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| 3/2/2010 2:04:00 PM | Email this article • Print this article | Buttigieg Plans State Treasurer Run
Daniel Riordan
Times-Union Staff Writer
A South Bend native is set to throw his hat into the state treasurer's race later on this spring as the Democrat's nominee.
The current state treasurer is Republican Richard Mourdock.
Pete Buttigieg, 28, was in Warsaw Monday evening to talk to a group of Kosciusko County Democrats at Richard's Restaurant.
Buttigieg said that his campaign is technically still an exploratory one but he expects to make an official announcement in the spring.
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The treasurer's race at the primary level is decided at each party's convention.
Buttigieg's resume includes graduating as valedictorian from South Bend St. Joseph's High School before going on to Harvard where he graduated magna cum laude in history and literature.
After graduation, he was named a Rhodes Scholar and attended Oxford University where he studied economics.
He is the co-founder of the Democratic Renaissance Project and a Fellow at the Truman National Security Project. He has worked on Capitol Hill, for NBC in Chicago and on congressional, gubernatorial and presidential campaigns.
He is a past winner of the John F. Kennedy Library's "Profiles In Courage" national essay contest, has served as president of Harvard's Institute of Politics, on the board of the College Democrats and as an editor at the Oxford International Review.
He is also an officer in the U.S. Navy Reserve.
Buttigieg said that while the treasurer's race isn't high profile race, it's an important one.
"Some of these down ballot, statewide offices play an important role," said Buttigieg Monday night.
Buttigieg took issue with Mourdock's role in a 2009 lawsuit. Mourdock, along with several state pension funds, filed a suit against Chrysler. The lawsuit asked to delay the sale of Chrysler to Fiat. Pension funds like the state teacher's and police funds had Chrysler bonds in their portfolio.
Those bonds were bought at 43 cents per dollar but when Chrysler was sold they were going to get less.
Mourdock argued that the sale was unlawful because unsecured creditors would get paid before secured creditors.
The case made it to the U.S. Supreme Court before the high court decided not to allow a stay of the sale.
Buttigieg said that move could have cost the state around 6,000 jobs.
Buttigieg said that he plans to be a good steward of state money.
"You look at something like the sale of the toll road," said Buttigieg. "Everyone has an opinion on that one way or the other but what everyone can agree we have this pool of money and we have be careful with how we use it."
Buttigieg said he didn't feel that his age was an issue and that his accomplishments and experience speak for themselves.
He also said that his record notes that when coming to financial issues he is conservative.
For more information on Buttigieg, visit www.peteforindiana.com
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