Venezuelan leader Hugo Chavez is one the rightwing’s favorite boogiemen. So, guess who dumped a bunch of Venezuelan oil stock before announcing their political run? If you guessed multi-millionaire government welfare queen Michele Rollins, you’d be right!
A wealthy Republican running for Delaware’s at-large House seat dumped a large investment in Venezuela’s state-run oil company as she was readying paperwork during her run for Congress.
Michele Rollins owned a bond worth between $250,000 and $500,000 in Petroleos de Venezuela SA, the megalithic oil entity controlled by Hugo Chavez’s government. She sold the asset, earning between $50,000 and $100,000, as she was preparing financial disclosure forms to run for Congress, according to her campaign.
I’m so glad Michele Rollins is dedicated to her core principles – making as much money for herself as possible.