More Republican Ethical Questions
Oh the humanity! Another Republican is caught in a scandal with stocks that they own. First, you remember that Bill Frist’s Blind Trust of Stocks was only blind to him. Now, Senator George Allen has been caught not reporting stock options that he received for his work as Director to Congress. This broke the rules that require Senators to disclose any deferred compensation, including stock options. The reason that Sen. Allen didn’t report the options? He thought that the options were “worthless” because the price for the stock now was lower than what he received the options at.
This is great. A possible Republican nominee for President is getting beat on for ethical violations of congress. While he was a Director for two companies, he violated SEC rules for not filing required reports on insider stock transactions. Two of the three three companies that he was associated with after his term of Governor has received financial help with his backing. He has helped Commonwealth, coming through with $4 Million of tax-exempt bonds for a new Headquarters. Ericsson received $800,000 in state grants for expansion. I wonder if he would have done the same things for companies that he didn’t serve on the board or be an advisor to.
If the lemmings (Republicans) are so moral and virtuous, then there should be an outcry from y’all about these transactions. Of course there is not, because he is a Republican. For being the party of Rightousness, the Republican Party doesn’t do a very good job of practicing what they preach. Do one thing for me, figure out if the Republican Party is a Religious Party of a Secular Party. You can’t be both. Then tell me. If you are a religious party, then why don’t you follow the teachings of Christianity? If you are a secular party, then why do you continuously bring Religion into the debate? Just wondering.
