KFI's John and Ken
are reporting that the California Teachers Association
may be nearly bankrupt as they fight two Arnold
endorsed initiatives on the November special election ballot. Attorneys for the teacher's union are fighting legal efforts to block an additional assessment the union is attempting to levy on members to pay for their efforst to fight Arnold, as well as Propositions 75
. According to John and Ken, court filings from the financial guys at the union, show that the CTA is heavily in debt and is attempting to negotiate additional lines of credit to pay current loans and the costs of opposing 75 and 76 going into the last few days of the election. The union has put forward the special assessment as collateral for the additional financing they need, however if members are able to block the assessment, the union could be in huge financial trouble going forward.
According to reports, the union is upset
that some of its members involved with the Yes on 75 campaign have spammed 90,000 teachers in support of the measure and claiming the union is bankrupt. The union is saying there is a legal violation because the law prohibits the use of school resources for political campaigns (if that is so, why is this stuff going on
?). However, the California High School Conservative Blog
explains well why there is likely no violation
in this case.
(Photo - CTA President Barbara Kerr)