CR: COVID-19 --Political Talk

[washparkhorn 9,935]

5 minutes ago, JimmyJames said:

And you know this how? Do you have any idea what’s happening and what’s coming?

Can you name any prominent prosecutions under the Stock Act?

Spoiler

As of late 2018, there have been no prosecutions under the STOCK Act from the date it was signed into law on April 4, 2012.

 

Edited March 19, 2020 by washparkhorn

[JimmyJames 12,271]

1 minute ago, washparkhorn said:

Can you name any prominent prosecutions under the Stock Act?

No.

So What?

I dunnno, maybe you are somehow unaware of this but circumstances have changed just a tad over the last few days. This is a slam dunk case now. 

[Ghost of LL 15,495]

1 hour ago, Red Five said:

Not that I don't agree with the sentiment, but maybe we should hold off on the "shoot them all!" talk for now. 

Or maybe--and I'm just spitballing here--we could just shoot them all.

[jimmyjazz 45,606]

Burr is going to have to justify two angles that are pretty hard to reconcile  -- one, his public statements didn't jibe with his private statements, which were more dire.  Two,  he received daily information as a Senator regarding the health and economic projections due to a coronavirus pandemic, and he'd pretty much have to prove that ALL of that material information was already public.

[JimmyJames 12,271]

There’s nothing juries like more than a guy profiting off of people’s death. 

[JimmyJames 12,271]

Just now, jimmyjazz said:

Burr is going to have to justify two angles that are pretty hard to reconcile  -- one, his public statements didn't jibe with his private statements, which were more dire.  Two,  he received daily information as a Senator regarding the health and economic projections due to a coronavirus pandemic, and he'd pretty much have to prove that ALL of that material information was already public.

The tape kills him. But then again Washparkhorn hasn’t seen such a prosecution yet of a senator, so I guess we should just give up.

[washparkhorn 9,935]

3 minutes ago, Chooky said:

Members of Congress are required to disclose securities transactions.  Burr's transactions for over a year are typical transactions of buying and selling.

On February 13, Burr made his largest selling day.  They were only sales.  He dumped pretty much everything. 

On February 7, Burr co-authored an op-ed that stated that the "United States is better prepared than ever before to face emerging public health threats, including the coronavirus.

And many of us were talking about the asset bubble in the stock market in late 2019-2020. I asked the other board if we were seeing flight to safety before this risk surfaced. 

The asset bubble has been tricky for a while now - without the Coronavirus. 

 

I am not defending what he and other Congress critters do to rake in millions. It should be illegal. And this fuckstick may have traded with that knowledge. But the defenses are quite easy. 

[JimmyJames 12,271]

2 minutes ago, jimmyjazz said:

Burr is going to have to justify two angles that are pretty hard to reconcile  -- one, his public statements didn't jibe with his private statements, which were more dire.  Two,  he received daily information as a Senator regarding the health and economic projections due to a coronavirus pandemic, and he'd pretty much have to prove that ALL of that material information was already public.

Proving top secret briefings were public knowledge will be a tad tricky.

[Dbeasy 14,992]

 

Why are famous people constantly cutting in the testing line?

[jimmyjazz 45,606]

1 minute ago, washparkhorn said:

I am not defending what he and other Congress critters do to rake in millions. It should be illegal. And this fuckstick may have traded with that knowledge. But the defenses are quite easy. 

The defenses are only "easy" because the system is rigged.

[washparkhorn 9,935]

2 minutes ago, JimmyJames said:

The tape kills him. But then again Washparkhorn hasn’t seen such a prosecution yet of a senator, so I guess we should just give up.

No prosecutions under the Stock Act. NONE as of late 2018. 

The Powers that be don't write laws that might put them in jail. It is a flaw in the system. Or designed as planned. 

[JimmyJames 12,271]

1 minute ago, washparkhorn said:

And many of us were talking about the asset bubble in the stock market in late 2019-2020. I asked the other board if we were seeing flight to safety before this risk surfaced. 

The asset bubble has been tricky for a while now - without the Coronavirus. 

 

I am not defending what he and other Congress critters do to rake in millions. It should be illegal. And this fuckstick may have traded with that knowledge. But the defenses are quite easy. 

