Showing posts with label insider trading. Show all posts
Showing posts with label insider trading. Show all posts

Monday, August 18, 2025

August, 2025, Part 3, Political Class Insanity: FBI Voids Hillary Investigation, The National Debt Soars To $37 TRILLION, and Congressional Members are Great Insider Stock Traders

 There is a lot going on in the world: Obama and Russiagate findings, Middle East powder keg, the Russian/Ukrainian war, etc. But through all this, the American political class continues to  constantly deliver its own special brand of insanity, stupidity, wasteful taxpayer spending, and ineffective government programs.

1)Through the work of Tulsi Gabbard, a mountain of previously secret government documents have been released that showed a massive government employee and politician coverup regarding the attempted framing of President Donald Trump and now debunked theory that Russia was instrumental in getting him elected in 2016. Names like Obama, Clapper, Comey, Brennan, Hillary Clinton have been involved in one way or another.

We will let the smoke settle on this major and potentially treasonous conspiracy of high ranking government officials before diving into the heinous details. But one aspect of the coverup is the theory that the conspiracy was to protect the shenanigans of the Clinton Foundation that were going on at about the same time. The theory being that Hillary Clinton wanted to embroil Trump in a Russia themed hoax to divert attention away from what was going on in her life and the Clinton Foundation.

And recent released documents by Gabbard shed some light on what was actually going on:

  • A recently released timeline from FBI internal records indicates that the FBI Los Angeles was actively investigating the Clinton Foundation back in 2016.
  • Specifically, they were tracking down the details on 19 different Clinton Foundation bank accounts and their possible use in campaign finance fraud in the 2016 Presidential election.
  • However, in the middle of the investigation, the Department of Justice under Obama put an end to the investigation before it could be completed.
  • Deputy Attorney Sally Yates was the culprit in calling off the FBI investigators, directing the FBI to “Shut it down.”
Let’s face it, there is probably a high likelihood that there were suspicious and possibly criminal activities going on relative to the Clinton Foundation, activities that we have previously laid out in this blog. But high ranking government officials quite possibly got the Clintons a free pass at least in the 19 bank account situation, reinforcing many Americans' views that the American political class, besides being incompetent, is also crooked and criminal.

2)The Federal government just reached a historic milestone, a milestone that indicates that pretty soon our economy and our freedoms will come crashing down with bad economic implications for every American:

  • The national debt incurred by the Washington political class via the Federal government recently exceeded $37,000,000,000,000.
  • That is $37 trillion for those that do not want to count the zeroes.
  • That means that to pay off the debt, every single American man, woman, and child would have to chip in about $110,000 each, a family of four would have to pay about $440,000.
  • Obviously this is not going to happen since it is financially impossible.
  • And before anyone says anything akin to taxing the rich to pay off the debt, keep in mind that even if you confiscated the TOTAL wealth of the three richest Americans, (Musk, Bezos, Zuckerberg), about $600 billion, you would pay off less than 2% of the debt.
  • The interest on this national debt is now over $1 trillion a year which means that on a prorated basis, on average every American is paying just under $3,000 just to pay the interest on the debt, never mind paying down the principal.
  • This $3,000 that cannot be spent to expand the economy, create jobs, and allow more freedom for Americans.
  • Many economists believe that as long as a nation’s debt is less than the nation’s GDP, the debt problem can be handled.
  • Today, the Federal government’s debt is over $37 trillion while the country’s GDP is only $29 trillion, meaning the debt is about 28% higher than what economists think is within the safety zone.
  • It is no surprise how we got to this point since in 2019, the Federal government spent $4.5 trillion while in 2025, the Federal government will spend $7.3 trillion, a whopping 62% increase in six years.
It is an economic problem that is growing exponentially. This type of government spending takes trillions of dollars out of the economy that could have been used for more constructive purposes. The interest payments are getting worse and will continue to take wealth out of people and businesses' pockets, resulting in higher and higher inflation as the amount of available investment money in the economy gets sops by up by government interest payments.

While the current government spending cuts by DOGE are an encouraging start, they are miniscule compared to the major cuts that have to be taken before the crisis explodes and the country and its citizens suffer unbelievable economic hardships. Unfortunately, current Washington politicians are either too stupid, too afraid or too ignorant to fix a looming financial disaster that grows worse every minute of every day.

