Editor’s Commentary: As more Americans come to the realization that the vast majority of our “representatives” on Capitol Hill are there to make themselves rich while rubbing shoulders with the powerful, there’s a not-so-secretive reality behind it all. They may make a ton of money from their perch in Congress, but that’s nothing compared to what many of them can make after leaving.
RINO Congressman Patrick McHenry is about to cash in. As chair of the powerful House Financial Services Committee, he has the connections necessary to land an 8-figure job after he leaves office. He’s making it official soon, according to Axios.
Any chance that he might stay in Congress melted away when his buddy, Kevin McCarthy, was ousted from his position as Speaker of the House. With no more leverage over the Chair, McHenry’s future was sealed.
Here’s the writeup from Discern Reporter generated by corporate media reports:
House Financial Services Chairman Patrick McHenry (R-N.C.) is expected to announce that he will not seek re-election, according to three GOP lawmakers who confirmed the news to Axios.
McHenry, a North Carolina Republican first elected to his seat in 2004, has played a significant role in policy decisions and conference leadership. He notably served three weeks as interim Speaker during the search for a replacement for former Speaker Kevin McCarthy (R-Calif) in October.
As a key negotiator, McHenry has been involved in shaping important pieces of legislation, including the debt ceiling deal earlier this year. He also served as the chief deputy whip for House Majority Leader Steve Scalise, overseeing many whip duties while the Louisiana Republican recovered from injuries sustained in the 2017 congressional baseball shooting.
It’s worth noting that McHenry was set to term out of his chairmanship at the end of the current term. Several lawmakers speculated that his departure was likely, anticipating that he would receive multiple lucrative job offers due to his position on the committee.
The announcement of McHenry’s exit is expected to trigger a race for the coveted chairmanship and is a source of concern for some within the Republican party, as retirements could impact their ability to retain the majority.
Sound off about this news on The Liberty Daily Substack.
Image by Brookings Institute via Flickr, CC BY-NC-ND 2.0 DEED.
At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.
The AVERAGE congressional critter, when leaving congress foe a lobbyist job, increases their salary by ONE THOUSAND PERCENT (1,000%)!
And that’s all she wrote . . . .
Term Limits!