Walsh Raising Money Like Someone Retiring
The end of the year FEC reports are out and Jim Walsh's bank account is thin. Walsh has just $72,000 cash on hand, going into 05 Walsh had over $400K on hand. Having won with just 51% and blood in the water, you'd think that if he was running for re-election Walsh would be padding his bank account to scare off potential challengers.
Walsh has never been a great fundraiser, the prospect of another competitive expensive race must have him thinking. This time he doesn't start out with the benefit of excess funds from an uncontested election plus he is no longer a spending cardinal and he is no longer a member of the majority, both of which will make fundraising more difficult than last time.
Ultimately it comes down to two things, if Walsh's ego can take another tough election of his record being exposed and if he has the stomach to raise the money necessary to win. At this point, on both accounts, all signs point to Walsh taking a pass at re-election.