Propositionaggedon 2012: California Democratic Party Endorsements

[bemildred]

16. A chunk for schools, a chunk for pre-school, a chunk for debt reduction for 4 years , IIRC.

Last edited Tue Oct 16, 2012, 08:53 AM - Edit history (1)

After reading both, I've decided to vote for 30, and not 38. I think it's a stalking horse designed to stop Jerry's initiative, which has much broader effects, beyond the financial. I was tempted anyway, but let's face it we've been far too trusting with these initiatives.

Prop. 38 dips much deeper into the low end of the income scale: $7316 vs $250K.

Prop. 30 collects more money in the over $250,000 range, but for 4 years, not 12, so it does not hamstring future legislatures, which we might have elected honestly and want to act.

Prop. 38 creates ANOTHER huge pot of public money which will be available to private enterprise, with the usual boilerplate about how the money must not be misused.

The fact that Munger's brother likes it (the guy pushing Prop. 32) does not fill me with confidence either.

I think it is a very good thing also to punish rich people and politicians that try to buy elections with their money. (Hi Meg!)

And who do you trust?