Friday, October 20, 2006

CANTON REPOSITORY: CORDRAY THE BETTER CHOICE

Columbus -- The editorial follows:

Richard Cordray is a bright man, well-educated and eager to hold state office. He is running this year as the Democrat for state treasurer. The Repository endorses his candidacy.

Let's start with bright and well-educated. Cordray is a Phi Beta Kappa honoree from Michigan State University who went on to earn a master's degree in economics from Oxford University and a law degree from University of Chicago. If you are unmoved by academic credentials, he also is a five-time "Jeopardy!" champ.

As for eager, Cordray wants the state treasurer's office to play a role in economic development through the power of the treasurer to invest the state's funds. He wants to use the treasurer's office as an extra set of eyes on curious financial transactions, the kinds of transactions that led Ohio into the coin scandal at the Bureau of Workers' Compensation. He will look for ways to contribute to solutions of Ohio's economic problems.

Cordray serves now as Franklin County treasurer, where he has achieved record tax collections, helped refinance the county's debt and raise its credit rating, and instituted a program to assist senior citizens who have fallen behind in property tax payments. His opponent, Republican Sandra O'Brien of Ashtabula, has much more modest plans for the office and more modest qualifications. We are confident that Cordray is the better choice for Ohio.

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