Well folks, nancy pelosi is making headlines today for quite a few reasons. First of all, a north carolina man who came to washington armed with guns and threatening to shoot house speaker nancy pelosi. The day after january 6 was sentenced to more than two years in prison. According to the usa, today, but folks we have to talk about what nancy pelosi just said to reporters and then some of her juicy trading folks got to learn about that juicy trading.

Let's figure out exactly what's going on uh first things: first, we've got nancy pelosi being asked by reporters whether or not lawmakers and their spouses should be banned from owning shares of companies. Nancy pelosi responded with a clear no and that we're in a free market economy. She said that uh lawmakers should be able to participate. Now.

I've regularly made the argument that, even though nancy pelosi has a hundred million dollar net worth and she trades like crazy we're going to go through a couple trades of these in just a moment. Well, at least her spouse does, even though all this is going on. I have made the argument in the past that, in my opinion, the big issue with politicians trading is that they can have 40 to 90 45 to 90 days without disclosing their trades. That's crazy! Okay, there should be 100 and immediate transparency.

I mean, like you, put the trade in and you put a little notification up or whatever it should be immediate or maybe as soon as any lawmaker makes a trade. It's just like publicly boom it's available, or maybe like. Maybe we could use blockchain settlement and track the trades of lawmakers. That would be freaking amazing right, but that's not what we have.

We have 45 to 90 day disclosure lag times which is pretty messed up. Nancy pelosi suggests that quote we're in a free market economy. They should be able to participate, but is still shielded by these ridiculous disclosure laws that allow lawmakers to hide and conceal their trades for quite a while. Now this isn't a surprise, considering both nancy pelosi and her husband have a history of investing.

She bought tesla and tesla calls and then all of a sudden laws that were passed, that all of a sudden laws were passed that were really pro electric vehicles. The week before the house voted on a big tech, anti-trust law. Guess what folks nancy pelosi's husband made a trade that later profited 5.4 million dollars? The trade was 40 call options on alphabet with a strike price of 1200. These were purchased on june 18th, just before the house subcommittee convened.

He had the right to convert. Essentially, these 40 call options into 4 000 shares of uh app or alphabet at a price of 1200. Each when exercised alphabet was trading at 2 550, making him 5.4 million dollars. If you take her minimum net worth from the financial disclosures, it appears that it's about 65 million dollars, though we do expect it's closer to 100 million dollars.

She, for example, has between one to five million dollars in google stock, five to 25 in amazon, five to 25 in apple and that's million and dozens more of individual holdings, a lot of big tech here also recently, there have been a lot of tweets and posts Circulating on social media claiming that nancy pelosi had bought a 25 million mansion, as far as we can tell, this is not true the usa today reports - this is not true. Pelosi spokesperson says that this is completely false, that there is no pending sale, nor is their family looking or even interested in the property and a representative of the actual home buyer, a local resident in florida, says: there's zero association between the seller of the home and The buyer of the home and nancy pelosi - it's also worth noting another thing - that's kind of been a little dramatic lately. Is that there's this tracker - or at least there used to be it's called the uh nancy tracker and uh at nancy tracker was apparently suspended. Now we don't know exactly why it was banned or suspended on twitter.

We just know that it was suspended. We know that twitter has a history of censoring uh people. They they're, not political fans of. I just got denied just, for example, my fifth verification, fourth or fifth verification.

I can't remember on on twitter uh this all really started all my denials really started after i started running against their puppet for governor gavin newsom, but that aside, uh folks are suspecting that maybe the nancy tracker was uh. You know either out of line with some recent political commentary or that they were banned just to censor nancy pelosi's traits either way. All we know is that nancy tracker got banned by twitter and we don't know why uh. We do also know again that nancy pelosi did apparently not buy a property in florida, but she's really good at trading right before news uh happens and she doesn't have to disclose that for 45 to 90 days, which is crazy.

But anyway, that gives you a little bit of insight into the world of nancy pelosi and what's had her in the news and trending, especially today, keep in mind that a lot of individual investors who want to invest in startup companies cannot invest unless they are accredited Investors, which means they have a minimum net, worth up upwards of a certain amount. They have to have a certain income, which makes it very difficult for a lot of folks to actually invest in startup companies. This is one of the freeing things about blockchain and crypto is that you could essentially invest in any kind of startup through through cryptocurrencies, and that's been something that's very freeing and is a much more quote: free market economy, which nancy pelosi alludes to worth. Considering, anyway, that gives you the update and latest on nancy pelosi.

Hopefully we get that instant disclosure soon and maybe some blockchain settlement anyway, thanks for watching this one we'll see in the next one goodbye.