The MeidasTouch Podcast - Trump SCREWS his Entire Cabinet with LATE FRIDAY PICK

Episode Date: November 23, 2024

MeidasTouch host Ben Meiselas reports on Donald Trump's latest cabinet pick, Kelly Loeffler. Magic Spoon: Go to https://magicspoon.com/MEIDAS to grab a variety pack and try it today! And be sure to use our promo code MEIDAS at checkout to save five dollars off your order! Visit https://meidastouch.com for more! Join the MeidasTouch Patreon: https://Patreon.com/meidastouch Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown Lights On with Jessica Denson: https://www.meidastouch.com/tag/lights-on-with-jessica-denson On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Coalition of the Sane: https://meidasnews.com/tag/coalition-of-the-sane Learn more about your ad choices. Visit megaphone.fm/adchoices

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Instacart, groceries that over-deliver. So let's talk about Donald Trump just naming Kelly Loeffler as his Secretary of Agriculture. She used to be a senator from Georgia. She was actually appointed in that position by Georgia Governor Brian Kemp. She lost back in, what was it, the 2020-2021 election period to Raphael Warnock, the current Democratic senator of Georgia. She is the wife of Jeffrey Sprecher. He owns a company called ICE, which is the international or the Intercontinental Exchange, which is the parent company of the New York Stock Exchange. And Kelly Loeffler really made her money, her marrying into massive wealth with Jeffrey Sprecher. But her parents were farmers.

They were big agriculture subsidy recipients, which is interesting because on the other hand, Donald Trump's head of HHS, Health and Human Services, RFK Jr., kind of rails against big ag. So, you know, it'll be interesting to see that tension there. Let's explore Kelly Loeffler's background here. Let's talk about her parents for a second. Don and Linda Loeffler, Kelly's parents, lifelong corn and soybean farmers. Don also ran a trucking business that moved farm equipment since 1995. Her dad, Don, received $1.2 million in federal government funds for crop subsidies, and her mom, Linda, received $214,000. her brother also brian has received subsidies um about 1.3 million in

benefits brian has received more subsidies than anyone in stanford illinois and then after her marriage molly leffler began to receive farm subsidies after her marriage to Brian Kelly's brother. And she received subsidies in the amount of $671,000. So lots of government subsidies there. It's interesting because during COVID, Kelly Leffler railed against people in her own state getting an extra 600 bucks. When you go and explore Leffler's background as well, she's the former CEO of a crypto company called Bakkt, B-A-K-K-T, which is a subsidiary of her husband's company, Intercontinental Exchange, or ICE. And what's interesting right now is that Bakkt, B-A-K-K-T, recently announced that it would be selling itself to Trump Media, the parent company

of Truth Social, right before the announcement of Trump appointing Loeffler as Secretary of Agriculture. Kelly Loeffler also was one of the biggest fundraisers for Donald Trump this cycle. Here was the article about Bakkt being sold to Trump Media, and that caused the stock price of both Bakkt and Trump Media to increase significantly. Trump Media is in advanced talks to buy the cryptocurrency trading firm Bakkt, the Financial Times reported Monday, citing two people with knowledge of the talks. The news sent shares of both companies soaring. Trump Media, which is majority owned by Trump, shot up by double digits minutes after the Financial Times reported this. And then it says shares of Bakkt, which was created by Intercontinental

Exchange, Loeffler's husband, the owner of the New York Stock Exchange, skyrocketed more than 162% among repeated halts due to volatility. Kelly Loeffler, a previous CEO of Bakkt, is the co-chair of Donald Trump's inauguration Committee. Loeffler, who is married to Intercontinental Exchange CEO Jeffrey Sprecher, left as Bach's top executive in 2019 when Georgia Governor Brian Kemp appointed her to the U.S. Senate seat, vacated at that time, and then she lost when she was running against Raphael Warnock. Here was an important moment during that debate with Warnock. We know that Kelly Loeffler's family have accepted, read that over $3.2 million in farm subsidies from the government. Meanwhile, she said it would be counterproductive

