunity.
Savage Black Lives Matter Runs Over and Beats Raccoon, 'Only White People Worry About Animals'
Black Lives Matter only cares about one thing...themselves.
I mean that with all sincerity. I'm not saying that black people only care about themselves. These are two different things.