Welcome everyone to the Damageport Friday edition also lockdown edition. So another first and because it is a Friday, we do have against all odds.

I'm not feeling brave. I'm scared. So it does appear to be live. People are coming into the chat. So we are actually broadcasting. So thank you for joining me, Brett.

It's great to be here. I'm very excited. I am not sure what's going on. I want to let people know a bit of what they can expect. So we're going to be talking about Richard Burr and the ever expanding list of senators who apparently cashed in on their forewarning about the coronavirus situation.

We're going to be talking about that. We have compiled the list of things that we find unacceptable that have been developing recently. It's a little grab bag of awfulness.

But we are then going to be bouncing that out. We've got a top 10 list. So Brett and I have put together 10 people and things being done in the pandemic that give us hope people being nice or decent or fun.

These are not like the biggest things necessarily. They're just small things that we kind of like. And then let's see gets talk about game stop doesn't happen very frequently on the stream. But it's coming up today. And then we do have garbage people.

And my garbage people are almost always serious political things, but I've taken inspiration from Brett mine today is slightly less than serious mine. I can't tell everyone how much we were not fully prepared from what's happening.

So during my prep for this show, we were trying to figure out how to do main show. And so I robbed from my pitches from main show to do this. Not even sure if they made it into main show.

So my mind is decidedly less thought out than John's today, but we'll see.

We're going to see said it Richard Burr as well as others are under an incredible amount of scrutiny because it appears that they use their forewarning some time ago about a month ago about what was likely to happen with coronavirus here in the United States to sell off a massive amount of stock.

Let me catch you up on the basic facts and then we have updates soon after we offered public assurances that the government was ready to battle the coronavirus, the powerful chairman of the Senate Intelligence Committee.

Richard Burr sold off a significant percentage of his stocks unloading between 628,000 and 1.72 million of his holdings on February 13 in 33 separate transactions.

A week after he sold those stocks, the market began to sharp decline and is lost about 30% of his value since then, which even by my non-savvy like investor stuff, he saved hundreds of thousands of dollars at very least.

We also know that apparently NPR has obtained a secret recording from February 27 where he gave a VIP group at an exclusive social club like a preview of what was really going on while his public statements were still we got this it's all under control, you don't got to worry about it.

So we've got a lot more to update you on after that, but Brett, since you're here, I talked about this a bit with Anna.

What are your thoughts on Richard Burr and the others apparently cashing in?

So my read on the way that the general finance community thought about the economy before this all went down was that the general idea of the land was that like the big folks, Maryland, and various other like not private wealth management firms were already kind of nervous.

They were looking around saying, hey, I'm not I mean, I talked to one guy who was like, we have we have experienced 12 years of unprecedented growth. So essentially that he's been telling his clients to take a more defensive approach when it comes to like their stock portfolios.

So that so to see certain individuals gently nudge their stock investment portfolio away from an aggressive stance, not a big deal.

You would probably have seen that anyway. And when you start hearing little bits of whispers about coronavirus saying this might disrupt some element of the supply chain, but Wuhan's far away from folks.

So we'll adjust a little bit. But Richard Burr does not have that defense. Yeah, Burr has Burr essentially said, I, I told a private group of well connected people I have insider information that says that this will have a bigger effect than what I then am representing to the general public about how they should react to things.

And if you look at leaders, certain leaders do that anyway, like your parents when you were a kid looked at you and said, listen, everything's fine when maybe it wasn't fine. Maybe they were worried about financial situations that your family was having, but they told you there's still is a Santa Claus and there's so will be a Christmas.

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