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Curve Equity Exposed Fund (AXcess News) Sacramento - While the drug industry Has pooled a record-breaking $80 Million for California measures, Schwarzenegger remains second only to George W. Bush in campaign money raised from drug companies.

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Equity Income Funds The US' largest AIDS organization and a co-sponsor of Proposition 79 expressed its profound disappointmentin responding to Governor Arnold Schwarzenegger's decision earlier Friday to endorse a competing drug discount measure, the pharmaceutical industry-backed Proposition 78, which relies on manufacturers to volunteer discounts, and has no enforcement mechanism.

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Capital Casebook Equity "Like Claude Rains' Captain Renault in Casablanca, I am shocked, shocked to find Governor Schwarzenegger on the side of the drug industry in endorsing Proposition 78, their toothless, voluntary drug discount program for Californians," said Michael Weinstein, President of AIDS Healthcare Foundation.

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Private Investment In Public "Schwarzenegger is second only to President Bush in campaign contributions raised from the multi-billion dollar drug industry. His endorsement of Pharma's measure over Prop #79, which will provide twice as many Californians-up to ten million people-deeper drug discounts, reveals a politician beholden to special interests at the expense of ordinary Californians struggling to afford their health care costs and prescription drug bills," saind Weinstein.

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Equity Mutual Funds According to Weinstein, pharmaceutical companies have poured a record-breaking $80 million into Proposition 78, a smokescreen measure designed to defeat the health and consumer advocate-supported Prop 79 -- because they fear the real, enforceable discounts that Prop 79 would provide. Despite an expensive TV-ad campaign, a recent field poll demonstrates that support for the drug company initiative is slipping, with 44% of respondents more likely to vote against the measure when told its backed by the drug companies.

Birmingham Contact Equity Weinstein went on to say, "Schwarzenegger's endorsement of Proposition 78 -- the drug industry Trojan Horse that is really intended as a ruse to defeat Proposition 79 -- is a cynical move to also fill the campaign coffers for his re-election and his own faltering ballot measures," added AHF's Weinstein. "We urge all Californians to get the facts on these opposing ballot measures so that voters will not succumb to the empty promises offered in the drug industry's slick, but ultimately hollow $80 million 'business as usual' advertising campaign for its Proposition."

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