Schwarzenegger vows openness after magazine row

[Rose Siding]

OAKLAND, Calif. (Reuters) - California Gov. Arnold Schwarzenegger promised on Monday to be forthright about his finances after critics said his lucrative fitness magazine contracts posed a conflict of interest.

Schwarzenegger acknowledged to reporters during a bill signing ceremony on Monday at the Port of Oakland that the magazine contracts had become political liabilities.

"I will be as open as possible," Schwarzenegger said. "If problems come up then we solve them as quickly as possible."
....
The chair of California's Democratic Party demanded that Schwarzenegger return any money he earned from the magazines.

Schwarzenegger will not return any money he made working for the magazines, aides said.

http://today.reuters.com/news/newsarticle.aspx?type=politicsNews&storyid=2005-07-18T233434Z_01_N18293024_RTRIDST_0_POLITICS-SCHWARZENEGGER-DC.XML

[madeline_con]

1. Well, that's settled.

"Give the money back."
"No."

[Cha]

2. I saw somewhere on DU

yesterday..somebody wrote that whatever swartzenfuerher does.."It's too damn late"!

[Turbineguy]

3. Openness?

as in your fly is undone?

[SHRED]

4. He needs to come clean

ArnoldWatch Web Log: - Jul 15, 2005 - 05:30 PM
Coming Clean
by: Douglas Heller and Carmen Balber


Arnold did the right thing this afternoon by severing his multi-million dollar contract with the muscle mags. But the fact that Arnold's team defiantly defended the deal yesterday indicates he's more concerned about a source of bad press than the conflict of interest that caused public outrage. He skirted that bad press for more than a year and made the conflict worse when he lied about the deal, revealing an arrangement for charitable contributions by the magazines in '04 but withholding the fact that he was also personally making millions from the magazines' sale of dietary supplement ads.

So, just cutting the contract doesn't do the trick. If he wants Californians to trust that his decisions are made in the public interest and not because he's getting paid on the side, Arnold must:

1. Return any money that he has already received for selling diet supplement ads - at least $1.5 million.

2. Provide a more detailed explanation of all his income, including the money received from the other 20 companies that were listed with the muscle mags as income earned through his corporate shell, Oak Productions, as well as other sources of income that he aggregates in his ethics filings.

>>>>> http://www.arnoldwatch.org/

[msongs]

5. 4 Sale - $8 million obo n/t

[yorkiemommie1]

6. uh huh. yeah, sure

whatever you say.