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 ...
CTA locked arm in arm with the Gubinator on 6 Props.
Ping
So now the lottery is an income source for the teachers>>>?
The teachers union and Arnold the Fool are only supporting those props that increase taxes, government and burden on the taxpayers.
Nothing new here.
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?
Tom McClintock: Selling off lottery would be bad dealAnd 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 Schwarzeneggers proposal to sell or lease the California Lottery, Speaker Fabian Núñez said Thursday.Its 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.
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