BKP speaks with Republican Senator David Perdue
Election, Featured News, Featured Stories, News December 30, 2020
Mere days before the run-off election deciding the Georgia’s Senate seats for this term, David Perdue (R), current Senator and incumbent candidate, is preparing for the final push up to election day. Counties across the state have reported record turn-outs for voting during 2020 and it looks like this election will see more voters than usual as well.
Voters are also turning out to rallies and campaign events as well. With debates still going over the Presidential Election and voters asking for continuing support, Perdue notes that he was among the few Senators who supported Trump before he was initially elected. Perdue said he fought with Trump as he turned the nations economy to it’s “best economic turnaround in history.”
Going through options and ideas in fighting what they are calling corruption in the recent election.
It is constantly a struggle against the Democrats according to Perdue who said that he is continuing to do everything that Trump asks him to do for that support.
Perdue noted, though, that people who are angry need to support Trump and the Republicans, but they also need to get out to vote. With numerous registered voters in every district still not voting on election day, Perdue calls to citizens saying that they are trying to fight the corruption and make the vote fair. He said they are working hard but it is very frustrating that people are still not voting.
Part of the efforts he has been working towards, Perdue has spoken with President Trump on Christmas Day. Perdue noted the stimulus and support for small businesses, people, and those in need from the pandemic fallout.
Perdue went on to speak on the omnibus bill at the federal level and looking at the efforts of the president fighting for people.
Senator David Perdue
This was a great focus of Perdue in his time with BKP as he pointed to national security and what is at stake in the January election.
Perdue said that Jon Ossoff has been paid for two years by the Chinese Communist Party. Perdue said, “This is another example of how the Chinese Communist Party is trying to influence American Politics. They got in Hunter Biden’s pocket, they got into Congressman Swalwell’s bedroom, and they got into Jon Ossoff’s ego and his ambition to be an elected official. For two years after he ran for the U.S. House of Representatives and lost against Karen Handel in 2017. The very next year they hire him and pay him for two years. He hid it from the people of Georgia during his Primary this year. He lied about it. When he got caught, he came clean and then lied about it again.”
Perdue said that Ossoff is not good for Georgia because he is being controlled and influenced by China just like Biden and Swalwell. He noted that if the Republicans lose these two seats, then Biden will absolutely ruin everything in America that we have fought for.
Perdue called on voters again and said, “Don’t do it for me, don’t do it for Kelly, don’t do it for yourselves. Look at the children and think about their children. This is what’s at stake right now, the form of America. What America will look like in 50 to 100 years is determined by these two Senate races.”
Nikki Haley and Kelly Loeffler campaign in Demorest
Featured, Featured Stories, News December 20, 2020
DEMOREST, Ga – Senator Kelly Loeffler (Ga-R) stumped with former UN ambassador Nikki Haley (R-SC) in Demorest, Ga ahead of the January 5 runoff.
Senator Loeffler commented that Habersham represented the best of Georgia with a diverse range of industries.
“They care about the freedoms that we’re fighting for every single day. They also care about the things we need to be delivering like coronavirus relief that Democrats have blocked and I’m fighting for that, “Loeffler stated.
Georgia’s junior senator has yet to congratulate President-elect Joe Biden for his win but wants to focus on ensuring “free and fair elections” for Georgians. She dedicated to still fighting for President Trump.
https://youtu.be/aoU8H5ScAKsLoeffler expressed concerns about Biden’s nominees and “grave concerns about the entire Democrat agenda. Socialist ideas that raise our taxes and grow government at the expense of hardworking Georgians.”
As far as Haley’s concerns about Biden’s appointees, she called it recycling of the Obama administration, and they are just trying to buy friends. According to the former South Carolina governor, Trump stopped those practices and held foreign countries like China and Iran accountable.
She also stressed that Loeffler and Senator David Perdue must be sent back to the U.S. Senate to serve as a line of defense about the left’s practices.
“We’ve got to make sure we win these Georgia races because we can’t go the way of the Democrats,” Haley said. “When you’ve got her opponent, Raphael Warnock saying, ‘you can’t serve God and the military.’ There’s a lot of men and women who serve ‘one nation under God.’ It’s offensive so with people like that we have to keep them in the Senate.”
