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View Diary: Daily Kos Elections Live Digest: 5/13 (431 comments)

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  •  FL-Gov: good story on Scott campaign (19+ / 0-)

    Link here:

    The most informative part for me was this:  

    Scott spent $75 million of his own money to narrowly beat Sink, the former chief financial officer, in 2010, and he told people afterward that he would spend none of his own money on the re-election.

    His reported net worth has fallen from $218 million when he ran for governor to $83 million at the end of 2011, according to required financial disclosures. Scott's 2012 disclosure is due to be released this summer.

    No one believes he would not dip into his own pockets if necessary, but Scott already is aggressively raising money for what he expects to be a $100 million re-election campaign. His political committee, Let's Get to Work, already has banked more than $10 million.

    Wow, that's a huge loss of net worth.  I didn't realize he spent about one-third of his entire fortune running last time (I would've assumed he was a billionaire for what he spent, not "merely" worth less than one-quarter of one billion).  Obviously if he's down to $83M, he's not spending $75M on reelection.  No matter if he's willing to dip into his own pockets, the fact is he just can't very much, and he's going to feel reluctant to pony up even what he can when he feels so burned to see so much of his wealth evaporate so quickly.

    This makes me feel better about our chances.  He's just not going to be able to raise and spend next year what he was able to do out of his own pocket last year.  The playing field will not be as badly tilted.  That said, a part of me does fear that he could find a way to win again, it really won't be so easy to beat him.  But his loss of of personal wealth does make it a little bit less difficult.

    45, male, Indian-American, married and proud father of a girl and 2 boys, Democrat, VA-10

    by DCCyclone on Mon May 13, 2013 at 07:43:23 AM PDT

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