I know some folks who know Mark and they were shocked to hear him say he made
enough to be unemployed from March until he becomes treasurer in January.
That's almost a whole year. They thought money was a little tighter- obviously
Reading Walker say he earned enough through his salary and commissions to enable
him to resign from Zions and focus on running for office made me laugh. As a
former bank employee, all I can say is things must have really changed since I
left the bank. And, if it was that good, the pay at Zions would far exceed his
salary as treasurer...makes you wonder again what the agenda is.
This is the first article I've read where Walker admits he was a sales person
for Zions, what happened to "Manager of Government Finance?" There's nothing
wrong with being a salesperson, however, when you try and pass yourself off as
being something you're not, that's what creates doubt. The treasurer's office
must have the respect of all, and integrity is a must. And last but not least,
must have proper training and education. Ellis meets and surpasses all the
criteria, vote Ellis June 24 and show Curtis and Co. that we can think for
ourselves and don't appreciate having their agenda shoved down our throat. It
is time for the intimidation on the hill to stop. Only citizens can change the
mentality on the hill by making informed choices. It is hard to respect those
who show so little regard for us.
It's too bad it takes so much effort and all this wasted money on an election to
expose a crooked clown like Walker. He's grasping at straws. He's nothing but a
puppet of the republican leadership in the legislature who apparently hold sway
with the Lt. Gov and AG. He may have the republican leadership's money (Where
did he get all that money?) and their plentiful lack of ethics, but he is
woefully unqualifed to be state treasurer. He shouldn't even
be running according the the Utah Constitution. He and is legislative
"leadership" voted a raise for the state treasurer's position and now he's
running for that same office during the same term. Wonder if
Walker's planning to use that salary increase he voted for to help fund the
deputy treasurer's promised big pay raise(you know, the bride)? NOT!, he's got
plenty of sugar-daddies to step in and take care of that just like they
promised. Real honest, fiscally conservative politics, just like that
white-elephant soccer stadium Walker and his buds got us.
Would Shurtleff and his buddies support someone running for Attorney General who
is a paralegal at Siegfried and Jensen and never went to law school? My gosh, no.Would they support someone running for State Auditor
who is a cashier at Smith's, doesn't know beans about accounting, and is not a
CPA?Oh my heck, no.Would they support someone running
for Treasurer who was a salesman at R.C. Willey and Zions and a poli sci
major?Ya, you betcha.
*"I knew of the displeasure with Ellis," Walker said. "To me, he's done things
that run contrary to what Republicans want."*Like vouchers? Yeah,
that was just what this state wanted.Finally, someone willing to
stand up to Rep. Greg Curtis and the rest of the Republican establishment in
this state. What we need is someone to bring their big heads back down to
reality. At least Ellis is man enough to grow a pair speak his mind.
Treasurer Debates??? Are you people kidding? You really want a debate? Have
you ever attended or even heard of a debate between treasurer candidates in the
past? Especially in a PRIMARY election!What exactly would you have
the treasures debate? Their political ideology? It's not a political position.
Whether 5% interest is better than 5.5%? Who can get us a better bond rating?
How they would distribute funds (because that's mandated by the Legislature).
Are you just hoping for a debate so they can NOT TALK about the
job-offer-scandal (which both will say they have been advised by their lawyers
to not talk about until the investigation is complete)?I sometimes
think this is the first treasurer election many of these people have been
congnisant of, and that's only because of the media coverage centered around the
scandal accusations.You want a treasurer DEBATE? Snooore....
So why is it that Mr. Walkers photo shows up first on each page and to see the
Ellis photo one has to click on the photo gallery? Is this an attempt to promote
Walker? I'm sure both photos could have been displayed together if in reduced
size.Will someone from the Desert News let us know why they communicated
to us in the way they have.BTW - If I were the hiring manager I know who I
would bring on. It would be someone who can do the work on their own and has a
specific track record.
Friday, in your comments to Jenna, guess what! Utah does have restrictive
investment guidelines, however, Utah could have had their entire portfolio in
exactly the same securties Florida did. They lost a ton of money in asset back
cp, which carried top notch ratings from the agencies. So, don't go spouting
off about how Richard and Ed shouldn't take the credit for keeping Utah out of
trouble. Your fool proof comment is off base.
Walker isn't qualified. His attempt to run for the Treasurer is the product of
the arrogance of the legislature toting one of their own. That I can
understand. But explain to me why our Attorney General can stoop that low to
support Walker. I now question his competancy.