Early voting started on December 14 and continues through December 31. The polls will be closed on holidays. Election day is January 5, visit the Secretary of State’s office myvoterpage to find your polling place.
https://youtu.be/BnuN1n4L0FI“Freedoms on the ballot”; Mike Pence encourages Georgia voters
Election, Election 2020, Feature News, News November 20, 2020
“Here in Georgia, we’re going to have us a rodeo.”
Vice President Mike Pence pointed into the lively crowd and said Georgia is “up for the task” as the Jan. 5 runoff approaches for the U.S. Senate election.
Pence made his way to Gainesville as part of his “Defend the Majority Rally.” The stop was held at the Chicopee Woods Agricultural Center promptly at 3:15 p.m.
Mike Pence, Senators David Perdue and Kelly Loeffler, as well as Commissioner McDonald, spoke to hundreds of Georgia voters.
With the first election results for Senate, Warnock obtained under 33% of the vote. Loeffler received under 26% and Republican Doug Collins – who ran against Loeffler for the conservative vote – received under 20%. Since Collins conceded Loeffler, he has since then endorsed her. This gives potential to unite the Republican vote in the January runoff.
Loeffler will face Rafael Warnock. Perdue will run against Democratic challenger Jon Ossoff.
A runoff election is a second election that is held to determine a winner. This happens when neither candidate in the first election met the required threshold to win. Georgia law states that if no candidate breaks 50%, the top two vote-getters will run again to determine a winner.
Perdue stressed to voters the importance of early voting with his worry of ice storms in Georgia.
“We need your help to make sure the road to socialism never runs through the state of Georgia,” Perdue said. “By getting the vote out again, we will tell America and the Democratic party and the world that the work we’ve done the last four year has not been for not. We’re going to protect the work of Donald Trump and Mike Pence over the last four years that made America great again.”
Pence promised the voters that they are and will continue to fight on a legal matter with getting in the correct votes for the 2020 election and for America. Pence said President Donald Trump and himself stand strong with both Perdue and Loeffler.
“We’re going to keep fighting until every legal vote is counted. We’re going to keep fighting until every illegal vote is thrown out and whatever the future holds, we will never stop fighting to make America great again,” Pence said. “That’s why Georgia and America need David Perdue and Kelly Loeffler back in a Republican majority.”
Pence spoke to the crowd to campaign for Perdue and Loeffler with the upcoming January runoff. The runoff is crucial to the Republican party, beings it will determine which party has control over the Senate.
Loeffler reiterated to voters what is important to her, which is “conservative values.”
“It is our job to keep America great, keep fighting for this President, keep fighting for this Vice President because they love America,” Loeffler said. “We’re going to be fighting for your conservative values.”
The Vice President also took the time to talk about the successes of the Trump Administration, highlighted the restoration of America’s military and said Trump has been a man of his word. Additionally, Loeffler, Perdue, Pence and Trump are firm believers in supporting law enforcement.
Pence stated that Pfizer turned in their vaccine to the FDA, with 40 million vaccines to be distributed across America by the end of the year.
“That’s the leadership of President Donald Trump; we’re in the miracle business,” Pence said.
The Georgia Secretary of State officially reported President Trump’s loss of Georgia overall in the 2020 election. President-elect Joe Biden makes him the first Democratic presidential nominee to win Georgia since Bill Clinton in 1992.
With early, in-person voting in Georgia starting on Dec. 13, Pence said it is crucial to go out and vote for Senators that will continue to defend important American rights.
“A careful study of U.S. history shows that every time the American people are given a choice, between a future of more freedom and a future of less freedom, the American people choose freedom every time…so go tell them freedoms on the ballot on January 5.”
Perdue: “Georgia’s not turning blue” in anticipation for Jan. runoff
Featured, Featured Stories, News November 15, 2020
U.S. Senator candidate Kelly Loeffler and David Perdue talked to Georgia voters in Forsyth County. They hosted a large crowd at Black Diamond Grill at 3 p.m.
The goal was to reach voters in the area to encourage voting for the runoffs on Jan. 5. The race between GOP Sen. David Perdue and Democrat Jon Ossoff will be the first runoff.
The second runoff will be between Republican Sen. Kelly Loeffler and Democrat Raphael Warnock. The outcome of the runoff will determine which party will have control over the Senate.
Loeffler made it clear to the Georgia voters that she plans to continue to be the voice for each of them.
