Free Republic

Gov. Arnold Schwarzenegger released three years of tax returns Friday, showing that the actor turned politician is now making more money in investments than he is through his movie company. Schwarzenegger reported earning a $4.2 million salary in 2004, largely from film revenue, which was a significant drop from the $18 million he made in 2002 when he starred in Terminator 3. But in his first full year as governor, Schwarzenegger accumulated most of his income through capital gains, according to copies of tax returns that his investment firm allowed reporters to read but not copy. Schwarzenegger's tax returns showed...

SACRAMENTO — Gov. Arnold Schwarzenegger ended his $8-million contract with a muscle magazine publisher last week. But his deep emotional, political and business ties to bodybuilding — and to the supplement industry that feeds it — won't be so easily severed. Since becoming governor, Schwarzenegger has remained closely involved with the bodybuilding world and with the supplement companies whose products promise such things as ripped muscles, "thermonuclear" energy and better sex. According to documents and interviews with industry leaders, Schwarzenegger has continued to give the industry advice. He has participated in private meetings about government regulations. The governor also received...

Gov. Arnold Schwarzenegger's chief spokesman on Wednesday said he unintentionally mischaracterized a payment an insurance company made to one of the governor's companies in 2004. Communications Director Rob Stutzman had said the payment from Zurich American to Schwarzenegger's Oak Productions represented a settlement of a dispute with electronics retailer Best Buy involving the unauthorized use of Schwarzenegger's image. But Stutzman on Wednesday said the payment - characterized on the governor's disclosure forms only as more than $10,000 - did not involve Best Buy. And he said a nondisclosure clause in the settlement prevents him from revealing the identity of the...