If you’ve been following the news lately, you’ve probably noticed how there are some senators profiting or avoiding potential losses…

If you know me, there are very few things in life that can get my blood pressure soaring… one thing that really gets on my nerves is finding out just how crooked an elected official can… and while on the taxpayers’ dollar as well!

And no, I’m not talking about Senator Kelly Loeffler… I’m talking about another dirty dog politician, North Carolina Republican Senator Richard Burr.

Sen. Burr is going from one of the top dogs in the government to the FBI snatching up his cell. 

Today, I want to reveal what this senator allegedly did.

 

This Senator Is In The Hot Seat Right Now

 

The whole situation sounds like I’m taking a trip down conspiracy theory lane… however, it’s actually the reality in 2020, in my opinion. 

It was only 2 long months ago the tip of this iceberg broke the surface.

Sen. Burr was one of 4 senators accused of trading off information everyday traders not privy to. He allegedly played the keep calm and carry on the role, while dumping millions in stock.

Apparently, he traded off of confidential information…

Besides Richard Burr having one of the coveted senate seats, he also was the head of the Senate Intelligence Committee. He even lent a hand in penning the Act for Pandemic and All-Hazards Preparedness.

You heard that right!

He helped write plans for how our country would respond to a public health threat… like the pandemic, we’re currently in.

 

The Timeline Of His Moves

 

So that is probably why when Burr told the public February 7th that “the United States today is better prepared than ever before to face emerging public health threats, like the coronavirus.” 

People believed him. His resume makes him look like the guy to trust

That is why it was such a freakin surprise to discover how Sen. Burr celebrated Friday the 13th

Yes, February 13th Burr spent his day dumping $1.6 million in stock. Specifically including his holdings in Wyndham Hotel & Resorts Inc (WH). Because pretty soon no one would be going anywhere!

Now, while he did his fair share of dumping stocks in the hospitality industry, he did step up his game in one way.

He upped his holdings in Pharma stocks.

But there is also another tidbit. Burr was not the only person in his family to allegedly dump stock that day. 

Burr’s brother in law Gerald Fauth, who sits on the National Mediation Board also dumped thousands upon thousands of shares that day, allegedly. 

What are the chances of that?

By the time February 27th rolled around… 20 short days after his first soothing COVID-19 talk his tune had changed dramatically.

During a North Carolina Society event, Sen. Burr was recorded saying something truly frightening…

“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 … It is probably more akin to the 1918 pandemic.”

He even divulged that schools could be closed due to the virus. That even the U.S. military would have to get involved. Something that is pretty damn close to the situation at hand.

Seems like Sen. Burr only spoke his truth after he situated his finances, allegedly. Situating them in a way where he wouldn’t be taking the sucker punch from the market. A punch that way too many people were on the receiving end of, in my opinion.

Playing his cards like he had information that a Senator would have.

And while the Senator has been playing the deny deny deny game, the FBI ain’t having it. Rolling up on his North Carolina home to collect his phone. 

Now, this isn’t your average day phone seizure. Senator Burr’s phone has things on it that goes beyond us average folks’ go-to pizza order. In order to get a warrant for a Senator’s phone, it has to come from way up the chain of command at the Justice Department. 

Sen. Burr just now resigned from his position as head of the Senate Intelligence Committee as the insider trading accusations come to a head. 

With this being an election year, the stakes for this investigation are that much higher. War parties are duking it out for control of the House.

Author: Ben Sturgill

Ben leads two services at RagingBull. IPO Payday can help you pinpoint, position, and profit from IPOs. In Daily Profit Machine Ben guides day and swing traders to profit by trading the SPY Index. Ben hosts the RagingBull.com weekly podcast WealthWise where he shares thoughts on wealth and success with traders, businesspeople, entrepreneurs, and experts to uncover and share the wisdom needed to live a wealthy life.

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