“Make no mistake, we are the firewall, not just for the U.S. Senate but for the future of our country,” Loeffler said.
The runoff is crucial to the representation of the Republican party. All Georgia citizens have to do is get their vote out, Perdue said.
“Georgia’s not turning blue,” Perdue said.
Loeffler said Perdue and herself ensure the “conservative values” for each Georgian, and further stressed the importance of voting in the runoff.
“No one is going to outwork us to make sure that Georgian’s have what they need,” Loeffler said. “America has the freedoms that we deserve and that our God given rights of the Constitution. We’re going to continue for conservative rights, for affordable healthcare, for school choice, for conservative values that lift everyone up. We will be your voice in Washington if you’re our voice on January 5.”
Party in-fighting erupts among Georgia Republicans
Feature News, Featured, Featured News, Featured Stories, News November 9, 2020
ATLANTA, Ga – Republican Senators David Perdue, Kelly Loeffler, and Secretary of State Brad Raffensperger (R) trade barbs concerning the integrity of Georgia’s election process.
In a joint statement, Perdue and Loeffler requested the resignation of Raffensperger, citing “the management of Georgia’s elections has become an embarrassment for our state” and failure to deliver honest elections.
However, the statement lists zero evidence of voter fraud or specific examples of the Secretary of State’s election failures. The Georgia Republicans and Senators are both in separate January 5, 2021 runoffs. Perdue is facing Democrat challenger Jon Ossoff. Loeffler is in contention against Democrat Raphael Warnock.
The statement goes on to address that every legal vote should be counted and for transparency in the county process.
“We believe where there are failures, they need to be called out – even when it’s in your own party. There have been too many failures in Georgia elections this year and the most recent election shined a national light on the problems.”
The complete statement from Georgia Republicans and Senators Perdue and Loeffler.
Raffensperger’s Response
In a rebuttal statement, Raffensperger asserts that he has no intention of resigning, “the voters of Georgia hired me, and the voters will be the one to fire me.”
Georgia Secretary of State Brad Raffensperger (R)
The Secretary of State lists the facts pertaining to the November 3 election and the days following. Almost five million Georgians cast ballots in this election. 75 percent voted in person, and 25 percent voted no-excuse absentee ballot. The no-excuse absentee law was passed by a Republican legislature with support from Speaker David Ralston and signed by then-Governor Sonny Perdue.
Senator Perdue received more votes from Georgians than President Trump, and the president garnered the most votes ever for the Republican presidential candidate in Georgia.
The Secretary of State’s office is and will be investigating any “specific allegations of illegal voting.” It also has a monitor in Fulton County, “one of the longtime problem Democrat-run counties.”
“I care about counting each and every legal vote… and assuring that illegal votes won’t be counted,” Raffensperger added.
He agrees that illegal voting probably occurred in Georgia, but not to the extent, or margin necessary, to change the presidential race outcome.
Concerning the lack of transparency charge, he directed attention to the daily, sometimes twice daily, press conferences and hourly number updates.
Raffensperger alludes to problems with federal law when it comes to maintaining “clean voter rolls.”
“Federal law, not state law, is what allows people to register to vote before a runoff even if they weren’t registered in for the general election. Now that Senators Perdue and Loeffler are concerned about elections, hopefully, they can fix these federal laws.”
Secretary of State ends with a promise to do his duty as an elected official and is concerned about Republicans maintaining the U.S. Senate. He suggests that Perdue and Loeffler “focus on that.”
Statement from Secretary of State Brad Raffensperger pic.twitter.com/Sf1JIWH5qg
— GA Secretary of State Brad Raffensperger (@GaSecofState) November 9, 2020
What’s the deal with Senator Loeffler’s stock trades?
News, Opinion October 29, 2020
Loeffler just keeps getting away with improper transactions. This is just one of them. And she knows that very few people can follow her trails.
Loeffler says she was ‘cleared’ by the SEC for her stock trades she made after a Senate briefing on Covid-19 back in January. What she doesn’t tell you is, she wasn’t actually ‘cleared.’ The SEC did not find sufficient evidence to move forward with the investigation of the stock sales through her brokerage accounts. But the real smoking gun here is what the SEC didn’t address; the sales of stock in INTERCONTINENTAL EXCHANGE (ICE), the company she is a majority shareholder with her husband. ICE owns the New York Stock Exchange along with 13 commodity exchanges where the futures are traded every day on all the commodities we use from food to lumber to cryptocurrency and OIL.
