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Pelosi aide: '60 Minutes' report a 'right-wing smear'
San Francisco Chronicle ^ | 11/14/11 | Carolyn Lochhead, Chronicle Washington Bureau

Posted on 11/14/2011 6:03:40 PM PST by SmithL

Washington -- House Minority Leader Nancy Pelosi's office accused the news program "60 Minutes" of omitting key information from its report Sunday on how members of Congress use privileged information to profit from stock trades.

Pelosi spokesman Drew Hammill also called the report "a right-wing smear" based on a new book by conservative author Peter Schweizer of the Hoover Institution, a think tank based at Stanford University. The book is titled: "Throw Them All Out: How Politicians and Their Friends Get Rich Off Insider Stock Tips, Land Deals, and Cronyism That Would Send the Rest of Us to Jail."

Pelosi, a San Francisco Democrat, was highlighted in the report with House Speaker John Boehner, R-Ohio, and House Financial Services chairman Spencer Bachus, R-Ala., among others.

In an interview Monday, Schweizer said the "most egregious" allegations of insider trading concerned Bachus. At the height of the 2008 financial panic, Bachus participated in private briefings by Federal Reserve chairman Ben Bernanke and then-Treasury Secretary Henry Paulson warning that the financial system was about to collapse.

(Excerpt) Read more at sfgate.com ...


TOPICS: Crime/Corruption; Extended News; Government; Politics/Elections; US: California
KEYWORDS: 60minutes; cultureofcorruption; greed; pelosi

1 posted on 11/14/2011 6:03:45 PM PST by SmithL
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To: SmithL

Yeah, Polousie, all truths are smears for your kind.


2 posted on 11/14/2011 6:04:51 PM PST by TribalPrincess2U (WE ARE AMERICA! DONATE TO FR MORE!)
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To: SmithL

Right wing smear by a left wing media outfit. Your slip is showing nan.


3 posted on 11/14/2011 6:05:57 PM PST by DManA
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To: SmithL

That’s the very first time I’ve heard anyone lump 60 Minutes in with the VWRC.


4 posted on 11/14/2011 6:06:21 PM PST by Pearls Before Swine
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To: SmithL
I thought all the other Congressmen named in the report were Republicans?

If so, how's that a "right"-wing smear? The "right" got smeared more than the left.

5 posted on 11/14/2011 6:06:27 PM PST by justlurking (The only remedy for a bad guy with a gun is a good WOMAN (Sgt. Kimberly Munley) with a gun)
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To: TribalPrincess2U
Yeah, Polousie, all truths are smears for your kind.

Very well-stated. I was just going to call her a 3-faced (crony) fascist. Thanks TP2U

6 posted on 11/14/2011 6:07:36 PM PST by PGalt
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To: Pearls Before Swine

That is a good thing...


7 posted on 11/14/2011 6:08:03 PM PST by Pikachu_Dad (Impeach Sen Quinn)
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To: SmithL

CBS is a right wing media?


8 posted on 11/14/2011 6:08:35 PM PST by FormerACLUmember
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To: SmithL

LOL!

Well Nan, if this is a right wing smear by 60 minutes it’s a first!


9 posted on 11/14/2011 6:09:04 PM PST by jazusamo (The real minimum wage is zero: Thomas Sowell)
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To: SmithL
Did you, or did you not, purchase IPOs of companies that were subject to legislation that you presided over, Nancy?

It's not a difficult question.

I understand that the answer is difficult. For you.

10 posted on 11/14/2011 6:09:47 PM PST by E. Pluribus Unum (The enemy of my enemy is my candidate.<sup>®</sup>)
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To: SmithL
That's "vast right-wing conspiracy, Nancy! Get your phrases straight!"


11 posted on 11/14/2011 6:10:22 PM PST by COBOL2Java (Obama is the least qualified guy in whatever room he walks into.)
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To: jazusamo

60 Minutes a right wing smear.

LOL


12 posted on 11/14/2011 6:10:25 PM PST by Col Frank Slade
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To: DManA
THE PRINCESS feels she should not be asked these questions how dare you, do you not know who I am? This snooty bitch should be taken to task. I want to antagonize her so much that she cracks on national tv. Now thats entertainment.
13 posted on 11/14/2011 6:12:08 PM PST by ronnie raygun (V)
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To: ronnie raygun
Nancy, I heard the author say today that 60 minutes show highlighted 4 GOP and 1 Democrat.

The book shows that insider trading was 70% Democratic.

14 posted on 11/14/2011 6:27:19 PM PST by scooby321
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To: SmithL
Oh yeah, those "right wingers" at See BS. Nancy, you are a caricature of yourself. And just because you are exempt from insider trading laws, I don't think your hubby is too. Duck and cover. Hmm, how do you spell qui tam?
15 posted on 11/14/2011 6:27:25 PM PST by NonValueAdded (At 4 AM, it is a test; at 2 PM, it is a demonstration)
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To: scooby321

Exactly. 70% Democrats.


