Posted on 04/08/2020 6:08:29 PM PDT by cotton1706
At the casino, the house (almost always) wins. In the stock market, Sen. Richard Burr (R-NC) never seems to lose. That’s certainly the reputation Burr has managed to cultivate these last few weeks as his financial disclosures showed he sold off major stock positions worth up to $1.72 million just ahead of the market crash resulting from the COVID-19 coronavirus pandemic. Another of Burr’s well-timed stock trades is now drawing scrutiny. Burr sold off nearly $47,000 worth of shares in an obscure Dutch fertilizer company in 2018 — when the stock was near its five-year peak. Burr’s profitable sale came just weeks before the stock tanked and lost nearly half its value, ProPublica reported Tuesday.
(Excerpt) Read more at msn.com ...
Click on the article link and you’ll see.
[Congress...
where people spend millions to get a job that pays (in salary) thousands...]
Senate Democratic Caucus rules are not publicly available, so it is hard to determine how those rules apply to subcommittee assignments. However, unlike their Republican counterparts, Democratic chairmen and ranking members are not limited to six-year terms nor are chairmen of full committees prohibited from serving as chairmen of their own committee’s subcommittees.[9]
Senate Republican Conference
Republican Conference rules place additional restrictions on senators, including term limits of 6 years as a committee chairman plus 6 years as ranking member.[11]
A chair/ranking member of an A committee may not serve as chair/ranking member of any subcommittees. Appropriations subcommittee chairmanships are exempt.
A chair/ranking member of a non-A committee, excluding Ethics, may not serve as chair/ranking member of more than one subcommittee. Appropriations subcommittee chairmanships are not exempt.
The chair/vice chair of the Ethics Committee may serve on no more than two standing subcommittees.
A Senator may not serve as chair/ranking member of more than two subcommittees.
A Senator shall not serve more than 6 years as chair of any standing committee, effective January 1997, plus 6 years as ranking member of a committee. Once a Senator served 6 years chairing a committee, the term would be over. However, if a Senator served 6 years as a ranking minority member, the Senator could serve as chair if the party controls the chamber.]
I’m hoping Burr graces us with his disappearance this November. Probably not though. Too much money to be made.
“This article is nonsense. There’s a massive effort underway to attack any Republican for buying or selling stock.
This story involves selling $47K in stock and avoiding a $20K loss. The senator has millions in stock investments.”
Bingo! Someone should do an anal exam of former Senator Harry Reid’s finances which he claims are due to his being a very good lawyer. (He was a lawyer for two years).
It's best if you don't tell them.....
That was the election that the Dem's 'found' 50,000 votes in the trunk of someone's car in Durham after the Republican had already been called the winner?
Neither the Clinton's, Obama's, Pelsoi's, et al.
None will suffer
Nice!
See a lot about Republicans dumping stocks. Nothing about Feinstein or other Democrats. This is nothing more than an effort by the MSM and Democrats to smear Senate Republicans and take over. They only need a few seats.
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