(CA & TX) Republican...Stars: Corporate Sponsored and Ethically Challenged

Republican Party Stars: Corporate Sponsored and Ethically Challenged
By Joel Wendland

March 24, 2005

Arnold's Corporate Sponsors

While Arnold Schwarzenegger as action hero fought the corruption and abuse of power of the big corporations in Total Recall, he is now on the other side. He is working for them. Last week the Foundation for Taxpayer and Consumer Rights (FTCR) unveiled what they describe as the Century Plaza "Cash Syndicate," a group of corporate CEOs who have shelled out millions to back Arnold Schwarzenegger 's re-election bid. As of the middle of March this collection of business tycoons had given over $5 million to the admitted former steroids user.

One of these contributors, according to an investigation conducted by the FTCR is Roland Arnall, co-chair of the board at Ameriquest Capital Corporation, a company that is being investigated for a range of corporate crimes from fraud to bait-and-switch sales tactics in 25 states. Arnall and his company, says FTCR, have alone given over $1.2 million.

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Tom DeLay: Corporate Strongman

While Schwarzenegger 's acceptance of huge amounts of corporate cash in exchange for pushing an agenda that clearly violates his own promises and will hurt the majority of California's workers, taxpayers and consumers, sleazy as it is, it so far hasn't been shown to be illegal or violating of existing ethical rules.

On the other hand, Republican House Majority Leader Tom DeLay has been under severe pressure to resign his post, if not his congressional seat, as a result of ethical violations that have led to federal investigations.

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