You see, immediately after that briefing on January 27, 2020, Loeffler basically walked out of the meeting and filed a Form 10b5-1 with the SEC. This form is a requirement the requires majority stockholders in a company to file a notice of intent to sell when a majority shareholder has ACCESS TO MATERIAL NON-PUBLIC INFORMATION. This is supposed to be protection for the public.
Loeffler and her husband, Jeffrey Sprecher, then proceeded to sell $15 to $18 MILLION in stock on the first day they could, February 26, 2020, exactly 30 days after the Senate briefing on Covid-19. This is not a coincidence. This was a deliberage act. The SEC only reviewed her stock sales that were made in her brokerage accounts that she claims are managed by a third party. She could have easily called her broker and told him to sell and/or buy certain stocks.
But KELLY LOEFFLER and ONLY LOEFFLER could file that form 10b5-1 and make the decision to sell ICE stock. There was no “third party” to blame the transactions on.
So, after receiving MATERIAL NON-PUBLIC information gleaned from a Senate briefing, she sold millions to further feather her nest. No wonder she has so much more money than her opponents to run for this Senate seat.
Collins: “I enjoy waking up to the sound of freedom”
Election 2020, Featured, Featured Stories, News October 26, 2020
Doug Collins, a contender for U.S. Senate in a field of 20, stopped in Jasper to talk to crowds and engage “in the sounds of freedom” at the Appalachian Gun, Pawn and Range. After voicing his support for the Second Amendment, farmers, and pro-life, the representative took time to try out the indoor range, even helping Simona Mangiante, wife of political insider, George Papadopulous, on her maiden shooting experience.
Photo by Susan Kirkland
Ralph Fitts and Rep. Rick Jasperse talk to a crowd at Fitt’s Appalachian Gun, Pawn, and Range.
About 125 people turned out at Appalachian Gun, Pawn and Range to hear Senate candidate Doug Collins speak. Collins, who currently serves as Georgia’s 9th District representative is one of 20 on the ballot for the Special Election to fill Sen. Johnny Isakson, who stepped down due to health. Kelly Loeffler was appointed by Governor Brian Kemp to fill the term until the special election.
NEW EARLY VOTING LOCATION
Collins said he doesn’t begrudge Kemp for choosing Loeffler, but he with the election coming, it’s anyone’s game.
“Donald Trump wanted (me). Kemp had the right to make his choice and he made it. but he only gets one vote, the State of Georgia is going to get the vote now,” Collins said.
2nd Amendment
Collins told the audience that they can believe he would defend their second amendment rights, something the Loeffler campaign has accused him of being against. He reminded the audience in AGP that he was the son of a trooper. “I learned to shot a gun before I learned to ride a bike,” he said.
Pro-life
“I received a mailer from the Loeffler campaign,” Rep. Rick Jasperse said. “On the back side, it accused Collins of not being pro-life. I’m calling b-s.”
Jasperse went on to tell the audience that Collins was the number two signer of the H.R. 784, the Pain-Capable Unborn Child Protection Act.
WATCH COLLINS SPEAK AT AGP
Collins himself pointed out that he and his wife “shut the doctors down” when they suggested aborting their third child after tests revealed she had spina bifida.
On the stump
George Papadopouls, a former Trump advisor, gave Collins his endorsement.
“It’s amazing to be down here in God’s country,” said Papadopouls, who served time in federal prison for making false statements to investigators during to the now debunked Russia collusion scandal. “We are in a war, we need a fighter. This isn’t a normal time in our country. The democrats want to take your country, your liberty,. They are communist. I like to be on the offense. I want someone who will fight for the Constitution. We’re going to keep this country great. We want the Nadars and Pelosis and even Hillary Clinton thrown in the dust bin of history.”
On the local level, Ralph and Kim Fritts, owners of AGP, supported Collins.
WATCH GEORGE PAPADOPOULS'S COMMENTS ON BIDEN SCANDAL
“If we don’t have people who don’t think like us, we’re in trouble. It’s concerning what could happen,” said Ralph Fitts.
Collins ended his visit by checking out the indoor firing range, taking time not just to look, but to try it out.
