Senator Richard Burr, chairman of the Senate Intelligence Committee, dumped one or two million dollars before the government-induced economic collapse. He is like a little baby.
I’m just going to hold my breath, and wait for the feds to serve a warrant on Jeff Bezos and swoop his phone.
I’m sure this will happen.
Federal agents seized a cellphone belonging to a prominent Republican senator on Wednesday night as part of the Justice Department’s investigation into controversial stock trades he made as the novel coronavirus first struck the U.S., a law enforcement official said.
Sen. Richard Burr of North Carolina, the chairman of the Senate Intelligence Committee, turned over his phone to agents after they served a search warrant on the lawmaker at his residence in the Washington area, the official said, speaking on condition of anonymity to discuss a law enforcement action.
The seizure represents a significant escalation in the investigation into whether Burr violated a law preventing members of Congress from trading on insider information they have gleaned from their official work.
To obtain a search warrant, federal agents and prosecutors must persuade a judge they have probable cause to believe a crime has been committed. The law enforcement official said the Justice Department is examining Burr’s communications with his broker.
Such a warrant being served on a sitting U.S. senator would require approval from the highest ranks of the Justice Department and is a step that would not be taken lightly. Kerri Kupec, a Justice Department spokeswoman, declined to comment.
A second law enforcement official said FBI agents served a warrant in recent days on Apple to obtain information from Burr’s iCloud account and said agents used data obtained from the California-based company as part of the evidence used to obtain the warrant for the senator’s phone.
Burr sold a significant percentage of his stock portfolio in 33 different transactions on Feb. 13, just as his committee was receiving daily coronavirus briefings and a week before the stock market declined sharply.Much of the stock was invested in businesses that in subsequent weeks were hit hard by the plunging market.
Burr and other senators received briefings from U.S. public health officials before the stock sales.
A spokesperson for the FBI did not return phone messages seeking comment. A spokeswoman for Burr declined to comment. Burr has said he does not plan to run for reelection in 2022.
Burr’s sell-off — which was publicly disclosed in ranges — amounted to between $628,000 and $1.72 million. The stock trades were first reported by ProPublica.
Burr is not the only senator who has come under fire for dumping stock as the virus neared the United States.
In late February and early March, Sen. Kelly Loeffler (R-Ga.) sold stocks valued at between $1.25 million and $3.1 million in companies that later dropped significantly, including ExxonMobil. She also bought shares in Citrix, which makes telework software.
Burr, a longtime supporter of federal programs responsible for dealing with a pandemic, sits on two Senate committees that got early briefings on the coronavirus — the Intelligence Committee and the Senate committee that handles health issues.
The health committee received a briefing on the virus on Feb. 12, one day before his stock trades.
The same day Burr sold his stocks, Burr’s brother-in-law, Gerald Fauth, sold between $97,000 and $280,000 worth of six stocks, according to documents filed with the Office of Government Ethics. Fauth serves on the National Mediation Board, which provides mediation for labor disputes in the aviation and rail industries.
Burr has denied coordinating trading with his brother-in-law.
In 2012, Congress prohibited lawmakers from acting on intelligence they learn because of their privileged position, such as briefings with high-level federal officials.
Everyone knew that this was going to happen.
All of the CEOs that resigned were effectively doing the same thing as the people who did insider trading, in that they were using privileged knowledge for financial gain.
A record number of 219 CEOs stepped down in January. CEOs of Mastercard, Linkedin, T-Mobile, IBM, Harley-Davidson, Credit Suisse, Salesforce, UPS, Match Group (owns okcupid, Tinder etc), Disney all left shortly before this crisis started exploding. They all fucking knew.
— Learned Dr. Kantbot, PhD (@KANTBOT20K) March 21, 2020
The fact that so many people knew that this was coming should send up some pretty serious red flags for the slow-witted who still don’t understand that this entire collapse is a planned hoax, and that the flu virus is simply an excuse to do all these things they’re doing. Sweden still exists. They did not do this hoax, and they were fine. Several countries which did the lockdown had a much higher death toll per capita than they did. We know for an absolute fact that the governments of the US and Europe knew that this lockdown was unnecessary and pointless and did it anyway.
What that means is that they have a plan. So attempting to reason out “what should be done” is pointless. We should instead be trying to figure out what the hell their plan is, what their goals are.
It is clear that the basic idea is to collapse the economy and make everyone poor while using new laws that are ostensibly for the purpose of protecting you from this virus to strip you of your rights, basically allow the government to do whatever they want to you without any kind of checks, balances or ability to petition their decisions. Presumably, this is related to creating a one world government.
We need to continue to do our research on these developments and attempt to figure out what they’re planning to do to us, so we can figure out ways to resist it.
As we’ve continued to say, the best thing anyone can do right now is attend the protests against the lockdown. The government isn’t going to do anything because we asked them to, but the protests serve as a platform for people to begin to organize and form a pro-freedom movement that is opposed to this brutal government agenda.