New FTC Rule Could Apply To Pelosi

New FTC Rule Could Apply To Pelosi

Pelosi and Pals Could Be Hoisted On Their Own Petard!

William Collier

Under pressure from federal lawmakers concerned about high energy prices, the U.S. Federal Trade Commission proposed a rule prohibiting petroleum-market manipulation, giving the agency authority to levy fines of up to $1 million per violation a day.

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Pelosi, who owns stock in CLNE, a company founded by T Boon Pickens and LIBERAL activist WR Hambrecht, stands to make MILLIONS on an $50,000 to $100,000 investment which may include anywhere from 3,000 to 22,000 shares, depending on the price she paid (we are efforting that now).

Here is a sense of perspective.

Current Price: $14.70

Open: $14.28

Previous Close: $14.27

Volume: 450,279

Market Cap: $632.13M

During the INITIAL offering, before the stock was offered in public, the stock was sold to a select group of investors for $3.86 per share, and this amounted to around 125,000 shares. Pelosi made her purchase on the day the stock was offered, which makes one suspicious that she was able to get the stock at the lower price. Her close ties to Hambrecht, a liberal activist who gives $80,000 per year to liberal causes, make one suspect that she had to have been in on the offering but we cannot prove this.

Here is what is irrefutable. The company is valued at $632 MILL but if it succeed in its Proposition 10 proposal for California, it would increase its value at least tenfold and if the Pickens Plan, which calls for hundreds of BILLIONS of dollars, goes through its value could be increased a hundredfold! No matter how you slice it, Pelosi would WANT Proposition 10 AND the Pickens plan to succeed seeing as how she stands to gain $1 million to $10 million from the deal and for a woman who is “only” with $25 million this is nothing to sneeze at.

Pelosi’s manipulation of the market is of a most decisive kind, she is using the excuse of “saving the planet” to refuse to allow the market, and not a central panning committee or government, to determine what kind of energy is produced where. Pelosi is using the power of the Speaker’s chair, using the rhetoric of a green warrior, but by all appearances she is acting as the handmaiden of the Pickens Plan for her own gain.

A lesson in ethics is a good thing:

DEPARTMENT OF THE NAVY CODE OF ETHICS

Key References: Title 5–Administrative Personnel Chapter XVI–Office Of Government Ethics Part 2635–Standards Of Ethical Conduct For Employees Of The Executive Branch–Table of Contents Subpart A–General Provisions Sec. 2635.101; Employees’ Responsibilities under Executive Order 12674 (as amended).

DO

• Place loyalty to the Constitution, the laws, and ethical principles above private gain.
• Act impartially to all groups, persons, and organizations.
• Give an honest effort in the performance of your duties.
• Protect and conserve Federal property.
• Disclose fraud, waste, and abuse, and corruption to appropriate authorities.
• Fulfill in good faith your obligations as citizens, and pay your Federal, State, and local taxes.
• Comply with all laws providing equal opportunity to all persons, regardless of their race, color, religion, sex, national origin, age, or handicap.

DO NOT

• Use nonpublic information to benefit yourself or anyone else.
• Solicit or accept gifts from persons or parties that do business with or seek official action from DOD (unless permitted by an exception).
• Make unauthorized commitments or promises that bind the government.
• Use Federal property for unauthorized purposes.
• Take jobs or hold financial interests that conflict with your government responsibilities.
• Take actions that give the appearance that they are illegal or unethical.

The American Communicator

Special to The #Dontgo Movement

Please support my good friend Bibby Copeland!
It is not often that a young man gets a chance to be intimately involved in serving his nation in the political arena, but when he does he certainly should step up to the plate

My good friend and collaborator, Bobby Copeland, has been given an opportunity to serve an internship in Washington DC with the RNC. Mr Copeland is a man we can trust, a rising star, and we need a friend on the inside who is loyal to us.

The future begins with Bobby’s internship to the Republican National Committee (GOP) in Washington, D.C.

He has been accepted and will be working with the Chairman’s Division and some of his duties include interacting with the White House, Presidential Campaign and high-ranking party officials/members. The internship lasts for the fall semester of 2008.

If you can help, even with $10 or so, please help out!

 

Please support my good friend Bibby Copeland!
It is not often that a young man gets a chance to be intimately involved in serving his nation in the political arena, but when he does he certainly should step up to the plate

My good friend and collaborator, Bobby Copeland, has been given an opportunity to serve an internship in Washington DC with the RNC. Mr Copeland is a man we can trust, a rising star, and we need a friend on the inside who is loyal to us.

The future begins with Bobby’s internship to the Republican National Committee (GOP) in Washington, D.C.

He has been accepted and will be working with the Chairman’s Division and some of his duties include interacting with the White House, Presidential Campaign and high-ranking party officials/members. The internship lasts for the fall semester of 2008.

If you can help, even with $10 or so, please help out!

Click here to make a donation of $10 or more to send Bobby Copeland to the RNC Internship in Washington, D.C.

This entry was posted on 14. August 2008 at 04:15 and is filed under Freedom News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response or trackback from your own site.

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