Amar Alexander Finances
Amar Alexander Finances
Lamar Alexander: Inexplicable Enrichment
Few politicians are as accomplished as Lamar Alexander, currently Tennessee’s Senior Republican Senator. Lamar Alexander presents himself as Tennessee’s working man, political outsider. For years, he has worn a plaid shirt during campaigns to show his working class status. This ideal Tennessean has even played piano at the Grand Ol’ Opry (Holznagel). While his political concerns may or may not be valid, there is no question that Lamar has used his influence to create vast wealth for himself. This “working man” has been involved in politics since the young age of 27, and is heavily connected with some of Tennessee wealthiest families.
Andrew Lamar Alexander was born July 3rd, 1940 in Maryville, Tennessee, the town he grew up in. The Alexander family has been in Tennessee for 7 generations. Lamar received a B.A. from Vanderbilt in 1962 and a J.D. from the New York University School of Law in 1965. He worked for Tennessee Senator Howard Baker after graduating. He met his wife, Honey, during this time, the where married by 1969. In the late 1970’s Lamar would walk nearly 1000 miles across the state of Tennessee while campaigning for governor. This is where Lamar introduced his “working man’s” red and black plaid shirt, which he wore during the entire walk to symbolize he was no better than anyone else. The stunt worked, as Lamar became the states Governor for
two terms (1979-1987). After his Governorship, Lamar and his family went to Australia for six months. During that time Lamar wrote the book Six Months Off. Lamar would then go onto be the President of the University of Tennessee-Knoxville. He was chairman of President Reagans Commission on Americans Outdoors and the National Governors Association and the Secretary of Education from 1991-1993 under President George H.W. Bush. In 1996 and 2000 Lamar got out the flannel and ran for president. This time the plaid was not nearly as effective; as republican Bob Dole won the parties’ nomination in 1996 and George W. Bush won the nod in 2000. In 2002, Lamar Alexander became the first Tennessean to be elected Governor and Senator. Senator Alexander in a member of several committees’s including the budget committee, the committee of energy and natural resources, the foreign relations committee, the committee of health, education, labor, and pensions, and the committee for the aging(alexander.senate.gov).
Lamar would have you believe that he’s a working man fighting off the evils of the world in his lumber jack shirt. On further research, Lamar’s presidency of the University of Tennessee was conceived under questionable circumstances. The trustees that elected him where mainly people he appointed to their posts when he was Governor(realchange.org). While he is University president, the University spends $64,626 entertaining people at Blackberry Farms, a resort in which the Alexander’s own a one-third interest (realchange.org). On Alexander’s official web page (and in several interviews) he boasts of helping create Corporate Child Care, Inc, the nation’s largest workplace child care provider. Upon examining Corporate Child Care, Inc.’s records tell
a different story, Alexander invested $5,000 into the young company while Jack Massey, a founder of the first for-profit hospital chain: Hospital
Corporation of America (which he founded with Bill Frist’s father), invested 2 millions dollars into the company. Jack Massey and Lamar Alexander have a very interesting relationship. In 1988, Massey paid Alexander $44,000 in consulting fees, The Jack Massey School of Business (at Belmont University) paid Lamar $100,000 in 1988, and an undisclosed sum in 1987, to create a “leadership institute” there (realchange.org), and Lamar’s $5,000 investment in Corporate Child Care ballooned to a value of $800,000 in four short years(Ireland 517). In 1991, Whittle Communications, a company that sells a cable news program to schools, purchased the Alexander’s home for $977,500. Lamar had purchased the home only a year before for $400,000. It should be noted that Lamar was the Secretary of Education at this time. Whittle Communications also “sold” Alexander stock for $10,000 but didnt cash his check until years later, when they made a deal to sell part of the company for $185 million. Whittle Communications then purchased the stock back for $330,000. Whittle Communications has also paid Lamar $125,000 for being a consultant (realchange.org).
Governor Alexander also had questionable motives for privatizing Tennessee prisons in 1985. Lamar’s wife, Honey, invests $8,900 in the company: