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Story Archives: Democrats need Blanco's cash
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Democrats need Blanco's cash
 Former Gov. Kathleen Blanco apparently doesn't see eye to eye with President Obama on all of his tough talk about sharing the wealth.
That much is evident according to Blanco's 2010 year-end campaign finance report, which showed she had more than $2.1 million in cash on hand. Most of the money represents campaign contributions Blanco received prior to the 2007 election cycle, or when it was anticipated Blanco would stand for re-election for a second term in office.
Though Blanco opted not to seek re-election four years ago, her campaign account remains active, and she continues to file the appropriate reports to abide by state law. According to the 2010 report, Blanco posted some $36,000 in receipts and spent roughly $208,000. The $36,000 and some change represented interest income on deposits at two banks. The expenditures represented outlays for salaries, consulting fees, cellular telephone bills, web site hosting fees and other expenses.
After it was all said and done, Blanco closed out 2010 with $2,121,500.11 in cash on hand.
And that raises a question or two.
What are Blanco's plans for the more than $2 million in campaign funds she has?
Blanco isn't saying. Furthermore, she isn't required to file another campaign finance report until after the first of the year since she's not an active candidate in the 2011 election cycle. However, if she's made any contributions to any candidates in Louisiana in the not-too-distant past, we'll know about it when the next campaign finance reports are filed by active candidates on Sept. 22. That's the next reporting deadline for candidates who will appear on the Oct. 22 ballot.For the full story, subscribe to the The Concordia Sentinel's NEW E-Edition! |
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