A new Salon report highlights unelected Senator and “political mega-donor” Kelly Loeffler’s latest example of blatant political hypocrisy in Washington. Loeffler’s newfound public posturing against big technology corporations is “at odds” with her long history of investing heavily in the sector, her recent position as CEO of a cryptocurrency joint venture with Microsoft, and the tens of thousands of dollars in campaign cash she has received from tech firms over the past year that she’s been in Washington.
Loeffler herself has “invested heavily” in big tech companies, holding “up to $10 million in tech stocks, including at least hundreds of thousands, and possibly millions…in Facebook, Apple, Amazon and Alphabet, the parent company of Google.” Loeffler also “still appears to hold stakes” in tech startup companies and has reported receiving thousands of dollars in campaign cash from tech firms, despite public promises “that she does not take money from big tech.”
Loeffler’s recent talking points on the issue are a “play” to Trump’s base as the outgoing president is threatening to veto the National Defense Authorization Act if Congress doesn’t include an unrelated provision “to strip internet platforms of a special legal shield.” The House has already voted in defiance of Trump by an overwhelming margin with broad bipartisan support, and now the Republican-controlled Senate must decide whether to “side with the military” or “give Trump the votes he needs.” Loeffler’s apparent decision to align with Trump on the issue threatens funding for a Georgia military base.
“Once again, Senator Loeffler has been exposed as a fraud who’s only convictions are whatever is politically expedient for herself and her own campaign,” said DSCC spokesperson Shea Necheles. “What’s clear is that Kelly is for Kelly and will do or say anything to get elected, even when it comes at the expense of hardworking Georgians.”
IN CASE YOU MISSED IT
Salon: Loeffler sides with Trump against “Big Tech” — after building a massive fortune in the industry
By Roger Sollenberger
December 11, 2020
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