Wednesday, August 13, 2008

Can you say "conflict of interest"?

As reported on, Speaker Pelosi bought between $50,000 and $100,000 worth of stock in Pickens' CLNE Corp. in May 2007 on the day of the initial public offering:
"She, and other investors, stand to gain a substantial return on their investment if gasoline prices stay high, and municipal, state and even the Federal governments start using natural gas as their primary fuel source. If gasoline prices fall? Alternative fuels and the cost to convert fleets over to them become less and less attractive."
CLNE also happens to be the sponsor of Proposition 10, a ballot initiative in Pelosi's home state of California to dole out a combined $10 billion in state and federal funds for renewable energy incentives -- namely, natural gas and wind.
Follow the money.

Ms. "Im trying to save the planet." is trying to line her pocket. Yet again the New Royalty is fleecing the peasants. Nancy, "Give me a bigger plane" Pelosi is doing her best to serve her customers. A bought and paid for politician.

Quick, put on your shocked faces!

Hat tip to Townhall

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