Showing posts with label Michael Bennet. Show all posts
Showing posts with label Michael Bennet. Show all posts

Sunday, August 15, 2010

Democrats' lesson from Dan Maes


"I'm voting against every incumbent; that's my theory."

Denver Post writer Christopher N. Osher quoted that little bit of wisdom from an unnamed Dan Maes supporter in a story on the front page of the Sunday Post about Maes' remarkable Republican primary victory. Photo credit: Boulder County Democrats

Democrats should learn a lesson from the story. Incumbent U.S. Sen. Michael Bennet beat former Colorado House Speaker Andrew Romanoff in Tuesday's Democratic senatorial primary.

If you've read my blog before, you know I would have liked to see Romanoff win, reflecting the same anti-incumbent sentiment in my Democratic choice as was expressed in the Republicans' gubernatorial primary race, where Maes claimed his victory.

On Wednesday, I contributed $25 to Bennet's general-election campaign, and offered to work for him. If my offer is accepted, I'll have to stop writing about him on this blog, so maybe the Bennet campaign will accept the offer just to shut me up.

The contribution, however, won't silence me on the issue because I believe bloggers, as long as they disclose their leanings to readers, have just as much right to write about politics as anyone else protected by the First Amendment. Working for the guy goes beyond a mere contribution, however, so I'll quit writing about that particular race if I actually do some work for Bennet's campaign.

But until then, I suggest the Democratic establishment, who were the real winners in the Bennet nomination, beware of the anti-incumbent sentiment expressed by the Maes supporter.

Many traditional Democratic voters feel the same antipathy toward the ongoing partisanship of Congress, and don't have much sympathy for Democrats who can't use the legislative majorities given them along with a Democratic president in 2008 to affect the "change" in government they had hoped to see come out of Washington over the past two years.

A public option among health-care reforms is just one of those disappointments.

So Michael Bennet had better keep his campaign rhetoric tilting toward the populist view that Washington remains broke, despite his nomination, and he still needs to help fix it. Making up to his establishment mentors and contributors is no task to be undertaken now -- nor ever for that matter.

Ken Buck is going to be coming after Bennet with the Tea Party in tow. Bennet needs independent thinking Democrats and independents in his camp if he expects to overcome.

Saturday, August 7, 2010

Keep the kids out of it

Call me an odd blogger, but what struck me most jarringly in the coverage of Sen. Michael Bennet's defense of himself over the Denver Public Schools pension refinancing, was his bringing kids into the political battle.

The Denver Post quoted Bennet as accusing the Andrew Romanoff campaign of "repeatedly trying to score points at the expense of kids...."

Bennet ought to be careful about such a kid-centered accusation while his own campaign is blatantly using his own children to win support for the appointed senator, their Dad.

A Bennet ad currently running on television has each of his three beautiful daughters saying something nice about their Dad's cleaning up of messes created by other politicians.

The mess their Dad has gotten himself into with a high-finance bond scheme meant to reduce DPS debt but which has been turned around on the district during the collapse of the nation's credit markets is a fine mess for sure, Ollie.

Bennet, who gained a business reputation as an inovative financial turnaround artist, used some fancy footwork to conceivably get his district out of a crippling pension burden, but was treated to a little bait-and-switch by the very markets he was so adept at playing.

The deal so far has cost DPS more money than anticipated and now has it entangled in expensive "wind-down" penalties if it decides to back track on the action. The figures being thrown around here range from $25 million to $400 million to $750 million, perhaps small change to Bennet's mentor, Phil Anschutz, but nothing to sneeze at for an inner-city school district.

Bennet also said the New York Times, which reported on the collapse of the DPS deal while Democratic voters are still filling out ballots that will decide whether Bennet gets to stay a U.S. senator, "got it wrong." Yet when you read the story, its details are pretty convincing that "wrong" was the word Bennet should have considered more carefully when the deal was cut back in high-flying 2008.

The Times sometimes gets things wrong, but their authority is a hard wall to breach. Romanoff is right in calling this one a "bet gone bad." Time to close the casino to Wall Street playing with public money. Kids, even bright-eyed neat ones, have no recourse.

Friday, July 30, 2010

Bennet's business record at issue


The most important story in the Denver Post this morning did not appear on the front page, but was placed in the lead, left-hand column of the newspaper's Denver & The West, B-section cover.

It was about Michael Bennet's work for conservative billionaire businessman Phil Anschutz. Photo credit: BoulderCountyDems.com

In the news story, Post writer Michael Booth dissected incumbent Sen. Bennet's business career with Anschutz, which Bennet's rival in the Democratic primary, Andrew Romanoff, has made an issue of in campaign advertisements now running on local television.

The ads try to link Bennet to the Wall Street practices of high finance that helped bring the nation to its financial knees in 2008, and Booth's story tries to explain those practices as undertaken by Bennet during an early part of his professional career when he made millions of dollars for himself and his family.

