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"Loophole" Arnold Gets $550,000 Donation From Chinese

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  • "Loophole" Arnold Gets $550,000 Donation From Chinese

    How do the rich stay rich? By using others peoples money for food, shelter, “fun” and travel.

    In this case, our Governor set up a "travel" non profit--and the Chinese gave it $550,000 so he could visit the totalitarian Chinese nation.

    "Gov. Arnold Schwarzenegger isn't letting a new rule limiting gifts to public officials put a crimp in his globetrotting ways.

    Instead, administration officials are availing themselves of a gap in state regulations to use a $550,000 gift from a Chinese company to pay for an upcoming trade mission to Asia.

    On Thursday, the state Fair Political Practices Commission implemented a $420 limit on private contributions to nonprofits like the one the governor has used for years to pay for private jets and luxury hotel rooms on trips to Asia, Europe and the Middle East. Any such contribution earmarked to benefit a particular public official is subject to the new cap.

    But the rule can easily be circumvented with a small tweak in the fundraising process: If the person or group giving to the nonprofit doesn't identify the public official the check is meant to benefit, the $420 cap does not apply.'

    Too bad he can't use the same creativity to end our deficit. This is why politicians are not trusted. They use loopholes to violate the spirit of the law. And our Governor is the role model for such actions.

    Seven months and counting.

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