The article tried to talk qualifications, and did a good job making Walker not
look like too big a loser (that's what we expect from the leadership lock-step
D-news). They failed to mention that one candidate has an educational
background in finance (Bachelors and MBA) and actually teaches a graduate course
at BYU on investing public money. The other candidate has a Bachelors in
Political Science and probably couldn't get a decent grade in the class Ellis
teaches.They also failed to look at Walker's puffery, where he
labels himself a "Manager of Government Finance" at Zions who literally managed
nobody, and who was a front-man sales guy who had nothing to do with and no
special knowledge about how any of these products work. Anything he says about
treasury management or finance he doesn't understand because it has been fed to
him by the type of political consultants he wants to hire to "advise" the
treasurer's office (which means RUN the treasurer's office).Even if
it's the only race in your voting area, it's important enough to get off you
duff and do your civic duty. Vote for Richard Ellis!
So Mark, You intend to bring in a group from the outside to tell you how
to run the treasurer's office...I thought you were the expert, at least that's
what you implied on your website regarding all your "experience" at Zions. Hate
to break this to you, but there isn't a heck of lot you can do with operating
funds that are spent before the ink dries. Also, the Money Management Act
dictates the investment criteria with what to do with public funds. And, let's
not forget, the Money Management Council has the oversight of these funds, you
can keep your "private sector" cronies downtown and meet them for breakfast more
often at Mimi's.
I hope the primary results in an overwhelming victory for Richard Ellis. Mr.
Walker would be a complete disaster for the State of Utah.
Friday,I would encourage you to listen to the words of Dave Clark,
an avid Mark Walker supporter as he presented the bill to increase the State
Treasurer's salary. He said that Alter has done a great job and that the
Treasurer is a key cog in the wheel that has helped the State become one of the
best managed in the nation. Its on the legislature's website under HB 304 2007
General Session House Day 29 floor debate audio files. It's interesting how
stories can change when you are now supporting a lesser qualified candidate! I
guess you could say Dave Clark didn't know what he was talking about back then,
but I respectfully disagree.
what? you want to hire a group of people to come in and tell you how to run an
office that has been responsible for acheiving a AAA bond rating and being the
best money managed state? Mark Walker how is that being fiscally responsible?
As a teacher, the choice in this race seems to be a no-brainer. The state
treasurer has sole responsibility to invest the School Trust Lands money as well
as being responsible for over $25 BILLION of taxpayer money held in the Public
Treasurer Investment Fund on behalf of the state, counties, cities, school
districts and other government entities. That is an average of $80 million per
day. Do I want Richard Ellis with 22 years of public treasury experience as
well as a couple of years as Governor Walker and Governor Huntsman's budget
director, or do I want Mark Walker who hasn't passed a single bill as a
legislator, has the worst legislative committee attendance record and worked to
get entities to invest with Zions NOT the State? I want a person with
experience and integrity managing MY state retirement fund, MY school trust land
monies and MY tax dollars. I hope Republicans all vote for Ellis next Tuesday,
so this Democrat can vote for him in November.
I found it interesting that in Walkers latest campaign mailer that he failed to
mention any of his experience. Actually, its not that surprising considering
the fact that he doesnt have any experience that would qualify him for this
position.Instead, he chooses to throw out hollow rhetoric, bumper
sticker philosophy and campaign buzz words, like I supports tax cuts and fiscal
conservative. Does Walker know that it is not the job of the treasurer to cut
taxes?From Governor Walker: I was able to visit the rating agencies
in New York and am pleased to say Utah has an excellent reputation due to its
fiscal management and we are one of few states with a Triple A bond rating,"
said Gov. Olene Walker. "Maintaining this rating has and will save
the state millions of dollars. It is imperative we continue conservative fiscal
management in order to retain such a high rating." Yes, Ellis is a
fiscal conservative as well.However, because Ellis actually does what is
fiscally responsible and right, Walker tries to brand him as a liberal because
Ellis doesnt go along with every single want of the Legislature. This is my type of candidate. Vote Ellis!
State Treasurer is one of those positions that you wonder why they are elected.
I look at it this way, if you were looking to hire a State Treasurer who would
you feel is the most qualified. I am afraid that Mr. Walker's resume would not
even be considered in a hiring process.I am personnaly involved in
public finance. The State Treasurer's office is currently ran extremely well
and is respected across the country. True it is very conservative. But the
primary focus has been to protect the assets of the citizens and do not risk the
pricipal on short term investments that have long term negative impacts.From the facts and not politics, I am a strong supporter of Ellis
I worked for Richard a couple of years ago. He's a great man, and when it comes
to finance, he's brilliant. He's also a straight shooter--when he says he
doesn't enjoy playing politics, he means it. He's one of the few individuals
running for office because he enjoys the technical work of that office and
because he wants to serve the State rather than himself. I can tell you he's
absolutely the right person for the job. A vote for Ellis is a vote for the well
being of the State's finances.
