Martha Hall Findlay is a Sub-Prime Candidate
I really hate to be the asshole here but Martha Hall-Findlay should not be allowed to seek the Liberal Leadership until she pays back at least some of the debt she incurred 2 years ago.
From the Hill Times most recent update on leadership debt, Martha has paid back exactly NOTHING from her leadership run two years ago.
Here is an analogy that should make many Liberals hesitant about indebted candidates seeking the leadership again.
Assume the Liberal Party is a bank.
In the last race, martha borrowed 200k to finance a leadership bid. In the 2 years since the event, she hasnt shown any attempt to pay back this 200k. (She raised 100k but none since she lost)
Would you allow the same person to run up another 200 000$ in debt? Someone who borrowed 200% of what she was able to raise? This is ridiculous.
This does not preclude dark horses form running. It precludes people from saddling the Liberal Party with debt. It is the Liberal party which is screwed because as she raises the 200 000$ for yet another leadership bid, the party loses out that 200 000$, which it desperately needs.
After what we saw with Dion, it is clear a candidate needs to be able to raise money to be an effective leader. With her current track record in terms of not raising money, I firmly believe the Liberal Party would be acting irresponsibly if it allowed MHF to borrow more money before paying off a sizeable amount of her previous debt.
I have no problem with Kennedy running. He is at least trying to retire his debt. He has shown an ability to raise money. He is much less of a risk.
From the Hill Times most recent update on leadership debt, Martha has paid back exactly NOTHING from her leadership run two years ago.
Here is an analogy that should make many Liberals hesitant about indebted candidates seeking the leadership again.
Assume the Liberal Party is a bank.
In the last race, martha borrowed 200k to finance a leadership bid. In the 2 years since the event, she hasnt shown any attempt to pay back this 200k. (She raised 100k but none since she lost)
Would you allow the same person to run up another 200 000$ in debt? Someone who borrowed 200% of what she was able to raise? This is ridiculous.
This does not preclude dark horses form running. It precludes people from saddling the Liberal Party with debt. It is the Liberal party which is screwed because as she raises the 200 000$ for yet another leadership bid, the party loses out that 200 000$, which it desperately needs.
After what we saw with Dion, it is clear a candidate needs to be able to raise money to be an effective leader. With her current track record in terms of not raising money, I firmly believe the Liberal Party would be acting irresponsibly if it allowed MHF to borrow more money before paying off a sizeable amount of her previous debt.
I have no problem with Kennedy running. He is at least trying to retire his debt. He has shown an ability to raise money. He is much less of a risk.
Labels: The LPC(Q) is apparently an official third arm of Michael Ignatieff
