revised prop 32 presentation 09 10-2012
TRANSCRIPT
The SPECIAL EXEMPTIONS Act
No on Prop 32
www.VoteNoOn32.com
How Elections are Funded
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.
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.
www.VoteNoOn32.com
Corporate interests already dominate
political spending
www.VoteNoOn32.com
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
www.VoteNoOn32.com
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.
www.VoteNoOn32.com
ACTION:
32
For More Information:
www.VoteNoOn32.com
(619) 584-5744 x62
www.VoteNoOn32.com