If Richard Burr was willing to risk cashing out stocks

Burr............  He KNEW and allowed Americans to DIE!

Those public declarations of confidence were featured in a separate ProPublica report on Thursday indicating that Burr — who has access to regular intelligence briefings — sold between $580,000 and $1.6 million in stock in the weeks before the market began to collapse under the strain of coronavirus. That decision probably spared Burr severe financial pain. Progressive groups quickly called for an investigation and even demanded that Burr step down.

“As Intel chairman, @senatorburr got private briefings about Coronavirus weeks ago,” said Rep. Alexandria Ocasio-Cortez (D-N.Y.). “Burr knew how bad it would be. He told the truth to his wealthy donors, while assuring the public that we were fine. THEN he sold off $1.6 million in stock before the fall. He needs to resign.“

A spokesperson for the senator quickly rebutted the notion that anything improper had happened, noting that Burr‘s stock sale came before the market began to show signs of strain.

“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,“ the aide 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. He supported Congress’ immediate efforts to provide $7.8 billion for response efforts and this week’s bipartisan bill to provide relief for American business and small families.”
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But Burr‘s backup for that was a Feb. 26 news conference in which Trump, alongside public health officials, sharply downplayed the risk of coronavirus, saying numbers in the U.S. were going “down, not up,“ and suggesting schools take precautions for a scenario that he considered unlikely to unfold. That was in sharp contrast to Burr‘s message to the North Carolina group a day later.

Burr instructed attendees to reconsider traveling to Europe, a suggestion that came about two weeks before the president announced a travel ban for foreigners coming to the U.S. from most of Europe.
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"You may have to look at your employees and judge whether the trip they're making to Europe is essential or whether it can be done on video conference. Why risk it?" he asked the group.

The senator also said that the virus could prompt the shuttering of schools, something that happened in his home state a couple of weeks later.

“There will be, I'm sure, times that communities, probably some in North Carolina, have a transmission rate where they say, let's close schools for two weeks, everybody stay home,” he says in the recording.

Burr even forecast the mobilization of the military, something that has only begun to happen in recent days on a wider scale.
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LOTs more at link!
www.politico.com/news/2020/03/19/senate-intel-chair-warned-of-coronavirus-disruption-in-private-137407

He KNEW!!! He allowed Americans to DIE!!

I have a feeling he wasn't the only one cashing out. Would love to see everyone from FOX personalities, Cabinet members, GOP operatives and elected officials show a little transparency here.

I hope they go to jail.

I don’t think anything more ominous is coming, I think they just wanted to cash out while the gettings good.

And anyone else found to have done the same thing.
This pisses me off so much. Surely even the farthest of the right think this is BS.

It won't matter. This will all be swept under the rug and forgotten my Monday. Only Democrats fall on their swords.

Unfuckingbelievable. .

Right? Every time I think humanity (well, certain humans) has reached a new low, the bottom falls out further.

I guess he was padding his purse for his retirement.

These scumbags. The absolute gall.

I don't even know what to say anymore. Just when I think things can't get worse, they do.

And the worst of all is that I doubt anything will be done about it. It will be swept under the rug, called no big deal. They should all resign and go to jail but they won't.

I am sure that Trump ( and Kushner and the rest of the kids, and Munuchin, and Ross, and Kudlow, and the rest of the Cabinet) all have spent a lot of time selling, and trading stocks over the past 30 days.

American politics are fucked up. No other words.

I'll stipulate that if she is indeed "in with them," she needs to resign as well. No question.

What I'm reading, though, is that she and her husband sold a stock at its lowest value - a stock that has since risen in value since it's medical-related.

If this is insider trading, they seem to be pretty bad at it.

ETA: Here's an article that I wouldn't call hard news, but more of a summary of what "people are saying" about all this. Take for what it's worth. www.bizpacreview.com/2020/03/20/dianne-feinstein-3-more-senators-accused-of-dumping-major-holdings-before-stock-market-plunge-899304

Agreed, however the dates are telling for all of them...

Selling low doesn't mean they lost dollars, IF they bought when it was very low/new offering.