This probably isn't going to be a long dissertation. And, as often becomes the case, I've ended up with more questions than answers in researching my original question.
I started out perusing the expenditures of the July 2012 GAB campaign finance filings for Friends of Scott Walker. There's a lot of money on those pages. The year to date column shows $27 million plus in and out with a cash balance of $1.6 million. The campaign spent $6.8 million in that filing period.
If you go through the itemized expenditures (Sorry — you'll have to drag up the report for yourself as I can't figure out how to link off the GAB site.) you'll find a remarkable chunk of that was spent on advertising. When I say the media makes money off keeping you angry, I'm not kidding. If you step back to the filing required prior to the recall election you will also find some very large media buys in addition to the expected staff and consulting expenses.
And more than $47,000 for a chartered airplane.
And $100,000 to his legal defense fund.
Fine. Walker took money in and spent it to fight the recall. There is, as I said $1.6 million remaining.
Now, technically that's not Walker's money. He's running a business with it - the business of his campaign. But, and I doubt this surprises anyone, the GAB has always been very generous in what can be allowed. Need $500 gala tickets? That's getting your name out. Need a box seats at your favorite sporting event? Shucks. Who doesn't do business at a game here and there. (These are not specific to the Walker report. The first one is a known expenditure from another candidate.) So while it's not Walker's money, it's very much available to him.
My big surprise in my bit of research was Walker's personally declared wealth. As in there is none.
I'm not kidding.
I mean from Lt. Governor Rebecca Kleefisch's July 2010 filing one can glean interesting details like she owns/owned a business that produces chicken wing sauce with James Bender, Steven Foti, and Thomas Godfroy called Conspiracy. (Gosh I love that.) It's also easy to discern there's money in the bank of somewhere between $20,000 and $200,000. (The range is very general.) There are loans: one for over $50,000 and one for under that amount.
Mark Neumann's statement for the same period shows the man is loaded. (Power to him! Rich people need not apologize in my book.) The link is shown to provide detail contrast for Walker's reports.
Here are the Walker reports. The first one is prior to the 2010 November election for the year 2009 filed in July 2010. This is the calendar year 2010. This is for calendar year 2011.
That first statement shows between $5,000 and $50,000 in a mutual or money market fund. It also reveals a couple of loans. The next year is identical. The most recent filing doesn't have a single entry for "stocks, bonds, limited partnerships, Wisconsin governmental securities, and mutual and money market funds." It does show additional loans. (Oh, and the beauty of this report are those funky governor gifts! Go chocolate covered coffee beans.)
But back to my point. Governor Scott Walker's most recent statement of economic interest shows him without money where one generally sees money and with considerable loans.
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Housewife analysis: Dude's either living paycheck to paycheck or he's hiding something. Ok, I concede there are a number of possibilities, but given the other examples, what the heck?
Political slant housewife can't resist: This is the kind of statement of economic interest that would make any Democrat proud. They often complain all those Republicans are too rich to be in office.
john smith
11:31 am on Friday, July 13, 2012
very odd article. I was wondering who really cared to read it
Ed Willing
2:51 am on Friday, August 17, 2012
Lol, I betcha she likes Sudoku.....
I agree. Very. Very. Odd.
Cindy Kilkenny
12:02 pm on Friday, July 13, 2012
I think I'd argue all $27 million plus is free speech, AWD.
Mr. Smith, thanks for doing so anyway and leaving a comment.
Greg
12:33 pm on Friday, July 13, 2012
Cindy, Do you think that Governor Walker's campaign and personal finances should be linked? Why are they in the same article?
Cindy Kilkenny
12:42 pm on Friday, July 13, 2012
Greg, as I explained above, he has access to his campaign funds in a very general way as allowed by the GAB.
I also thought it odd he proved to be such a remarkable fundraiser but apparently has no savings of his own as represented by his reports.
And yes, I'm beginning to realize I am the only one who found the idea interesting.
Cindy Kilkenny
6:00 pm on Friday, July 13, 2012
One final comment before the weekend: It's going to be interesting getting to know you. I have this same post up on my other site Fairly Conservative and it's produced an unusually high amount of traffic. It kind of fell flat here.
