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Our professional political class makes millions through their connections and advance knowledge of goings-on in the private sector and legislative developments.
Nancy Pelosi made tens of millions and has a stock trading pattern that people track because it outperforms stock indices by extraordinary amounts even long after she makes the trades. Biden has unexplained wealth, Hunter’s been a busy boy. Trump is clearly attempting to feather his nest, he doesn’t even hide it.
I read a ten-year-old assessment in the changes of net worth among U. S. Senators and representatives. Eight of them had 300% or greater increases in their net worths while in office (seven of them were Democrats, incidentally). (R) Trey Gowdy was #9 at 278% return, but that was only to $178k total. Chellie Pingree, (D-Maine) had a 73,039% increase to $40 mms.
Changes in Net Worth of U.S. Senators and Representatives (Personal Gain Index) – Ballotpedia
With all of this wealth amassed, the House is investigating the sources of Ilhan Omar’s newfound millions. Should they? Absolutely…but I wonder why she’s the first.
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