4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs

Proposition 39 diverts billions to special interest slush funds

We continue to hear about the dire financial shape California is in. We had to close state parks, we had to lay off teachers, we had to eliminate lifeguards and other public safety employees and yet low and behold there is this super easy way to generate billions in revenues by just closing a tax loophole for out-of-state businesses. So what does the state do? Do they rehire the teachers or reopen the parks? NOPE. They create a brand new spending program and allocate all the money from that loophole to that program.

That is what "Venture Capitalist" Tom Steyer is doing by bankrolling this proposition. Everyone loves the term "closing a tax loophole" and they love the term "green energy" so this is a no-brainer right?

Not so fast California voters! This proposition smells like a rat. We have a Goldman Sachs Venture Capitalist Hedge-fund manager (the same guy lecturing around the country about natural gas as clean energy) pushing it, we have billions of dollars being diverted from schools and parks and other state programs to what amounts to a giant slush fund with no protections against conflicts of interests whatsoever for the taxpayers.

But don't worry there is an "oversight committee"....we all know how well those work and Tom Steyer has said he won't make a penny from it....really? You really don't think all Steyer's Cayman Island funds won't profit? You don't think Steyer will make sure all his investments in natural gas won't profit from this money?

Here is the bottom line on this proposition:

Proposition 39 is a recipe for waste and corruption. It spends up to $22 million on a new bureaucracy and special interest commission. It gives Sacramento politicians a blank check to spend billions without real accountability or taxpayer protections against conflicts of interest.

$2.5 billion that could go to schools, health and welfare, environmental protection or public safety is instead diverted to a new government commission with fat salaries and little accountability. Our state budget deficit today is nearly $16 billion and Prop. 39 makes things worse by wasting money on a new unnecessary bureaucracy.

You’ve heard it before. Sacramento has a plan to create jobs. We give them money to create a commission of political appointees with an appealing name like Citizens Oversight Board. They get a blank check to spend (or waste) tax dollars. Under Prop. 39, money is spent to give contracts to so-called 'Green Energy' programs. Who is likely to get those contracts? Big campaign contributors, that’s who.

Come join the No on Prop 39 Facebook page. it's up to us non-billionaires to fight this giveaway.

Here's something you might be interested in.
Submit a free classified
or view all

Previous article

Read Or Die Book and Zine Fair, Block 112: San Diego’s 1880s Working Class

Events January 28-February 1, 2023
Next Article

Local waterfalls are pumping, Big surf moves sand

Brown pelicans show breeding plummage

We continue to hear about the dire financial shape California is in. We had to close state parks, we had to lay off teachers, we had to eliminate lifeguards and other public safety employees and yet low and behold there is this super easy way to generate billions in revenues by just closing a tax loophole for out-of-state businesses. So what does the state do? Do they rehire the teachers or reopen the parks? NOPE. They create a brand new spending program and allocate all the money from that loophole to that program.

That is what "Venture Capitalist" Tom Steyer is doing by bankrolling this proposition. Everyone loves the term "closing a tax loophole" and they love the term "green energy" so this is a no-brainer right?

Not so fast California voters! This proposition smells like a rat. We have a Goldman Sachs Venture Capitalist Hedge-fund manager (the same guy lecturing around the country about natural gas as clean energy) pushing it, we have billions of dollars being diverted from schools and parks and other state programs to what amounts to a giant slush fund with no protections against conflicts of interests whatsoever for the taxpayers.

But don't worry there is an "oversight committee"....we all know how well those work and Tom Steyer has said he won't make a penny from it....really? You really don't think all Steyer's Cayman Island funds won't profit? You don't think Steyer will make sure all his investments in natural gas won't profit from this money?

Here is the bottom line on this proposition:

Proposition 39 is a recipe for waste and corruption. It spends up to $22 million on a new bureaucracy and special interest commission. It gives Sacramento politicians a blank check to spend billions without real accountability or taxpayer protections against conflicts of interest.

$2.5 billion that could go to schools, health and welfare, environmental protection or public safety is instead diverted to a new government commission with fat salaries and little accountability. Our state budget deficit today is nearly $16 billion and Prop. 39 makes things worse by wasting money on a new unnecessary bureaucracy.

You’ve heard it before. Sacramento has a plan to create jobs. We give them money to create a commission of political appointees with an appealing name like Citizens Oversight Board. They get a blank check to spend (or waste) tax dollars. Under Prop. 39, money is spent to give contracts to so-called 'Green Energy' programs. Who is likely to get those contracts? Big campaign contributors, that’s who.

Come join the No on Prop 39 Facebook page. it's up to us non-billionaires to fight this giveaway.

Sponsored
Here's something you might be interested in.
Submit a free classified
or view all
Ask a Hipster — Advice you didn't know you needed Big Screen — Movie commentary Blurt — Music's inside track Booze News — San Diego spirits Classical Music — Immortal beauty Classifieds — Free and easy Cover Stories — Front-page features Drinks All Around — Bartenders' drink recipes Excerpts — Literary and spiritual excerpts Feast! — Food & drink reviews Feature Stories — Local news & stories Fishing Report — What’s getting hooked from ship and shore From the Archives — Spotlight on the past Golden Dreams — Talk of the town The Gonzo Report — Making the musical scene, or at least reporting from it Letters — Our inbox [email protected] — Local movie buffs share favorites Movie Reviews — Our critics' picks and pans Musician Interviews — Up close with local artists Neighborhood News from Stringers — Hyperlocal news News Ticker — News & politics Obermeyer — San Diego politics illustrated Outdoors — Weekly changes in flora and fauna Overheard in San Diego — Eavesdropping illustrated Poetry — The old and the new Reader Travel — Travel section built by travelers Reading — The hunt for intellectuals Roam-O-Rama — SoCal's best hiking/biking trails San Diego Beer — Inside San Diego suds SD on the QT — Almost factual news Sheep and Goats — Places of worship Special Issues — The best of Street Style — San Diego streets have style Surf Diego — Real stories from those braving the waves Theater — On stage in San Diego this week Tin Fork — Silver spoon alternative Under the Radar — Matt Potter's undercover work Unforgettable — Long-ago San Diego Unreal Estate — San Diego's priciest pads Your Week — Daily event picks
4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs
Close