“Mr. Pearce was successful, nobody can be successful in life without cheating somebody (expect the democrats of course)…blah, blah, blah”

maybe somebody's jealous of Mr. Pearce's success?

What's funny is I doubt you've exerted ANY energy into investigating Mr. Teague's financial success.

The problems of having to be rich to run for congress are indicative of a far deeper problem in this country. The international corporate campaign donors will continue to find ways to influence legislation that is bad for small business and regular folks (incomes between 40-80k). That's are biggest problem.

The “Cap and Trade” and other large corporation bailouts that Harry Teague voted for will not help him convince 2nd CD voters that he cares about the “little people”. At least Pearce stood against the tide and voted against the ridiculous “large corporate” bailouts. The last thing this country needs is a “rubber stamp” for the “run away”, out of touch agenda we are currently experiencing. I wanted “change” but not like this.

“Mr. Pearce was successful, nobody can be successful in life without cheating somebody (expect the democrats of course)…blah, blah, blah”

maybe somebody's jealous of Mr. Pearce's success?

What's funny is I doubt you've exerted ANY energy into investigating Mr. Teague's financial success.

“Mr. Pearce was successful, nobody can be successful in life without cheating somebody (expect the democrats of course)…blah, blah, blah”

maybe somebody's jealous of Mr. Pearce's success?

What's funny is I doubt you've exerted ANY energy into investigating Mr. Teague's financial success.

“Mr. Pearce was successful, nobody can be successful in life without cheating somebody (expect the democrats of course)…blah, blah, blah”

maybe somebody's jealous of Mr. Pearce's success?

What's funny is I doubt you've exerted ANY energy into investigating Mr. Teague's financial success.

The problems of having to be rich to run for congress are indicative of a far deeper problem in this country. The international corporate campaign donors will continue to find ways to influence legislation that is bad for small business and regular folks (incomes between 40-80k). That's are biggest problem.

The “Cap and Trade” and other large corporation bailouts that Harry Teague voted for will not help him convince 2nd CD voters that he cares about the “little people”. At least Pearce stood against the tide and voted against the ridiculous “large corporate” bailouts. The last thing this country needs is a “rubber stamp” for the “run away”, out of touch agenda we are currently experiencing.

By the way the SEC should take a look at Mr. Pearce's sale of his Lea Fishing Company.

There is a lot of questions that former Congressman Pearce should explain about the Lea Fishing deal . As reported – “Rep. Pearce was the president of Lea Fishing Tools from which, in 2002, he drew a salary of $277,352 and held stock worth between $1 and $5 million. In the fall of 2003, Rep. Pearce sold the company’s assets to Key Energy, in exchange for 542,477 shares of the company's common stock. The value of the stock at the time was $5.2 million. During an October 29, 2003 conference call, however, the president of Key Energy said Lea Fishing Tools was purchased for $12 million. Rep. Pearce failed to report the transaction on his 2003 Federal financial disclosure report, and the $6.8 million discrepancy remains unresolved. In his 2003 report, Rep. Pearce indicated only that he was the president of Trinity Industries, Inc. “F/K/A Lea Fishing Tools, Inc.” and that he held between $5 and $25 million of stock in the company. Given that all of Lea Fishing Tools’ assets were transferred to Key Energy, it appears that Trinity Industries may be a holding company for all the Key Energy stock, but this is unclear.” There is this $6.8 million discrepancy.

There was a class action after the acquisition of Lea Fishing by Key Energy. It is not just a matter of Key Energy not filing an annual report for accounting reasons
The complaint charges Key Energy and certain of its officers and
directors with violations of the Securities Exchange Act of
1934. Key Energy is the world's largest rig-based, onshore well
service company. The Company provides diversified energy
operations, including well servicing, contract drilling,
pressure pumping, fishing and rental tool services and other
oilfield services.

“The complaint alleges that during the Class Period, defendants
misrepresented the strength of Key Energy's financial results.
Throughout the Class Period, defendants repeatedly stated that
Key Energy's financials were strong and improving and that it
had strengthened its competitive position to benefit once market
conditions improved. In fact, the Company's financial statements
were materially misstated and not nearly as favorable as
reported. As a result of defendants' misstatements, Key Energy's securities traded at artificially inflated levels. Defendants were thus able to complete a $150 million note offering in May
2003 and to exchange 542,477 shares of Key Energy stock in the
acquisition of Lea Fishing Tools, Inc. in September 2003.

On March 15, 2004, Key Energy announced it would delay filing
its 2003 Form 10-K so that it could review the classification of
fixed assets during 2003. Later, on March 29, 2004, Key Energy
announced it would be taking write-downs of $83 million to
reflect good will impairment and would restate its prior year's
financial statements. Then on June 7, 2004, before the market
opened, Key Energy announced it was withdrawing earnings
guidance for 2004. The Company also disclosed that if it failed
to obtain a waiver for its default on its senior notes, it would
be in default. On this news, the Company's stock collapsed to as
low as $7.00 per share before closing at $8.67 on volume of 13.9
million shares. This was a 37% drop from a high of $13.96.”

It appears that former Congressman Pearce might have had prior knowledge of the Key Energy situation. What happened to the Key Energy stock Pearce had in his possession after the Lea Fishing deal? He never adequately explained this whole matter during his Senate campaign.

It would be so nice for him to explain all this to New Mexicans before he talks about freedom and liberty and drapes himself in the American flag. We New Mexicans have a right to know. This will clear the air for Mr. Pearce, the self-proclaimed “freedom fighter” of the United States!!!!!!!