Sep 9, 2024
WATCH: Comedian TROLLS Nancy Pelosi Over Her Insider Trading
Conservative comedian Alex Strenger called Rep. Nancy Pelosi the “greatest options trader of all time.”
- 9 minutes
What stocks should I buy?
Nancy, you're the greatest
options trader of all time.
I just want to know
what stocks I should buy.
Well, that's a valid question
for the former speaker of the House,
whose stock portfolio stock portfolio
tends to beat the S&P 500 every year.
[00:00:16]
And alas, comedian Alex Stranger
was quickly escorted out of the room
when he attempted to ask that question.
Now, the exchange took place at a book
signing event for Nancy Pelosi's new book.
This was in Fort Worth, Texas.
The book is called the Art of power.
[00:00:33]
Now let's break this down section by
section, because he and he's a comedian.
Begins by buttering her up,
which I think is the right approach.
But they were on to him. Take a look.
I want to say.
How much I appreciate your, like,
fierce, staunch defender of democracy.
[00:00:51]
It really means so, so much.
You know, and, you know, like, honestly,
like, I'm really scared about, you know,
Donald Trump winning the election.
And honestly, with all the disinformation
on X, like, you know, I honestly
the only chance like that.
We have to vote for Donald Trump
to actually spend
[00:01:07]
the rest of his life in prison.
That's the only hope for democracy,
the election.
All right.
So thanking her for saving democracy,
you know, hoping that Donald Trump loses,
she says, you know,
we just have to win the election.
But if you pay close attention,
her handlers are around
[00:01:25]
and they're already on to him.
Right.
Like they're already getting
ready to kick him out.
But he hasn't said anything wrong yet.
So it's kind of interesting
that they made that decision.
I don't know if something tipped it off.
Like maybe they saw the other guy taping,
maybe they heard something about him.
But even if you get close to anyone
in power, they get nervous, right?
[00:01:43]
They get nervous.
They're like, wait, wait, wait,
do you have a $5,000 check?
- You don't even have a $5,000 check.
- Why are you talking to me?
Yeah.
Why are you telling me?
Even if you're saying nice things.
Come on, move on.
Get this guy out of here. Okay, but.
But in this case, by the way, to be fair
to the handlers, they were right.
He was going to troll her.
Yeah, that is true.
So I guess they had good instincts.
[00:02:01]
But I also have to give him credit
because he came Correct.
He wrote the he wore
the appropriate disguise.
I think maybe the Bernie Burney hat.
- He could have done without because.
- Oh, that'll turn her off.
Yeah, exactly, exactly.
But he did wear a t shirt.
[00:02:16]
Let's take a look at it.
It was the white dudes
for Harry's t shirt.
Yep. And he wore the mask.
And he's a little over the top
because he did every stereotype.
I know he did.
It's amazing. Okay, so what happens next?
Well, take a look.
We do. Well, Nancy, listen.
- Thank you.
- Well, sure.
[00:02:33]
One last question.
What stocks should I buy?
Nancy?
You're the greatest options trader
of all time.
I just want to know
what stocks I should buy.
But I just want to know, like, income
inequality is our biggest concern already.
[00:02:50]
These are incremental
institutional white supremacy and racism.
I don't understand
why they're even here at all.
They should be defunded.
I just want to know.
She makes six figures a year in Congress
and has $100 million net worth.
- Don't you all want to know what stocks.
- You should buy?
Come on. No way, no way, no way no way.
[00:03:08]
I just want to know.
I just want to know what stocks to buy.
- Yeah, I want to close the wealth gap.
- What's the problem?
I just want to close the wealth gap.
Nancy Pelosi.
I enjoyed that.
I look, I know that this isn't
a persuasive argument for people
[00:03:27]
who support, you know, Nancy Pelosi
or the Democratic Party overall.
Right. I get it.
Like the oh, they're being hypocrites
argument never persuades anyone.
But I do think he makes a good point.
Right.
You say that you care about income
inequality, but why are you a trading
[00:03:42]
individual stocks that you might have,
like info on in closed door briefings that
the rest of the public isn't privy to?
Thus insider information,
and also your member of Congress
trading individual stocks.
That means you get to make decisions on
legislation that could either hurt or help
[00:04:00]
the bottom line of these companies
that you're trading stocks of.
Yeah. Look.
So he's trolling
on on a lot of fronts there.
You know, the cops are an
institution of white supremacy.
We should defund the police.
So that's a nice little trolling thing.
[00:04:17]
But it was I. To me,
it never got offensive.
He never said anything where I was like,
whoa, whoa, that's out of bounds, right?
And then talking about closing
the wealth gap, come on, let's be honest.