I'm going to have to think about that a bit. Don't worry. I'll figure out a way to tailor stuff better to your likes and dislikes - or at least to what you enjoy fighting over.
Happy weekend.
Bob McBride
7:43 pm on Friday, July 13, 2012
I think if you look around a bit you'll find that, finally, it appears the arguing is moving away from Walker (still have a few who've yet to fully purge, but it's getting better) to the Senate race and Romney v Obama. With a good measure of Social Democratic Big Brother Utopia v "Shrink Government Down to Something That Will Fit in a Couple of Storage Lockers" thrown in. Bait your hook with some of that and you might get more bites.
Jay Sykes
8:20 pm on Friday, July 13, 2012
Stirring things up again McBride! And, just about when proper therapeutic medication levels had been achieved. Most had set their cell ringtone to continuously play kumbaya. Oh Well, I guess the group hug is out of the question....yeesh....
Cindy Kilkenny
7:44 pm on Friday, July 13, 2012
Thanks! Interesting idea.
Bren
8:12 pm on Friday, July 13, 2012
Looking over the comments here and on your other article (tangential), my recommendation would be to restructure your posts. Start with a thesis. I believe your thesis for this article is, "Is Walker a millionaire?" This is a challenging as your issue is open-ended until you present your research. Either he is or isn't. We need something to talk about! Otherwise we will go elsewhere or argue amongst ourselves on your post and that's not what you want. Had I written this piece I might have started with something like, "All the recent media focus on Scott Walker's war chest made me curious. What about Scott Walker's personal finances? Is he, like other state politicians, a millionaire?" Etc. Again, however, once I present my research I'm done, unless there's something else to discuss. Your research, in this article, is incomplete. And that's frustrating because you didn't give us a takeaway except a derogatory comment, "Political slant housewife can't resist: This is the kind of statement of economic interest that would make any Democrat proud. They often complain all those Republicans are too rich to be in office" which isn't even true. I have never heard or read this opinion anywhere.
I would also suggest being forthright about being the primary contributor to a c. 2008 blogsight, "FairlyConservative.com." Others that have misrepresented themselves (e.g. "Housewife analysis") in this "mixed room" have inspired others to share their feelings! Good luck,
Cindy Kilkenny
8:17 pm on Friday, July 13, 2012
Nah, that wasn't my thesis at all. Maybe you should start a blog, Bren.
I never hid my other blog. I'm sorry if you missed that. I'll look into my bio again.
When I was recruited I warned it was a tough crowd, but, egads! Like I said, I can be trained.
Bren
9:48 am on Saturday, July 14, 2012
Well judging by some of the other comments here I'm not alone in understanding your point. If you read through some of the other articles you will find some helpful format models. I'm not sure why you think I should start a blog, but regardless I don't have the time to write and research the types of articles that I would want to present on Patch (other responsibilities).
As for training, even free-form narrative begins with a thesis. In a format such as Patch I'd suggest less focus on freestyle writing, style gimmickry (e.g. housewife analysis, especially as you blog elsewhere), and more on main point, research presented and analysis. If your research is incomplete, indicate it, or perhaps consider that you are not ready to publish. I offer these suggestions in the spirit of positive input for success in the "mixed room" that is Patch. ; )
I'm interested to know who "recruited" you? My Patch homepage asks if we want to blog and provides a link to who to contact if we do.
Cindy Kilkenny
10:57 am on Saturday, July 14, 2012
@Bren - How frightfully stingy of you to refuse to share your superior intelligence.
Cindy Kilkenny
8:22 pm on Friday, July 13, 2012
Whoa! Glad I looked. My bio disappeared. (Ok, that means I must not have saved something properly.) I will work on that this weekend.
Nick Poulos
9:49 pm on Friday, July 13, 2012
McBride, your extreme government shrinkers are going to turn America into a business run for profit, which will further widen the various gaps (education, opportunity, health care, et.al.). You and your buddies keep forgetting the basic fact: the Private needs the Public for it to have an opportunity to thrive. Well, that is unless you prefer the wild, wild west of shoot-and-then-serve.
as to "W.": no comment about corruption here, from me.
Cindy Kilkenny
10:08 pm on Friday, July 13, 2012
I must confess that was a spectacular display of skill.
