Big Numbers from Stapleton for Treasurer

Any idea what Cary's numbers look like? n/t

"It takes no compromising to give people their rights. It takes no money to respect the individual. It takes no survey to remove repressions."
- Harvey Milk

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by: J-Rock @ Tue Jul 14, 2009 at 20:58:10 PM UTC

MAH is going to be a great director instead

"I am severely conflicted in the best way," he writes. "Deep down in my heart, I know I would do a tremendous job as a state treasurer - empowering TABOR, re-shuffling our investment portfolio, and getting a monorail system built with little taxpayer involvement...However, the idea of becoming a great film director...could not be more attractive. If I could do both, I would love to - it's all a matter of decisions."

http://www.westword.com/2009-0...  

"There are a lot of reasons not to elect me." Mitt Romney in a moment of clarity

"I'm Mitt Romney and yes, Wolf, that's also my first name," Willard Mitt Romney demonstrating 'policy flexibility.'  

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by: ClubTwitty @ Tue Jul 14, 2009 at 21:02:10 PM UTC

Yo Twitty

We'll have some room for background actors if you're interested?

:)

TABOR4LIFE

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by: Muhammad Ali Hasan @ Wed Jul 15, 2009 at 08:13:11 AM UTC

[ Parent ]

Sure, let me know when you need a raving lunatic and I'm in...

Seriously, good luck Ali.  You bring some real personality to our fair state.


"There are a lot of reasons not to elect me." Mitt Romney in a moment of clarity

"I'm Mitt Romney and yes, Wolf, that's also my first name," Willard Mitt Romney demonstrating 'policy flexibility.'  

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by: ClubTwitty @ Wed Jul 15, 2009 at 13:20:42 PM UTC

[ Parent ]

Happy to do it, brother

Always good chatting on here too - good to see a fellow Western-Sloper as an editor here

TABOR4LIFE

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by: Muhammad Ali Hasan @ Wed Jul 15, 2009 at 13:52:54 PM UTC

[ Parent ]

Why care?

Cary Kennedy is great, but honestly, state treasurer is one of the least powerful jobs, carrying the most minimal room for partisan political game in the state, despite involving considerable political and personal liability risk if you do something wrong.

This job could easily be done by a senior civil servant.  There is very little policy making involved.

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by: ohwilleke @ Tue Jul 14, 2009 at 21:40:49 PM UTC

Because of what Treasurer leads to

Remember, State Treasurer has traditionally been a stepping stone to Governor in Colorado. This race is important not necessarily for who does the job in 2010, but where that person will be in 2014. Both Kennedy and Stapleton would be at the top of the list for Governor in 2014 if they won.

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by: Colorado Pols @ Tue Jul 14, 2009 at 22:49:28 PM UTC

[ Parent ]

I disagree

The Treasurer manages our State's portfolio which puts that person in a position to allocate state funds into safer and more secure investments thus lessening the states overall loss' with the economic downturn.

The Treasurer is also on the board for PERA.  Considering how much money they have lost over the past couple years without any leadership from Cary Kennedy to fix the problem, we as taxpayers will bear the responsibility to bail them out.  IT is time for new leadership within that office.

We all tout the importance of having "real world" experience with our candidates and it seems to me by reading Stapleton's bio he would be very well suited to run the State Treasury.

At first glance this looks very promising.

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by: The Angry Trucker @ Tue Jul 14, 2009 at 21:59:16 PM UTC

Congratulations

you are now officially the first person on this blog to blame Cary Kennedy for the worldwide financial crisis. You win a prize!

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by: redstateblues @ Tue Jul 14, 2009 at 22:03:24 PM UTC

[ Parent ]

Maybe she can't count!

Her self-proclaimed goal was 100k for the quarter yet she barely raised 60.  Explains a lot about her goals for the state and crappy performance reality.  Walker Stapleton outraised her 2 to 1 with the most raised EVER in a quarter for this office.  Clearly Republicans are ready to back someone who can win and will do the job well.  Independents too.  And I'll bet even Dems.

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by: marysmith @ Thu Jul 16, 2009 at 00:44:36 AM UTC

[ Parent ]

Her self-proclaimed goal was 100k for the quarter

You have a citation for that? I'm just curious, not challenging its veracity.  

A leader on the battlefield can be a leader in Congress. -- redstateblues

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by: RedGreen @ Thu Jul 16, 2009 at 01:48:18 AM UTC

[ Parent ]

Her total raised goal was $100,000... and she hit that goal.

