The Best Senator Money Can Buy

I guess Stewart Ledbetter is serious about this midlife crisis “running for office” thing. Because of all the campaign finance filings submitted by yesterday’s deadline, the former WPTZ anchor slash cromulent host of “Vermont This Week” reported a truly eye-popping $49,189 in donations — the vast majority in increments of more than $100.

And if there was any doubt about his centrist leanings, a perusal of his donor list would drown all uncertainty under a tsunami of conservative and business community cash. The Big Boys want to see Ledbetter in the Senate.

Where do I even begin? How about this: Ledbetter got big-dollar gifts from a total of 51 people. The average donation from each? A smidge under $900. And heck, if you roll in the 50 small donors, the average single donation to Ledbetter for Senate was a hefty $477.12.

He’s rollin’ in it. Can he buy a Senate seat? It remains to be seen, but he’s sure as hell trying.

The most dismaying aspect of Ledbetter’s well-heeled candidacy is that he is running in what seems to be the most progressive Senate district in Vermont: Chittenden Central, which includes northern and central Burlington plus all of WInooski and Essex Junction. (The district map is an homage to Elbridge Gerry if ever I saw one.) The three-seat district is currently represented by Senate President Pro Tem Phil Baruth, who serves as a Dem/Prog; Sen. Martine Gulick, the only member of the Senate Education Committee to put up a fight during Zoie Saunders’ confirmation hearing; and Prog/Dem Sen. Tanya Vyhovsky, one of the Progressive Party’s brightest hopes for the future.

Gulick is currently vice chair of Senate Education, and would presumably be in line to chair the committee next year. That is, if she’s still in the Senate. Ledbetter poses a very real threat to either Gulick or Vyhovsky in a four-way August primary for three Democratic nominations. (Baruth seems safe, and his complete lack of fundraising effort suggests that he sure feels that way.) And considering the district’s progressive lean, it’d be a damn shame if Ledbetter leverages his name recognition and cash advantage to win a seat in the Senate where, given this year’s departures, he might be the most conservative member of the Democratic caucus.

His donors seem to think so. They include a lot of people whose natural home is the Republican Party except, well, the VTGOP is such a hopeless case that there’s no point in giving them any money, or any sharp objects for that matter. Here’s a fairly complete but not comprehensive list of Ledbetter’s sugar daddies and mommas:

  • Bruce Lisman, former Republican gubernatorial candidate, fondly remembered in these parts for a 2010 talk in which he described the 2008 financial crisis (during which Lisman was a top exec at Bear Stearns) as “a Darwinian asteroid” and “this thing that happened,” and described investment capital as “the most precious thing in the galaxy,” gave a cool $1,000 to Ledbetter for Senate.
  • Mark Bove, noted Burlington-area slumlord, $1,000.
  • People named Tarrant, including hapless Republican Senate candidate “Richie Rich,” a total of $5,000.
  • Eric Farrell, Burlington developer, $1,000.
  • Members of the Pizzagalli construction family, $2,000.
  • Multiple-time Republican candidate and twitchy travel maven Scott Milne, $500.
  • People named Pecor, of the Lake Champlain Ferries etc., $2,000.
  • CB Properties LLC, a corporate entity owned by real estate broker Charles Brush, $1,000.
  • Jeffrey Davis, developer memorialized in 1996 by Seven Days as “The Man Who Malled WIlliston,” $1,000. (Yep, he’s responsible for the atrocious sprawl off Exit 12.)
  • Adam Hergenrother of BlackRock Construction, $1,000.
  • James Crook, private equity investor, $1,000.
  • Scott Boardman, chair of the Hickok & Boardman insurance agency, $1,000.
  • Phyllis Bissonnette, presumably of the Bissonnette family real estate investment/landlord operation, $1,000.
  • Craig Bond, auto parts magnate, $1,000.
  • Marilyn Larkin, Burlington realtor, $1,000.
  • Charlotte Gardner, Burlington realtor, $1,000.
  • Anne Hauke, co-owner of the real estate firm DGH Enterprises, $1,000.
  • Andrew Goodman of Signal Partners, an investment group, $1,00.
  • Tracy Byrnes, described on her LinkedIn page as, saints deliver us, a “Product visionary for performance apparel and footwear brands,” $1,000.
  • Al Gobeille, Burlington restaurateur turned Phil Scott cabinet mainstay, a measly $200. C’mon, Al!

Ledbetter has received a few donations from known Democratic figures including former governor Peter Shumlin, former treasurer Beth Pearce, soon-to-be-former Sen. Brian Campion, But they combined to give less than $1,000, and they pale in comparison to the list of big-business and conservative donors itemized above.

