GOP candidate challenges Sen. Kerry on AIG bailout

[Nambe]

Source: The Associated Press

Sen. John Kerry's GOP challenger called on him to sell any stock he has in insurance giant AIG and donate all campaign contributions from officials at the company to taxpayers. ...

... Kerry spokeswoman Brigid O'Rourke declined to address Beatty's criticism of Kerry's ties to AIG directly and instead dismissed Beatty's comments as "phony political games." ...

... According to the Center for Responsive Politics, a private group that tracks money in politics, Kerry was one of 27 members of Congress with stock in AIG. Kerry reported having AIG stock valued at about $2 million. ...

Read more: http://www.lasvegassun.com/news/2008/oct/09/gop-candidate-challenges-sen-kerry-on-aig-bailout/

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Ouch.

[Eric J in MN]

1. Members of Congress shouldn't be allowed to own stock.

Nor should their staff.

The conflict-of-interest is too great.

I'm not saying that John Kerry did anything wrong.

[endthewar]

2. Yeah, they shouldn't be investing in America.

:crazy:

Oh by the way, AIG shareholders aren't exactly living large off of these stocks. :eyes:

[Eric J in MN]

3. Money in savings accounts and CDs are investing in America, too. NT

NT

[Nambe]

4. What Kerry is doing is legal, but very wrong.

The umpire does not get a turn at bat. He made that choice when he put the uniform on.

[MannyGoldstein]

5. He Should Have Put It In A Blind Trust

I hope that he'll do the right thing now.

[Demeter]

6. It's Not Like CONGRESS Was Making These Bailouts to AIG

It's the Fed REserve.

[SpiralHawk]

7. And it's not like the bailout isn't a Republicon brainstorm

....