But not surprising.
Ralph Nader is a long time fraud. According to the author of "Do As I Say":
I have relatives who are Ralph Nader supporters and friends of the liberal left, and it dawned on me, as I heard them talking about these issues passionately, that oftentimes there was a yawning gap between what these people say that they actually believe and how they actually live their own lives.
Ralph Nader talks a lot about co-ops. He loves co-ops. The problem is, Ralph Nader doesn’t invest in co-ops. You see, when Ralph Nader ran for President, and he’s run a couple of times, he released his financial disclosure forms. What these reveal is that Ralph Nader has no investments in community co-ops but he owns stock in a whole host of companies. What’s interesting is, they’re all non-union. These are high-tech companies that do a whole lot of business in the developing third world. This is the friend of the working man. He wants other people to invest in co-ops but he’s going to invest in Fortune 500 companies himself.
But it gets even deeper with Ralph Nader, because he’s been an activist for more than 40 years. What’s very interesting is, when you go back and look at Ralph Nader’s stock investments over the years, through tax shelters that he owns, you find a very, very interesting pattern. For example, in 2002, he supported the fair use of copyright, which was a position supported by Verizon, a company in which he owned $300,000 in stock. In 2000, when he campaigned for the break-up of Microsoft, he quietly held investments in a whole host of high-tech companies that also wanted to see the break-up of Microsoft and understood that it would benefit their business.
In 1976, he campaigned against Firestone but he bought shares in Goodyear. This is all completely documented. In 1973, he bought shares in Allied Chemical, which produced air bags, about a month before he came out publicly in support of air bags. In 1970, he campaigned against the merger involving IT&T and he quietly short-sold those stocks, anticipating of course that, if the merger didn’t go through, he would make a lot of money.
Being well meaning, otherwise intelligent liberals often embrace frauds and con artists as long as they say the right things. Now that he's finally slipped and shown his true colors, maybe Nader's followers will finally face other unpleasant facts about his lifestyle and worldview.