CSNbbs

And it's not going to be good if true and it appears to be so. He and 4 other Senators were tipped ahead of time to expect a market collapse and sold their positions at the end of February before the March collapse.

Folks that's called insider trading and that's jail time.

One of the Wealthy Tar Heels at the private speaking engagement of Burr taped his delivery in which he warned them about coming financial problems with the market and advised them to sell.

I despise what the MSM does to DJT, but if these guys are guilty they need to go, resign early and let the Republican governors assign their replacements.

Just a heads up guys this one is going to get coverage, and should! And for the record it has nothing to do with Trump, just a good ole boy system.

I agree JR but this is selective prosecution by the msm....again.

Let's audit all the senators and reps and prosecute all of them as the courts decide.

Start with Joe Biden.

(03-20-2020 12:58 AM)shere khan Wrote: [ -> ]I agree JR but this is selective prosecution by the msm....again.

Let's audit all the senators and reps and prosecute all of them and let the courts decide.

Start with Joe Biden.

Just reporting not advising, but I agree 100%. All these scumbags need to have their financials gone through with a fine toothed comb, but the problem is that is the purview of the FBI and we need to clean out that cesspool and then do it. You know FBI (F***ing Bad Integrity)?

Heard a sniff of this earlier to night.

If true, which I’d readily question (see Menendez etc) send em to Rikers with Weinstein.

Don’t GAF who they are, who they side with, none of it.

But. If he/they are just playing within the corrupt rules which of course they are allowed to create...

Then that’s really on us. We gotta throw them out. The whole lot.


TBH? Smells like a hit job to me. Jus sayin

(03-20-2020 03:06 AM)JMUDunk Wrote: [ -> ]Heard a sniff of this earlier to night.

If true, which I’d readily question (see Menendez etc) send em to Rikers with Weinstein.

Don’t GAF who they are, who they side with, none of it.

But. If he/they are just playing within the corrupt rules which of course they are allowed to create...

Then that’s really on us. We gotta throw them out. The whole lot.


TBH? Smells like a hit job to me. Jus sayin

The same trap that the GOP always falls into. Democrats let scumbafs like Biden and the Clintons walk. The GOP is ready to throw their own overboard at an accusation.

Oh course its a hit job. They duped Alabama and you get Doug Jones, that worm. Has Moore been tried and convicted? Kav fought back. Trump told them to frick off.

Democrats hate America. Straight Alinsky style.

Start with Biden and let's audit every damn one of them. Enough of letting the press pick and decide who gets caught.

Enough with the legal hit men.

I'll simply pose this question...

while in office, why is any congressional member allowed to own stock in individual corps.?! (rhetorical)

eliminate that, the discussion becomes moot...

mutual funds, treasury bonds, raw materials, etc. I have no problem those investments en masse...

IS PRESCRIPTION FOR DISASTER

(03-20-2020 04:14 AM)shere khan Wrote: [ -> ]

(03-20-2020 03:06 AM)JMUDunk Wrote: [ -> ]Heard a sniff of this earlier to night.

If true, which I’d readily question (see Menendez etc) send em to Rikers with Weinstein.

Don’t GAF who they are, who they side with, none of it.

But. If he/they are just playing within the corrupt rules which of course they are allowed to create...

Then that’s really on us. We gotta throw them out. The whole lot.


TBH? Smells like a hit job to me. Jus sayin

The same trap that the GOP always falls into. Democrats let scumbafs like Biden and the Clintons walk. The GOP is ready to throw their own overboard at an accusation.

Oh course its a hit job. They duped Alabama and you get Doug Jones, that worm. Has Moore been tried and convicted? Kav fought back. Trump told them to frick off.

Democrats hate America. Straight Alinsky style.

Start with Biden and let's audit every damn one of them. Enough of letting the press pick and decide who gets caught.

Enough with the legal hit men.

^^^^ to both....

however, I still contend this is merely a result of something larger that can easily be remedied....but won't be addressed...

(03-20-2020 04:29 AM)stinkfist Wrote: [ -> ]I'll simply pose this question...

while in office, why is any congressional member allowed to own stock in individual corps.?! (rhetorical)

eliminate that, the discussion becomes moot...

mutual funds, treasury bonds, raw materials, etc. I have no problem those investments en masse...

IS PRESCRIPTION FOR DISASTER

Back in the day, it was a civic duty to serve as a u.s. senator or rep - where people put their lives on hold while they serve. The simple fix to me is for them to freeze any and all investments except for money market accounts.

(03-20-2020 06:13 AM)miko33 Wrote: [ -> ]

(03-20-2020 04:29 AM)stinkfist Wrote: [ -> ]I'll simply pose this question...

while in office, why is any congressional member allowed to own stock in individual corps.?! (rhetorical)

eliminate that, the discussion becomes moot...

mutual funds, treasury bonds, raw materials, etc. I have no problem those investments en masse...

IS PRESCRIPTION FOR DISASTER

Back in the day, it was a civic duty to serve as a u.s. senator or rep - where people put their lives on hold while they serve. The simple fix to me is for them to freeze any and all investments except for money market accounts.

I could live with that too...in principle, we're basically saying the same thing....

I get where you're going nixing the mutual fund scenario....that could be steered as well....however, I contend you could design around that w/o ethical issues coming into play....

(03-20-2020 04:29 AM)stinkfist Wrote: [ -> ]I'll simply pose this question...

while in office, why is any congressional member allowed to own stock in individual corps.?! (rhetorical)

eliminate that, the discussion becomes moot...

mutual funds, treasury bonds, raw materials, etc. I have no problem those investments en masse...

IS PRESCRIPTION FOR DISASTER

I agree 100% with this. Any group that has access to classified information is always going to have knowledge that the average investor never could have.

(03-20-2020 04:29 AM)stinkfist Wrote: [ -> ]I'll simply pose this question...

while in office, why is any congressional member allowed to own stock in individual corps.?! (rhetorical)

eliminate that, the discussion becomes moot...

mutual funds, treasury bonds, raw materials, etc. I have no problem those investments en masse...

IS PRESCRIPTION FOR DISASTER

Yup

Pelosi got away with insider trading...expect him too also. These people do about whatever the hell they want to do.

(03-20-2020 07:43 AM)Fo Shizzle Wrote: [ -> ]Pelosi got away with insider trading...expect him too also. These people do about whatever the hell they want to do.

On this type of stuff absolutely. In reality we have a 1 party system with 2 sub branches fighting over stuff that in the grand scheme of things doesn't actually matter that much. The one thing I do like about Trump is he's not really beholden to the corporate overlords that own the establishment of both parties. The problem is he doesn't actually care to fight against those people unless it benefits his own self interests.

(03-20-2020 06:13 AM)miko33 Wrote: [ -> ]

(03-20-2020 04:29 AM)stinkfist Wrote: [ -> ]I'll simply pose this question...

while in office, why is any congressional member allowed to own stock in individual corps.?! (rhetorical)

eliminate that, the discussion becomes moot...

mutual funds, treasury bonds, raw materials, etc. I have no problem those investments en masse...

IS PRESCRIPTION FOR DISASTER

Back in the day, it was a civic duty to serve as a u.s. senator or rep - where people put their lives on hold while they serve. The simple fix to me is for them to freeze any and all investments except for money market accounts.

That's not fair to them, especially the less wealthy ones. I think it could lower the quality of our representatives even lower than it is now. We need term limits to get rid of the entitlement mentality.

(03-20-2020 06:13 AM)miko33 Wrote: [ -> ]

(03-20-2020 04:29 AM)stinkfist Wrote: [ -> ]I'll simply pose this question...

while in office, why is any congressional member allowed to own stock in individual corps.?! (rhetorical)

eliminate that, the discussion becomes moot...

mutual funds, treasury bonds, raw materials, etc. I have no problem those investments en masse...

