Tuesday, May 10

Shall We?

Ted officially announced his candidancy yesterday. Here is just a brief snippet of what he had to say:

Strickland blamed 15 years of Republicans in the governor's office for what he called an economic tailspin in the state.

``They have governed as if they are trying to get through the next week, the next month or the next year. They have had no vision,'' Strickland said in a telephone conference with Ohio reporters.


``I'm doing this because our great state is in desperate need of change,'' Strickland said. ``I feel that I can't stand by and just let that happen.''

Instead of me preaching to you why I think Ted should be the Democratic nominee and ultimately the Governor, which I will be doing for many months, here is what an editorial had to say in the Ohio University paper, The Post:
Strickland is equipped with a diverse range of skills that would allow him to work with both parties and appeal to voters across party lines. An advocate of veterans' rights, something of a political moderate and possessing a down-home American image, Strickland has the potential to swing votes from individuals that traditionally vote the Republican ticket, all the while maintaining the support of hard-line Democrats in the state. That fact is most clearly illustrated when considering that Strickland has been elected repeatedly in his Southeastern Ohio U.S. representative district, which is a politically diverse area -Athens County, a Democratic stronghold, is surrounded by several largely Republican counties.

Coin-Gate Aftermath

It seems as though the Ohio GOP has gotten away with another huge waste of the public's money. This time, if you haven't already heard, it's through "Coin-gate," first broke by the Toledo Blade. GOPers allowed their top contributor, Tom Noe, to invest over $50 million dollars (by the Ohio Bureau of Workers' Compensation) in a very risky rare-coin fund. Noe then went on to lose some of those rare-coins. Regardless of that fact, Coin-gate shows how the OGOP is willing to use the public's money recklessly and wastefully. Not only was the rare-coin fund extremely risky but it was also headed by Noe, a Bush Pioneer who was one of the largest contributors in the state. Anyone else think there is a little conflict of interest?

OGOP has announced that they're getting out of the coin business (via the Blade):

State officials yesterday said they are halting a controversial investment in two rare-coin funds controlled by Tom Noe, a prominent Toledo-area Republican fund-raiser and coin dealer.

The Ohio Bureau of Workers' Compensation announced that it will dissolve the $50 million investment "over a reasonable period of time sufficient to protect the state's investment."

The agency did not say how long that would take.

"We had concerns about the ability of the managers to commit the necessary time and resources to make it profitable," said Jeremy Jackson, the bureau's press secretary.

Too bad all the damage has already been done. I mean, it took them this long to determine that it may not be profitable? Shouldn't they be doing that sort of research and work before the initial investment? I guess it was fine though, because a Republican was running the show. And we all know how well Republican's handle money in this state. They must have thought it was a guaranteed investment.

Undoubtedly, this leaves open a huge opportunity for every Democratic candidate for Governor, whether it be Ted or not, to pound away at the OGOP establishment in Ohio. It also is important for other 'down-ballot' nominees. Democrats have been given a unique opportunity in this state to completely crush a fumbling and inept Republican Party. Time to seize the opportunity.