HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Robert Reich: We've reach...

Thu Mar 26, 2020, 10:51 AM

Robert Reich: We've reached a moral emergency -- and the privileged are profiting from it

Published 1 min ago on March 26, 2020
By Robert Reich- Commentary

Societies gripped by cataclysmic wars, depressions, or pandemics can become acutely sensitive to power and privilege.

Weeks before the coronavirus crushed the U.S. stock market, Republican Senator Richard Burr used information gleaned as chairman of the Senate intelligence committee about the ferocity of the coming pandemic to unload 33 stocks held by him and his spouse, estimated at between $628,033 and $1.72 million, in some of the industries likely to be hardest hit by the global outbreak.

While publicly parroting Trumpís happy talk at the time, Burr confided to several of his political funders that the disease would be comparable to the deadly 1918 flu pandemic.

Then the market tanked, along with the retirement savings of millions of Americans.

https://www.rawstory.com/2020/03/robert-reich-weve-reached-a-moral-emergency-and-the-privileged-are-profiting-from-it/

I like what Reich calls it...................Burring......................

0 replies, 500 views

Reply to this thread

Back to top Alert abuse

Reply to this thread