TERMINATING CAMPAIGN FINANCE IN CALIFORNIA

Schwarzenegger Unveils Political Reform Plan, from Findlaw:

He called for a ban on campaign fund-raising during the months the state budget is under discussion, and a requirement that candidates report all contributions daily, not just those over $1,000 now required.

This is either an attempt to appeal to moderate and populist voters, a mere attempt to tarnish his non-millionaire rivals with the taint of corruption, or a long-term, stealth attempt to discredit the kind of reforms that McCain-Feingold enacted. I can't tell which.