These union ads against Arnold are LIES. BOLD. UNABASHED. Since when it a 401K "risking in the stock market" but CalPers investing pension dollars in mutuals somehow a "guarantee"? Riiiight.
The unions have a SHOCKING amount of money and are flooding the airwaves more aggressively than at any off-year time than I can recall in CA.
You may be a newzjunkey, but you need to become a recent history junkey! The most excellent ballot measure was narrowly defeated by the energized yooonyuns in June 1998 and Gray Davis was elected that November!!! (try to remember...)