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Have you ever looked at someone and thought this guy isn’t on the level? John Edwards is one of these people. At least that’s the way he strikes me. He may be one of the nicest people in the world but I just don’t trust him.
Written by GussRALEIGH, N.C. - Once again, John Edwards’ money is getting in the way of his message.
His Democratic presidential campaign spent yesterday responding to a front-page Wall Street Journal report showing that a company Edwards worked for and has invested $16 million in, Fortress Investment Group, owns mortgage companies that have moved to foreclose on homeowners in hurricane-ravaged New Orleans. The newspaper identified 34 homes in foreclosure suits.
Edwards, who made a fortune as a trial lawyer, worked for Fortress from late 2005 through 2006. Campaign finance reports show its employees and family members have contributed heavily to his campaign.
Edwards, a former U.S. senator who makes his home in Chapel Hill, N.C., told the Wall Street Journal that he would personally provide financial help to New Orleans residents who have lost their homes to Fortress-affiliated businesses. He also said he would pull out any investments he had that profited from their losses.
“I will not have my family’s money invested in these firms,” Edwards said. His staff said he was on the campaign trail in Iowa yesterday and unavailable for further comment.
A campaign spokesman, Eric Schultz, released a statement saying Edwards would take responsibility for those hit with foreclosures, but it provided no details as to what he would do.
Edwards has sought to be identified as a champion of the poor and the working class. At many campaign stops, including New Orleans, he has criticized predatory lenders for taking advantage of people.
It’s that contrast between his public message and his financial dealings that continues to dog his campaign. Over the past several months, he has had to respond to reports about $400 haircuts, a $6 million estate he built last year and a nonprofit he created and pitched as an anti-poverty organization that benefited his campaign.
His attacks on conservative media mogul Rupert Murdoch led to the disclosure this month in one of Murdoch’s newspapers of a $900,000 book deal Edwards struck with a Murdoch-owned publisher.
University Update - University of Tennessee - Edwards’ finances and populism clash. linked with University Update - University of Tennessee - Edwards’ finances and populism clash.




University Update - University of Tennessee - Edwards’ finances and populism clash. Says:
August 19th, 2007 at 10:49 amVisit University Update - University of Tennessee - Edwards’ finances and populism clash.
[...] University Edwards’ finances and populism clash. » This article link is from an article posted at J’s Cafe Nette on Sunday, August 19, 2007 [...]
~J~ Says:
August 19th, 2007 at 12:18 pmVisit ~J~
He’s an empty suit with empty promises. Just take a look at the landscape of candidates from both sides and count how many millionaires and multi-millionaires are running for president. It’s like they’ve bought everything but the power that goes with the presidency. How many actually want to serve their country to make it a better place?
Those are questions we all need to be asking ourselves. When you live in the lap of luxury it’s kind of hard to imagine what the poor are going through, and if they care so much they’d dig out a few million dollars from their personal finances and help some of the ones they want to help with our tax dollars and we’re not as rich as they.
Guss Says:
August 19th, 2007 at 12:34 pmVisit Guss
I’m what you would probably consider poor but I have everything I want. I have a home that I have recently rebuilt to my satisfaction and am very comfortable with my status in life.
I have a wonderful woman that for some reason has stuck by me for 17 years with two dogs and a cat. What more could a man asked for?
I don’t think poor people in this country really have time to worry about people who have more money and I can’t stand politicians who constantly remind me how much life sucks for people like me, just to divide us and get my vote.
We all have a role to play in life and there just isn’t time to be worrying about how other people are living better than we are. I wouldn’t swap my life for any ones.
Sue Says:
August 19th, 2007 at 4:38 pmVisit Sue
Well said Guss.
There will always be those who have and those who do not. Many times I choose the ones who do not as they are not influenced by many of the trappings life affords.
I remember being told growing up that as long as you have a roof over your head, clothes on your back, food to eat and the love of your family you can get through almost anything and to this day I believe that to be true.
By the way..welcome back!
Guss Says:
August 19th, 2007 at 6:05 pmVisit Guss
Thank you Sue.