Dear Senator Loeffler, Senator Perdue:
Press reports that you and Senator Perdue (and as yet unknown others) initiated large SELL orders well in advance of the general public becoming aware of the onset of the recent Chinese Wuhan virus raise very troubling moral & ethical questions.
Your response that your portfolio is managed by an alleged, independent arm’s length financial advisor does little to alleviate concerns that you were guilty of the sort of insider trading that has sent Martha Stewart and others to prison.
And even IF you have such an “arrangement”, if said investment advisor wished to REMAIN in what we all know is a lucrative one for him, would he DARE disregard a quick 6 word phone call from from you advising him to “SELL IT ALL AT THE MARKET”??
The American people are increasingly aware of the two tier JUSTICE system operating here. We are now becoming aware of the two tier FINANCIAL system in which those in positions of public trust are immune from the laws applied to the rest of us. I recall from my study of history that corrupt systems of that sort sparked revolutions that saw those who foolishly availed themselves of and abused it died under the blade of the guillotine.
Questions for you to IGNORE:
Date and time of the private “briefing” at which you and others were made aware of the nature and possible severity of the Wuhan virus?
Who conducted the briefing?
The names of the others in the room?
On what dates were the reported sales of stocks and/or other financial instruments initiated?
Unlike you anointed ones who have the power of the subpoena, we out here in flyover country would have to jump through very costly and time-consuming legal hoops to gain access to the records of those activities or obtain sworn testimony from your financial advisor and others with knowledge of the truth of these matters.
We don’t expect a response but feel free.
Our response will be at the polls in November.
Dick Bachert