Monday, June 17, 2013

Nanonomics 101

There are some good things about losing the primary election last month. I get to say things the way they are. Not being a candidate in this race, I can point things out without being perceived as making attacks on the other candidates.
Last September I issued a spending limit challenge for the Mayor's race. The limit was $10,000 cash and $10,000 "in kind" to known entities and $20,000 cash and $10,000 "in kind" for unknown candidates. Realize that the Mayor of Dayton is paid $45,000 for a part time job. I believe that in any election you should not have to spend more than one years salary to get elected. I was willing to spend less than that. It was a marketing ploy. Had the two challengers accepted then we would have all received national publicity and could have worked together to promote Dayton to the nation. It would have been the first time three politicians would have agreed to limit spending, level the playing field and win on our own merit without big money playing a part. Neither of the two Democratic candidates accepted the challenge. It proved to me that neither could win on a level playing field.

Nan Whaley won the primary. It is nothing to be proud of. She got 5027 votes. Mostly from party line Democrats. It cost her $264,000 to get those votes. Over $52.00 per vote. There are some statistics that you need to be aware of so that you can make an informed decision in November. I looked over her financial disclosure forms from end of year 2012 and the pre and post primary reports to determine how much money was contributed locally and how much was expended locally. After all, she totes how she supports the region and how she can help it grow.

285 donations out of 730 total were from outside the region. That is 39%. Of the $169,384 that those 730 people or entities contributed, $89,181 was from outside the region. That is 52.6%. Her "in kind" donations totaled $43,032 and of that, $42,592 came from outside the region. Mostly from Columbus, Ohio for a total of 98.9%.

Much of her money came from outside the state of Ohio. Some from Washington D.C. and some from New York. She held fundraising events in Cincinnati, Cleveland, Columbus and in Indiana. One should be asking why money for a non partisan local election needs to come from outside the region.

Now I think that it is great that she was able to bring over $89,000 to the local area from other places. It could be used to boost the local economy. However that was not the case. Of the $212,767 dollars that she spent on her campaign, $196,843 or 92.5% of the total was spent OUTSIDE the region!

This woman is not going to bring jobs to Dayton. She is not supporting local workers. She says she will but her actions speak louder than words. The unions are supporting her but she is NOT supporting them. If these numbers were other than they are I would be offering praise. Unfortunately they disgust me. You can view the reports for yourself here

By the way, I will analyze A.J. Wagner's reports next. I do not know what to expect at this time. As for me, I spent $2056 of my own money and got 2363 votes, that is 87 cents per vote. Nan and A.J. have a little over $3,000 each left after the carnage. I wonder how much each will be able to raise and spend before November.

Nan boasted to someone that I know that she "creamed" me in this election. I spent less than 1% of her total. The people being creamed are her donors and the people drinking her kool-aide. They are the real losers in this election because their ultimate disappointment will lead to anger.

In warfare this is called a Pyrrhic victory.   (A Pyrrhic victory is a victory with such a devastating cost that it carries the implication that another such victory will ultimately lead to defeat. Someone who wins a Pyrrhic victory has been victorious in some way; however, the heavy toll negates any sense of achievement or profit. A "Pyrrhic victory" can also mean a false or temporary victory where a win entails a loss subsequently or in the bigger picture.)

 Remember, Karma always wins in the end ........

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