Thursday, August 14, 2008

PELOSI conflict of interest

Pension Funds Boosted By
Oil
While Stocks Fall, Commodity Bets Are
Paying Off


By David Cho
Washington Post Staff Writer
Monday, July 7, 2008; Page A01

California's public employees' pension fund, the world's largest, made its first investment of $1.1 billion into oil and other commodities early last year, and since then, Calpers has seen it soar 68 percent. Fairfax County pension managers have enjoyed a 61 percent return from a similar move over the past 12 months, far outpacing any other segment of the fund's portfolio.


Other pension funds are rushing to get in on the action as the prices of oil, precious metals, corn, uranium and other vital goods continue to reach record highs. Montgomery County officials are in the process of shifting 5 percent of their $2.7 billion pension fund away from stocks and into commodities.
=======================================================

So the Democrats and their Uninio Cohorts are benefiting from the high oil prices, ESPECIALLY CALIFORNIAS PUBLIC EMPLYEES UNION FUNDS.

========================================================
So do we take a leap of faith and believe this whole ILLOGICAL AND IRRATIONAL democratic position is INNOCENT? I smell a rat. Pelosi's got a major conflict of interest here.
========================================================
Would Pelosi stonewall the American Public and sacrifice our well-being and security because the California Public employee's union funds are profiting from our pain?

YOU DECIDE

It's hard to like these people, Isnt it?

========================================================
In may 2007, the day after it went public, Pelosi invested up to $250,000 in CLNE a T Boone Pickens founded company. Meanwhile the T. Boone company was sponsoring a bill in California (Pelosi's Home State) to spend $10BILLION converting state energy use to Natural Gas and Wind....supprise the business that CLNE is in. And everyone knows T. Boone Pickens likes WIND. Do you know how tied in you need to be to buy a company the day after it goes public?

.