Nancy Pelosi is no stranger to scandal, especially lately, as more evidence of her absolute corruption emerges on social media.
It turns out that the Pelosi family has been banking on Nancy’s role in the government for decades now. They’ve amassed a fortune worth over $100 million dollars despite Rep. Pelosi earning no more than $200,000 per year in a taxpayer-funded House Speaker salary.
Recently, however, the Pelosi family has faced particular scrutiny over Nancy’s habit of using insider government secrets to inform stock purchases. Her husband, Paul Pelosi, may seem like a genius investor on paper, but in reality he’s just taking advantage of his wife’s powerful office.
He’s also a marauding drunk — but that’s for another story.
Well it turns out Paul Pelosi is dead center in another financial scandal involving the federal government, this time over the Paycheck Pandemic Program, which helped businesses during the China Virus pandemic.
The Paycheck Protection Program was a national mainstay at the height of the pandemic to help small businesses make their way through a marred economy and retain employees.
According to reports, a company linked to Pelosi’s saw millions in PPP loans which have now been forgiven by the federal government.
EDI Associates, a company that owns numerous restaurants, has been forgiven and will not have to repay nearly $2 million in taxpayer-funded loans. Paul Pelosi owns an 8.1% stake in EDI Associates.
The two loans totaled $711,708 and $996,392, respectively, and both loans were forgiven.
Paul Pelosi, who is mega-rich in his own right, used funds allocated for struggling Americans during an unprecedented public health emergency (that his wife Nancy contributed to) and is now not required to pay the money back.
This serves as merely one instance of the ultra-wealthy elite employed by the government benefitting from their office. Lest we forget, Nancy Pelosi had a direct role in approving the funds allocated for the Paycheck Protection Program — which eventually trickled down to her corrupt husband’s company.
It’s a scandal that under different circumstances would completely dominate the news cycle and cause mass hysteria amongst elected officials and the public alike. But since Nancy is a Democrat, and Democrats have a stronghold on the media, this level of corruption will go wholly ignored and will thus be forgotten about in 24 hours or less…
Author: Sebastian Hayworth