Tuesday, November 4, 2008

State Treasurer

Democrat incumbent State Treasurer Mike Murphy is retiring. Assistant State Treasurer Allan Martin, a Republican, is running against Democrat challenger State Representative Jim McIntire, currently the chairman of the State Economic & Revenue Forecast Council.

Assistant Treasurer Martin has been with the State Treasurer's Office since 1998 (where he is now the current Treasurer's top deputy), and prior to that was Chelan County Treasurer for six years. He was a banker and is still a licensed funeral director.

Representative (Doctor) McIntire has a Ph.D. in Economics from the University of Washington. He was a research scientist at the Battelle Memorial Institute, did work for Minnesota Senator Hubert Humphrey, was Governor Booth Gardner's Fiscal Policy Advisor for 3 years, has run 5 different state economic advisory groups, has served on the faculty of the Daniel J. Evans School of Public Affairs (at the University of Washington) since 1983, and still serves in the State Legislature (since 1998) where he has served on every financials-related committee in the House including having previously chaired the House Finance Committee.

Assistant Treasurer Martin took as a plurality of the August Primary with 45% of the vote in a 3-way race. Representative McIntire received almost 40% of the vote.

Assistant Treasurer Martin has been current State Treasurer Mike Murphy's top deputy since 2007. He is the continuation of Treasurer Murphy's policies. He said he would have given the same answers as his boss regarding demands to toll both 520 and I-90, and in opposing a NASCAR racetrack partnership.

Representative McIntire has said he supports moving to a state income tax, but has never introduced or voted for any legislation to do that. He also was instramental in putting together the legislation that led to the state's Rainy-Day Fund.

While I am no fan of even talk of a state income tax, I also don't think the State Treasurer should be announcing he'll refuse to sell bonds for which the legislature would direct to be sold unless a political policy he backed was also implemented (as in tolling I-90 as well as 520).

I am voting for Jim McIntire for State Treasurer.

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