Nancy Pelosi is Sponsoring a bill That will Benefit Her Husband

Nancy Pelosi is sponsoring a bill that would allow HIV-positive patients who do not have AIDS to qualify for Medicaid. This bill has support on both sides of the aisle and it sounds fair enough, doesn’t it? At least it does if you think the government should be in the health-care business, but that will be a discussion for another day after November’s election when we have national health-care again in the spotlight. Anyway, it sounds fair, but there is a small problem with Nancy Pelosi sponsoring this bill. Her husband owns $250,000 worth of stocks in a company that stands to benefit from this legislation.

That is not the only problem however. Her campaign was given $20,000 by Amgen in July, one week later Pelosi introduced a bill that had been previously been stopped, the bill I mentioned above. This bill would benefit Amgen as they make the AIDS drug that would now be covered under Medicaid, this would also benefit Pelosi’s husband as this is the company he owns all these stocks in.

An ethical issue pops up as a result of her investment in Johnson & Johnson,” Fitton told Cybercast News Service. “Obviously she should explain whether or not her contributions from Amgen and its executives are influencing her position on the HIV bill in an inappropriate way.”

Being a Democrat has it’s privileges though and so she will never be held accountable for this. But this isn’t the only money she has received from Amgen.

In addition to the 28 separate contributions Pelosi received last July from Amgen, seven other contributions were made by executives in the months of July and August, for a total of $30,050 to Pelosi’s re-election campaign. Also, AmgenPAC (political action committee) gave Pelosi’s campaign a total of $10,000 last year.

She needs to answer these questions. This is one of the issues that the Democrats ran on in 2006, the culture of corruption, and it is now possible that Nancy Pelosi has been caught up in it.

“It’s not three or four steps removed,” Fitton said. “The drug presumably would be covered under the bill. So will any Democrat or Republican ask for an investigation of this, whether she violated the rules? On the face of it, she seems to be bringing discredit on the House as a result of this apparent conflict of interest.”

It will be interesting to see if anything becomes of this but I think we all no where this is headed. Nowhere.

Read my source material here.