It was a time, too, when Bennet made many of the contacts he has used to finance a multi-million-dollar campaign for election to the U.S. Senate seat Gov. Bill Ritter appointed him to about a year ago.

It's Bennet's first attempt to be elected to any office, and Romanoff, a former elected state representative and speaker of the Colorado House, has been right to challenge the incumbent senator in the Aug. 10 Democratic primary election.

The ads Romanoff is running are decidedly negative. They accuse Bennet of being a henchman of Anschutz in looting failing movie-theater companies during the early 2000s, when many movie chains were suffering from investing too much in bigger, fancier theaters at a time when movie audiences were actually growing smaller.

I have been a delegate for Romanoff at the state Democratic convention, and I'm going to vote for him when I fill out my mail primary ballot in a few days.

But Booth's story shows that Bennet, as a private businessman, did nothing more than be the kind of predatory private businessman he was supposed to be when he worked for Anschutz. Bennet helped Denver's local billionaire assemble the nation's largest movie-theater chain by buying up chains that were making less money than their previous owners had hoped to make.

Bennet became pretty good at the task, and made himself millions as well as hundreds of millions for Anschutz. In other words, Bennet did a good job.

He did, however, use big-business finance techniques that created wealth on the order of Wall Street leveraged transactions that finally brought down some of the nation's most prestigious financial firms. And he did that in the same decade the Wall Street firms did it.

So you might say Michael Bennet and Philip Anschutz helped lead the way for Wall Street's most infamous financial schemes.

Then again, you might not say that.

Nothing Bennet did was illegal, and nothing he did ought to besmirch his reputation as a successful, high-dollar money maker. He was ethical all the way, and he left Anschutz's employ to become the first chief of staff for Denver Mayor John Hickenlooper, who is now running for governor.

When I interviewed Hickenlooper shortly after he took office as mayor, Hick cited Anschutz's takeover of Regal Cinemas as a pretty admirable accomplishment. I didn't know then that it also happened to be his chief of staff's admirable accomplishment.

If Bennet beats Romanoff in the primary, I'll vote for him in the general election.

He will make Colorado a fine elected U.S. senator.

Wednesday, March 17, 2010

Romanoff pulls off lead in Dem caucuses

Report from the Arapahoe County Democrats 37th House District caucus:

About 200 people showed up, compared with 2,000 in 2008 for the presidential election, and a relieved Ted Fritschel, site coordinator for the district, welcomed the smaller group with the news that party organizers simplified the process in order to avoid hundreds of mistakes that were made during the raucous caucus two years ago.

Fritschel also announced that for the first time in Arapahoe County history -- Arapahoe County was the first county jurisdiction organized in the state 100 years ago -- more Democrats were registered than Republicans, about 119,000 vs. 110,000. He didn't say how many people are now registered as independents.

My caucus of Precinct 227 went smoothly with a straw poll showing four of eight voters going for Romanoff in the U.S. Senate race, three for Bennet, and one uncommitted. By the time we took a formal vote, however, and after a couple speeches, the vote had changed to seven Romanoff, one for Bennet.

Today's news shows that trend held up across the state for Romanoff, who reportedly tallied 50.9 percent of the caucus vote to Bennet's 41.7. That doesn't mean Romanoff wins the nomination, but it should give him a big boost among the state's Dems, and it shows how much the party was divided by Gov. Bill Ritter's appointment of Bennet to the Senate seat.

Go Andrew! I was elected a delegate to the county assembly to cast a vote for him there, too, on April 10 at Hinkley High School in Aurora.

Thursday, January 14, 2010

Hardball over health care

I come here in advance of my next intended post (RobertSchwabPoet.com: a Business Plan) to remark on the politics of Democrats trying to pass a health-care reform bill in time for the president to claim it as an accomplishment in his first State of the Union.

Hardball, to say the least.

One example: Massachusetts election officials say it might take them weeks to certify the election results of the upcoming special election to replace the late Sen. Edward Kennedy, which the Associated Press points out could preserve for Obama the 60th vote he needsin the current Senate to pass a health-care bill without a Republican filibuster.

I read about the move in an Associated Press item packaged in the Denver Post next to a piece about Colorado Sens. Mark Udall and Michael Bennet's protests of the closed-door negotiating between members of their own party to combine separate bills passed by the House and Senate.

The closed-door negotiations are as much an indication of the hardball politics Democratic Senate leaders are imposing on the negotiations, which include Obama at the White House.

Republicans complain that the non-traditional approach to melding the two bills harks to the smoke-filled rooms of lore, but they don't remind their listeners of similarly harsh tactics used by the Congress when Trent Lott and Dick Armey were ruling the roost.

It's true that opening the negotiations to television cameras would make make for a truer "Democratic" result. But no Republicans have indicated any willingness to buck their disciplined ranks to vote for a final bill, so crafting one without them seems the more efficient path.

Bennet rightly criticizes the lack of transparency. But I doubt it will keep him from voting for the historic bill. It should not.