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Hogan loans campaign $325,000 in 'seed money'

Hogan mug.jpegRepublican gubernatorial hopeful Larry Hogan said Saturday that he has put $325,000 of his own money into his campaign and is eager to formally launch his bid.

Hogan, a Cabinet secretary under former governor Robert L. Ehrlich Jr. (R), announced an exploratory effort in September. He repeatedly has said he would not be a candidate if Ehrlich seeks a rematch with Gov. Martin O'Malley (D) this year. A decision from Ehrlich is not expected for several more weeks.

Hogan declined comment Saturday on Ehrlich and said the $325,000 in loans would be detailed in a campaign finance report due Wednesday.

"I thought I needed seed money to prime the pump, in order to be prepared for a launch, do an announcement, and put the initial organization together," Hogan said. "So, I put $325,000 of my own money into my campaign account in order to be ready to get things started."

Hogan, a real estate broker, served as appointments secretary under Ehrlich, a position that involved putting thousands of people into jobs in the administration. Hogan and Ehrlich each describe the other as a friend.

O'Malley is starting the year with a major financial advantage over all potential opponents. His campaign said this week that it has more than $5.7 million in the bank.

Hogan said he has not held any fundraisers, and Ehrlich engaged in only limited fundraising last year.

George W. Owings III, a former state veterans affairs secretary who ischallenging O'Malley for the Democratic nomination, said this week he has not raised much money yet either.

By John Wagner  |  January 16, 2010; 4:06 PM ET
Categories:  2010 Elections , John Wagner  
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Comments

Ummm...smart financial move, bro! No wonder the MD GOP is bankrupt. Do we really want this guy in charge of the state budget?

Posted by: free-donny | January 16, 2010 6:53 PM | Report abuse

Hogan is an absolutely idiot.

All you have to do is spend 5 minutes with the guy and you know that his daddy's name is all he has.

And, his daddy was terrible too.

Maryland needs to dump all these has-beens and look for new leadership.

Hogan and O'Malley are two sides of the same coin, uselss political figures with little intelligence and lots of ego.

Posted by: politicalregister | January 16, 2010 11:17 PM | Report abuse

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