Hey, did you hear the one about the secret convention of billionaires in San Diego this weekend? It’s really quite the production. They’ll be showing pretty much everything off there is to be seen in a political operation. Well, except grassroots supporters who can’t afford the cost of entry.
Many of the dozens of rich conservative invitees are expected to write huge checks to a pool of cash distributed among Koch-approved groups, potentially boosting the Kochs’ 2012 spending plan beyond their historic $395 million goal. And it’s also a chance for the Kochs to show off their increasingly robust political machine, including a growing voter database project called Themis that played a major role in conservatives’ recent efforts in Wisconsin and in which POLITICO has learned Koch operatives have discussed investing $20 million. (Politico)
Anyway you slice it, these SuperPAC Billionaires are planning to use the Citizens United decision, and some of our other bizarre campaign finance regulations, to the fullest.
But guess what, while we can already expect to see plenty of this at the federal level, the SuperPAC Billionaires are looking to create some special exemptions for themselves right here in California. This November, Californians will be asked on the ballot to approve the Special Exemptions Act, a system that has more holes in it than a good hunk of Emmental cheese.
It just isn’t what it seems. Rather than being a balanced approach to campaign finance reform, it tips the scales to the SuperPAC Billionaires and their friends. It gives them special exemptions from the restrictions imposed under the measure, so they can have even MORE power in Sacramento.
That’s why there is such a broad coalition of opponents to the measure. From good government organizations to environmental groups, organizations understand that the Special Exemptions Act is wrong for California.