As a believer in peace, free markets, and individual liberty, living on the Left Coast can be very frustrating.
Everywhere I look, there are the legacies of collective, governmental action: crumbling schools, thousands of prisons, fleeing capital, unions with entrenched political power, and billions in red ink and debt.
For the last two decades, the electoral face of the policies that have created these problems are the Queens of California; the trio of Nancy Pelosi, Barbara Boxer, and Dianne Feinstein.
Every time they fly their private jets to Washington, DC, they expand the size and scope of government, at a terrible cost to our wealth and our liberty.
As our property is centralized into their hands, the irony is they, like nearly all politicians, are fabulously wealthy themselves. According to SF Gate, Madame Speaker Pelosi is a multimillionaire:
Pelosi, D-San Francisco, reported income of $102,161 from book
royalties in addition to her salary of $223,500 as speaker. She also has
several joint accounts and properties with her husband, Paul Pelosi, a
real estate investor and venture capitalist.
The couple own a St. Helena vineyard, Zinfandel Lane, valued $5
million to $25 million, in addition to a town home valued from $1
million to $5 million.
Paul Pelosi also has stock in several companies, including Apple,
Microsoft and Yahoo. He also listed a partial sale of stock in the
United Football League valued at $1 million to $5 million, and a partial
sale of stock in Motorola valued at $500,000 to $1 million.
So is Senator Boxer:
Boxer's value of assets is listed in a blind trust that the Senate
Ethics Committee approved in 2001. The value of the trust is estimated
at between $1 million and $5 million, according to her financial
disclosure statement. Stewart Boxer reported assets in Wells Fargo Bank
valued at $100,000 to $250,000.
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