July 4, 2024
Property and Financial Crimes

How Do Politicians Keep Getting So Rich?



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How Do Politicians Keep Getting So Rich? – Second Thought
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Citations and Further Reading:

Average American salary

0.1% of Americans by wealth

Wealth increases in congress

Majority of lawmakers are millionaires

Pelosi net worth

Pelosi investments and returns

Pelosi says no

Richard Burr’s pandemic article

Burr’s stock dump

Stock dump investigations closed

Business insider investigation into insider trading

Studies on congress stock returns

2017 Public Citizen report

$3.7 spent on lobbying

Top spenders

Nancy Pelosi $180,000 in lobbying

$1 lobbied = $760 return

⅔ of politicians go into lobbying

Lawmakers get pay raise for going into lobbying

Nancy and Paul Pelosi Visa lobbying/investment

Lobbying

Revolving door

Insider Trading

Being wealthy going in

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31 Comments

  • @Hello_jo June 29, 2024

    Pelosi is a criminal and should be in prison

  • @krscott7 June 29, 2024

    How are they allowed to destroy and cause lethal harm against Americans !!! Orchestrate evil stuff !!!

  • @timmigrant6597 June 29, 2024

    Its not 3 times less, which would mean losing $348,000 yr, but rather 1/3 or one-third. That said, assuming they invest themselves is naiive. There are great investment firms that will charge you 1% of your account value annually, but require a minimum of 3 to 5 million. Such firms, from 1993-2023, averaged net returns of 12% after tax. So $1 million turns into $28 million in 30 years. Pelosi is 84. Her husband owns an real estate and investment firm. They live in San Francisco. Its highly likely she had at least $5 million in 1990 at age 54, and had advice from her husband – Apple isnt that far from home.

  • @greghagen6399 June 29, 2024

    McConnell's net worth is $35 million,.. did he ever explain how that cocaine got on his ship?

  • @Piromysl359 June 29, 2024

    This politician got rich by abusing their administrative authority?
    The solution is more government! 🤣

  • @Kelvin555s June 29, 2024

    Americans don't understand the citizens are there for paying tax and serve as foot soldier for politicians war and money.

  • @pliashmuldba June 29, 2024

    That is easy. the reason is the flaw in our democracies.

    Flaw #1 Allowing them to " serve " forever.
    Flaw #2 Allowing family dynasties.
    Flaw #4 like the old Greek safety measure we do not vote out the worst performers regularly. Though the old Greek setup of Ostracizing and getting them all the way out of the country might be a little steep, i would settle with a lifetime ban on political jobs.
    Flaw #5. Parties decades old,,,,,, well no good, really a political party should as best exist for 50 – 60 years before the necessary decisions they made made PPL not voting for them.
    CUZ that is why politicians exist, to take the unpopular decisions PPL otherwise would otherwise not make.

    My country a very well one PPL often pull out of the tailpipe,,,, absolutely 0 rulers for lobbyists, and this is also the #1 least corrupt country in the world,,,,,, LOL

  • @TJB-zt9tx June 29, 2024

    A goverment for the government, by the government. But, screw you, no one asked you.

  • @ports10r June 29, 2024

    Insider trading. Stealing, and bending the public over.

  • @markwilliford4567 June 29, 2024

    Term Limits

  • @Dave1507 June 29, 2024

    yeah well, it's easy to "speculate" when you don't have to guess…

  • @dalereynolds7638 June 29, 2024

    Excellent.

  • @BibleSamurai June 29, 2024

    insider trading

  • @josephmann4236 June 29, 2024

    They lie to everyone! That’s how they are so greedy
    And unfortunately rich. One day, They will all get theirs.

  • @lonelyp1 June 29, 2024

    Insider trading, kickbacks, and lobbyists bribes, what do you think?

  • @DunkYTP June 29, 2024

    Lobbying and insider trading should be illegal but those things can only benefit the rich and powerful so it's legal. It just looks like the law was only created to keep the great unwashed under control.

    That's why I think Bush had something to do with 9/11. Create an enemy, have something disastrous happen to use an excuse to attack that enemy. Go to war with that enemy after investing in defence, people pay more taxes over inflation, and that tax money goes to the defence companies, driving up their stock price and enriching politicians. I'm sick of liberals thinking Democrats are completely innocent when they do all of this themselves while distracting people with divisive politics.

  • @peterr1163 June 29, 2024

    CORRUPTION

  • @danblackwelder5261 June 29, 2024

    Most likely from the donor racketeering between military government financial and the congressional votes for the money and the donations from the military and interested donors to the congressional campaigns. Also insider trading on Wall St. Extremely corrupt system. More war and military, more financial gain for this racket.

  • @FarCryYoutube June 29, 2024

    Hear me out. When you make changes to rules or laws and understand thoroughly who it will impact. YOU WILL KNOW WHAT TO INVEST IN.

    No one else will know this without luck or insider information.

  • @TonneMiessek June 29, 2024

    They rob those called by God's name, make them poor by stealing their finances and are hardly never reprimanded for their actions. Then they take the money they coveted and employ satanic kingdoms to oppress those they robbed. If this is not the devil then I don't know what is.

  • @terrellburnett3981 June 29, 2024

    Be careful for whom you vote. Get involved in politics at the local level. Send what you can afford to your candidate. Shame the politicians who don’t support the working level people.

  • @toadinthehole8085 June 29, 2024

    Next the issue of the privilege any American president has at his disposal ,,,,,, pardons for convicted prisoner's !!!

  • @scepticusthegreat June 29, 2024

    Bro just makes a video and then offers zero solutions💀

  • @SungDaeHan June 29, 2024

    Yeah she made money off DEI and race market

  • @thomaswery3087 June 29, 2024

    instead of halving a cap on the wealthy let's have a cap on politicians wealth

  • @user-jo3wu7qj1h June 29, 2024

    Easy, insider trading is encouraged and practiced religiously 🤮💰💰😊

  • Has anyone done this analysis for Corporate Joe Biden?

  • @aghouser4159 June 29, 2024

    Off of our fucking backs and blood.

  • @lesleylamy June 29, 2024

    By making us pay for their mistakes

  • @Retsler54 June 29, 2024

    Fredrik Reinfeldt, former prime minister, is now having a salary where he for every two years earn more than the average worker does in a lifetime. Fredrik Reinfeldts legacy is mass migration. Selling out makes you rich / Sweden

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