[Shadow_Group] Fwd: [change-links] Crooked Arnold Greed

shadowgroup-l at lists.resist.ca shadowgroup-l at lists.resist.ca
Tue Nov 16 13:05:53 PST 2004


Crooked Arnold Greed

In the weeks leading up to the November election, Governor
Schwarzenegger took $500,000 from real estate mogul and
developer Alex Spanos, $100K from The Home Depot, $750K from
mortgage lender Ameriquest Capital, $250K from the parent
company of Fox News Channel and $1.5 million from tech
billionaire Henry Nicholas.  Based on the latest public reports,
Arnold will have millions to put in his burrow for the next
political season. ArnoldWatch has just released the new
Arnold's Top 100 donors and an updated chart of his top donors
by industry, available at:
http://www.arnoldwatch.org/special_interests/index.html

These recent mega-contributions are particularly noteworthy
because, as of Nov. 2nd, Arnold is no longer allowed to
sidestep voter-enacted contribution limits through creative
financing schemes.  Last June, the Fair Political Practices
Commission approved a rule change requiring that all campaign
committees controlled by a politician be subject to the same
contribution limits applied to their regular candidate
committees. The limit for donations to the Governor is $21,200.

The FPPC decided not to put this rule into effect until after
the election, allowing Arnold to continue raising above-limits
contributions including the millions noted above.

The question now is whether Arnold will try to circumvent the
new rules or if he'll respect the voters' limits on political
fundraising. Earlier this year Arnold's attorney Charles Bell
cynically dismissed the rule change: "When you look at a piece
of swiss cheese it does have holes in it."

Read more at 
http://www.ArnoldWatch.org






++++++++++++++++++++++++++STOP THE WALL++++++++++++++++++++++++++

www.stopthewall.org www.nad-plo.org www.hrw.org www.pal-arc.org www.endtheoccupation.org www.sustaincampaign.org






		
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