Milton J. Sumption announced this past week that he was withdrawing his candidacy for Congress in the North Suburban Illinois 10th Congressional district.
If you are scratching your head and saying, "Who?," you are not alone.
Milt Sumption is a 40-something resident of Lake Bluff, who briefly had a low level job in Senator Tom Daschle's office in the 90's, then made a small fortune as an investment banker on Wall Street, got out just before the crash and decided to buy a pricey home on the North Shore and run for public office.
As often the case with overacheiving business types, he declined to start with something modest like school board or even the county Board, but reckoned that only his rapier intellect could save the rubes of Mark Kirk's district from themselves. So he jumped right in to run for the U.S. Congress.
A fellow has to start somewhere, why not the top?
But after spending a few grand to get on the ballot and accosting voters door-to-door in his posh neighborhood, Milt came to the sad realization that he had no name recognition, no base and not a snowball's chance in hell against the relatively veteran Dems, State Rep. Julie Hamos and perennial candidate, Dan Seals.
At least Milty had the good sense to pull the plug on his 3 month campaign whimsy before a bevy of political consultants could milk his hubris for all it was worth.
But that hasn't always been the case in Illinois.
10 years ago, the 30-something scion of the R.R.Donnelly telephone book fortune, Shawn Donnelly, decided that her massive experience as political affairs director of the family business made her the obvious choice to succeed outgoing 10th district Congressman, John Porter.
She spent several million of her inheritance on that Quixotic whim. In garnering a 4th place GOP primary finish, her chief contribution to the political heritage of the district seems to have been the invention of enormous, billboard-sized lawn signs, that have since been outlawed by many municipalities.
And then there was John Cox. A Glenview lawyer, he made a bundle in acquisitions and mergers during the go-go 80s and decided that he should then devote his formidable energies and newfound cash toward saving the people of the 10th CD. With no political or civic resume to speak of, he dropped a bundle on the race, but alas, he too was an also ran in that 2000 GOP Congressional primary.
Undaunted, Cox, however, reasoned that his problem was that he was wasting his time on too small a challenge. So he decided to drop another few mil in a 2002 bid for the U.S. Senate.
A paltry 3rd place showing there only served to convince him that his sights were still too low. So he began pouring his money into a laughable 2008 campaign for President (of the United States.)
In accord with his pattern of losing and then running for the next higher office, word is that he is now testing the waters for a bid for UN Secretary-General.
And then, of course there was Blair Hull.
He got his seed money as a high stakes Las Vegas blackjack player. He parlayed that stake into a fortune made gambling on the Chicago Board of Options Exchange.
He then sold the business to Salomon Bros. and set his sights on the 2004 U.S. Senate race.
He had a successful quasi-scientific system in Vegas and boasted that he had come up with a "surefire algorithim for winning campaigns."
Apparently his $40 million campaign warchest and his scientific formula didn't predict the
Chicago Tribune's yellow journalistic efforts which unearthed the nasty private details of his divorce and it was all for naught.
But there will no doubt be many future megabucks candidates who will arm themselves with the delusion that their business success (or huge inheritances)will be quite enough to secure for them high public office.
To steal a line from Paul McCartney's
Lady Madonna:
"See how they run!!"
