Wednesday, May 31, 2006

Wal-Mark! and Dent Unglued

Others are wondering about the Taylor-Young-Wal-Mart-PeachCare Connection. Check Tom Crawford's piece at Capitol Impact/The Georgia Report. (This is a paid service but well worth the investment.)

05/31
Political Notes -- Taylor and Wal-Mart - Stock holdings undercut his healthcare proposal . . .

"Undercutting Taylor’s PeachKids proposal, however, was the fact that the lieutenant governor also owned more than $10,000 worth of stock in Wal-Mart Stores Inc.," (Crawford)

"One of Taylor’s campaign chairmen, former Atlanta mayor Andrew Young, has become a high-profile spokesman for Wal-Mart, a stance that has also drawn criticism." (Crawford)

Dent responded that Taylor had sold the stock. Is that an admission that he should have never owned it? He also said that he hoped Crawford was looking at Cox's filing as well, especially how her energy holdings could benefit from her fuel plan. Problem with that argument? Cox's agri-fuel initiative could actually hurt those companies. Whoops.

There are many questions that are still unanswered here. How long did Taylor own that stock? The financial disclosure was filed early in May. When did he sell the stock?