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Ouch

WUNC's Laura Leslie points to the kind of publicity that a budding gubernatorial candidate can do without.

In the March 12, 2007, issue of Forbes magazine, Neil Weinberg investigates Richard Moore, State Treasurer of North Carolina, in “Pensions, Pols, Payola.”

As treasurer for the state, Moore is the sole fiduciary for the state’s retirement system, controlling $73 billion in assets. Forbes exposes how this gubernatorial frontrunner for 2008 rails against conflicts of interest on Wall Street, yet takes campaign donations from money managers eager for his business.

If you care to tiptoe through Moore's campaign finance records yourself click here.

(For you folks back in Greensboro, it doesn’t appear that Percy is a donor.)

Comments (6)

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Percy Walker said:

That Forbes article is brutal.

I have policy against contributing to the campaigns of politicians with investment authority. Why would I need to?

Anglico said:

Shoot, I accidentally deleted my preface, which was

"Speaking of gubernatorial candidates . . . "

Mark Binker said:

Hey there Anglico. Thanks for sharing that link. I can't say that the OLF is an issue I've followed all that closely. (It's sort of like hog farms...interesting but not a core interest for folks in GSO.)

Anglico said:

I know what you mean. My friends are all over me because I don't get excited about health care. It's not like I don't think the issue is important . . . there's just a limit to how much any one person can focus on.

I met the what I call the NO OLF Ladies on a visit to the Pocosin Refuge in January. We went to the site where the Navy's landing field is proposed and there were literally thousands of geese and swans feeding there. Being an ex Navy guy with a friend who died flying a Navy jet, I took special interest in the insanity of siting the OLF in a place where a hundred thousand birds the size of dogs fly around all winter.

The NO OLF Ladies are fighting their hearts out and feel totally abandoned by the Republican Party. (They are all Republicans, by the way.) But somehow they developed a relationship with the Southern Environmental Law Center and all us lefties.

I see the issue as a bright line in North Carolina politics. Those silent or supportive of the OLF have put the needs of citizens in Virginia ahead of what's good for North Carolina.

Mark Binker said:

That's part of why this blog is here, to point folks to other stories that I don't have time to get to.

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