3)Maybe one reason why this Federal debt problem is never seriously addressed is the reality that many In Congress spend too much time making themselves richer and richer rather than fixing this and every other problem facing the country:

  • Treasury Secretary Scott Bessent recently discussed how many members of Congress have made many fortunate stock sales and buys that have made them incredible amounts of money.
  • According to Bessent: "I am going to start pushing for a single stock trading ban, because it is the credibility of the House and the Senate that you look at some of these eye-popping returns."
  • He specifically singled out our old favorite insider trading Congressional member, Nancy Pelosi, and Senator Ron Weyden as two members of Congress that have made numerous stock trades that seriously outperformed major hedge fund, professional stock market experts: "Every hedge fund would be jealous of them."
  • Furthermore: "And you know, the American people deserve better than this. People shouldn’t come to Washington to get rich. They should come to serve the American people, and it brings down trust in the system because, I can tell you, that if any private citizen traded this way, the SEC would be knocking on their door."
  • He mentioned an unnamed member of Congress that rather than work on legislation and issues that negatively affect Americans, this member executed over 1,200 stock trades in a single year, more than what most hedge funds do annually.
It is difficult to believe that members of Congress have their full attention on national problems when they are constantly looking for stock market insider information edges resulting in dozens, hundreds or over a 1,000 stock trades during their tenure. No wonder the country is a mess, no one is watching the store but still getting rich.

Enough insanity for today: corruption via insider trading, corruption by derailing criminal investigations of political class members, and a skyrocketing debt problem with no solution in sight.

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If you agree that we need to deseat every member of Congress for their lack of success and accomplishment, then please consider going to the following petition link to help the cause:


https://www.change.org/p/deseat-congress-reset-freedom



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Our book, "Love My Country, Loathe My Government - Fifty First Steps To Restoring Our Freedom And Destroying The American Political Class" is now available at:

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Sunday, June 29, 2025

June, 2025, Part 9, Political Class Insanity: More Medicare Fraud, Big Brother In The Biden Era, NYC's Financial Ruin Path, and Pelosi Gets Richer

 There is a lot going on in the world: LA riots, Middle East powder keg, the Russian/Ukrainian war, etc. But through all this, the American political class continues to  constantly deliver its own special brand of insanity, stupidity, wasteful taxpayer spending, and ineffective government programs:


1)In  the past several posts we have revealed how both criminals and government employees have been defrauding the government and taxpayers out of millions and millions of dollars. That trend continues in LA today:


  • A Los Angeles man recently pleaded guilty to laundering about $16 million of Federal taxpayer money.

  • He did it via defrauding Medicare’s hospice program.

  • He used the  money he defrauded to pay for real estate purchases, pay for his kid’s private school, and other personal expenses.

  • He was doing the scam with four other individuals who used bogus hospice  companies to rip off the government.

  • But it should not be a surprise that this happened in LA since from 2010 to 2021 the number of hospice agencies in LA county went from 109 to 1841 agencies even  though the senior aged population only grew by 40%.

  • Thus, it should also not be a surprise when a California State auditor report found that in a single year, hospice agencies overbilled Medicare by  about $105 million.


Another day  another way to defraud the American taxpayer.


2)To those that were objective, it was quite clear that from the beginning of his Presidency, Biden was on a serious downtrend in cognitive ability. The  examples of his mental decline are far too numerous to list here. 


After he left office, substantial evidence surfaced that much of the official  government documents he signed later in his term, e.g. hundreds and hundreds of pardons, were not done manually by his own hand but by an autopend machine.


Given the  heavy use of the autopen and his dementia-like mental state, serious Constitutional issues arise as to whether whatever he “signed” during his term by a machine is legal or void. This has caused Congress to open  investigations into this issue of legality. Part of the Congressional investigation is to  conduct hearings to explore what actually happened inside the Biden White House.


Unfortunately, a key person in the investigation, a very close aide of Jill Biden and a powerful force in the Biden brain trust, Anthony Bernal, has refused to present himself in front of Congress to testify. Obviously, this refusal to voluntarily testify in front of Congress raises the suspicions that maybe Biden had no clue what was being signed in his name via the autopen and Bernal knows what actually happened.


Congress can force him to appear in front of investigative committees so this is far from over. From a freedom perspective, this whole situation raises the analogy with Orwell's “1984” novel. In that story, a  “Big Brother“ was supposedly in charge but was completely fictitious.  In  this reality, a President was supposedly in charge but that was possibly complete fiction also. Not a good way for a democracy and freedom to work, a paper leader with  no clue.


3)Dozens of times in this blog we have discussed a competition that is underway at both the state and local  government level, namely: which state or major city will get to bankruptcy court first? 


What usually happens is that a state or local city government and its politicians  continue to raise taxes. This causes residents and businesses to move out and head towards areas with less taxation. This out migration reduces the tax base which reduces the tax revenue stream.  Rather than shrink government expenses to  match the lower tax revenue stream, the politicians usually just raise taxes even more, driving more residents and businesses out of the area and the financial death spiral  is in place.


