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Stung by bankruptcy revelations, Democratic CFO candidate withdraws after four days

by George Bennett | August 19th, 2013

Four days after launching a 2014 candidacy for Florida chief financial officer with the backing of the Florida Democratic Party, Allie Braswell is withdrawing from the race.

Braswell’s campaign was reeling from revelations, first reported by the Florida Times Union, that he filed for bankruptcy three times in two states since the 1990s.

“The bright spotlight of a statewide campaign has cast the ups and downs of my life into harsh relief, and I now know that this campaign is not the way I was meant to serve my community,” Braswell said in a statement released this morning.

Hoping to unseat Republican CFO Jeff Atwater of North Palm Beach, the Florida Democratic Party threw its support behind Braswell, a former Marine who was a Disney executive and president and CEO of the Central Florida Urban League.

“I am thrilled that Allie Braswell is running for Florida’s CFO, because he’s exactly the kind of leader we need in Tallahassee,” said Florida Democratic Party Chairwoman Allison Tant on Thursday.

Democratic strategist Kevin Cate, who was press secretary to former CFO Alex Sink, applauded Braswell’s quick departure.

“Good call by Allie Braswell. I’ve never seen a worse candidate roll out in my life,” Cate told Twitter followers.

Read Braswell’s entire statement after the jump….

Withdrawal statement by Democratic CFO candidate Allie Braswell:

Against all odds, a boy who played on dirt roads in Oviedo grew up to serve this great nation as a US Marine, and work as an senior leader at one of America’s most admired companies. That is what has always inspired me to serve, to ensure that today’s boys and girls can live the American Dream.

At the Urban League, I work every day with people who are struggling to make it. As I have experienced struggles in my life, so many people are struggling, and that is what inspired me to run for Florida’s Chief Financial Officer — to be a champion, standing up for the poor and middle class.

Before I started this campaign I talked with supporters and friends and family. This weekend, I have again discussed this campaign with those I love, and have reached a decision. Today, I am withdrawing from the race for Florida’s Chief Financial Officer.

I have, at times, faced challenges in life that have not met with the outcomes I have desired. I take full responsibility for my actions, and apologize to my supporters. The bright spotlight of a statewide campaign has cast the ups and downs of my life into harsh relief, and I now know that this campaign is not the way I was meant to serve my community. Running statewide is a daunting challenge for any candidate; as a political outsider, I have now learned that I underestimated how my campaign would affect those I care about most.

6 Responses to “Stung by bankruptcy revelations, Democratic CFO candidate withdraws after four days”

  1. Peter Schorsch Says:

    From the CFO race to House District 36, the Florida Democratic Party remains politically pathetic.

  2. Smoke and Mirrors Says:

    What a surprise, a Dem who can’t manage money.

    Hey Allie, it’s not that difficult…

    1. Don’t spend more than you earn.

    2. Don’t borrow more than you can pay back.

    Got it?

  3. Ralphie Boy Says:

    A corrupt and incompetent Democrat. what a shocker!!!! and equally shocking. the media does not question Tant’s credibility.

  4. Mike Hunt Says:

    I am so glad you brought up Taint. I feel that is an often overlooked area (especially at all the rest stops on 95). Last time I serviced a taint, I couldn’t get the cookiepus taste out of my mouth. It was a cross between battery acid and CountryTime Lemonade. But anyway I disgress. 3 days later it felt like I was pissing fire from my “cobra eye”, that when I tried to do a homoerotic choke out at a PTA after-party, I just wasn’t able to perform. It brought the party to a close real fast. But thanks again for reminding me of that. Will you be at the bake sale next week?

  5. I TOOK A 2ND BITE Says:


    Bake Sale?! Bake Sale?! This guy went “belly-up” and lost his job and you want to talk about a bake sale?!!

    Look, I’ve been to those PTA after-party’s and let me tell you this son; Don’t you dare assume that a chocolate bar floating in a swimming pool is a Baby Ruth…Trust me

  6. kelly Says:

    What’s the problem? Trump toys with running for President! How many bankruptcies has he had?

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