republicans have no shame

[seahawk]

Although Burr's actions may not be prosecutable, that he was receiving classified intelligence reports as head of Senate Intelligence certainly merits investigation by his colleagues.

A source familiar with the activities of the Senate Intelligence Committee, led by Republican Senator Richard Burr and Democratic Senator Mark Warner, said the panel was receiving daily updates.

The role of U.S. intelligence agencies in responding to the coronavirus epidemic at this point principally involves monitoring the spread of the illness around the world and assessing the responses of governments.

https://www.reuters.com/article/us-chin ... SKCN20L37R

[defixione]

Feinstein did the dirty, too.

[HouseDivided]

People who have a history of making wise investment decisions (along with their advisors) have made money on this crisis? Who woulda thunk it?
People who had money invested in an over inflated market figured that even a tiny bit of virus panic could strongly affect the market - decided to sell stocks that could get hurt by the crisis- and/or buy stocks that could profit from the crisis? Who woulda thunk it?
Sure if what these people are being accused of doing (down playing the virus to profit from it and hurt other Americans financially in the process) then they should be considered scumbags but ignorant me would like to know what exactly is it that they did that's illegal?
The issue to me is the conflict of interests that are ignored when wealthy politicians sit on committees that can manipulate the markets - and determining what should and shouldn't be allowed. Thus my asking, what is it that these politicians did that is/was illegal?

I'm no attorney, but I find it difficult to distinguish between what they did and insider trading, which, if I am not mistaken, is illegal.

[Deleted User 89]

just ask martha stewart

[DCHawk1]

Senators are subject not to traditional insider trading rules but to the rules established in the 2012 STOCK Act, which says that they cannot profit from the use of non-public information they were privy to as part of their official responsibilities.

I think everyone involved here will probably be able to make the case that they traded based on public information, and they will thus likely not face criminal charges.

That said, Burr should be burned to the fucking ground. Legal complicity or not, he betrayed the public trust.

Loeffler has a much stronger case in her defense: the stocks in question were owned by her husband. The trades were made by a third-party manager. Two of the biggest chunks of stock sold were trending downward prior to the sale anyway, etc.

[Shirley]

It's also hard to prosecute them because they weren't receiving "insider information" about a particular stock that they then acted upon.

[seahawk]

There's usually a big difference between what reporters think is prosecutable and what is actually something that prosecutors think they can take to court and win. Burr certainly deserves to be investigated by the Senate oversight committee--anyone else would expect that.

Johnson and Feinstein seem to have arguments to make about their trades. Feinstein that it was about a cancer therapy company and Johnson that it had been in the works for awhile.

As for Loeffler, who'd only been appointed 3 weeks before making these trades, Matt Stieb offered this advice:

Already, there are calls for resignations coming from Alexandria Ocasio-Cortez, Ilhan Omar, and Tucker Carlson. (If that trifecta has mobilized together against your cause, seek public-relations assistance.)

As I recall, Loeffler is not a Trump buddy and not whom he wanted appointed. Wonder who leaked about her stock trades?

https://nymag.com/intelligencer/2020/03 ... eport.html

ETA: We're calling this scandal Burrisma, correct?

[Shirley]

Speaking of In-Fucking-Sane - it's the President's second-favorite network.

Where the hell is the "Meanwhile, Back At the Base!", thread:

[seahawk]

Seems like the old spray scents that smelled like deer urine would be as effective at keeping other people at least 6 ft. from you.

[Deleted User 62]

Texas Cologne

[Shirley]

I guess like "balanced budgets", "fiscal responsibility", the "rule of law", "free markets", "activist judges", the right to vote, et al., it depends...

That being the case, this should come as no surprise:

[chiknbut]

My guess is he will look to the deep state to help him file for bankruptcy protection.

[seahawk]

Oh dear, will this hurt Republicans who rely on the NRA?

The National Rifle Association is cutting salaries 20 percent and bracing for layoffs, as the coronavirus pandemic forces the nonprofit to cancel its annual meeting set for April and a wide range of upcoming fundraisers and programs, according to a memo to staffers from the nonprofit’s leadership Monday.

https://www.washingtonpost.com/investig ... e=facebook

[Deleted User 62]

My guess is he will look to the deep state to help him file for bankruptcy protection.

Great news. Fuck that guy

[zsn]

Oh dear, will this hurt Republicans who rely on the NRA?

The National Rifle Association is cutting salaries 20 percent and bracing for layoffs, as the coronavirus pandemic forces the nonprofit to cancel its annual meeting set for April and a wide range of upcoming fundraisers and programs, according to a memo to staffers from the nonprofit’s leadership Monday.

https://www.washingtonpost.com/investig ... e=facebook

Please don’t tease me like this.....one sure can hope

[twocoach]

You know your conspiracy theory is garbage when even Fox News fires you for how dumb and irresponsible it is:

https://www.cnn.com/2020/03/27/media/tr ... index.html

[DCHawk1]

Ugh

[PhDhawk]

Ugh

I hope he (they) go down for this.

Also, I think what Ackman did was even worse, and no one seems to care.

[Geezer]

Didn't she upset the asshole that Trump endorsed for that seat?

[DCHawk1]

Didn't she upset the asshole that Trump endorsed for that seat?

Appointed, instead of Trump's choice.