Sen. Kelly Loeffler (R-GA), who was appointed to her post undemocratically against the wishes of President Donald Trump, has been revealed for selling stock shortly after a private briefing on the coronavirus.
She and her husband sold off a stunning seven figures worth of stock options after the Senate Health Committee held a private meeting with all Senators to brief them about the growing coronavirus epidemic.
“Appreciate today’s briefing from the President’s top health officials on the novel coronavirus outbreak. These men and women are working around the clock to keep our country safe and healthy,” Loeffler wrote in a tweet about the briefing at the time.
Loeffler dumped stocks worth between $50,001 and $100,000 in Resideo Technologies following the hearing. The stock for Resideo has dropped by half since that point, as the Dow Jones has tanked by losing roughly 10,000 points.
She also made a buy of between $100,000 and $250,000 in Citrix, a tech firm specializing in teleworking that has bucked the market during its downturn due to the increased demand for remote networking because of coronavirus.
In subsequent tweets, Loeffler has repeatedly downplayed the threat of coronavirus.
“Democrats have dangerously and intentionally misled the American people on #Coronavirus readiness,” she wrote in a tweet on Feb. 28. “Here’s the truth: @realDonaldTrump & his administration are doing a great job working to keep Americans healthy & safe.”
“Concerned about #coronavirus?” she wrote in a tweet on March 10. “Remember this: The consumer is strong, the economy is strong, & jobs are growing, which puts us in the best economic position to tackle #COVID19 & keep Americans safe.”
Since she wrote those tweets, most of the country has been locked down, Wall Street has cratered, and death tolls have continued to spike.
Loeffler is not the only Senator who seemingly took information about coronavirus to benefit their own finances. Sen. Richard Burr (R-NC), who is chair of the Senate Intelligence Committee, had his hand caught in the cookie jar as well. He jettisoned between $500,000 and $1.5 million of stock in February after the meeting.
Burr knew about how potentially deadly the coronavirus could become, but only told his inner circle of well-connected constituents and kept the public in the dark.
“There’s one thing that I can tell you about this: It is much more aggressive in its transmission than anything that we have seen in recent history,” he told the insiders in the uncovered audio. “It is probably more akin to the 1918 pandemic.”
Loeffler was appointed to the U.S. Senate seat last year by Georgia Gov. Brian Kemp against the counsel of President Trump. Trump’s preferred pick for the seat, Rep. Doug Collins, is challenging Loeffler for her Senate position right now. The U.S. Senate election in Georgia will take place in November with multiple Republicans on the ballot.
POLL: Truck Drivers Won’t Deliver to Cities With Defunded Police Departments
They will be on their own.
A poll conducted among truck drivers by an industry organization reveals that a substantial majority of drivers will decline to deliver shipping loads to cities that “defund” their police departments, a new progressive policy proposal gaining acceptance in many Democratic cities in the wake of the death of George Floyd and the race riots that followed.
The poll was conducted by trucking industry news site CDLLife. The company polled CDL license holders on its app, asking “Would you pick up/deliver to cities with defunded or disbanded police departments? Why or why not?”
A whopping 77% of truck drivers who use the app said that they would not engage in trucking in cities without police departments. Some drivers explained their reasoning.
“I will not deliver to an area with a disbanded police department. My life matter and I do this for my family. We are already at the mercy of these towns and cities with laws and hate against us for parking, getting a meal or even using a restroom.”
“For my own safety and security of my customers’ loads, I have already informed my dispatcher that I will refuse all loads to cities that have defunded their police departments.”
Trucking remains one of the most dangerous jobs in the country, more so than actually being a police officer. Department of Labor research has indicated truck driving is the most dangerous job in the country, rated through fatalities per capita.
One Minneapolis truck driver was attacked by a mob of rioters staging a roadblock on a public highway. The rioters were seen attacking the man’s truck and assailing his windshield after he tried to drive through their dangerous checkpoint. Remarkably, the driver himself was detained by the Minneapolis Police Department after the permitted rioters to shut down the highway, but was later released from custody without charges.
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