The promoters of Proposition 32 are bombarding the airwaves, saying it will “keep special-interest money out of politics.”
It won’t, and it was never meant to.
Proposition 32 is a trap that sells California politics to corporations.
If it passes, union members won’t be able to contribute to political campaigns, even if they want to.
The voices of working people will be driven out of politics.
Meanwhile, these “people” will still be able to make political contributions: LLC’s (limited liability corporations), LLP’s (limited liability partnerships), REIT’s (real estate investment trusts), sole proprietorships, SuperPACs, various kinds of investment firms like hedge funds (Bain Capitol, anyone?).
Super PACs undermine democracy no matter which side they favor, and campaign finance reform is an absolute necessity.
Anti-labor interests are already outspending unions nationwide by a ratio of more than $15 for every $1 spent by unions.
Between 2000 and 2011, that amounted to $700 million spent by anti-labor forces, while unions spent just a little more than $284 million.
Could Wall Street risk-takers, CEOs and the one-percenters use this measure as a vehicle to channel millions of dollars to candidates?
Of course they could.
Do they have the money and talent to set that up if it doesn’t already exist? Of course they do.
If you liked Citizen’s United, you’ll love Proposition 32.
It needs to be stopped on Nov. 6.
Rebecca Curry lives in Kelseyville, Calif.