This is based on one of the campaign blast e-mails.

Kennedy can count.  I think Mary may have some trouble reading though ;-)

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by: 1234Denver @ Thu Jul 16, 2009 at 02:31:52 AM UTC

[ Parent ]

Thanks for that.

Cary Kennedy, election cycle to date:

$101,363.00

give or take a couple hundred non-itemized, returned and in-kind.

Sounds like Mary Smith has got some 'splainin' to do. Either she can't add or she's just making things up -- which is it?

A leader on the battlefield can be a leader in Congress. -- redstateblues

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by: RedGreen @ Thu Jul 16, 2009 at 03:59:23 AM UTC

[ Parent ]

Stapleton real world experience?

His real world experience is owning a couple of properties in the Sonoma Valley through a family trust.

He pays himself almost 330k a year in a company that earns only $580k despite only being a 10% shareholder of the publicly traded company.  

The real estate has a cap rate of 3% which is not a good commercial real estate return.  He would be fired in the real world for a Cap rate like that.

He is fortunate of two things: though the company is "public," his family owns 70% of it--which means he can't be fired and 2nd, that he's rich enough to be able to waste money--unfortunately if he is treasurer that state doesn't have money to burn.

I think we've all had enough of Bushes using family connections to parlay their mediocre business experience in to intolerable government failure.

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by: Doppleganger @ Tue Jul 14, 2009 at 23:11:46 PM UTC

[ Parent ]

Wow

Interesting to see the depth of the oppo research there, Dopple. I guess we now know what the talking points will be.  

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by: It's Me @ Tue Jul 14, 2009 at 23:36:25 PM UTC

[ Parent ]

Run on home to Colorado Pols, Dopple

Your facts are dead wrong, loser.  When you have the courage to write in your own name come on back.  Until then don't bother slinging mud from your hole.

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by: marysmith @ Wed Jul 15, 2009 at 00:04:20 AM UTC

[ Parent ]

Your post makes no sense

he's posting on Colorado Pols, where you tell him to go, then tell him (and 4/5 of the posters here) to leave.  I hope you are not on Mr. Stapleton's payroll, or rather I do.  

"There are a lot of reasons not to elect me." Mitt Romney in a moment of clarity

"I'm Mitt Romney and yes, Wolf, that's also my first name," Willard Mitt Romney demonstrating 'policy flexibility.'  

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by: ClubTwitty @ Wed Jul 15, 2009 at 01:20:04 AM UTC

[ Parent ]

Dopple is PROGRESS NOW plant, not Pols - SORRY!!!!!

 Good point!  My bad.  xo to twitty for pointing that out  

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by: marysmith @ Wed Jul 15, 2009 at 01:36:46 AM UTC

[ Parent ]

And you are a Walker Stapleton Plant...

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by: 1234Denver @ Thu Jul 16, 2009 at 02:33:19 AM UTC

[ Parent ]

Plant?? LMAO!

You liberal conspiracy goobers crack me up.  I'm a donor to his campaign which hardly makes me a "plant" - that's the best part about not hiding behind some loser handle like 1234Denver (not that creative, btw); anyone can simply check the filings.  

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by: marysmith @ Thu Jul 16, 2009 at 17:09:36 PM UTC

[ Parent ]

the lady's got a point there

TABOR4LIFE

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by: Muhammad Ali Hasan @ Thu Jul 16, 2009 at 23:40:30 PM UTC

[ Parent ]

Doubt she's on his payroll...

He doesn't have much left over after he pays himself if doppel's numbers are right.....

"Corporations are people, my friend... of course they are."  Willard M. Romney  

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by: Arvadonian @ Thu Jul 16, 2009 at 13:39:35 PM UTC

[ Parent ]

or is it Huff (as in I Huff, and Puff...)

see above.

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by: marysmith @ Wed Jul 15, 2009 at 00:06:17 AM UTC

[ Parent ]

Way to not answer the question

I take it Dopple's points are legit as you're not trying to refute them...

No trees were destroyed in the posting of this comment. But a large number of electrons were horribly inconvenienced.

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by: DavidThi808 @ Wed Jul 15, 2009 at 03:18:51 AM UTC

[ Parent ]

Is a low profile state election

a good way to choose a fund manager for a pension and other state investments?

My understanding is that progressives made the position elective primarily to reduce the ability to the Governor to engage in corrupt looting of state funds for personal gain, but it isn't obvious that voters are well suited to choosing someone for that task.

