Your Tax Dollars Bail out Robin Hayes' Investments

Robin Hayes is one of the wealthiest members of Congress. I'm sure he appreciates the tax payers who are helping him stay that way by bailing out AIG so he doesn't lose his shirt. Well, for Hayes it would be more like losing a button....not the entire shirt.

Hayes owned more stock in AIG than any other member of Congress. His stock was valued at between $2.8 and $11.5 million. That's a substantial portion of his fortune. Maybe it would be more like losing a sleeve.

Next time you see Robin Hayes make sure he thanks you for bailing out his investment and while you're at it ask him just how much of his shirt you saved him.

My Plan for a More Ethical State Government

Hi BlueNC!

It’s been awhile since I’ve posted. Ever since the primary ended I’ve been running between speaking events, rallies, debates and endless fundraisers. Yesterday both Pat McCrory and I spoke at the NC Coalition for Lobbying and Government Reform forum, and I thought I should share with you some of the ideas I proposed:

Pat McCrory Cuddles up to George Bush and his Money Team via the RGA

Following on the footsteps of Greg Flynn's Millionaires for McCrory post I thought I would investigate some of these RGA donors a little more closely. Funny thing. I found that most of them have strong ties to George Bush. Pat McCrory and George Bush's relationship blossomed back in 2004 when he served on Bush's attack squad during the Democratic National Convention in Boston. McCrory has remained loyal to the president. Bush's big dollar donors took notice and they've found their chance to reward McCrory through the Republican Governor's Association.

Miller to Bush Administration: Enough with the secrets

Good for Congressman Miller:

WASHINGTON - U.S. Rep. Brad Miller wants the Department of Justice to come out of the dark and embrace the sunlight. Miller, a Raleigh Democrat, introduced legislation today that would force the Justice agency to give more information to Congress about what he calls “secret law.”

John and the Terrible, Horrible, No Good, Very Bad Day

Yesterday was a bad day for the John McCain campaign. The stock market is crashing at least in part because of deregulation he supports used to support (man, his flips are faster than his flops). So, what do his economic advisers have to say? Remember, these are his new economic advisers, his old one said:

What did his new ones have to say?

Kay Hagan Stuns Elizabeth Dole with the truth

When I said earlier that the country was buzzing over the Hagan v. Dole senate race I wasn't kidding. The latest article posted online earlier today in Forbes is a stunner.

FAYETTEVILLE, N.C. - North Carolina Sen. Elizabeth Dole said she wants to use her seat on the Senate committee that oversees the nation's banking industry to examine the causes and implications of turmoil in U.S. financial markets.

But her Democratic rival, Kay Hagan, countered with her own assessment: the problem lies in the policies pushed by Dole and fellow Republicans.

She's had that seat since 2003. What the hell has she been waiting for? Didn't Dole say she chose her committees based on what was best for North Carolina? If that's the case, why hasn't she taken action prior to our economic collapse? We have banks and insurance companies failing, stocks tumbling and the hopes and dreams of many Americans lost in the rubble.

What did Elizabeth Dole do the past six years on these committees as those giants in the financial industry just kept getting bigger? Apparently, she and her fellow Republicans did nothing.

"This is what a Republican-run, special interest-based economy looks like," Hagan said in a statement. "Oversight and accountability were shelved for padded profits and inflated investments. The Bush-Dole team ignored the warning signs as the housing bubble grew, refusing to establish even basic rules of the road for big financial players."

Dole's spokesperson, Dan McLagan has something to say about Hagan requiring Dole to take responsibility for her failures. It went something like this, "Waaaaaaaah."

Why I Am Running

At the heart of my decision to run are children, both my own and the hundreds I have treated and worked with over the years. Not only have I dedicated my career to diagnosing and treating children’s allergies but I have given my time and expertise to public and nonprofit efforts to promote kids’ health. Another priority of mine will be to begin to end our dependence on oil, which is eroding our national security and threatening the stability of the climate on which we all depend, and redirect America’s innovative and entrepreneurial energy towards producing cheap and abundant energy from non-polluting renewable sources and making every home, business, school, church, factory, warehouse and public building energy efficient.

Why would Liddy do this?

In case you missed this update over the weekend, I'm reposting Kay Hagan' s criticism of Dole's voting record on military matters. The only explanation for these votes I can think of is this: Dole chose politics over taking care of our armed forces. She's happy to go along with spending millions on mercenaries, but can't quite bring herself to put her vote where her mouth is?


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