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CA: Money seals the deal between Schwarzenegger and CTA
SFGate.com ^ | 3/25/09 | John Wildermuth

Posted on 03/25/2009 10:06:41 AM PDT by NormsRevenge

In the movies, the hero often signs off on a major agreement by slashing his hand or thumb and sharing blood with his new partner. In politics, it's a lot less messy, since the partners just share money.

Over the weekend, the California Teachers Association agreed to back all six of the budget measures on the May 19 special election ballot. It's a move that likely drew a deep sigh of relief from Gov. Arnold Schwarzenegger, ...

The deal was sealed Monday when the CTA gave $47,500 to Budget Reform Now, the Schwarzenegger-backed group leading the campaign effort. On that same day, Budget Reform Now turned around and gave $31,150 to Repay Our Schools, the CTA-sponsored group that will run a campaign for Prop. 1B, which says the state will repay the schools for the $9.3 billion in guaranteed money that was stripped from them ...

.. another boost when group calling itself "Californians for Modernization" organized to back Prop. 1C, which allows the state to borrow $5 billion against future state lottery revenues.

...the group behind the group is GTech Corp., the Rhode Island company that provides all the equipment for the state lottery and will do any "modernization." ..

(Excerpt) Read more at sfgate.com ...


TOPICS: Business/Economy; Crime/Corruption; Politics/Elections; US: California
KEYWORDS: california; calinitiatives; callottery; cta; gtech; prop1abcdef; prop1b; prop1c; schwarzenegger
Special interests continue to destroy this state for no other purpose than to advance their agenda.
1 posted on 03/25/2009 10:06:41 AM PDT by NormsRevenge
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To: calcowgirl

CTA locked arm in arm with the Gubinator on 6 Props.

Ping


2 posted on 03/25/2009 10:07:53 AM PDT by NormsRevenge (Semper Fi ... Godspeed.)
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Comment #3 Removed by Moderator

To: NormsRevenge

So now the lottery is an income source for the teachers>>>?


4 posted on 03/25/2009 10:10:07 AM PDT by Ernest_at_the_Beach (What happened to my IRAs)
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To: All
GTECH Corporation
5 posted on 03/25/2009 10:12:35 AM PDT by Ernest_at_the_Beach (What happened to my IRAs)
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To: NormsRevenge
Great the Communist teachers union now has a voice in Government.
6 posted on 03/25/2009 10:16:04 AM PDT by Cheetahcat (Osamabama the Wright kind of Racist!)
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To: NormsRevenge

The teachers union and Arnold the Fool are only supporting those props that increase taxes, government and burden on the taxpayers.

Nothing new here.


7 posted on 03/25/2009 10:16:32 AM PDT by edcoil (Saliva will kill you but only if taken in small amounts over a long period of time.)
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To: NormsRevenge
The deal was sealed Monday when the CTA gave $47,500 to Budget Reform Now, the Schwarzenegger-backed group leading the campaign effort. On that same day, Budget Reform Now turned around and gave $31,150 to Repay Our Schools, the CTA-sponsored group that will run a campaign for Prop. 1B, which says the state will repay the schools for the $9.3 billion in guaranteed money that was stripped from them ...

That made my head spin all the way around.
8 posted on 03/25/2009 10:18:58 AM PDT by stylin19a (Obama - the ethical exception asterisk administration)
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To: NormsRevenge
CTA backing huge tax increases being proposed by a RINO Gov - Now, there's a surprise!!! Well, at least I now know what way to vote on the May 19 ballot - HELL NO!!! (not that my vote will count in this socialistic state.
9 posted on 03/25/2009 10:20:45 AM PDT by SoldierDad (Proud Dad of a U.S. Army Infantry Soldier presently instructing at Ft. Benning.)
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To: NormsRevenge

A year ago, Arnold told us the Lottery could be sold for $15 - $20 billion dollars.
With the struggling economy and budget deficit, he’s now willing to give it to his buddies on-the-cheap for $5 billion.

How about we just fire the whole lot of incompetents running the thing and turn it into a revenue generating machine?


10 posted on 03/25/2009 11:52:49 AM PDT by calcowgirl ("Liberalism is just Communism sold by the drink." P. J. O'Rourke)
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To: NormsRevenge
Linking to the 2007 McClintock article (when the proposal to sell the lottery for $15 billion was tossed around):
Tom McClintock: Selling off lottery would be bad deal
And an interesting tidbit from the SacBee, also from 2007 (link dead, but from this post):
The state Assembly will hire the non-profit run by former junk bond king Michael Milken to review Gov. Arnold Schwarzenegger’s proposal to sell or lease the California Lottery, Speaker Fabian Núñez said Thursday.

“It’s critical to get an independent assessment of any possible sale or lease of the lottery,” Núñez said in a statement. “Michael Milken and the Milken Institute have a sterling international reputation for their work, and the people of California will benefit greatly from their review of this project.”


11 posted on 03/25/2009 12:11:19 PM PDT by calcowgirl ("Liberalism is just Communism sold by the drink." P. J. O'Rourke)
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