to give Georgians $600 of relief. So why would it be counterproductive to help ordinary Georgians in the middle of the pandemic? Here it is right here. Regarding the coronavirus pandemic, you dumped millions of dollars of stock in order to protect your own investments. And then weeks later, when there came an opportunity to give ordinary Georgians an extra $600 of relief, you said you saw no need and called it counterproductive. Why do you think it's counterproductive to help ordinary Georgians in the middle of a pandemic? Notably also, Donald Trump's former Attorney General pick, Matt Gaetz, who withdrew his name

after additional details about the child sex trafficking investigation into him surfaced. We have him on videotape attacking Kelly Loeffler by basically saying that her husband bought that Senate seat for her, and he calls it a reverse dowry. Here, play this clip. Now, I understand that Kelly Loeffler has a lot of money. I say she has a lot of money. I say she has a lot of money. I think we all know what's really going on there. A seat in the United States Senate should not be a reverse dowry paid in the greatest country. Here's some other data points we have on Kelly Loeffler as well that I think is notable. The companies that she's led have had to pay $8 million fines for compliance failures.

She was implicated in an insider trading scam based on her position. And there was a lot of calls for a criminal investigation. The Department of Justice was either contemplating or had began a criminal investigation into Kelly Loeffler around that kind of 2020 time period for potential insider trading. And then her husband gave a million dollar donation to the Trump Political Action Committee, and then they stopped the criminal investigation at or around that time. As a kid, I loved eating cereal. But as an adult, I don't want all that sugar. And most cereals, they don't give me the protein that I need.

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stores with delicious flavors like marshmallow and chocolatey peanut butter. Now, my favorite is the Magic Spoon chocolatey peanut butter treats. And by the way, they're my wife's favorite too. They make for the best late night snack. Get $5 off your next order at magicspoon.com slash Midas. Or look for Magic Spoon on Amazon or in your nearest grocery store. That's magicspoon.com slash Midas for $5 off Magic Spoon. This was a video that we put out around that time about Kelly Loeffler. It was called Looting Loeffler. And all we did here was put clips of reporting, including reporting by Fox at this time, who was going after Kelly Leffler at this time. Here, play this clip.

One senator in particular irks me, a Senator Kelly Loeffler, not elected, but appointed just a couple months ago. Records show Leffler and her husband, whose company owns the U.S. stock exchange, sold stock valued between 1.3 and 3.1 million dollars. Kelly Loeffler bought and sold stock shortly after a classified briefing on the virus. They knew the market was going to tank and they sold based on that inside information. Some of the holdings she shed were in energy, automotive, retail and airlines. Look, it's not just what she sold, but it's actually what she bought. She bought things like Amazon, Citrix Systems, a company that obviously was going to do well during a shutdown,

while still reassuring citizens that the U.S. was prepared. We have Americans across the country who have seen their 401ks plummet. Were you trading on inside information about what was coming? Folks, this woman is knee deep in the swamp and she just got there. Apparently our use of that video when we put it out in 2020 inspired Kelly Leffler's lawyers to claim that the video makes several false, misleading, and ostentatious claims. It inaccurately has a voiceover that Kelly Loeffler bought and sold stock shortly after a classified briefing on the coronavirus, immediately after the ad proclaims

that Kelly Loeffler and her husband, that they knew the market was going to tank, and they sold on that inside information. Perhaps most outrageously, the advertisement edits together footage from an interview that falsely makes it appear that Loeffler was nodding her head yes in response to a question from an interviewer asking, were you trading on inside information about what was coming? At the conclusion of the advertisement, the on-screen text reads, fire eluding Loeffler. Not only are these claims demonstrably false, they are intended not just to mislead your viewers, but indeed to lie to them. In fact, despite the shiny graphics and snide voiceover that the Midas Touch uses to make these unfounded and sensationalist claims, there is simply no truth to them. So I want to give you a fair, I want to give you their perspective that they deny all the things they say. things. They say all trades and other decisions are managed by multiple third-party advisors without Loeffler's knowledge or involvement. But as you saw from that, I mean, we're just using what Fox News was saying at the time. Judge Jeanine Pirro was saying, here's the report.

