Friday, December 12, 2008

RINO Cox selling interest in conflict of interest

RINO/Rep/Dr. Doug Cox said Friday he is selling his part-interest in two nursing homes after receiving criticism for his ownership.

"I didn't like being accused of conflict of interest," Cox said.

(But Doug,
it was a
conflict of interest
LOL)


Cox owned 25 percent interest in a 29-bed nursing home at Fairland and a 60-bed facility at Kingston.

Last session, Cox was criticized when he stripped a clause from a bill that called for $250,000 worth of mandatory insurance provided by nursing homes.

The lawmaker said his pulling the clause was not a conflict of interest because the requirement would have impacted all nursing homes, not only his.

Cox said he is selling the homes in a lease-purchase agreement. He had hoped to sell the centers outright, but because of the economy, it had to be done by lease-purchase, he said.

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