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Pelosi gets better returns than almost every hedge fund, every year
I’d say Pelosi is actually very good at her job. I don’t agree with the stock trading stuff. I mean, she gets better returns than almost every hedge fund in the city, every year.
Some of these members of Congress make trades that are way too well-timed not to have insider knowledge. It turns out they’re some of the best financial analysts in human history. Have you spoken out against that? I’ve talked to you in the past, but it’s also like — I know that if I pick that fight, it’s going to be harder for us to get gun control passed. So I have to pick my battles.
It’s in my heart. The hardest part of my job is that I just want to tear everything down because it’s all so corrupt. But you’ve got to pick your battles and slowly build your momentum.
Joining us now is David Hawk, Vice Chair of the DNC. We’re not going to go after Pelosi. First, we wouldn’t beat her even if we wanted to. That’s part of the problem. Also, it’s an unnecessary fight when there are other members who are far weaker, and I would say Pelosi is really very good at her job.
I don’t agree with the stock trading stuff. You don’t? No. Some of these members of Congress make trades that are way too well-timed not to have insider knowledge, and it’s a huge problem. Do you think that’s why Pelosi is worth hundreds of millions of dollars? I mean, she gets better returns than almost every hedge fund in the city, every year.
And don’t you think that has to change? No, it does have to change. How would you change it? I would just ban members of Congress from trading stocks. I’d put their assets in a blind trust.
Are you going to support candidates who oppose that? I mean, in part, yes. Yeah, because it’s a long fight. There are 435 members, and most likely 430 of them are doing the same thing, which is why they don’t want it.
I don’t know, I’m just saying. I think it’s a pretty good guess. Allegedly, conveniently, they just happen to be some of the best financial analysts in human history. Have you spoken out against that? I’ve talked to you, but it’s also like — I know that if I pick that fight, it’s going to be harder for us to get gun control passed. So I have to pick my battle.
It’s in my heart. The hardest part of my job is that I just want to destroy everything because it’s all so corrupt. But you have to choose your battles and slowly build your momentum.
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