Three Ways to Stop Corrupt Congressmen
The Political Orphanage
Andrew Heaton
4.9 • 1000 Ratings
🗓️ 1 April 2020
⏱️ 59 minutes
🧾️ Download transcript
Summary
Senator Richard Burr is catching fire (and possible prosecution) about selling $1.7 million of stock days before the market tumbled. How do members of Congress profit from insider information and power, and what can we do to stop them? Brian Sack and Jack Helmuth join Heaton to discuss.
Season 2, Episode 43
Transcript
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| 0:00.0 | Hello and welcome to the political orphanage a show more concerned with solutions than partisan mud flinging. |
| 0:14.6 | I'm your host Andrew Heaton and like you I am also under house arrest. |
| 0:20.3 | But unlike you I am under house arrest for massive tax evasion. |
| 0:25.0 | Brian Sack and Jack Helbeth, you are funny people and you are the host of questionable |
| 0:31.4 | material. Yes, we are. Definitely the second part. Yeah, yeah, yeah, |
| 0:36.4 | you're that part is actually factual. Yeah, that's there's no subjective element to that. You're |
| 0:40.4 | absolutely the host of that. and you guys are in you're |
| 0:44.0 | both in New York are you're both upstate right or ones in Westchester one's upstate |
| 0:47.4 | we yeah we live in I'm I scrambled upstate once all hell broke loose and Jack lives in Westchester County |
| 0:54.8 | were hell also broke loose. |
| 0:57.0 | Yeah, you know, I told our real estate broker, you know, back in 2015 like find me someplace it's going to be like the epicenter of |
| 1:04.4 | something cool and so she did it she did a great job I couldn't recommend her |
| 1:09.0 | enough what I thought we would talk about today is the the breaking from a couple weeks ago which is that a bunch of |
| 1:15.3 | congressmen unloaded all of their stocks just before the market collapsed because of COVID-19, |
| 1:21.9 | suspiciously close and before the market collapsed. |
| 1:26.7 | And what exactly that means and what we should do to work with that? |
| 1:31.5 | So is a primer for anybody that you |
| 1:33.9 | probably heard about this but if not there's at least four senators who |
| 1:37.0 | who dump stock uh... senator burr from north carolina is the big one there's |
| 1:41.4 | also kelly loffler or Leffler and David Purdue of Georgia |
| 1:47.0 | as well as Diane Feinstein of California and James Inhofe of Oklahoma. |
| 1:52.0 | And there's like 20 or so. and James Inhofe of Oklahoma. |
... |
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