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Thursday, 19 March 2020

Republican Senator dumped ~$1.5m in stock before crash, while reassuring public that coronavirus was no big deal.

Sen. Richard Burr (R-N.C), reassured the public that America was prepared to fend off coronavirus. But being privy to decidedly non-public briefings, he knew otherwise, and sold off $1.5m in stocks before the markets crashed.

Soon after he offered public assurances that the government was ready to battle the coronavirus, the powerful chairman of the Senate Intelligence Committee, Richard Burr, sold off a significant percentage of his stocks, unloading between $628,000 and $1.72 million of his holdings on Feb. 13 in 33 separate transactions.

As the head of the intelligence committee, Burr, a North Carolina Republican, has access to the government’s most highly classified information about threats to America’s security. His committee was receiving daily coronavirus briefings around this time, according to a Reuters story.

It's remarkable how many pundits and public figures are making plausibly-deniable references to having Burr dealt with. The constitution endures, but civility is toast.



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