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Judd Legum Profile picture
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30 Nov, 9 tweets, 4 min read
1. Georgia Senator David Perdue (@Perduesenate) is in a competitive Senate race and won't take questions from the local media.

Why?

He has repeatedly lied to the public and press about his stock trades.

And now he's been caught.

Let's review.

popular.info/p/8-times-davi…
@Perduesenate 2. In March, a Perdue spokesperson told CNN that Perdue was "not involved in any day-to-day investment decisions."

Perdue said the same thing to Nexstar Media Group.

That was a lie.

popular.info/p/8-times-davi…
3. In April, when more details of his pandemic-related stock trades became public, a Perdue spokesperson told the Atlanta Journal-Constitution that Perdue "is not involved in day-to-day decisions."

That was a lie.

popular.info/p/8-times-davi…
4. In May, facing increasing scrutiny, Perdue liquidated all his individual stocks (save 3).

"Goldman Sachs or... independent fund managers bought and sold individual stocks without consulting with us," Perdue said.

That was a brazen lie.

popular.info/p/8-times-davi…
5. In September a Perdue spokesperson said that individual trades were made by "independent advisers" and "The Perdues cannot direct or influence these independent fund managers."

That was a brazen lie.

popular.info/p/8-times-davi…
6. This month, Perdue faced scrutiny for trades involving a manufacturer of submarine parts

"Senator Perdue doesn’t manage his trades, they are handled by outside financial advisors without his prior input or approval" a spokesperson said

That was a lie

popular.info/p/8-times-davi…
7. An FBI investigation found that, in January, Perdue, shortly after receiving an email from the CEO of Cardlytics, personally called his "wealth manager" and directed him to sell more than $1 million in Cardlytics stock.

popular.info/p/8-times-davi…
8. In other words, everything Perdue has said this year about his control over his stock portfolio was a lie. Every statement claims he had no involvement in individual trades but he did.

Now Perdue doesn't want to answer questions about it.

popular.info/p/8-times-davi…
9. If you like this thread, you'll really like my newsletter.

Sign up free ➡️ popular.info/subscribe

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More from @JuddLegum

Judd Legum Profile picture
1 Dec
1. Major corporations like to talk about their commitment to combating climate change, immigration reform, and other issues that burnish their public image.

But talk is cheap.

Look at how corporate America spends its money and wields its influence

popular.info/p/corporate-am…
2. Yesterday, the @USChamber, the nation's largest corporate lobbying group, announced a $2 million ad campaign in support of Perdue and Loeffler.

If either of them win, McConnell stays in charge of the Senate.

popular.info/p/corporate-am…
3. Most major corporations are members of @USChamber. Their dues support these ads and make it more likely the GOP retains control of the chamber

That is in direct conflict w/the stated priorities of many member corporations

Take, for example, @Nike

popular.info/p/corporate-am…
Read 9 tweets
Judd Legum Profile picture
25 Nov
1. Senator David Perdue (@sendavidperdue) has been caught brazenly lying about how he managed his stock portfolio.

Here are the FACTS.
@sendavidperdue 2. Perdue has said categorically that he had NO INPUT WHATSOEVER on his stock trades as Senator.

This is what his spokesperson said LAST WEEK: "Senator Perdue doesn’t manage his trades, they are handled by outside financial advisors without his prior input or approval"
@sendavidperdue 3. But according to a new report in the NYT, the FBI obtained evidence that in January, Perdue contacted his wealth manager at Goldman Sachs and instructed him to sell $1M worth of stock in Cardlytics.

The communication came after Perdue received an email from the company's CEO.
Read 5 tweets
Judd Legum Profile picture
24 Nov
1. There has been a massive failure in CORPORATE leadership during the pandemic

Major retailers are seeing record profits this year

But frontline workers who are putting their lives on the line to generate those profits are getting very little in return

popular.info/p/the-greed-ep…
2. Take @Kroger, the nation's largest supermarket chain. It reported over $2B in profit in the first half of the year, up 90% over last year.

Workers, meanwhile, received the equivalent of $0.87 per hour or a 9% increase.

popular.info/p/the-greed-ep…
3. @Kroger workers have not received any extra compensation since May 17, even though hospitalizations for COVID are at an all-time high.

But on September 11, "the company authorized a new $1 billion share buyback program."

popular.info/p/the-greed-ep…
Read 9 tweets
Judd Legum Profile picture
23 Nov
1. With a handful of exceptions, Republican elected officials are refusing recognize Biden's victory and saying Trump has the right to pursue his legal challenges.

What is the Trump legal team's theory?

Let's review

popular.info/p/a-confederac…
2. Until yesterday Sidney Powell was a member of Trump's legal team

I say this because Trump said she was a member of the legal team and she also appeared at an official Trump campaign press conference last Thurs

On Saturday, Powell laid out their case

popular.info/p/a-confederac…
3. According to Powell, some years ago, the CIA provided technology to Hugo Chavez to create voting machines that could be rigged.

Hillary Clinton then used these machines in 2016 to steal the nomination from Bernie Sanders.

popular.info/p/a-confederac…
Read 11 tweets
Judd Legum Profile picture
22 Nov
1. Four hours after I tweeted this, the Trump campaign issued a statement saying that Sydney Powell, who made these comments about Loeffler, is "practicing law on her own" and "not a member of Trump's legal team."

Is that true?

Let's investigate.
2. Here is a tweet from Trump one week ago which says Sydney Powell is part of his legal team
3. Here is Sydney Powell speaking on Thursday at an official Trump campaign press conference with the rest of the Trump campaign legal team
Read 5 tweets
Judd Legum Profile picture
22 Nov
🚨IMPORTANT🚨

Trump's legal team is now asserting that DOUG COLLINS, not KELLY LOEFFLER would be participating in the January 5 runoff if Brian Kemp hadn't rigged the voting machines.

Does LOEFFLER agree? Or will she admit that the Trump campaign's claims of voter fraud are BS.
"We don't know who bought their election.. I'm sure it crosses party lines.. I'm reasonably certain John James was ripped out of his seat, and he was entitled to have won that election by the real vote, and the same thing is true for Doug Collins in Georgia." — @SidneyPowell1
Trump's legal strategy has never made any sense but, over the last few days, it has managed to become even more unhinged.

I'll have more in my newsletter.

Sign up free --> popular.info/subscribe
Read 4 tweets

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