2020-03-20 04:31:16 UTC
'The chairman of the Senate Intelligence Committee warned a small group
of well-connected constituents three weeks ago to prepare for dire
economic and societal effects of the coronavirus, according to a secret
recording obtained by NPR.
The remarks from U.S. Sen. Richard Burr were more stark than any he had
delivered in more public forums.
On Feb. 27, when the United States had 15 confirmed cases of COVID-19,
President Trump was tamping down fears and suggesting that the virus
could be seasonal.
"It's going to disappear. One day, it's like a miracle. It will
disappear," the president said then, before adding, "it could get worse
before it gets better. It could maybe go away. We'll see what happens."
On that same day, Burr attended a luncheon held at a social club called
the Capitol Hill Club. And he delivered a much more alarming message.
"There's one thing that I can tell you about this: It is much more
aggressive in its transmission than anything that we have seen in recent
history," he said, according to a secret recording of the remarks
obtained by NPR. "It is probably more akin to the 1918 pandemic."'
But... ...hey: don't worry about Burr, anyway.
He seems to have set himself up pretty well:
'Soon after he offered public assurances that the government was ready
to battle the coronavirus, the powerful chairman of the Senate
Intelligence Committee, Richard Burr, sold off a significant percentage
of his stocks, unloading between $628,000 and $1.72 million of his
holdings on Feb. 13 in 33 separate transactions.
As the head of the intelligence committee, Burr, a North Carolina
Republican, has access to the government’s most highly classified
information about threats to America’s security. His committee was
receiving daily coronavirus briefings around this time, according to a
A week after Burr’s sales, the stock market began a sharp decline and
has lost about 30% since.'
But if you can't use your position and the information that comes with
it to enrich yourself...
...what's the point?