Senator Allen & Stock in Plan B Contraception/Potential Abortifacient

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Via Life News:

Allen defended his stock holdings in an interview with the Post on Tuesday. He said he has no plans to sell the stock and said voters should focus on his voting record.

"Look at the way I vote," he said.

According to the National Right to Life Committee, Allen has a 100 percent pro-life voting record dating back to 2001, his first year in the Senate. He's voted against abortion, euthanasia, and embryonic stem cell research.

According to the Post, Allen bought the stock in January 2004 and the value of it is somewhere between $1,000 and $15,000.

Previously Allen indicated he supported the company because of its work on the issue of breast cancer. When he was the governor of Virginia, he helped bring a company plant to the state, which now employs 300 people.

"I very much like them," Allen said, according to the Post. I don't use their products, but it's a good company that works hard in the community."

Allen may likely face more questions on the Barr stock as the presidential primaries come closer and candidates vie to appeal to pro-life advocates, who make up the strong majority of Republican primary voters.

Kilo over at Spark it Up shares his perspective:

This is a non issue to me. I look at Sen Allen's voting record not his portfolio. I am sure the Webb campaign wants this to be an issue after Webb was outed for owning over $100,000 in Exxon stock while damning the big oil companies with every breath. While Barr makes a plan B pill, they also make a hundred other useful drugs that save lives or improve the quality of life for many people. Can Exxon say the same? Barr Labs also has a factory in Bedford, Virginia that employs 300 people.

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5 Comments

Moderate 5-19 said:

Well this is an issue for me. (Not that I needed a reason to vote against Allen), but I don't think it is "just fine" to make a profit off of abortions just because you oppose them with a voting record.

A term we have all heard before applies here,

"Put your money where your mouth is"

Sophrosyne said:

I agree up to a certain point... I think the situation would be more as you present it if Barr was the equivalent of Planned Parenthood or NARAL, but it isn't. It is much more of a grey area and I frankly don't know enough about the company to make a comprehensive judgment. I suspect it would be much better if Allen didn't own the stock but it is less hypocritical (if there is such a thing) than the Webb-Exxon situation b/c Exxon deals exclusively in the realm of "Big Oil" (criticized by Webb) and Barr is not exclusively focused on Plan B (which can induce abortion which Allen on some level criticizes). They offer many more products that presumably could have attracted Allen’s investment. The subject of Allen’s issue (abortion) is not exclusively linked to this investment while Webb’s is. Just trying to explain how I compare the two… there is still no excuse for investing in this company that produces such a drug (IMHO).

That said... when the choice is Webb vs. Allen and Allen has a rock solid voting record (which is what we are electing him to do-- vote), pro-lifers must choose Allen. It will be interesting to see how this plays out. I look forward to learning more.

Moderate 5-19 said:

Soph,
Hate to admit it but you make good points. As I said above I am no fan of George Allen, so perhaps is am quick to judge.

zimzo said:

While you're furiously making excuses for George Allen, you might want to work on an excuse for this:

http://atrios.blogspot.com/2006_08_13_atrios_archive.html#115558391603752713

which you can also read about here:
http://www.washingtonpost.com/wp-dyn/content/article/2006/08/14/AR2006081400589.html

and here's Allen's lame explanation:

http://atrios.blogspot.com/2006_08_13_atrios_archive.html#115558801832716030

Zimzo - heh, yeah they really nailed George Allen with that one. The guy's following the Allen campaign shooting video for the Webb campaign, and Allen makes fun of the guy, and he hurts the guy's poor little feelings.

Oh, I guess now that Webb is a Democrat his motto would no longer be "Born Fighting" but rather "Born a Victim."

Or "Born Aggrieved." Yeah, that has a nice ring to it.

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