David Cohn is running for Treasurer of Hermosa Beach.
David Cohn says that he will (not will try, but will) bring in $300,000 more per year than the incumbent is currently bringing, without compromising financial safety.
David Cohn promises to "make the city's investment activities transparent."
Apparently he has no plan to make his campaign promises transparent. I cannot find, anywhere, how David Cohn plans to improve Hermosa Beach's financial returns without increasing risk.
Remember when Orange County went bankrupt in 1994 because Robert Citron, the Treasurer-Tax Collector of Orange County, in pursuit of fantastic returns, took fantastic risks and lost the citizens of Orange County a fortune?
I have looked for David Cohn's plan in the local papers and on his Facebook page and on Twitter (he doesn't seem to have a website), and I cannot find a plan. Here is from Twitter: "There are 9 investments we can go to to spread risk, we are only invested in one of them. We need to spread the risk." - David Cohn
What are "The 9 Investments"? Are we supposed to Tweet you with guesses? And of course, spreading risk is good, but it is not the same thing as increasing return.
David Cohn, please detail your plan to make us MORE MONEY, RISK FREE! (is it the all caps that make that sound really sketchy, or did I put that in all caps because it sounds really sketchy?) I will apologize profusely if you have already detailed your plan in writing somewhere, and I just don't have the internet skills to track it down.
And please don't be afraid you'll bore us with details. I like being bored by the details of low-risk/high-return investments.
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