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GOP’s Kelly Loeffler takes drastic steps after coronavirus trades threaten to tank her election chances

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Sen. Kelly Loeffler (R-GA) says she will liquidate her stock holdings after selling off millions of dollars in shares after hearing dire warnings about the coronavirus epidemic.

The Georgia Republican and her husband Jeff Sprecher, who is chairman and CEO of the company that owns the New York Stock Exchange, will convert their individual stock share positions to mutual funds and exchange-traded funds by third-party advisors, reported CNBC.

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“Amid this health crisis, the temptation to circulate lies and misinformation is too great for the media and my political opponents,” Loeffler said. “That is why I’m taking steps to remove this temptation so that we can turn our focus back to where it belongs: on combating COVID-19 and restoring our country to health and economic recovery.”

The liquidation, which was expected to be completed by the end of the week, was announced two days after a poll showed Loeffler 23 points behind Rep. Doug Collins, who’s challenging her in the GOP primary.

Loeffler, the richest person in the U.S. Senate, sold off millions of dollars in shares ahead of a massive stock market plunge as the coronavirus shut down the U.S. economy.

Those trades came after Loeffler and other senators were briefed by federal officials about the pandemic threat to American lives and the economy.


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Major hospital chains reap billions in federal bailout money while sitting on piles of cash: report

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According to a report from the New York Times, a substantial amount of federal funds that were designated to support hospitals overwhelmed by the coronavirus pandemic ended up being shipped off to major hospital chains already flush with cash in the bank.

The report begins by noting that Providence Health System, one of the country’s largest and richest hospital chains, was the recipient of $509 million in government aide even though the company is loaded with so much money it invests its excess cash and reaps big rewards.

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WATCH: Staten Island grocery shoppers drive out woman who refuses to wear a mask in the store

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A group of angry shoppers at a Staten Island ShopRite were captured on video driving out a woman in the store who refused to wear a face mask.

The 20-second video clip shows masked shoppers swarming around a shopper who is pushing her cart around without any kind of face covering.

"Get out!" one of the shoppers yells at the woman.

"Get the f*ck out of here!" yells another.

While the woman is initially defiant, she eventually relents to peer pressure and leaves the store.

Staten Island has been hard hit by COVID-19 and has recorded more than 13,000 coronavirus infections and nearly 1,000 deaths from the disease.

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Tolerance and violence: The fate of religious minorities during the plague under Christianity and Islam

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Pandemics are nothing new—they scythed through the ancient world as they did the pre-modern and, as we know to our grief and confusion, they are still mowing us down today.

We might think that human nature is fairly invariant across time and space, and expect the response to these catastrophes to be perennially the same. Certainly, in the 21st century there are disturbing echoes of the way Jews were blamed by European Christians of the 14th century for the Black Death. From the US to the UK, from Iran to Indonesia (the largest Muslim country in the world), there has recently been an escalation of abuse and violence against Chinese and Asian-looking people. And not just Asians. Political groups and politicians have latched on to coronavirus as a weapon in their anti-immigration policies, urging their partisans to hunker down and suspect the alien minority. In a bid for votes President Trump seems to be using coronavirus to whip up anti-Chinese feeling. In India, egged on by the BJP, the ruling Hindu nationalist party, Muslims have been viciously attacked and accused of conspiring to kill Hindus by deliberately spreading the disease.

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