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DSCC FRIDAY TAKEAWAYS, GA RUNOFF EDITION: PERDUE’S STOCK TRADING SCANDAL ESCALATES—LOEFFLER BECOMES A LIABILITY—CIVIL WAR THREATENS TO TEAR APART GOP

PERDUE UNDER FIRE FOR SHADY SELF-DEALING. It was a brutal week for Senator David Perdue, who faces continued scrutiny over his extensive record of suspiciously timed stock trades. A fresh wave of reporting dove further into the ultra-wealthy corporate insider’s “numerous well-timed trades” and raised even more questions about Perdue’s conflicts of interests and the potential for insider trading while exposing Perdue’s lies about his control over his stock portfolio. Catch up on all the latest devastating news reports on Perdue’s portfolio:

REALITY CHECK: PERDUE CAN’T CLAIM TO BE “TOTALLY EXONERATED.” A new Daily Beast report debunks Senator David Perdue’s misleading attempts to defend his well-timed stock trades in TV ads released this week. Perdue claims he was “totally exonerated” by the Department of Justice and Securities and Exchange Commission… but “neither agency has that power.” The Daily Beast: Perdue Says the SEC ‘Totally Exonerated’ Him, a Thing the SEC Cannot Legally Do

LOEFFLER’S PANDEMIC PROFITEERING CONTINUES: WHILE LOEFFLER WAS OPPOSING COVID AID, HER FIRM WAS PROFITING OFF THE PANDEMIC. Unelected Senator Kelly Loeffler’s personal scandals continued this week — new Mother Jones reporting revealed that as the political mega-donor opposed urgently needed coronavirus relief, her husband’s firm Intercontinental Exchange (where she still holds “between $5 million and $25 million in stock”) was profiting. While Loeffler has “done little to address the housing and economic crises triggered by the coronavirus,” ICE took advantage of that effect on the housing market to advance their own financial goals. Now, “Loeffler stands to gain if the company succeeds in exploiting pandemic conditions to expand its hold on the digital mortgage business.” Mother Jones: While Kelly Loeffler Opposed New COVID Aid, Her Husband’s Firm Sought to Profit Off the Pandemic

  • DID LOEFFLER “INSTRUCT” HER ADVISORS ON TRADING LIKE PERDUE DID? After the New York Times reported that Senator Perdue “instructed” his wealth manager to execute specific stock trades despite months of insisting otherwise, Kelly Loeffler must prove that she has not similarly “instructed” third-party advisers to make trades on her behalf, something she’s refused to do since news first broke of her stock trading scandals.

PERDUE & LOEFFLER DEFINED BY PATTERN OF “NAKED CORRUPTION.” A series of reports this week highlighted how a pattern of “naked corruption” has come to define the case against Senators Perdue and Loeffler. The two ultra-rich corporate insiders are facing increasing criticism and scrutiny as “a raft of new stories from various outlets has created a cascading effect of information” about their “controversial” stock trading and how they have abused their offices to increase their “already substantial wealth” during this pandemic.

PERDUE & LOEFFLER STAND WITH MCCONNELL AS COVID RELIEF PROGRAMS SET TO EXPIRE. Millions of Americans are “vulnerable to eviction and hunger” with critical relief programs set to expire this month, but Senators David Perdue and Kelly Loeffler continue to stand with Majority Leader McConnell as he proposes yet another stunt bill that shortchanges hardworking Americans while prioritizing corporate immunity for Republicans’ special interest donors seeking to put workers and consumers at risk. Since much of the federal emergency unemployment aid expired in July, Perdue and Loeffler, have refused to negotiate on a serious effort that can pass Congress and repeatedly stood against extending emergency relief that so many Georgians have relied on to meet basic needs, turning their backs on those who desperately need help and doing the bidding of their corporate donors in Washington. 

UGLY CIVIL WAR THREATENS TO TEAR GEORGIA GOP APART. It keeps getting messier for Republicans in Georgia as an increasingly ugly intraparty battle is causing major headaches and anxiety at a time when the GOP can least afford it: ahead of two highly competitive Senate runoffs. Republicans’ “worst nightmare” came true this week when former Trump lawyer Sidney Powell promoted false conspiracy theories about voting fraud and told Georgia Republicans not to vote in the runoffs. Senators Perdue and Loeffler spent weeks promoting the same unhinged conspiracy theories and were finally called out by a top GOP elections official, but they still refused to apologize for amplifying the baseless theories that have sparked threats against state and local election workers. Now, Republicans are increasingly anxious that President Trump will continue to stoke discord within the party during a visit to the state this weekend. Trump has refused to accept his loss in Georgia, openly attacked Republican Governor Brian Kemp, “privately complained about Loeffler,” and gotten “annoyed with Perdue.”

