Richard Ellis

Campaign for Utah State Treasurer

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Welcome to the Richard Ellis for Utah State Treasurer blog

Saturday, March 22nd, 2008

Welcome to my blog. I thought this would be a means by which I could discuss current issues that are relevant to the State Treasurers office. On a weekly basis, I will update the blog with my thoughts regarding current events or topics that will aid you in deciding on the best candidate for Utah State Treasurer.

I hope you’ll spend some time on my website getting to know me and what I bring to the table. The State Treasurer’s office plays an unsung role in state government. However, its role helps keep taxes down by generating investment income. It’s the only office in state government that generates substantially more revenue than it consumes in expenses. That should be important to taxpayers.

Current turmoil in the capital markets directly impacts the things we do – invest money and issue debt. We’ve been able to navigate through the land mines very successfully the past year. However, the longer the liquidity crisis exists in the market, the more difficult it is to find a safe haven to invest the state’s moneys.

So, come back on a weekly basis. Hopefully you’ll find my thoughts useful as you decide who you want to invest your tax dollars.