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My Left Nutmeg

Shays no go for Governor?

by: saramerica

Tue Feb 23, 2010 at 08:35:23 AM EST


Tom Dudchik over at the Capital Report, is claiming an exclusive with the news that Chris Shays is not going to run for governor .

Why? You guessed it. The money.

"I will not be running for Governor," Shays told Capitol Report. " I would love to be part of the debate. I believe I would win. And I would dearly love to serve and help get our State out of the huge mess it is in. But Betsi and I simply can't make it work financial. After quitting my job to run for Governor and serving four years in office we would be nearly bankrupt, the very problem I would be helping to get the State out of."

Note that Shays didn't say anything about running for Congress in this interview. My hunch is that he's still contemplating jumping into the 4th CD race against Jim Himes, because funds raised for that race can be used to pay off that $243,000 campaign debt he was left with due to the alleged embezzlement by his former campaign manager, Michael Sohn.

After all, he almost said as much last May in the New York Times:

"I gave serious thought to running again to pay this off," said Mr. Shays, who has kept his campaign running in order to raise money.

Money raised for a bid for Governor could not be used to pay off the Congressional campaign debt.But if he runs against Jim Himes for his former seat in the 4th CD, any funds raised for that bid could be used to pay off his outstanding debts. With Russo and Debicella running behind Himes in polls, Shays comes in with instant name recognition.

But on the other hand, in an environment where the voting public are worried about deficits and  fiscal responsibility, I'm not sure how you play the "I'm The Guy To Remedy The Nation's Financial Woes" card against a guy who actually understands the way financial derivatives work and is helping to write the legislation to regulate them, when you're constantly talking about how broke you are and your former campaign manager ripped off your campaign to the tune of a quarter of a million dollars without you having a clue.

Just sayin'.

 

saramerica :: Shays no go for Governor?
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What a Great Reason to Run! (0.00 / 0)
I can see some terrific headlines now:

Shays Runs So Contributors Can Pay Off Old Campaign Debts

Shays Asks Former Constituents to Forgive Fiscal Irresponsibility

Return Shays to Congress: He Can Buy a Great CT Home in This Market

Shays Scrounges for Honest Campaign Manager

Let's have some fun. Does anyone else want to play this game?  



Those would be really honest and accurate headlines, so you won't see them (0.00 / 0)
Can you see any reporter for Hearst pointing out that very uncomfortable truth?  Will Ken Dixon ever write an article about this?  

Nope, we'll just get more drivel about what a great guy Shays is.

Same from Fairfield County Weekly's Nick Keppler.  He's the guy who "loves" Chris Shays- that "beautiful man".


[ Parent ]
I just heard a story from one of his former co-workers (4.00 / 1)
... that Dixon first came up to Connecticut to work at the Post after returning from Florida in an unsuccessful attempt to gain employment from the National Enquirer.

Explains a lot if true.

–7.25 / –7.28 | http://imgs.xkcd.com/comics/tw...


[ Parent ]
You're Right, Of Course (0.00 / 0)
So how about using Shays own words -- such as calling Sarah Palin "awesome," or describing Abu Ghraib as "sex," not torture?  I'm sure others can cite a few more not-so-wise words.  

[ Parent ]
CT GOP have managed to screw up any momentum (0.00 / 0)
..they once enjoyed. First they managed to chase out Chris Dodd without bothering to figure that they could not defeat his replacement Dick Blumenthal. In CT-05 an up-and-comer Justin Bernier has been put in an awkward spot of having to get past Caligiuri, when I guess Bernier was supposed to just step aside. And now Shays wants to step into CT-04.

It could well be that the Republicans lose every major race this year (House, Senate and Governor) and then what do they do? Probably give Chris Healy --who orchestrated much of this mess-- a pay raise, right?


I really can't understand why they pulled the Caigiuri thing (0.00 / 0)
Bernier seems like a good candidate. Totally short sighted.  

[ Parent ]
Both Ways comments are starting to make sense (0.00 / 0)
"I don't want to jeopardize our plush incomes down here..."

"But how do I pay off those pesky campaign debts..."

"I'm gonna run..."



CREW-reposted article on campaign embezzlement issue (0.00 / 0)
I would be interested to hear from people who have worked as campaign treasurers as to whether the National Journal article linked below (as reposted on CREW's website)accurately portrays the situation in regard to campaign embezzlements.

http://www.citizensforethics.o...

There are examples from campaigns on both sides of the aisle -- Boehner ($600K), Biden, Edward Kennedy ($75K staffer misuse of funds for personal purposes), the NRCC (almost $1MM by a Swiftboat-related employee.)

The article says that often embezzlement is not reported, especially in cases where the funds can be recovered quietly. The Shays scenario is the only typical situation where embezzlement becomes public:  when charges are going to be pressed.

FEC identification of financial reporting discrepancies may turn out to be a way a campaign discovers problems, but if I understood the article correctly, the FEC is said to have more focus on where funds come from than where they go.  

To see a 2007 proposed FEC advice to campaigns, look here:
http://www.fec.gov/agenda/2007...

It's an aside, but may provide some food for thought if you are about to become a campaign treasurer, or if you are a candidate who wants to understand some of the potential issues in setting up your campaign books and practices.

There are places where this FEC piece practically trips over itself to point out that it is advisory and not regulatory, and effectively says that candidates/campaigns may end up throwing the advice in the circular file or just picking up a tip here or there.  That's hardly the tone one would take when trying to brand the forehead of a campaign official or candidate with the foremost role that voter/contributor trust plays in candidates' ability to continue getting contributions and votes.

The Shays case is but one example in a campaign landscape dotted with very lean staffing, quickly developed controls, and the books often entrusted to one particular person who both develops and implements said controls, with nearly complete candidate delegation of responsibility.

Is running another campaign in fact the only way that a candidate can fundraise to make up unrecoverable embezzled campaign funds? It's not a small matter if it's true that no one agency has embezzlement of campaign funds firmly under its auspices.  As campaigns handle more and more money, the reality of the embezzlement issue apparently is not being dealt with head-on.

A candidate who may love public service but who is at least in part driven by recovering financial loss provides the wrong motivation for the public to support the campaign (or any party to select a candidate).  Why wouldn't voters think such a candidate may be far more vulnerable to the influence of a large donation with an implied promise of action once elected?  

Shays' campaign fund loss is public knowledge (while there is no practical way to verify the actual amount AFAIK).  There are probably a number of other D and R candidates out there who have had some losses due to dishonesty and we don't know about it and likely never will.

Nonetheless, it seems that personal or campaign debt OR significant unrevealed but compromising personal secrets are real problematic ways to start a campaign imho -- if your real intent is to win election.


 
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