“NO PROOF” LOEFFLER’S SHAM PLAN PROTECTS PRE-EXISTING CONDITIONS COVERAGE. Unelected Senator Kelly Loeffler’s sham health care plan continues to get shot down by independent fact checkers. PolitiFact ruled Loeffler’s claim that her health care plan would protect people with pre-existing conditions as “False” and policy experts once again blasted her “thinly detailed plan” for failing to live up to its promises. Health policy analysts shredded Loeffler’s plan as “short on details and substance, and long on political posturing,” and “like giving a family one bag of sand to protect their home as a hurricane rushes in.” A new fact check today from the Atlanta Journal-Constitution highlighted Loeffler’s continued support of the Trump administration’s attempts to rip health care away from Georgians and says “there are no details or specifics offered to support her claim that she would protect pre-existing conditions.” The reality is Loeffler’s plan would make affordable insurance less accessible and force those with pre-existing conditions onto plans offering “very limited and very expensive coverage.”

LOEFFLER & HER ALLIES CAN’T STOP LOSING FACT CHECKS. Unelected Senator Kelly Loeffler and her allies have lost four fact checks this week alone for false attacks against Reverend Warnock. It couldn’t be clearer that Loeffler’s lies are a desperate attempt to distract from her own toxic record:

  • PolitiFact: Loeffler’s attack ad rated “Mostly False” because it “ignores critical facts”
  • Washington Post: “Three Pinocchios” for Loeffler’s “bogus claim”
  • 11Alive: Republican attack video “lacks context”
  • Atlanta Journal-Constitution: Warnock has “consistently” said in “no uncertain terms” he does not support defunding the police

MUST-READ AJC COLUMN: GOP ATTACK ON EBENEZER “CROSSES A LINE.” Atlanta Journal-Constitution columnist Jim Galloway set the record straight on Senator Kelly Loeffler and her allies’ attacks against Reverend Warnock and the historic church where he serves as Senior Pastor, calling them “highly selective” and “disturbing.” AJC: Opinion: The Kelly Loeffler, Raphael Warnock runoff crosses a line

LOEFFLER’S A LIABILITY AS HER ATTACKS “RISK SUBURBAN VOTES.” A year after being appointed to the Senate, Senator Kelly Loeffler continues to be a liability for Republicans. After stock trade scandals, intra-party brawls and many attempts to distract from her own record, Reuters reports that Loeffler’s latest false attacks on Reverend Raphael Warnock are alienating her from the suburban base she was supposed to win back. One voter in Marietta told Reuters, “This is just getting ugly for no reason.” As Loeffler continues her desperate attempts to distract from her own abysmal record, it is clear that key voters are taking notice of her consistent lies. Reuters: Trump loyalist Loeffler’s attacks on pastor Warnock risk suburban votes in Georgia’s U.S. Senate race

DEMS ANNOUNCE GEORGIA COORDINATED CAMPAIGN LEADERSHIP TEAM. Earlier this week, the DSCC along with the Warnock and Ossoff campaigns and the Democratic Party of Georgia announced the leadership team that will direct the multimillion dollar runoff coordinated campaign and outlined some of the key voter targeting and outreach programs already underway. The team of experienced operatives are ready to help the robust coordinated program put together by both campaigns and the DSCC to target and reach voters ahead of the January 5th runoff elections. Read more about the new team here.

GEORGIA AD WATCH

  • Reverend Raphael Warnock released a new ad this week, talking about how he’s running for Senate to make sure no neighbor gets left behind in Georgia after our leaders go to Washington. Watch.
  • Jon Ossoff released two new ads this week: the first highlights the effects of Senator David Perdue’s mishandling of the pandemic on a family-owned small business in Georgia. Watch. The second contrasts Perdue’s failure to deliver relief for Georgians as he leveraged his office to profit from the pandemic with Ossoff’s plans to empower medical experts to beat COVID-19 and jumpstart economic recovery. Watch.

WHAT GEORGIANS ARE READING

TWEET OF THE WEEK

Lauren Passalacqua
@laurenvpass

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@stew_boss

Helen Kalla
@helen_kalla

Shea Necheles
@sheanecheles

Regina Anderson
@reginasopinion

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