It would appear that Meg Whitman, former CEO of eBay, has decided to click By It Now instead of taking any chances in her bid for the Republican nomination to run for the California governor's seat (according to the AP). She recently loaned her campaign $20 million after loaning it another $39 million a few days ago (total: $59 Million).
She's spent around $45 million to date and claims she's willing to spend up to $150 million in her effort. Her Republican challenger for the nomination is no slouch either: he's loaned himself $19 million.
That's right. I said "nomination." This is only the campaign for the Republican nomination! One of them would still have to run an actual campaign post-nomination and spend even more cash.
What message does this send to the folks in California who are struggling financially and have lost jobs?
Can anyone take Whitman's claims of fiscal conservatism seriously?
How does this affect the argument that chief executives are paid way too much?
Politics has become a game played by the richest among us who claim to represent and understand the plights of people with whom they would never even share a meal under normal circumstances.
And if she'll spend this much to get the job, what will she spend to keep it... and... who's money will she be spending then?
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