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Monday, March 1, 2021

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The Daily Beast

Marjorie Taylor Greene Demonizes Big Tech. She and Her Husband Just Sold Up to $210,000 in Tech Stocks.

Drew Angerer/GettyWhen she was running for office, Rep. Marjorie Taylor Greene (R-GA) constantly antagonized tech giants like Facebook for allegedly censoring and silencing pro-Trump Republicans, and vowed to fight what she called the “Silicon Valley Cartel” after being elected to Congress.During her first two months on Capitol Hill, Greene has loudly ratcheted up the anti-tech rhetoric. But shortly after her swearing-in, she quietly moved to offload significant stock holdings in the very same companies she so vehemently denounced—netting a healthy sum in the process.According to her latest financial disclosure form, released on Feb. 19, Greene and her husband sold anywhere from $49,000 to $210,000 worth of shares in Facebook, Google, Apple, and Amazon on Jan. 20.It’s unclear exactly how much Greene and her husband, Perry, made from each individual company stock, since congressional forms only list broad value ranges, but it may have been as much as $65,000 each for the four tech stocks. Some shares were owned jointly between the couple and others were owned solely by her husband.Greene’s only other public financial disclosure form, filed in May 2020 when she was a candidate, lists joint or spousal ownership of up to $65,000 in Apple stock, $30,000 in Facebook stock, $30,000 in Amazon stock, and $15,000 in Google stock. The couple sold these holdings in January at a profit—the official form lists capital gains above $200—but the precise figure is unknown.The Sickening History of Marjorie Taylor Greene’s HometownIn light of the growing push from good-government advocates for lawmakers to sell off their holdings of individual stocks to avoid conflicts of interest, Greene’s sell-off could be perhaps welcomed. But her financial disclosure report shows she remains invested in a number of other companies, from Fortune 500 giants like Goldman Sachs and Lockheed Martin to the sports gambling platform DraftKings and activewear brand Lululemon.There’s also the plain irony that Greene was personally invested in, and later profited off, tech companies that she had excoriated for months as totalitarian tools of evil and social control. A spokesperson for Greene did not respond to requests for comment about her stock sale and why she invested in the companies to begin with.Like many hardcore Trump Republicans, Greene has oriented her politics around “cancel culture” and Big Tech’s alleged censorship of those promoting pro-Trump views. On her social media platforms, where she has hundreds of thousands of followers, Greene posts fresh, steaming outrage about them on a near-daily basis.Facebook, shares of which Greene and her husband sold for up to $65,000 net gain on Jan. 20, have been a constant target for her as a candidate and as a member of Congress. Last September, the platform removed a post from Greene in which she posed with a gun next to images of the progressive “Squad,” on the grounds it incited violence. The GOP candidate claimed she was being canceled and now wears a face mask in Congress with the message “CENSORED.”At various points in 2020, Greene called Facebook racist for promoting a message to support Black-owned businesses during the holiday season and slammed it as anti-semitic for censoring the far-right Islamophobic provocateur Laura Loomer. She also accused Facebook of allowing “ANTIFA” to carry out terrorist attacks and charged that the social media platform had “canceled our kids.”In October, when a Facebook spokesperson tweeted they would not link to a New York Post story on Hunter Biden, the Georgia Republican tweeted in outrage that “the Silicon Valley Cartel has taken the First Amendment and ripped it to shreds.”“When I get to Congress,” declared Greene, “Big Tech will be held accountable!”Ironically, in June 2020, the Facebook investor publicly called on her many thousands of followers to use a competitor instead. “For those of yall tired of being censored by Facebook,” she wrote, “I encourage you to open a Parler account today!”Greene has been less critical of the other tech companies she once owned, but her broadsides against the “Silicon Valley Cartel” leave little room for nuance, especially given Google, Amazon, and Apple’s dominance of the sector.Marjorie Taylor Greene Hangs Anti-Trans Sign Outside Office of Congresswoman With Trans DaughterGreene’s tech stock sell-offs could be interpreted as a sign she wished to sever any financial links to companies she had so stridently opposed. A Greene spokesperson did not respond to questions about why she and her husband sold the shares when they did.Barely two weeks after her stock sale, though, Greene was calling on like-minded conservatives to harness the free market system to develop alternatives to the tech companies she’d previously been financing.“Conservatives must join together to invest, develop, and compete in Big Tech in order to protect our conservative values and speech from the never ending cries of the thought police. This would give people the ability to choose the online “community” they invest themselves in,” tweeted Greene on Feb. 7.“The Silicon Valley cartel controlling social media, free speech, and even targeting to take down rising competition, like Parler, must be stopped. The way to stop it is in the free market, while we still can…”Read more at The Daily Beast.Get our top stories in your inbox every day. 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