On the heels of The Weekly Standard’s report yesterday that DNC chair Debbie Wasserman Schultz — a vocal critic of Mitt Romney‘s investing practices, had herself dabbled in the foreign markets — we can add Nancy Pelosi to the list of prominent Democrats to profit from overseas investments.
According to Pelosi’s 2011 financial disclosure statement, the Democratic House Minority Leader received between $1 million and $5 million in partnership income from ”Matthews International Capital Management LLC,” a group that emphasizes that it has a “A Singular Focus on Investing in Asia.” A quick trip to the company website reveals a featured post extolling the virtues of outsourcing.
“Designed in California, Made in Manila” sounds like an excellent title for a smear ad to be run the by the Barack Obama campaign. Instead, it appears to be Nancy Pelosi’s investment strategy.
Pelosi is also a small investor in the embattled “Moduslink Global,” one of the “outsourcing pioneers” that Mitt Romney has been criticized for associating with while at Bain Capital.
It’s not surprising that a wealthy politician would invest globally (nor should it be considered problematic).
Did Pelosi have foreign investments while she was 3rd in line for the Presidency?
I noticed that the only group of people Dems care about on this issue is small…..
it is a group of ONE.
Just Romney!
Everybody else gets a pass!
pelosi is a piece of dog crap. she has gained wealth via lobbies activities and sheltered accounts. Where you might add, Hong Kong and mainland china. the woman is a fraud and an embarrassment to the American way of life. Do any of you knew what she flies around the country back and forth to CA? She has her own private jet on 2 hr standby…smile Ameria, you are paying for all of it…
@MOS 8541: AsHouse Speaker, she routinely preempted Air Force jets to haul her carcass to California every weekend, all on the taxpayer’s dime. Booze and food bills totaled in the hundreds of thousands. She was too cheap to pay those bills. What a world of entitlement!
Oil Guy From Alberta
hi,
I think this is a perfect time from CURT TO MENTION IT,
to show how hypocrite they are, and they have the gall to accuse MITT ROMNEY, when they use their jobs in government to get private choices to invest, she is corrupt and try to say that others are like her,
Let’s not concentrate on the short-comings of the Left, lest we forget about the same failings of the Right.
Liberal1[objectivity]
well it would be conveniant for you all on the left, but you forget one thing,
that is the left which has been calling the shots and fail to do their jobs,
and have a nasty habit to pin their weakness on the right, CONSERVATIVES WHICH TRIED EVERY THING TO MAKE THINGS WORK WHICH IS ALWAYS DEMOLISH BY THE MOST ARROGANT DEMOCRATS
WHO THINK THEY KNOW IT ALL, WHILE THEY PAY MANY LAWYERS TO IMPLEMENT THEIR OWN AGENDA OF FAILED IDEAS ALL PAID BY THE SMART CITIZENS, WHO ARE SICK AND TIRED OF THAT KIND OF INTRUSION BY A SELF CENTER GOVERNMENT WHO DON”T GIVE A CARE ABOUT THE PEOPLE OF AMERICA,
THEY CARE MORE ABOUT THE FOREIGNERS INCLUDING THE TALIBAN WHO ARE KILLING THE AMERICAN TROOPS ONE BY ONE AND MANY TIMES 2AND 3 AT THE SAME TIME, LIKE WE ARE NOTICING,AND WHAT THE F.CK ABOUT THAT SOLDIER IN PRISON FOR SHOOTING A TALIBAN
ON A WAR STAGE, ACCUSE OF MURDER, BY OBAMA HIMSELF, IS THAT CARING FOR AMERICANS, SPECIALLY THE ONE DOING THE DIRTY JOBS FOR OBAMA’S WAR.
THAT IS TREASON OVER THE SOLDIER FROM A COMMANDER IN CHIEF