Scott Gessler’s Fundraising Black Hole

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Colorado Pols
Wed Jan 20, 2010 at 13:44:30 PM MST

Scott Gessler, Republican candidate for Colorado Secretary of State

Scott Gessler, GOP candidate for Colorado Secretary of State

You can say this about Scott Gessler, the Republican candidate for Secretary of State: At least he isn’t running for State Treasurer.

We’ve wondered about Gessler and his bizarre spending habits ever since he first entered the race for Secretary of State last year. If you haven’t been following the story, through the first three quarters of 2009 Gessler managed to spend an incredible 82% of the money he raised.

Gessler’s Q4 campaign finance report shows that he raised $19,618 in the last three months of 2009, but he also spent $19,374. You read that correctly — Gessler netted just $244 in three months.

All told, Gessler has now raised $86,799 for his campaign and spent $74,567. He has only $12,231 in the bank after spending a whopping 86% of the money he has raised.

For comparison’s sake, Democrat Bernie Buescher has raised $92,921 and spent $27,877 (just 30% of the total), leaving him with $65,043 cash on hand.

Folks, we’ve never seen a legitimate candidate with a burn rate like Gessler’s. It makes you wonder how Gessler is going to continue to solicit money when donors start to realize that he’s just pissing it all away, because if Gessler can’t save enough money to advertise on television next fall, there is absolutely no way he can unseat Buescher. Donate now to Scott Gessler — for every $10 you send, almost $2 will go towards winning the election!

This kind of fiscal irresponsibility is bad enough for a candidate for statewide office, but wait, there’s more! On the same day that he filed his Q4 finance report, he sent an email blast to supporters that, well, you just have to read it yourself. Click below to find out how electing Gessler will bring Democracy to the Middle East, or something.

Read the rest at ColoradoPols.com

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