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Home Front: Politix
If Richard Burr Is Not Prosecuted for Insider Trading, Stock Act Is Meaningless
2020-03-22
[Breitbart] If Sen. Richard Burr (R-NC) is not prosecuted by the Department of Justice for insider trading, then the Stock Act is "meaningless," warned Peter Schweizer, senior contributor to Breitbart News and author of Profiles in Corruption: Abuse of Power by America’s Progressive Elite.

Schweizer joined Friday’s edition of SiriusXM’s Breitbart News Tonight with host Rebecca Mansour and special guest host John Hayward to discuss Burr’s selling of between $628,000 and $1.72 million in stock ahead of coronavirus-related market declines.
"Richard Burr’s [stock sell-off] is a classic case of insider trading," determined Schweizer. "If Richard Burr was an executive at a corporation and he had received a closed door briefing that said a company’s sales were going to go down dramatically, and he sold pretty much all of his stock, it would be insider trading."
Posted by:Besoeker

#9  Isn’t Congress exempt from insider trading laws? I seem to recollect it’s been a traditional way for them to make money.


Also, I think there’s current legislation in progress to correct this. Now’s the time!
Posted by: KBK   2020-03-22 23:09  

#8  @besoeker, kemp turning out alot better.
Posted by: Chris   2020-03-22 23:09  

#7  BBC - Coronavirus: US Senators face calls to resign over ‘insider trading’

Tomorrow morning will be fine.
Posted by: Besoeker   2020-03-22 18:37  

#6  Perception of impropriety regarding market sells? No problem. Direct your portfolio managers to BUY IT BACK!

Put a voluntary 60-90 moratorium on future buying and selling! Publish the dates of the moratorium.

Any takers? Oh fok no !

Posted by: Besoeker   2020-03-22 18:29  

#5  Ref #3: I didn't buy the Brian Kemp country boy and F-150 line either, but with Stacey Abrams, we didn't have much choice.
Posted by: Besoeker   2020-03-22 17:56  

#4  Why is someone married to the head of a stock exchange involved in politics?
Oh wait...
Posted by: Lex   2020-03-22 17:51  

#3  besoeker, I thought Kelly was gonna be better than that. You were right awhile ago.
Posted by: Chris   2020-03-22 17:49  

#2  Nothing will happen but a sternly worded letter of admonition to be good. Censure? You must be jesting. Congress is unable and unwilling to police itself. They have inadvertently given this nation a fiscal death sentence by running up a debt that can never be repaid. Now that is a Sh*t show.
Posted by: Alaska Paul   2020-03-22 14:33  

#1  Those Landress are my Illinois pigs, I began raising them in 4H club. My name is Kelly Loeffler and I approve this message.
Posted by: Besoeker   2020-03-22 08:07  

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