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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: ChinuSFO who wrote (206283)10/30/2012 10:19:11 AM
From: Wharf Rat  Read Replies (1) | Respond to of 541877
 
"Folks like Steve Jobs, Meg Whitman etc. know well not to dabble in politics"

Nope; Meg tried to mess around, and we we handed her butt to her on a silver platter. Ditto Carly Fiorini.

Whitman lost, but payday was sweet for many



February 8, 2011 | Lance Williams, California Watch
Cali12345/Flickr

The candidate was poised, motivated and smart as a whip. She had an impressive resume, influential supporters and unlimited resources.

In the end, none of it mattered. Meg Whitman’s Republican campaign for governor stalled over such issues as her alleged involvement in insider Wall Street stock deals and her alleged failure to pay her illegal-immigrant housekeeper.

It must have been frustrating indeed for the political professionals who ran the campaign. Whitman for Governor began with great promise, but it ended with a GOP official glumly declaring, “The Republican brand in this state is death.”

On the other hand, payday was sweet.

The final campaign finance report filed by the former eBay CEO and novice politician itemized $177 million of payments from the most expensive campaign in California history. However ineffective Whitman proved in making her case against Democrat Jerry Brown, her campaign spread the wealth – including $144 million of Whitman’s own fortune – to about 700 vendors, consultants and aides, records show.

California Watch last took a look at her campaign spending on Election Day. Here’s a final update:

Overall, Whitman shelled out $1 for every 25 cents spent by Brown.

Smart Media Group, the Virginia-based company that booked Whitman’s barrage of television spots, billed an astonishing $118 million – more than double what Brown spent on his entire campaign. Most of that money was passed through to television stations.*

californiawatch.org