MISH'S
Global Economic
Trend Analysis

Recent Posts

Thursday, September 20, 2012 8:09 PM


Help Stop Special Interest Groups and Unions From Buying Politicians; Vote Yes On Proposition 32


Mish Moved to MishTalk.Com Click to Visit.

In general, if union leaders and organizers are raising money for some political purpose, I am against the proposal (and vice versa).

In the case at hand, public unions are raising money to defeat proposition 32, so it is nearly automatic that I would be for it. And I am.

But what is California proposition 32?

Proposition 32

Vote Yes on Proposition 32  if you want to ...

  1. Prohibit corporations and unions from giving to candidates
  2. Prohibit the deduction of political money from worker paychecks, making all political contributions truly voluntary
  3. Prohibit contractors from giving to politicians who approve their contracts

Please consider the following You-Tube video on prop 32.



Unions of course are fighting this tooth-and-nail. In general that is all you need to know.

Opponents claim there are loopholes that allow contributions to super-PACs. If so, it is relatively even-handed although arguably not perfect. Nothing stops unions or corporations or anyone else from voluntarily giving money to PACs.

The biggest gripe of the SEIU and unions is point number two. Point number two is thus the biggest strength of the proposal.

It is long past the time to rein in public unions and I look forward to the time the entire notion of collective bargaining for public unions goes into the ashcan of history where it belongs.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
Click Here To Scroll Thru My Recent Post List

Last 10 Posts


Copyright 2009 Mike Shedlock. All Rights Reserved.
View My Stats