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DemonFighterLives Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-15-05 04:40 PM
Original message
What about Ahhhnold?
I don't know if this has come up yet. Old gropenator thinks it is ok to veto a bill that would make it harder to get supplements. And at the same time he is collecting money from ads.

http://www.latimes.com/news/local/la-me-governor14jul14,0,2776728.story?coll=la-home-headlines

SACRAMENTO — Two days before he was sworn into office, Gov. Arnold Schwarzenegger accepted a consulting job paying an estimated $8 million over five years to "further the business objectives" of a national publisher of health and bodybuilding magazines.

The contract pays Schwarzenegger 1% of the magazines' advertising revenue, much of which comes from makers of nutritional supplements. Last year, the governor vetoed legislation that would have imposed government regulations on the supplement industry.


According to records filed Wednesday with the Securities and Exchange Commission, Schwarzenegger entered into the agreement with a subsidiary of American Media Inc. on Nov. 15, 2003. The Boca Raton, Fla.-based company publishes Muscle & Fitness and Flex magazines, among others.

Watchdog groups and state lawmakers called the contract — which refers to Schwarzenegger as "Mr. S" — a conflict of interest.
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coloradodem2005 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-15-05 04:45 PM
Response to Original message
1. Interesting.
Another Republican does something illegal.
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DemonFighterLives Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-15-05 08:37 PM
Response to Reply #1
2. Arnold's midsummer nightmare
I just had to kick it once.
:dem:
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lwin Donating Member (499 posts) Send PM | Profile | Ignore Fri Jul-15-05 08:40 PM
Response to Original message
3. We already jumped him on this and he backed down
http://www.latimes.com/news/local/la-me-governor16jul16_lat,0,4149699.story?coll=la-home-headlines


Governor Cancels $8 Million Contract With Magazine

A day after an aide said the issue was "much ado about nothing," Gov. Arnold Schwarzenegger abruptly canceled his $8 million consulting contract with a magazine publisher today amid widespread complaints that he had a conflict of interest with his job as California's chief executive.

Schwarzenegger, in a statement issued at 4:15 p.m. today, said he would forgo any compensation from the firm, Weider Publications.


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DemonFighterLives Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-15-05 08:48 PM
Response to Reply #3
4. Thanks for the update
Edited on Fri Jul-15-05 08:59 PM by DemonFighterLives
So arnie will make it till the next scandal.
Any word on his profits?

On edit: I assume that he did not profit from his vetos yet?
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