
The September 1 campaign finance deadline has come and gone. There will be plenty to report on, but we must begin with the final numbers for ex-TV anchor Stewart Ledbetter’s failed bid for state Senate. It’s one for the history books. Ledbetter managed to turn his broadcasting fame and an immense pile of cash into a fourth-place finish in a race for three Democratic nominations.
The carnage: Ledbetter’s campaign raised a total of $68,557, including $10,518 between August 1 and primary day. That has got to be an all-time record for a Vermont legislative campaign. If anyone can think of a more costly effort, I’ll amend this post*. And Ledbetter raised all that money for a primary. He didn’t even make it to the general.
*VPO reader and Middlebury College professor Jason Mittell points out that although Ledbetter had the biggest campaign fund, he was actually “bested” in spending per vote. By Mittell’s reckoning, Elizabeth Brown, business-backed Democratic candidate in the two-seat Waterbury district, spent an incredible $35 per vote received**.
**And we have a winner! Reader David Ellenbogen points out gas station magnate and G.W. Bush megadonor turned ambassador Skip Vallee. He ran for state Senate in 2000 and finished eighth in a race for six seats despite spending (according to Seven Days) an incredible $123,000, including $60,000 of his own money. Vallee remains unchallenged as running the most expensive campaign for a legislative seat in Vermont history. Unlike Ledbetter, however, Vallee at least advanced to the general and spent his wad over the full campaign season, not just the primary.
He spent a total of $58,495 on his campaign, including an amazing $28,962 after the end of July. He was spending money at a frantic pace when many voters had already cast their ballots. It’s understandable, since there must have been a desperate scramble to shovel cash into any available furnace. Even so, he managed to leave more than $10,000 unspent.
Ledbetter got 3,159 votes in the primary. Which meant he spent $18.51 per vote.
Apologies for all the italics, but the numbers are simply astounding. And not in a good way.
Continue reading


