A late jolt: Roy Barnes’ new ad and his bank investments

Other candidates and the Savannah Morning News are pointing out that the latest TV ad by former Gov. Roy Barnes leaves a few details out. Writes Larry Peterson:

Democratic gubernatorial hopeful Roy Barnes is airing a television ad that takes aim at lobbyists – and banks that receive federal bailouts.

But the former governor – the frontrunner for his party’s nomination – was himself a registered lobbyist in 2007.

And his state financial disclosure report says he owned stock last year in five banks that received more than $34 billion in bailout loans.

The stock he said he owned in them was worth about $654,000 as of Wednesday. Since late 2008, they have paid him dividends that may have totaled almost $23,000.

In his ad, Barnes says that, as governor, he’d make sure banks don’t foreclose on a home before there are negotiations.

“Bankers and their lobbyists got bonuses and bailouts, but you lost your home,” Barnes says in the ad as video shows a family being evicted.
Viewed against the backdrop of his investments, the ad drew sharp rebukes from other candidates.

The ad in question:

Rival candidates for governor, Democrat and Republican, were happy to pile on:

“This goes to the heart of credibility,” said Democratic state House Leader DuBose Porter. “He’s got little to none. It’s another example of what he says, as opposed to what he does.”

Ben Fry, campaign manager for former Savannah Republican State Sen. Eric Johnson, was equally blunt.

“This is just typical Roy,” Fry said. “He thinks his trial lawyer-funded TV ads and slick political double-speak can cover up the truth.”

The explanation from the Barnes camp:

Chris Carpenter, Barnes’ campaign manager, defended the candidate and his television commercial.

Carpenter said Barnes, an attorney, represented a client in a zoning dispute before the Atlanta City Council.

“He didn’t do any lobbying,” Carpenter said.

Barnes was unsure of whether the law required him to register, but he did so out of “an abundance of caution,” Carpenter said.

Later, the Georgia State Bar told him registration for such work isn’t required and Barnes hasn’t registered since 2007, Carpenter said….

Carpenter said Barnes’ investments should be viewed in a wider context.
“Roy,” he said, “has owned most of these stocks for years, well before the financial crisis, and most of them are currently at a loss.

“And despite owning these stocks, he still passed the toughest anti-predatory lending law in the nation.”

Barnes supported and signed legislation dealing with the issue.

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126 comments Add your comment

george byrd

May 28th, 2010
11:34 am

I trust Barnes to clean up the banks more than any of the other candidates. Roy passed tough banking regulation when he was Governor and Perdue and the GOP quickly gutted the legislation when they took over 8 years ago. Barnes is the ONLY candidate that will watch out for the little guy vs. the powerful and ruthless bankers. The GOP would let banks foreclose on Jesus Christ and it wouldn’t bother them a bit.

BobK

May 28th, 2010
11:35 am

Roy, we don’t believe what you SAY….because we know what you DID.

bob s

May 28th, 2010
11:55 am

Barnes speaks with forked tongue. Ask him about immigration. Stand back and watch the double speak.

Billy T.

May 28th, 2010
12:00 pm

Attention george byrd,

How dumb can you be…or do you work for King Roy.
Roy is a lying crook. He just happen to leave out how he has cashed in with his bank stock!
What a jerk…anybody but King Roy or the Ox Man!

King Roy

May 28th, 2010
12:02 pm

Vote for me…the crook everyone knows!
I will turn water into wine and make Georgia shine.

tc

May 28th, 2010
12:21 pm

yea, the repub candidates are paragons! whew! they are either too crooked or too dumb (although that fits in nicely with a good many georgians) to lead in office….

Raquel Morris

May 28th, 2010
12:31 pm

DuBose needs to get out the race. If he had done his job as House Minority Leader, Democrats would have half a chance of taking back the House.

Raquel Morris

May 28th, 2010
12:31 pm

DuBose needs to get out the race. If he had done his job as House Minority Leader, Democrats would have half a chance of taking back the House.

Don't want to vote anymore

May 28th, 2010
12:39 pm

Once again I don’t want to vote for ANY of the candidates. YOU ARE ALL CROOKED POS’S AND THE TIME WILL COME ONE DAY THAT THIS COUNTRY SEES IT TOO.

