yeah, you can get some information by knowing who is for and who is against an initiative (or a politician). But that's never enough.The big corporations like Bank of America opposed Proposition 13 in California (which helped create the current fiscal mess). Does that mean that we should have been in favor of Prop. 13?
On 11/5/06, Dan Scanlan <[EMAIL PROTECTED]> wrote:
On Nov 5, 2006, at 9:27 AM, Jim Devine wrote: > why is "the enemy of my enemy is my friend" logic so popular?? > > I remember when I asked if anyone on pen-l had any useful knowledge > about California Proposition 87 (taxing oil) -- and someone said, in > effect: hey, the oil companies are agianst it, need we say more? That > person truly earned a place on my auto-trash list. A few years back there were three initiatives on the California ballot regarding health insurance. The insurance industry had floated two of them in order to confuse the issue on the one good one. The easiest way to hone in on the truth of the matter was to check out what Ralph Nader had to say about them. He actually does his homework. For most people, Nader's word was appropriately enough and the California electorate dumped the insurance creations. Back in 1979 I was heavily involved in the Tax Big Oil Initiative, a California electoral initiative started, I believe, by Bill Press. The initiative would tax the oil companies based on what they told their shareholders was their earnings and the tax would be used for alternative energy sources and mass transit. Once we got on the ballot, the oil companies dumped $6 million into a campaign to defeat it. Although we easily got on the ballot, we lost because we could not counter the massive television campaign. In that instance, as in this one, just knowing that the oil companies are against it is a damn good reason to vote for it. I hope I don't wind up in your spam filter. Dan Scanlan
-- Jim Devine / "Mathematics has given economics rigor, but alas, also mortis." -- Robert Heilbroner
