Commentary

A constituent reaches out to Senator Richard Burr

Dear Senator Burr:

I am writing to see how I can subscribe to your Stock Tips Newsletter. I heard on the news Friday morning that you had a Subscribers’ Luncheon on Feb. 27 to share some hot tips and then I learned this afternoon how you – what’s the word? … leveraged? – your government-acquired information into some nifty stock trades just ahead of the current market collapse. I thought that type of thing was illegal! But, what do I know?? That’s the whole point – I want to have the benefit of your taxpayer-paid-for insights!!

I have known for a long time that you don’t really care much about the Common Constituent and I was feeling some kind of way about it until I realized I could buy my way out and become an Upgraded Constituent receiving insider government information! It seems the entry level subscription is $500. I’m all in!!

I, like you, am heading toward retirement. For me it was going to be in three months but I may be having to review that now. For you I imagine it can’t come soon enough and I’m inclined to agree with you. If I’d just subscribed soon enough to make the luncheon I may not have lost 30% of my retirement money. But while I and most other North Carolinians have watched our money evaporate, you were sitting pretty!! I know our President has made Greed fashionable and you have raised it to a new level. I admire that! Burr First!!

Please reply quickly as I think the Market is going to keep falling. Question: If I can’t scrape together the $500 at that point, will you accept EBT? I can link to an off-shore account if need be. No judgment here!

Thanks!!

Born and raised in Fayetteville, Toby McCoy is a psychologist who has dedicated his professional career to helping military families and poor women struggling with addiction. He lives in Chapel Hill.

16 Comments


  1. Carmen Covington Davis

    March 23, 2020 at 5:53 pm

    Love this.

  2. Janet M Britt

    March 24, 2020 at 10:06 am

    Thank you. What he did is beyond the pale. Sadly, I’m not one bit surprised.

  3. maria apolloni

    March 24, 2020 at 11:33 am

    Brilliant! thank you

  4. Margaret Barnes

    March 24, 2020 at 3:53 pm

    Well said. I certainly would have attended that luncheon. My invitation, I’m sure, was lost in the mail. Too bad for me.

  5. Jeanne Kirby

    March 24, 2020 at 9:04 pm

    Love your comments regarding …ahem.. investments by your politicians. This grinds my gears. No, I’m not from your state, but it still annoys.

  6. Lewis Dancy

    March 24, 2020 at 9:36 pm

    Toby!! Love you even more!

  7. Carrol Olinger

    March 24, 2020 at 10:50 pm

    I love this article!.

  8. Angela Groves

    March 25, 2020 at 2:55 pm

    Mr Burr, Perhaps if my husband could have membership, we would not have suffered about a 30% loss of our retirement funds in our IRA. He is so depressed right now, can’t sleep, and does nothing but worry. I hope you have nothing but bad luck from here on, because you are despicable…just like 45.

  9. Jacqueline Hubbard

    March 25, 2020 at 7:10 pm

    You speak for a lot of us THIS IS ILLEGAL and they should be charged

  10. James Pearce

    March 25, 2020 at 9:17 pm

    I sat in a pool room most of my life saw exstreamly good con men and hustlers but you make them look like MARY P0PPINS

  11. Kay Rosen

    March 26, 2020 at 10:32 am

    Does Mr. Burr still hand out fidget spinners or do attendees have to bring their own? Or, more likely, buy them from Mr. Burr?

  12. Kathy

    March 26, 2020 at 11:53 pm

    The lowest of low things you could do. A criminal act that should be prosecuted. Where is the attorney general? Missing in action? Yeah! I saw him hiding behind el Trumpo a couple of days ago! What about the Securities & Exchange Commission?? Were they all in on it too???

  13. MKU

    March 27, 2020 at 5:56 am

    Obviously a cheat. Should be prosecuted and go to jail for sure.

    But real question. If you are close to retirement, WHY WERE YOU IN ALL STOCKS!? No balast in your portfolio? Bonds? Alternatives?

    AOM (BlackRock iShares Core Moderate Allocation) was not down 30%, not even close. Neither was Vanguard Target Retirement 2020 (close to what you should have been in).

    At the bottom last week they were -15 to 20% down and now under 10% down ytd.

    Asset allocation matters.

  14. Kay Rosen

    March 27, 2020 at 10:22 am

    Does Mr. Burr still hand out figet spinners or do attendees have to bring their own? Or, more likely, buy them from Mr. Burr?

  15. Jon Gardner

    March 27, 2020 at 4:13 pm

    Would it surprise anyone to know that Mr Burr voted against the congressional stock act?

  16. George Polidoro Jr.

    March 28, 2020 at 11:03 am

    We can grumble all day long, but in the end he has won because he is deaf to morality and free to continue unabated.

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