10.09.2006

More on George Allen - UPDATE

George Allen: The Man Who Couldn't Stop Screwing Up.

First, we learn that his use of certain racial slurs wasn't just a 'once in a while' occurence:

"I heard to my left the N-word and I heard it again and I looked around and I heard it again and there was this fellow sitting on the ground....I said to the boy beside me, a man, who is that kid? And he said, oh, that's George Allen." --Patricia Waring

"He just threw it around so casually, it's like he didn't know any better....[W]henever he'd get a black card that he didn't like, he would refer to it as a 'nig--- card' he needed to get rid of." --Leah Deason

"It was part of his everyday speech. It just rolled off his tongue. He'd get a black card he didn't like and he'd toss it back and say, 'I don't need that nig--- ten.'" --a former UVa classmate
What's that, George? You've never used that word? Sure. And you always make sure you've disclosed all your financial concerns per Senate Rules too. Oops, you didn't do that, did you?
For the past five years, Senator George Allen, Republican of Virginia, has failed to tell Congress about stock options he got for his work as a director of a high-tech company.

Congressional rules require senators to disclose to the Senate all deferred compensation, like stock options. The rules also urge senators to avoid taking any official action that could benefit them financially or appear to do so.

Mr. Allen’s stock options date to the period from January 1998 to January 2001, after his term as governor of Virginia and before he took office as senator.
Who's looking forward to new polling for the Senate race in Virginia?

UPDATE: 10:39 am 10.10.2006 - Via Bloomberg:
Stock options that Senator George Allen described as worthless were worth as much as $1.1 million at one point, according to a review of Senate disclosure forms and U.S. Securities and Exchange Commission filings.

The records appear to contradict remarks he made to the Associated Press. "I got paid in stock options which were worthless," AP quoted him as saying.

Allen served as a board member of Chantilly, Virginia-based Xybernaut Corp. from 1998 until December 2000 and was awarded options on 110,000 shares during that period. His Senate financial disclosure form for 1999, required for candidates as well as officeholders, doesn't report that he owned the options.
Most Virginians might not agree that $1.1 Million is 'worthless.' I'm guessing, however, that there are a growing number of Virginians that think George Allen is worhtless...

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