‘60 Minutes’ Reporter Kroft Gets Tough With Pelosi During Press Conference
- Posted on November 3, 2011 at 11:45pm by
Jonathon M. Seidl
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Nancy Pelosi refused to sit down with “60 Minutes” for an upcoming story on her personal stock portfolio while considering legislation that related to those investments. But reporter Steve Kroft wouldn’t take no for an answer. He decided, then, to infiltrate a regular-scheduled press briefing on Capitol Hill and ask his questions there, in front of everyone.
Politico explains:
Shortly beforehand, Kroft had asked Pelosi a much more specific question during her news conference: Why had she and her husband participated in March 2008 in “a very large” initial public offering “from Visa at a time when there was major legislation affecting credit card companies making its way through the House?”
Visa’s IPO was one of the largest, with more than 400 million shares offered. Investors laid out more than $17 billion for the stock at the time.
Pelosi responded by pointing to the various protections for credit cardholders that Congress has passed since the financial crisis in the past few years, particularly New York Democratic Rep. Carolyn Maloney’s Credit Cardholders’ Bill of Rights, which was so unpopular with the credit card industry that “they spent $3 million trying to defeat her last time.”
“First of all, what you’re contending is not true,” Pelosi said. “Second of all, we are very proud of our record of what happened.”
Video of the incident went viral on Thursday:
Pelosi supporters will be happy to know that she wasn‘t Kroft’s only target. He also quizzed current Speaker John Boehner. Again from Politico:
“I have not made any decisions on day-to-day trading activities of my account and haven’t for years. I do not do it, haven’t done it and wouldn’t do it,” Boehner said, in response to Kroft’s question about his trading health care stocks during consideration of legislation dealing with the industry.
When Kroft asked whether House members should be able to trade stocks when Washington is considering legislation that could affect such stocks, Boehner replied, “I think there are plenty of rules of the House and certainly rules from the SEC that members should follow and I believe do follow.”
Pelosi’s office told Politico that “60 Minutes” told them its upcoming report is based on a book by conservative writer Peter Schweizer, who serves as a fellow at the Hoover Institution. His previous books include, “Do as I Say (Not as I Do): Profiles in Liberal Hypocrisy” and “Architects of Ruin: How Big Government Liberals Wrecked the Global Economy – and How They Will Do It Again if No One Stops Them.”
“60 Minutes” declined to comment, as it refrains from doing so regarding current reporting.
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Comments (30)
conservatype
Posted on November 5, 2011 at 9:26pmIf you look closely, you can see the horns protruding through her hair…….
Report Post »Krutch
Posted on November 5, 2011 at 4:18pm“If it is in my interest, there is no conflict!” That’s what she meant to say.
Report Post »valleyfever
Posted on November 5, 2011 at 12:23amWhen you reach a certain pay grade in the govt you have to fill out disclosure paperwork annually to ensure that there is no conflict nor appearance of confict of interest with companies that do business with the govt. Certainly when you are evaluating proposals from such companies seeking govt contracts a single share of stock in a company can disqualify you from evaluating their proposal. On the other hand we have these crooks in the legislature who operate under a different set of rules. They are doing stock and real estate deals under the table and there is NO oversight and No disclosure of their activities. Pelosi is just another crooked politician lining her pockets.
Report Post »MistaB
Posted on November 4, 2011 at 2:27pmTwa t!
Report Post »MistaB
Posted on November 4, 2011 at 2:25pmWhat a ****!
Report Post »MistaB
Posted on November 4, 2011 at 2:26pmThe word was twa t!
Report Post »kellied
Posted on November 4, 2011 at 2:19pmOh yeah! How much wealth has she gained since she has been in Washington–Killing America?? She looks down their nose (Nancy’s numb face) at all the Americans that are having a hard time keeping their house note paid, and food for their family. THUGS!!! One of the most hated people in America?
Report Post »A Voice Crying in the Wilderness
Posted on November 4, 2011 at 12:55pmShe’s really talented……at double-speak. Has she pimped out her face?