IS PRESCRIPTION FOR DISASTER

Back in the day, it was a civic duty to serve as a u.s. senator or rep - where people put their lives on hold while they serve. The simple fix to me is for them to freeze any and all investments except for money market accounts.

And they were also citizen-representatives, not professional politicians.

(03-20-2020 12:58 AM)shere khan Wrote: [ -> ]I agree JR but this is selective prosecution by the msm....again.

Let's audit all the senators and reps and prosecute all of them as the courts decide.

Start with Joe Biden.

Biden hasn't been a senator since the law was enacted. How about we start with leadership of both active parties?

(03-20-2020 07:43 AM)Fo Shizzle Wrote: [ -> ]Pelosi got away with insider trading...expect him too also. These people do about whatever the hell they want to do.

DiFi is in on it also, so Burr will skate. If she didn't get busted for having a CHINESE SPY as her driver for 20 years and not suspecting it, she damn sure won't even get questioned about this.

(03-20-2020 08:44 AM)bullet Wrote: [ -> ]

(03-20-2020 06:13 AM)miko33 Wrote: [ -> ]

(03-20-2020 04:29 AM)stinkfist Wrote: [ -> ]I'll simply pose this question...

while in office, why is any congressional member allowed to own stock in individual corps.?! (rhetorical)

eliminate that, the discussion becomes moot...

mutual funds, treasury bonds, raw materials, etc. I have no problem those investments en masse...

IS PRESCRIPTION FOR DISASTER

Back in the day, it was a civic duty to serve as a u.s. senator or rep - where people put their lives on hold while they serve. The simple fix to me is for them to freeze any and all investments except for money market accounts.

That's not fair to them, especially the less wealthy ones. I think it could lower the quality of our representatives even lower than it is now. We need term limits to get rid of the entitlement mentality.

And hand all the power over to unelected aides and lobbyists? No thanks.

(03-20-2020 11:07 AM)Kaplony Wrote: [ -> ]

(03-20-2020 08:44 AM)bullet Wrote: [ -> ]

(03-20-2020 06:13 AM)miko33 Wrote: [ -> ]

(03-20-2020 04:29 AM)stinkfist Wrote: [ -> ]I'll simply pose this question...

while in office, why is any congressional member allowed to own stock in individual corps.?! (rhetorical)

eliminate that, the discussion becomes moot...

mutual funds, treasury bonds, raw materials, etc. I have no problem those investments en masse...

IS PRESCRIPTION FOR DISASTER

Back in the day, it was a civic duty to serve as a u.s. senator or rep - where people put their lives on hold while they serve. The simple fix to me is for them to freeze any and all investments except for money market accounts.

That's not fair to them, especially the less wealthy ones. I think it could lower the quality of our representatives even lower than it is now. We need term limits to get rid of the entitlement mentality.

And hand all the power over to unelected aides and lobbyists? No thanks.

The Congressmen hire their aides. They decide which lobbyists to listen to. And we are talking 8 to 12 years. If you can't figure out a job in one year you've got no business doing it.

Quote:Sen. Dianne Feinstein of California and three of her Senate colleagues reported selling off stocks worth millions of dollars in the days before the coronavirus outbreak crashed the market, according to reports.

The data is listed on a U.S. Senate website containing financial disclosures from Senate members.

Feinstein, who serves as ranking member of the Senate Judiciary Committee, and her husband sold between $1.5 million and $6 million in stock in California biotech company Allogene Therapeutics, between Jan. 31 and Feb. 18, The New York Times reported.

Feinstein defended herself in a series of tweets on Friday, saying she has "no control" over her assets and the stocks in question were her husband's transactions.

"During my Senate career I’ve held all assets in a blind trust of which I have no control. Reports that I sold any assets are incorrect, as are reports that I was at a January 24 briefing on coronavirus, which I was unable to attend," she tweeted.

"Under Senate rules I report my husband's financial transactions. I have no input into his decisions. My husband in January and February sold shares of a cancer therapy company. This company is unrelated to any work on the coronavirus and the sale was unrelated to the situation."