“I love waking up in the mornings to the sound of freedom,” he laughed.
Collins comes to Blue Ridge to set the record straight
Election 2020, Featured, Featured Stories, News, Politics October 22, 2020
Blue Ridge, Ga. – Congressman Doug Collins stopped in Blue Ridge on his campaign tour in the race for U.S. Senate. With him were special guests Georgia State Speaker of the House David Ralston and former member of the foreign policy advisory panel to Donald Trump, George Papadopoulos.
Collins spoke briefly on his record as U.S. Congressman, highlighting his conservative values and his reputation for representing the people of the 9th District.
Collins has stood up to multiple government agencies and individuals during his career, most notably holding the FBI (Federal Bureau of Investigation) and James Comey accountable.
Collins was also a visible ally to President Donald Trump during the U.S. House of Representatives Impeachment Hearings.
Now, Collins wants to take this same momentum and move it to the U.S. Senate.
Georgia State Speaker of the House David Ralston and Congressman Doug Collins in Blue Ridge.
With the U.S. Senate seat open to a Jungle Primary on the Nov. 3 ballot, Collins wants to set the record straight on what is and isn’t true about himself and his biggest Republican rival, Senator Kelly Loeffler.
According to Collins, Loeffler’s attacks on him are unfounded and in many cases an attempt at deflection about her true nature and intent.
Collins specifically sited Loeffler’s pro-life stance that seems to not have been her view a mere two years ago when she worked with Planned Parenthood to have a booth set up at a basketball game where monies raised would be split with the organization.
“I am the one who is actually concerned about life,” Collins said pointing to decisions his family has made in their personal life that reflect these values.
Loeffler also made claims that Collins was not Pro-Second Amendment and that as a lawyer Collins represented criminals.
Collins assured the crowd, having grown up the son of a trooper neither of these claims could be further from the truth.
“She doesn’t want you to know that she worked with Michael Bloomberg,” Collins said of Loeffler’s Second Amendment claims and her own personal work on a gun control agenda.
In his career as a lawyer, Collins took indigent clients, none of which were pictured in Loeffler’s ad. Collins stated, “Doug Collins defender of criminals? No, Doug Collins did his constitutional duty taking indigent clients.”
Loeffeler has also released ads containing a picture of Collins with former Georgia House Representative Stacey Abrams.
Abrams made waves as the Democratic nominee for Georgia Governor in 2018, known for her liberal stances.
George Papadopoulos gives his endorsement of Collins for Senate.
Collins explained the photo, “This was after we saved the HOPE scholarship. Stacey joined us on a conservative idea and voted for it because she understood that people needed that money.”
According to Collins, Loeffler actually employed Abrams as an attorney for a basketball team and in 2018 Loeffler honored Abrams as a woman of distinction while “Abrams for Governor” signs were in the background of the photo-op.
Lastly, Collins pointed out that Loeffler makes her decisions based on her own self-interest and money.
“She claims to be tough on China,” Collins said and added, “Take the ten state owned companies that are listed on the New York Stock Exchange, owned by the Chinese Communist Party, and delist them.”
Jeffrey Sprecher, Leoffler’s husband, is the founder, chairman, and CEO of Intercontinental Exchange, and the chairman of the New York Stock Exchange.
Collins said of his suggestion to delist the Chinese companies, that it will never happen because Loeffler will choose her pocketbook and their pocketbook over policy everyday.
“I may not have $35 million, but I’ve got all I need because I’ve got you and I’ve got the voters of Georgia and they understand who the real conservative is in this race,” Collins said referencing the amount the Loeffler has spent on her Senate campaign, “Georgia can’t be bought.”
Author
Senator Loeffler hosts meet and greet
Community, Election 2020, Featured, Featured News October 2, 2020
On Oct. 2, Georgia Senator Kelly Loeffler and Tennessee Senator Marsha Blackburn hosted a meet and greet at Black Diamond Grill. Both Senators were behind schedule – planned to start at noon – due to getting tested for COVID-19 prior to their arrival.
Both. Loeffler and Blackburn had been in contact with President Trump in recent days. Both senators’ tests came back as negative. Loeffler’s goal for her campaign and the upcoming election is to shake up the status quo as a businesswoman.
Blackburn –who introduced Loeffler – said since Trump has been in office, the economy has grown as well as the strength of the country. It will continue to grow with the leadership of figures like Trump and Loeffler, according to Blackburn.
“This country is coming back because with Donald Trump and Republican leadership, we can do this again and we will,” Blackburn said.
Loeffler said Washington is in need of more businesspeople like herself and Trump. Her fight for the Georgian’s will not stop, according to Loeffler.
“There’s nothing that the radical left fears more than a strong, conservative businesswoman, so I am proud to stand by you,” Loeffler said. “The radical left is working overtime to take away our freedoms, our opportunities, our way of life here in Georgia. They’re trying to get outsiders, like myself, like President Trump out of Washington but we’re not going to let them.”
Loeffler’s campaign is based on the American Dream and to continue to fight for it. Loeffler has focused on her core values of pro-life, pro-second amendment and holding China accountable.
“I have stood up to the radical left’s cancel culture and I’ve drawn the line and said we will not be canceled; we will not be silenced. I’m going to be that voice for every single Georgian who feels like they can’t speak out,” Loeffler said. “I am working for you…for all Georgian’s.”
Congressman Ferguson endorses Doug Collins for Senate
Featured, Politics April 13, 2020
WEST POINT, GA – Congressman Drew Ferguson (R-GA) today became the first member of Georgia’s congressional delegation to endorse a candidate in the race to fill the seat formerly held by Senator Johnny Isakson.
Ferguson, who represents Georgia’s 3rd Congressional district, also serves as Chief Deputy Whip on the House GOP leadership team.
In a statement, Ferguson said:
“When Nancy Pelosi, Adam Schiff and their crazy entourage went after the President, we didn’t have to wonder where Doug Collins stood. He was on the front lines as the President’s number one defender in the entire country. He did the President and the country a great service and his arguments carried the day.
We knew with absolute certainty where Doug stood from day one and we know with the same certainty where he will stand in the future. That certainty is critical in these challenging times.
Doug is a proven leader — a steady hand in tough times. He knows what it takes to lead. Right now, we have lives and businesses and an economy to save and we don’t need anything to take our focus off of that mission.
Georgia Republicans need to unify behind Doug and leave the distractions and uncertainty of other candidates in the rearview mirror.
Doug Collins is my friend and he’s done a great job for Georgia in Congress. He will be an outstanding Senator and he has my full support in his campaign.”
“It means more to me than I can express that Drew is standing by my side in this campaign,” Collins said. “He is an indispensable leader in the fight for the President’s agenda, a tireless champion for his district and a very good friend. I am honored and humbled by his support. Drew’s rapid rise to a leadership position came due to his smarts, hard work and ability to serve as an honest broker between all the disparate views held in the House Chamber. I will lean on his wisdom during this campaign as I do in Washington.”
Are there any coincidences in the Stock Market? Was Senator Kelly Loeffler just Lucky??
Featured, Featured Stories March 27, 2020
Are there really any coincidences in the Stock Market? The junior Senator from Georgia, Kelly Loeffler, would have you believe that, but what do you think? Not only are there overwhelming examples of “coincidences” with her recent stock trades, but how in the world did the Junior Senator from Georgia immediately get assigned to such powerful committees with oversight of the very industries that made her the wealthiest member of Congress.
Kelly Loeffler was sworn into office on January 6, 2020 Jr. Senator of Georgia
She was just sworn in on January 6, 2020. She wasn’t elected by the people but was appointed by Governor Brian Kemp to fill the remainder of Johnny Isakson’s term. Yet somehow Kelly Loeffler got assigned to the Committee on Agriculture, Nutrition and Forestry. This committee oversees the functions of the very company, Intercontinental Exchange, that made her and her husband wealthy. One of the subcommittees is Commodities, Risk Management and Trade. How coincidental. She is also on the Committee on Health, Education, Labor & Pensions, the Committtee on Veterans’ Affairs AND how about the Joint Economic Committee?
Chairman of the Senate Intelligence Committee Richard Burr sold up to $1.5 million in stocks in early February. From Sam Stein Tweet, Burr and Loeffler sat next to each other throughout the impeachment hearings, which occurred as they both started dumping stocks at the same time as the coronavirus hearing
So right out of the box Senator Loeffler has had access to and been privy to lots of information that affects the very foundation of our financial markets. Then, on January 24, 2020, Kelly Loeffler and several other Senators received a closed-door confidential briefing by the White House Administration on the current state of the CoronaVirus19 outbreak and its severity. Not only did Senator Loeffler somehow get to attend this closed-door meeting after only 2 weeks in office, but obviously she knew exactly what to do with the information.