Report Post »LadyLibertykicksASS
Posted on November 4, 2011 at 12:52pmIs it my imagination, or are Nancy’s eyes getting further apart and migrating towards her forehead ?????
Report Post »drattastic
Posted on November 4, 2011 at 12:51pmSquirm B I T C H , squirm like the parasitic worm you are.
Report Post »roadhog
Posted on November 4, 2011 at 11:52amSteve Beware of Botox attacks for the Senile Old Fart.
Report Post »lynnissmart
Posted on November 4, 2011 at 11:48amShe is a lying sack and she and all the democrats, including the top one, believe that. they are above the law….nothing new here!
Report Post »ColoradoMaverick
Posted on November 4, 2011 at 11:41amCongress is the only people who are legally allowed to get away with insider trading. Pelosi is one of many corrupt congressmen who make millions of dollars from insider trading that would put the rest of us in prison.
Report Post »wallst4sport
Posted on November 4, 2011 at 11:25amIt depends on what the meaning of the word is, is. Politicians on both sides of the aisle benefit from their power and tell lies as easily as taking another breath. If they had any conscience they would be ashamed of themselves but unfortunately they do not.
Report Post »EqualJustice
Posted on November 4, 2011 at 11:05amI notice that WHENEVER she lies her eyes POP WIDE OPEN like a deer in headlights. BAGGED!
Report Post »EqualJustice
Posted on November 4, 2011 at 11:02amEWWW she got PIZZED at him. BACK OF ROOM next press conference…
Report Post »EqualJustice
Posted on November 4, 2011 at 11:01amHAHAHA OMG – someone asked a REAL QUESTION. She does not know how to respond… SHE IS PROUD of how much money she and her family have made over the years!! (notice she had to get in the BUSH name)
Report Post »rdk
Posted on November 4, 2011 at 10:37amA crook is a crook and beyond that is a crook.
Report Post »Free2speakRN
Posted on November 4, 2011 at 11:41amScratch a liar, find a thief.
Report Post »Pokerjoe
Posted on November 4, 2011 at 10:25amWhy do people ever think she tells the truth? She get away with all the time. Lies all the time. The good people of the golden state wake up.
Report Post »JRook
Posted on November 4, 2011 at 10:57amOh so I guess Boehner provided a more truthful answer. Wake up we have the best politicians money can buy. And putting corporate hacks like Cheney and potentially Cain is just improving the efficiency and productivity of the real decision makers.
Report Post »Gonzo
Posted on November 4, 2011 at 10:04amI honestly think she is unhinged.
Report Post »MUDFLAPS
Posted on November 4, 2011 at 9:50amI see her lips moving…. so I believe she is lying.
Report Post »JLGunner
Posted on November 4, 2011 at 9:46amGeeeezz, this was no ordinary tap dance , this was a full blown riverdance. This woman (sarcasm) believes her own dumb crap.
Report Post »reality based lifeform
Posted on November 4, 2011 at 8:33amBeck was talking about this same issue on his radio show a week or so ago . Apparently members of congress are exepted from any insider trading laws so only they can take advantage of the laws they write and pass favorable to their ( and or their spouses ) personal financial holdings,
Report Post »Boener’s comments about members of congress following trading rules is a crock because there seems to be none.
poverty.sucks
Posted on November 4, 2011 at 8:32amAny inside, non-public knowledge they gain can be acted upon, why would Pelosi say it’s untrue that she would act upon an investment?
To a Liberal, what is the meaning of Truth?
Report Post »lukerw
Posted on November 4, 2011 at 8:23amA deer… in the HeadLights!
Report Post »NHABE64
Posted on November 4, 2011 at 8:10amHa! Ha! Looks like airhead Pelosi got her panties all in a wad over that question. Typical corrupt politician sidetracking the question and unable to answer it truthfully. She is a complete disgrace and should have been fired years ago and sent to prison. I am completely ashamed of this lying phoney.
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