Posted on 03/20/2020 6:17:06 AM PDT by USA Conservative
Millions sold stock...at the same time. I sold mine in Decemeber. Did I have insiders information? INGT
Congress made it legal for themselves to commit inside trading. They made it illegal a few years ago and then went back and inserted the protection provisions basically in the middle of the night
Jim Cramer mentioned the virus on January 31st. I provided a link.
These people, all of these people, need to be held accountable.
28th Amendment- Congress can pass no law that is not prevents accountability and prosecution of existing laws to Congress People.
So, how long do members of Congress have to hold on to stocks before they are allowed to sell?
2 days, 4 days, 2 wks?
I think this is nonsense.
Burr sold stock in the hotel industry, Feinstein, biotech. Who looks more guilty to you?
Many investment firms offer managed solutions where your firm can make trades on your behalf with your holdings. They tend to produce a little less upside, but they do tend to protect you well on the downside.
These questionable trades could have all been done legally with these managed solutions or stop loss triggers.
Would guess that's what they had in their portfolis......duh...
AND THE HOUSE? Did Democrat Schiff dump stock based on secret intel he had access to?
Adam Schiff is the head of the House intelligence committee, and has access to the government’s most highly classified information about threats to America’s security.
The intel committee was receiving daily coronavirus briefings, according to a Reuters story.
The stock market then began a sharp decline.
On Thursday, Schiff’s Senate counterpart, came under fire after NPR obtained a secret recording from Feb. 27, in which Intel chair Sen Burr gave a VIP group at the exclusive social club a much more dire preview of the economic impact of the coronavirus than what he had told the public.
“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,” his 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.”
If the assets are in a blind trust, then that’s just a good trade by the trustee.
But some trusts are not as blind as the name would have you believe. Any contact between the elected official and the person actually managing the money should be nearly impossible, and in many cases that is not so.
Schiff is a Penlosi confidant----the two who ran the impeachment fiasco.
Congress' intel committees were receiving daily coronavirus briefings, according to a Reuters story.
The stock market then began a sharp decline.
==================================
TALKING POINTS
<><>Did Schiff and Penlosi sell off stock, cashing in BEFORE the public was aware of the crisis?
<><> did they fail to file the required financial transacion forms?
<><> did they file falsified transaction forms?
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This is a typical narrative being pushed so that the DUmocrats retain Congress. They’re always pushing the “inequality” class-warfare type of stories. Until Hitlery’s “cattle futures” are investigated, it’s a non-issue.
You can fax free from here:
https://faxzero.com/fax_senate.php
You can get phone numbers here:
https://contactsenators.com/party.php?party=republican
NO Thanks to you for posting this drivel.
It is PHONY and FAKE News.
If anyone thinks these Senators operate like “Day Traders” you have a screw loose. They turn their portfolios over to professionals who are PAID to manage them.
PLEASE STOP POSTING this story. It makes FR a little dumber every time it is posted.
Burr walks out of confidential meeting where he has been told travel will probably be shut down, he immediately sells his hotel stocks. Feinstein is in the meeting where she’s told about a biothreat about to decimate our economy that needs a cure and treatment, she sells her bio stock. Yeah, Americans won’t see a difference.
The entire congress is in on this communist takeover plan.
Phase 1 was gaslighting the sheeple into thinking they will die without government intervention.
Phase 2 is control the people and shutdown their businesses.
Phase 3 is government providing payment for business rents and payroll.
Phase 4 is the government simply stating that since the government already pays for everything that the government now owns the businesses.
Communism complete: Total control of the sheeple and a complete takeover of commerce.
It’s the Keating Five in reverse. 4 Republicans and (just to make it interesting) 1 Democrat. I predict, just as then, the 1 Democrat & 1 Republican (probably Imhofe since he comes from the reddest state) will be given a ‘pass’ and the other 3 will go down to defeat in November because of the bad publicity.
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