Podcast Summary: The Tucker Carlson Show – “Nancy Pelosi Stock Tracker Chris Josephs: How to Get Rich by Investing Like a Politician”
Release Date: February 26, 2025
Introduction
In this episode of The Tucker Carlson Show, host Tucker Carlson engages in a deep conversation with Chris Josephs, the co-founder behind the Nancy Pelosi Stock Tracker and the innovative app, Autopilot. The discussion centers around the controversial topic of insider trading among politicians, the creation and impact of the Pelosi Stock Tracker, and the broader implications for trust in governmental institutions.
Unveiling the Nancy Pelosi Stock Tracker
Initial Skepticism and Revelation
The episode begins with Tucker Carlson expressing his initial disbelief upon encountering the Nancy Pelosi Stock Tracker on Twitter. At [00:00], Carlson shares:
“So Nancy Pelosi stock tracker is one of those things that I first saw on X on Twitter, and I thought, this cannot be. This is obviously fake.”
However, his skepticism is quickly dispelled when a Wall Street veteran confirms its authenticity. This revelation sets the stage for Chris Josephs to delve into the origins and purpose of the tracker.
Chris Josephs’ Journey
At [01:06], Josephs recounts his transition from a finance career in New York City to co-founding the Pelosi Stock Tracker:
“At 25, I was actually living in Bali. I quit my New York City job when I was doing finance, and I started working on my family company where we would sell sports compression products.”
His diverse experiences, including working as a snowboard instructor in New Hampshire and living in Bali, culminated in the creation of a platform that monitors and tracks the stock trades of influential politicians.
The Mechanics of Politician Stock Trading
Tracking Corruption and Insider Trading
Josephs explains how the Pelosi Stock Tracker was developed in response to growing concerns about politicians leveraging insider information for personal gain. At [03:25], he highlights:
“So unusual whales. He's an account on X. He was the one that initially started all this. So the Pelosi tracker, you know him? Yeah, yeah, yeah, we work with him.”
The conversation shifts to notable cases, such as Senator Richard Burr’s insider trading during the COVID-19 pandemic. At [04:51], Carlson underscores Burr's influential position:
“And the head of ssci, the Senate Select Committee on Intelligence is a major player in that's.”
Josephs details Burr’s suspicious trades shortly after public statements about COVID-19, emphasizing the lack of repercussions despite investigations by the DOJ and SEC.
Impact of the Stock Tracker
At [09:26], Josephs mentions the effectiveness of the tracker in highlighting ongoing corruption:
“She has had this one property that has made $100,000, lost 100.”
By tracking Pelosi and other politicians, the app has amassed significant investments, with users reportedly profiting from emulating these trades. Josephs notes:
“We have $300 million literally investing alongside her. People have profited $30 million trading, doing whatever she does in that time period, give or take.”
Broader Implications for Trust in Institutions
Erosion of Public Confidence
The discussion delves into how such corrupt practices erode public trust in governmental institutions. At [30:45], Josephs articulates:
“The war ones are crazy too. Like there's so much that you can get into.”
Carlson echoes these sentiments, expressing frustration over the perceived unaccountability of politicians and the systemic issues that allow insider trading to flourish.
Proposed Solutions
Josephs advocates for stricter regulations, including immediate disclosure of trades and the implementation of blind trusts. At [66:04], he suggests:
“Make them file the same day so that you increase transparency.”
He also criticizes existing legislation like the STOCK Act, pointing out its inadequacies and the loopholes that enable continued corruption.
Other Politicians Under Scrutiny
Dan Crenshaw and Debbie Wasserman Schultz
The conversation expands to other politicians engaged in questionable trading activities. Josephs highlights Dan Crenshaw’s investments, particularly in Meta, and Debbie Wasserman Schultz’s involvement in trading defense stocks like Raytheon. At [32:00], he remarks:
“She gets people don't like that woman. Well, nobody likes her.”
Impact on Legislation and Public Policy
The episode discusses how these financial maneuvers influence policymaking, creating conflicts of interest that undermine democratic principles. Josephs emphasizes the need for politicians to prioritize public welfare over personal gain, stating:
“The war stocks… Profit from war probably shouldn't be allowed.”
The Role of Social Media and Citizen Journalism
Amplifying Awareness
Josephs credits social media platforms, particularly X (formerly Twitter), for amplifying awareness and holding politicians accountable. At [83:17], he asserts:
“At the end of the day, the conversation is being had and it's a step in the right direction.”
Challenges Faced
Despite the success, the conversation touches on the challenges faced, including platform restrictions and pushback from political entities. Carlson shares his personal experiences interacting with politicians accused of corruption, highlighting the entrenched nature of the problem.
Autopilot: Investing Transparently
Building Trust Through Innovation
Josephs introduces Autopilot, an app designed to foster trust by allowing users to invest transparently alongside ethically managed funds. At [75:04], he explains:
“With Autopilot, what we're trying to do is solve that trust and transparent way by building a marketplace to find a money manager and then invest through that money manager in a way that you still have control.”
Vision for the Future
The app aims to democratize investment strategies and eliminate the opacity surrounding politician trades. Josephs envisions a future where financial management is aligned with personal values and public trust.
Conclusion
The episode concludes with a call to action for greater transparency and accountability in political finance. Both hosts express a shared commitment to restoring trust in institutions through vigilant tracking and innovative solutions like the Pelosi Stock Tracker and Autopilot.
Notable Quotes
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Tucker Carlson [00:00]: “This is obviously fake. In fact, I didn't even consider for a second that it could be real.”
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Chris Josephs [03:25]: “He was the one that initially started all this... He actually deserves so much credit for this stuff.”
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Tucker Carlson [09:49]: “Since because I'm from DC, I don't think the head of the Senate Intel Committee can ever be charged with a crime because he knows too much.”
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Chris Josephs [66:04]: “Make them file the same day so that you increase transparency, allowing that.”
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Tucker Carlson [77:03]: “You should be shocked by it. You should fight against it.”
Key Takeaways
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Insider Trading Among Politicians: The podcast sheds light on the pervasive issue of politicians using insider information for personal financial gain, undermining democratic integrity.
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Effectiveness of Stock Trackers: Tools like the Nancy Pelosi Stock Tracker play a crucial role in exposing and tracking unethical financial behaviors within government.
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Impact on Public Trust: These corrupt practices significantly erode public confidence in institutions, highlighting the urgent need for stringent regulations and transparency.
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Innovative Solutions: Apps like Autopilot offer a pathway to rebuild trust by enabling transparent and values-aligned investment strategies for the public.
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Role of Citizen Journalism: Social media and grassroots efforts are pivotal in holding powerful figures accountable and fostering an informed electorate.
This episode offers a comprehensive exploration of the intersection between politics and finance, emphasizing the necessity for accountability and the restoration of trust in public institutions. Through insightful discussion and real-world examples, The Tucker Carlson Show underscores the importance of transparency in safeguarding democracy.