Date: 2024-10-19 Page is: DBtxt003.php txt00018537
Actisim / Politics
Team AOC
Pandemic profiteers must go. ... Senators Richard Burr and Kelly Loeffler are already millionaires. ... Senators Burr and Loeffler had inside information, and it appears that they used it to profit off a global crisis.
In a previous era ... specifically the Trust Busting Era of Teddy Roosevelt ... if I have my history right, the anti-trust legislation provided for companies to give up in fines three times what the companies had earned in profit as a result of their illegal behavior. This was a big enough financial hit to get the attention of the busiess community. At one stage in my career I was VP in a company that manufactured equipment for the electric utility industry. Most f the other senior managers had previously been employed by big name companies in the industry like GE, Westinghouse, Babcock and Willcox, all companies that had been involved in colluding over prices in contravention of anti-trust law ... and every single one of these people who were otherwise pretty confident and pushy were extremely careful and docile. I would like to see self-serving behavior as descibed in this page be subject to similar triple damage like punishment.
Peter Burgess
Jacobin + Team AOC news@jacobinmag.com via gmail.mcsv.net
9:11 AM (4 minutes ago) to me
Stop Pandemic Profiteering
Senators Richard Burr and Kelly Loeffler were given a briefing by top Trump administration officials about the threat of coronavirus. Then, as President Trump was still downplaying the risks to the American public, they sold off their stocks before a catastrophic market crash. And it looks like they may not have been the only ones.
Senators Burr and Loeffler had inside information, and it appears that they used it to profit off a global crisis. Now, they must resign from the Senate.
Friend, my stomach is churning. Senators Richard Burr and Kelly Loeffler are already millionaires. In January, they were given a briefing by top Trump administration officials about the threat of coronavirus. Then, as President Trump was still downplaying the risks to the American public, they sold off their stocks before a catastrophic market crash. And it looks like they may not have been the only ones. Senators Burr and Loeffler had inside information, and it appears that they used it to profit off a global crisis. Now, they must resign from the Senate. Can you sign our joint petition to call for the immediate resignations of Senators Richard Burr and Kelly Loeffler? Add your name now. Demand they resign → To make matters worse, all the while they were selling their stocks, these senators were telling their constituents that COVID-19 wasn’t a threat. They were a part of Trump’s disinformation machine, trying to convince people we were fine. This incident underscores the need to stop members of Congress from owning individual stocks in the first place. We are here to serve the public, not to profiteer. It’s shocking that it’s even been allowed up to this point. There’s a lot of evidence that these senators likely knew COVID-19 was going to get bad. They likely knew it would disproportionately affect working people. They likely knew we weren’t prepared. They definitely profited while working families lost everything. They’ve got to go. Sign on now to call for their immediate resignations. Pa’lante, Team AOC Copyright © 2020 Jacobin, All rights reserved. You are receiving these messages because you opted in through our signup form, or at time of subscription/purchase. Our mailing address is: Jacobin 388 Atlantic Ave Brooklyn, NY 11217-3399 Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.