June 16, 2011
Nancy Pelosi's Fortune Explodes
Posted by Dave Blount at June 16, 2011 7:21 AM
One of the perks of power is that it can help you grow your fortune. For example, take Nancy Pelosi:
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. …
Pelosi saw her wealth rise due to some stock gains and real estate investments made by her husband, Paul.
It's helpful to have a seat at the table, so that you know where to invest. Once you've invested, power helps you assure that nothing bad happens to the companies you're invested in.
Despite her quasi-Marxist politics, there is no indication that Nasty will be spreading all that wealth of hers around. That's what our wealth is for.
On tips from lonelypatriot and J.