Not when you are the chair of the senate intelligence committee receiving top secret briefings and caught on tape warning your rich donor friends that this is the Spanish flu that killed millions of Americans while telling the rest of the country everything is fine while dumping millions in stock to save millions.

You must be one hell of a lawyer to be able to defend that.

[JimmyJames 12,271]

3 minutes ago, washparkhorn said:

No prosecutions under the Stock Act. NONE as of late 2018. 

The Powers that be don't write laws that might put them in jail. It is a flaw in the system. Or designed as planned. 

Are you a lawyer?

[washparkhorn 9,935]

4 minutes ago, jimmyjazz said:

The defenses are only "easy" because the system is rigged.

100% agree.

[Chooky 13,303]

And for the record, I also don't believe he'll be prosecuted or even shamed, he's likely incapable of the latter.  He'll wrap his lips even tighter around the pulsating albino anus of Donald Trump and get reelected.  There's nothing the American people can do about it anymore other than just be thankful that Paul Revere wasn't so squeamish about sounding the alarm.

[Francisco 2.0 32,347]

Oh, lookie here:

https://www.propublica.org/article/senator-dumped-up-to-1-6-million-of-stock-after-reassuring-public-about-coronavirus-preparedness?fbclid=IwAR1yN5jYCRJnuzs7x_e9n6g58mBMzlaFeYKYXNM8aVrwaYAN5WJ_mKpH1JQ

Quote

Members of Congress are required by law to disclose their securities transactions.

Burr was one of just three senators who in 2012 opposed the bill that explicitly barred lawmakers and their staff from using nonpublic information for trades and required regular disclosure of those trades. In opposing the bill, Burr argued at the time that insider trading laws already applied to members of Congress. President Barack Obama signed the bill, known as the STOCK Act, that year.

 

Quote

Stock transactions of lawmakers are reported in ranges. Burr’s Feb. 13 selling spree was his largest stock selling day of at least the past 14 months, according to a ProPublica review of Senate records. Unlike his typical disclosure reports, which are a mix of sales and purchases, all of the transactions were sales.

His biggest sales included companies that are among the most vulnerable to an economic slowdown. He dumped up to $150,000 worth of shares of Wyndham Hotels and Resorts, a chain based in the United States that has lost two-thirds of its value. And he sold up to $100,000 of shares of Extended Stay America, an economy hospitality chain. Shares of that company are now worth less than half of what they did at the time Burr sold.

 

 

[cactusflinthead 27,595]

The 2018 part of the no prosecution is the crux of it. Put a different AG in there and we'll see. I don't want to give Trump a chance to pardon him. Maybe let NY do it, if they have some jurisdiction. 

A lot of people die in prison, well before their time. I don't want any martyrs. 

[Anastasis 23,403]

LOL at the notion that anybody is going to prosecute a senator over this.  Burr knows where far too many skeletons are buried. 

 

Edited March 19, 2020 by Anastasis

[Chooky 13,303]

Burr

/Adam Sandler yesterday gif

[JimmyJames 12,271]

3 minutes ago, Anastasis said:

LOL at the notion that anybody is going to prosecute a senator over this.  Burr knows where far too many skeletons are buried. 

 

LOL at being a sheep. Maybe next time he’ll improperly procure a FISA warrant and you can then give a shit.

[washparkhorn 9,935]

Westfall Act also protects this Burr jackass from civil liability.

[Anastasis 23,403]

2 minutes ago, JimmyJames said:

LOL at being a sheep. Maybe next time he’ll improperly procure a FISA warrant and you can then give a shit.

Oh I give a shit. I also occupy a reality space that you don't care to operate in. He won't be prosecuted over a stock sale when he can roll up under cover of publicly available information.  But please, huff more glue jimmy and continue acting like you don't know how the system works. 

[JimmyJames 12,271]

4 minutes ago, Anastasis said:

Oh I give a shit. I also occupy a reality space that you don't care to operate in. He won't be prosecuted over a stock sale when he can roll up under cover of publicly available information.  But please, huff more glue jimmy and continue acting like you don't know how the system works. 

The senate intelligence committee is by definition given information that is not public knowledge and I know how the system works. A system which you apparently acquiesce to. The system is about to change. 

[High Plains Drifter 10,984]

39 minutes ago, Ghost of LL said:

Or maybe--and I'm just spitballing here--we could just shoot them all.

