Opponent drops bomb, steps in dog do

One of my opponents has published a false website in order to win. You can tell it’s my opponent because it is a) so negative and b) no one else has motive.

Here’s the link, so you can see it yourself.

Since the dawn of time, accounting has boiled down to:

  • Money on hand at the beginning of the period, plus
  • Contributions during the current period, minus
  • Expenses during the current period, equals
  • Money on hand at the end of the period.

The cyber-squatting hitsite says, falsely, that I have campaign debt leftover from my City Council campaigns (proof, the knucklehead says, that my opponent is more fiscally responsible than I am). The debt, she says, is caused by my total contributions being less than my total expenses.

Never mind that the forms have a spot for candidates to list their debt – and that those are blank on my campaign report (because there is no debt).

Sadly, as she asks you to elect a beginner who will not speak out against the Commerce Tax (hear that incredible audio clip here):

she gets it wrong – because there are no beginning balances on the report. As it turns out, if you total my reports from 2014 – 2016, I had more contributions than expenses, and had excess contributions in the bank at the beginning of 2017. There is no debt – that’s why the debt listing is blank. Simple for most people – scary as hell that somebody for whom it is too complicated is attempting to smear the field.

For students of irony, here’s a link to my 2001 legislation to add beginning balances to Nevada’s Campaign Contributions & Expenditure report. This provision was stripped from the bill by the Senate majority before it was passed.


Primaries are tough. No Republican really likes to fact check a fellow Republican, especially during a primary unless given cause. It is always unfortunate when you are given cause.

My primary opponent is now telling people that Republicans should not vote for a Certified Public Accountant (CPA) to serve as Nevada State Treasurer. He’s telling people this because he is not a CPA and I am a CPA. He’s saying we need a “financial adviser.” Why? He happens to be one.

In fact, he says that his Certified Financial Planner (CFP) certification is much stronger than my state CPA license. Maybe it depends on whose yardstick you use to measure.

There are many good CPAs out there. There are many good CFPs. I haven’t run into too many who want to compare apples to oranges, but let’s entertain my opponent.

You can read the Wikipedia entry on Certified Financial Planners or cut straight to the source.

The CFP education requirements include a bachelor’s degree (for CFPs after 2007) and asks students to take about six courses that cover these topics:

  • Insurance (life)
  • Employee benefits planning (better benefit plans for the management)
  • Investment and securities planning (capital gains treatment)
  • State and federal income tax planning (not part of the Treasurer’s Office)
  • Estate tax, gift tax, and transfer tax planning (death strategies for the very wealthiest)
  • Asset protection planning (ways of hiding real estate from people you owe money)
  • Retirement planning (for individuals)
  • Estate planning (avoiding probate when you die with a trust)
  • Financial planning and consulting

There is no question all of these topics come in handy when servicing upper middle to ultra wealthy families who can afford a CFP. Most of these topics, however, don’t have much to do with the duties of the Nevada State Treasurer.

What I find even more interesting is that the organization in charge of the CFP certification thinks more highly about CPAs than my opponent does. CPAs are exempt from taking the mandatory CFP classes because CPAs have already mastered these topics as well as many more. CPAs can take the CFP exam any time.

As it turns out, a Certified Financial Planner learns a subset of professional material that CPAs are required to master. CFPs are not, unfortunately, required to master any material that is aligned with the Nevada State Treasurer’s Office.

They are also not required to master a variety of topics that I have during my 30-year career as a CPA in Nevada. I have experience managing cash flow, investments, and debt. Nevada, as you may know, has more debt to manage than investments. I know because I served on the Clark County Debt Management Commission as a Las Vegas City Councilman.

In addition to being a CPA and providing finance guidance in the public and private sectors for the past 30 years (including 10 years of service in the Nevada State Legislature and on the state’s Finance Committee), I have also served as chief marketing officer for several companies during my career.

I suppose I could invest a great deal more time in outlining the differences between a CFP and a CPA. For example, CPAs are required to have 20% more college, required to get two years experience in accounting and auditing under the supervision of a licensed CPA, and must pass a rigorous 14-hour exam that covers everything: financial accounting and reporting, auditing and attestation, business environment and concepts, regulation, and so on. They are also licensed by the state. Once licensed, they are required to have 40 hours of continuing education every year.

I suppose I could list all of these distinctions and then some, but there really isn’t much point. Many CFPs are remarkably bright people when they are working on individual portfolios. Something else must happen to them when they try to run for office.

This is probably why Democrats are nominating a CPA with legislative experience to run for Nevada State Treasurer in this election. Republicans should do the same. And if Republicans want a Nevada State Treasurer who is already familiar with state government, the state budget, the Finance Committee, the Nevada State Legislature … then they will likely vote for the candidate they know will hit the ground running.

My name is Bob Beers. I am that candidate, and I am asking for your vote for Treasurer.



Happy Inauguration Day

Americans of all parties got to celebrate the inauguration of their favorite President today. Trump’s first anniversary was top-of-mind, of course. This morning, Nye County Republican Central Committee Chairman Joe Burdzinski spent part of his Chairman’s Report recounting his attending President Reagan’s inauguration 37 years ago today. He had some great observations, and concluded with the part of Reagan’s speech that day that still resonates for him:

In this present crisis, government is not the solution to our problem; government is the problem.

Reagan continued:

From time to time we’ve been tempted to believe that society has become too complex to be managed by self-rule, that government by an elite group is superior to government for, by, and of the people. Well, if no one among us is capable of governing himself, then who among us has the capacity to govern someone else?

Night out on the town

Sarah and I had a blast tonight at the Sienna Conservative Club Holiday Buffet & Party. We both came away encouraged by so many new Nevadans getting active in the process and decided to post this old editorial cartoon for Throw Back Thursday.

From 1999 to 2007, I lived and breathed the state budget serving in the Nevada Legislature. Both Democrat and Republican majorities appointed me to the “money” committee every session I served. There, I learned the ins and outs of state cash flow, revenue forecasting and state overspending habits. With this fresh knowledge, I requested a bill draft in 2004 (in between sessions) to rebate Nevadans with a credit on their annual car registrations due to over taxation. The Governor brushed me aside and championed the idea as his own in 2005, but I didn’t care, and was just happy Nevadans got back $300 per vehicle the next year.