Why Senator Richard Burr May be in Deep Doo-doo

Today’s Campaign Update, Part II (Because the Campaign Never Ends)

Congress’s seamy underbelly floats up to the surface. – On his Fox News show last night, host Tucker Carlson lambasted Senator Richard Burr – chairman of the corrupt Senate Intelligence Committee – and demanded his resignation for off-loading millions of dollars in stock investments immediately after learning of the threat of the coronavirus.

Here’s a clip, followed by a transcript:

Transcript:

You may have seen the news reports this afternoon that the Chairman of the Senate Intelligence Committee 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  the op/ed he’d written just 10 days before, claiming that America was “better prepared than ever for coronavirus.” He didn’t do any of those things. Instead, what did he do? He dumped his shares in hotel stocks 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 time of crisis, and that appears to be what happened.

[End]

Now, that’s all great: I have long been a critic of Burr, a useless RINO who has used his chairmanship of the Senate Intel Committee to literally cover up crimes committed against the Trump Campaign and Administration by the Obama-era coup cabal within the DOJ and the Intelligence Community. If he did engage in insider trading then he should resign and be prosecuted.

But let’s be honest here: If you think Burr is the only member of congress who has engaged in this kind of action over the past couple of months, you live in a fairy tale world.

The New York Times ran a report yesterday documenting similar actions by several other senators, including Kelly Loeffler (R-GA), Jim Inhofe (R-OK) and Dianne Feinstein (D-CA). That report is based on financial disclosure statements that members of congress must periodically file. Members are regularly tardy in filing these disclosures, and you can bet the shrinking balance in your 401(k) that we will soon discover that many more members did the same thing.

Some members, when they assume office, shield themselves from this kind of accusation by placing such investments in blind trusts, giving them the plausible deniability of saying that they take no active part in managing their investments. Inhofe, Feinstein and Loeffler all claim that is the case with their investments.

Interestingly, no one from Sen. Burr’s office has made a similar claim at this point. Here’s the statement his spokesperson put out yesterday evening:

“His message has always been, and continues to be, that we must be prepared to protect American lives in the event of a pandemic or bio-attack,” Caitlin Carroll, a spokeswoman for Mr. Burr, said in a statement. “Since early February, whether in constituent meetings or open hearings, he has worked to educate the public about the tools and resources our government has to confront the spread of coronavirus.”

Burr himself took to Twitter to issue a series of tweets about an NPR report covering a speech he made to a group of constituents in February, warning them of the potential impacts of coronavirus on the U.S. economy. Nowhere in those tweets does he attempt to defend his stock divestments.

If Burr does play an active role in managing his own trading, then this is a real problem for him, and helps to explain why Carlson went after him last night, but gave the others a pass.

That is all.

Today’s news moves at a faster pace than ever. Whatfinger.com is my go-to source for keeping up with all the latest events in real time.

15 thoughts on “Why Senator Richard Burr May be in Deep Doo-doo

  1. Billy Two Knives - March 20, 2020

    Tell me again why we don’t need Term Limits.

  2. Jimmy MacAfee - March 20, 2020

    Picture of Burr and his Svengali.

  3. Jonesy - March 20, 2020

    Public service is great isn’t it??

    Where else can you get a great paying job with the best healthcare plan available AND pretty much be guaranteed to retire a millionaire? And while the number of jobs is limited the odds of getting elected are far greater than playing the lottery and easier than putting in all the hard work and time it would take to get the degrees to climb the corporate ladder.

  4. brian - March 20, 2020

    An HONEST political is an anomaly. The swamp corrupts and corrupts thoroughly.

  5. libsick - March 20, 2020

    burr is retiring so what does he care about bad press? he has his millions and he has his walled community, his beach house, and his fancy cars. he will never be prosecuted. they never are. an election to the house or the senate is a free pass for lifelong criminality against the American people.

  6. njlamer - March 20, 2020

    What about Feinstein the Chinese Spy supporter??? She is in Pooh up to her eyeballs.

  7. Gregg - March 20, 2020

    When I was in the navy and the naval reserve we periodically got training on a wide variety of non-military subjects. Here is the one we got on ethics:

    A junior officer was an aid to an admiral who sat on a board that was to make the decision on whether the navy was going to continue to buy the Grumman F-14 Tomcat, or instead, stop the Tomcat program and purchase the new McDonnell Douglas F/A-18 Hornet. He was present at the meeting which made the decision to cancel the Tomcat and go with the Hornet – this was a multi billion dollar decision which was made several days before the official announcement. Predictably Grumman stock plummeted and McDonnell Douglas stock rose when the decision was made public.