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by: ohwilleke @ Tue Jul 14, 2009 at 23:22:20 PM UTC

[ Parent ]

Actually

The voters do a hell of a job choosing a Treasurer.

They do so every four years.

Are you really saying that the voters are ill-suited to the job of choosing a treasurer, or that you don't agree with who the voters bhoose?  That's a whole different issue.

I trust the voters.  They might not always get what they want, but they always get what they ask for.

This is serious, you commie dolt  --davebarnes, 2012.

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by: Ralphie @ Wed Jul 15, 2009 at 02:12:39 AM UTC

[ Parent ]

Strong

And I challenge any other down-ballot candidate to match those...

Republican OR Democrat.  

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by: It's Me @ Tue Jul 14, 2009 at 22:50:47 PM UTC

No blame

I wasn't blaming. Merely pointing out the fact that there are VERY important things the treasurer does and can do.

Sorry to come across that way!

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by: The Angry Trucker @ Tue Jul 14, 2009 at 23:01:43 PM UTC

great, another Bush family trust-funder

and we know how good that family is when it comes to managing finances. Dear Lord, don't let them anywhere near our state's money.

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by: Einstein's dreams @ Tue Jul 14, 2009 at 23:55:32 PM UTC

What are you talking about?

His family owns less then half the company.  It is profitable in spite of the economy and has distributed over $20 million in Metro PCS, (a successful telecom investment) to shareholders over the past year.

Since it is a public company with an independent board of directors they determine his salary, not Stapleton.  Under SEC regulations he has nothing to do with it.

Check your facts or cite them so we know you are just sprouting mindless drivel.  

And a Masters in economics and an MBA are credentials that most politicians aren't even close to having these days.

I don't believe Kennedy has EVER had a job in the private sector!

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by: The Angry Trucker @ Wed Jul 15, 2009 at 00:20:46 AM UTC

Dang

You guys sure know a lot about Stapleton's company - on both sides. Cap rates? Metro PCS?

We don't know what the hell you're talking about, but maybe Doppleganger and The Angry Trucker should run for Treasurer.

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by: Colorado Pols @ Wed Jul 15, 2009 at 02:02:03 AM UTC

[ Parent ]

Stapleton has no public policy experience

and a trust-funder running a family-owned business doesn't count.  He hasn't a clue about how to create, propose, and successfully enact public policy that benefits citizens across a complete socio-economic spectrum. He's never served in any kind of earned service capacity.

Cary Kennedy, meanwhile, has worked on Ref C, Amendment 23, the BEST program (which leverages already-existing funds for school construction at no cost to taxpayers), cleaned up the states' finances,improved transparency, and maintained a top credit rating in the midst of the worst economic downturn since the great depression.

and for those of you playing the home game- Kennedy earned both a master's from Columbia and a law degee from DU.

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by: Einstein's dreams @ Wed Jul 15, 2009 at 03:00:42 AM UTC

[ Parent ]

What?

How has Cary Kennedy cleaned up the state's finances, or increased transparency?  I like facts.

And she is on record complaining about the "constitutional restraints" we have with Tabor, Gallagher, (and for those of you playing the home game) Amendment 23 which you so dutifully noted she help pass.

Having been involved in the passage of public policy is great, but only when it's good public policy.

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by: The Angry Trucker @ Wed Jul 15, 2009 at 03:14:41 AM UTC

Those are all points in her favor

And she is on record complaining about the "constitutional restraints" we have with Tabor, Gallagher, (and for those of you playing the home game) Amendment 23 which you so dutifully noted she help pass.

No trees were destroyed in the posting of this comment. But a large number of electrons were horribly inconvenienced.

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by: DavidThi808 @ Wed Jul 15, 2009 at 03:20:11 AM UTC

[ Parent ]

if you like facts, try the Internet

there's a nifty little website that points out among the actions Kennedy has taken to protect our state's finances:

* Guaranteeing that state funds were not tied to the subprime market.
* Avoiding holdings of collateralized debt obligations or derivatives.
* Terminating a loan that put a third of Colorado's investment pool in the hands of one bank - a step Cary took 7 months before the banking crisis hit.

As for transparency, try the STAR report, also online:
http://www.colorado.gov/treasury/

And another handy fact: Standard & Poor's affirmed the state's 'AA' issuer credit rating. It also upheld the highest rating for Colorado's short term notes (SP-1+). Moody's affirmed the state's Aa3 rating and MIG 1 (the highest rating) for Colorado short term notes.

I'd put that up against the Bush family record on public policy any day.