Is this not a direct violation of the Public Trust? Is that not why the Stock Act of 2012 was passed, specifically to prohibit insider trading by federal lawmakers OR their spouses on information obtained in private and closed-door meetings OR to trade on any information NOT READILY AVAILABLE TO THE PUBLIC?
Right after that meeting, Octavia Spencer, the attorney for Jeffrey Sprecher, Kelly Loeffler’s husband and the owner of Intercontinental Exchange (ICE) filed a 10b5-1 document with the Security & Exchange Commission. This document is basically an organized plan for future sales of stock required by the SEC when majority stockholders or principals of the company have access to Material Non-Public Information (“MNPI”). Kelly Loeffler clearly had access to and received Material Non-Public Information. And since her husband owns ICE, which owns the New
They reside in Tuxedo Park, Atlanta, in a $10.5 million, 15,000-square-foot. Kelly Loeffler is the wealthiest member of congress.
York Stock Exchange and at least 12 commodity exchanges and 100% of Continental Power Exchange, they are both very familiar with the legal requirements of the SEC. No sales can take place for 30 days after the filing of this document.
So, on either Friday, January 24th or Monday morning January 27th, the attorney for Kelly Loeffler and her husband filed this 10b5-1, the Notice of Intent to Sell. Then exactly 30 days later, on February 26th Kelly and her husband began selling stock. Sprecher sold 24,752 shares or $2,295,000 worth. Kelly Loeffler sold 17,693 shares for $1,632,886. The sales were at approximately $92.72 per share.
Was it a coincidence Kelly and her husband filed the 10b5-1 immediately after the White House briefing? Could be? But highly unlikely. On February 26th the world was just learning about the CoVid19 outbreak in China. On January 24th, the market was at approximately 28,989. On February 20, the market was at 29,220. So the public still didn’t know they should be worried and start taking some of their profits off the table. The economy was still soaring because we didn’t know what Kelly and her husband now knew. On February 26th the first day they could sell, Kelly Loeffler and her husband the Owner of the NYSE, began selling under their 10b5-1. A stroke of luck or genius? Or just a coincidence? But they had only just begun.
Then on March 10th possibly to help bolster the market in advance of selling hundreds of thousands of additional shares, and after several additional closed-door White House briefings that now even included the NIH director and the head of the CDC, Kelly Loeffler produced a video saying she was confident “that the Nation will have all the medical testing we need” and everything was under control. After going public to assuage any fears the common investor might have, the market closed at 25,018. The very next day, again, what foresight, Jeffrey and Kelly made the following sales of ICE stock. All of these transactions were on March 11th.
Jeffrey Craig Sprecher is an American businessman, and the founder, chairman, and CEO of Intercontinental Exchange, and chairman of the New York Stock Exchange.
23,854 shares at 87.65 – These shares were owned by Continental Power Exchange (CPEX) which is 100% Owned by Jeffrey Sprecher
19,700 shares at 87.88 – owned by Kelly Loeffler
1,321 shares at 89.12 – owned by CPEX
37,024 shares at 86.59 – owned by CPEX
35,486 shares at 86.48 owned by Kelly Loeffler (notice price keeps dropping as they are dumping)
27,448 shares at 88.60 – owned by CPEX
11,914 shares at 88.74 – owned by Kelly Loeffler
10,353 shares at 86.30 owned by CPEX
7,900 shares at 85.51 – owned by Kelly Loeffler
The market closed March 11th around 23,552. The next day the market opened at 23,552 and immediately was halted for 15 minutes and then dropped 2100 points. It closed at 21,200. What a coincidence. How did Kelly Loeffler know to sell over $15 million dollars of stock in their own company THE DAY BEFORE while the rest of the country was being told everything is OK.
Kelly Loeffler has clearly violated the Public Trust and should immediately resign. Governor Kemp is inundated with trying to keep the State afloat at the moment, but certainly he will ask for her resignation when he realizes what she has done on her own behalf.
Did Brian Kemp and Kelly Loeffler have a deal for the Senate seat?