October 9, 2014
Ashby Foote sent the following verbatim news release:
Today, Ashby Foote announced his campaign for the Ward 1 Jackson City Council seat vacated by Quintin Whitwell.
“I want to make Jackson stronger: a stronger Jackson economy, better working infrastructure, and safer streets and communities,” said Foote, President of Vector Money Management, an investment advising firm he founded in 1988.
“This isn’t about political aspirations. I’d never entertained the idea of running for office before now. This is about serving my neighbors and city. I love Jackson. My wife and I have made it our home for thirty years. We want Jackson to succeed and Jacksonians to prosper.”
“Jackson is a great city, but like many cities we face economic, infrastructure and crime challenges and it is not easy to simply shrug one’s shoulders and sit on the sideline. I believe my extensive background in finance and economics can bring value and private sector vision to the decision making process at City Hall.”
“I want Jackson to perform up to its economic potential. That takes leadership at the neighborhood and city level. Strong neighborhoods are crucial building blocks for successful cities. It requires reliable infrastructure. It requires safety for citizens and businesses; crime is an economic killer. But business safety is more than just crime. Jackson must be hospitable to new enterprises looking for places to locate and good neighborhoods and schools for their employees. Businesses want a transparent, limited government that plays by the rule of law the same for everyone; cronyism is an economic wet blanket. We need a city government that focuses on the essential roles of government and does those efficiently while freeing up other areas for free markets and the private sector. This will help city government to live within its means and improve tax rates. Economic capital, intellectual capital, and creative capital flow to where they are well treated and safe. Jackson can be just such a place.”
Foote said he would be rolling out his campaign in coming days and said he looked forward to an active and vigorous campaign.
Ashby Foote is President of Vector Money Management, an independent registered investment advisory firm he founded in 1988. Foote graduated from the United States Military Academy at West Point in 1974. He served our country as an artillery officer and in the Army Reserves for over 10 years. Foote is recognized as a leader in economic development and economic growth, having held leadership positions on numerous boards in Mississippi as well as serving as a member of the investment committee for the West Point endowment funds. Ashby and Suzie Foote have been married for 30 years and have four children, Turner, Sarah Ashby, Stuart and Tommy. The Footes are members of Christ United Methodist Church.