Showing posts with label Kelly Loeffler. Show all posts
Showing posts with label Kelly Loeffler. Show all posts

Monday, January 4, 2021

Power Plays and Loose Ends

The past week showed how the great civilizations of Europe have long since gotten their acts together after three thousand years of history and how America is neither great nor civilized.  While Great Britain and the European Union have successfully finalized their separation, the United States Congress has torn itself asunder for no good reason other than for political power plays.  Trump was  pushing for more COVID stimulus money, something Democrats want (for which I give him credit) and he also pushed for a repeal of the regulation that protects Internet platforms - platforms like Twitter - from lawsuits against what their users - uses like Trump - post, along with a call for a voter-fraud investigation, neither of which Democrats want (which instantly cancels out that credit).  Senate Republican leader Mitch McConnell (below) proceeded to put all of that into one bill, knowing that the Democrats wouldn't vote for it (and thus the stimulus money wouldn't pass, McConnell's preferred outcome) and knowing also that Democrats would go on record as having opposed more money for Americans in desperate need.  Democrats immediately called this out, letting McConnell and their constituents know that they would not be played, and Vermont senator Bernie Sanders demanded (forcefully, but unsuccessfully) that the extra COVID stimulus money be voted on separately.  And after all that, the old Congress expired, as did the COVID extra-stimulus legislation. 


And meanwhile, the COVID vaccinations are going so slowly in the U.S. that we may be dealing with the bug for the rest of the decade - and it's only 2021.

McConnell also did this to allow Georgia's two Republican senators, David Perdue (currently in quarantine after being exposed to someone with COVID) and Kelly Loeffler, to vote for the extra money and thus improve their standing with voters in the Georgia U.S. Senate runoff elections being held tomorrow, but their respective Democratic opponents, Jon Ossoff and Raphael Warnock, have been vehement in calling out their duplicity, and they've been persistent in pushing the issue of fairness and decency at a time when Republican power plays are anything but that.  Heck, they might just pull it off and win tomorrow, giving the Democrats the Senate! 

It'll take awhile to count the votes in Georgia, though, and even if Ossoff and Warnock win, we can expect policies in 2021 to be a messy affair in which loose ends are left untied or tied very sloppily in the 117th Congress.

Monday, November 23, 2020

Georgia Rhythm - The Sequel

Georgia has not one, but two U.S. Senate runoff elections scheduled for January 5, the first Tuesday of the new year.  And what's going on now in the Peach State could affect the election later.

Democrats Raphael Warnock (left) and Jon Ossoff are respectively challenging Republican incumbents Kelly Loeffler and David Perdue, the former matchup being a special election to determine who completes a term that expires in January 2023.  Despite the numerous and numerously valid charges of corruption against the Republican senators, they are both favored to win at this point because Georgia is just such a Republican state and because Democrats don't normally vote in off-elections.  And here's the thing.  The Republicans just need one of these seats to win control of the Senate in the 119th Congress; the Democrats have to win them both.
But there's more.  Although Georgia has certified its results for the presidential election and given its 16 electoral votes to Joe Biden, Donald Trump's lawyers promising a lawsuit of "biblical proportions" that they say will "blow up" the state, a suit expected to implicate Republican Governor Brian Kemp and Republican Secretary of State Brad Raffensperger as part of a plot with a voting machine company to commit major fraud. This could affect the runoff election in two ways.  (The Trump campaign has already requested a third vote count in Georgia in an effort to overturn the result.)  On the one hand, this move could embolden already angry Georgia Republicans to turn out and put Senators Loeffler and Perdue back in their seats.  On the other hand, it could tear up the Republican Party in Georgia and allow Democrats to help Warnock and Ossoff win the elections, as many Republican voters would be turned off by the Trump team's antics and many of them wouldn't even bother to vote.

Either way, this blog endorses both Raphael Warnock and Jon Ossoff, for all the obvious reasons.

Sunday, March 29, 2020

Inside Information

I can't keep up with all of this coronavirus news.  I want to write about everything else going on the world, but there's nothing else going on in the world.
I'm a little late in commenting on this, and I can't add much to it, but here it is: As you already know, U.S. Senator Richard Burr (R-NC), chairman of the Senate Intelligence Committee, privately warned attended of a luncheon in North Carolina about a month ago that the coronavirus outbreak was going to hit America and hit it hard, calling it "probably more akin to the 1918 pandemic," and then proceeded to sell stocks before the market tanked.  Where did he get this information and why didn't he tell anyone else?
Because Burr (above) shared information in private rather than keep it to himself, he doesn't believe that he violated any insider-trading laws, but just to make sure he didn't, he's asked the Senate Ethics Committee to investigate him.  Wow, what integrity.  No one is buying this.  Consider this reaction from a leading pundit: "He [Burr] must resign from the Senate and face prosecution for insider trading . . ..  He had inside information about what could happen to our country, which is now happening, but he didn't warn the public . . ..  Instead, what did he do? He dumped his shares in hotel stocks so he wouldn’t lose money."  The pundit's name? Tucker Carlson.
You know you screw up badly when you are a Republican and you tick off Tucker Carlson.
Equally appalling is the situation of appointed Republican U.S. Senator Kelly Loeffler of Georgia, who also sold stocks before COVID-19 eighty-sixed the Dow and who is - MAXIMUM BIG SURPRISE! - married to Jeffrey Srpecher, the chairman of the New York Stock Exchange! Burr sold only (only?) $628,000 to $1.72 million in stocks, but  Loeffler sold between $1,275,000 and $3,100,000 in stock.  Forbes magazine's Jack Brewster (who, by the way, wrote a very good opinion piece about Joe Biden's stutter for Newsweek) reported that both Burr and Loeffler were downplaying the coronavirus crisis even as they were unloading their portfolios. 
While Burr and Loeffler sold their stocks directly, two other senators had their stock sold by third parties before the market tanked, one Democrat, Dianne Feinstein of California and one Republican, James Inhofe of Oklahoma.  I'm willing to give both of them the benefit of the doubt because of their different situation - even the insufferable Inhofe, who was one of the eight senators who voted against an earlier coronavirus relief bill.  But Burr ought to take Tucker Carlson's advice, and Loeffler, running in a special election to complete the remainder of former Senator Johnny Isakson's term, should not be given the opportunity to do so.