States likely to go  bankrupt first include New York, California, New Jersey, and  Illinois. Major cities likely to go bankrupt first include New York City, Chicago, Los Angeles, and San Francisco.


And the leaders in this race change over  time. For a while, it looked like Chicago would go bankrupt first. Then Los Angeles, with its inept handling of the wild fires and riots, made a run to going bankrupt first. But with the recent Democratic Party mayoral primary election, New York  City may have  jumped out in front of all the suffering and declining major cities:


  • Ugandan and Muslim immigrant, Zohran Mamdani, won the primary race in NYC.

  • He is a member of the Democratic Socialist party in New York.

  • He is anti-Israel and ant-Jewish, he does not like the New York Police Department and is a defund the police advocate, he wants to raise the minimum wage to $30 in the city, he wants to provide free child care, he wants to  void the Second Amendment, he wants free bus transportation, free health care, he wants the city government to develop and operate grocery stores in the city, he wants to freeze rents, and become the biggest sanctuary city in the country for illegal  immigrants.

  • Obviously, all of these programs will require untold billions and billions of dollars to provide these services to millions of people.

  • The only way to pay for such nonsense and “free” stuff is to raise the tax burden on taxpaying citizens which he plans to do by putting additional tax burdens on the city’s wealthiest residents and businesses.

  • And these are the exact same residents that can most easily afford to move out of the city and out from under the taxation being  increased to pay for his dream projects, substantially reducing the tax base.

  • In fact, he has not been elected yet and luxury real estate agents immediately saw a surge in New York City residents looking to relocate out of the city.


Given the initial reaction to his ridiculous projects and dreams, it is a safe bet that he has New York City positioned to become that next major city to go bankrupt. The  wealthy residents and also businesses will move  out to get out from under even heavier taxation, Jewish folks will  move  out to avoid the hate he has previously demonstrated towards them, law abiding citizens will  move out because of his defund the police intentions, and all of these folks will be taking their tax dollars with them. Cut to the “Escape From New York” analogies.


4)While New York City and other major American cities are heading towards bankruptcy, at least one member of Congress could not be any further away from that status:


  • We have  often reviewed the reality that politicians going to Washington end their Washington careers much wealthier than when they first get elected, a reality that cannot be explained by their Congressional salaries.

  • It has long been assumed and proven that some members of Congress appear to have used their access to secret/insider government  and legislative  information to do insider trading of stocks in the stock market, a reality that gets every other American thrown in  jail but apparently they are exempt from this crime.

  • Former Speaker of  the House, Nancy Pelosi, has always been a prime suspect in using insider information to dramatically increase her family’s wealth.

  • According to a New York Post analysis, Pelosi and her husband saw their personal net worth grow between $7.8 and  $42 million in 2024.

  • The reason the range is so wide is because Washington politicians made the reporting of their wealth and wealth  growth to be done in wide categories so that scrutiny is tough.

  • She is now worth an estimated $413 million, which is up substantially in one year when their 2023 wealth was estimated at $370 million.

  • Keep in mind that her Congressional salary in 2024 was $174,000, a very small  percentage of her overall wealth growth.

  • Her and her husband  not only have millions and millions of dollars in stock holdings but they also own a Napa Valley winery, a political  data  and consulting company, and a stake in an Italian restaurant.

  • In 2024, she and her husband dumped 5.000 shares of Microsoft stock a few  months before the Federal Trade Commission announced an antitrust investigation of the company.

  • They also sold $525,000 worth of Visa stock less than three months before the credit card company was served with a monopoly lawsuit by the Department of Justice.

  • In  dealing with  Nvidia stock, they made timely purchases that  saw a $2.4 million investment quickly become worth $7.2 million.

  • Over the years, the Pelosi family has constantly obtained stock returns that were bigger than most if not all of the country’s hedge fund returns.


Nice work if you can get it. Rather than focus on helping American  families, Washington politicians are often  more focused on their own self-enrichment.


Enough for today: corruption in DC, stupidity in New York City, Big Brother is alive and in DC, and another Medicare fraud against the American taxpayer.


**********************

If you agree that we need to deseat every member of Congress for their lack of success and accomplishment, then please consider going to the following petition link to help the cause:


https://www.change.org/p/deseat-congress-reset-freedom



**********************


Our book, "Love My Country, Loathe My Government - Fifty First Steps To Restoring Our Freedom And Destroying The American Political Class" is now available at:
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