Govinator Breaks Campaign Finance Laws

This post was written by marc on January 27, 2004
Posted Under: Politics

Gov. Arnold Schwarzenegger broke state law last year when he used a loophole to loan his campaign committee $4 million, a move that prevented voters from knowing before Election Day who would end up paying the governor’s campaign bills, a judge ruled late Monday.

Schwarzenegger will probably face no fines as a result of the ruling, but he will be blocked from paying himself back with the more than $3.4 million he has raised since his election and will have to convert the loans into a personal contribution to his campaign.

The millionaire former movie star contributed an additional $4.85 million in cash to his campaign before the Oct. 7 recall election.

Sacramento County Superior Court Judge Loren E. McMaster said Schwarzenegger’s use of a loophole to avoid a $100,000 cap that voters imposed in 2000 on candidate loans “flies in the face of the express purpose of the law.” He said Schwarzenegger’s approach would allow rich candidates to “evade both the $100,000 loan limitation and the requirement of pre-election disclosure of contributions, while those limitations would apply to candidates of more modest means.”

Reader Comments

Wow! Your very own troll! You must feel so special…

I’m guessing that the Gropenfuhrer’s Brownshirts are trying to transform Calley-Fornia into their very own FolkStadt. Especially if they have enough time and resources to concern themselves with the likes of you. Either that, or you’ve touched on one of their sore spots.

In any case, my congratulations/condolences – both for the monkey on your back, and the monkey running your state (into the ground). Calley-Fornia here I don’t come…

Written By (: Tom :) on January 28th, 2004 @ 7:07 am

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