Posted on 03/20/2020 9:03:58 AM PDT by SeekAndFind
There's blood in the water on Capitol Hill and Democrats are bathing in it.
North Carolina Senator Richard Burr is hitting back against a story in NPR that detailed how he sold $1.6 million in stocks after receiving a private briefing about how bad the virus was going to get and then writing an op-ed reassuring his constituents that the government was prepared for the pandemic.
NPR also said he addressed a group of private donors to brief them on the virus, being considerably more pessimistic than he was in his op-ed.
Four other GOP senators -- Georgia's Kelly Loeffler, Wisconsin's Ron Johnson, Georgia's Sonny Perdue, and Oklahoma's James Inhofe -- also sold off stock following briefings on the virus.
Burr tried to set the record straight.
He said:
"In a tabloid-style hit piece today, NPR knowingly and irresponsibly misrepresented a speech I gave last month about the coronavirus threat.
Let me set the record straight. 1/
This lunch was hosted on Feb. 27 by the North Carolina State Society. It was publicly advertised and widely attended.
NPR knew, but did not report, that attendees also included many non-members, bipartisan congressional staff, and representatives from the governor’s office. 2/
Every state has a state society. They aren’t “secretive” or “high-dollar donor” organizations. They’re great civic institutions that bring people in D.C. together for events, receptions, and lunches.
And they’re open to anyone who wants to get involved. 3/
Like most members of Congress, I address our state society every year.
That a good thing. That’s what we should be doing.
Meeting constituents and talking to them about the work we’re doing in D.C. is an important part of our job, especially in times of uncertainty. 4/
(Excerpt) Read more at pjmedia.com ...
We know Feinstein's voters won't throw her under the bus.
RE: So, THAT’S how demonicRATS are going to re-take the Senate.
Yep, and Republicans just made it easy for them.
Burr says he got his stock tips from CNBC.
“THAT’S how demonicRATS are going to re-take the Senate.”
—
By forcing Republican senators to betray the country in a time of crisis by engaging in insider trading?
That IS quite a trick!
The way that the laws in the United States are currently written, insider trading (trading with the benefit of non-public information) is perfectly fine for members of Congress. That’s right - members of Congress can trade using insider information and it is perfectly legal. No fines. No jail time. 100% legal.
UN-BE-LI-EV-AB-LE
And there is a law against members of Congress doing this.
Wow! The five-hundreth post of the same tripe! This is a typical narrative being pushed so that the DUmocrats retain Congress. They’re always pushing the “inequality” class-warfare type of stories. Until Hitlery’s “cattle futures” are investigated, it’s a non-issue.
Why are they after Senators? Hmmmm? Oh yeah to regain a majority!
Just go after Republicans who do it, not Democrats.
Pretty slick.
Ron Johnson and Richard Burr are safe.
They’re not up for re-election this year.
The issue is the law that gives Congress this special loophole!
All leaderships guilty here. Needs to be reversed and those acting need to give back to the country what they saved.
The hard left hates DiFi. They’ll happily throw her overboard, too.
No. By exploiting that behavior when they know damn well it been going on for years.
The president will be re-elected, but it looks like he’ll be dealing with a Democrat House and Senate. The Deep Staters in the GOP got exposed by their RAT buddies. We all know both parties are in knee deep in this crap, but it’ll be the GOP who will be blamed. Hey Deep State Repukes the RATs hate you as much as they hate us conservatives. You’re just useful idiots for them!
I’m suspicious too. Early reports of any foreign or domestic threat to our savings and investments makes us free to react to it. Possibly I don’t understand the “insider trading” technicalities, but Wall Street insiders are not implicated, yet, and congressional representatives are still American citizens, after all.
Except for Diane Chinstein, maybe.
“The way that the laws in the United States are currently written, insider trading (trading with the benefit of non-public information) is perfectly fine for members of Congress. That’s right - members of Congress can trade using insider information and it is perfectly legal. No fines. No jail time. 100% legal.”
Not exactly. The law was changed in 2012.
https://en.wikipedia.org/wiki/STOCK_Act
Thanks again, for the umpteenth time, for propagating LEFTIST talking points.
Dianne Chinstein. Good one. A reference to her Chinese spy chauffeur. Proof enough she can survive this scandal.
“By exploiting that behavior when they know damn well it been going on for years.”
—
So, you’re blaming Dems for not outing Republican corruption in years past?
Mollie Hemingway is correct; leave it up to the voters to remove these peeps if warranted. I personally wouldn’t trust any Ds, but....
The Chinese Flu had obviously been in the news, which probably prompted thousands to sell out of the market, protecting against what may have been an obvious sell-off and long predicted over-valuation. Loeffler’s hubby runs the NYSE and would naturally see all trends. And what a bad look for her, just months after taking office to subvert the trust of voters in the midst of a campaign to pad her portfolio.
As for Burr, Mollie recommends removal from his Intelligence chair where he undermined DjT whenever he could, including supporting Adam Schitt. McConnell should view these questions of integrity as problematic in such a sensitive position.
Botton line, I smell D subversion. Whatever it takes to regain power. 4 Rs for 1 D is a pretty good trade, right Adam ? Have you engineered another coup to make room for you after Feinstein resigns.
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.