Paul Pelosi, Nancy’s husband, owns $17 million dollars of Del Monte stock. In January, 2007 when the minimum wage was increased from $5.15 to $7.25, Pelosi had American Samoa exempted from the increase so Del Monte would not have to pay the higher wage.Â This would make Del Monte products less expensive than their competition’s.
Last week when the huge bailout bill was passed, Pelosi added an earmark to the final bill adding $33 million dollars for an “economic development credit in American Samoa”.
Nancy Pelosi has called the Bush Administration “corrupt”…?
Well she would know…..!