RetiredSoldier

May 28th, 2010
12:47 pm

Hey TC-

There you go again. To crooked or to dumb. Gosh I’m sooooo glad you are the sole paragon of truth. Yes I agree there are questions about some reublican candidates, as there are about Dems. None have been convicted of anything and as the paragon of truth I know you have heard of innocent until proven guilty.

Now the dumb part. Please give us the facts you have. IQ tests, etc oh the Repub candidates.

Mel

May 28th, 2010
12:52 pm

For governor, the honesty and effectiveness pick’ins look pretty slim on both sides.

JAMES

May 28th, 2010
12:54 pm

Booted Barnes once, boot him again

Mr. Grumpy

May 28th, 2010
1:02 pm

Barnes is going to win because the alternatives are untenable. John Oxendine???? Eric Johnson??? Karen Handel??? My God, Nathan Deal???? I don’t think so.

RetiredSoldier

May 28th, 2010
1:06 pm

Mr. Grumpy-

History has few examples of the those defeated for re-election returning to office. History will continue on that path with Roy Barnes defeat in November.

RetiredSoldier

May 28th, 2010
1:07 pm

TC-

That was “of” the candidates.

Aaron Burr V. Mexico

May 28th, 2010
1:15 pm

It is impossible to over estimate the intelligence of the GA voter.

They REELECTED Sonny Perdue.

The odds of a Republican winning are significant. Probably Oxendine.

Will Jones - Atlanta Jeffersonian Exegesis

May 28th, 2010
1:15 pm

Roy Barnes, Vietnam draft-dodging Mammon-worshipping philistine: his wife’s the “man” and all Georgians need do is look at the way he says “It’s only fair,” (27sec mark) to know with what “feather” he “flocks.” Guest lists for social events his backers host are filtered to prevent his actually coming into contact with those who don’t share his effete “Richmondese Castilian” “manner,” the same way draft-dodging, closet-queen George W. Bush is “shielded” from the shock of being around true Americans.

Demublican/Republicrat: the “bi-partisan” fascist plutocracy wins either way unless the People make its voice heard and power felt.

Carol Porter’s virtue and obvious worth as the next Lt. Gov. suggests DuBose Porter is the man for the governorship this time.

Ned Puddleman

May 28th, 2010
1:16 pm

Isn’t this the same Roy Barnes that wanted to use the police power of government take people’s homes for the Northern Arc? Talk about double speak and least the banks and lenders have a mortgage contract!

RetiredSoldier

May 28th, 2010
1:22 pm

Williebkind

May 28th, 2010
1:26 pm

My first question to Roy Barnes is,”Roy are you a democrat or a progressive liberal?”. If you are democrat, then you have a chance at my vote. If you are republican you have a chance at my vote. However if you are a progressive liberal, you have no chance in hell.

RetiredSoldier

May 28th, 2010
1:29 pm

That seems fair Wille. Since 97% of democrats are progressive liberals (my made up number) you’ll almost certainly vote republican. Glad to have you on board

Williebkind

May 28th, 2010
1:31 pm

Yeah it does seem that way RetiredSoldier.

RetiredSoldier

May 28th, 2010
1:34 pm

My motto has always been: Vote Early, Vote Often, Vote Conservative

kt

May 28th, 2010
1:43 pm

King Roy, at it again…

Plain and simple truth

May 28th, 2010
1:43 pm

Roy left the store in good shape.

Sonny burned it down.

Julie Camp

May 28th, 2010
1:47 pm

Remember what Roy Boy did to education!!!!!!!!!! He is scum and will always be scum!

Williebkind

May 28th, 2010
1:48 pm

Plain and simple truth

May 28th, 2010

Roy left the state in 1 billion in debt. Are those DNC numbers you are reading?

Williebkind

May 28th, 2010
1:49 pm

Julie Camp

May 28th, 2010
1:47 pm
I like it when a woman talks dirty.

David

May 28th, 2010
1:52 pm

Julie, I’m guessing you think the Republicans have done much better?

