Thursday, August 20, 2015
No Sugar Daddies So Far for Pension Initiative Proponents
You can read the whole article - which talks about mounting a "grassroots" campaign for signatures - but here is the key point:
...DeMaio’s political committee, California Reform, had $28,910.88 in the bank at the end of June. Contributions through the first half of the year totaled $45,974, including an $8,000 loan from DiMaio in March...
A signature-gathering campaign typically costs $2 million and up nowadays.
It's clear what the proponents need, but don't have: