Saturday, March 21, 2020

Republicans are actually supervillains: They profited while abandoning us to coronavirus

Mod: 3 Republican Senators cashed in their stocks for some serious profits. Their strategy? Use insider knowledge about coronavirus. Ghoulish corruption. 

Republicans are actually supervillains: They profited while abandoning us to coronavirus (Salon.com link): The No. 1 rule, when it comes to Republican behavior during a crisis, is that it is always worse than you imagined. That was true during Donald Trump's Russia scandal, when it turned out that the Republican chair of the House Intelligence Committee was denying and hiding evidence while trying to undermine the federal investigation into Trump. It was true throughout the impeachment process, when various Republican figures made no bones about their belief that there was no crime Trump could commit that they would convict him for.

Nor is this a recent development. George W. Bush is primarily remembered for lying us into a war with Iraq, but let's not forget that this was accompanied by outing a CIA agent for vindictive purposes and running torture camps, as well as an explosive scandal involving multiple Republican members of Congress reportedly being paid off by lobbyists.

So it's sadly comes as no surprise that not only did congressional Republicans knowingly back up Trump's efforts to lie to the public about the dangers of the new coronavirus, there's good reason to fear they leveraged that knowledge to cash in on the stock market.

At least three Republican senators — Senate Intelligence Committee Chairman Richard Burr of North Carolina, Jim Inhofe of Oklahoma, and Kelly Loeffler of Georgia — all unloaded large amounts of stock before the crash, and the question is whether they did so because they were apprised of the dangers of the coronavirus and the fact that this crash was almost certainly coming. If so, that's especially sinister, since all three of them misled the public about the real dangers of the virus and Trump's refusal to do anything about it until it was too late. All of which paints a picture of people who not only lie to the public, but make money off doing so.

As reported by ProPublica, Burr spent weeks getting daily coronavirus briefings, due to his role on the Intelligence Committee, and spent that time telling the public everything was going to be just fine. Privately, however, he was selling off up to $1.7 million in cash and telling high-dollar donors in a closed-door event that the situation was actually quite severe.

It's a similar story with the recently-appointed Loeffler, who told the public on Feb. 28 that Trump and his administration were "doing a great job working to keep Americans healthy & safe." But starting in January, after Loeffler received briefings about the dangers of the coronavirus from health officials, the Daily Beast reports that she and her husband made a series of 27 stock sales that beat the crash — and one stock purchase, in one of the few companies that has seen share prices rise.

Who is Loeffler's husband, you may be idly wondering? His name is Jeffrey Sprecher, and he's the chairman of the New York Stock Exchange. An interesting coincidence, no?

Mod: Much more at the link.

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23 comments:

  1. Coward Republicans sit back and worry about their stocks... while good people die!

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  2. Isn’t this what Martha Stewart went to jail for ? Do just women go to jail for this ?

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  3. ‘You have blood on your hands’: Trump’s enablers ripped by ex-Obama official as more Americans die from coronavirus

    Reacting to a report from the Washington Post that Donald Trump was made aware of the coming coronavirus pandemic that is killing Americans and crippling the country back in January and chose to brush the information aside, a former cabinet member under President Barack Obama unleashed a furious tweet accusing the president enablers of having “blood on their hands.”

    Sharing screenshots of headlines stating the president ignored the warnings and doesn’t bother to read intelligence reports given to him so he understands what the country is facing, former Education Secretary Arne Duncan was blunt in his assessment of Republican lawmakers and cabinet officials who have stood by.

    As he wrote on Twitter: “When the President of the United States refuses to read his intelligence reports, unfortunately lots and lots of people die. That is reality. This is not a reality tv show. And, to all those who have enabled him and placated him, you have blood on your hands.”

    https://www.rawstory.com/2020/03/you-have-blood-on-your-hands-trumps-enablers-ripped-by-ex-obama-official-as-more-americans-die-from-coronavirus/

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  4. NO surprise.....And djt won't stop saying its a "Chinese Virus" when he owns it. Hopefully history will call it The Trump Virus..

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  5. Elon Musk: Should Have 1000 Ventilators Next Week, + 250,000 N95 Masks For Hospitals Tomorrow --

    “We have 250k N95 masks. Aiming to start distributing those to hospitals tomorrow night. Should have over 1000 ventilators by next week.”

    https://cleantechnica.com/2020/03/21/elon-musk-should-have-1000-ventilators-next-week-250k-n95-masks-for-hospitals-tomorrow-cleantechnica-exclusive/

    I think we need to "go over the head" of the administration. Democrats (and especially our presumptive nominee Joe Biden) should be actively contacting private companies to change over their production methods to make vital medical gear. If necessary promise them repayment next year after Trump gets sent packing.

