One of her top priorities (& her husband's) is to dismantle the Dodd Frank Act. The very act put in place to keep 2008 from happening again. Yet, Criminal-Kelly defrauded the whole country at our lowest point... for greed.

She did it again with COVID.
It's who she is.
Sen. Kelly Loeffler helped establish & market that tax dodge and give the banks a new lease on derivatives trading. In 2009, Loeffler was the top communications and marketing officer at ICE, and had been married to the company's founder & CEO, Jeffrey Sprecher, for several years.
They bought a $10.5 million mansion that year.
Sprecher is the chair of the New York Stock Exchange, of which ICE is the parent company. The couple is worth between $800 million and $1 billion, per Forbes
Though ICE pushes back against the notion that its clearinghouse allows companies to avoid U.S. taxation, the new disclosure of its use of Ugland House — for years pilloried & parodied as one of the most egregious examples of an offshore tax dodge in the world —
sharpens questions about the company's true intent.

It also raises questions about the activities of Sprecher and Loeffler, at a time when Americans were reeling amid generational global economic turmoil.
In 2008, high-risk derivatives trading wrecked the global financial system. The complex financial instruments to blame included credit default swaps (CDS), in which lenders essentially sell someone else the risk that a borrower will default on their loan.
CDS trades grew so popular and so widespread that when banks began to fail, it set off a brutal chain reaction around the world.

Just a few months after markets crashed that September, ICE, under Sprecher's leadership, set up an offshore CDS clearinghouse for the largest banks..
in the U.S., as well as foreign banks such as 👉Deutsche Bank, UBS and Credit Suisse. The idea was to add a layer of protection to the trades.
--the United States taxes income earned overseas — at a rate of 35%.

If that money gets reinvested abroad, however, the tax is deferred. In other words, if American companies put profits from their foreign subsidiaries in offshore holding companies, they can access it tax-free.
In 2014, the Joint Committee on Taxation projected the revenue loss from those deferrals @ $83.5 billion, & the nonpartisan Economic Policy Institute estimated in 2017 that deferred taxes on offshore profits will cost the U.S. $1.3 trillion over the next decade, or ~$126 bill/yr.
You tell me how in the hell this woman could ever be fit for a seat in our United States Senate when she has worked fervently against the interests of the US government, the US economy and the millions of Americans who are downwardly affected from those abuses.
Former President Barack Obama remarked of Ugland House in 2008, "Either this is the largest building in the world or the largest tax scam in the world."

Loeffler's forebears in the Senate — Democratic and Republican alike — went after Ugland House by name.
Sprecher created a system that rewarded the people whose recklessness had destroyed the economy only months earlier. 👉He found a way to give new life to their CDS trades, 👉which had cost millions of Americans their wealth, homes and livelihood. 👈
And @SenatorLoeffler, his wife and ICE's top marketing officer, helped package and sell the product.
It's not just the COVID insider trading, she's working all angles:

More recently, Loeffler and Sprecher appear to have tapped another tax loophole for themselves, in the form of a provision in President Trump's 2017 tax bill that turns private jets into flying tax shelters.
In June 2009, the couple purchased their $10.5 million Atlanta mansion. They call it "Descante" — relax.

Loeffler's campaign did not reply to multiple detailed requests for comment for this article. An ICE spokesperson did not provide comment.
She cannot relate to 99% of the people she would represent. Georgia deserves better than @KLoeffler
We haven't even talked about BAKKT yet.
Her ethical conflicts on top of her criminal grift makes it AMAZING that her name is even on the ballot. But, our equally grifting @GovKemp arranged it for her.

We took our power back in November,
As long as Loeffler and her husband hold on to their stock, there are no easy solutions—even recusal can cause complications for a legislator.…
“If she recuses because of a conflict of interest arising from her husband’s business, it also means that Georgia has 50% less of a voice in what happens,” says Donald Sherman, former chief oversight counsel for the House Committee on Oversight and Government Reform. ⬇️
“In a divided government, with a closely divided Senate, one vote can certainly be decisive. It’s a disadvantage to folks back home if their senator has a conflict.”



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More from @100FrogLegs

21 Nov
I don't even know how to fully explain how I got here (I'm going to blame Ming😜) but I'm just sharing this info and you can do as you please.

You may recall seeing this logo around Twitter? It's for the logo for News Break. There's also a News Break App you can get.
I am not here to judge anyone for using that app or to persuade you otherwise. I was simply trying to read on some south GA pig farmers 🐷😂 (I know you want my life) and articles kept popping up with that news source. It was bugging me so I looked them up.
We're always questioning news sources so I'm sticking it here for whoever and also for me to come back to cause, I'll forget.

News Break, a news app founded by China’s media veteran Jeff Zheng, with teams in Beijing, Shanghai, Seattle ⬇️…
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19 Nov
@Standupchai @kylegriffin1 He keeps f*cking yapping.
Keeping that narrative in the air.
STFU Brad.

hang on...
@Standupchai @kylegriffin1 Raffensperger dismissed the criticism from the senators, saying it was driven by their need to turn out the president’s base. “Most likely that was it,” Raffensperger said.

So, @SenatorLoeffler & @Perduesenate were gaslighting Georgians when asking @GaSecofState to resign?
@Standupchai @kylegriffin1 @SenatorLoeffler @Perduesenate @GaSecofState Got it.

So, what does that say about the integrity of our two Senators? That they will lie and claim election fraud vs. speaking the truth just so they can deceive their base to win?
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17 Nov
OK, Ima ask y’all to put on your peach colored glasses for a minute to get some GA perspective.

Wiped server
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2 DOT grants
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Purged voter rolls
False hacking claims
Last minute software patch
Long lines
Closed voting locations
Missing cords
35% African American
Mayor Bottoms
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Bad data
Early reopening
GOP donors

Are y’all feeling what I’m throwing down?

There are NO victims in the GA GOP Senate runoff. Their game IS narrative. Image
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27 Oct
And the American people have to clean this shit up?

Neil Gorsuch.
Brett Kavanaugh.
Amy Coney Barrett.
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Nobody else wants to assume any fuqqing responsibility for handing over our democracy?

The SILENCE and passive governing has caused the death of our democracy. Stop putting this fuqqing sh!t on the voters.
People can't vote on what is NOT KNOWN.
I'm angry.
No, this wasn't the fault of the American people.
I dare you to fuqqing say it ever again.
Read 5 tweets
26 Oct
This actually should be front and center today. Who else has reviewed this?
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19 ‼️ Some are still in high school at 19.
A great number are starting college.
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