Gubernatorial candidate Ward Cammack in a blog posting on the TNDP's new social networking site gives his take on the financial crisis and more specifically the company formerly known as AIG. Spokesman Mark Brown tells us what to take away from the keen financial analysis of Cammack:
Ward has an understanding of the current economy that is unmatched in this field of candidates. To put it bluntly, the 21st Century economy is a complex beast, and we're presently going through a reset. It's important that we have political leaders that understand what' s going on and can see beyond the old paradigms.
Yes, this is similar to some of the risks municipalities were taking with derivatives. Three of our opponents (Herron, McMillan, and Ramsey) voted to allow municipalities to purchase these, and I'm not sure any of them understood what they were voting for. Ward understand the complexities of contemporary financial transactions.
Throughout the campaign, we'll use our online communications to address various issues. Some of them might not seem campaign related, but, to borrow from Mayor Dean, it's all connected.
MORE: Post Business