(VTDigger’s article on Ledbetter’s fundraising basically both-sidesed his donor list, saying that he “appears to be benefiting from the support of prominent political figures from two major parties.” That’s kinda-sorta true if you don’t count all the donors who normally show up on the Republican side of the ledger. (It also helps that the story identifies Gobeille only as a restaurateur and former executive, while omitting his years in the Phil Scott administration.) It also reports that Ledbetter drew donations from “a handful of well-known local property developers,” which severely understates the quantity of his support from the broader business community.)

In truth, Ledbetter’s bloated campaign kitty draws almost entirely on conservative figures and business leaders who’d be giving to Republicans if there were any worthy of support. They have given him a huge financial edge over the three incumbents in the race. It remains to be seen if he can leverage that money into a primary victory; he can’t possibly buy $48K worth of yard signs and mailers, and if he invests in TV ads he’ll be wasting most of his money on viewers outside of Chittenden Central.

Ledbetter will also have to overcome the normally huge advantage of incumbency in Senate contests — and his obviously poor ideological fit with the district. (Of course, this district is only two years old and many voters may not even know their senators.) But he’s going all out, and so is his apparent constituency: the well-to-do of Chittenden County.

6 thoughts on “The Best Senator Money Can Buy

  1. Rama Schneider's avatarRama Schneider

    This comment is not about Ledbetter the person – I don’t know him beyond what I’ve seen on the TV news.

    I do know, however, that the only reason he got the initial press coverage he did, was because his barely ex-employers pushed the story for two days and then of course all the friendlies in VTDigger and Seven Days picked it up.

    Ledbetter’s only comments regarding agenda were the typical Scott style not even vague, but absolutely empty statements of something and whatever else. He’s being put in to be a secretive plant for Gov Scott.

    Oh, and about that totally unreported by everybody but me story on Scott:

    Scott opted to literally (as in the literal sense, not the figuratively literal), Scott opted to literally ignore our Vermont state constitution, Vermont statute, and the will of hundreds of thousands of Vermonters as expressed through our state Senators. When the Vermont Senate roundly rejected Saunders as Scott’s nominee for Vermont Secretary of Education, why the Governor threw a public hissy fit, stomped his feet, and appointed Saunders anyway.

    Let’s start with that constitutional thing (link). Chapter II, § 20. [Governor; executive power] states in part

    The Governor, and in the Governor’s absence, the Lieutenant-Governor, shall have power to commission all officers, and also to appoint officers, except where provision is, or shall be, otherwise made by law or this Frame of Government; and shall supply every vacancy in any office, occasioned by death or otherwise, until the office can be filled in the manner directed by law or this Constitution.

    And then on to Vermont statute 3 V.S.A. § 2702 which states

    § 2702. Secretary of Education

    (a) With the advice and consent of the Senate, the Governor shall appoint a Secretary of Education from among no fewer than three candidates proposed by the State Board of Education. The Secretary shall serve at the pleasure of the Governor.

    (b) The Secretary shall report directly to the Governor and shall be a member of the Governor’s Cabinet.

    (c) At the time of appointment, the Secretary shall have expertise in education management and policy and demonstrated leadership and management abilities. (Added 2011, No. 98 (Adj. Sess.), § 1, eff. Jan. 1, 2013.)

    A very interesting thing about both the constitution and statute is that nowhere is there any hint that the Governor can ignore the rejection of a cabinet nominee that is subject to the advice and consent process. The constitution said to bow to statute which specified “with the advice and consent”, and not, as Scott would have us believe, “despite the advice and consent”. Scott choose to go the ignore route.

    And that is impeachable by any definition. Whether it happens or not is up to the General Assembly.

    Reply
  2. rudigervt's avatarrudigervt

    There’s a lot of money (apparently) to fund stealth, DINO candidates. The efforts appear to be both broad and targeted. The state-level party leadership is sidestepping it. As a stalwart Dem, this is upsetting.

    Fun fact: In large measure because of Act 127, property owners in Winooski will enjoy a 40% drop in the cost of educating the children living in their town. Will, say, the Boves, reflect this drop in their cost of doing business and adjust the rents accordingly they charge their Onion-City tenants?

    No.

    There is more to this story, and as you’ve observed, we can rely on the press corps to give complete deference to any of their kind. This is how people operate, so it’s not surprising.

    Reply
  3. Nancy Braus's avatarNancy Braus

    In Brattleboro, there is a very similar race to the Ledbetter attempt to be a DINO. Emilie Kornheiser, chair of Ways and Means in the House is being challenged by Amanda Thurbur to eliminate the push to tax the wealthy. The just had a forum last night, and Thurbur even stated – this is very paraphrased- “what if I was an MIT graduate- would I start my tech business with the tax on income over $5 million? Like taxing income after the first half million is a bad thing? Thurbur was encouraged to run by a Brattleboro Development credit corp exec. The Phil Scott wing or the Democratic party is really trying to get rid of those pesky progressive voices.

    Reply

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