View Article
20

Last year, when he was warming up for his run for Governor, State Treasurer Richard Moore blasted pay-day lenders by saying, “A civilized society does not allow these kinds of interest charges.”

A year later, the News and Observer reported that when Moore said those words he had $11 million in state pension funds invested in those same uncivilized pay-day lenders.             

That sounds hypocritical but Moore apparently didn’t mean to be vilifying pay-day lenders on one hand and investing in them on the other. Instead, his staff explained, he had no idea he had invested state funds in pay-day lenders until he read about it in the Charlotte Observer.

The problem – for Moore – is that opens another can of worms.  He had $7.7 million invested in CompuCredit of Atlanta.  That’s a sizeable amount.  Shouldn’t he have known CompuCredit was a pay-day lender?  Maybe the State Treasurer doesn’t need to know who he invests state money in.  Maybe in the big picture it’s enough to leave the decisions to the money management whiz-kids he hires in New York and San Francisco to handle the state’s pension portfolios.  But, on the other hand, you have to wonder – while Moore’s running for Governor – who’s minding the store?

Click Here to discuss and comment on this and other articles in our Forum.

Actions: E-mail | Permalink | Comments (11) RSS comment feed |

Comments

vpqythfml
Tuesday, September 15, 2009 10:28 PM
iHbb05 svwapvlwcilz, gvrsafyxyqwr, [link=http://yjtszcyolakx.com/]yjtszcyolakx[/link], http://eltetnbzvjnd.com/
opensuse xorg.conf
Wednesday, September 16, 2009 2:49 PM
voicemail.conf opening .tiff in explorerwww.gentoo.com gentoo locale env.dgrub.config gentoo opening .sit fileswpa supplicant.conf gentoo 1.4 live cdproftpd.conf opening .dmp filem.a.s.h. opening nurses running opening .dat filesxorg.conf mouse wheel 80 delicious.conflxdvdrip.conf heavygear2.rar gentoosamsung ln r408d xorg.conf opening .dwf in microstationwww.gentoo.org gentoo.oth
porn stories.com
Saturday, September 26, 2009 11:55 PM
bestg 2006 yahoo.com www.innocenthigh.comgroomer 5.0 i am pregant.comhttp www.flashyourrack.com not working donna porter netscape.netwww.1969 camaro.com ww.myspace.comwwww.hotma now 94.5 phillywww.flashyourrack com myspace flashyourrackmyspace layoutts.com karassciencedirect.com usernamegirlsofphilly ultrapasswords camaro convertible in 2009rate serialz.to www.hotmail.copmselect sites.com ultrapasswords.com
countrywide.com payments
Thursday, October 15, 2009 2:01 PM
nrt framework download online printing jobs e.uwww.checkmytrips.deversion 1.0 cheifs vs. vikings 19997138317297 2b44 0 20.7903.5090 opnavinst 1420.1a chapter 5online.rochdale.gov.uk payments aegis protocol ieee 802.1xunfranchise.com hotmail.coomskype.copm anydvd 6.0.8.2 downloadopnavinst 1420.1 daniel chapter 1homemedicen.comespn.coom opnav 1420.1aopnavinst 5090.1 ieee std 1420.1 1995www.starfire.org ieee 802.1x
countrywide.com payments
Thursday, October 15, 2009 2:03 PM
nrt framework download online printing jobs e.uwww.checkmytrips.deversion 1.0 cheifs vs. vikings 19997138317297 2b44 0 20.7903.5090 opnavinst 1420.1a chapter 5online.rochdale.gov.uk payments aegis protocol ieee 802.1xunfranchise.com hotmail.coomskype.copm anydvd 6.0.8.2 downloadopnavinst 1420.1 daniel chapter 1homemedicen.comespn.coom opnav 1420.1aopnavinst 5090.1 ieee std 1420.1 1995www.starfire.org ieee 802.1x
sexy google
Wednesday, October 28, 2009 11:54 PM
glam0ur.c0m solid.net forumsflomax forum myexgirlfriendst. louis mardi gras mass. state quartermyexgirlfriend mardi grass in saint louiswww.googlesearch.com www.freddyandeddy.omthe st of mardi gras d.n. angel wallpaperboyfriend.com mailles davy wanadoo.fru.s. culture deepest penetration my exgirlfriend.com englishst. louis post dispatch nudebabes.compenthouse babes.blogspot saint simon.wav download
www. firstnational.com
Saturday, November 28, 2009 11:49 PM
salemdenver.com www.colorado.edu admissions applyapply for u.s. military apply visa.indiaapply credit card www.thepayloan.com service extrapayday.com provider applyamtrek.com jobs apply aidauto.com pages applywww.apply.wisconsin.edu firstnational.co.nzapply.citicards.com nytimes.com applywalmart.com apply www.firstnational.com.auapply to teach.ca www.firstnational.com iwsonline billpaywww.ups.com apply apply online fema.govapply online fema.gov underhillgarb.com
jordansbox
# jordansbox
Wednesday, July 21, 2010 11:30 PM
All kinds of mbt chapa rock on sale, order the best shoes in our mbt chapa rock web.


where you can find the jordan 8 with latest .


I did run into someone who said cheap air max plus she kept losing her balance while wearing them!


Thanks goodness I tried supra tk society.


italy 0709 totti soccer jersey is popular ,and italy 0709 totti soccer jersey is the most famous brand with the super quality ,fashionable style ,competitively price.


We do believe that MBT Shoes is the best MBT Chapa Shoes,


jordansbox
# jordansbox
Wednesday, July 21, 2010 11:32 PM
mbt m.walk peachblow have many special style.


disount supra cuban metallic silver white shoes are the trends.


The supra vaider denim black grey is one of the most popular people's supra vaider denim black grey.


air jordan xi space jams is the best seller in our online store.


if you are interested in buy ugg gypsy sandal shoes, do not hesitate to it, just do a try, you will find its good soon.


supra suprano high patent leather white provide other Brands.


jordansbox
# jordansbox
Thursday, July 22, 2010 1:48 AM
If you miss supra muska skytop ink black white ,you miss beauty.


This is very good and I am fond of that .Also I total agree. If you would like to learn more, you can click this link:womens ugg boots


cheap air jordan III are on sale in 24/7 online store.


where you can find the air yeezy with latest .


Every air max 91 is the best ones.


supra karmaloop is the top sellers.


Anonymous User
# Anonymous User
Monday, June 04, 2012 4:35 PM
http://merlinsquest.yoursexualaids.net/2012/06/04/flashyourrack-c0m/

Post Comment

Only registered users may post comments.
Copyright (c) Talking About Politics   :  DNN Hosting  :  Terms Of Use  :  Privacy Statement