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  6. Two elderly patients who tested positive at Seattle nursing home 'have recovered'

    https://www.independent.co.uk/news/world/americas/coronavirus-update-recover-cure-elderly-people-seattle-nursing-home-covid-19-a9415626.html

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  7. Trump's Dementia Symptoms -- Our country is being run into the ground by a very sick man who badly needs help. His family should take him to see a neuropsychologist immediately.

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    1. I agree 6:23. I used to think that Trump was just a massive egotist, traitor to our country, but now watching his daily briefing, especially after he called Peter Alexander a "terrible reporter," I'm convinced he has dementia. We already knew he had delusions of grandeur. I'll agree, he is a very sick man who badly needs help. Meanwhile, I think I'll start the Peter Alexander fan club!

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  8. Tucker Carlson Calls on Sen. Richard Burr to Resign Over $1.7 Million Stock Dump

    https://www.yahoo.com/entertainment/tucker-carlson-calls-sen-richard-021507670.html

    Tucker Carlson?

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    Replies
    1. That shows how serious this all is when Tucker Carlson grows a brain and develops some integrity.

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  9. The Gambler has taken his last tour, RIP Kenny.

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  10. Scott Dworkin: "one of the biggest failures in American history. And he should go to prison for it"

    "Trump should be removed from office immediately. He knew a pandemic was coming for months. He ignored our intelligence agencies. He could’ve slowed the spread of the virus, but he didn’t. It’s one of the biggest failures in American history. And he should go to prison for it."

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  11. Another lying sun bleached piece of lying cr$p has been found to be infected with his masters virus. https://www.washingtonexaminer.com/news/lou-dobbs-in-self-quarantine-after-team-member-tests-positive-for-coronavirus?utm_source=msn&utm_medium=referral&utm_campaign=msn_feed

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  12. If you know Roulette, then you know that the typical wheel is split between red numbers and black numbers. But there are those real long shot green numbers.

    It has finally gotten through his thick skull that there are very few good outcomes on this virus. A good leader would be decisive about mitigating the challenges and work towards the least bad solution.

    So here are the options.

    We can bet on RED which is to let the virus run its course and kill millions of Americans.

    We can bet on BLACK which is to isolate our way into an economic Depression

    Or we can bet on GREEN which is to hope for a cure. It is a long shot but it is the only possible winning bet for him.

    To be fair, an effective treatment would be a game changer. A therapy that drastically changed the mortality and severity of the illness would suddenly let us get back to a semblance of normality while the vaccine was being developed. But understand that it is a longshot and would likely only improve outcomes and not be a cure.

    A true leader would be preparing for some form of Red or Black while pressing for every possible avenue to Green. Instead, he has bet everything on zero.

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  13. nepotism barbie--IQ + houseplant

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  14. Exclusive: New poll shows Asian American voters could give Democrats a big boost in 2020 battleground districts
    A DCCC survey finds that AAPI voters in battleground districts favor the Democratic candidate by 33 points on the generic ballot.
    https://www.vox.com/2020/3/19/21185651/asian-american-voters-democrats-battleground-districts

    Big mouth's "China Virus" slur has come back to bite him.

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  15. "President Trump has responded to the coronavirus outbreak by (among other things) promising it would go away by itself, playing golf, blaming China, blaming the media, blaming Democrats, lying about it...and saying he’s responding to it perfectly." - Bill Kristol

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    1. All his life, Trump has made disastrous decisions with other people’s money. Now, he’s making disastrous decisions with other people’s lives.

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  16. What if Trump isn't incompetent? What if he did all this on purpose?

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    1. What would be his goal?

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    2. His goal is... well he is bored when all eyes arent on him so he creates situations to keep all cameras on him. He talks over everyone all the time. Rude. Makes normal people uncomfortable like a train wreck, we keep watching. We need to, he is our Prez. But, he is also old and stupid and just doesnt give a f%ck, which is exactly why he doesnt care about or respect Greta T. or his grand children, or the animals and habitats that are disappearing far faster than we can process. And we sit back and allow it because we arent aggressive enough against preps like him. If there were truly a universal god, he would have made trump disappear before he was 20 years old, as I am sure he had done enough damage to the earth and human race before then.

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  17. He could not have done this on purpose because it is the trumpies who listened to him and will be the first to die

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