To the Editor:
Speaker of the House Nancy Pelosi holds herself and fellow Democrats to be paragons of virtue and ethics.
She just warned Americans in communist China to not say anything against Communist China even though they have over a million Muslims in concentration camps and pay slave wages to many of their citizens.
Could Pelosi’s remarks have more to do with how an antagonistic Communist China could affect her family’s stock portfolio invested in China?
She and President Biden and his family share that dubious distinction in common and subject them to financial pressure or blackmail by the communists. For those who don’t believe this, look at the information below which can be Googled.
According to Pelosi’s disclosure form, most of the Hambrecht-linked investments produced losses or very little income last year except for one — an investment worth $5 million to $25 million in an investment firm called Matthews International Capital Management. The firm, partly owned by Hambrecht, specializes in Asian investments and earned Paul Pelosi somewhere from $100,000 to $1 million in income last year. Paul Pelosi also maintained a brokerage account with Hambrecht’s firm last year worth $500,000 to $1 million.
Larry Moran
Village of Mallory Square
