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 16, 2006 - 04:20 PM

The Bonds That Bind

by Carmen Balber
 
This letter was sent to Arnold today calling on him to impose a moratorium on fundraising from any construction and development industry interests that might benefit from his proposed infrastructure bonds.

February 16, 2006

Governor Arnold Schwarzenegger
State Capitol
Sacramento, California 95814

Dear Governor:

The Los Angeles Times reports today that you have set a $120 million fundraising goal for your 2006 re-election campaign. To be successful, you will have to raise an average of $465,000 a day -- about $20,000 an hour -- between now and Election Day. That's 120 million opportunities for the voters to question just what your donors are getting for their money, and a sure way to go about convincing the public that you're placing special interests above the public interest.

As you begin this record-breaking fundraising effort, you will also be stumping for $222 billion in infrastructure spending. Each of the proposed bond-financed projects promises millions in contracts to the construction and development industry. This is an industry that has already contributed $12 million to your campaigns.

An inherent conflict arises when donors give money in hopes of winning business with the state. State contractors should not be allowed to buy their way into the administration's favor. We call upon you to refuse donations from companies that stand to benefit from the proposed infrastructure bonds.

Sincerely,

Carmen Balber




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.