On Wednesday, Democratic House Speaker Nancy Pelosi insisted there was no reason sitting lawmakers and their spouses should be banned from trading stocks. “This is a free market,” she explained. “We're a free-market economy and they should be able to participate in that.”
Pelosi knows what she’s talking about — since she and her husband have benefited greatly from participating in that free-market economy.
Find out about that and much more in today’s Midday Poster below, exclusively for subscribers.
I remember when Donald Rumsfeld refused to divest his portfolio when becoming Sec Def. Speaker Pelosi is demonstrating the same hubris. It is just sickening.
This from the film Casablanca:
Ugarte: You despise me, don't you?
Rick: If I gave you any thought I probably would.
Ugarte: But think of all the poor devils who can't meet Renault's price. I get it for them for half. Is that so parasitic?
Rick: I don't mind a parasite. I object to a cut-rate one.