GOP Presidential Contender George Allen Under Fire for Owning Plan B Stock
by Steven Ertelt
August 9, 2006
Washington, DC (LifeNews.com) — A possible Republican presidential candidate in 2008 is coming under fire for owning stock in the company that makes the morning after pill, which may sometimes cause an abortion. A Virginia pro-life group says Sen. George Allen, a U.S. senator there, should sell the stock.
Allen is one of several potential presidential candidates who opposes abortion but a spokesman for the Virginia Family Foundation says its wrong and ironic that he owns shares of stock in Barr Laboratories, which makes the Plan B drug.
Chris Freund, the group’s policy director, told the Washington Post, "Given his pro-life record, I think pro-life Virginians would be very confused by this decision to invest in the only producer of the morning-after pill."
"I think the issue of the morning-after pill really goes to the heart of the abortion debate, and for a lot of pro-life Virginians, this is the issue of the day," he said.
While it mostly works to prevent conception, some pro-life groups say, if taken too late after sexual intercourse, that the drug can also work as an abortifacient by preventing the unborn children from implanting into her mother’s uterus to continue the rest of the pregnancy.
Others say the drug does nothing to reduce pregnancies and that abstinence should be promoted to help lower pregnancy and abortion rates.
The FDA announced today that it has reached a deal with Barr to sell the drug over the counter to women over the age of 18.
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.