Posted on 03/20/2020 5:48:52 AM PDT by EyesOfTX
Utter Treason.
He was blowing smoke up the public’s ass while lining his own nest and telling the truth to his allies.
Call and leave a message for this profiteering traitor:
(202) 224-3154
“””””On his Fox News show last night, host Tucker Carlson lambasted Senator Richard Burr chairman of the corrupt Senate Intelligence Committee “””””””””
No bias there.
Gee. Would anyone be shocked if you audited the portfolios of all the 435 members of the House, all of the 100 Senators and their wives, to find that many did the same thing?
who profits from this story?
Smearing Ron Johnson in an attempt to goose voting for WSSC for a Madison Loon April 7?
I could've sold out and the market kept rising, but it didn't happen that way.
I happened to win this one. The next one I may lose ...
I heard Feinstein did it too. Her hubby unloaded millions.
Burr? Loeffler and her husband should go to prison.
There goes Tucker again.
I don’t like to repost info I have posted on other threads but the market didn’t really fall until March. Everyone was aware before that this was going to be a bumpy ride with no definite end point.
The timing of the Congressional sales and the fact that it was a more general sale not one stock that the Congress critters had specific information on will make this a problematic action to classify as insider trading.
“who profits from this story?”
Looks like the only one profiting is traitor-Senator Burr,
who dumped his stock portfolio and told his friends to do
the same, while he was lying to the public about the
dangers of CV
Kelly Loeffler is claiming her stock portfolio is part of a blind trust and she had no input or knowledge of the sell off. This may be the case with others.
Not happening, no deep doo doo for Burr NOR a host of other Congress/Senate peeps who did likewise. Wanna bet? gg /s
The information he supposedly based his selling on was made public some days before he sold.
Although a shady and lousy thing to do, I don’t see the crime.
He was under no obligation to make a public announcement saying how bad this was going to get.
A number of FReepers bailed early too.
Claiming it when it is obviously untrue won;t help much. My guess is folks out here in flyover have had enough with DC corruption. And discovering it when the entire country is in prison isnt gonna make people exactly more understanding. Time for the National Razor if the DOJ keeps dragging their feet.
These senators must take stupid pills every so often.
Why did they think they could get away with this?
But, he is not alone on this stock sell off.
Most of the swamp critters use insider information to line their pockets, whether it's stock knowledge, future construction projects, or any other way that information is fungible.
You don't think people spend millions to get a job that pays less than $200K/year?
$200,000 is good money, but most of the swamp dwellers are lawyers, doctors or business people, many of whom, have considerable earning power, way past $200K/year.
Many do it for the 'side knowledge benefits'.
How do you know it was obviously untrue when thousands of other were unloading stocks at the same time - thats why the market went down?
I’m sorry— I’m not seeing anything wrong here. My understanding is he base his information on non-public information.
And his statement about the US being in a good position to weather the outbreak has nothing, in my opinion, to do with his positions on the stock market. Whether or not stocks go down is related to public perception, which is always fickle. The market’s recovery after, on the other hand, is related to the US’s good position.
What the Senator did is prudent, certainly not nefarious.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.