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Thread: Pelosi's wealth grows by 62 percent

  1. #1

    Pelosi's wealth grows by 62 percent

    WOW!!!!


    [QUOTE]House Minority Leader Nancy Pelosi (D-Calif.) saw her net worth rise 62 percent last year, cementing her status as one of the wealthiest members of Congress.

    Pelosi was worth at least $35.2 million in the 2010 calendar year, according to a financial disclosure report released Wednesday. She reported a minimum of $43.4 million in assets and about $8.2 milion in liabilities.

    For 2009, Pelosi reported a minimum net worth of $21.7 million.

    Speaker John Boehner (R-Ohio) also remained a multimillionaire. He reported that his minimum net worth in 2010 was close to $2.1 million, with zero liabilities. His 2009 minimum net worth was more than $1.8 million.
    Forms disclosing the assets and liabilities of lawmakers for the 2010 calendar year were released Wednesday. The forms give a good estimate of lawmaker wealth, though they show ranges and not precise values for stocks, pension plans, vacation homes and other assets of lawmakers.

    Pelosi saw her wealth rise due to some stock gains and real estate investments made by her husband, Paul.

    Apple stock owned by Pelosi's spouse rose from at least $500,000 in 2009 to $1 million in 2010. The minority leader's husband also took a bigger stake in Matthews International Capital Management worth at least $5 million last year, compared to $1 million in 2009 and his investment in some undeveloped residential real estate in Sacramento, Calif., jumped to at least $5 million in value.

    Paul Pelosi also has sizable assets in the United Football League, including $1 million in a partnership interest in a Jacksonville, Fla., franchise and $5 million in a partnership interest for the Sacramento Lions.[/QUOTE]

    [url]http://thehill.com/blogs/on-the-money/801-economy/166599-pelosis-net-worth-rises-62-percent-[/url]

  2. #2
    so what... congressperson's husbands aren't allowed to buy apple stock?

  3. #3
    [QUOTE=bitonti;4049169]so what... congressperson's husbands aren't allowed to buy apple stock?[/QUOTE]
    Couldn't you wait until someone actually said something derogatory about this before getting all defensive about it?

    I'm pretty much in the WOW camp myself. A Rich woman invested wisely, safely even.

  4. #4
    [QUOTE=bitonti;4049169]so what... congressperson's husbands aren't allowed to buy apple stock?[/QUOTE]

    Bit, I happen to be a supporter of Nancy Pelosi. I think that she is an astute politico

  5. #5

    The Ron Paul Stock Portfolio

    Well, this is predictable...
    Today members of Congress had to reveal their stock holdings.
    We were curious what anti-Fed, pro-gold Congressman Ron Paul held, and no surprise, he likes gold.

    Lots of it.
    Here are the stocks he owns.

    Agnico Eagle Mines
    Alumina Common
    Anglo Gold Ashanti Ltd.
    BrigusGold Corp. Com MPV (formerly Apollo Gold Corp)
    Barrick Gold Corp.
    Claude Research Inc
    Coeur D'Alene Minds Corp.
    Gold Corp Inc
    El Dorado Gold Corp.
    IAM Gold Corp.
    Kinross
    Lexam Explorations Inc.
    Mag Silver Corp.
    Metalline Mining Co.
    Mutual Securities Inc.
    Newmont Mining Corp.
    Pan American Silver
    Petrol Oil and Gas
    Silver Wheaton Corp
    Virginia Mines Inc.
    Vista Gold Corp.
    Viterra Inc
    Wesdome Gold Mines Ltd.
    Allied Nevada Gold Corp.
    Hecla Mining Co.
    Looks like he's doing well these days.


    [url]http://www.businessinsider.com/what-ron-paul-invests-in-2011-6#ixzz1PVOzwTrm[/url]

  6. #6
    Jets Insider VIP
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    Can we see Pelosi's tax returns? Specifically, tax paid, itemized deductions, and charitable donations.

    This will be good. :P

  7. #7
    There is no law that prevents members of Congress from trading on inside information. The same members of Congress who routinely regulate industry meet with corporate executives and lobbyists are free to trade on any knowledge they glean from these meetings or even bail outs or laws to regulate that they vote on.

    It's not surprising members of Congress routinely become multi-millionaires in office. They lobbying jobs they get after they are out is another story all together.

  8. #8
    [QUOTE=Jetdawgg;4049181]Well, this is predictable...
    Today members of Congress had to reveal their stock holdings.
    We were curious what anti-Fed, pro-gold Congressman Ron Paul held, and no surprise, he likes gold.

    Lots of it.
    Here are the stocks he owns.

    Agnico Eagle Mines
    Alumina Common
    Anglo Gold Ashanti Ltd.
    BrigusGold Corp. Com MPV (formerly Apollo Gold Corp)
    Barrick Gold Corp.
    Claude Research Inc
    Coeur D'Alene Minds Corp.
    Gold Corp Inc
    El Dorado Gold Corp.
    IAM Gold Corp.
    Kinross
    Lexam Explorations Inc.
    Mag Silver Corp.
    Metalline Mining Co.
    Mutual Securities Inc.
    Newmont Mining Corp.
    Pan American Silver
    Petrol Oil and Gas
    Silver Wheaton Corp
    Virginia Mines Inc.
    Vista Gold Corp.
    Viterra Inc
    Wesdome Gold Mines Ltd.
    Allied Nevada Gold Corp.
    Hecla Mining Co.
    Looks like he's doing well these days.


    [url]http://www.businessinsider.com/what-ron-paul-invests-in-2011-6#ixzz1PVOzwTrm[/url][/QUOTE]


    Good portfolio for now, but an accident waiting to happen.. No diversification.

  9. #9
    [QUOTE=quantum;4049272]Can we see Pelosi's tax returns? Specifically, tax paid, itemized deductions, and charitable donations.

    This will be good. :P[/QUOTE]


    She makes too much to itemize. Can't declare charitable deductions either - they are part of an itemized schedule. No mortgage interest or health deductions either.

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