When questioned by the newspaper, a spokesman for the Democrat from San Francisco also said Feinstein wasn’t directly involved in the sale.

“All of Senator Feinstein’s assets are in a blind trust,” the spokesman, Tom Mentzer, told the Times. “She has no involvement in her husband’s financial decisions.”

Reports identified the three other senators as Richard Burr of North Carolina, Kelly Loeffler of Georgia and James Inhofe of Oklahoma, all Republicans.

Burr, chairman of the Senate Intelligence Committee, used more than 30 transactions to dump between $628,000 and $1.72 million on Feb. 13, according to ProPublica.

The report said the transactions involved a significant percentage of the senator’s holdings and took place about a week before the impact of the virus outbreak sent stock prices plunging to the point where gains made during President Trump’s term in office were largely erased.

“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,” a Burr spokesperson 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.”

On Friday, the senator tweeted an updated statement saying he relied only on "public news reports" to guide his decision on the sale. Still, he said he's asked for a Senate Ethics Committee review of his actions.

Burr was an author of the Pandemic and All-Hazards Preparedness Act, a law that helps determine the federal response to situations such as the coronavirus outbreak, ProPublica reported. Burr’s office would not comment on what kind of information Burr might have received about coronavirus prior to his stock sales, the outlet reported.

NPR reported that Burr made ominous comments about coronavirus behind closed doors last month.

“There’s one thing that I can tell you about this: It is much more aggressive in its transmission than anything that we have seen in recent history,” Burr said at a Feb. 27 meeting of business leaders in Washington. “It is probably more akin to the 1918 pandemic.”

Loeffler was appointed to the Senate in December by Georgia Gov. Brian Kemp after incumbent Sen. Johnny Isakson resigned because of health issues – despite allies of President Trump having urged Kemp to select Rep. Doug Collins instead.

Loeffler and her husband, Jeffrey Sprecher, chairman of the New York Stock Exchange, sold stock Jan. 24, the same day she sat in on a briefing from two members of Trump’s Coronavirus Task Force, The Daily Beast reported.

Between that day and Feb. 14, the couple sold stock worth a total between $1.2 million and $3.1 million, the report said. In addition to the sales, they also purchased stock in a maker of software that helps people work at home – just before millions of Americans were forced to leave their offices because of the outbreak, the report said.

Loeffler slammed the Daily Beast report as a "ridiculous and baseless attack" in a pair of late-night tweets.

"This is a ridiculous and baseless attack. I do not make investment decisions for my portfolio. Investment decisions are made by multiple third-party advisors without my or my husband's knowledge or involvement," Loeffler wrote. "As confirmed in the periodic transaction report to Senate Ethics, I was informed of these purchases and sales on February 16, 2020 — three weeks after they were made."

In an interview Friday with Fox News’ Ed Henry, Loeffler again said any claim of insider trading is “absolutely false.”

She added, “I’m not involved in the decisions” of buying and selling, while saying she’d cooperate if any investigation is launched.

Inhofe sold as much as $400,000 in stock all on Jan. 27, in companies such as PayPal, Apple and real estate company Brookfield Asset Management, The New York Times reported.

But in a written statement, Inhofe pushed back by saying he was not at a late January briefing and, further, does not have involvement in investment choices.

The statement said: “The New York Times allegations are completely baseless and 100 percent false. I was not at the briefing on January 24. I was meeting with pro-life kids from Oklahoma here for the March for Life and the new nominee to be U.S. Ambassador to Tanzania. I do not have any involvement in my investment decisions. In December 2018, shortly after becoming chairman of the Senate Armed Services Committee, I instructed my financial advisor to move me out of all stocks and into mutual funds to avoid any appearance of controversy. My advisor has been doing so faithfully since that time and I am not aware of or consulted about any transactions.”

Link

They all hide behind "the third party" designate" to handle their financials. But if DIFI calls you at 3 in the morning screaming to sell the **** out of something it was your idea.

DIFI and her 20+ year Chinese spy should be investigated too.