Barack Obama, Capitalist
Our great socialist leader can play any game and win — even capitalism:
On February 22, 2005, Barack Obama, a U.S. Senator at the time, placed a trade on a tiny biotechnology company out of Oregon. The biotech company’s name is AVI Biopharma.
Records show that Obama purchased tiny AVI Biopharma just above $2 a share.
AVI Biopharma is a biotech that’s been around for years. It develops drugs intended for the use to treat infectious diseases… some of which the Department of Homeland Security have deemed “bioterrorism” viruses like West Nile, Dengue fever, SARS and Ebola.
However, the company had been around since 1980, and had never brought a single drug to market. Yet guided by his preternatural capitalistic savvy, Chairman Zero bought the stock. By some remarkable coincidence…
8 months after Obama bought the stock, the company was awarded a $28 million contract from the federal government to research treatments against biological warfare or a bioterrorism attack.
AVI Biopharma spiked in price… and days after the announcement, Obama sold his shares and booked a 73% profit.
Reminds you of Shrillary, doesn’t it? No wonder our socialist rulers think all money is easy money, to be redistributed on a whim. For them, it is easy.
On a tip from Kevin R. Cross-posted at Moonbattery.