John Kasich has a very strong record for the work he did on balancing the budget while in Congress, and should be a heavy favorite to win in an anti-Democrat/anti-Incumbent environment.
That being said, his major achilles heel will be that he spent the past 8 years on Wallstreet, at Lehman Brothers. Lehman cost Ohio's pension fund almost half a billion dollars, and while that is not Kasich's fault, it doesn't take a political genius to see how easily the situation can be demagogued.
Strickland has launched a campaign to get him to reveal his bonuses from Lehman over that time that Ohio's pension fund was blowing up. The 2 things have nothing to do with eachother, but being considered complicit and in bed with Wallstreet is possibly the most toxic thing that can happen to a politician in this environment.
The message for the next 5 months is going to be to just hammer the idea of electing a Wallstreet executive to run a state that's pension funds were hit with hundreds of millions of dollars in losses because of the failure of a firm that man was an executive at. Karl Rove himself couldn't ask for more ammunition if you're looking to mount a campaign around demagoguery and class warfare as the ads write themselves.
Question is, is everyone ready for what will surely be a nasty campaign season?
Here is the Politico blurb, and then a link to the commercial.
Commercial:
http://www.politico.com/morningscore/DEFINING KASICH: An independent expenditure group led by the Democratic Governors Association is going up today with an aggressive ad against Ohio gubernatorial candidate John Kasich, highlighting the former Republican congressman's work as a banker at Lehman Brothers. The commercial, from Building a Stronger Ohio, describes Lehman as "one of the Wall Street banks responsible for the crash that hurt Ohio's economy," and warns: "Lehman Brothers hid toxic loans from regulators and gave out more than $16 billion in bonuses while Kasich was a managing director. ... But Kasich refuses to reveal how big all his bonuses were or how much he was paid." Images of a check made out to Kasich for "Untold Millions of Dollars" flash on the screen before the narrator says in closing: "Ask John Kasich to explain how he got rich on Wall Street." Watch the ad here.
Democratic Gov. Ted Strickland has already been hammering Kasich over his Wall Street ties, and Building a Stronger Ohio has the resources to make this new hit sting: it's taken in $1.7 million in contributions this month, including $1.5 million from the DGA, according to documents filed with the Ohio secretary of state. The group has also launched a new site to go after Kasich at www.strongerohio.org.