Monday, October 4, 2010

CPAs smack back at Ted

The Ohio Society of CPAs submitted a letter to the Columbus Dispatch this weekend that laid the smack down on the Governor not only for his immature and irresponsible response to the CPA endorsement of John Kasich, but also on a matter of much more importance - the upcoming $8 billion deficit.
In the statement, the governor said he had no interest in receiving the society’s endorsement because we affirmed that it is a CPA’s professional responsibility to inform a client of all retirement-planning strategies, including the reality that Ohioans can avoid state estate taxes if they become a resident of a state that doesn't assess them.

CPAs don't make the laws, but we do help our clients understand and deal with them.

It is disappointing that the Strickland campaign attacked a profession for meeting clients’ needs, when it could have been focused on addressing Ohio's budget woes.

The society met with the governor last fall to outline numerous ways Ohio could cut costs and reform government in a productive, forward-looking way. We are aware of few actions he has taken in response. We also shared our recommendations with members of the Kasich team at their request.
So the CPAs were good enough to sit down with last year, eh, Governor? But now that they've endorsed someone else, the hell with them, right?
Because the economic crisis is by far the most significant factor affecting Ohio, the society placed great emphasis during its bipartisan endorsement-screening process on how candidates were going to deal with Ohio's potential $8 billion budget shortfall. We reached out to the Strickland campaign numerous times, hoping the governor would meet with our review panel to discuss his plans for the impending budget deficit. He chose not to do so.
The next paragraph pointed out a key point that the Ohio media has failed to recognize in their complaints about neither campaign providing detailed plans for solving the budget.
On the other hand, Kasich and Taylor made themselves available and discussed their vision for Ohio and their plans for dealing with the shortfall. We neither expected nor received line-by-line budget details. Kasich isn't sitting in the governor's chair now, so he doesn't have access to the necessary financial data.

However, the input we did receive gave us a strong understanding of what he plans to do. Based on the interview, we believe Kasich is prepared to hit the ground running and take the steps needed to help the people and businesses in this great state once again grow and thrive.
The $8 billion shortfall is one of the largest crises Ohio has ever faced. For its sitting Governor to put politics over principle and refuse to even share internal documents with the very organization he sat with just last year on the issue speaks monumentally of his character, or lack thereof.


  1. Blah, blah, blah.

    Seriously, who cares about the Ohio CPAs endorsement?

    The budget is the GREATEST crisis we've ever faced? Not the Civil War. Not both World Wars, or the Great Depression? Not even the current recession?

    The budget situation in Ohio is overblown. Look at Texas, California, Illinois, and Florida. All are in substantial worse fiscal shape than Ohio.

    The Ohio CPAs admitted that Kasich and Taylor told them nothing new than what they've said publicly. And publicly, Kasich nor Taylor has not offered a SINGLE IDEA on how they'd close that gap.

    The fact is historically the Ohio CPAs have been a dependable endorser of the GOP. Even the Dispatch conceded as such. And with this endorsement, after promising that they would not endorse until a candidate released a detailed plan, the Ohio CPAs lost all credibility.

    Please, keep obsessing over endorsements nobody cares about, Keeling.

  2. Modern, you idiot, you got all hot and bothered when Jen Brun got an endorsement from a county party during the primary.

    Only some endorsements matter?

    Also, you have commented on every keeling post today, congrats hack.

  3. This comment has been removed by the author.

  4. Sorry, there was a typo:
    Yeah, imagine that, Henry Hill. That I would think that a county party's endorsment might matter in that party's primary.

    Yes, I will say it again. Nobody cares who the Ohio CPAs endorse except maybe its members

  5. But didn't Strickland interview for the CPA endorsement?

  6. Mod Esq: "The budget situation in Ohio is overblown. Look at Texas, California, Illinois, and Florida. All are in substantial worse fiscal shape than Ohio."


    Now I feel better... Look! Their boat is sinking way faster than ours! How comforting to know there are other states in worse shape.

    Maybe Strickland can use that in his campaign. "Hey at least we're not as bad off as Florida!"

  7. Look, most States are having a budget problem as a result of shrinking revenues from the recession. But nobody believes that it will be an $8 billion gap. That assumes that there's no economic growth from 2010 through 2012. We already know that the economy is growing in Ohio.

    The point is unlike most States where Governors raised taxes, Strickland cut them while cutting spending.

    In fact, we wouldn't even be facing a deficit had not Strickland been so determined to cut taxes.

  8. Who cares about Ohio Society of CPAs' endorsement?

    Those of us small business people who depend on our CPAs! We seek their advice each day. There are thousands of members in OSCPA. Those with practices have numerous clients. Do the math! Lots of listeners are taking note of who they endorse.

    I'm the organization's Career Coach. Short of Aunt Bea and Tony the Tiger any honest endorsement sends a message.

    Janice Worthington,President
    Worthington Career Services


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