This one's a funny one. This one goes back to November 2020. This is Michael Popak right here. And here's what Popak said. This is 2020 Michael Popak reporting on Leffler. Play this clip. Recently, the Department of Justice and the Securities and Exchange Commission decided to drop insider trading charges against Senator Kelly Locklear of Georgia. That decision only happened after her husband, the head of the New York Stock Exchange, made a $1 million donation to a super PAC that is in favor of Trump.

He makes a donation for $1 million, the largest donation he's ever made in political history. A month later, the investigation against his senator wife is dropped. The American people suffered tremendously with the drop in the stock market and the closure of Main Street businesses. Starting in March, Senator Loeffler obtained

insider confidential information about the COVID crisis in January of 2020, three months before the rest of the public learned of the extent of the virus and of the extent of the virus and its impact. The new Biden administration must continue the investigation and the prosecution. And here was another report here that we did back on December 3rd, 2020 on Kelly Loeffler, your playlist clip. Goodie, Senator Kelly Loeffler has a new ad she's running in Georgia.

We need someone who understands how it feels like waiting on that paycheck? Pfft! Ha ha ha! Waiting on a paycheck? Okay, this isn't an exaggeration. She is literally the richest person in the Senate. She's worth half a billion dollars. And her husband owns the New York Stock Exchange.

Hell, she lives here! The place probably has got its own zip code. And while Kelly campaigned in a Kia to look like a woman of the people, she actually owns a private jet purchased after the Trump tax bill added a new write-off for private jets because Washington works for rich people

when rich people run Washington. This is why it is so important we vote for people who actually represent us, not another rich opportunist looking for tax breaks and stock tips i should also be noted now as donald trump's cabinet takes shape you have howard lucknit howard lutnik the commerce secretary net worth two billion dollars you have linda mcmahon education secretary net worth 3..2 billion. Kelly Loeffler, agriculture secretary, net worth $800 million. Elon Musk, the head of the made up Doge committee, net worth $315 billion. Vivek Ramaswamy,

Doge, net worth $906 million. You have Doug Burgum, interior Secretary, $1.1 billion. Dr. Oz, who's going to be running Medicare and Medicaid. Net worth, who's previously called for privatizing it. Net worth, $200 million. Then you have Chris Wright, Energy. Net worth, $150 million right there. I'll leave you with this because here, Kelly Loeffler, this was after January 6th. She was originally going to object to the election. And then after the insurrectionist stormed the Capitol, let me just show you what she said so you can see how, this is again,

this is my opinion, how morally kind of malleable, you know, she is. Here, play this clip. Mr. President, when I arrived in Washington this morning, I fully intended to object to the certification of the electoral votes. However, the events that have transpired today have forced me to reconsider. And I cannot now in good conscience object to the certification of these electors. The violence, the lawlessness, and siege of the halls of Congress are abhorrent and stand as a direct attack on the very institution my objection was intended to protect, the sanctity of the American democratic process. And I thank law enforcement for keeping us safe. I believe that there were last minute changes

to the November 2020 election process and serious irregularities that resulted in too many Americans losing confidence, not only in the integrity of our elections, but in the power of the ballot as a tool of democracy. Too many Americans are frustrated at what they see as an unfair system. Nevertheless, there is no excuse for the events that took place in these chambers today and I pray that America never suffers such a

dark day again. Though the fate of this vote is clear, the future of the American people's faith in the core institution of this democracy remains uncertain. We as a body must turn our focus to protecting the integrity of our elections and restoring every American's faith that their voice and their vote matters. America is a divided country with serious differences, but it is still the greatest country on earth. There can be no disagreement that upholding democracy is the only path to preserving our republic.

I yield the floor. Well, there you have it, Donald Trump's pick. Secretary of Agriculture, let me know what you think. Hit subscribe. Let's get to 4 million subscribers together.