Biden Sticks It To Pelosi On His Way Out!
The Jimmy Dore Show
Deep Dive
Why did President Biden call for a ban on congressional stock trading?
Biden's call for a ban on congressional stock trading is seen as a direct criticism of Nancy Pelosi, who has been accused of using insider information for profitable stock trades. The move is also perceived as a response to public outrage over congressional insider trading.
How much money has Nancy Pelosi made from stock trading?
Nancy Pelosi has made almost 100 times her annual congressional salary from her stock portfolio, with some trades netting her millions, such as a $3 million profit in three hours and $4 million on a single trade.
Why did Biden wait until near the end of his term to call for a stock trading ban?
Biden's late call for a stock trading ban is seen as strategic, coming just before the Republicans take control of Congress. It allows him to appear supportive of reform without having to act on it when Democrats controlled both chambers.
What is the Pelosi Act, and what does it propose?
The Pelosi Act, introduced in January 2023, proposes banning lawmakers from trading stocks. It is named after Nancy Pelosi, who has been one of the most prolific traders in Congress.
Why is the trucking industry facing a retention crisis?
The trucking industry is facing a retention crisis due to plummeting wages, which can be traced back to the deregulation of the industry in 1980. This has led to poor working conditions and a reliance on migrant labor instead of improving pay and conditions for American workers.
How many H-2B visas did the Biden administration issue for trucking jobs?
The Biden administration issued an additional 70,000 H-2B visas for the next year, doubling the number from the previous year, with 1,500 of those going to trucking jobs.
What is the 'Kids for Cash' scandal, and why was Judge Michael Conahan pardoned?
The 'Kids for Cash' scandal involved Judge Michael Conahan accepting $2.8 million in bribes to send over 2,300 kids to private juvenile detention centers. Biden pardoned Conahan, likely due to his ties to the for-profit prison industry.
Why did Justin Trudeau's deputy finance minister resign?
Justin Trudeau's deputy finance minister, Chrystia Freeland, resigned after publicly opposing Trudeau's plan for short-term spending measures that would worsen the country's budget deficit.
What is the significance of the NDP's decision to withdraw support from Trudeau's government?
The NDP's decision to withdraw support means Trudeau's government may collapse, leading to a potential election. The NDP had been propping up Trudeau's minority government, but their withdrawal puts his leadership in jeopardy.
What was Mitt Romney's self-proclaimed role in the Republican Party?
Mitt Romney referred to himself as the 'conscience of the Republican Party,' a label he tried to promote despite his opposition to Donald Trump and the MAGA movement.
- Biden calls for a ban on congressional stock trading
- Criticism of Nancy Pelosi's stock trading practices
- Ethics committee members engaging in insider trading
- Potential for future legislative changes to address this issue
Shownotes Transcript