revised prop 32 presentation 09 10-2012

The SPECIAL EXEMPTIONS Act

No on Prop 32

www.VoteNoOn32.com

How Elections are Funded

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Campaign Contributor Source of Funding Details

Super PAC/ PAC/ Independent

Expenditure (IE) Committee

Individuals, Corporations,

Unions

Can raise unlimited

sums, independent of

candidates

Corporation

Corporate Profit,

Unlimited

Can write checks to

Super PACs

Union

Payroll Deductions:

Voluntary contribution

from workers’ paychecks

Can write checks to

Super PACs,

Limited to workers’

voluntary donations

Individual Personal funds

Limited amounts to

candidates, PACS and

parties.

Prop 32 claims to ban contributions to

candidates from both corporations and

unions...

What they will tell you…

www.VoteNoOn32.com

www.VoteNoOn32.com

What they won’t tell you…

It includes special exemptions for

corporate donations to Super PACs and

Independent Expenditure Committees

Election funding with Prop 32

www.VoteNoOn32.com

Campaign Contributor Source of Funding Details

Super PAC/ PAC/ Independent

Expenditure (IE) Committee

Individuals, Corporations,

Unions

Can raise unlimited

sums, independent of

candidates

Corporation

Corporate Profit,

Unlimited

Can write checks to

Super PACs

Union

Payroll Deductions:

Voluntary contribution

from workers’ paychecks

Can write checks to

Super PACs,

Limited to workers’

voluntary donations

Individual Personal funds

Limited amounts to

candidates, PACS and

parties.

Targeting only unions is unfair

• Union members annually choose whether to

voluntarily donate through payroll deductions

for political advocacy on their behalf.

• Corporations use their profits to fund elections,

without giving any of us who contribute to the

profits a choice.

• Corporations already outspend unions 15 – 1 in

political expenditures.

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Corporate interests already dominate

political spending

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Business interests dominate, with an overall advantage

over organized labor of about 15-to-1.

Why should you care if you’re

not in a union?

• Unions help advocate on behalf of

the whole community:

• Living Wage

• Property Value Protection Ordinance

• Homeowner Bill of Rights

• Workplace safety regulations

• Healthcare

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Results of Union Advocacy

If the Special Exemptions Act were to pass, it

would effectively silence the voice of

working men and women while giving Super

PACs, corporate special interests and

billionaire businessmen free rein to exert

even more influence over our political

system.

And that hurts all of us.

www.VoteNoOn32.com

Who Stands to Gain?

Who is Prohibited:

• Teachers

• Nurses

• Firefighters

• Police Officers

• Other working men and women who unions represent

Who is Exempted from the Prohibition:

• Hedge Funds

• Billionaires

• Limited Partnerships

• Limited Liability Partnerships (LLPs)

• Limited Liability Companies (LLCs)

• Real Estate Investment Trusts (REITs)

• Business Trusts

www.VoteNoOn32.com

Who is behind Prop 32?

• Wealthy Corporate

Interests

• Wall Street Execs

• Real Estate Developers

• Many of the same financial backers of two similar

initiatives that were rejected by voters.

www.VoteNoOn32.com

www.VoteNoOn32.com

Who can spend without limits?

What do corporations and billionaires

want for their political spending?

With the special exemptions in Prop 32,

corporations will be unrestricted in spending on

things like:

• Gutting air and water safety

• Rolling back worker rights

• Removing consumer protections

www.VoteNoOn32.com

Here’s what others say about Prop 32:

“…it would gut only one side's ability to play in politics”

– Sacramento Bee

“…a phony veneer of fairness…one-sided and biased” –

Long Beach Press Telegram

“…would just expand unaccountable independent

expenditure committees and the super-PACs” – LA Times

League of Women Voters and Common Cause:

OPPOSED

www.VoteNoOn32.com

Prop 32 Summary:

Will not take money out of politics.

Allows Super PACs and Independent Expenditure Committees to continue spending without limit.

Is not real reform. Real political reform treats all sides equally.

Is unbalanced and unfair as it targets union members’ contributions but not corporate profit.

www.VoteNoOn32.com

The Truth about Prop 32

It’s deceptive. It’s not the reform it

pretends to be.

It’s unfair. It silences one side – the

working people – while increasing

the power of corporate special

interests to influence politics.

www.VoteNoOn32.com

• Vote No on Prop 32.

• Sign a commitment card today

• Spread the word.

• Can you commit to telling 5 people?

• What other groups should get this

presentation?

• Volunteer.

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ACTION:

32

For More Information:

www.VoteNoOn32.com

NRodriguez@onlineCPI.org

(619) 584-5744 x62

www.VoteNoOn32.com