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Sixth candidate enters treasurer race

October 14, 2003
By: Aidian Holder
State Capital Bureau

The race for state treasurer is getting crowded, with a sixth candidate throwing his hat into the ring. And, as Aidian Holder reports, the winner of the race is likely to be a force in Missouri politics.

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OutCue: SOC

Central Missouri Republican Blaine Luetkemeyer is the fourth Republican and sixth candidate to announce his intention to run for the state treasurer's post.

Luetkemeyer's platform is based on his plan to require the state to invest its assets in Missouri banks to help support Missouri businesses, a move he says will create thousands of jobs.

The state has just under $3 billion invested on any given day.

Actuality:luet2
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OutCue:
Contents: Leutkmeyer says the state has 90 percent of its cash invested out of state.

The treasurer has only limited power over the state's fiscal policy, but, perhaps more important, the post is a way for little known Missouri politicos to reach statewide notice and move on to other statewide office. Missouri's last two elected governors, Bob Holden and Mel Carnahan, served as treasurer before ascending to the governor's mansion.

But St. Louis County Republican Anita Yeckel, a state senator and candidate for the treasurer's job, says the post isn't neccessarily the fast track to the governorship.

Actuality: Yeckel
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Contents: Yeckel points out that governor's also come from the auditor's and attorney general's offices.

Other Republican candidates include state Rep. Brad Roark of Springfield and St. Louis businessman Tom Klein. House Minority Leader Mark Abel, a Festus Democrat, is competing with Arnold, Mo. mayor Mark Powell for the Democratic nomination.

Incumbent Democrat Nancy Farmer says she's not running for re-election; instead she says she'll challenge Kit Bond for his U.S. Senate seat in next year's election.

From the state Capitol, I'm Aidian Holder

Date: 10/14/2003

By: Aidian Holder

State Capital Bureau

A sixth candidate throws his hat into the ring for the race to replace State Treasurer Nancy Farmer, and as Aidian Holder reports, the latest candidate says he's got a plan to use the state's money to create jobs in Missouri.

Story:
RunTime:
OutCue: SOC

Central Missouri Republican Blaine Luetkemeyer is the fourth Republican and sixth candidate to announce his intention to run for the state treasurer's post.

Luetkemeyer's platform is based on his plan to require the state to invest its assets in Missouri banks to help support Missouri businesses, a move he says will create thousands of jobs.

The state has just under $3 billion invested on any given day.

Actuality:leut2
RunTime:
OutCue:
Contents: Leutkmeyer says the state has 90 percent of its cash invested out of state.

Incumbent Nancy Farmer isn't running for re-election; instead she'll challenge Kit Bond for his Senate seat in next year's election.

From the state Capitol, I'm Aidian Holder

Date: 10/13/2003

By: Aidian Holder

State Capital Bureau

The race for state treasurer is getting crowded, as a sixth candidate announces that he's running. Aidian Holder reports.

Story:
RunTime:
OutCue: SOC

Central Missouri Republican Blaine Luetkemeyer Monday became the latest candidate to announce he's running state treasurer's office.

Perhaps more important than the treasurer's limited power over policy is the post's history as a stepping stone to the governor's mansion.

St. Louis County Republican Anita Yeckel is one of the Republican candidates, and she insists the treasurer's post isn't a sure road to the governor's office.

Actuality:yackel
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OutCue:
Contents:

Incumbent Democrat Nancy Farmer isn't running for re-election; instead she'll challenge Kit Bond for his U.S. Senate seat in next year's election.