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Dear Friend,
News just broke that the Justice Department has launched an insider trading investigation into Senator Richard Burr and possibly others for dumping millions in stock based on a classified information just before the market crashed.
Sen. Burr's actions were simply nauseating. As chair of the Intelligence Committee, he had information about the true extent of the coronavirus pandemic before almost anyone else in government.
And he didn’t warn the country. He didn’t prepare an emergency pandemic action plan. He dumped stock.
The corporate media is treating this scandal as a minor sidebar story, but not Common Dreams. And we’re going to keep reporting on the corruption of government officials like Burr as well as the corporate bailouts and disaster capitalists taking advantage of this crisis to get rich.
These are perilous times. If you are in a position to help keep us strong—so we can continue to bring the world the news and views that matter most—please donate today.
On the same day last month that Donald Trump assured the public that the coronavirus “would disappear,” Sen. Burr was meeting with a group of high-dollar donors, warning them that the coronavirus pandemic would be worse than any seen in modern times.
And Richard Burr isn't the only one engaged in insider trading. Georgia Senator Kelly Loeffler also sold up to $3.1 million in stock--and bought shares of companies that specialize in remote working software--while telling the public that the economy was strong and there was nothing to worry about.
The Trump administration and Republican lawmakers are moving to make sure their fat-cat donors and corporate cronies are protected even as they shortchange U.S. workers and families who are hit hardest by the outbreak. Now we know that some have even maneuvered to enrich themselves at the expense of public health.
This is beyond outrageous—but Common Dreams is committed to shining a bright light on the kind of greed and shock-doctrine policymaking the corporate media—owned by the very same wealthy elite who prop up this system—would rather ignore or downplay.
Please, if you can, support independent journalism during the coronavirus pandemic.
In solidarity and thanks,
Craig Brown
Co-Founder
Common Dreams
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