    He was in a position to either sell his Grumman stock and/or buy McDonnell Douglas stock to his personal advantage. He told us that had he done such a transaction, it would be INSIDER TRADING and illegal and immoral. He went on to further state that military personnel who were found to be USING THEIR POSITION FOR PERSONAL GAIN would be severely punished to include at least fines, restriction, and quite possibly at least an other than honorable discharge.

    I received similar introductory training when I became a civilian government employee. We also got required yearly online training on this and other matters on how to conduct ourselves while employed in a trusted position with the US Government. We were required to certify that we understood and would faithfully follow the rules and regulations in order to maintain our clearances and employment.

    Last I checked, representatives and senators, and their staffs are GOVERNMENT EMPLOYEES who are bound by the same rules and regulations as are the thousands of peons work for the US (and not foreign) government.

    I have to hope and believe that they got the same training., but maybe not – it is congress after all, and we know they live under a different set of rules…

    Regardless, ignorance of the law is no excuse and it is not a viable defense.

    If the government (DOJ) won’t do its job, it is time for we, the people, to Schiff-can these traitors.

    Inhofe (R) OK, 85 years old is up this year – primary time!

    Burr (RINO) NC, 64 years old is up in 2022 – resignation and prosecution time!

    Loeffler (RINO) GA, 49 years old – appointed to fill Isakson’s seat by Gov. Kemp. The seat is up in 2022, but, depending on GA law, she could be forced to run for election this year. Don’t really want to have to defend another GOP senate seat, but corrupt and/or RINOs are not needed from a solid RED state.

    Feinstein (D) CA, 86 years old is up in 2024 – regardless of what happens to her between now and then it doesn’t matter because the CA Gov. Newsom would probably name Schiff or some other radical for the remainder of her term.

    1. phineas gage - March 20, 2020

      As mentioned above, Burr is retiring after his current term. I think Loeffler will be defeated by Doug Collins (Kemp is another that needs to go).

      I seriously doubt that Inhofe is running for reelection. Father Time will take care of both him and Feinstein.

      Graham is the one I want gone more than anyone else.

  8. phineas gage - March 20, 2020

    The 17th, 18th, and 19th amendments, passed at the dawn of modern progressivism, were all damaging to the political structure and long-term well being of the nation. At least the 18th was overturned.

  9. Jimmy MacAfee - March 20, 2020

    Look for news media corps to come under scrutiny. And Hollyweird. Insider Trading is more than a name for stock speculation. Lots of “17” warnings to each other from Insiders, (and some will know what that number means.) They’re all banding together, like an island of demented rats – and one by one, they will eat each other. Until one day – there are only two left. (From Skyfall, Silva character.)

    The rats will develop a taste – for rats. Banding together won’t save them after the coconuts run out. Rat will be on the menu.

  10. Jimmy MacAfee - March 20, 2020

    I wonder if the US Senate (and other) perpetrators of the Iran “nuclear treaty” are sleeping easier, now that some of the Iranian leadership are dying off? Pallets of cash went somewhere.

  11. Jimmy MacAfee - March 20, 2020

    Keep these Senate clowns from obtaining any free samples:

    https://www.theblaze.com/news/bayer-donates-millions-of-tablets-of-malaria-drug-that-could-fight-coronavirus-to-u-s-government

    They should have to buy them from Martin Shkreli, (who took a cheap drug and made it prohibitively expensive.) Don’t let his former company Turing pharmaceuticals anywhere near this drug.

    1. Jimmy MacAfee - March 20, 2020

      History: Shreli/Turing raised the price of a drug for toxoplasmosis; it reportedly went from an affordable $13.50 a tablet, to $750 a tablet. (Oh, but the company is soooooo generous! It cut the cost in half, now only $375 a tablet)

      Every time I hear or remember the name of that company and that former CEO, I suddenly develop a severe case of Tourette’s.

  12. Jimmy MacAfee - March 20, 2020

    Burr ought to be forced to live in a quick-rise Wuhan constructed emergency high-rise, along with the slime Mark Warner. One more flight to China! (Come to think of it, put Corrupt Joe and his corrupt son and Mini Mike the China Asset on the same flight, to live in the same dormitory!)

  13. Ben Colder - March 20, 2020

    Burr is a RINO and they are no different than a dem/communist but I do not trust the Republicans either they are all slime balls when it comes to feathering their own nests.There is something smelly about this whole damned wong dong flu thing any way they think they have Trump for sure this time they being dem/communists and the fake communist news.How can the fake news continue to flat out lie about China and our own President?How does anyone believe this total line of pure BS?I have not watched these liars for twenty five years or more and I am getting pretty fed up with the Fox network Why cant there be one honest news network just one.

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