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Yeah, it's the NPR.

Not much visible reaction from the Tar Heel Circle. Not believing, or taking quiet reasonable precautions?

Or possibly unloading stocks, selling short?

1 posted on 03/19/2020 3:42:52 PM PDT by heartwood
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To: heartwood

If they unloaded stocks based on this that’s called insider trading

Burr has been a douche for a long timehe would have been more than happy to dump on Trump because he’ll still be a senator

His much of that info was classified


2 posted on 03/19/2020 3:46:36 PM PDT by Nifster (I see puppy dogs in the clouds)
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To: All

Did Cong Schiff dump stock based on secret intel he had access to?

Adam Schiff is the head of the House intelligence committee, and has access to the government’s most highly classified information about threats to America’s security.

The intel committee was receiving daily coronavirus briefings, according to a Reuters story.

The stock market then began a sharp decline.

On Thursday, Schiff’s Senate counterpart, came under fire after NPR obtained a secret recording from Feb. 27, in which Intel chair Sen Burr gave a VIP group at the exclusive social club a much more dire preview of the economic impact of the coronavirus than what he had told the public.

“Senator Burr filed a financial disclosure form for personal transactions made several weeks before the U.S. and financial markets showed signs of volatility due to the growing coronavirus outbreak,” his spokesperson said. “As the situation continues to evolve daily, he has been deeply concerned by the steep and sudden toll this pandemic is taking on our economy.”


3 posted on 03/19/2020 3:52:13 PM PDT by Liz (Our side has 8 trillion bullets; the other side doesn't know which bathroom to use.)
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To: heartwood

Drag this ***hole out of his office and horsewhip him.

L


6 posted on 03/19/2020 3:56:30 PM PDT by Lurker (Peaceful coexistence with the Left is not possible. Stop pretending that it is.)
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To: heartwood

Weeks ago the cat was out of the bag.


7 posted on 03/19/2020 4:00:02 PM PDT by Brilliant
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To: heartwood

About 3 weeks ago and here on FR you would gotten the same and maybe better info. NPR has been flogging this all day. They are breathless to take someone out over COVID.


8 posted on 03/19/2020 4:00:30 PM PDT by nomorelurker
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To: heartwood

He sold over a million worth of stocks in 29 transactions on Feb 13.


13 posted on 03/19/2020 4:19:24 PM PDT by datura
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To: heartwood

Only $1.6 million dumped.

https://www.politicususa.com/2020/03/19/richard-burr-stock-selloff.html

https://www.opensecrets.org/news/2020/03/burr-unloaded-stocks-before-coronavirus/


14 posted on 03/19/2020 4:21:06 PM PDT by pilgrim
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To: heartwood

Oh come one now. Entry one who want fixated on impeachment, impeachment, impeachment knew this was a problem and coming our way. Gee, I guess I’m an inside trader as well.

Sorry, I am not going to give an inch to the media when it comes to this virus and their use of it. If that means supporting a d-bag like Burr, so be it.


16 posted on 03/19/2020 4:30:15 PM PDT by FlipWilson
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To: heartwood; laplata; GOPsterinMA

There are going to be revelations on both sides of the aisle! It’s time@


17 posted on 03/19/2020 4:30:23 PM PDT by DarthVader (Not by speeches & majority decisions will the great issues of the day be decided but by Blood & Iron)
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To: heartwood
Rabid partisan Democrat attacks by DNC shills like Tim Mak continue during the coronavirus emergency.

Wonder how much Xi is paying China news-stooges like this guy?   thinking face

18 posted on 03/19/2020 4:40:01 PM PDT by kiryandil (Chris Wallace: Because someone has to drive the Clown Car)
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To: heartwood
The chairman of the Senate Intelligence Committee warned a small group of well-connected constituents three weeks ago to prepare for dire economic and societal effects of the coronavirus, according to a secret recording obtained by NPR.

Three weeks ago?? Geesh it was pretty obvious 2 months ago to anyone paying attention.

20 posted on 03/19/2020 4:52:38 PM PDT by DouglasKC
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To: heartwood

Oh PLEASE! It was obvious to all but the FluBros that this was going to be HUGE DEAL, just from the reports coming out of China. Should be who acted on those reports (and got out of the market and stocked up) also be punished for Insider Trading?


24 posted on 03/19/2020 4:59:14 PM PDT by BobL (If some people here don't want to prep for Coronavirus, they can explain it to their families)
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To: heartwood

Not much visible reaction from the Tar Heel Circle. Not believing, or taking quiet reasonable precautions?

Or possibly unloading stocks, selling short?


There was a story somewhere this evening to the effect that Burr did just that. I think the number was $1.6 million.

So his notice to his pals was to sell, without actually saying so.

And no one asks how they get rich on a salary that will not even pay their bvills in DC.


29 posted on 03/19/2020 5:13:37 PM PDT by old curmudgeon (There is no situation so terrible, so disgraceful, that the federal government can not make worse)
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To: heartwood

Well, What we know is that he dumped stocks, big time. Thanks Richard, for not warning the rest of us.


31 posted on 03/19/2020 5:43:06 PM PDT by MrChips ("To wisdom belongs the apprehension of eternal things." - St. Augustine Do you think we have a chan)
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To: heartwood

Government always plays hide the ball with the public. at this moment, the model the government is using to drive policy is not public. Hide the ball.


32 posted on 03/19/2020 5:45:05 PM PDT by Cboldt
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To: heartwood

We need to find out how many senators and representatives sold stock in the past few weeks


33 posted on 03/19/2020 5:49:21 PM PDT by ladyjane
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To: heartwood

The reaction of the stock market could be postulated from what was made public about the virus in China and the problems with the cruise ships back in January. I don’t blame the politician for selling as it was a prudent thing to do. The information and speculation was there and he acted upon it but the information was available to everyone to evaluate.


34 posted on 03/19/2020 5:52:32 PM PDT by vetvetdoug
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To: heartwood

My 17-year-old son told me about coronavirus three or four weeks ago and I don’t think he has any kind of special access to information


35 posted on 03/19/2020 6:00:10 PM PDT by SquarePants (Everywhere is walking distance if you have the time)
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