Column: California's ballot measures will produce a deluge of special-interest cash [Los Angeles Times (CA)]
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Source: Los Angeles Times
You can lay the hand-wringing about the failing condition of the American economy aside for a moment, because one sector is blazingly fat and likely to become even more so between now and election day. We’re talking about spending on California ballot measure campaigns. Twelve measures will be on the state’s November ballot. Some of them concern issues unrelated to any particular business’ pocketbook. Those include measures devoted to voting rights (two measures would expand the franchise to parolees and 17-year-olds), affirmative action (repealing a 1996 Republican-sponsored measure that ended it in California), and a tough-on-crime stance that would reclassify some misdemeanor drug and property crimes as felonies. But others will either make certain businesses more profitable or reduce or eliminate regulations on them. That’s where the monetary rubber meets the road. The initiative, the referendum, and the recall...place in the hands of the people the means by which they may protec
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