Help Me To Understand This !

  1. I read in yesterdays' paper that they are electing a new governor in Texas. I think the election is Nov. 6th....somewhere around there....I'll have to verify that if anyone's interested in the exact date.

    Anyhoo, two candidates, one Republican & one Democrat.

    The newspaper reported the the combined amount of money the two politicains have spent seeking the governor's office is:

    $76,000,000.00 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    The annual salary for the guv in Texas was reported as

    $130,000.00

    Why would anyone spend $38,000,000 to win a political job that

    pays $130,000.00 ??????

    What's your view on that?
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  2. 4 Comments

  3. by   JonRN
    My view is "business as usual". Also I guess it wasn't all their money they spent, most probably came from contributors seeking favors post-election.

    Pappy
  4. by   Stargazer
    Because, clearly, it's a handy stepping-stone to the presidency, should your ambitions go that far.

    Also, it's not like all or even most of the money is coming out of the candidates' own pockets--part of it comes from their political party; a lot of it comes from fundraisers and private donors.

    And, of course, there's the P - O - W - E - R.
  5. by   fergus51
    Maybe they are just both really bad at math.
  6. by   Glad2behere
    Sanchez, the Democratic candidate, spent 58 million of his own money thus far. Rick Perry, the republican, has mostly party backing. He inherited the office from George Dubya. There are obviously big perks to holding office on that level. Think of the panoramic view one can have of the pork futures market. Or where all the weak banks are you can buy for nothing. Just send your auditors in to declare them insolvent. Oldest govt lesson their is ...the spoils of an election go to the winner. Just think how much money you can make if you decide that court action is not needed as thought by the previous administration. How much would an interest pay to have something shelved? And Texas is a mighty big state.....lots of idle money laying around.
    So you campaign on restructuring the insurance business....lots and lots of money there! And Texas just had Farmer's insurance get up and leave the state.....and then their is the homeowner's mold issue. Making the insurance companies redo anyone's home if the homeowner can spell mold. It's like ole Harry Truman said, "The buck stops here!", he left off the part about "in my pocket".

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