 

Personally, I'd prefer the spectacle of mass guillotines, but that's just me.

 

 

 

And I'm not kidding in the least.

[Ghost of LL 15,495]

Just now, High Plains Drifter said:

 

Personally, I'd prefer the spectacle of mass guillotines, but that's just me.

 

 

 

And I'm not kidding in the least.

God, I love the idea of guillotines.  The spurting blood; the thump of the head in the basket; the look on the face as the head is held up for the crowd.  Now that's a spectacle!

[Bama Chick 28,596]

These motherfuckers never ever attempt to explain themselves so he must be getting some heat from somewhere.

[Anastasis 23,403]

Needs to have a more sporting atmosphere imo. Convert the NFL stadiums to lion pits.  Throw the politicians in there and let them scrap among themselves.  Then let the beasts finish them off. 

[cactusflinthead 27,595]

Helluva ratio there Senator 

[High Plains Drifter 10,984]

 

Law Doggy Doggs--

 

What is the statue of limitations for this Stock Act thing? What I'm actually asking is, can Biden's Justice Dept prosecute Burr? I mean, I'm all for due process before we chop their fucking heads off.

[Anastasis 23,403]

7 minutes ago, JimmyJames said:

The senate intelligence committee is by definition given information that is not public knowledge and I know how the system works. A system which you apparently acquiesce to. The system is about to change. 

Oh good.  The poster who started paying attention in 2016 gonna tell me about how the system is about to change.  I hope that you are right.  Deep down you know you are not.  Burr is not going to be prosecuted based on the STOCK act.

[Woland 729]

Needs to have a more sporting atmosphere imo. Convert the NFL stadiums to lion pits.  Throw the politicians in there and let them scrap among themselves.  Then let the beasts finish them off. 

With pool cues. Someone else can post the GIF.

[Bookman 4,611]

2 hours ago, Hiphopopotamos said:

For those unfamiliar with the 2013 changes:

https://www.npr.org/sections/itsallpolitics/2013/04/16/177496734/how-congress-quietly-overhauled-its-insider-trading-law

Wow, I didn't know that.

[honolulu horn 6,157]

NPR = tabloid style hit piece. What a fucking joke.

[Upgrayedd 5,806]

19 minutes ago, High Plains Drifter said:

 

Personally, I'd prefer the spectacle of mass guillotines, but that's just me.

 

 

 

And I'm not kidding in the least.

Who makes those?  I'm gonna roll what's left of my 401K into them.

[JimmyJames 12,271]

12 minutes ago, Anastasis said:

Oh good.  The poster who started paying attention in 2016 gonna tell me about how the system is about to change.  I hope that you are right.  Deep down you know you are not.  Burr is not going to be prosecuted based on the STOCK act.

You hope he will be prosecuted but state as a fact that he will not.

Sheep.

[Bullneck 19,027]

2 hours ago, wildcat09 said:

It's getting very hard to think mob violence isn't justified.

The Great March on the White House of 2020 will have to wait till the virus thing blows over.

[washparkhorn 9,935]

3 minutes ago, Upgrayedd said:

Who makes those?  I'm gonna roll what's left of my 401K into them.

Chanel style house has a nice one:

 

[JimmyJames 12,271]

20 minutes ago, Bama Chick said:

These motherfuckers never ever attempt to explain themselves so he must be getting some heat from somewhere.
 

He’s trending in the news.

Just read his lame twitter excuses. He needs to be arrested, tarred and feathered, then prosecuted for murder. He killed many people.

[Upgrayedd 5,806]

Ya.  I'm long on the guillotine sector.

[JimmyJames 12,271]

35 minutes ago, Anastasis said:

Oh I give a shit. I also occupy a reality space that you don't care to operate in. He won't be prosecuted over a stock sale when he can roll up under cover of publicly available information.  But please, huff more glue jimmy and continue acting like you don't know how the system works. 

You have an amazing ability to never post about things you claim you give a shit about.

[Grade of D as in David 13,253]

4 minutes ago, Bullneck said:

The Great March on the White House of 2020 will have to wait till the virus thing blows over.

2020, 2021, whatever it takes

 

[Blotto 23,439]

18 minutes ago, JimmyJames said:

The senate intelligence committee is by definition given information that is not public knowledge and I know how the system works. A system which you apparently acquiesce to. The system is about to change. 

