Posted on 10/20/2022 1:49:18 AM PDT by abb
Federal officials working on the government response to Covid-19 made well-timed financial trades when the pandemic began—both as the markets plunged and as they rallied—a Wall Street Journal investigation found.
In January 2020, the U.S. public was largely unaware of the threat posed by the virus spreading in China, but health officials were on high alert and girding for a crisis.
A deputy to top health official Anthony Fauci reported 10 sales of mutual funds and stocks totaling between $157,000 and $480,000 that month. Collectively, officials at another health agency, Health and Human Services, reported 60% more sales of stocks and funds in January than the average over the previous 12 months, driven by a handful of particularly active traders.
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(Excerpt) Read more at wsj.com ...
Unexpected...
Overwhelming corruption.
We don’t live in a Republic anymore.
It’s rigged too. Perception is the most important thing and then mandates.
Like Bezos hyping it in his newspaper to close down the Amazon in store competition and also scare people from going to open stores so they order online.
Software companies that run social media also cleaned up on all the remote meetings and conferences.
Wuhan flu was real but The Pandemic was a marketing scheme and political operation.
It is interesting that someone in the Drive-by Media actually committed an act of journalism.
Street trash like the o’bama’s go to DC virtually broke and eight years later have multiple million dollars estates. Nah. DC grifters are honest.
WSJ has been consistent on these kinds of stories.
Follow the money!
Something is very wrong when a fabricator like Fauci becomes a multi millionaire on a government salary.
Yes. I found that interesting as well. There are things to not like about The Wall Street Journal, but I will say, they seem more willing than most to do this kind of thing.
They did the same thing in exposing the lies of the Black Lives Matter crowd by publishing Heather MacDonald’s material about what the statistics regarding police and black men really looks like (such as a police officer of ANY color is 18 times more likely to be murdered by a black male than a black male is likely to be killed by a police officer)
There were people who called for her head, but...you generally can’t fire people for speaking the truth and backing it up with data.
Yet.
So I give them where credit is due.
Modified limited hangout in an attempt to resurrect public opinion of the enemedia.
“A truth that’s told with bad intent, Beats all the lies you can invent.”
William Blake
Bookmark
And here you thought these Feds are mindless, porn surfing slugs. And useless AA hires. Just ticking off the days on their office calendar, until they are fully vested to retire. No! They are entrepreneurs as they trade stocks based on insider information.
Bloated Federale salary
Bloated pension that no one gets in the dreaded private sector
+
Making money from insider trading
I like that.
Anyone who could read knew that the problems in China were going to spread. It’s not insider trading if it’s public knowledge.
Just because people weren’t paying attention doesn’t make it a crime.
There are trades being made in DC based on pending actions and contracts. Those should be illegal.
The politicians knew this was coming and it was no secret. The Democrats used rhetoric to vilify Trump in his efforts to contain the virus but no matter what he did, it was coming and rapidly. Fauci and the head of the CDC were in the Democrat's corner and undermined Trump with vacillating recommendations and contradictory directions.
bttt
It’s long past time that guaranteed govt pensions go away, along with free health care for life. They can live off 401ks like the rest of us.
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