Republicans have used furloughs to drastically cut teacher pay, hampered our children’s ability to learn by saturating them with unnescessary standardized tests, and micromanaged educators to the brink.

Roy may have screwed teachers over, but at least he admits it. Sonny Perdue is robbing our educators blind to build horse barns and fishing docks and not blinking an eye.

Plain and simple truth

May 28th, 2010
1:55 pm

Even those who normally vote GOP will admit in November that their grip upon their ankles is simply too weak for another four years of bending over.

lmno

May 28th, 2010
1:55 pm

Please look at David Poythress’ resume and positions before you vote. I’m not saying to vote for him, but at least consider him.

His website gives a clear picture of his resume. Its extensive and he is not an extremist.

Williebkind

May 28th, 2010
2:00 pm

lmno

May 28th, 2010
1:55 pm
I heard that he has a good resume.

David

May 28th, 2010
2:02 pm

I thought about supporting Casey Cagle… but he got caught with his pants around his ankles and never got off the starting line.

JDW

May 28th, 2010
2:06 pm

I know this is about the Governor’s race, but Sam Olens is running for the second highest office of the State, Attorney General, and this article was published in the Marietta Daily Journal.
http://www.mdjonline.com/view/full_story/7724844/article-Power-Grab

RetiredSoldier

May 28th, 2010
2:14 pm

IMNO-

You need to tell your man he has a mistake in his commerical. He has his rank as Gen. That denotes he was a four star general when in fact he was a LTG or three star general. He does mention 3 stars in his tv ad, but having his rank wrong is very bad. Either he didn’t check the ad well or he is trying to mislead.

Anyone who misleads rank, awards, combat time, etc is rejected out of hand by most Vets. The democrat running for the senate in Conn. comes to mind.

lmno

May 28th, 2010
2:19 pm

Retiredsoldier, as I am not former military like yourself, I will just have to take your word for that ranking stuff. I know he was “Adjuct General” as the head of GA National Guard. He was Major General at one point. And LT. General.

I have not seen his commercial. I also do not know this man personally. I have never seen him or met him. I just think that a person with his qualifications deserves a fair shake at his candidacy.

From his website:

“David Poythress is a native Georgian. He was born and raised in Macon, where his father worked for the city water department and his mother was a school teacher. David attended Bibb County public schools and played football at Lanier High for Boys. David was raised in the Methodist Church, and the Poythress family was founding members of Riverside Methodist Church in Macon.

He attended Emory at Oxford, and earned his degree and his commission as an Air Force officer at “big Emory” in Atlanta. David served four years on active duty in the U.S. Air Force as a judge advocate officer (JAG.) He volunteered for duty in Viet Nam, and served one year as defense counsel and Chief of Military Justice at DaNang Air Base, in the Republic of Viet Nam.

David’s civilian career has included public service, military service, and private law practice.

Upon returning to civilian life, David held several positions in Georgia state government, including Assistant Attorney General, Deputy State Revenue Commissioner, and Secretary of State. During the 80’s, David practiced law in Atlanta, with concentrations in taxation and public finance. In 1992 he was elected statewide to the office of State Labor Commissioner, and he was re-elected in 1994.

David resigned as State Labor Commissioner in 1998 and ran for Governor of Georgia.

After leaving active duty, David remained in the Air Force Reserve, and attained the rank of Brigadier General. In 1999, then Governor Barnes appointed David Adjutant General – the commander of the Georgia Army and Air National Guard – in the rank of Major General. He was reappointed by Governor Perdue, who also promoted him to the rank of Lieutenant General – the first Adjutant General in Georgia history to wear three stars!

General Poythress has held several local and national leadership positions. He served as Vice Chairman of the Board of the National Guard Association of the United States, and is a member of the Board of Directors of Jobs for America’s Graduates. He served two terms as Chairman of the Board of the State YMCA of Georgia, and he previously served on the boards of Wesley Homes and the Atlanta Day Shelter for Women. David is a Rotarian and a Mason. He is a member of the American Legion, the Veterans of Foreign Wars, and the USO.

The General and his wife Elizabeth are members of Peachtree Road United Methodist Church. They have three grown children, and eight grandchildren

lmno

May 28th, 2010
2:22 pm

David Poythress also says he won’t take a salary as Governor until Georgia is under 7% unemployment. That says something to me.

