One of my new Senators -- new to me since I moved here, I mean, he's been in office entirely too long -- is
Richard Burr.
Sen. Richard Burr, R-N.C., and Sen. Kelly Loeffler, R-Ga., dumped stock holdings worth millions ahead of the market plunge that began in February after they received briefings on the coronavirus, according to published reports Thursday.
Burr, the chairman of the Senate Select Committee on Intelligence, sold the stocks on Feb. 13, ProPublica reported, citing disclosure filings.
Loeffler began dumping shares Jan. 24, after a private briefing for senators from administration officials, including the CDC director and Anthony Fauci, the head of the National Institutes of Health, the Daily Beast reported.
Shares of the companies whose stocks she sold are down an average of 33%, since then, according to the report. Loeffler's sales totaled between $1,275,000 and $3,100,000, according to the report.
On Feb. 7, Burr wrote in an op-ed co-authored with Sen. Lamar Alexander, R-Tenn., that “the United States today is better prepared than ever before to face emerging public health threats, like the coronavirus, in large part due to the work of the Senate Health Committee, Congress, and the Trump Administration.”
Earlier Thursday, NPR reported that Burr offered a far more dire forecast in comments in late February to a private luncheon organized by the Tar Heel Circle.
He warned that travel restrictions, school closures and military involvement could all come to pass, as indeed they have.
If you're worried about the state of the Senate should he resign, you need not be. Under
NC law, if there is a vacancy in the Senate unexpectedly the governor does appoint his replacement, but...
(a) The replacement must be of the same party, and,
(b) Must be chosen from a list of three people selected by that party's leadership.
So there's really nothing to lose in pushing him out. It's all upside.
By the way, the other Senator who chose personal profit over warning the public about the dangers was the one that Georgia Governor Brian Kemp appointed instead of Doug Collins. Kemp's a skunk too, as we were just discussing, and here's evidence that skunks run in packs. Fortunately there is an actual election in Georgia,
and the Republican primary is right around the corner. If you're a Republican voter and citizen of Georgia, you should definitely pick Collins to run in the general in November. [Correction: the Senate Special Election will
not have a primary, but will feature all candidates from all parties on 3 November. --Grim]
Also, get rid of Kemp when you can. That's my advice.
UPDATE: In researching the Senate Special Election, I discovered that one of the candidates is a man I know personally, Richard Dien Winfield. Don't vote for him. He's a nice guy, but the kind of political philosopher who thinks that the Wise should rule over all of you, and assign guaranteed employement jobs that befit your talents as assessed by them, etc. He should continue teaching Hegel, which he is as good at as anyone in the world, and not move to D.C.
UPDATE: Ah.
Sen. Kelly Loeffler, the Senator appointed by Kemp, is
married to -- wait for it -- the Chairman of the New York Stock Exchange. That explains why it seemed plausible to Kemp to appoint a non-native Georgian to a Senate seat. Everybody explained that in terms of 'trying to appeal to the white suburban female demographic' or 'trying to appeal to the large transplant population in Atlanta,' but it still seemed amazing that a recent transplant with no longstanding ties to the state who had never held any other political office would be appointed to the Senate. Now it makes perfect sense.