Yesterday there was considerable and appropriate outrage that a pair of Republican Senators had used insider coronavirus information to sell off stocks before the market plunge. For some reason, that outrage didn’t include democrat Dianne Feinstein who also avoided major losses by dumping $5 million in stocks. Insider trading, like racism, sexism, and sexual assault are only bad when Republicans do them.
I wrote about Republican Senators Richard Burr and Kelly Loeffler selling off stock right after they had a coronavirus briefing in February. I think this is some serious scumbag stuff and commented that it doesn’t matter to me if a Republican or a democrat did it: wrong is wrong.
I also made mention that democrats probably did the same thing but that the liberal media wouldn’t cover it or freak out about it nearly as much. When I’m right, I’m right.
Here’s The NY Post breaking something the liberal media wouldn’t touch:
[Dianne] Feinstein, a California Democrat, sold $500,001 to $1 million worth of stock in a company called Allogene Therapeutics on Jan. 31, less than a month before panic about the virus caused markets to plunge, Senate records show. Her husband sold $1,000,001 to $5 million worth of Allogene shares on Feb. 18, according to financial disclosures.
This is as bad as if Feinstein had bought an ass-load of gun manufacturer stock right before she introduced the Assault Weapons Ban.
No worries though, Feinstein has a perfectly good explanation for this:
“All of Senator Feinstein’s assets are in a blind trust, as they have been since she came to the Senate. She has no involvement in any of her husband’s financial decisions,” said Feinstein spokesman Tom Mentzer.
If her husband is making these financial decisions, her assets aren’t in a blind trust. Also, what are the chances Feinstein and her husband never talk about stuff like the coronavirus and a possible stock market crash?
Richard Burr is accused of dumping $1.7 million in stock. Kelly Loeffler is accused of dumping $3.1 million in stock. Another Republican Senator, Jim Inhofe, is accused of dumping $400,000 in stock. Feinstein is accused of dumping over $5 million in stock, but it’s simply not that outrageous to the liberal media.
The fake news industry has actually reported on Feinstein’s fortunate stock dump, but as a footnote. Check out these headlines:
LA Times: Senator’s stock trades after coronavirus briefings trigger investigation
Reuters: U.S. senators face calls to resign for dumping stock before coronavirus crash
NY Times: Kelly Loeffler and Richard Burr Were Briefed on Coronavirus. Then They Sold Stocks. What Now?
Raw Story: The sobering reality: Republican supervillains profited while abandoning us to coronavirus
CNBC: Sen. Loeffler, NYSE CEO husband defend stock sales after her private coronavirus briefing
Notice anything missing from these headlines? Where’s Dianne? All of the articles briefly mention that Feinstein also did this shit, but the liberal media doesn’t want to give people the impression that a democrat doing the same thing as a Republican was equally as bad.
Now comes the tricky part: how do they get ethics probes against Burr, Loeffler. Inhofe without bothering with Feinstein at all?
It probably doesn’t matter because Fienstein has a rock-solid defense of this. She can simply say that she didn’t use insider info she got as a U.S. Senator, but rather got a hot stock tip from the Chinese spy she employed for 20 years.