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Money Flowing Past Loopholes in Recall Race

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Tom Yossarian Joad Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-30-03 12:55 PM
Original message
Money Flowing Past Loopholes in Recall Race
Edited on Sat Aug-30-03 01:15 PM by Billy_Pilgrim
http://story.news.yahoo.com/news?tmpl=story&cid=68&ncid=68&e=3&u=/nyt/20030830/ts_nyt/moneyflowingpastloopholesinrecallrace

By JOHN M. BRODER The New York Times

LOS ANGELES, Aug. 29 Just three years after Californians voted to impose controls on campaign financing, the unexpected recall election is turning into a spending frenzy without limits.


Six-figure contributions from labor unions are pouring into Gov. Gray Davis (news - web sites)'s anti-recall committee. Arnold Schwarzenegger jump-started his campaign with a $2 million donation of his own. Peter V. Ueberroth wrote his campaign a check for $1 million and expects to add $2 million more.


And the state's Indian tribes, flush with cash from casino operations, say they are planning to spend as much as $10 million on the recall campaign, mainly to benefit Lt. Gov. Cruz M. Bustamante, a Democrat, who has long supported their interests.


When it comes to the recall, experts say, California's complex campaign financing controls, a clutter of legislation, voter initiatives and court opinions, appear to be more loophole than law.

<snip>

Just goes to show, we have the best politicians money can buy. (Mark Twain)

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AP Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-30-03 12:58 PM
Response to Original message
1. Odd. I read that Davis has no limits on how much and how he can
raise.

Another one of the quirks of the recall.
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mitchtv Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-30-03 09:45 PM
Response to Reply #1
4. don't worry, another quirk is that if he wins
he must be reimbursed.
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realFedUp Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-30-03 01:13 PM
Response to Original message
2. add the link to the story...
this has something to do with the nature of a recall.
and are we surprised...
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Tom Yossarian Joad Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-30-03 01:15 PM
Response to Reply #2
3. Thx... Thought I had, but didn't!
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