ArnoldWatch Masthead
Home | Subscribe | Donate | Get Involved | Contact Us    

 
 
Home
Home
Energy Policy
Healthcare
Environment
Corporate Accountability
Political Reform


Home
Subscribe
Get Involved
Contact

How Much From Special Interests?

The Foundation For Taxpayer and Consumer Rights

Corporateering
 

News Archive - Web Logs - Press Releases

Feb 05, 2004 - 07:35 PM

Big Insurance & Big Oil Recovery Team?

by Carmen Balber
 
Campaign reports filed late tonight show that Arnold has transferred another $1 million from his "Recovery Team" to the committee to pass his $15 billion bond measure. That makes a total of $2 million transferred into the bond committee in the last nine days. In the same nine days, over $2.5 million poured into the "Recovery Team," with $100,000+ contributions coming from big developers, financiers, insurers, entertainment moguls and oil companies.

All of these dollars were moved almost immediately to the Gov's bond committee. Why the elaborate transfers, which obscure the bond's source of support? Voters are certain to lend more credence to a measure backed by "Governor Schwarzenegger's Recovery Team" than one whose primary backers include: Zenith Insurance Company, New West Petroleum, developer Castle & Cooke and Southern California Edison - all of whom could face tax hikes if the bond measure fails.





back to top



---------------

E-mail comments to ArnoldWatch at arnoldwatch@consumerwatchdog.org




Home | Subscribe | Donate | Get Involved | Contact Us | Privacy Policy    
ArnoldWatch is a project of the Foundation for Taxpayer and Consumer Rights, a non-profit, nonpartisan organization. FTCR does not endorse or oppose candidates.