That's a little funny, okay.
In this context, right.
And but his main point about how she's
great at picking stocks,
[00:04:38]
if you don't know, it's not just that.
Hey, it seems like they have
an unfair advantage
if they have all this information.
And if you remember, during Covid,
a lot of the senators and congresspeople
got the information that the shutdowns
were coming and they invested in things
that would do well during a shutdown,
[00:04:54]
and they got rid of their stocks that
would do poorly because of a shutdown.
Right. So all of that is true.
But on top of that,
Nancy Pelosi's portfolio and her husband's
has massively overperformed the markets.
So the markets have been booming
in her time in office anyway.
[00:05:10]
But when you massively overperformed
booming markets, it does make people go.
And that's a legitimate question whether
it comes from the right or the left.
And so from what I can tell,
and it randomly, after my Lex Fridman
interview, Alex Stranger actually
[00:05:30]
reached out to me and said, would you
be willing to come on my podcast?
I said, sure, I don't mind.
You know, I do.
Right wing, left wing.
I don't mind anything right
in terms of a conversation.
But, so I looked through his timeline
and got a little bit
more familiarized with him.
And he's definitely right wing, right.
[00:05:45]
And so but progressives have
the same exact criticism
of Nancy Pelosi and the insider trading.
Exactly. On stocks.
So this is an issue where I think voters
on both sides of the aisle agree.
And they I remember that was like
the one and only applause line I got
[00:06:02]
when I debated Ben Shapiro before
the Pennsylvania Chamber of Commerce.
Because it is true.
I mean, you have these politicians
who are totally able to put their
thumb on the scale in terms of legislation
that impacts these corporations.
You think they're going to maybe work
for their own enrichment, rather
[00:06:20]
than what's best for the American people
or what's best for the country?
I mean, it's an issue.
It's a huge conflict of interest.
And by the way, my favorite Nancy
Pelosi moment when it comes
to this specific issue was when she was
asked about it during a press briefing,
and she got real salty about the notion
of doing something about it.
[00:06:39]
Let's watch the members of Congress
and their spouses
be banned from trading individual stocks
while serving in Congress.
No, I don't know to this second one.
And we have a responsibility
to report this is a free market.
[00:06:54]
And people we are a free market economy.
They should be able
to participate in that.
Oh, and you participate, Nancy, you
participate every day and you do it well.
You do it real well.
You beat the S&P 500 every year.
Wow. How do you do it?
[00:07:10]
Now there's people that are
following her trades and copying them
because they're making so much money.
Yeah. Right.
So she says it's a free market
especially for you.
- Is. It a free market.
- Though?
But that's exactly
what I was going to say.
Is it a free market?
If you have information we don't have?
[00:07:25]
That's not really a free market.
And again,
that's not just about Nancy Pelosi.
And again, the real issue here
is that it's not a crime.
It's not illegal for these politicians
to have this information
that the public doesn't have.
And then trade based on it.
And so the only rule they have
is they have to report their trades.
[00:07:42]
Okay. Yeah.
But you still profit off of them
and there's no accountability.
You could report. Yeah.
I made a thousand times the market.
She didn't.
But you could even do that.
And everybody's like oh great.
Thanks for reporting it.
Yeah. So that's not a thing.
That policy barely has any teeth either,
because I remember doing a story
[00:07:58]
about how a bunch of members of Congress
weren't even fulfilling that,
you know, that requirement of.
Reporting,
because they go to the Ethics committee.
The ethics committee is filled with people
who are doing the same thing.
The ethics Committee
in Congress is a joke.
It's a hilarious joke.
[00:08:14]
But look, last thing is for the folks
online, I get it, he was trolling and you
guys are like, boo, get him out of here.
And that's a normal reaction to have
against a troll of someone who you came
to see and get her book and sign it, etc.
But please, like mainstream Democrats
like when it comes to the insider,
[00:08:30]
just because the right wing says it's bad
doesn't mean that it is good, right?
Don't overreact and go.
No. If Democrats are doing insider trading
based on secret information they have,
then it's a good thing.
Don't Yass Queen Nancy Pelosi
on insider trading.
Oh my God, please don't do that, okay?
Please, I'm begging you.
[00:08:48]
Okay.
But you know that that a lot
of people do the minute that Democrats.
That's the current.
That is how politics works
in America at this moment.
And I'm trying to break through that
and failing miserably.
But just because one side says something
doesn't mean you automatically
[00:09:05]
have to take the opposite position.
They might actually have a point.
Think about it,
consider it, investigate it.
That's all I'm saying.
Thanks for watching The Young Turks
really appreciate it.
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[00:09:38]
Thank you.
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