newsobserver.com projects - Sara Lang - Comments

Re: Fed can borrow from us, Moore says

bellaparola — Fri, 26 Sep 2008 11:40:55 -0400

I have admired Richard Moore and agree that he is smarter and understands the economy and most other things better than many of our "leaders." But this little boasting joke apparently made in his incessant quest for national media attention isn't even a little funny to me.

Questions for the Treasurer:
Shall we get ready to add the capital H to hubris?
Are you familiar with the frequent payoff to those who display it, especially in such a gloating fashion?
"I'll loan them the money" - oh really, will you? All by yourself? Do you remember whose money that actually is?

Re: Only idiots loan other idiots who believe in Paper Currency

dahedgehog — Thu, 25 Sep 2008 21:19:27 -0400

ConMax, let me know next time you have a kid. When it happens, I'll make sure to invest in Reynolds Wrap...something tells me that tin foil sales will be going up.

The deficit, as measured by % of GDP, is nowhere near record levels. Chill.

Only idiots loan other idiots who believe in Paper Currency

ConMax — Thu, 25 Sep 2008 19:51:44 -0400

Fed can borrow from us, Moore says

Paper Currency BS! Moore should be moving all of the state funds into Bullion Gold and Silver and stashing it with the State National Guard under a Secure unused Bank Vault with orders to shoot the first government idiot that even comes close to it. The last place one wants to do is invest in failed government that is totaly out control......Mr Moore, take your Tin Foil Fabin school of economics and shove it up Lord Mayard Keynes worthless toilet paper rear.......

Well said.

James_Protzman — Thu, 25 Sep 2008 17:59:42 -0400

I also wish we had him in the US Senate right now. Richard has more knowledge about the nation's financial situation in his little finger than Liddy Dole and Dick Burr have in both their brains.

Re: Fed can borrow from us, Moore says

captsfufp — Thu, 25 Sep 2008 14:10:42 -0400

I know someone was taping the event, so I wish I could have the video, but Treasurer Moore gave a great extemporaneous speech on Tues night about the current economic crisis at the Campbell Law Professionalism Dinner in Raleigh. He not only methodically explained how the crisis occurred, but managed to pinpoint the individual events which led to it, and how he ensured NC would not be in the same boat.

He also advised the audience, comprised of judges, lawyers, professors, and students, about what they could do in their own financial lives to ensure their success/survival (Basic, but good advice: 1) Keep good credit and 2) Diversify).

I voted for Bev Perdue in the primary, and I know she'll make a great governor, but Mr. Moore showed he is the right man in the right job at the right time for North Carolina. I hope he continues to share his thoughts with all North Carolinians about the current financial crisis.

Re: SEANC ad pushes pension bill

jjsmith2 — Tue, 24 Jun 2008 22:15:54 -0400

In a down turned economy it is to be expected with large pension funds such as ours. Before SEANC rings the bells of knee-jerk reaction they should compare it to other pension funds and get a grasp of the financial markets. This does not include their amateur day trading either.

The fact remains, the North Carolina pension fund is one of the best performing pension funds in the country. What more can you ask for.

Re: SEANC ad pushes pension bill

TM — Tue, 24 Jun 2008 21:57:51 -0400

SEANC seeks accountability with its proposal. State employees pay into the retirement fund and only wish to protect it. A $4 billion dollars loss is unacceptable.

Re: SEANC ad pushes pension bill

jjsmith2 — Tue, 24 Jun 2008 20:46:22 -0400

So in other words, people who have no idea how to invest billions of dollars.

That's exactly who I want to serve on the board. SEANC is a joke.

Re: SEANC ad pushes pension bill

DustinIngalls — Tue, 24 Jun 2008 16:28:47 -0400

This is just part of SEANC's petty sniping at Moore.

Re: SEANC ad pushes pension bill

ryanteaguebeckwith — Tue, 24 Jun 2008 16:10:40 -0400

For now, the bill calls for a board of appointees named by the governor and the heads of both chambers. They would represent different groups the pension covers, including teachers and state workers.

— RTB

Re: SEANC ad pushes pension bill

jjsmith2 — Tue, 24 Jun 2008 16:07:14 -0400

Who would serve on this oversight board? Would they at least be financial analysts, or would they just be government appointees?

SEANC needs to follow the old axiom: If it ain't broke don't fix it.

Re: SEANC takes case to the papers

motoman54 — Mon, 18 Feb 2008 22:00:17 -0500

As a dues paying SEANC member and EMPAC contributor I was wondering if any other SEANC members, Retirees and or State Employees might have some of the same questions that I have concerning the recently filed law suit by SEANC directed toward the NC Treasure’s Office regarding public records and the full page ad that SEANC ran. Since the SEANC Blog has been removed and there is no SEANC intra e-mail system available to reach the rank and file members it is difficult to communicate with other SEANC members for their opinions. I believe that this SEANC leadership has stated their position, I just wanted to here from the people they represent. I will include my e-mail address at the end of the question list. Please be respectful in your replies.

1) Let’s say the SEANC 12 get all of the documents they are looking for. How will they use them to better protect the NC retirements funds?
2) Do we still have the second strongest retirement fund in the nation?
3) Under the current Treasurer’s care how much has the investment strategies returned or lost?
4) How much has the Treasurer paid investment firms to reap these gains or losses?
5) How much did the SEANC 12 spend to run this ad? I have read estaments ranging from $16,000 to $37,000. If so; this would have made a great payment on the $600,000 SEANC mortgage or to help build up the SEANC reserve account. Can the members see the invoices?
6) How much will the law suit cost? Who is going to pay for the law suit?
7) Since the current Treasurer is running for Governor shouldn’t all campaign donations be recorded with the Board of Election?
8) Has any laws been violated by Treasures office that might put our retirement funds at risk?
9) Does anyone else believe this may be politically motivated or is it a coincident that the ad came out on the same day the Lieutenant Governor made her bid for Governor official?

I have not seen the answers to all of these questions on the SEANC web page.

http://www.seanc.org

I may have missed them. I will keep on looking for them until I find them.

Sincerely,
Bob Hite SEANC District # 3 member
e-mail = seanc_d3_bobhite@yahoo.com

Re: SEANC takes case to the papers

liam — Wed, 13 Feb 2008 13:48:41 -0500

I've been watching Perdue amass this laundry list of endorsements over the last months thinking to myself, do any of these have any effect at all? Unless these guys start breaking out their wallets, CWA in particular, I don't think all the time and energy spent cultivating these groups will pay off for Perdue.

Although, this action by the State Employees makes me think twice. $7,000 isn't much in this race, but it indicates a willingness to spend which should make Moore's campaign nervous.

Re: Moore mum on Highway Patrol scandal

ryanteaguebeckwith — Tue, 25 Sep 2007 19:52:04 -0400

Comment deleted for profanity.

— RTB

Re: Moore mum on Highway Patrol scandal

FFC1304 — Tue, 25 Sep 2007 19:44:00 -0400

Richard Moore is a pretty boy CREEP!