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Frist: Stock Probe May Affect 2008 Plans
ap on Yahoo ^ | 10/23/05 | JAMES BELTRAN - ap

Posted on 10/23/2005 11:01:24 AM PDT by NormsRevenge

DES MOINES, Iowa - Senate Majority Leader Bill Frist says a federal investigation into his sale of stock in a family-owned hospital chain will affect his decision on whether he will seek the presidency in 2008.

Frist, R-Tenn., said Saturday during a visit to Iowa — site of the nation's first presidential caucuses — that he has not lost the public's trust and wants people to "wait for the facts before passing judgment."

Before speaking at the Iowa GOP's annual fundraising dinner, Frist told reporters that his visit does not confirm any presidential aspirations. "I've been to Iowa many times," he said.

The Securities and Exchange Commission is investigating Frist's sale of millions of dollars of stock in HCA, the Nashville-based hospital chain founded by his father and brother. The sales were completed by July 1, two weeks before share prices fell by 9 percent. Frist has denied he acted on insider information.

Frist defended Supreme Court nominee Harriet Miers, saying he is confident that President Bush's White House counsel will be confirmed and will display the same ideals as the GOP. Miers has been criticized for her lack of judicial experience.

"I don't want people to start throwing either allegations or bombs ... until they really know who Harriet Miers is," he said.

"No, she didn't go to Harvard, she didn't go to Yale, like most of the justices up there," Frist said. "But she's the sort of person that has had real-life experiences."


TOPICS: Crime/Corruption; Government; Politics/Elections; US: Tennessee
KEYWORDS: 109th; 2008; affect; frist; frist2008; plans; probe; stock

1 posted on 10/23/2005 11:01:25 AM PDT by NormsRevenge
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To: NormsRevenge

Frist is delusional. What with his stewardship of the judicial nominees he is toast. President? ya gotta laugh.
Well if he uses this as an excuse so be it, better then being embarassed.
Hey bill, go walk a dog if you can find someone that would trust you to do it without screwing it up. Ya boob.


2 posted on 10/23/2005 11:09:45 AM PDT by Joe Boucher (an enemy of islam)
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To: NormsRevenge

Good...Just go away Frist.


3 posted on 10/23/2005 11:10:54 AM PDT by cynicom
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To: cynicom; NormsRevenge
I just wish conservatives and the GOP would obey the 11th commandment.

Frist may not be perfect, but I'll be damned if I would aid and abet the dummycrats in tearing him down.

This stock deal is a non starter. Senate ethics rules allow the sale of stock to avoid a conflict of interest. The CoI was the pending Medical/Tort reform legislation. I didn't hear outrange when J F*%king Kerry sold his stock last year.
4 posted on 10/23/2005 11:17:37 AM PDT by Perdogg ("Facts are stupid things." - President Ronald Wilson Reagan)
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To: NormsRevenge

Maybe Frist can actually start doing a better job with the position he now holds!


5 posted on 10/23/2005 11:25:56 AM PDT by OldFriend (David Gelernter ~ American Patriot)
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To: Perdogg

Frist has been a non person in leading the Senate...How does one hope to become president with his record.


6 posted on 10/23/2005 11:35:57 AM PDT by cynicom
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To: cynicom

I am not disagreeing with you about that.


7 posted on 10/23/2005 11:38:31 AM PDT by Perdogg ("Facts are stupid things." - President Ronald Wilson Reagan)
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To: NormsRevenge

It's funny - I interpret this to mean that he may have lost faith in the media to act in anywhere near fair manner, and may be concluding that he just does not need the aggravation.

The whole stock thing is a non-starter, yet gets attention from supposedly serious people. He is probably wondering how many other equally harmless things he has done in the past will be spun into insanity by a conspiratorial media that is out of control.

I could not fault this conclusion. The next Republican President is going to need to be someone driven inside to do the best for this country. Otherwise there really is no reason to bother.


8 posted on 10/23/2005 11:39:09 AM PDT by Mr. Rational (God gave me a brain and expects me to use it)
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To: Mr. Rational

So many RINO's so little time yawn! Is there any hope for a pro defense,pro 2A, anti sell your sovereignty to Mexico, true conservative to even run in the primary


9 posted on 10/23/2005 11:46:28 AM PDT by vrwc0915
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To: Perdogg
Frist may not be perfect, but I'll be damned if I would aid and abet the dummycrats in tearing him down.

You're exactly right. Repubs like to eat their own.

10 posted on 10/23/2005 12:03:10 PM PDT by Siena Dreaming
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To: vrwc0915

I actually think Bush did a good job of keeping himself electable last time around.

A true conservative is unelectable in the current climate.

Remember - 50% of people already don't pay Fed income taxes.

The american electorate is just plain not responsible. They prefer not to think.


11 posted on 10/23/2005 1:37:47 PM PDT by Mr. Rational (God gave me a brain and expects me to use it)
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To: cynicom

Mr. Charisma looks and speaks like an undertaker.


12 posted on 10/23/2005 1:43:27 PM PDT by csmusaret (Urban Sprawl is an oxymoron)
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To: csmusaret

Digby O'Dell the friendly undertaker... You are correct.


13 posted on 10/23/2005 2:06:03 PM PDT by cynicom
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To: Joe Boucher

At least he can go back to his day job.


14 posted on 10/26/2005 8:15:10 AM PDT by notigar
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To: cynicom

I'd rather have Coburn as Senate Majority Leader and Pence as Speaker of the House...if it were up to me.


15 posted on 10/27/2005 1:55:10 PM PDT by RockinRight (I was conservative at 20. Does that make me heartless?)
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