Fox News‘s Tucker Carlson had some serious words for Sen. Richard Burr (R-NC), who sold off a significant percentage of his stocks on February 13 – raising between $628,000 and $1.72 million in 33 separate transactions.
Carlson noted Burr sold “more than a million dollars in stock in mid-February after learning how devastating the Chinese coronavirus could be.
“He had inside information about what could happen to our country – which is now happening – but he didn’t warn the public. He didn’t give a prime time address. He didn’t go on television to sound the alarm. He didn’t even disavow an op-ed he’d written just ten days before claiming America was ‘better prepared than ever for coronavirus.”
Instead what did he do? He dumped his shares in hotel so he wouldn’t lose money. And then he stayed silent.
Now maybe there’s an honest explanation for what he did. If there is, he should share it with the rest of us immediately. Otherwise, he must resign from the Senate and face prosecution for insider trading. There is no greater moral crime than betraying your country in a crisis, and that appears to be what happened.” -Tucker Carlson
Perhaps Burr was simply reading Zero Hedge’s coronavirus coverage?
Watch:
Wow. Add @TuckerCarlson to the list of folks calling on @SenatorBurr to resign. pic.twitter.com/HhTsDtP7Qv
— Andrew Feinberg (@AndrewFeinberg) March 20, 2020
Meanwhile, a second Senator has come under fire for similarly selling stocks before the market took a dive – selling between $1,275,000 and $3,100,000 between January 24 and February 14.
Sen. Kelly Loeffler, R-Ga., has become the second lawmaker to have reportedly sold stock weeks before the coronavirus outbreak triggered a stock market downfall.
The Daily Beast reported on Thursday that Loeffler sold stock that was owned by her and her husband and January 24, which was the same day she sat in on a closed-door coronavirus briefing as a member of the Senate Health Committee with the Trump administration, which Dr. Anthonly Fauci was in attendance.
According to the report, she sold stock in Resideo Technologies “worth between $50,001 and $100,000,” whose stock price “has fallen by more than half” since January. –Fox News
27 out of 29 February transactions by Loeffler and her husband were sales. One of the buys worth $100,000 – $250,000 – Citrix, is a teleworking software company, which has risen since the pandemic has progressed.
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What do you suggest we charge him with? The congress is exempt from all the regulations that would put us in prison. What is the point of this article?
That’s right, oldtimer. Congress exempted themselves from insider trading. Just like Obamacare and Social Security.
Burr has demonstrated over and over that he is a spineless RINO Never Trumper who personally allowed the Senate Russia Russia Russia BS to continue although no evidence ever existed. He allowed the Democrats to take over and run his committee. He can’t leave soon enough.
I should have sold my $3,000,000 worth of stock too. Trouble is I don’t own any stock.
The real question is how did someone that doesn’t work for a living amass $3M? All these people are just a criminal organization pretending to be a gov’t.
“The State – a criminal gang with flags.” – Alan Turin
This is business as usual for the big club . They win you lose and then they run up debt on your back privatizing gain and holding all responsible for lose harmless .
Oh a few will get a stern finger shaking as they get bailed out again !
You and I show real lose , no bail out but this time the big club is banking on many of us ending up dead .
Well played Circle Jerk Of Wall Street To K-Street to Capitol Street . The Big Club and you and I are not in it !
Burr and Loeffler better get out while they can, the media would love to cover a white Republican being lynched. What do you bet they did it on purpose to turn the senate to the Dems??
On a separate note, this is the end of the Trump presidency. The Senate will go to the Dems, and not another judge will be seated. The next supreme court justices will certify the new world order as Constitution compliant, sans elections, I think.
We are done.
Call me naive or just a wishful thinker but, Trump will only lose if the people abandon him or the dems cheat like hell. If Trump does loose then the fat lady will most like get her chance to sing. I guess time will tell. Until then I will keep the faith our country is still worth fighting for.
If the economy stays crashed, thousands of businesses go bankrupt and millions lose their jobs, Trump loses. All the liberals have to offer is free stuff and if people are without work, they’ll vote for free stuff every single time.
Seems like Trump is giving away plenty of free stuff.
What will be left to give?
You pretend you work, and they pretend to pay you.
The country has ALWAYS been worth fighting for. It’s the government that hasn’t been. Major difference that the old timers need to separate, including my father.
Brian that is exactly what MSM is up to.
Nope, Brian. Trump has beaten back any and every Dem/Deep State attempt to unseat him. He will win in November. People understand he didn’t create this virus and it’s economic effects.
He will win for the same reason Bushama won in 2012: Shitty choices. He will have zero mandate.
Incarcerate him just for looking like Jeff Daniels in Dumb and Dumber.
wasn’t the only one, couple democrats were outed also, one word comes to mind, “scum” our leadership is scum,
a mafia don would be preferable at this point
Tucker, that is virtue signalling bullshit. If it were Democrats they would double down and sell more stock.. You are suggesting the Republicans have a circular firing squad. In a month nobody will remember this.
Right, Left who give a rats ass. All of congress should have a circular firing squad using shotguns with OO-buck. I would hate to see anyone limp away or go untouched from what they have created with their own greed.
Feinstein did the same thing apparently. I bet there are many, many more we’re not hearing about. Too bad the American people have the political memory of a fruit fly when it comes to shit like this.
So, what makes “it” any different than the MAJORITY of fellow grifting legisTRAITORS?
There are sound libertarian arguments against the current laws for “insider trading,” but this is a special type of insider knowledge that is not simply about one company, but rather the entire economy as a whole…combined with the use of totalitarian government powers that can and did destroy a stock market in an instant. String him, Pelosi, and the others up by the neck.
Burr is such a POS and always has been…. The POS Never Trumper was in on the fuc*ing coup attempt and was working hard to get Trump Impeached. This POS needs to hounded from now until death, daily on this and should rot in prison, and I mean rot, for the rest of his days, preferably with AIDS…..