Meg Whitman: Carly Fiorina needs more than CEO experience

As reported by CNN Money:

Hewlitt-Packard CEO Meg Whitman — who is taking over HP Enterprise in the company’s split — said Carly Fiorina’s experience working in corporate America doesn’t by itself make her the most qualified Republican presidential candidate.

“While I think business strengths are important, I also think having worked in government is an important part of the criteria,” Whitman said in an interview with CNN’s Poppy Harlow. “I think it’s very difficult for your first role in politics to be President of the United States and so I think having experience in either the Senate or as the governor of a state is really important.”

Fiorina, a former HP CEO, has cited her business experience as one of her biggest strengths in her run for president. …

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What Can Jerry Brown Buy With His $24 Million War Chest?

Being close to a one-party state is distorting California politics in unpredictable ways. The latest: According to the Los Angeles Times, Gov. Jerry Brown still holds almost $24 million in his 2014 war chest for governor.

The reason is his Republican opponent last November, Neel Kashkari, wasn’t much of a challenge, Brown spent less than $6 million on his re-election campaign, largely for ads backing Proposition 1 and Proposition 2.

That was different from in 2010, when he faced billionaire Meg Whitman, who spent $180 million.

Which means that, in the future if a Democrat for governor faces a Republican in the November election, a similar war chest will be built up, giving the new governor enormous financial clout. The only exception would be if another wealth Republican wanted to blow $180 million — or, perhaps, is a Hollywood celebrity, like Arnold Schwarzenegger.

Brown now will be using his war chest to back statewide initiatives in 2016. So he’s going to be courted. And legislators, even those in his party, will be wary of opposing him lest he fund their opponents.

What about if he runs for president? The Federal Elections Commission told me, “No, he can’t use that money for a federal campaign. Only for state campaigns.”

So if he makes a run at Hillary, he’ll be starting from zero.

Originally published on CalWatchdog.com