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John Edwards, the model American


ClimbingPanther

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Apart from whether you think there is a real case of hypocrisy here, aren't cries hypocrisy like this mostly goal-oriented smear tactic politics? Yes, I'm more than critical of the fact that John Edwards lives in a McMansion and I'm as wide eyed as the next guy that some Senator from Idaho who talks about family values might be gay but really: don't we elect politicians for how they'll vote rather than how they live? For the most part, shouldn't we?

 

Sure, sleaze is sleaze and I think we should ask our leaders to have some measure of personal integrity but their sexual habits or how they made their money shouldn't matter much except to the extent that we think these background factors may cause them to compromise the public interest.

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From your second link:

 

August 18, 2007

Edwards to keep investment in Fortress

 

 

DES MOINES, Aug. 17 — The John Edwards presidential campaign said on Friday that Mr. Edwards would divest his portfolio at a New York hedge fund of investments in subprime mortgage companies that have foreclosed on victims of Hurricane Katrina. But the campaign said he would keep his $16 million investment in the hedge fund, the Fortress Investment Group.

 

Mr. Edwards has frequently attacked such lenders for predatory practices that can tie poor people to loans they cannot repay, and has singled out lenders that have filed foreclosure suits against Hurricane Katrina victims. The Wall Street Journal reported Friday that Mr. Edwards had financial ties to such companies — ties that he now says he wants to sever.

 

“John Edwards believes that nobody in New Orleans should lose their home because of Hurricane Katrina,” said Eric Schultz, a spokesman for the Edwards campaign. “Edwards has taken personal responsibility by cleansing his portfolio of any investments that may have ties to these practices.”

 

The campaign confirmed, however, that Mr. Edwards would keep $16 million of his $30 million net worth in Fortress, a private equity fund with $43.3 billion in assets. The fund accepts investments only from institutions and wealthy individuals.

 

 

 

 

I suppose if I were running for office there are a few things I would like to take back too. But our past actions and willingness to do right without duress is what we are. And Edwards stinks.

Edited by Fairweather
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Is that how he commutes to the office at the hedge-fund in the Caymans?
Atually, I'd be inclined to think it your own commuter vehicle of choice.

 

I'm flattered, but actually I've commuted by bike or walked to school or work for all but three years in the interval from 1992 to the present.

 

 

 

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