16 posted on 11/14/2011 6:31:40 PM PST by whitedog57
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**click above to donate ~~ thank you!**

17 posted on 11/14/2011 6:35:23 PM PST by STARWISE (The overlords are in place .. we are a nation under siege .. pray, go Galt & hunker dowTn)
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To: SmithL
If ever anyone deserved this, Miss Nancy does.............


18 posted on 11/14/2011 7:12:31 PM PST by ChildOfThe60s ( If you can remember the 60s....you weren't really there)
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To: STARWISE
I can't believe using Congressional letterhead for fundraiser is illegal. But as Rep. Spencer (r) can short the market after hearing Hank Paulson say the market will go down 20% in the next three days is legal.
19 posted on 11/14/2011 7:13:38 PM PST by scooby321
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To: SmithL

Yes, Nan. CBS is so notoriously right-wing. And apparently the author is writing a hatchet job for no other reason than that he is conservative. So what would you call the media attacks on the Palin family, Nan? In Nan’s apartheid world, Saddam Hussein had it right.


20 posted on 11/14/2011 7:20:53 PM PST by Excuse_My_Bellicosity (Liberalism is a social disease.)
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To: SmithL

It’s a right-wing smear, that’s why the author is going after John Boehner, R-Ohio, too.


21 posted on 11/14/2011 7:27:44 PM PST by Excuse_My_Bellicosity (Liberalism is a social disease.)
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To: E. Pluribus Unum

Why is she not on trial ..?
WHEN are we going to start putting politicians in prison?


22 posted on 11/14/2011 7:32:45 PM PST by sonic109 (no compromise with Marxist)
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To: E. Pluribus Unum

Why is she not on trial ..?
WHEN are we going to start putting politicians in prison?


23 posted on 11/14/2011 7:32:45 PM PST by sonic109 (no compromise with Marxist)
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To: E. Pluribus Unum

Why is she not on trial ..?
WHEN are we going to start putting politicians in prison?


24 posted on 11/14/2011 7:32:50 PM PST by sonic109 (no compromise with Marxist)
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To: Pearls Before Swine

With CBS, it’s a half-vast conspiracy.


25 posted on 11/14/2011 7:44:30 PM PST by SmithL (Proud Tennessee Volunteer)
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To: SmithL

I have come to the firm conclusion that Pelosi is certifiably insane. I’m not saying that in a humorous way. All politics aside, I really mean clinically insane. She has continued to become more and more separated from reality. I know all the comments about Democrats being nuts. But I’m not talking metaphorically. She really is totally divorced from reality.


26 posted on 11/14/2011 8:00:56 PM PST by StonyMan451 (As for me and my household, we will serve the Lord.)
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To: SmithL

The Visa IPO stock was issued at $44 a share and the first trade was approximately $59 a share meaning an instantaneous $75000 profit in her account if she sold 5000 shares of the IPO at the open.
The Pelosi case is not a simple case of someone speculating in the market based on inside information. There was no speculation here because there was no risk.Congresswoman Pelosi was essentially given a $59 stock for a $44 price which she could immediately sell for $59.Any insider information she may or may not have had as to the future is irrelevant to the issue of being provided an immediate $15 advantage on her investment over the investing public who had to buy it at the higher $59 price in the aftermarket because they did not have the favored accessibility to the IPO that Pelosi had because of her political position.


27 posted on 11/14/2011 8:08:34 PM PST by chuckee
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To: SmithL

“60 Minutes” and “right-wing smear” in the SAME sentence???

Well, smack me upside the head with a 2x4 and knock my eyeballs out! Where do I get one o’them “SKI HELL” bumper stickers?


28 posted on 11/14/2011 8:52:19 PM PST by HKMk23 (YHVH NEVER PLAYS DEFENSE)
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To: SmithL

Congress REGULARLY exempts itself from the legislation it passes. This results in exemptions in everything from OSHA regulations, to Obamacare, to insider trading, etc. This results in 300M+ citizens being covered by law, with 535 exemptions [Congress].

We need a constitutional amendment stating that when legislation becomes law - there are NO exemptions for Congress ...


29 posted on 11/14/2011 9:06:09 PM PST by Lmo56 (If ya wanna run with the big dawgs - ya gotta learn to piss in the tall grass ...)
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To: SmithL
Washington -- House Minority Leader Nancy Pelosi's office accused the news program "60 Minutes" of omitting key information from its report Sunday on how members of Congress use privileged information to profit from stock trades.

Please, Nancy we're all ears.

Do set us all straight and fill in the missing "key information" that makes an innocent incident out of a serious crime.

Take all the time you want, but please do refrain from the bizarre hand gestures meant to ---- what?
Distract?
Hypnotize?

What?

30 posted on 11/14/2011 11:20:35 PM PST by Publius6961 (My world was lovely, until it was taken over by parasites.)
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