Politics

Out of context: Reply #17530

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    http://m.apnews.mobi/ap/db_6776/…

    House Republicans have introduced their version of a bill to ban insider trading by thousands of federal officials, and have added provisions to bar lawmakers convicted of a felony from collecting their government pensions.

    In a provision aimed directly at Democratic leader Nancy Pelosi, the bill, introduced late Tuesday, would ban lawmakers from using their positions to invest in initial public offerings of stock. Pelosi has denied that she did anything like that.

    The Republicans wiped out a key provision in the Senate version of the bill that would have required so-called "political intelligence" firms to register and file disclosure reports, as lobbyists must. These are companies that try to pick up information from lawmakers, then pass it on to investment firms and their clients.

    Earmark investigation: Nancy Pelosi on San Francisco light-rail project
    http://www.washingtonpost.com/po…

    Over the past decade, Pelosi has secured $50 million in earmarks to help build a light-rail project that provides direct access to San Francisco’s Union Square and Chinatown for neighborhoods located south of Market Street. Pelosi’s husband, Paul Pelosi, owns a four-story commercial building a few blocks from Union Square and several blocks from Chinatown. Pelosi’s financial disclosure form shows the building is worth between $1 million to $5 million and that her husband earns an undisclosed salary for managing the building. Business owners and leaders in Chinatown and other city officials lobbied for the project, which is under construction. These earmarks were previously reported by Peter Schweizer in his book “Throw Them All Out.”

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