State Treasurer: An Elected Office Where Money Really Matters
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California's State Treasurer manages the state's $70 billion investment fund and markets billions more in bonds for the state and local governments. The incumbent is Bill Lockyer, a Democrat who's been in elected office for 37 straight years. Challenging his re-election is Mimi Walters, a former investment banker termed out after 12 years in the state senate. We hear them debate. What does the environment have to do with it? Also, the Rose Parade and southern cooking. On our rebroadcast of today's To the Point, the Tea Partiers and the Congress.
Banner image: Candidates for State Treasurer, (L to R) Democrat Bill Lockyer and Republican Mimi Walters
Candidates for State Treasurer Debate ()
California's State Treasurer is a little-known officer who deals with a lot of money. He or she oversees a $70 billion investment account, issues billions bonds for public works projects and sits on governing boards and commissions. The incumbent is Democrat Bill Lockyer, who's been in the Assembly, led the State Senate and was Attorney General for eight years. He's running for re-election. His Republican challenger is State Senator Mimi Walters, who was an investment banker before serving the maximum three terms in the upper house in Sacramento.
Jonathan Gold on Rose Parade Grand Marshal Paula Deen ()
On Tuesday, Pasadena's Tournament of Roses announced Paula Deen as the Grand Marshal of the 2011 Rose Parade. The Tournament calls the southern restaurateur with two shows on the Food Network the embodiment of this year's theme, "Building Dreams, Friendships and Memories." But the LA Weekly's Jonathan Gold told the Pasadena Star News the Deen "exploits and despoils the culinary movement [Julia] Child did so much to prod into being." Now he's written an open apology.
The Tea Parties and the Consequences in Congress ()
A recent study by the New York Times estimates that about 30 Tea Party candidates have a chance of getting to Congress and eight or so to the Senate. We talk with Tea Partiers and others about where they're coming from and how even a small contingent could have a big influence on Capitol Hill.
- Kate Zernike: Washington Correspondent, New York Times, @kzernike
- Chris Littleton: Co-founder, Ohio Liberty Council, @clittleton
- Mark Herr: Organizer, Mid-South Tea Party
- Jill Lepore: Professor of American History, Harvard University
- Larry Sabato: Director of the Center for Politics, University of Virginia, @larrysabato
- Jonathan Alter: Senior Editor and Columnist, Newsweek, @jonathanalter
Which Way L.A.? is made possible in part by the Ralph M. Parsons Foundation, the Nathan Cummings Foundation, and the John Randolph Haynes and Dora Haynes Foundation, which supports study and research into policy issues of the Los Angeles region.
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