Get it right at NHTSA.gov/TheRightSeat
[♪]
JESSE: A "WATTERS’ WORLD"
INVESTIGATION.
NANCY PELOSI’S POLICIES ARE
MAKING IT HARDER AND HARDER FOR
AVERAGE AMERICANS TO ACCUMULATE
WEALTH.
SHACKLING US WITH TAXES,
DESTROYING THE DOLLAR WITH
RECKLESS SPENDING.
BUT THE SPEAKER WHO MAKES IN THE
LOW SIX FIGURES HAS BECOME ONE
OF THE RICHEST MEMBERS OF
CONGRESS.
WHAT’S HER SECRET?
IT APPEARS TO BE HER HUSBAND
PAUL.
AFTER THEY GOT MARRIED PAUL
OPENED UP A REAL ESTATE AND
VENTURE CAPITAL FIRM.
THE COUPLE HAS TIMED THE MARKET
PERFECTLY OVER THE YEARS WHILE
NANCY HAS BEEN A WASHINGTON
INSIDER.
THE PELOSIS ALWAYS KNOW WHAT THE
RIGHT INVESTMENT IS.
SINCE GETTING MARRIED IT
REQUIRED A MANAGE IN NAPA
VALLEY, SOME 16 ACRES.
SHE HAS A WATERFRONT CONDO ON K
STREET IN D.C.
A MULTI MILLION DOLLAR RED BRICK
MANSION?
CALIFORNIA’S PACIFIC HEIGHTS.
PAUL OWNS TWO COMMERCIAL
PROPERTIES IN SAN FRANCISCO.
COMBINED WORTH, $60 MILLION. PELOSI’S WEALTH HAS SKYROCKETED.
PELOSI’S WEALTH HAS SKYROCKETED.
HER FINANCIAL REPORT SHOWED $271
MILLION.
IN 2020 THOSE NUMBERS WENT UP
EVEN MORE TO AS HIGH AS $315
MILLION.
QUITE A LOT OF CRUMB.
SO WHERE IS THE MONEY COMING
FROM?
"60 MINUTES" BASICALLY ACCUSED
PAUL PELOSI OF INSIDER TRADING.
>> I WANT TO ASK YOU WHY YOU AND
YOUR HUSBAND IN MARCH OF 2008
ACCEPTED AND PARTICIPATED IN A
LARGE IPO DEALV FROM VISA AT A
TIME WHEN THERE WAS MAJOR
LEGISLATION AFFECTING CREDIT
CARD COMPANIES MAKING ITS WAY
THROUGH THE HOUSE.
DID YOU CONSIDER THAT TO BE A
CONFLICT OF INTEREST?
>> I DON’T UNDERSTAND THE POINT
OF YOUR QUESTION.
>> I GUESS WHAT I’M ASKING IS DO
YOU THINK IT MANY ALL RIGHT FOR
A SPEAKER TO ACCEPT A VERY
PREFERENTIAL STOCK DEAL AND YOU
PARTICIPATED WHILE YOU WERE
SPEAKER OF THE HOUSE.
YOU DIDN’T THINK IT WAS A
CONFLICT OF INTEREST?
>> IT ONLY HAD THE APPEARANCE IF
YOU DECIDE USUAL GOING TO
ELABORATE ON A FALSE PREMISE.
BUT IT’S NOT TRUE, AND THAT’S
THAT.
>> I DON’T UNDERSTAND WHAT PART
IS NOT TRUE.
>> THAT I WOULD ACT UPON AN
INVESTMENT.
JESSE: VISA WORRIED THE CONGRESS
WOULD REGULATE THEIR SWIPE FEES.
SO THEY HIGHERED LOBBYISTS WHO DESCENDED ON PELOSI.
DESCENDED ON PELOSI.
ONE OF HER ADVISORS LEFT AND
BECAME A BROKER AS WELL.
HER HUMS PAUL WAS OFFERED A FREE
SCREEN INVITE TO GET IN ON
VISA’S $18 BILLION IPO.
DID NANCY AND HER HUSBAND
HESITATE?
NO, THEY BOUGHT $1 BILLION IN
VISA STOCK.
VISA SHARES GOING UP OVER 200%
DURING THE TIME, MAKING THE
PELOSIS A FORTUNE ON PAPER.
THEY HAVE A KNACK FOR TAKING
ADVANTAGE OF MARKET TIMING.
IN MARCH PAUL PELOSI EXER-SIDES
MICROSOFT OPTIONS TWO WEEKS
BEFORE THE TECH GIANTS GOT A $22
BILLION CONTRACT TO EQUIP THE
U.S. ARMY WITH HIGH-TECH
HEADSETS.
THEY GOT TESLA STOCK RIGHT
BEFORE JOE BIDEN ANNOUNCED
ELECTRIC CAR INCENTIVES.
THE PELOSI FAMILY CASHED IN BIG
TIME JUST BEFORE CONGRESS WAS
SET TO JUMP ON BIG TECH MAKE
$5.3 MILLION.
THE PELOSIS HAVE NEVER BEEN
INDICTED FOR INSIDER TRADING.
BUT HER INVESTMENTS, MARRIAGE
AND ACCESS COUPLED WITH TIMING
ARE UNDER SUSPICION.
ALL WE ARE DOING IS FOLLOWING
THE MONEY AND THERE SURE IS A
LOT OF IT.
THE PRESIDENT OF THE GOVERNMENT
ACCOUNTABILITY INSTITUTE AND THE
DRILL DOWN PODCAST HOST, PETER
SCHWEIZER.
WE PUT IT TOGETHER FOR YOU.
WHAT IS YOUR REACTION?
YOU KNOW BETTER THAN ANYBODY HOW
THIS WHOLE THING WORKS.
>> I THINK YOU ARE DEAD ON.
WE DON’T MINDS IF PEOPLE MAKE
MONEY WITH INVESTMENTS.
THE QUESTION IS IS IT WEDDED TO
YOUR POLITICAL POWER.
IN THE CASE OF THE PELOSIS THEY
PARTICIPATED IN AT LEAST 10IPO
STOCKS.
THESE ARE UNUSUAL.
THESE GO TO COMPANY FOIRNLSD AND
INSIDERS.
THE FACT THAT A POLITICIAN’S
FAMILY IS ALLOWED TO PARTICIPATE
IN AN INVESTMENT THAT WHEN IT
GOES PUBLIC GENERALLY DOUBLES IN
VALUE IS AN INDICATOR THERE IS A
PROBLEM.
NOSE OFFICE BUILDINGS YOU
MENTIONED.
THEY OWN AN OFFICE BUILDING IN
SAN FRANCISCO.
NANCY PELOSI STEERED $200
MILLION IN FEDERAL MONEY TO
BUILD IT THIRD AVENUE LIGHT
REALLY SYSTEM IN SAN FRANCISCO.
GUESS WHERE ONE OF THE STOPS OF
THAT LIGHT RAIL SYSTEM STOPS?
WITHIN TWO BLOCKS OF THEIR
OFFICE BUILDING.
IF YOUR BUILDING IS WITHIN TWO
BLOCKS OF A RAILWAY STOP IT
DOUBLES THE VALUE OF IT.
JESSE: THEY HAVE BEEN OFFERED
10 IPO BUY-INS.
IT’S JUST RANDOMLY THESE
COMPANIES GIFT PELOSI FAMILY
EARLY ACCESS TO IPOs.
UNBELIEVABLE FORTUNATE PEOPLE,
NANCY AND PAUL.