Speaker of the House Nancy Pelosi’s home district includes San Francisco. Star-Kist Tuna’s headquarters are in San Francisco, Pelosi’s home district. Star-Kist is owned by Del Monte Foods and is a major contributor to Pelosi. Star-Kist is the major employer in American Samoa employing 75% of the Samoan workforce.
Paul Pelosi, Nancy’s husband, owns $17 million dollars of Star-Kist 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. 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.
Pelosi says …Republicans are corrupt. She should know.
source
Wednesday, October 22, 2008
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