I can't believe Mark Walker, who was a "no-name" in Zions Bank management, has
risen to candidate. I can't believe we are so gullible as a culture to let guys
like this sneak into the henhouse. It reminds one of when the neighbor from the
"ward" comes knocking under the cover of "Brother" and we assume a benign
agenda, and put our guards down. Walkers a'knockin, with the same old smooth
Jenna,The State received the "best financially managed state" award
from the Pew Center on States. The award was given to the Legislature and the
Governor, that is made clear by the Pew Center. Richard Ellis and Ed Alter have
claimed a piece of that. It is inaccurate for them to take responsibility for
that award. These guys inflate just as much as the next person.
They want you to believe that without them, the state's finances will be in
turmoil. Utah law is so restrictive and so carefully written so that it is
nearly fool-proof when it comes to finances. We could never have happen here
what happened in Florida, where their Treasurer went off and invested in a bunch
of speculative real estate on behalf of the state. People, Walker
may be young and unqualified in your minds, and that is fine. But seriously,
take a step back from your hatred for Walker, or your over-infatuations with Ed
Alter and Richard Ellis and ask yourself: isn't 28 years enough? Sure, they are
saying how wonderful things are in that office, but you cannot make me believe
that they couldn't be doing things better. 28 years people!
Walker is quoted as saying "I come from the private sector, where you're judges
on exactly what you do." Is he trying to imply that in the public sector people
are not judged on exactly what they do? I hope each candidate is
accurately judged on their experience and results.Currently, Utah is:- The only state in the nation with an A rating on finances- The best
financially managed state in the country.Who's been making it
happen? Ed Alter and Richard Ellis. As Deputy State Treasurer, Ellis has
overseen the day-to day operations fo the office since 1996. Qualifications?Do I want someone with a degree in Finance an MBA and
extensive experience (Ellis), or do I want someone with a degree in political
science and a weak (and inflated) resume in the private sector (Walker)?No Brainer--I'm voting for ELLIS!!!
He'll get advisers from the private sector because he has no idea what to do
after being elected. He was in Sales at some lumber store when he ran for the
legislature 4 years ago and was hired by Zions ONLY BECAUSE he was a legislator.
They've got an R and a D--Ross Romero--so their bases are covered. As an R myself, and very involved in the political process for years, I'm
totally disgusted with the turn the party has taken in the past couple years.
The arrogance of the current leadership is frightening. He certainly
offered Ellis a job and promised him a higher salary. Of that I have no doubt--i
also have inside info. He needed Ellis. We'll lose our bond rating
with Walker in office.
For those who have been following the race and educating themselves on the
candidates, they might have read an article that appeared a couple of weeks ago
that exposed Walker for padding his resume.On Mark Walker's campaign
Web site, he touts his private-sector experience during his three-year stint as
Zions Bank manager of government finance. However, the Zions Human
Resources office defined his position as a sales resource officer, a job he left
at the end of March to run for state treasurer.According to Zions,
Walker's official job responsibilities included sourcing and developing
prospects and new clients, selling business banking services and products and
developing sales strategies and expanding referral sources.In other
words, he was nothing more than a salesman and is not qualified to manage a
taxpayer portfolio of roughly $12 billion. Walker is a political science major
who has no experience or background in financial management. He is not
qualified! Ellis has over 20 years of financial management and
treasury experience, a BS in finance, an MBA, teaches graduate students cash
management and investing, and is the current deputy chief treasurer. This is a no-brainer. Vote for Ellis on June 24th.
Per Elliss site/blog, Mark Walker declined the invitation to debate Richard
Ellis on Take Two with Rod Decker on Sunday. This is not the first invitation he
has declined. On his site, Ellis speaks candidly about the spin/misinformation
about him and addresses other pertinent matters. One has to ask
themselves the following question.Q: Why would Walker, who has a
degree in political science and recently worked as a salesman at RC Willey and
in sales at Zions Bancorp not want to debate Ellis? Should it matter that he has
NO financial management or treasury experience? Afterall, Walker did have the
worst voting record in committees of ALL legislators this year.Allegedly bribing Ellis who has vastly more experience and qualifications to
drop out of the race isnt a crime is it? So what if another paper has the email
backing Ellis claim against Walker.So Walker was exposed for
embellishing (some would call it lying) his resume and making claims that
weren't true? As for the issues, he is for cutting taxes and opposes
same sex marriage, neither of which have anything to do with the treasurer's
role.Let's debate. This is too easy. Be smart, vote for Ellis!
"I think the treasurer's office has been completely hands-off" Walker said.So just exactly what does Mark Walker want to get his hands on and why?
To Representative Walker::If you quit your job to run fulltime, why are
you not showing up for debates with your opponent? When a candidate is AWOL, it
usually means they do not want to answer questions like: what makes you think
you are qualified for this job? is this why you made an illegal job offer to
Richard Ellis???And, you say you are living off of salary and
commissions you earned at Zions. This sounds like an admission you were a
salesman and not a sophisticated investor as you say in your website. Did Zions
hire you after you became a legislator to use your influence to obtain the
taxpayer money from the local governments???