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by: Einstein's dreams @ Wed Jul 15, 2009 at 03:28:51 AM UTC

[ Parent ]

if you like facts, try the Internet

there's a nifty little website that points out among the actions Kennedy has taken to protect our state's finances:

* Guaranteeing that state funds were not tied to the subprime market.
* Avoiding holdings of collateralized debt obligations or derivatives.
* Terminating a loan that put a third of Colorado's investment pool in the hands of one bank - a step Cary took 7 months before the banking crisis hit.

As for transparency, try the STAR report, also online:
http://www.colorado.gov/treasury/

And another handy fact: Standard & Poor's affirmed the state's 'AA' issuer credit rating. It also upheld the highest rating for Colorado's short term notes (SP-1+). Moody's affirmed the state's Aa3 rating and MIG 1 (the highest rating) for Colorado short term notes.

I'd put that up against the Bush family record on public policy any day.

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by: Einstein's dreams @ Wed Jul 15, 2009 at 03:28:51 AM UTC

[ Parent ]

sorry for the double post

what's the technical term for 'my computer burped'?

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by: Einstein's dreams @ Wed Jul 15, 2009 at 03:29:52 AM UTC

I think the technical term is:

You double clicked.  Don't worry, I think everyone here has done it at least once.

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by: cologeek @ Wed Jul 15, 2009 at 03:47:57 AM UTC

[ Parent ]

My congrats to Walker Stapleton & Team

It is definitely an excellent quarter of fundraising for him - congrats to the Stapleton team - great to see Republicans doing well and it's a great sign for our good Party

Walker's good fundraising has no impact on my personal decision regarding the race - we got a terrific gameplan organized and I'm not worried about finding the funds to make it operate well - the Mustang is sitting in the driveway and the keys are on the coffee table

Nonetheless - I'm enjoying visiting with Republicans statewide and developing my latest films - decision in the fall

Peace and love all!

TABOR4LIFE

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by: Muhammad Ali Hasan @ Wed Jul 15, 2009 at 08:11:41 AM UTC

I say combine it

Your film can be Ali runs for Treasurer.

No trees were destroyed in the posting of this comment. But a large number of electrons were horribly inconvenienced.

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by: DavidThi808 @ Wed Jul 15, 2009 at 14:19:52 PM UTC

[ Parent ]

Lol

...that would be a good film

TABOR4LIFE

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by: Muhammad Ali Hasan @ Wed Jul 15, 2009 at 15:10:29 PM UTC

[ Parent ]

Even Muhammad Ali Hasan

knows when to roll over on his back and pee.

This is serious, you commie dolt  --davebarnes, 2012.

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by: Ralphie @ Thu Jul 16, 2009 at 02:48:58 AM UTC

[ Parent ]

So Here's what we've got

For The Republicans: a trustfunder who spent $100,000 of his own money on a state house race and didn't even win,
OR a trustfunder who has made terrible real estate investments and only derives his credibility (?) from the Bush name.

For the Democrats:  A smart, talented woman with degrees from Columbia and DU who got into politics to try and increase funding for public education, who eventually rose to the Treasurer's office, and once there secured the state's investments against the impending economic crisis, continued to increase funding for schools to do so, and in the interim fought against stupid budget restrictions like TABOR and A23.

The more I think about it, the more this race (like just about all of the others in 2010) is a foregone conclusion.

"It takes no compromising to give people their rights. It takes no money to respect the individual. It takes no survey to remove repressions."
- Harvey Milk

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by: J-Rock @ Wed Jul 15, 2009 at 14:35:30 PM UTC

Hey man...

Only challenged Republican to carry Eagle County - highest Republican totals in Summit and Lake by substantial margins

22,000 doors knocked on - Vail Daily endorsement - and hospitalized for exhaustion after the election - 47% in HD56

HD56 is one of our good State's most Democratic districts

if we can get 47% there, then we can get 55% statewide - check the numbers - don't really know if any other Republicans can say that.... Trustfunders included  

TABOR4LIFE

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by: Muhammad Ali Hasan @ Wed Jul 15, 2009 at 15:15:16 PM UTC

[ Parent ]

It sure looks like the people have spoken

We now have our republican nominee for Treasurer. There is absolutely no reason why J.J. should disruptively wage a primary now.  He's a 'party over person' kind of guy.  

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by: roll the idiots @ Wed Jul 15, 2009 at 23:27:31 PM UTC

Indeed

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by: It's Me @ Thu Jul 16, 2009 at 20:54:29 PM UTC

[ Parent ]