Posted on 03/19/2020 7:30:33 PM PDT by rintintin
There has been outrage across the political spectrum over a shocking report that Senate Intelligence chair Richard Burr (R-NC) dumped as much as $1.7 million in stock just before the market tanked, despite publicly maintaining that the government was on top of the coronavirus. Thursday night on Fox News, Tucker Carlson completely tore into the senator from the Tar Heel state.
In a scathing end-of-show commentary, Carlson called on the senator to either justify his actions, or step down and be indicted.
“Maybe there is an honest explanation for what he did,” Carlson said. “If there is, he should share it with the rest of us immediately. Otherwise, he must resign from the senate and face prosecution for insider trading.”
(Excerpt) Read more at google.com ...
Sorry Senator Barr.
If you want to get away with corruption, you must have a “D” after your name.
Tucker is right. Either give a very good explanation or resign.
One down, 534 to go.
I’m pretty sure Congress exempted itself from insider trading rules. They get to dump stock before a crash. Just don’t you or I do it
That is my understanding.
He can take Kelly Loeffler with him.
“Sen. Kelly Loeffler reportedly ‘dumped millions’ in stock before coronavirus tanked markets”
lol
He was at some meetings saying how terrible it was gonna get and at other events saying it was overblown.
That’s the hard part to explain away
Just who does Tucker Carlson think he is? There is a two tier system of justice, and Burr is top tier.
Just exactly how does a senator get $1.7 m in stock to begin with? I don’t know anything about Burr, but in general these public servants find so many ways to enrich themselves while in office.
imho, the govt is on top of the virus issue.
(perhaps too much so in some places? but we will reserve judgment on that awhile)
so
i think the senator was speaking correctly ..
from what i read...what he discussed on this so called “secret tape”...was actually posted by the C.D.C 2 days prior....now, his stock dump might be a different matter...
Been saying it for years...has done nothing to support TRUMP...way to silent in using his power on “intelligence chairmanship to get to heart of issue...cause he has been too busy in robbing the bank and his constituency! He doesn’t give a rats ass about us the citizens of NC!
Just because you're a member of Congress, it doesn't mean you have to
have inside information to sell your stocks.
I don't like crooked Congress-critters anymore than anyone else does,
but we have to be rational about this.
Members of Congress shouldn't be blocked from selling stocks that
everyone else is selling.
Looks like a few more of them dumped stocks.
Steve Lookner Retweeted
Jamie Dupree
@jamiedupree
·
35m
In a report filed today, Sen. Ron Johnson R-WI with a very large stock sale earlier this month.
Steve Lookner
@lookner
·
23m
Senator Jim Inhofe also sold large amounts of stock on the first trading day after a closed-door, all-senators briefing on the coronavirus
Lachlan Markay
@lachlan
·
1h
Loeffler also purchased between $100,000 and $250,000 in Citrix, which offers popular teleworking software and has actually seen a slight bump in its stock price
hmm...
No crime against bailing early unless he was privy to information we didn’t have.
Some freeper dumped 90 percent as soon as there were signs of trouble.
That’s right Sucker Carlson, hand the Senate to the Dems who do much worse than Burr Turd could ever dream off.
Isn’t time that Sucker went back to driving fear over this virus?
Anyone who was watching this at all would do the same. I pulled all my 401k out of equities. That was the smart thing.
Silly Tucker, he knows as well as the rest of us there is no rule of law.
“Members of Congress shouldn’t be blocked from selling stocks that everyone else is selling.”
Insider trading usually means selling right before everyone else does, or buying right before everyone else does, based on knowledge they don’t have.
You don’t like laws against insider trading?
Hence lower stock prices going forward for those enterprises likely to be able to weather the short term sales drop with the others going outta bidness.
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