BEVERLY HILLS - Last year, Sen. John McCain urged his friend, Gov. Arnold Schwarzenegger, to push for campaign finance reforms in California in 2006. But the governor has spent much of his time talking about building highways, levees and schools, not restraining the flow of campaign dollars.
On Monday, the Republican senator known for trying to slow runaway political spending in Congress was set to help the governor raise money for his re-election bid at a fundraiser with tickets priced up to $100,000.
The closed-door event was being hosted by donors among the entertainment and business elite, including "The Terminator" director James Cameron, Interscope Records chief Jimmy Iovine, Yahoo Inc. Chairman Terry Semel and Univision Communications Inc. Chairman A. Jerrold Perenchio.
Supporters were asked to kick in up to $100,000 for dinner, a private reception and photographs with Schwarzenegger. In some cases, the money will be divided with the state Republican Party, which can use the funds to support Schwarzenegger or run its statewide operations. <snip>
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