Bob McBride
10:09 pm on Friday, July 13, 2012
See Cindy? Pulls 'em right out of the weed beds.
Bob McBride
10:15 pm on Friday, July 13, 2012
" the Private needs the Public for it to have an opportunity to thrive."
*********************
In keeping with the angling angle, I think you've got that bass ackwards, Nick.
Ima Hippee
11:00 pm on Friday, July 13, 2012
Cindy - curious as to why you leave out the other party? Dis you miss that day in blogging 101? Do they not have money? Barrett had money, millions. Check into them too. Might provide a balanced story. Gee, what kind of money does Kohl have? How does he hide it? Where does he put it? He has an NBA team. Wants us to help build him a new arena. He wants to sell box seats.
Housewife is still a good future for you.
sparky
2:01 am on Saturday, July 14, 2012
Did you forget to mention what his tax payer provided pension(s) are worth? How many years as a State Senator ? Ka Ching. 6 years as a County Executive, Ka Ching. 4 years minimum as the Governor of our great State, Ka Ching. He has not really worked that many years compared to some of us, but he is probably going to do better than the majority of us. I propose that all State level elected officials and their appointees should no longer recieve pensions. They should get 401 K's with employer (tax payer) contributions.
Bren
9:57 am on Saturday, July 14, 2012
I've been looking for speech honoraria and who foots the bill for all of Walker's cross-country jaunts (most recently traveling the contiguous U.S. to share how other states should get their "fiscal house in order." Yes, ALEC believes in one-size-fits-all legislation, and yes, Walker believes that breaking his promise to eliminate the state deficit using GAAP and following his demonized predecessor in restructuring debt is putting the "fiscal house in order."). Mitt "I haven't worked at Bain since 1999" Romney should choose Walker as his running mate. The Boston Globe could then simultaneously focus on Romney's seemingly-active participation in Bain meetings until 2002 (not to mention $100k base salary), and snoop into the ongoing Milwaukee County John Doe investigation. This would be worth keeping my cable subscription to follow! ; )
Cindy Kilkenny
10:55 am on Saturday, July 14, 2012
@Bren - as in I gave you information you could not find on your own or that you are still looking?
Cindy Kilkenny
8:14 am on Saturday, July 14, 2012
@Ima - the other party isn't governor. (It would not be a good idea to school me on Blogging 101. I've been at this a very long time.) I'll do Barrett if you want, but you're probably the only one who cares. As to Kohl, he's filthy rich. Get over it.
@sparky - I think Walker was in the Assembly, not the Senate. No, I didn't mention it because I was hoping someone else would. Yes, his pensions for serving are worth something and that probably gives him a great safety net, but no, they are not conveyed in the documents to which I have access. Those details are going to be hard to gather as they are not as readily released to the public. Still, it would be interesting work for a real reporter to do.
I love your idea about nixing elected pensions. If we flip back to R/R/R in Wisconsin after November elections we should demand that of the Republicans along with all the good stuff we've been getting for public union reform.
I have no problem holding them accountable. Thanks for the idea. I'll help share that one around.
Ima Hippee
9:58 am on Saturday, July 14, 2012
Cindy - Ahhh, the other party is not governor. Good thing too.
As for Governor Walker's personal finances. What is it to you, me or anyone what his personal savings are? Why do you find that odd?
Cindy Kilkenny
10:54 am on Saturday, July 14, 2012
That he is charged with managing the fiscal well-being of the state but has no apparent savings reported. I was always taught to pay myself first in savings for just in case.
That, or, he's not reporting something that he should. I know I covered the idea already.
Also, as I explained, it is an example that not every Republican is a white rich guy. I find that useful, too.
I think what I'm realizing is that this site doesn't play as well into nuances as I'm accustomed. I'll work on that.
Greg
9:46 pm on Saturday, July 14, 2012
I guess the people on this site don't really go for the throw $&#@ at the wall and see if it sticks approach. It sounds like you are trying to say something, but you don't know what it is.
Bob McBride
10:04 pm on Saturday, July 14, 2012
Cindy, if you have a dog and can get some shots of it relieving itself on a campaign sign, you'd be pretty much assured of a high double or low triple digit response in the comments section.
We're pretty highbrow around these parts.