Who’s Afraid of Campaign Finance Reform?

Published on

Arnold has always talked a
good game about cleaning up cash register politics even as he has
raised more campaign cash than any politician in California history.
Now he has a chance to do something about the problem. Prop 89,
on November’s ballot, curbs the power of special interests and
lobbyists by taking private money out of California politics. So
where’s Arnold? He always said he wanted to change the rules of the
game.

Julie Soderlund, press secretary of Arnold Schwarzenegger’s campaign,strongly hinted to NBC11 yesterday that the Gov opposed Prop 89.
Why? It raises corporate income taxes a modest .2% (from 8.84% to
9.04%) so politicians won’t have to kiss the butts of lobbyists and
special interest groups for campaign cash. Of course, Solderlund was no
doubt looking after her own back, since her salary comes from the more
than $90 million Schwarzenegger has raised to date for his campaign
committees.

In addition to leveling the playing field so candidates don’t have to
hustle for special interest cash, Prop 89 limits independent
expenditures contributions by corporations, labor unions and every
other group to $7500 total per election. Is that too tough for the
tough guy Gov who didn’t need anyone else’s money?

Arnold, isn’t it time to kick special interest butt, not kiss it?



Consumer Watchdog
Consumer Watchdoghttps://consumerwatchdog.org
Providing an effective voice for American consumers in an era when special interests dominate public discourse, government and politics. Non-partisan.

Latest Videos

Latest Releases

In The News

Latest Report

Support Consumer Watchdog

Subscribe to our newsletter

To be updated with all the latest news, press releases and special reports.

More Releases