 

8 minutes ago, Anastasis said:

Oh good.  The poster who started paying attention in 2016 gonna tell me about how the system is about to change.  I hope that you are right.  Deep down you know you are not.  Burr is not going to be prosecuted based on the STOCK act.

I couldn't remember the exact dates, so I just checked my brokerage accounts, and I started buying a variety of puts on individual stocks as well as the S&P on 1/30 and continued through the 2nd week of Feb . I didn't do it because I was concerned about Coronavirus in the US. I did it because China was shutting down manufacturing and quarantining millions and the markets in the US were at all time highs. There was a huge disconnect and  I was strongly convinced our supply chains would be fucked and the markets would be correcting soon (admittedly not to the extent they eventually did). I didn't need senate intelligence committee briefings to see what was coming. 

Now, the fact that Burr also had access to non-public intelligence  regarding the Coronavirus is where things get cloudy, because I'm not sure how that legally impacts his argument. But to Anastasis' point, there was plenty of publicly available information to suspect the markets were going to go down, and you can bet that will be his defense. Whether that is a legally sound defense, I have no idea as its been years since I stayed in a Holiday Inn Express. 

 

[Anastasis 23,403]

2 minutes ago, JimmyJames said:

You have an amazing ability to never post about things you claim you give a shit about.

Anastasis, why you here never posting about the things you post about?

 

Fuck off jimmy and go trade dog kisses with Fondren. 

 

[Anastasis 23,403]

1 minute ago, Blotto said:

 

I couldn't remember the exact dates, so I just checked my brokerage accounts, and I started buying a variety of puts on individual stocks as well as the S&P on 1/30 and continued through the 2nd week of Feb . I didn't do it because I was concerned about Coronavirus in the US. I did it because China was shutting down manufacturing and quarantining millions and the markets in the US were at all time highs. There was a huge disconnect and  I was strongly convinced our supply chains would be fucked and the markets would be correcting soon (admittedly not to the extent they eventually did). I didn't need senate intelligence committee briefings to see what was coming. 

Now, the fact that Burr also had access to non-public intelligence  regarding the Coronavirus is where things get cloudy, because I'm not sure how that legally impacts his argument. But to Anastasis' point, there was plenty of publicly available information to suspect the markets were going to go down, and you can bet that will be his defense. Whether that is a legally sound defense, I have no idea as its been years since I stayed in a Holiday Inn Express. 

 

Agree.  The writing was on the wall.  On the whoa thread I literally posted "what SPY puts you guys buying" as I was loading up the week before the crash.  Other posters were talking about VXX etc. The is plenty of publicly available cover that Burr will rely on.  We know that his actions were extremely likely to have been influenced by his intel briefings.  But he is never going to see prosecution over this unless somebody has a clean paper trail to link the two.  

[washparkhorn 9,935]

Ana and me,

December 29, 2019,

Predicting all the markets

Some senators be listening.

On 12/27/2019 at 8:34 PM, washparkhorn said:

Does anyone believe there is not an asset bubble presently?

The question is how to slowly deflate it or grow the economy to catch up. No?

 

On 12/27/2019 at 8:39 PM, Anastasis said:

 Of course there is a bubble.  The only real question is how much money can I lose watching SPY puts expire until reality catches up. 

322 down to 240 on SPY. 

Would you like to subscribe to our newsletter?

Edited March 20, 2020 by washparkhorn

[Anastasis 23,403]

^ Damn.  Good memory. 

[DDD Dad 14,269]

Fun Fact:
REM second album Reckoning:
2.  "7 Chinese Bros." – 4:18
3.  "So. Central Rain (I'm Sorry)" – 3:15

Second full album. They did have an EP before Murmur.

[Degenerate Gardner 4,084]

Checked the last several pages and didn't see this. SIAP

Newsome's estimate of 25.5 million Californians infected over an 8 week period is bone chilling, brah.

 

 

 

[Bullneck 19,027]

6 minutes ago, Degenerate Gardner said:

Checked the last several pages and didn't see this. SIAP

Newsome's estimate of 25.5 million Californians infected over an 8 week period is bone chilling, brah.

 

 

 

Trump: Who?  From where?  California?  OK, I'll get right on that.

[Pancho 44,535]