RetiredSoldier

May 28th, 2010
2:25 pm

I’m sure all that is correct, and I don’t think he was trying to mislead on his commerical. But the mistake he made is not a small one for military types. JUst thought you would like to know.

Pompano

May 28th, 2010
2:25 pm

“Sonny Perdue is robbing our educators blind to build horse barns and fishing docks and not blinking an eye.”

Wow David – so how much money does the Educational System generate that is “robbed”? Typical that your group would attempt to lay claim to all the tax revenues of the state. It’s the Educators that have been the ones fleecing GA taxpayers all these years.

I’d rather see it spent on a dock (and I don’t even fish) than have it dumped into the black-hole school system budget.

Mr. Grumpy

May 28th, 2010
2:33 pm

Hey, Julie, be stupid like some other educators are right now, and vote against your own interest. Did Sonny Perdue help you at all…besides gutting the state’s education system? Why do you think Kathy Cox resigned? She publically disagreed with his plans to cut the budget more and got thrown under the bus by him, so she got out. He gave you furloughs and would have done anything to institute Eric Johynson’s vouchers plan so that the tax payer could foot the bill for someone else’s kid to go to a private school. Is that also in your best interest? Your complaint with Barnes is what? That he tried to remove incompetent teachers from the classroom? If you’re a good educator, you should applaud those kinds of efforts. There are very few teachers bad enough to be run out of the classroom, but the ones that are bad deserve to be run out.

So, vote for someione who either has no chance of winniong or wuill do even more to hurt your profession.

RetiredSoldier

May 28th, 2010
2:48 pm

I love liberals. If you disagree with them it is because you are stupid. When will liberals ever learn there is more than one opinion and that doesn’t mean a person is stupid. Unreal.

professional skeptic

May 28th, 2010
2:53 pm

RetiredSoldier
May 28th, 2010
2:48 pm

Ummm… It’s the Georgia Conservatives who are forcing each other to sign pledges before they’re allowed to run for office. Literally, in order to be Conservative in this state, you’re allowed to have only one opinion. You have to sign a pledge swearing never to deviate from the hive mentality, or you can’t run for office as a Conservative in the great state of Georgia.

Adrian

May 28th, 2010
2:54 pm

If we all voted for anyone but the “incumbent” could we do any worse than the clowns that represent us in State government? I’m ashamed to say that I actually believed them when I voted for them but no more; throw them all out and start over. I truly believe with my whole heart that a new, fresh batch in the State government – Republican or Democrat – with absolutely no prior experience, would do a better job than the idiots that call themselves “Senators” or “Representatives” (uh, “representing Who? What? I might add).
I would even pray for better governance but I thing the Good Lord is mad as hell, too.

RetiredSoldier

May 28th, 2010
2:57 pm

Skeptic-

Have you read the pledge? Or are you like Obama, Holder & Janet who comment negatively on th AZ law before they read the bill.

Please inform the blog what the pledge says.

Bobby Anthony

May 28th, 2010
2:59 pm

If you are an educator in Georgia and vote for Roy or a Republican then you probably are stupid. You do have a choice and his name is David Poythress. Galloway why are you reluctant to cover Poythress are you afraid he might have a chance when teachers cast their vote?

RetiredSoldier

May 28th, 2010
2:59 pm

P.S. Skeptic-

You mean republican don’t you, not conservative. Are you saying conservatives aren’t allowed to run as a democrat?

Bobby Anthony

May 28th, 2010
3:07 pm

Mr. Grumpy Barnes did far more than what you are saying. He tried to glut the Teacher Retiremaent System which was in excellent condition to bail out some of the recless spending which occured during his administration.

Williebkind

May 28th, 2010
3:15 pm

why has Thurmond not resigned from the Labor Commission if he is running for senator. Does he still get a state check?

Williebkind

May 28th, 2010
3:17 pm

RetiredSoldier:
What really gets me peeved is for a liberal to run for public office disguised as a moderate republican. Deception from the start.

RetiredSoldier

May 28th, 2010
3:20 pm

whom are you referring to willie?